Track market-moving stories before they get noisy

In another one of this week’s tests of investor sentiment around artificial intelligence (AI) – and a tentpole one at that — Google’s parent company, Alphabet (NASDAQ: GOOGL), reports second-quarter results after the close of U.S. markets on Wednesday, July 22.

This report could be an opportune time for short-term traders to consider Alphabet single-stock ETFs, such as the Direxion Daily GOOGL Bull 2X Shares (GGLL) and the Direxion Daily GOOGL Bear 1X Shares (GGLS). When preparing for Alphabet’s earnings with these funds, traders should note that GGLL attempts to deliver 200% of the daily returns of the internet stock, while the bearish GGLS seeks intraday performances corresponding with the inverse returns of Alphabet.

Although shares of Alphabet are up 12% year to date, they have slipped 3% over the past month — perhaps signaling a near-term burden of proof for the company as it heads into its earnings report. If that’s accurate, either GGLL or GGLS could be worth considering.

“Look for Google Cloud growth in both quarterly numbers and contracted future revenue (or backlog),” noted Malik Khan of Morningstar. “We think investors want certainty that the $460 billion backlog will convert to sales over the next two years, and also want to know what that trajectory will look like. Non-backlog factors, such as consumption-based spending and new commitments, will be important for understanding the health of the cloud business.”

More Alphabet Angles Without the benefit of a crystal ball, it’s difficult to determine which of the Direxion ETFs will come into focus following Alphabet’s earnings report. However, identifying the catalysts that could move the stock and these ETFs is relatively easy. That list starts with planned expenditures, particularly those related to AI.

“The firm should be at the top end of its $180 billion-$190 billion annual capital expenditure guidance. We think investors will key in on the annual capital expenditure for 2026, as well as any implied numbers it may provide for 2027 and their associated impacts on earnings,” added Khan.

For traders looking to approach Alphabet in bullish fashion, potentially deploying GGLL in the process, it’s worth noting that some market observers believe the stock remains one of the more attractively valued names in the mega-cap growth space.

“We see the stock as cheap and expect investors to appreciate the firm’s multi-vector monetization opportunity in AI throughout the year,” concluded Khan. “While there are concerns about Gemini falling behind at the frontier, we think Alphabet remains competitively well-positioned in the model layer and across the entire AI stack (chips, cloud infrastructure, and applications). We believe Alphabet can find monetization opportunities across its businesses, leveraging AI.”

For more news, information, and strategy, visit the Leveraged & Inverse Content Hub.

AMD stock jumped more than 4% in premarket trading on Tuesday as Microsoft’s endorsement of its artificial-intelligence platform fuelled expectations that a broader customer push could follow.

The stock had already gained 5.1% on Monday after Microsoft said it would deploy AMD’s Helios rack-scale systems and next-generation EPYC processors across Azure.

The agreement gives AMD commercial validation before its Advancing AI event begins Wednesday.

Microsoft plans to use Helios for Azure infrastructure supporting frontier-model inference, its AI services and customer applications.

AMD expects to begin shipping the systems to customers, including Microsoft, during the second half of 2026.

Helios combines MI455X accelerators, sixth-generation EPYC “Venice” processors, Pensando networking and ROCm software in an integrated rack.

That breadth matters because AMD has historically been viewed as a chip supplier competing against Nvidia’s larger ecosystem.

The approach gives data-centre operators a complete system.

It also allows Microsoft to diversify its infrastructure beyond Nvidia while combining outside processors with its own Maia chips.

“What makes this more significant than a routine cloud partnership is its breadth,” Baptista Research analyst Ishan Majumdar told MarketWatch.

Majumdar said the deal validated AMD as an integrated AI-infrastructure provider rather than a chip-level challenger.

He cautioned that neither financial terms nor deployment volumes were disclosed, making the announcement a sign of potential future revenue rather than an immediately measurable earnings contribution.

AMD’s two-day Advancing AI event on July 22 and 23 will focus on infrastructure, architecture, customer deployments and the company’s wider computing strategy.

Investors expect updates on Helios, MI455X accelerators, future MI500 products and the ROCm software ecosystem.

The biggest source of speculation is Anthropic.

Jefferies analysts said a more conventional agreement with the Claude developer would be a “major positive for the stock” and strengthen confidence that AMD can compete for demanding AI workloads without offering large equity incentives.

An Anthropic deal had not been confirmed as of Tuesday.

The stronger test is whether Microsoft becomes the first of several customers prepared to deploy Helios at scale.

AMD has already named Meta, OpenAI and Oracle among early adopters, but investors will want deployment timetables and economics.

Another recognisable customer would suggest that Helios is becoming a broadly accepted platform rather than depending on a small number of structured partnerships.

Bank of America analysts expect the event to provide greater visibility into 2027 deployments, production ramps and adoption among hyperscale customers.

Those details will determine whether Microsoft’s endorsement can translate into earnings.

Investors need to know how quickly AMD can manufacture racks, how many systems customers may install, and when orders will begin contributing materially to data-centre revenue.

Execution remains the central risk. AMD must coordinate accelerators, processors, networking hardware and software while competing against Nvidia’s established rack-scale platform.

Delays, limited initial volumes or weak margins could temper enthusiasm.

Purchase of eight 737 MAX and 787 Dreamliner airplanes will renew and grow the African carrier's fleet Uganda Airlines will boost capacity and serve more markets to meet rising travel demand from east African region , /PRNewswire/ -- Boeing [NYSE: BA] and Uganda Airlines announced today that the national carrier is ordering four 737-8 and four 787-9 airplanes to grow and modernize its fleet. The airline's first-ever Boeing airplane purchase will support growing demand across its regional and international network.

Uganda Airlines Places First Boeing Order for 737 MAX and 787 Dreamliner Jets. "This commitment with Boeing marks a defining step in Uganda Airlines' growth journey and in our broader ambition to position Entebbe as a strategic aviation hub for the region," said Ato Girma Wake, Uganda Airlines CEO. "The aircraft will strengthen our ability to connect Uganda more efficiently to regional, continental and international markets, while supporting trade, tourism, investment and cargo development."

The 737-8, which can fly 160-180 passengers in a two-class configuration with a range up to 3,500 nautical miles (6,480 km), is well-suited for Uganda Airlines' intra-Africa routes and service to the Middle East and India. With a range up to 8,300 nautical miles (15,370 km), the 787-9 will support the airline's high-demand long-haul routes to the Middle East, Asia and Europe.

"We're pleased to welcome Uganda Airlines as a Boeing customer and support the airline's next phase of growth with the 737-8 and 787-9," said Brad McMullen, Boeing senior vice president of Commercial Sales and Marketing. "These airplanes offer efficiency, range and versatility to help Uganda Airlines strengthen and expand its network."

Together, the 737 MAX and 787 Dreamliner will enable Uganda Airlines to serve more destinations while reducing fuel use by 20-25% compared to the airplanes they replace.

"Just as importantly, this partnership brings together Uganda Airlines and Boeing in a long-term relationship focused not only on fleet growth, but also on technical excellence, training and capacity building," added Wake. "We are proud to celebrate this milestone at Farnborough as we invest in the future of our national carrier and in Uganda's economic transformation."

The airline currently flies to 17 destinations in 13 countries from its hub in Entebbe, Uganda.

About Uganda Airlines
Uganda Airlines is Uganda's national carrier, a full-service passenger and cargo carrier that began operations in 2019. It provides scheduled air transportation services in East Africa, the Middle East, Asia and Europe. For more information about the Company, visit: https://ugandairlines.com  

About Boeing
A leading global aerospace company and top U.S. exporter, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. Our U.S. and global workforce and supplier base drive innovation, economic opportunity, sustainability and community impact. Boeing is committed to fostering a culture based on our core values of safety, quality and integrity.  

Contact

Uganda Airlines
[email protected] 

Boeing Media Relations
[email protected]

SOURCE Boeing

Luxembourg's national airline converts two 737-10 options into firm orders New agreement increases Luxair's firm order book to twelve 737 aircraft and adds two further options , /PRNewswire/ -- Boeing [NYSE: BA] and Luxair, the national airline of the Grand Duchy of Luxembourg, today announced that the airline has converted two options for the Boeing 737-10 into firm orders and secured options for two additional 737-10 aircraft.

Boeing and Luxair, the national airline of the Grand Duchy of Luxembourg, announce that the airline has converted two options for the Boeing 737-10 into firm orders and secured options for two additional 737-10 aircraft. "This agreement represents another important milestone in the execution of our long-term fleet strategy," said Gilles Feith, CEO of Luxair. "As we continue to grow, delivering an outstanding passenger experience remains at the heart of every fleet decision we make. The Boeing 737-10 provides the additional capacity, operational efficiency and flexibility we need to support future demand while maintaining the high standards of quality, comfort and service our customers expect from Luxair."

"With 20 percent lower fuel use and emissions compared with the aircraft they replace, these aircraft also support our ambition to further reduce our environmental footprint while strengthening Luxembourg's connectivity," added Feith. "At the same time, the additional purchase rights preserve valuable strategic flexibility, allowing us to adapt our fleet in line with future market developments and customer demand."

Following its 2024 order for two Boeing 737-10 aircraft, Luxair has now converted two options into firm orders. Once all firm orders have been delivered, Luxair's Boeing 737 fleet will comprise of twelve aircraft: eight Boeing 737-8s and four Boeing 737-10s.

Together with the additional options, the agreement provides the airline with the flexibility to support future growth while benefiting from the fleet commonality and operational efficiencies of the Boeing 737 family.

The 737-8 and 737-10 will reduce fuel use and emissions by 20 percent compared with the airplanes they replace. On average, each new-generation 737 will save up to 8 million pounds of CO₂ emissions annually.

The reduction in noise generated during take-offs and landings is another important area of environmental performance for the 737-8 and 737-10, particularly for people working at airports and communities in the surrounding areas. The 737-10 has the best per-seat economics of any single-aisle airplane, seating up to 230 passengers with a range of 3,100 nautical miles (5,740 km).

"Both the 737-8 and 737-10 are perfectly suited across Luxair's network, increasing capacity on to its regional routes, comfortably serving more passengers on more routes with the lowest cost per seat of any single-aisle airplane," said Ricardo Cavero, Boeing vice president, Europe and Israel Commercial Sales and Marketing. "With the selection of the 737-8 and 737-10, Luxair is building a more profitable and sustainable operation."

The 737-10 aircraft, configured with 213 seats, will support growing demand on high-density leisure and business routes while further enhancing Luxair's onboard offering.

The Boeing Sky Interior will feature redesigned seats with a seat pitch of 76 cm, USB-C charging at every seat and wireless in-flight entertainment accessible via passengers' personal devices. Powered by latest-generation CFM LEAP-1B engines, the aircraft will combine greater capacity with operational efficiency, a quieter cabin and a high level of passenger comfort.

About Luxair
Founded in 1961, Luxair is a key player in the economy of Luxembourg and the surrounding Greater Region. Luxair offers direct, convenient and reliable connections to more than 100 destinations across Europe and beyond, transporting over 2.6 million passengers in 2025. The airline combines a broad network from Luxembourg with high service standards, flexibility for business travel and quality leisure travel experiences.

Through its Luxairtours division, Luxair offers holiday packages designed to provide a smooth and enjoyable travel experience. As the main airport service provider at Luxembourg Airport, Luxair also manages passenger assistance and aircraft handling services. Its Catering division is responsible for preparing fresh inflight meals and ensuring their timely delivery on board.

In 2026, Luxair began integrating new-generation aircraft into its fleet, with a focus on reducing emissions, improving operational efficiency, and enhancing the passenger experience.

Luxair is committed to a distinctive social model, combining competitive pricing, high service standards and attractive working conditions. By fostering a responsible and sustainable business environment, Luxair remains a strong regional leader, deeply rooted in its community.

About Boeing
A leading global aerospace company and top U.S. exporter, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. Our U.S. and global workforce and supplier base drive innovation, economic opportunity, sustainability and community impact. Boeing is committed to fostering a culture based on our core values of safety, quality and integrity.  

Contact
Boeing Media Relations
[email protected]

Luxair Communications
[email protected] 

SOURCE Boeing

Posted by Defense World Staff on Jul 21st, 2026

AlTi Global Inc. lifted its position in NIKE, Inc. (NYSE:NKE – Free Report) by 445.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,024 shares of the footwear maker’s stock after buying an additional 27,781 shares during the quarter. AlTi Global Inc.’s holdings in NIKE were worth $1,797,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Main Street Financial Solutions LLC boosted its stake in NIKE by 4.2% in the second quarter. Main Street Financial Solutions LLC now owns 3,441 shares of the footwear maker’s stock worth $244,000 after buying an additional 139 shares in the last quarter. Diligent Investors LLC grew its holdings in shares of NIKE by 4.3% during the 4th quarter. Diligent Investors LLC now owns 3,719 shares of the footwear maker’s stock valued at $237,000 after purchasing an additional 153 shares during the last quarter. Massachusetts Financial Services Co. MA grew its holdings in shares of NIKE by 4.3% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 3,978 shares of the footwear maker’s stock valued at $253,000 after purchasing an additional 163 shares during the last quarter. Lakeshore Capital Group Inc. raised its position in NIKE by 2.9% in the 4th quarter. Lakeshore Capital Group Inc. now owns 5,868 shares of the footwear maker’s stock worth $374,000 after purchasing an additional 165 shares during the period. Finally, ANB Bank raised its position in NIKE by 0.7% in the 4th quarter. ANB Bank now owns 25,451 shares of the footwear maker’s stock worth $1,621,000 after purchasing an additional 165 shares during the period. 64.25% of the stock is currently owned by institutional investors.

NIKE Stock Down 0.8% NIKE stock opened at $43.43 on Tuesday. NIKE, Inc. has a 12 month low of $40.00 and a 12 month high of $80.17. The stock has a fifty day simple moving average of $43.69 and a two-hundred day simple moving average of $51.66. The company has a current ratio of 1.96, a quick ratio of 1.36 and a debt-to-equity ratio of 0.40. The firm has a market cap of $64.31 billion, a price-to-earnings ratio of 20.78, a PEG ratio of 2.53 and a beta of 1.12.

NIKE (NYSE:NKE – Get Free Report) last released its quarterly earnings results on Tuesday, June 30th. The footwear maker reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.09. The business had revenue of $10.97 billion during the quarter, compared to the consensus estimate of $10.85 billion. NIKE had a return on equity of 16.54% and a net margin of 6.70%.The business’s quarterly revenue was down 1.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.14 EPS. Equities analysts predict that NIKE, Inc. will post 1.75 EPS for the current fiscal year.

NIKE Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Monday, June 1st were paid a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend was Monday, June 1st. NIKE’s dividend payout ratio (DPR) is presently 78.47%.

Insider Activity at NIKE In other news, EVP Philip Mccartney sold 17,398 shares of the firm’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $46.18, for a total value of $803,439.64. Following the completion of the sale, the executive vice president owned 53,133 shares in the company, valued at approximately $2,453,681.94. This trade represents a 24.67% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 1.10% of the company’s stock.

Analyst Upgrades and Downgrades NKE has been the topic of several recent research reports. China Renaissance reduced their price target on NIKE from $74.60 to $50.30 and set a “hold” rating on the stock in a research report on Thursday, April 2nd. Sanford C. Bernstein set a $72.00 price objective on NIKE and gave the company an “outperform” rating in a research report on Wednesday, July 1st. Jefferies Financial Group dropped their price objective on NIKE from $90.00 to $75.00 and set a “buy” rating for the company in a research note on Wednesday, July 1st. Williams Trading decreased their target price on shares of NIKE from $80.00 to $57.00 and set a “buy” rating on the stock in a research note on Wednesday, April 1st. Finally, BTIG Research reiterated a “buy” rating and set a $55.00 price target on shares of NIKE in a report on Wednesday, July 1st. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, nineteen have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $54.80.

