Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for Macy's due to lower revenues, with a focus on how actual results compare to estimates impacting stock price [1][2] Earnings Expectations - Macy's is expected to report quarterly earnings of $0.19 per share, reflecting a year-over-year decrease of 64.2% [3] - Revenue projections stand at $4.74 billion, which is a 4% decline from the previous year [3] Estimate Revisions - The consensus EPS estimate has been revised 8.62% higher in the last 30 days, indicating a reassessment by analysts [4] - A positive Earnings ESP of +7.53% suggests analysts have recently become more optimistic about Macy's earnings prospects [12] Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive reading is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [10] - Macy's currently holds a Zacks Rank of 3, indicating a likelihood of beating the consensus EPS estimate [12] Historical Performance - In the last reported quarter, Macy's exceeded the expected earnings of $0.14 per share by delivering $0.16, resulting in a surprise of +14.29% [13] - Over the past four quarters, Macy's has beaten consensus EPS estimates three times [14] Conclusion - While Macy's is positioned as a compelling earnings-beat candidate, other factors should also be considered when evaluating the stock ahead of its earnings release [17]

Core Viewpoint - The collaboration between Macy's Media Network and Amazon Retail Ad Service signifies a transformative shift in the retail media advertising landscape, enhancing the advertising purchasing process and reflecting deep changes within the industry [1][2]. Collaboration Details: New Advertising Pathways - The partnership allows advertisers to purchase sponsored product ads directly on Macy's e-commerce site through Amazon's advertising platform, simplifying the advertising procurement process [2]. - Macy's aims to provide brands with easier access to advertising resources, breaking down traditional barriers in the advertising process [2]. - A pilot project is set to launch in the fall of this year to validate the collaboration model [2]. Industry Context: Competitive Landscape - The retail media advertising technology sector is experiencing intense competition, with emerging players like Koddi, Mirakl, and Topsort challenging established companies like Criteo [3]. - Despite initial concerns from retailers about partnering with Amazon due to competition and data privacy issues, Macy's decision to collaborate is seen as a significant move in the industry [3]. Data Security: Safeguarding Customer Information - Macy's will not share personally identifiable customer data with Amazon, instead opting for a limited data-sharing mechanism through AWS clean rooms to support sales attribution analysis [4]. - This approach aims to address industry concerns regarding data privacy while enabling effective advertising performance monitoring [4]. Industry Impact: Butterfly Effect in Retail Media - The partnership marks a significant shift in advertising dynamics, as it opens the door for larger retail groups to engage with Amazon's advertising services [7]. - The collaboration is expected to enhance advertising efficiency and effectiveness for advertisers, allowing for a more integrated approach to ad purchasing [8]. Competitive Dynamics: Traditional vs. Emerging Players - The collaboration poses a new challenge for traditional advertising technology firms like Criteo, which may face increased pressure on their market share due to the alliance between Macy's and Amazon [9]. - Criteo's recent struggles, including losing major clients, highlight the competitive pressures intensified by this partnership [9]. Future Outlook: Industry Chain Reactions - The collaboration may prompt other retailers to reconsider their partnerships with Amazon, potentially leading to broader adoption of Amazon's retail advertising services [10]. - Advertising technology firms will need to innovate and adapt to the competitive landscape shaped by this partnership, with a focus on enhancing their technological advantages [10]. - The trend towards decentralized and collaborative advertising strategies is expected to become more pronounced, requiring brands to refine their advertising approaches across multiple platforms [10]. Conclusion: Accelerating Change in Retail Media - The partnership between Macy's and Amazon is a catalyst for change in the retail media industry, influencing strategic choices, technological innovations, data security, and consumer rights [11].

Core Viewpoint - Myriad Uranium Corp. is initiating a follow-on non-brokered private placement financing to raise $125,000 by issuing 500,000 units at $0.25 per unit, with proceeds intended for general working capital [1][2]. Group 1: Financing Details - The financing will consist of 500,000 units, each unit comprising one common share and one-half of a common share purchase warrant, with each full warrant allowing the purchase of one share at an exercise price of $0.35 for 24 months [1]. - The financing is being conducted to meet the investment requirements of a key institutional investor [2]. - Securities issued will be subject to a four-month hold period in accordance with Canadian securities laws [2]. Group 2: Company Overview - Myriad Uranium Corp. holds a 75% interest in the Copper Mountain Uranium Project in Wyoming, which has historical uranium deposits and mines, including the Arrowhead Mine that produced 500,000 lbs of U3O8 [4]. - The Copper Mountain project has seen extensive drilling, with approximately 2,000 boreholes drilled, indicating significant exploration potential [4]. - The company has also acquired a 100% interest in the Red Basin Uranium Project in New Mexico, which has a near-surface historical resource with grades ranging from 1,700 to 3,100 ppm [4]. Group 3: Additional Interests - Myriad holds a 50% interest in the Millen Mountain Property in Nova Scotia, Canada, with the other 50% held by Probe Gold Inc. [5].

