🛒 Everyday low prices

Good evening. Apologies for not checking in yesterday. Walmart’s poor earnings only added fuel to tariff worries, and now investors are starting to doubt whether the Fed will move ahead with a rate cut in September.

⬆︎⬇︎ 1-day change
Market data: today’s market close

WINNERS

⬆︎11.68% XPeng

Putting his money where his drive is. CEO He Xiaopeng boosted his stake in the EV company by buying 3.1 million shares this week, adding to the 1 million he picked up around the same time last year. With all his holdings combined, he now controls about 18.9% of the company. [Read more]

⬆︎3.71% HPE

Morgan Stanley just upgraded the the maker of servers and networking gear from Equal-weight to Overweight and lifted its price target from $22 to $28. Strong corporate spending on AI computing and networking equipment, plus signs of recovery in servers and storage gives them enough reason to think so. [Read more]

⬆︎⬇︎ 1-day change
Market data: today’s market close

IN PARTNERSHIP WITH PACASO

Former Zillow exec targets $1.3T

The top companies target big markets. Like Nvidia growing ~200% in 2024 on AI’s $214B tailwind. That’s why the same VCs behind Uber and Venmo also backed Pacaso. Created by a former Zillow exec, Pacaso’s co-ownership tech transforms a $1.3 trillion market. With $110M+ in gross profit to date, Pacaso just reserved the Nasdaq ticker PCSO.

Invest for $2.90/Share

_{Paid advertisement for Pacaso’s Regulation A offering. Read the offering circular at invest.pacaso.com. Reserving a ticker symbol is not a guarantee that the company will go public. Listing on the NASDAQ is subject to approvals.}

LOSERS

⬇︎4.49% Walmart

🔔 Earnings report - You win, Walmart doesn’t. U.S. same-store sales rising 4.6%, showing growth is coming from existing stores rather than just expansion. But profits fell short (for the first time in three years) as tariffs, legal charges, and restructuring costs took a toll. The company said it’s still absorbing much of the tariff impact instead of fully passing higher costs to shoppers. [Read more]

⬇︎7.15% Cracker Barrel

Never bet against nostalgia. The Southern restaurant chain, known for its homestyle cooking, dropped its iconic man-and-barrel logo in the hopes of modernizing the brand, but longtime customers and conservatives (including Donald Trump Jr) quickly criticized the move as abandoning tradition. [Read more]

⬇︎21.60% Coty

🔔 Earnings report - Full makeup can’t cover these numbers. The beauty company behind CoverGirl shocked investors with a quarterly loss as retailers pulled back on orders. Revenue fell 8% from last year, operating margins shrank, and the company burned through more than $130 million in cash. And yes, tariffs are dragging too. [Read more]

⬆︎⬇︎ 1-day change
Market data: today’s market close

EXTRA

FEEDBACK