Read Our Latest Report on NKE

About NIKE (Free Report)

Nike, Inc (NYSE: NKE) is a global designer, marketer and distributor of athletic footwear, apparel, equipment and accessories. Founded in 1964 as Blue Ribbon Sports by Phil Knight and Bill Bowerman and renamed Nike in 1971, the company is headquartered near Beaverton, Oregon. Nike develops and commercializes products across performance and lifestyle categories for sports including running, basketball, soccer and training, and is known for signature technologies and design-driven product lines.

The company markets products under several primary brands, including Nike, Jordan and Converse, and sells through a combination of wholesale relationships, branded retail stores and direct-to-consumer channels such as company-operated stores and digital platforms (e.g., Nike.com and mobile apps).

Featured Articles Five stocks we like better than NIKE The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding NKE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NIKE, Inc. (NYSE:NKE – Free Report).

Receive News & Ratings for NIKE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NIKE and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEAmova Asset Management Americas Inc. Buys 73,607 Shares of Alibaba Group Holding Limited $BABA

NEXT HEADLINE »AlTi Global Inc. Boosts Holdings in Global X Defense Tech ETF $SHLD

VistaShares Artificial Intelligence Supercycle ETF offers differentiated AI infrastructure exposure by actively targeting supply chain components, not just dominant GPU names like NVIDIA. AIS's Bill of Materials approach yields less concentration—top 10 at 44%—with SK Hynix and Micron jointly at 16% and NVIDIA at just 2%. I see a 12-month price target of $93 (33% upside from ~$70), supported by hyperscaler AI capex forecasts exceeding $600 billion in 2026.

Punters on the prediction platform Polymarket still expect Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) to end July as the world's most valuable company, even after a wobble that briefly cost it the crown.

Traders put the chipmaker's chances at 70%, well ahead of Apple Inc (NASDAQ:AAPL, XETRA:APC) on 29%, with Alphabet Inc (NASDAQ:GOOG), Tesla Inc (NASDAQ:TSLA) and the rest of big tech trailing at less than 2% each.

The market has swung sharply this month.

Nvidia's odds have slid 18 points in recent trading, with Apple gaining the same amount, as a sell-off in semiconductor and AI stocks reshuffled the rankings.

The shift followed a dramatic session late last week.

Apple, worth about $4.8 trillion, briefly overtook Nvidia on $4.92 trillion during Friday trading, reclaiming the top spot for the first time since April 2025.

Nvidia shares fell almost 4% at the open before paring losses, as investors questioned whether the vast sums poured into AI infrastructure will pay off.

Those doubts have intensified as OpenAI and Anthropic, two of the most valuable private companies ever, filed to go public.

Nvidia had led the global rankings since June 2025 and in October became the first company to cross $5 trillion.

Apple, by contrast, has been the standout performer of the so-called Magnificent Seven this year, up more than 22%, helped by a warm reception for its redesigned Siri voice assistant.

Its relatively light spending on AI has ironically become a strength as the chip trade unwinds.

The contest remains close, with barely $1 trillion separating the pair at times on Friday.

Volumes on the Polymarket contract have topped $3.1 million, underlining the interest in a rivalry that has come to symbolise the wider debate over AI valuations.

Both companies remain within touching distance of the $5 trillion mark.

Nvidia (NVDA +0.25%) has held the position as the world's biggest company since about a year ago, when it became the first to reach $4 trillion in market value. It soared past former leaders Apple (AAPL 2.11%) and Microsoft. But in recent days, Apple, which hasn't climbed as much as its peers during the artificial intelligence (AI) boom, has been making a comeback.

And on July 17, Apple even slipped ahead of Nvidia to become -- at least for part of the trading session -- the world's biggest company. By the end of the day, though, Nvidia returned to the lead with a value of $4.9 trillion. That's compared to $4.89 trillion for Apple.

As these tech giants vie for the position as the world's biggest company, which is the better buy now? Let's find out.

Image source: Getty Images.

Nvidia stock has soared more than 300% over the past three years amid excitement about its position in the AI market. The company is the No. 1 designer of graphic processing units (GPUs), the chips used to power AI development and use. This strength, along with Nvidia's full portfolio of related products and services, has generated double- and triple-digit earnings growth in recent years.

Today's Change

(

0.25

%) $

0.51

Current Price

$

203.32

For example, in the recent quarter, Nvidia's revenue surged 85% to more than $81 billion, and this was at a high level of profitability on sales, as we can see through the company's gross margin -- that figure has exceeded 70% quarter after quarter.

Nvidia focuses on innovation, pledging to update its GPUs on an annual basis, and this has helped it stay ahead. The company has also steadily expanded its reach in order to make it the key place to go for anything AI. In the latest quarter, Nvidia announced the upcoming release of its first stand-alone central processing unit (CPU), a move that opens the door to a $200 billion market.

Investors have piled into Nvidia's stock in recent years, understanding that an investment in this company should put them on track to benefit from the AI revolution.

The case for Apple Apple shares have advanced -- but not as much as those of Nvidia. Over the past three years, Apple has climbed about 70%. The company has been slower to invest in and apply AI than many of its peers -- for example, it only began rolling out AI features across its devices in the fall of 2024, and the rollout continues. So, investors aiming to get in on potential AI leaders turned away from Apple and chose companies that were investing more aggressively in the space.

Today's Change

(

-2.11

%) $

-7.05

Current Price

$

326.69

This trend, however, hasn't hurt Apple's earnings growth. In fact, the company has proven itself to be a player investors can count on for progress in this area. Apple has a fantastic moat, or competitive advantage, and this is its brand -- customers love the iPhone and won't easily switch to another. In the first quarter, the iPhone 17 was the world's top-selling smartphone, according to Counterpoint Research.

Apple also is benefiting from its sales of services, with services revenue reaching records quarter after quarter. After building up more than 2.5 billion active devices over the years, Apple now can count on these devices for recurrent revenue. When customers sign up for digital entertainment or storage, for example, this represents a regular stream of income for the company.

Today, investors may be turning to Apple as they recognize these strengths and as they seek an alternative to companies heavily exposed to AI.

The better buy? Nvidia and Apple have proven their earnings strength and leadership over time. So either makes a solid long-term investment. But if you could only choose one to buy right now, which one should you go for?

Nvidia clearly beats Apple when it comes to valuation, as we can see in the chart below.

NVDA PE Ratio (Forward) data by YCharts

At these levels, the chip giant looks dirt cheap, particularly considering the AI empire it's built and its long-term prospects in the field. It's important to note that even if AI stocks slump temporarily, the AI story remains strong, with the technology already put to use in many areas.

So now is a fantastic moment to get in on Nvidia at these levels. That said, cautious investors who aim to avoid any AI turbulence still may prefer picking up Apple shares, as even at today's level, the stock has room to run.

Tuesday, 3M reported better-than-expected second-quarter earnings and raised its full year financial outlook.

Posted by Defense World Staff on Jul 21st, 2026

Amova Asset Management Americas Inc. grew its stake in shares of Netflix, Inc. (NASDAQ:NFLX – Free Report) by 39.9% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 186,356 shares of the Internet television network’s stock after buying an additional 53,176 shares during the period. Amova Asset Management Americas Inc.’s holdings in Netflix were worth $17,918,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in NFLX. Brighton Jones LLC increased its position in Netflix by 5.0% in the fourth quarter. Brighton Jones LLC now owns 5,390 shares of the Internet television network’s stock worth $4,804,000 after purchasing an additional 257 shares during the period. Revolve Wealth Partners LLC grew its holdings in Netflix by 16.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 1,023 shares of the Internet television network’s stock worth $912,000 after acquiring an additional 144 shares during the period. Sivia Capital Partners LLC raised its position in shares of Netflix by 21.2% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,406 shares of the Internet television network’s stock valued at $1,883,000 after acquiring an additional 246 shares during the last quarter. Strategic Investment Advisors MI boosted its holdings in Netflix by 18.9% during the second quarter. Strategic Investment Advisors MI now owns 774 shares of the Internet television network’s stock worth $1,036,000 after buying an additional 123 shares during the last quarter. Finally, Schnieders Capital Management LLC. boosted its stake in Netflix by 12.1% during the 2nd quarter. Schnieders Capital Management LLC. now owns 2,115 shares of the Internet television network’s stock worth $2,832,000 after acquiring an additional 228 shares during the last quarter. Institutional investors own 80.93% of the company’s stock.

More Netflix News Here are the key news stories impacting Netflix this week:

Positive Sentiment: Phillip Securities upgraded Netflix to Buy and set a $110 target, arguing that engagement shows “no signs of slowing” despite the selloff. Netflix Stock Forecast Gets Hiked from Hold to Buy as Analyst Sees ‘No Signs of Slowing Engagement’ Positive Sentiment: Several bullish commentaries say the post-earnings drop may have created a buy-the-dip opportunity, pointing to Netflix’s scale, ad growth, and possible upside if management executes. Netflix Crashes to a 52-Week Low After Earnings. Why This Is the Best Time to Buy NFLX Stock. Neutral Sentiment: Netflix is pushing employees toward “AI fluency,” which signals a broader effort to use artificial intelligence internally, but the near-term stock impact is unclear. Netflix’s top product exec says all employees should have an ‘aspiration for AI fluency’ Negative Sentiment: Recent earnings coverage highlights a revenue miss, weaker Q3 outlook, and concerns that growth is slowing, which helped drive the stock to fresh lows. Netflix’s Post-Earnings Crash: Should You Buy the Stock While It’s Below $70? Negative Sentiment: Multiple analysts have cut price targets or turned cautious, reinforcing the market’s concern that Netflix’s growth narrative is weakening. Why Is Netflix Stock Falling Monday? Insider Buying and Selling In related news, CEO Theodore A. Sarandos sold 27,312 shares of Netflix stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $87.97, for a total value of $2,402,636.64. Following the transaction, the chief executive officer directly owned 284,804 shares of the company’s stock, valued at $25,054,207.88. The trade was a 8.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Bradford L. Smith sold 35,990 shares of the business’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $77.52, for a total transaction of $2,789,944.80. Following the completion of the transaction, the director owned 79,690 shares in the company, valued at $6,177,568.80. This trade represents a 31.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 899,839 shares of company stock valued at $80,141,661 over the last 90 days. 1.24% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades NFLX has been the subject of several recent analyst reports. Weiss Ratings downgraded Netflix from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, June 26th. Wolfe Research reissued an “outperform” rating and issued a $107.00 target price on shares of Netflix in a research report on Friday, April 17th. Wedbush lowered their target price on Netflix from $118.00 to $105.00 and set an “outperform” rating on the stock in a research report on Friday. New Street Research lifted their price objective on shares of Netflix from $96.00 to $102.00 in a research report on Friday, April 17th. Finally, Stephens initiated coverage on Netflix in a research note on Friday. They issued an “overweight” rating on the stock. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, seventeen have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $104.21.

Get Our Latest Report on NFLX

Netflix Stock Performance Netflix stock opened at $67.60 on Tuesday. The business has a 50 day moving average of $79.80 and a 200-day moving average of $86.67. Netflix, Inc. has a 1 year low of $65.08 and a 1 year high of $126.71. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.14 and a quick ratio of 1.41. The company has a market capitalization of $284.65 billion, a P/E ratio of 21.28, a P/E/G ratio of 0.88 and a beta of 1.52.

Netflix (NASDAQ:NFLX – Get Free Report) last posted its earnings results on Thursday, July 16th. The Internet television network reported $0.80 EPS for the quarter, topping the consensus estimate of $0.79 by $0.01. Netflix had a net margin of 28.22% and a return on equity of 40.02%. The business had revenue of $12.56 billion for the quarter, compared to the consensus estimate of $12.58 billion. During the same period last year, the company earned $0.72 EPS. The firm’s revenue was up 13.4% compared to the same quarter last year. On average, equities research analysts predict that Netflix, Inc. will post 3.6 earnings per share for the current year.

Netflix Company Profile (Free Report)

Netflix, Inc (NASDAQ: NFLX) is a global entertainment company that provides subscription-based streaming of films, television series, documentaries and other video content. Founded in 1997 by Reed Hastings and Marc Randolph and headquartered in Los Gatos, California, the company began as a DVD-by-mail rental service and introduced streaming video in 2007. Netflix later expanded into producing and distributing original programming, beginning notable original hits in the 2010s, and now operates a content production and distribution ecosystem alongside its licensing activity.

The company’s primary product is its on-demand streaming service, which can be accessed on a wide range of internet-connected devices and delivered through a suite of apps and web platforms.

Featured Stories Five stocks we like better than Netflix The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story

Receive News & Ratings for Netflix Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Netflix and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEAmerican Airlines Group (AAL) to Post Earnings on Thursday

NEXT HEADLINE »Amova Asset Management Americas Inc. Sells 352,593 Shares of Adaptive Biotechnologies Corporation $ADPT

Posted by Defense World Staff on Jul 21st, 2026

Andra AP fonden grew its position in shares of Mastercard Incorporated (NYSE:MA – Free Report) by 10.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 139,489 shares of the credit services provider’s stock after buying an additional 13,428 shares during the period. Mastercard accounts for 0.9% of Andra AP fonden’s investment portfolio, making the stock its 13th largest position. Andra AP fonden’s holdings in Mastercard were worth $69,697,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. E Fund Management Hong Kong Co. Ltd. grew its stake in Mastercard by 820.0% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 46 shares of the credit services provider’s stock valued at $26,000 after acquiring an additional 41 shares in the last quarter. Strive Financial Group LLC purchased a new stake in Mastercard in the fourth quarter valued at approximately $27,000. Hyposwiss Advisors SA bought a new stake in Mastercard during the fourth quarter valued at approximately $29,000. First Pacific Financial lifted its position in Mastercard by 113.8% during the first quarter. First Pacific Financial now owns 62 shares of the credit services provider’s stock valued at $31,000 after purchasing an additional 33 shares during the last quarter. Finally, Bay Harbor Wealth Management LLC grew its position in Mastercard by 54.1% in the fourth quarter. Bay Harbor Wealth Management LLC now owns 57 shares of the credit services provider’s stock worth $33,000 after acquiring an additional 20 shares in the last quarter. 97.28% of the stock is owned by hedge funds and other institutional investors.

Mastercard Price Performance MA opened at $547.58 on Tuesday. The company has a debt-to-equity ratio of 2.56, a quick ratio of 0.98 and a current ratio of 0.98. The stock has a market capitalization of $483.83 billion, a PE ratio of 31.69, a price-to-earnings-growth ratio of 1.70 and a beta of 0.73. The stock’s 50 day moving average price is $504.99 and its 200-day moving average price is $515.59. Mastercard Incorporated has a 52-week low of $464.52 and a 52-week high of $601.77.

Mastercard (NYSE:MA – Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The credit services provider reported $4.60 EPS for the quarter, topping analysts’ consensus estimates of $4.41 by $0.19. The company had revenue of $8.40 billion during the quarter, compared to analyst estimates of $8.26 billion. Mastercard had a return on equity of 212.96% and a net margin of 45.88%.The firm’s revenue was up 15.8% on a year-over-year basis. During the same quarter last year, the firm posted $3.73 earnings per share. On average, equities research analysts predict that Mastercard Incorporated will post 19.62 EPS for the current year.

Mastercard Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Friday, August 7th. Investors of record on Thursday, July 9th will be paid a $0.87 dividend. This represents a $3.48 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Thursday, July 9th. Mastercard’s dividend payout ratio is presently 20.14%.

Wall Street Analysts Forecast Growth MA has been the topic of a number of research reports. Royal Bank Of Canada decreased their price objective on Mastercard from $656.00 to $629.00 and set an “outperform” rating on the stock in a report on Friday, May 1st. Barclays started coverage on shares of Mastercard in a research report on Wednesday, July 8th. They issued an “overweight” rating and a $640.00 target price on the stock. BMO Capital Markets initiated coverage on Mastercard in a research note on Tuesday, April 21st. They set an “outperform” rating and a $605.00 price objective on the stock. Susquehanna reduced their price target on Mastercard from $670.00 to $665.00 and set a “positive” rating on the stock in a research report on Friday, May 1st. Finally, Piper Sandler started coverage on Mastercard in a research note on Monday, June 29th. They issued an “overweight” rating and a $597.00 price target on the stock. Eight equities research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $653.92.

