HOUSTON, Aug 7 (Reuters) – Brent crude oil climbed more than $1 a barrel on Friday over ongoing uncertainty about the negotiations in progress that determine control of, and reopen, the key shipping artery of the Strait of Hormuz. Brent crude futures settled at $83.55 a barrel, gaining $1.06, or 1.3%. West Texas Intermediate futures…
Key Points Interested in The Wendy’s Company? Here are five stocks we like better. Wendy’s reported weak second-quarter results: Global systemwide sales fell 6.5%, U.S. same-restaurant sales declined 7% as traffic dropped 12.5%, adjusted EBITDA decreased to $124.1 million, and adjusted EPS was $0.18. New CEO Bob Wright said the brand’s quality, value proposition, operations…
With partners like Nvidia (NVDA), Microsoft (MSFT) and Advanced Micro Devices (AMD), Dell Technologies (DELL) continues to ride the artificial intelligence boom to new heights. Now Dell stock is teasing a breakout into a new buy zone. As the tech-heavy Nasdaq composite shores up its recent rally, here are three indicators that bode well for…
John D. Staszak, CFA Securities Analyst: Consumer Discretionary & Consumer Staples John’s specialty at Argus includes the gaming, lodging and restaurant groups within the Consumer Discretionary sector. John earned an MBA from the University of Texas and a BA in Economics from the University of Pennsylvania. In the financial services industry, he has worked as…
William V. Selesky Senior Analyst: Basic Materials Bill covers the Basic Materials sector for Argus. He has worked in the investment business for over 15 years, including positions as a senior equity analyst for firms such as Palisade Capital Management, PaineWebber/Mitchell Hutchins Asset Management and John Hsu Capital Group. He has provided coverage on groups…
Bitcoin (BTC-USD) opened at $64,259.68 on Friday, August 7, 2026, 0.5% lower than Thursday’s opening price. As of 9:02 a.m. ET this morning, the price of bitcoin moved higher to $65,143.87. Ethereum (ETH-USD) opened at $1,902.20 on Friday, August 7, 2026, down 0.2% from Thursday’s opening price. The price of ethereum moved higher this morning…
John Eade President & Director of Portfolio Strategies John is chairman and CEO of Argus Research Group and president of Argus Research Company. Over the years, his responsibilities at Argus have included chairing the Investment Policy Committee as then director of research; helping form the firm’s overall investment strategy; writing a weekly investment column; and…
Key Points Interested in Lyft, Inc.? Here are five stocks we like better. Lyft reported record Q2 operating performance, surpassing 30 million active riders and 262 million rides. Gross bookings rose 23% year over year to $5.5 billion, adjusted EBITDA increased 37%, and trailing-12-month free cash flow exceeded $1 billion for the fourth consecutive quarter….
Concerned about an AI bubble? Sign up for The Daily Upside for smart and actionable market news, built for investors. It’s a pickle for the sandwich generation: Not enough bread to go around. More than half of American caregivers (who make up nearly three in 10 of the population) said that caregiving responsibilities have impeded…
Concerned about an AI bubble? Sign up for The Daily Upside for smart and actionable market news, built for investors. They say being a smart shopper is the first step to financial stability. Clients shopping for Medicare coverage should heed that advice if they want to avoid nasty surprises when paying for prescription drug coverage…
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