Ulta Beauty (ULTA) Q2 FY2026 Earnings: Beat and Raise, But Why Did the Stock Fall 4%?
Ulta Beauty posted Q2 FY2026 EPS of $6.55 (beat by $0.38) and $3.04B revenue (+8.9%). Guidance was raised, yet the stock fell ~4.2% on August 28. Here's the analysis.
Philip Morris and Altria Revive Manufacturing Ties — What the Duty Drawback Deal Means for PM and MO
PMI and Altria signed a cigarette manufacturing pact (Aug. 23–24, 2026). MO surged ~3.8%, PM +2.60%. The deal taps a duty drawback worth potentially $12B industry-wide.
Trump Announces Venezuela Oil Deal — CVX Nears Two New Fields; SLB Signed, HAL in Talks
Trump announced a private U.S. JV with 55% stake in 65B Venezuelan barrels. Chevron nears two new fields; SLB signed; HAL in talks. CVX, HAL, SLB investor guide.
Google Revises EEA Spam Policy to Avert DMA Fine — What GOOGL Investors Need to Know
Google halts manual EEA spam demotions from Aug. 30 to avoid a DMA fine. After €890M in July rulings and $40B max exposure, the probe is a key regulatory risk for GOOGL.
Autodesk (ADSK) Q2 FY2027: Revenue and EPS Beat, but cRPO Slows to 12% — Stock Drops 5%
Autodesk Q2 FY2027: revenue $2.05B and EPS $3.30 both beat, but ADSK fell 5% AH as cRPO decelerated to 12% and EPS guidance trailed forecasts.
Warsh Says Fed Has 'Work to Do' at Jackson Hole — September Rate Hike Odds Surge Past 57%
Warsh's hawkish Jackson Hole debut pushed September rate hike odds from ~35.5% to above 57% (CME FedWatch). July PCE held at 3.7% YoY; 2-year Treasury +6bps to ~4.30%.
Walmart Ends Federal Opioid Fight After More Than Five Years — DOJ Terms Undisclosed, Stock Edges Higher
Walmart and the DOJ settled the federal opioid lawsuit on Aug. 28, 2026. Terms undisclosed. WMT +0.4%. What the resolution means for investors.
Kimberly-Clark $48.7B Kenvue Takeover: EU Deadline Sept. 29 as China SAMR Adds Risk
KMB seeks EU approval for $48.7B Kenvue deal; EC deadline Sept 29. US antitrust cleared; China SAMR in Phase 2. Deal creates $32B revenue company with $2.1B in synergies.
Nvidia Reportedly in Advanced Talks to Acquire Hugging Face for $12.9 Billion
Nvidia is reportedly in advanced talks to acquire Hugging Face for $12.9B — its largest acquisition to close if completed, valuing the open-weight AI hub at 86x ARR.
Advent and Stripe Abandon PayPal (PYPL) Bid at $60.50
Advent International and Stripe have abandoned their pursuit of PayPal (NASDAQ: PYPL), Bloomberg reported late Thursday. The awkward part is where the stock already sits: PayPal closed above the $60.50 a share the two bidders declined to raise.
Moderna (MRNA) Plans Up to $2.3B Zero-Interest Offering After 9.2% Loan
Moderna (NASDAQ: MRNA) intends to pay no interest at all on the $2 billion it is raising this week. About ten months ago the same company signed a credit facility that as of June 30 carried a floating rate of roughly 9.2%, pledging nearly everything it owned as security.
Salesforce Q2 FY2027: Agentforce AWUs +97% QoQ, Claudeforce Announced With Anthropic
Salesforce Q2 FY2027: revenue $11.35B (+11%), Agentforce AWUs +97% QoQ to 3.2B. Claudeforce announced with Anthropic. FY2027 guidance raised to $46.1-$46.4B. CRM +13-14% AH.