Check Out Our Latest Stock Analysis on MA

Insider Activity In other Mastercard news, insider Sandra A. Arkell sold 200 shares of the company’s stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $540.00, for a total transaction of $108,000.00. Following the transaction, the insider owned 3,322 shares in the company, valued at approximately $1,793,880. This represents a 5.68% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Raj Seshadri sold 1,977 shares of the stock in a transaction that occurred on Thursday, July 2nd. The stock was sold at an average price of $529.73, for a total value of $1,047,276.21. Following the completion of the transaction, the insider directly owned 16,429 shares of the company’s stock, valued at $8,702,934.17. This represents a 10.74% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 7,005 shares of company stock valued at $3,689,976 over the last 90 days. 0.09% of the stock is currently owned by company insiders.

Mastercard Company Profile (Free Report)

Mastercard Incorporated is a global payments technology company that operates a network connecting consumers, financial institutions, merchants, governments and businesses in more than 200 countries and territories. The company facilitates electronic payments and transaction processing for credit, debit and prepaid card products carrying the Mastercard brand, while also providing a range of payment-related services to issuers, acquirers and merchants. Its technology and network enable authorization, clearing and settlement of payments and support a broad set of use cases including point-of-sale, e-commerce and mobile payments.

Beyond core transaction processing, Mastercard offers a suite of value-added services such as fraud and risk management, identity and authentication tools, tokenization and digital wallet support, cross-border and commercial payment solutions, and data analytics and consulting services for merchants and financial partners.

Featured Articles Five stocks we like better than Mastercard The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding MA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mastercard Incorporated (NYSE:MA – Free Report).

Receive News & Ratings for Mastercard Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mastercard and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEAndar Capital Management HK Ltd Buys New Stake in nLight $LASR

NEXT HEADLINE »Tower Semiconductor Ltd. $TSEM Shares Acquired by Andar Capital Management HK Ltd

Posted by Defense World Staff on Jul 21st, 2026

Andra AP fonden grew its position in Bank of America Corporation (NYSE:BAC – Free Report) by 151.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 815,018 shares of the financial services provider’s stock after buying an additional 490,801 shares during the quarter. Andra AP fonden’s holdings in Bank of America were worth $39,732,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in BAC. Money Concepts Capital Corp boosted its position in Bank of America by 3.8% during the 4th quarter. Money Concepts Capital Corp now owns 4,964 shares of the financial services provider’s stock valued at $273,000 after acquiring an additional 182 shares in the last quarter. Operose Advisors LLC lifted its stake in shares of Bank of America by 0.9% during the 4th quarter. Operose Advisors LLC now owns 20,409 shares of the financial services provider’s stock worth $1,123,000 after purchasing an additional 185 shares during the last quarter. Asahi Life Asset Management CO. LTD. boosted its position in Bank of America by 1.0% during the fourth quarter. Asahi Life Asset Management CO. LTD. now owns 19,847 shares of the financial services provider’s stock valued at $1,092,000 after purchasing an additional 187 shares in the last quarter. GatePass Capital LLC grew its stake in Bank of America by 3.6% in the first quarter. GatePass Capital LLC now owns 5,451 shares of the financial services provider’s stock valued at $266,000 after purchasing an additional 190 shares during the last quarter. Finally, GeoWealth Management LLC raised its holdings in Bank of America by 0.3% in the fourth quarter. GeoWealth Management LLC now owns 61,597 shares of the financial services provider’s stock worth $3,388,000 after purchasing an additional 191 shares in the last quarter. Hedge funds and other institutional investors own 70.71% of the company’s stock.

Bank of America News Roundup Here are the key news stories impacting Bank of America this week:

Positive Sentiment: Bank of America’s analysts are still finding opportunities across financials and related sectors, with recent notes highlighting attractive valuations, net interest margin upside at regional banks, and other potential buying opportunities. That reinforces a constructive view on BAC and the broader bank group. Article: Citizens Financial Group: Buy Rating Backed by Attractive Valuation, Above-Peer Growth and Net Interest Margin Upside Positive Sentiment: Bank of America is also leaning into growth areas like AI and digital assets, promoting executives to lead its AI transformation and crypto efforts. Investors may see that as evidence the bank is investing for long-term efficiency and new revenue streams. Article: Bank of America Promotes Execs to Champion AI and Crypto Neutral Sentiment: Several headlines reflect broad market and macro themes, including inflation expectations, Fed policy debates, and bank earnings commentary. These are more relevant to sector sentiment than to a direct BAC-specific catalyst. Article: Bond Traders Take Warsh at Word, See Inflation Fight Continuing Neutral Sentiment: Bank of America’s own recent dividend declarations on preferred shares are routine capital-return updates and are unlikely to move the common stock meaningfully on their own. Article: Bank of America Corporation 5.375 DEP PFD KK declares $0.3359 dividend Negative Sentiment: Macro uncertainty around Fed policy and inflation could keep pressure on bank valuation multiples if rate-cut expectations fade or markets price in a more restrictive policy path. That is a risk for BAC even if its fundamentals remain solid. Article: Could Warsh Break a 56-Year Fed Rate-Hike Streak? Wall Street Analysts Forecast Growth A number of analysts have recently weighed in on the stock. Truist Financial raised their price target on shares of Bank of America from $64.00 to $65.00 and gave the company a “buy” rating in a report on Wednesday, July 15th. The Goldman Sachs Group increased their target price on shares of Bank of America from $58.00 to $63.00 and gave the company a “buy” rating in a research report on Thursday, April 16th. Weiss Ratings restated a “buy (b)” rating on shares of Bank of America in a research note on Friday, April 24th. Keefe, Bruyette & Woods lifted their price target on shares of Bank of America from $67.00 to $70.00 and gave the stock an “outperform” rating in a report on Wednesday, July 15th. Finally, Daiwa Securities Group increased their price objective on Bank of America from $58.00 to $61.00 and gave the company an “overweight” rating in a report on Tuesday, April 28th. Twenty-one equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $63.77.

Get Our Latest Research Report on BAC

Bank of America Trading Down 1.4% NYSE BAC opened at $60.41 on Tuesday. Bank of America Corporation has a 12-month low of $44.75 and a 12-month high of $62.12. The company has a fifty day simple moving average of $55.50 and a two-hundred day simple moving average of $53.17. The company has a current ratio of 0.83, a quick ratio of 0.82 and a debt-to-equity ratio of 1.23. The stock has a market cap of $428.70 billion, a P/E ratio of 13.86, a P/E/G ratio of 0.98 and a beta of 1.17.

Bank of America (NYSE:BAC – Get Free Report) last released its earnings results on Tuesday, July 14th. The financial services provider reported $1.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.13 by $0.08. Bank of America had a return on equity of 12.20% and a net margin of 17.56%.The firm had revenue of $8.08 billion for the quarter, compared to the consensus estimate of $30.78 billion. During the same period in the prior year, the firm earned $0.89 EPS. The firm’s revenue was up 19.6% on a year-over-year basis. On average, analysts forecast that Bank of America Corporation will post 4.64 earnings per share for the current year.

Bank of America Announces Dividend The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Friday, June 5th were given a $0.28 dividend. The ex-dividend date was Friday, June 5th. This represents a $1.12 dividend on an annualized basis and a yield of 1.9%. Bank of America’s dividend payout ratio is currently 25.69%.

Insider Buying and Selling In related news, insider Geoffrey S. Greener sold 126,756 shares of the stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $53.01, for a total value of $6,719,335.56. Following the transaction, the insider owned 1,373,397 shares in the company, valued at approximately $72,803,774.97. This represents a 8.45% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.27% of the stock is currently owned by corporate insiders.

About Bank of America (Free Report)

Bank of America Corporation is a multinational financial services company headquartered in Charlotte, North Carolina. It provides a broad array of banking, investment, asset management and related financial and risk management products and services to individual consumers, small- and middle-market businesses, large corporations, governments and institutional investors. The firm operates through consumer banking, global wealth and investment management, global banking and markets businesses, offering capabilities across lending, deposits, payments, advisory and capital markets.

Its consumer-facing offerings include checking and savings accounts, mortgages, home equity lending, auto loans, credit cards and small business banking, supported by a nationwide branch network and digital channels.

Recommended Stories Five stocks we like better than Bank of America The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story

Receive News & Ratings for Bank of America Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank of America and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEAndra AP fonden Makes New $46.60 Million Investment in Astrazeneca Plc $AZN

NEXT HEADLINE »Andra AP fonden Reduces Position in Lam Research Corporation $LRCX

Posted by Defense World Staff on Jul 21st, 2026

Andra AP fonden increased its stake in shares of The Walt Disney Company (NYSE:DIS – Free Report) by 3.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 307,920 shares of the entertainment giant’s stock after purchasing an additional 9,920 shares during the quarter. Andra AP fonden’s holdings in Walt Disney were worth $29,677,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. J. Stern & Co. LLP raised its position in Walt Disney by 9,060.1% in the fourth quarter. J. Stern & Co. LLP now owns 38,135,363 shares of the entertainment giant’s stock worth $4,338,660,000 after acquiring an additional 37,719,041 shares in the last quarter. Norges Bank acquired a new stake in shares of Walt Disney in the fourth quarter valued at about $2,388,278,000. Viking Global Investors LP purchased a new stake in Walt Disney during the second quarter worth about $725,219,000. Price T Rowe Associates Inc. MD boosted its holdings in Walt Disney by 62.5% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 13,876,878 shares of the entertainment giant’s stock worth $1,578,773,000 after buying an additional 5,334,866 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its position in Walt Disney by 37.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 12,569,185 shares of the entertainment giant’s stock worth $1,429,996,000 after buying an additional 3,450,198 shares during the period. 65.71% of the stock is owned by institutional investors and hedge funds.

More Walt Disney News Here are the key news stories impacting Walt Disney this week:

Positive Sentiment: UBS expects Disney to beat third-quarter earnings estimates, with revenue and operating income trends supported by stronger experiences and entertainment results, and says the company can likely keep its fiscal 2026 guidance. Disney Poised for Third-Quarter Earnings Beat on Experiences, Entertainment Strength, UBS Says Positive Sentiment: Another pre-earnings note highlighted improving earnings growth as first-half headwinds fade, with analysts looking for Disney’s parks business and streaming margins to remain key drivers. Disney streaming margins and parks business in focus ahead of earnings Neutral Sentiment: UBS lowered its price target to $133 from $138 but kept a buy rating, suggesting the firm still sees meaningful upside even after trimming its valuation view. Walt Disney (DIS) PT Lowered to $133 at UBS Neutral Sentiment: Several other articles were more thematic or consumer-interest oriented, including Disney-themed merchandise, travel, and fan-content pieces, which are unlikely to move the stock on their own. Hallmark Unveils Disney World Christmas Collection Inspired by Upcoming Holiday Movie Negative Sentiment: Disney remains in a pre-earnings wait-and-see phase, with investors still focused on whether results will justify the recent pullback in the shares and offset lingering concerns around execution in media and content. What You Need To Know Ahead of Walt Disney’s Earnings Release Walt Disney Stock Down 1.3% Shares of NYSE:DIS opened at $96.39 on Tuesday. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.33. The company has a market capitalization of $167.38 billion, a P/E ratio of 15.40, a P/E/G ratio of 1.23 and a beta of 1.39. The Walt Disney Company has a 52-week low of $92.18 and a 52-week high of $123.40. The stock’s fifty day simple moving average is $100.50 and its 200-day simple moving average is $103.34.

Walt Disney (NYSE:DIS – Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The entertainment giant reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $1.49 by $0.08. The business had revenue of $25.17 billion during the quarter, compared to the consensus estimate of $24.87 billion. Walt Disney had a net margin of 11.54% and a return on equity of 8.92%. The company’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.45 earnings per share. Walt Disney has set its FY 2026 guidance at 6.640-6.640 EPS. As a group, equities research analysts forecast that The Walt Disney Company will post 6.85 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades A number of research firms have recently issued reports on DIS. Benchmark reiterated a “buy” rating on shares of Walt Disney in a research report on Monday. Rosenblatt Securities reaffirmed a “buy” rating and issued a $126.00 price objective on shares of Walt Disney in a research note on Tuesday, July 7th. Phillip Securities upgraded Walt Disney from a “moderate buy” rating to a “strong-buy” rating in a research report on Monday, May 11th. UBS Group lowered their target price on Walt Disney from $138.00 to $133.00 and set a “buy” rating on the stock in a report on Monday. Finally, Needham & Company LLC restated a “buy” rating and issued a $125.00 price target on shares of Walt Disney in a research report on Friday, June 12th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $129.00.

Read Our Latest Report on DIS

Walt Disney Profile (Free Report)

The Walt Disney Company (NYSE: DIS), commonly known as Disney, is a diversified global entertainment and media conglomerate headquartered in Burbank, California. Founded in 1923 by Walt and Roy O. Disney, the company grew from an animation studio into a multi‑national entertainment enterprise known for iconic intellectual property and family‑oriented storytelling. Disney’s operations span film and television production, streaming services, theme parks and resorts, consumer products, and live entertainment.

On the content side, Disney produces and distributes feature films and television programming through a portfolio of studios and labels that includes Walt Disney Pictures, Pixar, Marvel Studios, Lucasfilm and 20th Century Studios, along with broadcast and cable networks such as ABC, FX and National Geographic.

Read More Five stocks we like better than Walt Disney The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story

Receive News & Ratings for Walt Disney Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walt Disney and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEAndra AP fonden Has $24.08 Million Position in Kinross Gold Corporation $KGC

NEXT HEADLINE »Andra AP fonden Acquires 14,360 Shares of The Sherwin-Williams Company $SHW

Posted by Defense World Staff on Jul 21st, 2026

Allspring Global Investments Holdings LLC raised its holdings in Target Corporation (NYSE:TGT – Free Report) by 43.1% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 170,981 shares of the retailer’s stock after acquiring an additional 51,477 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Target were worth $20,595,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Winning Points Advisors LLC bought a new stake in shares of Target in the 4th quarter valued at about $611,000. Franklin Resources Inc. grew its holdings in Target by 2.4% during the fourth quarter. Franklin Resources Inc. now owns 6,194,448 shares of the retailer’s stock worth $605,507,000 after purchasing an additional 142,937 shares during the period. Bogart Wealth LLC grew its holdings in Target by 41.8% during the first quarter. Bogart Wealth LLC now owns 111,001 shares of the retailer’s stock worth $13,453,000 after purchasing an additional 32,746 shares during the period. Munich Reinsurance Co Stock Corp in Munich acquired a new position in Target during the first quarter worth approximately $6,686,000. Finally, Mather Group LLC. raised its stake in Target by 7.5% in the fourth quarter. Mather Group LLC. now owns 155,222 shares of the retailer’s stock valued at $15,173,000 after buying an additional 10,839 shares during the period. Institutional investors and hedge funds own 79.73% of the company’s stock.

Insider Buying and Selling In other news, insider Cara A. Sylvester sold 10,000 shares of the business’s stock in a transaction on Friday, May 29th. The stock was sold at an average price of $125.89, for a total transaction of $1,258,900.00. Following the completion of the transaction, the insider owned 45,930 shares of the company’s stock, valued at approximately $5,782,127.70. The trade was a 17.88% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.13% of the stock is currently owned by corporate insiders.

Target Stock Performance Shares of NYSE TGT opened at $139.63 on Tuesday. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.93 and a quick ratio of 0.30. The firm has a market cap of $63.42 billion, a price-to-earnings ratio of 18.45, a P/E/G ratio of 2.73 and a beta of 0.98. The stock’s fifty day moving average price is $129.77 and its two-hundred day moving average price is $120.88. Target Corporation has a one year low of $83.44 and a one year high of $144.40.