Core Viewpoint - Myriad Uranium Corp. and Rush Rare Metals Corp. have signed a letter of intent for a proposed merger, where Myriad will acquire 100% of Rush's outstanding shares, with a share exchange ratio of one Myriad share for every two Rush shares [1][2][3] Company Overview - Myriad Uranium Corp. is a uranium exploration company with a 75% interest in the Copper Mountain Uranium Project located in Wyoming, USA, which has historical uranium deposits and mines [5][6] - Rush Rare Metals Corp. is involved in the merger with Myriad, which aims to consolidate ownership of the Copper Mountain Project for enhanced value [2][3] Merger Details - Under the proposed arrangement, all of Rush's convertible securities will be converted to Myriad shares, and Rush will create a subsidiary, Rush Spinco, to hold its Boxi Property in Quebec [1][2] - The merger is expected to provide Rush shareholders with shares in both Myriad and Rush Spinco, allowing them to retain an interest in the Boxi property [3][4] Strategic Rationale - Both companies believe that unified ownership of the Copper Mountain Project will significantly increase its value and attract institutional investors [3] - Myriad's management emphasizes the historical investment and data supporting the potential of Copper Mountain as a district-scale uranium source for the U.S. [3][6] Conditions for Closing - The transaction is subject to several conditions, including mutual due diligence, execution of a definitive agreement, and approvals from Rush shareholders, the British Columbia Supreme Court, and the Canadian Securities Exchange [4]

Core Insights - Macy's has a strong history of beating earnings estimates and is well-positioned for future earnings success [1][2] - The average surprise for Macy's in the last two quarters was 15.21%, indicating consistent performance above expectations [2] - Macy's current Earnings ESP is +8.70%, suggesting analysts are optimistic about the company's earnings prospects [8] Earnings Performance - In the most recent quarter, Macy's reported earnings of $0.14 per share against an expectation of $0.16, resulting in a surprise of 14.29% [2] - For the previous quarter, Macy's exceeded the consensus estimate of $1.55 per share by reporting $1.80, achieving a surprise of 16.13% [2] Earnings ESP and Zacks Rank - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) indicates a high likelihood of another earnings beat, with a success rate of nearly 70% for stocks with this profile [5][6] - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [7]

Core Viewpoint - Macy's stock has experienced a decline of 2.99% in the latest trading session, underperforming compared to major indices, despite a significant increase of 17.67% over the past month [1] Financial Performance - The upcoming earnings report for Macy's is projected to show an EPS of $0.18, reflecting a 66.04% decrease year-over-year, with revenue expected to be $4.74 billion, down 4.03% from the same quarter last year [2] - For the entire year, earnings are forecasted at $1.78 per share and revenue at $21.27 billion, indicating declines of 32.58% and 4.57% respectively compared to the previous year [3] Analyst Estimates - Changes in analyst estimates for Macy's are crucial as they reflect short-term business trends, with positive revisions indicating a favorable outlook on business health and profitability [4] - The Zacks Rank system, which considers estimate changes, currently rates Macy's at 4 (Sell), indicating a less favorable outlook [6] Valuation Metrics - Macy's is trading at a Forward P/E ratio of 7.69, significantly lower than the industry average of 17.2, suggesting that the stock is trading at a discount [7] - The Retail - Regional Department Stores industry, to which Macy's belongs, ranks in the bottom 22% of all industries, with a current Zacks Industry Rank of 194 [7][8]

Core Viewpoint - Myriad Uranium Corp. is actively advancing its uranium exploration projects, particularly the Copper Mountain Uranium Project in Wyoming and the Red Basin Project in New Mexico, with significant upcoming catalysts that could enhance resource estimates and project economics [1][4][6]. Company Overview - Myriad Uranium Corp. holds a 75% interest in the Copper Mountain Uranium Project and a 100% interest in the Red Basin Project [1][5]. - The Copper Mountain project has historical significance, with past production from the Arrowhead Mine totaling 500,000 lbs of U₃O₈ during the 1950s and 60s [5]. - Approximately 2,000 boreholes have been drilled at Copper Mountain, with Union Pacific having invested an estimated US$78 million in exploration and development [6]. Upcoming Catalysts - An important upcoming catalyst is the assay of around 1,500 additional samples from late 2024 drilling at Copper Mountain, which could confirm new mineralization and enhance resource estimates [4]. - Positive assay results could significantly improve grades and interval thicknesses, potentially positioning Copper Mountain as one of the largest uranium projects in the U.S. [6]. Project Details - The Red Basin Project contains shallow historical uranium resources and offers strong potential for resource expansion, with a planned geophysical survey in 2025 [6]. - Myriad has also expanded its acreage to encompass approximately 800 of 1,050 historical boreholes in the Red Basin [6]. Investor Engagement - Myriad's CEO, Thomas Lamb, will present at the Metals & Mining Virtual Investor Conference on July 24, 2025, providing an opportunity for real-time investor engagement [1][2].

