U.S. General Merchandise and Department Stores Stock News

PepsiCo (PEP) is back in focus after its latest quarterly update showed firm international momentum alongside softer North American volumes, even as the company maintained its full year outlook and continued leaning on promotions and price cuts. See our latest analysis for PepsiCo. PepsiCo’s latest Q2 earnings beat and fresh product collaborations, such as the Flamin’ Hot partnership with Circle K, have not translated into strong momentum. The share price is down 11.06% over 90 days and the 3...

Intel’s planned €5b expansion of its Irish semiconductor facilities has put fresh attention on US-listed multinationals that already run large European operations. For investors, this kind of cross-Atlantic footprint can cut both ways, offering potential exposure to local policy support as well as regional execution risks. With AI data-centre demand and the EU’s chip ambitions in the spotlight, it is worth asking which stocks could be helped most by this wave of investment and manufacturing...

AppLovin's stock has fallen sharply in recent weeks, following a very large three year gain, and the valuation checks now suggest the shares still lean cheap rather than stretched after this pullback. Over the last three years, AppLovin has delivered a return of about 14.6x, which now sits against a recent drawdown that has reset near term sentiment. Expectations around the AXON driven expansion into e commerce advertising can support the current pricing, while reputational and geopolitical...

Seagate Technology Holdings (STX) moved back into focus after a sector wide selloff in chipmakers, as concerns around an overextended AI rally and weaker sentiment in South Korea weighed on AI infrastructure and memory stocks. See our latest analysis for Seagate Technology Holdings. Despite the latest sector driven pullback, with a 1 day share price return of down 5.46% and 30 day share price return of down 7.56%, Seagate Technology Holdings still shows strong momentum overall. This is...

Rocket Lab (NasdaqGS:RKLB) announced an agreement to acquire Iridium Communications in an all stock deal valued at about US$8b. The transaction will add Iridium's operational low Earth orbit satellite constellation and exclusive spectrum rights to Rocket Lab's portfolio. The acquisition extends Rocket Lab's reach from launch and hardware into global satellite connectivity services. For investors following Rocket Lab, this deal marks a shift from being primarily a launch and space systems...

On July 2, 2026, Shopify Inc. announced that board member and Audit Committee Chair Prashanth Mahendra-Rajah resigned immediately to take a full-time role at the U.S. Department of Commerce, with Board Chair and Lead Independent Director Joe Natale expected to assume the Audit Committee Chair position. At the same time, multiple analysts upgraded their views on Shopify, highlighting AI-driven capabilities and evolving partner programs as important drivers of the company’s role in powering...

Amentum Holdings (AMTM) has drawn investor attention after its ASCEND joint venture received NASA’s Consolidated Spaceflight Mission Operations and Systems contract, a business win tied to several high-profile human spaceflight programs. See our latest analysis for Amentum Holdings. Despite securing the COSMOS win, Amentum Holdings’ recent momentum has been weak, with the share price down 10.63% over 30 days and 25.66% over 90 days. A 1 year total shareholder return decline of 15.44% points...

Berkshire Hathaway (NYSE:BRK.B) has made an $8.5b acquisition offer for homebuilder Taylor Morrison Home. The deal is pending a shareholder vote and is intended to combine Berkshire Hathaway’s housing related businesses into a single operation. This is one of the first large portfolio moves under new CEO Greg Abel, highlighting his approach to managing Berkshire’s owned businesses. Berkshire Hathaway enters this potential shift in structure with its Class B shares recently closing at...

Cummins Inc.’s Board of Directors recently approved a 10% increase in its quarterly common stock cash dividend, raising it from US$2.00 to US$2.20 per share, payable on September 3, 2026 to shareholders of record as of August 21, 2026. This larger dividend payout highlights how Cummins is emphasizing cash returns to shareholders at a time when it is also investing in power systems and cleaner energy technologies. We’ll now look at how this higher dividend interacts with Cummins’ existing...

Western Digital and Kioxia Holdings are again in active merger talks focused on combining their flash memory operations. The discussions center on creating a larger player in the global NAND flash and data center memory market. A potential deal could influence pricing power, supply chains, and product offerings across the memory industry. Western Digital, listed as NasdaqGS:WDC, is back in the spotlight as renewed merger talks with Kioxia would directly touch the core of its flash business...

Sphere Entertainment (SPHR) is drawing investor interest after announcing an F1 Afterparty collaboration with the Formula 1 Heineken Las Vegas Grand Prix. The partnership features bundled race, hospitality, and concert ticket packages at the Las Vegas Sphere venue. See our latest analysis for Sphere Entertainment. Despite the F1 Afterparty announcement, Sphere Entertainment’s recent share price has eased, with the stock down 5.4% over the past month but still showing strong year to date share...

In early July 2026, S&P Global Inc. launched a fixed-income exchange offer for US$600 million of 4.250% notes due 2031 and US$400 million of 4.800% notes due 2035, while also confirming the year-end 2026 retirement plans of its Chief Legal Officer, Steven Kemps. The company also reshaped its Market Intelligence division into two focused groups, Kensho Data & Platforms and Enterprise Solutions, under refreshed leadership to align data, analytics, and workflow offerings more tightly around...