Target (NYSE:TGT – Get Free Report) last released its quarterly earnings results on Wednesday, May 20th. The retailer reported $1.71 EPS for the quarter, beating the consensus estimate of $1.47 by $0.24. Target had a net margin of 3.24% and a return on equity of 22.92%. The business had revenue of $25.44 billion for the quarter, compared to the consensus estimate of $24.66 billion. During the same period in the prior year, the company posted $1.30 earnings per share. Target’s revenue was up 6.7% compared to the same quarter last year. Target has set its FY 2026 guidance at 7.500-8.500 EPS. On average, equities analysts forecast that Target Corporation will post 8.35 EPS for the current year.

Target Increases Dividend The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Wednesday, August 12th will be paid a $1.16 dividend. This represents a $4.64 dividend on an annualized basis and a yield of 3.3%. This is a positive change from Target’s previous quarterly dividend of $1.14. The ex-dividend date of this dividend is Wednesday, August 12th. Target’s payout ratio is 60.24%.

Analyst Upgrades and Downgrades TGT has been the subject of a number of recent analyst reports. Freedom Capital cut Target from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 20th. Evercore set a $130.00 price target on Target in a research note on Monday, May 18th. Citigroup raised their price target on Target from $117.00 to $133.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of Target in a research report on Monday, June 15th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $123.00 price objective on shares of Target in a report on Friday, May 15th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, seventeen have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, Target currently has a consensus rating of “Hold” and a consensus price target of $132.15.

Get Our Latest Report on Target

About Target (Free Report)

Target Corporation (NYSE: TGT) is a U.S.-based general merchandise retailer headquartered in Minneapolis, Minnesota. The company operates a network of full-line and small-format stores across the United States alongside a national e-commerce platform and mobile app. Target’s retail assortment spans apparel, home goods, electronics, groceries and household essentials, plus beauty, baby and pet categories. The firm complements national brands with a portfolio of owned and exclusive labels and partnerships that help differentiate its merchandise assortment.

Target traces its roots to the Dayton Company, founded by George Dayton in 1902; the Target discount chain was launched in 1962 and the parent company later adopted the Target Corporation name.

Recommended Stories Five stocks we like better than Target The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding TGT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Target Corporation (NYSE:TGT – Free Report).

Receive News & Ratings for Target Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Target and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEAlpha Zero LLC Takes $1.24 Million Position in iShares Ultra Short-Term Bond Active ETF $ICSH

NEXT HEADLINE »iShares Short Treasury Bond ETF $SHV Shares Bought by Alpha Zero LLC

, /PRNewswire/ -- General Motors (NYSE: GM) today reported second-quarter 2026 revenue of $48.0 billion, net income attributable to stockholders of $1.3 billion, and EBIT-adjusted of $3.9 billion.

The company is raising its full-year 2026 EBIT-adjusted guidance for the second time this year. The company expects net income attributable to stockholders to be $8.4 billion to $9.8 billion; Automotive operating cash flow to be $15.4 billion to $19.4 billion; and EPS-diluted to be $8.98 to $10.98 based on its updated guidance and the impact of adjustments recorded year to date. These expected financial results do not include the potential impact of future adjustments related to special items.

The table below shows the revised guidance and how it compares to prior guidance.

Updated 2026 guidance

Previous 2026 guidance

EBIT-adjusted

$14.0 billion - $16.0 billion

$13.5 billion - $15.5 billion

Adjusted automotive free cash flow     

$9.5 billion - $11.5 billion

$9.0 billion - $11.0 billion

EPS-diluted-adjusted

$12.00 - $14.00

$11.50 - $13.50

GM announced today that its Board of Directors has declared a quarterly cash dividend on the company's outstanding common stock of $0.18 per share, payable September 17, 2026, to holders of the company's common stock at the close of trading on September 4, 2026.

An overview of quarterly results and financial highlights appears below. Visit the GM Investor Relations website to download the company's earnings deck and GM Chair and CEO Mary Barra's Letter to Shareholders.

Conference call for investors and analysts

Mary Barra and GM Chief Financial Officer Paul Jacobson will host a conference call for the investment community at 8:30 a.m. ET today to discuss these results.

Conference call details are as follows:

1-800-857-9821 (U.S.) 1-517-308-9481 (international/caller-paid) Conference call passcode: General Motors An audio replay will be available on the GM Investor Relations website in the Events section. Results Overview

Three Months Ended

($M) except per share amounts

June 30, 2026

June 30, 2025

Change

% Change

Revenue

$    48,026

$    47,122

$        904

1.9 %

Net income (loss) attributable to stockholders

$     1,305

$     1,895

$       (590)

(31.1) %

EBIT-adjusted

$     3,943

$     3,037

$        906

29.8 %

Net income margin

2.7 %

4.0 %

(1.3) ppts

(32.5) %

EBIT-adjusted margin

8.2 %

6.4 %

1.8 ppts

28.1 %

Automotive operating cash flow

$     5,071

$     4,653

$        418

9.0 %

Adjusted automotive free cash flow

$     5,033

$     2,827

$      2,206

78.0 %

EPS-diluted

$       1.41

$       1.91

$       (0.50)

(26.0) %

EPS-diluted-adjusted

$      3.57

$      2.53

$        1.04

41.3 %

GMNA EBIT-adjusted

$     3,446

$     2,415

$       1,030

42.7 %

GMNA EBIT-adjusted margin

8.6 %

6.1 %

2.5 ppts

41.0 %

GMI EBIT-adjusted

$       190

$      204

$         (13)

(6.6) %

China equity income (loss)

$        83

$        71

$         12

16.9 %

GM Financial EBT-adjusted

$      605

$      704

$         (99)

(14.0) %

Six Months Ended

($M) except per share amounts

June 30, 2026

June 30, 2025

Change

% Change

Revenue

$    91,650

$     91,141

$        509

0.6 %

Net income (loss) attributable to stockholders

$     3,932

$     4,680

$        (747)

(16.0) %

EBIT-adjusted

$     8,196

$     6,527

$       1,669

25.6 %

Net income margin

4.3 %

5.1 %

(0.8) ppts

(15.7) %

EBIT-adjusted margin

8.9 %

7.2 %

1.7 ppts

23.6 %

Automotive operating cash flow

$     5,604

$     7,057

$      (1,453)

(20.6) %

Adjusted automotive free cash flow

$     6,302

$     3,639

$       2,663

73.2 %

EPS-diluted

$      4.25

$      5.28

$       (1.03)

(19.6) %

EPS-diluted-adjusted

$      7.27

$      5.31

$        1.96

36.9 %

GMNA EBIT-adjusted

$      7,107

$     5,702

$       1,405

24.6 %

GMNA EBIT-adjusted margin

9.3 %

7.4 %

1.9 ppts

25.7 %

GMI EBIT-adjusted

$       314

$      234

$         80

34.4 %

China equity income (loss)(a)

$      248

$       116

$        132

n.m.

GM Financial EBT-adjusted

$     1,294

$     1,389

$         (95)

(6.9) %

__________

(a)     

n.m. = not meaningful

General Motors (NYSE:GM) is driving the future of transportation, leveraging advanced technology to build safer, smarter, and lower emission cars, trucks, and SUVs. GM's Buick, Cadillac, Chevrolet, and GMC brands offer a broad portfolio of innovative gasoline-powered vehicles and the industry's widest range of EVs, as we move to an all-electric future. Learn more at GM.com.

Cautionary Note on Forward-Looking Statements: This press release and related comments by management may include "forward-looking statements" within the meaning of the U.S. federal securities laws. Forward-looking statements are any statements other than statements of historical fact and represent our current judgment about possible future events. In making these statements, we rely upon assumptions and analysis based on our experience and perception of historical trends, current conditions, and expected future developments, as well as other factors we consider appropriate under the circumstances. We believe these judgments are reasonable, but these statements are not guarantees of any future events or financial results, and our actual results may differ materially due to a variety of factors, many of which are described in our most recent Annual Report on Form 10-K and our other filings with the U.S. Securities and Exchange Commission. We caution readers not to place undue reliance on forward-looking statements. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly or otherwise revise any forward-looking statements, whether as a result of new information, future events, or other factors that affect the subject of these statements, except where we are expressly required to do so by law.

Guidance Reconciliations
The following table reconciles expected Net income attributable to stockholders to expected EBIT-adjusted (dollars in billions):

Year Ending December 31, 2026

Updated(a)

Previous

Net income attributable to stockholders

$ 8.4-9.8

$ 9.9-11.4

Income tax expense

2.2-2.8

2.6-3.1

Automotive interest (income) expense, net

(0.1)

—

Adjustments

3.5

1.0

EBIT-adjusted

$ 14.0-16.0

$ 13.5-15.5

__________

(a)     

Refer to the reconciliation of Net income (loss) attributable to stockholders to EBIT-adjusted and segment profit (loss) for adjustment details. These expected financial results do not include the potential impact of future adjustments related to special items.

The following table reconciles expected EPS-diluted to expected EPS-diluted-adjusted:

Year Ending December 31, 2026

Updated(a)

Previous

Diluted earnings per common share

$ 8.98-10.98

$ 10.62-12.62

Adjustments

3.02

0.88

EPS-diluted-adjusted

$ 12.00-14.00

$ 11.50-13.50

__________

(a)     

Refer to the reconciliation of diluted earnings per common share to EPS-diluted-adjusted for adjustment details. These expected financial results do not include the potential impact of future adjustments related to special items.

The following table reconciles expected automotive net cash provided by operating activities to expected adjusted automotive free cash flow (dollars in billions):

Year Ending December 31, 2026

Updated(a)

Previous

Net automotive cash provided by operating activities

$ 15.4-19.4

$ 16.8-20.8

Less: Capital expenditures

10.0-12.0

10.0-12.0

Adjustments

4.1

2.2

Adjusted automotive free cash flow

$ 9.5-11.5

$ 9.0-11.0

__________

(a)     

These expected financial results do not include the potential impact of future adjustments related to special items.

General Motors Company and Subsidiaries1

Combining Income Statement Information

(In millions) (Unaudited)

Three Months Ended June 30, 2026

Three Months Ended June 30, 2025

Automotive

GM
Financial

Reclassifications
/Eliminations

Combined

Automotive

Cruise

GM
Financial

Reclassifications
/Eliminations

Combined

Net sales and revenue

Automotive

$ 43,762

$     —

$                —

$ 43,762

$ 42,869

$      —

$     —

$                —

$ 42,869

GM Financial

—

4,267

(3)

4,264

—

—

4,255

(2)

4,253

Total net sales and revenue

43,762

4,267

(3)

48,026

42,869

—

4,255

(2)

47,122

Costs and expenses

Automotive and other cost of sales

40,696

—

—

40,696

39,289

—

—

(1)

39,289

GM Financial interest, operating, and
   other expenses

—

3,674

(1)

3,674

—

—

3,567

—

3,567

Automotive and other selling, general, and
   administrative expense

2,199

—

(2)

2,197

2,141

—

—

(2)

2,139

Total costs and expenses

42,896

3,674

(3)

46,567

41,431

—

3,567

(2)

44,995

Operating income (loss)

867

593

—

1,459

1,438

—

688

—

2,127

Automotive interest expense

151

—

—

151

199

—

—

(1)

198

Interest income and other non-operating
   income, net

223

—

—

223

367

—

—

(1)

366

Equity income (loss)

24

13

—

36

64

—

16

—

80

Income (loss) before income taxes

$      963

$   605

$                —

$   1,568

$   1,671

$      —

$   704

$                —

$   2,375

Income tax expense (benefit)

214

481

Net income (loss)

1,354

1,894

Net loss (income) attributable to
   noncontrolling interests

(48)

1

Net income (loss) attributable to
   stockholders

$   1,305

$   1,895

Net income (loss) attributable to
   common stockholders

$   1,287

$   1,865

Six Months Ended June 30, 2026

Six Months Ended June 30, 2025

Automotive

GM
Financial

Reclassifications
/Eliminations

Combined

Automotive

Cruise

GM
Financial

Reclassifications
/Eliminations

Combined

Net sales and revenue

Automotive

$ 83,111

$     —

$                —

$ 83,111

$ 82,729

$        1

$     —

$               —

$ 82,730

GM Financial

—

8,543

(4)

8,539

—

—

8,419

(7)

8,412

Total net sales and revenue

83,111

8,543

(4)

91,650

82,729

1

8,419

(7)

91,141

Costs and expenses

Automotive and other cost of sales

75,723

—

1

75,724

74,318

163

—

(1)

74,480

GM Financial interest, operating, and
   other expenses

—

7,276

(1)

7,275

—

—

7,058

—

7,058

Automotive and other selling, general, and
   administrative expense

4,270

—

(3)

4,266

4,016

111

—

(2)

4,124

Total costs and expenses

79,993

7,276

(4)

87,265

78,334

274

7,058

(4)

85,662

Operating income (loss)

3,118

1,267

—

4,385

4,395

(273)

1,361

(4)

5,479

Automotive interest expense

309

—

—

309

351

30

—

(30)

350

Interest income and other non-operating
   income, net

530

(1)

—

530

701

2

—

(26)

676

Equity income (loss)

282

27

—

309

114

—

28

—

142

Income (loss) before income taxes

$   3,621

$  1,294

$                —

$   4,915

$   4,859

$  (301)

$  1,389

$                —

$   5,946

Income tax expense (benefit)

856

1,199

Net income (loss)

4,058

4,747

Net loss (income) attributable to
   noncontrolling interests

(126)

(68)

Net income (loss) attributable to
   stockholders

$   3,932

$   4,680

Net income (loss) attributable to common
   stockholders

$   3,901

$   5,224

________

     1

Certain columns and rows may not add due to rounding.

The following table summarizes basic and diluted earnings per share (in millions, except per share amounts):

Three Months Ended

Six Months Ended

June 30, 2026

June 30, 2025

June 30, 2026

June 30, 2025

Basic earnings per share

Net income (loss) attributable to stockholders

$               1,305

$               1,895

$               3,932

$               4,680

Adjustments(a)

(18)

(30)

(31)

544

Net income (loss) attributable to common stockholders

$               1,287

$               1,865

$               3,901

$               5,224

Weighted-average common shares outstanding

896

963

904

976

Basic earnings per common share

$                 1.44

$                 1.94

$                 4.32

$                 5.35

Diluted earnings per share

Net income (loss) attributable to common stockholders –
   diluted

$               1,287

$               1,865

$               3,901

$               5,224

Weighted-average common shares outstanding – diluted

910

976

918

989

Diluted earnings per common share

$                 1.41

$                 1.91

$                 4.25

$                 5.28

Potentially dilutive securities(b)

—

6

—

6

__________

(a)      

Includes a $593 million return from the preferred shareholders related to the redemption of Cruise preferred shares from noncontrolling interest holders in the six months ended June 30, 2025.

(b) 

Potentially dilutive securities attributable to Performance Stock Units (PSUs) and Restricted Stock Units (RSUs) at June 30, 2026 and outstanding stock options, PSUs, and RSUs at June 30, 2025 were excluded from the computation of diluted earnings per share (EPS) because the securities would have had an antidilutive effect.