Core Insights - Myriad Uranium Corp. has entered into three service agreements for investor relations services, enhancing its strategic communication and visibility in the uranium sector [1][2][3] Group 1: Service Agreements - Myriad has signed a Service Agreement with Departures Capital Inc. for strategic consulting and investor communications, effective July 16, 2025, for a one-year term, with a payment of US$25,000 (approximately C$34,500) [1] - A Service Agreement with SOMA Public Relations has been established for strategic communications services from August 1, 2025, to November 30, 2025, totaling $30,000 ($7,500 per month) [2] - Myriad has also entered into a Professional Services Agreement with HoldCo Markets Advisory Inc. for research and social media services, effective July 15, 2025, for one year, with a total payment of $39,600 ($3,300 per month) [3] Group 2: Project Developments - The CEO of Myriad highlighted the potential of the Copper Mountain Uranium Project, indicating that recent assays show significantly higher uranium grades than previously reported, suggesting the presence of more mineralization than initially thought [4] - The project has a historical investment of C$117 million (2024 dollars) in exploration and development, with over 2,000 historical boreholes drilled [4][10] - Myriad is conducting an additional ~1,500 assays to potentially upgrade existing intervals and expand the project's scale and grade [4] Group 3: Historical Estimates and Resources - Historical estimates related to the Copper Mountain Project are considered relevant but should not be relied upon as current mineral resources or reserves, as they have not been verified by a qualified person [5][6] - The nature of the mineralization at Copper Mountain presents inherent limitations in estimating resources from drill data [6][7] - A program of digitization and re-logging or re-drilling is required to verify historical estimates and establish current resources [8]

Summary of Key Points Core Viewpoint - Macy's Inc (NYSE:M) stock is facing significant resistance around the $12.60 level, which has limited gains for the past couple of months, and the 100-day moving average is also exerting overhead pressure, indicating potential downturns in the future [1] Group 1: Stock Performance - The stock is currently trading at $12.59, reflecting a 1.1% increase [1] - Since reaching a four-year low of $9.76 on April 8, Macy's stock has struggled to recover and is down approximately 26% year-to-date [3] Group 2: Technical Indicators - The stock is within 0.75 of the 100-day moving average's 20-day average true range (ATR), having spent over 80% of the last 10 days and two months above this level [2] - Historical data shows that after similar technical signals in the past three years, Macy's stock was lower one month later 80% of the time, averaging a 7.8% loss, which would place the shares at approximately $11.61 if this trend continues [2] Group 3: Options Market Sentiment - There is a potential unwinding of optimism among options traders, as indicated by a high 10-day call/put volume ratio of 7.47, which ranks higher than 86% of readings from the past year [3]

Group 1: Price Trends and Inflation - The implementation of new tariffs by the Trump administration is leading to noticeable price increases in various retail categories, particularly in footwear, apparel, and bags, with a trend of "tagged inflation" emerging [1][2] - DataWeave's analysis shows that footwear prices have risen by approximately 4%, with specific increases of 4.2% at Macy's, 3.1% at Nordstrom, and 2% at Dillard's [1] - Apparel prices have seen more moderate increases, with Dillard's at 2%, Macy's at 1.9%, and Nordstrom at 1.8% [1] Group 2: Supply Chain and Tariff Impact - The price increase is closely linked to the type of product and supply chain structure, with footwear heavily reliant on Chinese manufacturing, making it sensitive to tariff changes [2] - A survey by the Footwear Distributors and Retailers of America (FDRA) indicates that over half of the respondents expect retail prices to rise by 6% to 10% due to increased tariffs [2] - The American Apparel and Footwear Association (AAFA) has warned that new tariffs on back-to-school items could lead to price increases of 10% to 30% [2] Group 3: Trade Agreements and Future Implications - The recent trade agreement with Vietnam, imposing a 20% tariff on Vietnamese goods and up to 40% on "transshipped" products, poses a significant challenge for brands like Nike, Lululemon, and H&M that rely on Vietnamese manufacturing [3] - Vietnam is projected to surpass China as the largest supplier of footwear to the U.S. by 2025, with 274 million pairs of shoes imported in 2024, accounting for over half of the total sneaker imports [3] - The overall import costs are expected to rise significantly due to the combination of existing tariffs and the new agreement [3] Group 4: Consumer Behavior and Market Response - Retailers are beginning to pass on the price increases to consumers, with the National Retail Federation noting that the impact of tariffs is becoming evident on retail shelves [4] - The former CEO of Walmart highlighted that consumer choices will ultimately determine whether inflation trends will solidify, as consumers may opt for non-tariffed alternatives if prices rise [4] - Investment analysts are observing that core import prices have already increased, indicating that inflationary pressures are beginning to transmit through the supply chain [4]