Early trial results and BLA timeline put CG Oncology in focus CG Oncology (CGON) is back in the spotlight after positive early Phase II data for cretostimogene grenadenorepvec with gemcitabine and clearer timing for a planned biologics license application in high-risk bladder cancer. See our latest analysis for CG Oncology. The recent early Phase II update and clearer BLA timeline appear to be feeding into sentiment around CG Oncology, with a 30-day share price return of 21.73% and a year to...

Allison Transmission Holdings (ALSN) has drawn fresh investor attention after securing a US$250 million contract to supply 4040 MX transmissions for BAE Systems Hägglunds’ CV90 MkIV infantry fighting vehicles. See our latest analysis for Allison Transmission Holdings. Alongside the new US$250 million defense contract, Allison Transmission Holdings has also been added to several S&P indices. The current US$115.98 share price reflects a year-to-date share price return of 17.22%, while the...

PENN Entertainment (PENN) has launched theScore Bet Sportsbook & Casino in Alberta, alongside standalone theScore Casino and Hollywood Casino apps, extending its Canadian online gaming presence across mobile and web platforms. See our latest analysis for PENN Entertainment. PENN Entertainment’s latest launch in Alberta comes after a strong 90-day share price return of 31.2% and a year to date share price return of 37.91%, even though the 5 year total shareholder return is down 69.13%. If PENN...

Ingersoll Rand recently drew attention ahead of its fiscal second-quarter 2026 earnings release, with analysts projecting diluted earnings of US$0.80 per share versus US$0.77 a year earlier and debating whether the stock is undervalued based on differing valuation methods. Investors are also weighing the benefits of Ingersoll Rand’s growing recurring, high-margin aftermarket revenue against risks from its acquisition-heavy growth model and exposure to shifting global trade policies that...

Madison Square Garden Entertainment (MSGE) is back on investor radars after announcing an expanded multi year marketing partnership with Lexus, broadening the automaker’s visibility across its flagship venues and sports properties. See our latest analysis for Madison Square Garden Entertainment. At a share price of $74.99, Madison Square Garden Entertainment has a 90 day share price return of 20.8% and a year to date share price return of 38.0%, while its 1 year total shareholder return is...

In July 2026, Broadridge Financial Solutions announced that Centralised Raiffeisen International Services & Payments, the shared service centre for Raiffeisen Bank International, upgraded to Broadridge’s next‑generation BRx Match reconciliation platform to support a projected fourfold increase in transaction volumes across 14 European and Asian markets. This long-term, cloud-based BRx Match deployment deepens a client relationship dating back to 2009 and underscores demand for higher...

SLB OneSubsea was awarded a major multi-well EPC contract by Eni for Phase 3 of the deepwater Baleine project offshore Côte d’Ivoire and, alongside this, SLB has expanded its advanced manufacturing footprint in Shreveport and committed to a new innovation facility in Kuwait. Together, these developments highlight SLB’s growing role in complex offshore production systems, large-scale manufacturing, and long-horizon technology partnerships across diverse energy markets. We’ll now explore how...

Valley National Bancorp stock has almost doubled over the past three years, yet both the Excess Returns intrinsic value estimate and traditional earnings multiples still point to the shares trading at a discount to what the business may be worth. Around 97.3% total return over three years suggests Valley National Bancorp has already rewarded shareholders strongly, so the question is whether that performance has fully closed the valuation gap. Recent progress on growing low cost deposits and...

Earlier this month, IES Holdings, Inc. filed a universal shelf registration that covers potential offerings of common stock, preferred stock, debt securities, and warrants. This filing gives the company a flexible toolkit to access capital markets quickly, which can influence expectations around future financing and corporate initiatives. Next, we’ll explore how this expanded capital-raising flexibility could shape IES Holdings’ investment narrative and risk profile for investors. Capitalize...

Somnigroup International (SGI) is back in focus after rival Sleep Number Corporation entered bankruptcy, an event that could reshape the premium mattress sector and open the door to store and intellectual property acquisitions. See our latest analysis for Somnigroup International. The recent news sits against a weaker price backdrop for Somnigroup International, with the share price down 8.24% over the past week and 19.13% year to date, while longer term total shareholder returns of 63.95%...

Halliburton (HAL) stock is back in focus after the company secured major integrated well construction contracts for the GranMorgu deepwater development offshore Suriname, in connection with a long-term drilling and completions program with TotalEnergies. See our latest analysis for Halliburton. Recent trading shows mixed momentum for Halliburton, with the share price up 2.38% over the last day and 6.70% over the past week, but down 11.09% over 30 days and 6.13% over 90 days. The 1 year total...

Recently, Fortive has been highlighted among robotics and automation companies benefiting from innovation, AI integration and expanding applications, with management emphasizing a push for faster, profitable organic growth supported by AI-enhanced product launches and targeted commercial efforts. An interesting angle is Fortive’s continued innovation in healthcare technologies, which adds a differentiated source of demand alongside its broader industrial and robotics exposure. Next, we will...