General Motors Company and Subsidiaries1

Combining Balance Sheet Information

(In millions, except per share amounts) (Unaudited)

June 30, 2026

December 31, 2025

Automotive

GM
Financial

Reclassifications
/Eliminations

Combined

Automotive

Cruise

GM
Financial

Reclassifications
/Eliminations

Combined

ASSETS

Current Assets

Cash and cash equivalents

$   15,147

$  4,987

$                 —

$   20,134

$   15,062

$      56

$  5,826

$                 —

$   20,945

Marketable debt securities

4,503

82

—

4,585

6,685

—

39

—

6,724

Accounts and notes receivable, net(a)

16,001

1,559

(790)

16,770

12,199

76

1,506

(727)

13,054

GM Financial receivables, net(b)

—

45,262

(393)

44,870

—

—

45,661

(395)

45,266

Inventories

15,955

—

(5)

15,950

14,472

—

—

(5)

14,467

Other current assets

2,767

4,929

4

7,700

3,167

9

5,130

6

8,312

Total current assets

54,374

56,818

(1,184)

110,008

51,585

141

58,162

(1,120)

108,767

Non-current Assets

GM Financial receivables, net

—

44,454

—

44,454

—

—

44,384

—

44,384

Equity in net assets of nonconsolidated affiliates

4,485

1,178

—

5,663

4,564

—

1,117

—

5,681

Property, net

53,179

138

—

53,316

51,458

99

126

—

51,683

Goodwill and intangible assets, net

2,954

1,351

—

4,305

3,018

—

1,348

—

4,366

Equipment on operating leases, net

—

32,881

—

32,881

—

—

33,686

—

33,686

Deferred income taxes

24,190

(1,547)

—

22,643

24,446

—

(1,486)

—

22,960

Other assets

7,804

1,668

—

9,472

8,226

47

1,483

—

9,756

Total non-current assets

92,612

80,121

—

172,733

91,712

147

80,658

—

172,517

Total Assets

$ 146,986

$  136,939

$           (1,184)

$ 282,742

$ 143,297

$    288

$  138,820

$           (1,120)

$ 281,284

LIABILITIES AND EQUITY

Current Liabilities

Accounts payable (principally trade)(a)

$   28,974

$     657

$             (791)

$   28,840

$   24,075

$       1

$     491

$             (649)

$   23,919

Short-term debt and current portion of long-term
     debt

Automotive(b)

907

—

(393)

514

1,120

7

—

(471)

656

GM Financial

—

36,498

—

36,498

—

—

35,012

—

35,012

Cruise

—

—

—

—

—

—

—

—

—

Accrued liabilities

26,280

4,701

—

30,982

28,956

54

4,744

—

33,754

Total current liabilities

56,162

41,856

(1,184)

96,834

54,151

63

40,248

(1,120)

93,342

Non-current Liabilities

Long-term debt

Automotive

15,465

—

—

15,465

15,522

70

—

—

15,591

GM Financial

—

75,220

—

75,220

—

—

79,018

—

79,018

Cruise

—

—

—

—

—

—

—

—

—

Postretirement benefits other than pensions

3,939

—

—

3,939

4,025

—

—

—

4,025

Pensions

4,528

13

—

4,541

4,977

—

11

—

4,988

Other liabilities

19,541

3,560

—

23,101

17,495

281

3,375

—

21,151

Total non-current liabilities

43,473

78,793

—

122,267

42,019

351

82,404

—

124,775

Total Liabilities

99,635

120,650

(1,184)

219,101

96,170

414

122,652

(1,120)

218,116

Equity

Common stock, $0.01 par value

9

—

—

9

9

—

—

—

9

Additional paid-in capital(c)

19,184

1,018

(1,017)

19,185

18,086

1,842

1,077

(1,076)

19,928

Retained earnings

36,466

16,523

1

52,990

37,024

(1,968)

16,467

1

51,524

Accumulated other comprehensive loss

(8,932)

(1,251)

—

(10,183)

(8,966)

—

(1,377)

—

(10,343)

Total stockholders' equity

46,726

16,290

(1,016)

62,000

46,153

(126)

16,167

(1,075)

61,119

Noncontrolling interests(c)

625

—

1,016

1,641

974

—

—

1,075

2,049

Total Equity

47,351

16,290

—

63,641

47,127

(126)

16,167

—

63,168

Total Liabilities and Equity

$ 146,986

$  136,939

$           (1,184)

$ 282,742

$ 143,297

$    288

$  138,820

$           (1,120)

$ 281,284

__________

(a)      

Eliminations primarily include GM Financial accounts and notes receivable of $0.6 billion due from Automotive; and Automotive accounts receivable of $0.2 billion due from GM Financial at June 30, 2026; and GM Financial accounts and notes receivable of $0.5 billion due from Automotive; and Automotive accounts receivable of $0.1 billion primarily due from GM Financial at December 31, 2025.

(b) 

Eliminations primarily related to GM Financial accounts receivable due from Automotive.

(c) 

Primarily reclassification of GM Financial Cumulative Perpetual Preferred Stock, Series A, B, and C. The preferred stock is classified as noncontrolling interests in our consolidated balance sheets.

General Motors Company and Subsidiaries1

Combining Cash Flow Information

(In millions) (Unaudited)

Six Months Ended June 30, 2026

Six Months Ended June 30, 2025

Automotive

GM
Financial

Reclassifications
/Eliminations

Combined

Automotive

Cruise

GM
Financial

Reclassifications
/Eliminations

Combined

Cash flows from operating activities

Net income (loss)

$    3,117

$     941

$                 —

$    4,058

$    4,040

$  (302)

$  1,008

$                 —

$    4,747

Depreciation and impairment of Equipment on
     operating leases, net

—

2,647

—

2,647

—

—

2,438

—

2,438

Depreciation, amortization, and impairment
     charges on Property, net

3,468

18

—

3,486

3,511

9

17

—

3,537

Foreign currency remeasurement and transaction
     (gains) losses

37

(7)

—

30

251

—

11

—

262

Undistributed earnings of nonconsolidated
     affiliates, net

120

(27)

—

93

611

—

(28)

—

583

Pension contributions and OPEB payments

(431)

(1)

—

(432)

(308)

—

(1)

—

(309)

Pension and OPEB (income) expense, net

21

1

—

22

31

—

1

—

32

Provision (benefit) for deferred taxes

209

79

—

289

(3)

—

208

—

205

Change in other operating assets and
     liabilities(a)(c)

(937)

(70)

117

(891)

(1,077)

(432)

410

2,573

1,473

Net cash provided by (used in) operating
     activities

5,604

3,582

117

9,304

7,057

(725)

4,065

2,573

12,969

Cash flows from investing activities

Expenditures for property

(3,425)

(29)

—

(3,454)

(3,940)

(2)

(10)

—

(3,953)

Available-for-sale marketable securities,
     acquisitions

(1,391)

(120)

—

(1,511)

(1,248)

—

—

—

(1,248)

Available-for-sale marketable securities,
     liquidations

3,566

77

—

3,644

1,719

—

—

—

1,719

Purchases of finance receivables

—

(18,727)

(8)

(18,736)

—

—

(19,270)

(6)

(19,275)

Principal collections and recoveries on finance
     receivables(a)(b)

—

18,725

(1,011)

17,713

—

—

20,902

(3,616)

17,286

Purchases of leased vehicles

—

(6,591)

—

(6,591)

—

—

(8,591)

—

(8,591)

Proceeds from termination of leased vehicles

—

5,549

—

5,549

—

—

5,326

—

5,326

Other investing activities(b)

(103)

—

6

(97)

(3,320)

—

—

898

(2,422)

Net cash provided by (used in) investing
     activities

(1,352)

(1,117)

(1,014)

(3,483)

(6,790)

(2)

(1,642)

(2,724)

(11,158)

Cash flows from financing activities

Net increase (decrease) in short-term debt

1

(18)

—

(16)

(13)

—

41

—

29

Proceeds from issuance of debt (original
     maturities greater than three months)(b)

124

23,226

—

23,350

2,018

499

28,650

(499)

30,668

Payments on debt (original maturities
     greater than three months)

(300)

(25,392)

(3)

(25,696)

(571)

(3)

(26,722)

(20)

(27,316)

Payment to purchase common stock

(2,800)

—

—

(2,800)

(2,012)

—

—

—

(2,012)

Issuance (redemption) of subsidiary stock(b)

—

—

—

—

—

—

—

(29)

(29)

Dividends paid(c)

(771)

(959)

900

(831)

(260)

—

(759)

700

(319)

Other financing activities

(379)

(73)

—

(452)

(227)

—

(95)

—

(322)

Net cash provided by (used in) financing
     activities

(4,125)

(3,217)

897

(6,445)

(1,064)

496

1,115

152

699

Effect of exchange rate changes on cash, cash
     equivalents, and restricted cash

(96)

13

—

(83)

261

1

64

—

327

Net increase (decrease) in cash, cash
     equivalents, and restricted cash

31

(738)

—

(708)

(536)

(230)

3,602

—

2,836

Cash, cash equivalents, and restricted cash at
     beginning of period

15,241

9,043

—

24,284

14,561

322

8,081

—

22,964

Cash, cash equivalents, and restricted cash at
     end of period

$   15,271

$  8,305

$                 —

$   23,576

$   14,025

$      92

$ 11,683

$                 —

$   25,800

__________

(a)      

Includes eliminations of $1.0 billion and $3.3 billion in the six months ended June 30, 2026 and 2025 primarily driven by purchases/collections of wholesale finance receivables resulting from vehicles sold by GM to dealers that have arranged their inventory floor plan financing through GM Financial.

(b) 

Eliminations include intercompany funding activity from Automotive and GM Financial to Cruise in the six months ended June 30,  2025.

(c) 

Eliminations include dividends issued by GM Financial to Automotive in the six months ended June 30, 2026 and 2025.

Note: Certain intercompany transactions that are eliminated in consolidation are presented on a net basis.

The following tables summarize key financial information (dollars in millions):

GMNA

GMI

Corporate

Eliminations

Total

Automotive

Cruise

GM

Financial

Reclassifications/
Eliminations

Total

Three Months Ended June 30, 2026

Net sales and revenue

$ 39,912

$   3,691

$      159

$           —

$     43,762

$        —

$   4,267

$                  (3)

$   48,026

Expenditures for property

$   1,834

$        61

$        30

$           —

$       1,924

$        —

$       18

$                  —

$     1,942

Depreciation and amortization

$   1,649

$      122

$          6

$           —

$       1,777

$        —

$   1,325

$                  —

$     3,102

Impairment charges

$         1

$        —

$        —

$           —

$             1

$        —

$        —

$                  —

$            1

Equity income (loss)(a)(b)(c)

$    (383)

$        82

$       (37)

$           —

$        (337)

$        —

$       13

$                  —

$      (324)

GMNA

GMI

Corporate

Eliminations

Total

Automotive

Cruise

GM

Financial

Reclassifications/
Eliminations

Total

Three Months Ended June 30, 2025

Net sales and revenue

$ 39,486

$   3,326

$        57

$           —

$     42,869

$        —

$   4,255

$                  (2)

$   47,122

Expenditures for property

$   2,014

$       89

$        28

$           —

$       2,131

$       —

$         6

$                  —

$     2,137

Depreciation and amortization

$   1,642

$      131

$          9

$           —

$       1,782

$        —

$   1,243

$                  —

$     3,026

Impairment charges

$        —

$       18

$        —

$           —

$           18

$        —

$        —

$                  —

$          18

Equity income (loss)(a)(b)

$       12

$       77

$       (14)

$           —

$           75

$        —

$       16

$                  —

$          91

GMNA

GMI

Corporate

Eliminations

Total

Automotive

Cruise

GM

Financial

Reclassifications/
Eliminations

Total

Six Months Ended June 30, 2026

Net sales and revenue

$ 76,312

$   6,550

$      249

$           —

$     83,111

$        —

$   8,543

$                  (4)

$   91,650

Expenditures for property

$   3,260

$      113

$        51

$           —

$       3,425

$        —

$       29

$                  —

$     3,454

Depreciation and amortization

$   3,190

$      241

$        11

$           —

$       3,442

$        —

$   2,665

$                  —

$     6,107

Impairment charges

$       26

$        —

$        —

$           —

$           26

$        —

$        —

$                  —

$         26

Equity income (loss)(a)(b)(c)

$    (247)

$      243

$       (82)

$           —

$          (85)

$        —

$       27

$                  —

$        (58)

GMNA

GMI

Corporate

Eliminations

Total

Automotive

Cruise

GM

Financial

Reclassifications/
Eliminations

Total

Six Months Ended June 30, 2025

Net sales and revenue

$ 76,873

$   5,753

$      103

$           —

$     82,729

$         1

$   8,419

$                  (7)

$   91,141

Expenditures for property

$   3,719

$      182

$        39

$           —

$       3,940

$         2

$       10

$                  —

$     3,953

Depreciation and amortization

$   3,230

$      233

$        36

$           —

$       3,499

$         5

$   2,456

$                  —

$     5,959

Impairment charges

$        —

$       18

$        —

$           —

$           18

$        —

$        —

$                  —

$         18

Equity income (loss)(a)(b)

$      255

$      125

$       (14)

$           —

$          366

$        —

$       28

$                  —

$        394

__________

(a)      

Includes Automotive China joint ventures (Automotive China JVs) equity income (loss) of $83 million and $248 million in the three and six months ended June 30, 2026 and $71 million and $116 million in the three and six months ended June 30, 2025.

(b) 

Equity income (loss) related to Ultium Cells Holdings LLC, an equally owned joint venture with LG Energy Solution, is presented in Automotive and other cost of sales as this entity has historically been integral to the operations of our business by providing battery cells for our electric vehicles (EVs).  Equity income (loss) related to Ultium Cell Holdings LLC was insignificant in the three and six months ended June 30, 2026 and insignificant and $252 million in the three and six months ended June 30, 2025.

(c) 

Equity income (loss) in GMNA includes impacts of our portion of impairment charges for EV strategic realignment.

General Motors Company and Subsidiaries
Supplemental Material1
(Unaudited)

General Motors Company (GM) uses both generally accepted accounting principles (GAAP) and non-GAAP financial measures for operational and financial decision making, and to assess Company and segment business performance. Our non-GAAP measures include: earnings before interest and taxes (EBIT)-adjusted, presented net of noncontrolling interests; earnings before income taxes (EBT)-adjusted for our General Motors Financial Company, Inc. (GM Financial) segment; earnings per share (EPS)-diluted-adjusted; effective tax rate-adjusted (ETR-adjusted); return on invested capital-adjusted (ROIC-adjusted) and adjusted automotive free cash flow. GM's calculation of these non-GAAP measures may not be comparable to similarly titled measures of other companies due to potential differences between companies in the method of calculation. As a result, the use of these non-GAAP measures has limitations and should not be considered superior to, in isolation from, or as a substitute for, related U.S. GAAP measures.

These non-GAAP measures allow management and investors to view operating trends, perform analytical comparisons, and benchmark performance between periods and among geographic regions to understand operating performance without regard to items we do not consider a component of our core operating performance. Furthermore, these non-GAAP measures allow investors the opportunity to measure and monitor our performance against our externally communicated targets and evaluate the investment decisions being made by management to improve ROIC-adjusted. Management uses these measures in its financial, investment, and operational decision-making processes, for internal reporting, and as part of its forecasting and budgeting processes. Further, our Board of Directors uses certain of these and other measures as key metrics to determine management performance under our performance-based compensation plans. For these reasons, we believe these non-GAAP measures are useful for our investors. 

EBIT-adjusted (Most comparable GAAP measure: Net income attributable to stockholders)  EBIT-adjusted is presented net of noncontrolling interests and is used by management and can be used by investors to review our consolidated operating results because it excludes automotive interest income, automotive interest expense, and income taxes as well as certain additional adjustments that are not considered part of our core operations. Examples of adjustments to EBIT include, but are not limited to, impairment charges on long-lived assets and other exit costs resulting from strategic shifts in our operations or discrete market and business conditions, and certain costs arising from legal matters. For EBIT-adjusted and our other non-GAAP measures, once we have made an adjustment in the current period for an item, we will also adjust the related non-GAAP measure in any future periods in which there is an impact from the item. Our corresponding measure for our GM Financial segment is EBT-adjusted because interest income and interest expense are an integral part of its financial performance. 

EPS-diluted-adjusted (Most comparable GAAP measure: Diluted earnings per common share)  EPS-diluted-adjusted is used by management and can be used by investors to review our consolidated diluted EPS results on a consistent basis. EPS-diluted-adjusted is calculated as net income attributable to common stockholders-diluted less adjustments noted above for EBIT-adjusted and certain income tax adjustments divided by weighted-average common shares outstanding-diluted. Examples of income tax adjustments include the establishment or release of significant deferred tax asset valuation allowances.

ETR-adjusted (Most comparable GAAP measure: Effective tax rate)  ETR-adjusted is used by management and can be used by investors to review the consolidated effective tax rate for our core operations on a consistent basis. ETR-adjusted is calculated as Income tax expense less the income tax related to the adjustments noted above for EBIT-adjusted and the income tax adjustments noted above for EPS-diluted-adjusted divided by Income before income taxes less adjustments. When we provide an expected adjusted effective tax rate, we cannot provide an expected effective tax rate without unreasonable efforts because the U.S. GAAP measure may include significant adjustments that are difficult to predict. 

