Srinath
5477 posts
Alaska Airlines adds Athens and Paris as Seattle long-haul bet moves from experiment to network strategy
Alaska Airlines will add Seattle-Athens and Seattle-Paris in May 2027, taking its intercontinental network to seven destinations as the Hawaiian merger turns widebody flying into a central growth strategy.
August 21, 2026
Ross Stores lifts fiscal 2026 profit outlook after Q2 beat driven by traffic
Ross Stores lifted FY26 EPS guidance to $8.61-$8.77 as Q2 comparable sales rose 10% on traffic and tariff refunds added $253M; H2 comp guide slows to 4-7%.
August 21, 2026
JD Sports shares tumble as North America sales slide 6.8% and FY27 profit guidance falls
JD Sports cut its FY27 profit outlook after North American like-for-like sales fell 6.8%, raising fresh questions about its U.S. recovery, footwear cycle and cash-return strategy.
August 21, 2026
Opera Limited has used just 9% of its $300m buyback. At $18, the rest could retire another 17% of shares
Opera Limited has deployed only $28.1 million of its two-year $300 million repurchase authorization. With OPRA near $18, the remaining capacity is equivalent to roughly 17% of the current share count, although completing it would require substantially more than first-half free cash flow.
August 21, 2026
US national debt crosses $40tn as interest costs and Treasury yields intensify fiscal pressure
United States federal debt has surpassed $40 trillion for the first time, doubling in less than a decade as rising interest costs, persistent deficits and surging long-term Treasury yields increase pressure on Washington’s finances.
August 21, 2026
Marvell’s Google AI chip deal could unlock $120bn as Broadcom faces new TPU rival
Marvell’s Google AI chip deal could unlock $120 billion of revenue and a 6% Google stake, reshaping $MRVL while Broadcom’s TPU dominance faces a new test.
August 20, 2026
Somnigroup, Leggett & Platt merger now hinges on five foreign regulators
Leggett & Platt shareholders cleared the Somnigroup merger, but five foreign regulators and a volatile SGI share price now determine what LEG holders receive.
August 20, 2026
Hudson River Trading picks CoreWeave for next-gen AI trading research platform
CoreWeave signs multi-billion-dollar AI cloud deal with Hudson River Trading, its third marquee quant win of 2026 after Jane Street and IMC contracts.
August 20, 2026
Defence Holdings (LSE: ALRT) open letter: Can Andrew Roughan convince shareholders the Defence Fund structure works?
Defence Holdings CEO defends £2m cornerstone in insider-linked Defence Fund after ALRT shares fell 22%; Q3 first close is the next real test for shareholders.
August 20, 2026
Santander’s $12.2bn Webster deal reaches closing day as US profitability target faces its real test
Santander’s $12.2 billion Webster acquisition is expected to complete on August 20, shifting attention from regulatory clearance to $800 million of synergies and an 18% U.S. RoTE target.
August 20, 2026