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Gold Rally Holds as Rate Pressures Persist; Miners Outperform
Gold retains most of its 4% surge as Treasury buybacks support; mining stocks outperform, but rate and oil headwinds persist.
AT&T Fiber Vandalism Outages Fail to Move Shares; Theft Costs Minimal
AT&T (NYSE:T) shares were unchanged after fiber vandalism caused outages in California and Kentucky. The $76 million annual theft cost is a tiny fraction of cash flow, so investors shrugged off the disruption.
Rosenblatt Prefers Amazon Over Alphabet on AI Growth, But Valuation Gap Narrows
Rosenblatt initiates Amazon with a Buy rating and $335 target, citing AI strength, while Alphabet trades at a 10% lower forward P/E with comparable upside and faster cloud growth.
Chipotle's BOGO Push Tests Traffic Growth Amid Margin Squeeze
Chipotle's new BOGO offers aim to boost sluggish traffic as Q2 margins dropped 220 basis points. The chain's stock trades near year lows amid investor scrutiny.
Trainline's £188M Market Value Wipeout Overshadows Potential CMA Fine
Trainline's stock dropped 9% to 190p, erasing £188M in value over two days—four times the maximum potential CMA fine—as investors weigh regulatory and earnings risks.
Dow Slides 460 Points as Rising Yields Outweigh Walmart's Drag
The Dow fell 460 points as Treasury yields resumed their climb, with Walmart's 9% drop contributing just 13% of the decline. Broader valuation pressures dominate.
Intel Shares Slide Below $95 Offering as $20B Capex Plan Draws Scrutiny
Intel shares fell 3.8% below their $95 offering price as the chipmaker's $20 billion capital plan raises questions about returns and dilution.
Magna Eyes Dual Boost from Canada Tariff Deal and FX Gains
Magna International (MGA) may gain twice from a US-Canada trade deal: lower auto tariffs and a stronger loonie, which already added $692M to H1 sales.
StubHub's Profit Puzzle: Strong Sales, Thin Earnings
StubHub's record Q2 sales failed to translate into meaningful profit, but analysts still see 68% upside. The focus is on converting volume into earnings.
Costco Stock Slips as Medicare Pilot Adds Pressure to Rich Valuation
Costco shares dropped 1.8% as a Medicare pilot with SCAN puts pressure on its 47x valuation. The program could expand its health services reach.