ROIC-adjusted (Most comparable GAAP measure: Return on equity)  ROIC-adjusted is used by management and can be used by investors to review our investment and capital allocation decisions. We define ROIC-adjusted as EBIT-adjusted for the trailing four quarters divided by ROIC-adjusted average net assets, which is the average equity balances adjusted for average automotive debt and interest liabilities, exclusive of finance leases; average automotive net pension and other postretirement benefits (OPEB) liabilities; and average automotive net income tax assets during the same period.

Adjusted automotive free cash flow (Most comparable GAAP measure: Net automotive cash provided by operating activities)  Adjusted automotive free cash flow is used by management and can be used by investors to review the liquidity of our automotive operations and to measure and monitor our performance against our capital allocation program and evaluate our automotive liquidity against the substantial cash requirements of our automotive operations. We measure adjusted automotive free cash flow as automotive operating cash flow from operations less capital expenditures adjusted for management actions. Management actions can include voluntary events such as discretionary contributions to employee benefit plans or nonrecurring specific events such as a closure of a facility that are considered special for EBIT-adjusted purposes.

The following table reconciles Net income (loss) attributable to stockholders to EBIT-adjusted and segment profit (loss) (dollars in millions):

Three Months Ended

Six Months Ended

June 30, 2026

June 30, 2025

June 30, 2026

June 30, 2025

Net income (loss) attributable to stockholders

$                   1,305

$                   1,895

$                   3,932

$                   4,680

Income tax expense (benefit)

214

481

856

1,199

Automotive interest expense

151

198

309

350

Automotive interest income

(183)

(200)

(356)

(391)

Adjustments

EV strategic realignment(a)

2,279

330

3,356

330

China restructuring actions(b)

177

140

99

140

Separation costs(c)

—

87

—

87

Cruise restructuring(d)

—

65

—

65

GMI exit costs(e)

—

33

—

33

Headquarters relocation(f)

—

8

—

34

Total adjustments

2,456

663

3,455

689

EBIT-adjusted

3,943

3,037

8,196

6,527

Operating segments

GM North America (GMNA)

3,446

2,415

7,107

5,702

GM International (GMI)

190

204

314

234

Cruise

—

—

—

(273)

GM Financial(g)

605

704

1,294

1,389

Total operating segments

4,241

3,323

8,714

7,051

Corporate and eliminations(h)

(298)

(286)

(518)

(524)

EBIT-adjusted

$                   3,943

$                   3,037

$                   8,196

$                   6,527

__________

(a)      

These adjustments were excluded because they relate to our strategic realignment of our EV capacity and manufacturing footprint, including Ultium's strategic realignment.

(b)

These adjustments were excluded because they relate to restructuring activities associated with our operations in China, including an other-than-temporary impairment and restructuring charges recorded in equity earnings associated with our Automotive China JVs.

(c) 

These adjustments were excluded because they relate to employee separation charges.

(d) 

These adjustments were excluded because they relate to restructuring charges resulting from the plan to combine the Cruise and GM technical efforts to advance autonomous and assisted driving. The adjustments primarily consist of non-cash restructuring charges, supplier-related charges, and employee separation costs.

(e) 

These adjustments were excluded because they primarily relate to the wind down of our manufacturing operations in Columbia and Ecuador.

(f) 

These adjustments were excluded because they relate to the GM headquarters relocation, primarily consisting of accelerated depreciation and other relocation expenditures.

(g) 

GM Financial amounts represent EBT-adjusted.

(h) 

GM's automotive interest income and interest expense, corporate expenditures, legacy costs from the Opel / Vauxhall Business (primarily pension costs), and certain revenues and expenses that are not part of a reportable segment are recorded centrally in Corporate.

The following table reconciles diluted earnings per common share to EPS-diluted-adjusted (dollars in millions, except per share amounts):

Three Months Ended

Six Months Ended

June 30, 2026

June 30, 2025

June 30, 2026

June 30, 2025

Amount

Per Share

Amount

Per Share

Amount

Per Share

Amount

Per Share

Diluted earnings per common share

$  1,287

$    1.41

$  1,865

$    1.91

$  3,901

$    4.25

$  5,224

$    5.28

Adjustments(a)

2,456

2.70

663

0.68

3,455

3.76

689

0.70

Tax effect on adjustments(b)

(496)

(0.54)

(64)

(0.07)

(679)

(0.74)

(70)

(0.07)

Return from preferred shareholders(c)

—

—

—

—

—

—

(593)

(0.60)

EPS-diluted-adjusted

$  3,247

$    3.57

$  2,464

$    2.53

$  6,677

$    7.27

$  5,250

$    5.31

__________

(a)      

Refer to the reconciliation of Net income (loss) attributable to stockholders to EBIT-adjusted and segment profit (loss) for adjustment details.

(b) 

The tax effect of each adjustment is determined based on the tax laws and valuation allowance status of the jurisdiction to which the adjustment relates.

(c) 

This adjustment consists of a return from the preferred shareholders related to the redemption of Cruise preferred shares from noncontrolling interest holders in the six months ended June 30, 2025.

The following table reconciles our effective tax rate to ETR-adjusted (dollars in millions):

Three Months Ended

Six Months Ended

June 30, 2026

June 30, 2025

June 30, 2026

June 30, 2025

Income
before
income
taxes

Income
tax
expense
(benefit)

Effective
tax rate

Income
before
income
taxes

Income
tax
expense
(benefit)

Effective
tax rate

Income
before
income
taxes

Income
tax
expense
(benefit)

Effective
tax rate

Income
before
income
taxes

Income
tax
expense
(benefit)

Effective
tax rate

Effective tax rate

$ 1,568

$   214

13.7 %

$  2,375

$   481

20.2 %

$  4,915

$  856

17.4 %

$ 5,946

$  1,199

20.2 %

Adjustments(a)

2,456

496

663

64

3,455

679

689

70

ETR-adjusted

$ 4,024

$   710

17.6 %

$  3,038

$   545

17.9 %

$  8,370

$  1,535

18.3 %

$ 6,635

$  1,269

19.1 %

__________

(a)      

Refer to the reconciliation of Net income (loss) attributable to stockholders to EBIT-adjusted and segment profit (loss) for adjustment details.
These adjustments include Net income attributable to noncontrolling interests where applicable. The tax effect of each adjustment is
determined based on the tax laws and valuation allowance status of the jurisdiction to which the adjustment relates.

We define return on equity (ROE) as Net income (loss) attributable to stockholders for the trailing four quarters divided by average equity for the same period. Management uses average equity to provide comparable amounts in the calculation of ROE.  The following table summarizes the calculation of ROE (dollars in billions):

Four Quarters Ended

June 30, 2026

June 30, 2025

Net income attributable to stockholders

$                   1.9

$                   4.8

Average equity(a)

$                 63.0

$                 66.8

ROE

3.1 %

7.1 %

__________

(a)      

Includes equity of noncontrolling interests where the corresponding earnings (loss) are included in Net income attributable to stockholders.

The following table summarizes the calculation of ROIC-adjusted (dollars in billions): 

Four Quarters Ended

June 30, 2026

June 30, 2025

EBIT-adjusted(a)

$                 14.4

$                 13.2

Average equity(b)

$                 63.0

$                 66.8

Add: Average automotive debt and interest liabilities (excluding finance leases)

16.0

16.2

Add: Average automotive net pension and OPEB liability

7.9

8.9

Less: Average automotive net income tax asset

(24.1)

(22.8)

ROIC-adjusted average net assets

$                 62.8

$                 69.1

ROIC-adjusted

22.9 %

19.0 %

__________

(a)      

Refer to the reconciliation of Net income (loss) attributable to stockholders to EBIT-adjusted and segment profit (loss) for adjustment details.

(b) 

Includes equity of noncontrolling interests where the corresponding earnings (loss) are included in EBIT-adjusted.

The following table reconciles Net automotive cash provided by operating activities to adjusted automotive free cash flow (dollars in millions):

Three Months Ended

Six Months Ended

June 30, 2026

June 30, 2025

June 30, 2026

June 30, 2025

Net automotive cash provided by operating activities

$              5,071

$              4,653

$              5,604

$              7,057

Less: Capital expenditures

(1,924)

(2,131)

(3,425)

(3,940)

Add: EV strategic realignment

1,871

—

4,103

—

Add: Legal Matters

13

—

13

—

Add: GMI exit costs

2

8

6

12

Add: Buick dealer strategy

—

305

—

465

Add: Separation costs

—

86

—

139

Add: China restructuring actions

—

9

—

9

Less: Ultium strategic realignment

—

(103)

—

(103)

Adjusted automotive free cash flow

$              5,033

$              2,827

$              6,302

$              3,639

General Motors Company and Subsidiaries
Supplemental Material1
(Unaudited)

Vehicle Sales

GM presents both wholesale and total vehicle sales data to assist in the analysis of our revenue and market share. Wholesale vehicle sales data consists of sales to GM's dealers and distributors as well as sales to the U.S. Government, and excludes vehicles sold by our joint ventures. Wholesale vehicle sales data correlates to GM's revenue recognized from the sale of vehicles, which is the largest component of Automotive net sales and revenue. In the six months ended June 30, 2026, 26.8% of GM's wholesale vehicle sales volume was generated outside the U.S. The following table summarizes wholesale vehicle sales by our Automotive operations (vehicles in thousands):

Three Months Ended

Six Months Ended

June 30, 2026

June 30, 2025

June 30, 2026

June 30, 2025

GMNA

848

849

1,641

1,676

GMI

142

125

248

209

Total

990

974

1,889

1,885

Total vehicle sales data represents: (1) retail sales (i.e., sales to consumers who purchase new vehicles from dealers or distributors); (2) fleet sales (i.e., sales to large and small businesses, governments, and daily rental car companies); and (3) certain vehicles used by dealers in their business, including but not limited to courtesy transportation vehicles previously used by dealers that were sold to the end consumer. Total vehicle sales data includes all sales by joint ventures on a total vehicle basis, not based on our percentage ownership interest in the joint venture, including vehicle sales of non-GM trademarked vehicles, which are included in the total vehicle sales we report for China. While total vehicle sales data does not correlate directly to the revenue GM recognizes during a particular period, we believe it is indicative of the underlying demand for GM's vehicles. Total vehicle sales data represents management's good faith estimate based on sales reported by our dealers, distributors, and joint ventures; commercially available data sources, such as registration and insurance data; and internal estimates and forecasts when other data is not available.

The following table summarizes industry and GM total vehicle sales and GM's related competitive position by geographic region (vehicles in thousands):

Three Months Ended

Six Months Ended

June 30, 2026

June 30, 2025

June 30, 2026

June 30, 2025

Industry

GM

Market
Share

Industry

GM

Market
Share

Industry

GM

Market
Share

Industry

GM

Market
Share

North America

United States

4,310

715

16.6 %

4,294

747

17.4 %

8,056

1,341

16.7 %

8,323

1,440

17.3 %

Other

1,059

133

12.6 %

1,052

131

12.5 %

1,987

250

12.6 %

1,992

257

12.9 %

Total North America

5,369

848

15.8 %

5,345

878

16.4 %

10,042

1,592

15.8 %

10,315

1,697

16.5 %

Asia/Pacific, Middle East,
     and Africa

China(a)

5,434

357

6.6 %

6,587

448

6.8 %

10,346

706

6.8 %

12,398

890

7.2 %

Other

5,611

106

1.9 %

5,442

118

2.2 %

11,497

213

1.9 %

11,291

220

1.9 %

Total Asia/Pacific, Middle
     East, and Africa

11,044

464

4.2 %

12,028

565

4.7 %

21,842

919

4.2 %

23,690

1,110

4.7 %

South America

Brazil

795

79

10.0 %

647

64

9.9 %

1,419

141

9.9 %

1,199

120

10.0 %

Other

464

35

7.6 %

411

31

7.6 %

921

69

7.5 %

811

60

7.4 %

Total South America

1,259

115

9.1 %

1,058

95

9.0 %

2,340

209

8.9 %

2,010

180

8.9 %

Total in GM markets

17,672

1,427

8.1 %

18,432

1,538

8.3 %

34,225

2,720

7.9 %

36,015

2,987

8.3 %

Total Europe

4,591

—

— %

4,372

—

— %

8,972

1

— %

8,609

1

— %

Total Worldwide(b)

22,263

1,427

6.4 %

22,804

1,538

6.7 %

43,197

2,721

6.3 %

44,623

2,988

6.7 %

United States

Cars

720

13

1.8 %

712

15

2.1 %

1,322

25

1.9 %

1,415

32

2.3 %

Trucks

1,163

378

32.5 %

1,223

401

32.8 %

2,170

702

32.4 %

2,277

746

32.8 %

Crossovers

2,428

324

13.4 %

2,359

330

14.0 %

4,564

615

13.5 %

4,631

662

14.3 %

Total United States

4,310

715

16.6 %

4,294

747

17.4 %

8,056

1,341

16.7 %

8,323

1,440

17.3 %

China(a)

SGMS

94

132

210

251

SGMW

263

315

496

639

Total

5,434

357

6.6 %

6,587

447

6.8 %

10,346

706

6.8 %

12,398

890

7.2 %

__________ 

(a)      

Includes sales by the Automotive China JVs: SAIC General Motors Sales Co., Ltd. (SGMS) and SAIC GM Wuling Automobile Co., Ltd. (SGMW).

(b) 

Cuba, Iran, North Korea, and Sudan have been subject to broad economic sanctions. Accordingly, these countries are excluded from industry sales data and corresponding calculation of market share.

As discussed above, total vehicle sales and market share data provided in the table above includes fleet vehicles. Certain fleet transactions, particularly sales to daily rental car companies, are generally less profitable than retail sales to end customers. The following table summarizes estimated fleet sales and those sales as a percentage of total vehicle sales (vehicles in thousands): 

Three Months Ended

Six Months Ended

June 30, 2026

June 30, 2025

June 30, 2026

June 30, 2025

GMNA

207

178

391

350

GMI

111

96

193

164

Total fleet sales

318

274

584

514

Fleet sales as a percentage of total vehicle sales

22.3 %

17.8 %

21.5 %

17.2 %

SOURCE General Motors

FORT WORTH, Texas--(BUSINESS WIRE)--GENERAL MOTORS FINANCIAL COMPANY, INC. (“GM Financial” or the “Company”) announced net income of $432 million for the quarter ended June 30, 2026, compared to $510 million for the quarter ended June 30, 2025. Net income for the six months ended June 30, 2026 was $946 million, compared to $1.0 billion for the six months ended June 30, 2025. Retail loan originations were $10.0 billion for the quarter ended June 30, 2026, compared to $8.3 billion for the quarter.

General Motors posted second-quarte net income of $1.31 billion, or $1.41 a share, with revenue rising to $48.03 billion.

Posted by Defense World Staff on Jul 21st, 2026

Andra AP fonden increased its holdings in The Home Depot, Inc. (NYSE:HD – Free Report) by 55.4% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 144,162 shares of the home improvement retailer’s stock after buying an additional 51,402 shares during the period. Home Depot accounts for approximately 0.6% of Andra AP fonden’s portfolio, making the stock its 22nd largest holding. Andra AP fonden’s holdings in Home Depot were worth $47,413,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in HD. Norges Bank purchased a new position in Home Depot in the 4th quarter worth approximately $4,850,329,000. Wellington Management Group LLP raised its position in shares of Home Depot by 60.8% during the 3rd quarter. Wellington Management Group LLP now owns 10,143,089 shares of the home improvement retailer’s stock valued at $4,109,878,000 after buying an additional 3,836,051 shares in the last quarter. Cardano Risk Management B.V. raised its position in shares of Home Depot by 901.5% during the 4th quarter. Cardano Risk Management B.V. now owns 3,290,540 shares of the home improvement retailer’s stock valued at $1,132,275,000 after buying an additional 2,961,979 shares in the last quarter. Diamant Asset Management Inc. lifted its holdings in shares of Home Depot by 33,026.3% during the 1st quarter. Diamant Asset Management Inc. now owns 2,342,026 shares of the home improvement retailer’s stock worth $770,269,000 after acquiring an additional 2,334,956 shares during the last quarter. Finally, J. Stern & Co. LLP lifted its holdings in shares of Home Depot by 14,869.3% during the 4th quarter. J. Stern & Co. LLP now owns 2,232,521 shares of the home improvement retailer’s stock worth $768,210,000 after acquiring an additional 2,217,607 shares during the last quarter. Institutional investors own 70.86% of the company’s stock.

