The judge in Canoo’s bankruptcy case has blocked an attempt by a mysterious financier to disrupt the sale of the EV startup’s assets. In a hearing Tuesday, Judge Brendan Linehan Shannon ruled the financier, a UK-based man named Charles Garson, lacked standing to request the sale to Canoo’s own CEO be vacated. While Garson had told the court he was willing to pay as much as $20 million for Canoo’s assets, he missed the deadline to formally submit that bid. Garson also never made it clear where he was sourcin ...

Core Insights - Walmart is nearing the ability to deliver to 95% of the US population within three hours, which is faster than Amazon, although Walmart's product selection for this service is smaller [1] - The company has seen a significant increase in three-hour deliveries, nearly doubling the volume compared to the previous year, contributing to its e-commerce business achieving a quarterly profit for the first time [2] - Walmart's extensive network of over 4,600 stores and investments in fulfillment centers and automated supply chains are key advantages in managing delivery operations [3] Delivery Operations - The concept of "densification" allows Walmart to spread delivery costs over a larger volume of packages, enhancing profitability [2] - Customers are increasingly willing to pay for expedited delivery services, with Walmart+ offering fast grocery delivery and other customers paying fees for quick delivery options [2] - Walmart has developed a suite of apps to streamline the ordering and delivery process for customers, workers, and delivery drivers [4] Revenue Streams - The company is diversifying its revenue by selling warehousing and delivery services to other businesses, alongside a growing advertising sales business [4] - These additional revenue streams support Walmart's ability to maintain fast delivery speeds while keeping costs low [4] - The efficiency of Walmart's delivery operations was demonstrated during peak times like Easter and Mother's Day, showcasing the importance of convenience in retail [5]

Group 1: Company Performance - Netflix has returned 32.2% year-to-date, outperforming the average gain of 5.1% in the Consumer Discretionary group [4] - The Zacks Consensus Estimate for Netflix's full-year earnings has increased by 3% over the past 90 days, indicating improved analyst sentiment and a stronger earnings outlook [3] - Netflix is ranked 2 (Buy) in the Zacks Rank system, which focuses on earnings estimates and revisions [3] Group 2: Industry Context - Netflix belongs to the Broadcast Radio and Television industry, which has gained about 21.8% year-to-date, indicating that Netflix is performing better than its industry peers [5] - In contrast, the Consumer Products - Discretionary industry, which includes PIGEON CORP, has seen a decline of -8.9% since the beginning of the year [6] - PIGEON CORP has outperformed the Consumer Discretionary sector with a year-to-date return of 48.9% and also holds a Zacks Rank of 2 (Buy) [4][5]

Investors interested in Retail-Wholesale stocks should always be looking to find the best-performing companies in the group. Has Beyond (BYON) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Beyond is one of 208 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #9 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use a variety of methods, inc ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? ...

Group 1: Company Performance - Aeva Technologies, Inc. has gained approximately 258.5% year-to-date, significantly outperforming the average loss of 9.7% in the Auto-Tires-Trucks sector [4] - The Zacks Consensus Estimate for Aeva's full-year earnings has increased by 20.7% over the past 90 days, indicating improved analyst sentiment [4] - Aeva Technologies, Inc. holds a Zacks Rank of 2 (Buy), suggesting a favorable outlook for the stock [3] Group 2: Industry Comparison - Aeva Technologies, Inc. belongs to the Automotive - Original Equipment industry, which has seen an average gain of 2% this year, indicating that AEVA is performing better than its industry peers [6] - In contrast, Bridgestone Corp., which is part of the Automotive - Foreign industry, has a year-to-date return of 23.7%, while its industry has declined by 2.3% [5][6] - The Auto-Tires-Trucks sector currently ranks 14 out of 16 in the Zacks Sector Rank, reflecting a relatively weaker performance compared to other sectors [2]

For those looking to find strong Consumer Staples stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Cervecerias Unidas (CCU) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Cervecerias Unidas is one of 178 individual stocks in the Consumer Staples sector. Collectively, these companies sit at #13 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zac ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe ...

For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Banco Comercial Portugues S.A. Unsponsored ADR (BPCGY) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Banco Comercial Portugues S.A. Unsponsored ADR is one of 858 individual stocks in the Finance sector. Coll ...