Analysts Set New Price Targets A number of research analysts recently commented on HD shares. HSBC reduced their target price on Home Depot from $392.00 to $310.00 and set a “hold” rating on the stock in a research note on Wednesday, May 20th. DA Davidson decreased their price target on shares of Home Depot from $445.00 to $377.00 and set a “buy” rating on the stock in a research note on Tuesday, May 19th. TD Cowen lowered their price objective on shares of Home Depot from $450.00 to $375.00 and set a “buy” rating for the company in a report on Wednesday, May 20th. Jefferies Financial Group cut their price objective on shares of Home Depot from $361.00 to $360.00 and set a “buy” rating for the company in a research note on Thursday, June 4th. Finally, Citigroup reduced their target price on shares of Home Depot from $450.00 to $400.00 and set a “buy” rating on the stock in a report on Tuesday, May 12th. Eighteen analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $371.71.

Read Our Latest Stock Report on HD

Home Depot Stock Performance Home Depot stock opened at $332.96 on Tuesday. The company has a current ratio of 1.04, a quick ratio of 0.28 and a debt-to-equity ratio of 3.23. The firm has a market cap of $332.01 billion, a P/E ratio of 23.65, a P/E/G ratio of 3.91 and a beta of 0.95. The Home Depot, Inc. has a 1-year low of $289.10 and a 1-year high of $426.75. The firm has a 50-day moving average of $327.39 and a 200-day moving average of $345.13.

Home Depot (NYSE:HD – Get Free Report) last announced its quarterly earnings results on Tuesday, May 19th. The home improvement retailer reported $3.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.41 by $0.02. The company had revenue of $41.77 billion for the quarter, compared to the consensus estimate of $41.59 billion. Home Depot had a return on equity of 117.24% and a net margin of 8.41%.Home Depot’s revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.56 EPS. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Sell-side analysts expect that The Home Depot, Inc. will post 15.01 EPS for the current year.

Home Depot Dividend Announcement The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th were paid a dividend of $2.33 per share. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $9.32 annualized dividend and a dividend yield of 2.8%. Home Depot’s payout ratio is 66.19%.

Home Depot Company Profile (Free Report)

The Home Depot, Inc (NYSE: HD) is a leading home improvement retailer that operates large-format stores and an integrated online platform offering a broad range of products and services for do-it-yourself consumers, professional contractors and businesses. The company was founded in 1978 by Bernard Marcus and Arthur Blank and is headquartered in Atlanta, Georgia. Since opening its first stores at the end of the 1970s, Home Depot has grown into a multinational retailer known for its orange-branded stores and wide assortment of home improvement merchandise.

Home Depot’s core business includes the sale of building materials, lumber, tools, hardware, appliances, paint, plumbing and electrical supplies, lawn and garden products, and home décor.

See Also Five stocks we like better than Home Depot The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story

Receive News & Ratings for Home Depot Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Home Depot and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEAndra AP fonden Purchases 107,689 Shares of Cisco Systems, Inc. $CSCO

NEXT HEADLINE »Andra AP fonden Makes New $46.60 Million Investment in Astrazeneca Plc $AZN

New coalition aims to help address America's growing skilled labor shortage and create pathways to high-quality careers across the country

, /PRNewswire/ -- Four leading American companies – BlackRock, Carhartt, Ford Motor Company, and Google – have come together to launch the Alliance for America's Skilled Trades, a new initiative focused on expanding access to skilled trades training and helping meet the nation's growing workforce needs. The founding members of the Alliance have already independently committed to supporting skilled workforce training initiatives in 30 states across the U.S.

Credit: Adam Schultz for Ford Motor Company The United States is experiencing a surging demand for skilled workers across industries critical to the country's future, creating a milestone moment for the American people. An estimated 2.1 million skilled trades positions could go unfilled by 2030, including for electrical workers, technicians, and builders. These open roles are vital to supporting critical industries – including infrastructure, energy, and manufacturing – and they offer workers the chance to benefit from the higher wages and greater economic mobility that skilled jobs provide.1 

The skilled trades are not only crucial to a thriving, modern economy, they can be pathways to greater economic mobility, stable employment, and long-term financial security for millions of Americans and their families. Workers in infrastructure-related skilled trades earn above-average wages in the U.S. and often have access to employment benefits like retirement savings and health care – without requiring the cost of a four-year college degree.2 

Through the Alliance, the companies aim to multiply their impact in three key areas:

Build the skilled trades pipeline by broadening access and increasing exposure to the trades for more Americans. By raising awareness and providing clear, accessible pathways into the trades, more people can transition into fields that offer greater stability, higher wages, and create long-term opportunities in their careers and economic impact for their communities. Scale evidence-based workforce development approaches such as investing in apprenticeships and pre-apprenticeships programs that create opportunities to earn and learn on the job. These programs are vital options that can enable more American workers to gain critical new skills and economic mobility. The Alliance will also partner with Burning Glass and Jobs for the Future on a report to help measure gaps, track progress, and share best practices. Expand the partnership to like-minded industry, labor, education, and nonprofit organizations to reach more workers and communities across the country. This builds on the existing work we're already doing alongside labor unions, trade associations, and professional organizations across the construction and electrical sectors – institutions that have spent decades building the expertise, local relationships, and pipelines that turn standard jobs into lifelong careers. Bayo Ogunlesi, Chairman and Chief Executive Officer of Global Infrastructure Partners, a part of BlackRock, said, "Investment in America's infrastructure will help shape the country's long-term economic trajectory, but its success ultimately depends on the skilled workforce that brings these projects to life. Expanding that talent pipeline requires long-term commitment and partnership across sectors. BlackRock and GIP are proud to launch the Alliance for America's Skilled Trades to support the workers who will build, operate, and maintain the infrastructure that underpins America's future competitiveness."

Linda Hubbard, President and Chief Executive Officer of Carhartt, added, "For more than 137 years, Carhartt has proudly served the skilled men and women who build, repair, and keep America running. Through the Alliance for America's Skilled Trades, we're honored to work alongside like-minded organizations to raise awareness of the trades and open more pathways to meaningful careers that strengthen families, communities, and our economy."

Jim Farley, President and Chief Executive Officer of Ford, said, "At Ford, we recognize the skilled trades workforce shortage is a national crisis but also a generational opportunity. Skilled trades are at the heart of what we call the Essential Economy, the 95 million Americans who build, move, and fix the things our country depends on every day. You see it across our own business, from the tens of thousands skilled tradespeople and technicians in our plants and dealerships to the millions of workers who rely on Ford Pro vehicles to do the jobs that keep our country running. These vital trades and industries form the backbone of the American economy, and their future is America's future. Ford's work is inseparable from America's, and we are honored to join these great companies who are also committed to securing our nation's future."

Ruth Porat, President and Chief Investment Officer of Alphabet and Google, said: "Building the physical infrastructure for America's future requires significantly increasing the pipeline of skilled tradespeople across the country – a challenge that can only be addressed with collective action. Google is proud to help launch the Alliance for America's Skilled Trades, expanding on our years of investment to both strengthen pathways to enduring opportunities in high-demand careers and increase economic opportunity for communities across the country – powered by collaboration across industry, civil society, and government."

Two and a half centuries ago, America's founders launched a great national experiment. That experiment succeeded beyond what anyone could have imagined—thanks in large part to the skilled workers who actually built the nation. Along the way, they turned hard work into lasting opportunity. By working together, the Alliance for America's Skilled Trades aims to make that dream a reality for a new generation.

About BlackRock
BlackRock's purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate

About Carhartt
Established in 1889, Carhartt is a global premium workwear brand with a rich heritage of developing durable products for workers on and off the job. Headquartered in Dearborn, Michigan, with approximately 3,000 employees worldwide, Carhartt is family-owned and managed by the descendants of the company's founder, Hamilton Carhartt. For more information, visit www.carhartt.com.

About Ford Motor Company 
Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, committed to helping build a better world, where every person is free to move and pursue their dreams. The company's Ford+ plan for growth and value creation combines existing strengths, new capabilities, and always-on relationships with customers to enrich experiences for customers and deepen their loyalty. Ford develops and delivers innovative, must-have Ford trucks, sport utility vehicles, commercial vans and cars and Lincoln luxury vehicles, along with connected services, including BlueCruise (ADAS) and security. The company offers freedom of choice through three customer-centered business segments: Ford Blue, engineering iconic gas-powered and hybrid vehicles; Ford Model e, inventing breakthrough electric vehicles ("EVs") along with embedded software that defines always-on digital experiences for all customers; and Ford Pro, helping commercial customers transform and expand their businesses with vehicles and services tailored to their needs. Ford employs about 169,000 people worldwide. More information about the company and its products and services is available at fromtheroad.ford.com.

About Google
Google's mission is to organize the world's information and make it universally accessible and useful. Through products and platforms like Search, Maps, Gmail, Android, Google Play, Google Cloud, Chrome and YouTube, Google plays a meaningful role in the daily lives of billions of people and has become one of the most widely-known companies in the world. Google is a subsidiary of Alphabet Inc.

Media Contacts

BlackRock
Lauren Willis
[email protected]

Carhartt
Vanessa McCutchen
[email protected]

Ford Motor Company
Lori Arpin
[email protected]

Google
Rebecca Rutkoff
[email protected]

SOURCE CARHARTT

Posted by Defense World Staff on Jul 21st, 2026

Andra AP fonden raised its stake in shares of PepsiCo, Inc. (NASDAQ:PEP – Free Report) by 239.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 278,094 shares of the company’s stock after purchasing an additional 196,177 shares during the quarter. PepsiCo comprises 0.5% of Andra AP fonden’s holdings, making the stock its 27th biggest position. Andra AP fonden’s holdings in PepsiCo were worth $43,185,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brighton Jones LLC raised its stake in PepsiCo by 12.4% in the 4th quarter. Brighton Jones LLC now owns 59,392 shares of the company’s stock worth $9,031,000 after acquiring an additional 6,574 shares during the last quarter. Caxton Associates LLP purchased a new stake in PepsiCo during the 1st quarter valued at about $251,000. Sivia Capital Partners LLC increased its holdings in shares of PepsiCo by 138.5% in the second quarter. Sivia Capital Partners LLC now owns 6,527 shares of the company’s stock valued at $862,000 after purchasing an additional 3,790 shares during the period. Schnieders Capital Management LLC. raised its stake in shares of PepsiCo by 10.1% in the second quarter. Schnieders Capital Management LLC. now owns 38,164 shares of the company’s stock worth $5,039,000 after purchasing an additional 3,502 shares during the last quarter. Finally, Sei Investments Co. lifted its holdings in shares of PepsiCo by 45.5% during the second quarter. Sei Investments Co. now owns 536,133 shares of the company’s stock worth $70,789,000 after purchasing an additional 167,707 shares during the period. 73.07% of the stock is currently owned by institutional investors and hedge funds.

PepsiCo Trading Down 1.2% Shares of NASDAQ:PEP opened at $135.46 on Tuesday. The company has a current ratio of 0.93, a quick ratio of 0.74 and a debt-to-equity ratio of 1.91. PepsiCo, Inc. has a 12-month low of $133.95 and a 12-month high of $171.48. The business has a 50 day moving average of $143.25 and a two-hundred day moving average of $151.20. The company has a market capitalization of $184.89 billion, a PE ratio of 17.75, a PEG ratio of 3.01 and a beta of 0.36.

PepsiCo (NASDAQ:PEP – Get Free Report) last posted its earnings results on Thursday, July 9th. The company reported $2.20 earnings per share for the quarter, beating the consensus estimate of $2.19 by $0.01. PepsiCo had a net margin of 10.78% and a return on equity of 54.63%. The firm had revenue of $24.18 billion during the quarter, compared to analyst estimates of $23.95 billion. During the same period in the previous year, the firm earned $0.92 EPS. The business’s quarterly revenue was up 6.4% on a year-over-year basis. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. As a group, analysts forecast that PepsiCo, Inc. will post 8.58 EPS for the current year.

PepsiCo Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Friday, September 4th will be issued a $1.48 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $5.92 dividend on an annualized basis and a yield of 4.4%. PepsiCo’s payout ratio is presently 77.59%.

Analyst Ratings Changes PEP has been the topic of several research reports. TD Cowen cut their price target on shares of PepsiCo from $150.00 to $145.00 and set a “hold” rating on the stock in a report on Friday, July 10th. Morgan Stanley decreased their price objective on shares of PepsiCo from $180.00 to $160.00 and set an “equal weight” rating for the company in a research note on Friday, July 10th. Bank of America cut their price objective on shares of PepsiCo from $173.00 to $164.00 and set a “neutral” rating on the stock in a research note on Thursday, June 25th. Jefferies Financial Group reduced their target price on shares of PepsiCo from $162.00 to $152.00 and set a “hold” rating for the company in a report on Friday, July 10th. Finally, Piper Sandler set a $176.00 price target on shares of PepsiCo in a report on Thursday, July 9th. Seven research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, PepsiCo presently has an average rating of “Hold” and a consensus target price of $157.70.

Get Our Latest Analysis on PepsiCo

PepsiCo Company Profile (Free Report)

PepsiCo, Inc (NASDAQ: PEP) is a multinational food and beverage company headquartered in Purchase, New York. The company develops, manufactures, markets and sells a broad portfolio of branded food and beverage products, including carbonated and noncarbonated soft drinks, bottled water, sports drinks, juices, ready-to-drink teas and coffees, salty snacks, cereals, and other convenient foods. Its leading consumer brands include Pepsi, Mountain Dew, Gatorade, Tropicana, Quaker, Lay’s, Doritos and Cheetos, among others.

Formed through the 1965 merger of Pepsi-Cola and Frito-Lay, PepsiCo has grown into a global business with integrated manufacturing, distribution and marketing operations.

Further Reading Five stocks we like better than PepsiCo The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding PEP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PepsiCo, Inc. (NASDAQ:PEP – Free Report).

Receive News & Ratings for PepsiCo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PepsiCo and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEAndra AP fonden Has $35.01 Million Stock Position in Wells Fargo & Company $WFC

NEXT HEADLINE »Andra AP fonden Has $31.02 Million Stock Holdings in Gilead Sciences, Inc. $GILD

Posted by Defense World Staff on Jul 21st, 2026

Allspring Global Investments Holdings LLC decreased its position in Qualcomm Incorporated (NASDAQ:QCOM – Free Report) by 38.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 198,807 shares of the wireless technology company’s stock after selling 125,721 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Qualcomm were worth $25,304,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in QCOM. Your Advocates Ltd. LLP acquired a new position in shares of Qualcomm in the first quarter valued at about $26,000. Richardson Financial Services Inc. increased its position in Qualcomm by 90.9% during the fourth quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company’s stock worth $29,000 after acquiring an additional 80 shares during the period. Torren Management LLC acquired a new stake in Qualcomm in the 4th quarter worth about $29,000. Caitong International Asset Management Co. Ltd boosted its holdings in Qualcomm by 17,000.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 171 shares of the wireless technology company’s stock valued at $29,000 after purchasing an additional 170 shares during the period. Finally, Birchwood Financial Partners Inc. bought a new stake in Qualcomm in the 4th quarter valued at about $31,000. Institutional investors own 74.35% of the company’s stock.

Analyst Upgrades and Downgrades Several research analysts have recently commented on QCOM shares. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $160.00 target price on shares of Qualcomm in a report on Thursday, April 30th. Dbs Bank raised Qualcomm to a “moderate buy” rating in a report on Tuesday, July 7th. Robert W. Baird set a $300.00 price target on Qualcomm in a research note on Friday, May 1st. Morgan Stanley upgraded shares of Qualcomm from an “underweight” rating to an “equal weight” rating and increased their price objective for the stock from $146.00 to $231.00 in a research note on Thursday, June 25th. Finally, BNP Paribas Exane cut shares of Qualcomm to a “neutral” rating in a research report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twenty-one have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $219.76.

Read Our Latest Report on QCOM

Insider Transactions at Qualcomm In other Qualcomm news, EVP Heather S. Ace sold 3,200 shares of the stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $177.82, for a total value of $569,024.00. Following the completion of the transaction, the executive vice president directly owned 39,735 shares in the company, valued at approximately $7,065,677.70. This trade represents a 7.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Cristiano R. Amon sold 10,000 shares of Qualcomm stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $180.00, for a total value of $1,800,000.00. Following the sale, the chief executive officer directly owned 197,568 shares in the company, valued at $35,562,240. The trade was a 4.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 21,721 shares of company stock valued at $4,044,465 over the last quarter. 0.05% of the stock is currently owned by insiders.

Qualcomm Price Performance Shares of QCOM stock opened at $170.32 on Tuesday. The business has a fifty day simple moving average of $206.28 and a 200 day simple moving average of $168.36. The company has a market cap of $179.52 billion, a P/E ratio of 18.51, a P/E/G ratio of 5.10 and a beta of 1.63. The company has a quick ratio of 1.61, a current ratio of 2.37 and a debt-to-equity ratio of 0.54. Qualcomm Incorporated has a twelve month low of $121.99 and a twelve month high of $259.92.

Qualcomm (NASDAQ:QCOM – Get Free Report) last released its earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.56 by $0.09. The firm had revenue of $10.60 billion for the quarter, compared to analysts’ expectations of $10.59 billion. Qualcomm had a return on equity of 42.11% and a net margin of 22.31%.The business’s revenue for the quarter was down 3.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.85 earnings per share. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. On average, sell-side analysts forecast that Qualcomm Incorporated will post 7.97 EPS for the current fiscal year.

Qualcomm Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 3rd will be issued a dividend of $0.92 per share. The ex-dividend date is Thursday, September 3rd. This represents a $3.68 annualized dividend and a dividend yield of 2.2%. Qualcomm’s dividend payout ratio is 40.00%.

Qualcomm Company Profile (Free Report)

Qualcomm Incorporated is a global semiconductor and telecommunications equipment company headquartered in San Diego, California. Founded in 1985, the company is known for its development of wireless technologies and for playing a central role in the evolution of digital cellular standards, including CDMA and subsequent generations of mobile standards. Qualcomm’s business combines the design and sale of semiconductor products with a patent licensing program for wireless technologies and related intellectual property.

The company’s product portfolio includes system-on-chip (SoC) platforms marketed under the Snapdragon brand, cellular modem and RF front-end components, connectivity solutions for Wi‑Fi and Bluetooth, and processors and platforms aimed at automotive, IoT, networking and edge-computing applications.

Featured Articles Five stocks we like better than Qualcomm The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story

Receive News & Ratings for Qualcomm Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qualcomm and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEiShares MSCI France ETF $EWQ Position Reduced by Allspring Global Investments Holdings LLC

NEXT HEADLINE »Allspring Global Investments Holdings LLC Sells 91,994 Shares of Rollins, Inc. $ROL

Wall Street is preparing for three technology earnings reports, but options traders see one as more dangerous than the others.

As per market data, Intel shares (NASDAQ: INTC) are priced for a 13.52% move after Thursday’s results, compared with 9.17% for Alphabet (NASDAQ: GOOG) and 6.79% for Tesla (NASDAQ: TSLA) after reports on Wednesday.

Those figures do not predict direction, but show how far each stock could move after results.

Each company faces a different credibility test.

Intel must show that server demand can support its manufacturing turnaround. Alphabet needs to prove AI spending is strengthening Search and Cloud. Tesla must demonstrate that robotaxi ambitions can progress without pressure on margins and cash flow.

Intel’s implied move is above its average 12.4% reaction following the four reports as investors are accustomed to volatility, yet still expect Thursday’s update to deliver a shock.

The bullish argument centres on server-processor demand as companies add computing capacity for AI.

Susquehanna analyst Christopher Rolland raised his Intel price target to $115 from $80 while retaining a Hold rating.

He expects server demand to support results, even as memory shortages weaken PC production.

Intel guided for second-quarter revenue of $13.8 billion to $14.8 billion and adjusted earnings of 20 cents a share.

A beat may not be enough if foundry losses, manufacturing progress or the full-year outlook disappoint.

Investors want evidence that Intel can attract foundry customers, meet process targets and reduce the burden of factory expansion.

That creates a wide range of outcomes around a stock carrying high turnaround expectations.

Alphabet’s 9.17% implied swing is three times its average 3.24% move over the previous four quarters.

The increase reflects uncertainty over whether investment in data centres, chips and AI models is generating adequate returns.

Truist Securities analyst Youssef Squali remains constructive.

“Search spend remains strong, fuelled by query volume and cost-per-click,” he said in comments reported by Kiplinger.

Squali also expects YouTube advertising growth and stronger Cloud revenue as Alphabet converts its backlog into sales.

Investors will examine whether AI Overviews and Gemini are increasing engagement without weakening Google’s search-advertising economics.

Cloud growth, margins and any revision to capital-spending plans will also matter.

Alphabet’s results extend beyond its shares.

Kevin Mahn of Hennion & Walsh Asset Management told Reuters that any pullback in AI spending could create “ripple effects across the entire AI ecosystem.”

Chipmakers, memory producers and data-centre suppliers depend on hyperscaler budgets remaining strong.

Tesla’s 6.79% implied move is the smallest of the three, but more than double its recent four-quarter average.

Investors are balancing improved deliveries against pressure from vehicle incentives, input costs and spending on autonomy.

Tesla delivered 480,126 vehicles during the second quarter.

The report will show whether higher volumes strengthened profits or whether financing promotions and component costs absorbed the benefit.

Bank of America analyst Alexander Perry said attention would remain on robotaxi deployments, particularly the “pace of fleet scaling and new markets.”

Expansion could ease doubts about Tesla’s camera-based autonomous-driving approach.

Deutsche Bank analyst Edison Yu is more cautious as he expects earnings of 36 cents a share, below estimates, because promotional rates and higher input costs could pressure margins.

HomeIndustriesThe Ratings GameThe Ratings GameJuly 21, 2026, 6:58 a.m. ET

After plunging more than 30% since the start of the year, Morgan Stanley has cut Adobe’s stock rating, warning of three “concurrent transitions.”

The investment bank downgraded the software company, which specializes in creative and marketing tools, from “equal-weight” to “underweight,” reducing its price target by over a third from $365 to $240.

About the Author

Nora Redmond is a MarketWatch reporter based in London.

Partner Center

Posted by Defense World Staff on Jul 21st, 2026

Allspring Global Investments Holdings LLC raised its holdings in American Express Company (NYSE:AXP – Free Report) by 16.0% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 76,824 shares of the payment services company’s stock after purchasing an additional 10,610 shares during the period. Allspring Global Investments Holdings LLC’s holdings in American Express were worth $23,159,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Evolution Wealth Management Inc. boosted its stake in American Express by 6,600.0% during the 4th quarter. Evolution Wealth Management Inc. now owns 67 shares of the payment services company’s stock valued at $25,000 after acquiring an additional 66 shares during the last quarter. Joseph Group Capital Management acquired a new position in American Express in the fourth quarter worth about $26,000. Sfam LLC bought a new stake in American Express in the fourth quarter valued at about $26,000. Caitong International Asset Management Co. Ltd acquired a new stake in American Express during the fourth quarter valued at approximately $28,000. Finally, Wilkerson Advisory Group LLC bought a new position in American Express during the 4th quarter worth approximately $29,000. 84.33% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth A number of brokerages have recently weighed in on AXP. HSBC boosted their price target on American Express from $312.00 to $329.00 and gave the company a “hold” rating in a report on Monday, July 13th. Evercore began coverage on American Express in a research note on Monday, July 13th. They set a “neutral” rating on the stock. Bank of America lifted their price objective on shares of American Express from $387.00 to $391.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. Loop Capital initiated coverage on shares of American Express in a report on Thursday, May 21st. They set a “buy” rating and a $389.00 target price on the stock. Finally, Morgan Stanley upgraded shares of American Express from a “positive” rating to an “overweight” rating in a research report on Monday, July 13th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, American Express has a consensus rating of “Moderate Buy” and an average target price of $374.11.

Read Our Latest Stock Analysis on AXP

American Express Trading Down 1.0% Shares of NYSE AXP opened at $351.81 on Tuesday. The company has a market cap of $240.05 billion, a price-to-earnings ratio of 21.95, a price-to-earnings-growth ratio of 1.43 and a beta of 1.04. American Express Company has a 12-month low of $288.34 and a 12-month high of $387.49. The company has a current ratio of 1.57, a quick ratio of 1.56 and a debt-to-equity ratio of 1.73. The stock’s 50 day simple moving average is $330.18 and its 200 day simple moving average is $330.87.

American Express (NYSE:AXP – Get Free Report) last issued its quarterly earnings data on Thursday, April 23rd. The payment services company reported $4.28 EPS for the quarter, topping analysts’ consensus estimates of $4.01 by $0.27. American Express had a return on equity of 33.95% and a net margin of 15.13%.The firm had revenue of $14.21 billion during the quarter, compared to the consensus estimate of $18.60 billion. During the same period in the prior year, the business earned $3.64 EPS. The firm’s revenue was up 11.4% on a year-over-year basis. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Equities research analysts expect that American Express Company will post 17.67 EPS for the current year.

American Express Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Shareholders of record on Thursday, July 2nd will be given a $0.95 dividend. The ex-dividend date is Thursday, July 2nd. This represents a $3.80 annualized dividend and a yield of 1.1%. American Express’s dividend payout ratio is 23.71%.

American Express Profile (Free Report)

American Express is a global financial services company primarily known for its payment card products, travel services and merchant network. Founded in 1850 as an express mail business, the company evolved through the 20th century into a payments and travel-focused organization. Its core activities include issuing consumer and commercial charge and credit cards, operating a global card acceptance and processing network, and providing travel-related services and customer loyalty programs.

American Express issues a range of products for individuals, small businesses and large corporations, including personal cards, business and corporate cards, and co‑brand partnerships with airlines, hotels and retailers.

Featured Articles Five stocks we like better than American Express The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story

Receive News & Ratings for American Express Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Express and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEAllspring Global Investments Holdings LLC Raises Stock Holdings in Ingram Micro Holding Corporation $INGM

NEXT HEADLINE »Allspring Global Investments Holdings LLC Has $23.56 Million Stock Holdings in Acadian Asset Management Inc. $AAMI

Posted by Defense World Staff on Jul 21st, 2026

Allspring Global Investments Holdings LLC raised its stake in Lowe’s Companies, Inc. (NYSE:LOW – Free Report) by 5.9% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 108,324 shares of the home improvement retailer’s stock after acquiring an additional 6,070 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Lowe’s Companies were worth $25,562,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Swiss RE Ltd. acquired a new stake in Lowe’s Companies during the fourth quarter worth approximately $25,000. Wilkerson Advisory Group LLC purchased a new stake in Lowe’s Companies during the fourth quarter valued at about $27,000. OLD Second National Bank of Aurora grew its holdings in shares of Lowe’s Companies by 52.5% during the 4th quarter. OLD Second National Bank of Aurora now owns 122 shares of the home improvement retailer’s stock worth $29,000 after purchasing an additional 42 shares during the period. Sankala Group LLC purchased a new stake in Lowe’s Companies during the fourth quarter worth approximately $33,000. Finally, Triumph Capital Management acquired a new position in shares of Lowe’s Companies during the 3rd quarter valued at $34,000. 74.06% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Lowe’s Companies In other Lowe’s Companies news, EVP Juliette Williams Pryor sold 9,330 shares of the company’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $224.81, for a total transaction of $2,097,477.30. Following the sale, the executive vice president owned 16,142 shares in the company, valued at $3,628,883.02. This represents a 36.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Margrethe R. Vagell sold 2,500 shares of Lowe’s Companies stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $223.83, for a total value of $559,575.00. Following the completion of the transaction, the executive vice president owned 20,220 shares of the company’s stock, valued at approximately $4,525,842.60. The trade was a 11.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 25,980 shares of company stock valued at $5,796,937 over the last three months. 0.29% of the stock is owned by insiders.

Lowe’s Companies Stock Down 1.9% LOW stock opened at $204.76 on Tuesday. Lowe’s Companies, Inc. has a 52-week low of $203.40 and a 52-week high of $293.06. The stock’s 50 day moving average is $216.62 and its two-hundred day moving average is $241.29. The company has a market capitalization of $114.81 billion, a PE ratio of 17.31, a P/E/G ratio of 2.64 and a beta of 0.86.

Lowe’s Companies (NYSE:LOW – Get Free Report) last released its earnings results on Wednesday, May 20th. The home improvement retailer reported $3.03 EPS for the quarter, beating the consensus estimate of $2.97 by $0.06. The company had revenue of $23.08 billion during the quarter, compared to analysts’ expectations of $22.98 billion. Lowe’s Companies had a negative return on equity of 67.96% and a net margin of 7.51%.The business’s revenue was up 10.3% on a year-over-year basis. During the same period in the prior year, the business posted $2.92 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. As a group, sell-side analysts anticipate that Lowe’s Companies, Inc. will post 12.48 EPS for the current year.

Lowe’s Companies Increases Dividend The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 5th. Investors of record on Wednesday, July 22nd will be paid a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a yield of 2.4%. This is a positive change from Lowe’s Companies’s previous quarterly dividend of $1.20. The ex-dividend date is Wednesday, July 22nd. Lowe’s Companies’s payout ratio is 40.57%.

Analyst Upgrades and Downgrades LOW has been the subject of several recent research reports. Royal Bank Of Canada lowered their price target on Lowe’s Companies from $264.00 to $232.00 and set a “sector perform” rating for the company in a report on Thursday, May 21st. Sanford C. Bernstein reduced their price target on Lowe’s Companies from $303.00 to $281.00 and set an “outperform” rating on the stock in a research report on Thursday, May 14th. JPMorgan Chase & Co. lowered their price objective on shares of Lowe’s Companies from $325.00 to $279.00 and set an “overweight” rating for the company in a research report on Thursday, May 21st. Raymond James Financial lowered shares of Lowe’s Companies from a “market perform” rating to a “market perform” rating in a research note on Tuesday, May 12th. Finally, Oppenheimer reduced their target price on shares of Lowe’s Companies from $315.00 to $275.00 and set an “outperform” rating on the stock in a research report on Monday, May 18th. Twenty-three equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $264.57.

View Our Latest Research Report on Lowe’s Companies

Lowe’s Companies Profile (Free Report)

Lowe’s Companies, Inc is a leading home improvement retailer that operates large-format stores and digital channels serving both do-it-yourself homeowners and professional contractors. The company offers a broad assortment of products including building materials, lumber, appliances, tools and hardware, plumbing and electrical supplies, paint, flooring, kitchen and bath fixtures, outdoor and garden products, and home decor. Lowe’s also provides a range of services such as installation, home improvement financing, tool and equipment rental, and contractor-focused sales programs.

Operations are centered on a nationwide brick-and-mortar store network supported by distribution centers and an e-commerce platform that enables online ordering, delivery and in-store pickup.

Further Reading Five stocks we like better than Lowe’s Companies The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding LOW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lowe’s Companies, Inc. (NYSE:LOW – Free Report).

Receive News & Ratings for Lowe's Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lowe's Companies and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEAllspring Global Investments Holdings LLC Buys 148,067 Shares of Levi Strauss & Co. $LEVI

NEXT HEADLINE »Enovis Corporation $ENOV Shares Bought by Allspring Global Investments Holdings LLC