And Bryant, that brings us right to you and your valueoriented fund. Um, of course, tech a clear beneficiary from AI and we've heard a lot of talk coming from productivity gains and other sectors from the AI buildout. Where are you seeing value and AI intersect.Is there anywhere where that ven diagram crosses. >> Yeah, sure. We we certainly saw the same thing Todd saw which was financials especially banks were highly attractive coming into the early part of the year and through today within financials we're ...

We've got this meeting scheduled for 11:20 a. m. New York time.The Polish defense minister saying that the U.S. may boost its military presence in Poland. What's on the agenda for this visit, Heidi, is indeed the main focus for the trip is going to be U.S. troop presence in the U.S.. So what we've seen, it's an important visit.Obviously, Colonel Brodsky has just taken the presidency. She won. It was a shock victory for him in June, an action, if you want an endorsement from from Trump, as a matter of fact, ...

[Music] Summer blues. As the holidays draw to a close, BTC ends August with a whimper. Is the 100K level now in danger? Recber. Historically, this is a bad month for financial markets. But amidst the gloom, there are some factors that could take us higher. Today's the day. After months of waiting, the Trump family crypto project is about to go live. Here's what you need to know about some of those crazy numbers and a look at last week's top performers, tweets of the week, dates for your diary, some god tier ...

The Federal Reserve’s preferred inflation measurement stayed higher than the central bank's target in July, but it didn't dash traders' hopes for a rate cut. https://t.co/3VUr5Dyqqa ...

MATT: WE HAVE HIT AN ALL-TIME HIGH AGAIN YESTERDAY. A LITTLE SOFTER THIS MORNING. 30 MINUTES UNTIL THE START OF TRADING. I MATT MILLER. KATIE: AND I'M KATIE GREIFELD. BLOOMBERG "OPEN INTEREST" STARTS NOW. MATT: COMING UP, FED CHAIR CONTENDER CHRISTOPHER WALLER DOUBLES DOWN ON THE NEED FOR A RATE CUT AS FRESH DATA THIS MORNING MAY SUPPORT HIS CASE. MEANWHILE, THE TRUMP ADMINISTRATION'S CAMPAIGN AGAINST LISA COOK INTENSIFIES AS A SHE SEEKS AN EMERGENCY HEARING TO BLOCK HER REMOVAL, AND THE SEPTEMBER SCARIEST. ...

Market Trends & Economic Indicators - S&P 500 hitting 6,500 is meaningful, reflecting equity market resilience and the impact of the AI trade [1][2] - Inflation reports, particularly the PCE, are key for the Fed's decision-making and the equity market [3][4] - A potential Fed easing in September could catalyze broader sector rotation and small-cap outperformance [4] - Continued economic strength, as indicated by the GDP report, supports market broadening [7] Sector Performance & Investment Opportunities - Consumer discretionary is the best performing sector this month, followed closely by healthcare [6] - Approximately 75% of consumer discretionary stocks and 80% of financial stocks are trading above their 50-day moving average [7] - Consumer spending is front-loaded, positively impacting near-term earnings for consumer companies [8][9] - A steepening yield curve is a significant driver for the financial sector's rotation [10] Potential Risks & Considerations - Small caps are sensitive to lower interest rates, with 50% of their debt being floating [11] - The market is very data-dependent, relying on both inflation and jobs numbers [5]

Market Trends & Investment Opportunities - The S&P 500 reached new heights as investors analyzed Nvidia's earnings [1] - Retail traders have been consistently buying the dip in Nvidia and other AI-related stocks since April, viewing them as long-term opportunities [5][6][7] - Investors are seeking value in sectors like solar, cybersecurity, and robotics, anticipating their growth potential within the AI ecosystem [9][10] - Small caps and riskier crypto assets like altcoins and Ethereum are attracting investment, driven by expectations of lower interest rates in the coming months [12] - Chinese stocks are gaining traction as investors bet on resolving geopolitical headwinds and seek undervalued opportunities [15][16] Company Performance & Sector Analysis - Nvidia's stock experienced a slight decrease of 08/10 of a percent despite exceeding top and bottom-line expectations, but falling short of data center revenue expectations [4] - Healthcare sector has been lagging, down 08/10 of a percent year-to-date, but attracting both traders seeking mean reversion and fundamental investors due to brand names and dividends [17][18][19] - Automakers have absorbed approximately $12 billion in tariff costs, refraining from passing them onto consumers due to competitive pressures [23] - Nike aims to leverage Caitlyn Clark to enhance its brand and product sales, with her signature shoe deal reportedly worth $25 to $30 million [35][36][37] Consumer Behavior & Pricing Dynamics - New car prices have remained relatively stable despite tariffs, as automakers absorb the costs [21][23] - College football ticket prices are surging, with some rivalry games exceeding NFL ticket prices due to high fan enthusiasm [32][33] - The US Open's signature cocktail, the honeydeuce, generated $128 million in sales last year, with an average consumer drinking one to two drinks per visit [40]

Group 1: Home Depot - Home Depot's shares rose over 3% after Q2 earnings release despite slightly missing sales and adjusted EPS, maintaining full-year guidance [2][4] - The company sources nearly 50% of its products internationally, making tariffs a significant issue, especially with current higher tariff rates [3] - The stock received another boost of nearly 4% following positive market reactions to the Federal Reserve's comments on potential rate cuts, which could increase housing affordability and demand for home improvement products [5][4] - Analysts raised their price targets for Home Depot after the earnings report, with only JPMorgan Chase lowering its target [6] Group 2: TJX Companies - TJX Companies experienced a nearly 3% gain in shares after a strong Q2 report, beating Wall Street expectations with a 9-cent increase in adjusted EPS and nearly 7% revenue growth [7][8] - Comparable sales increased by 4%, matching the prior year's quarter, and the company raised its full-year guidance for comparable sales growth to 3% from 2%-3% [8] - TJX expects full-year adjusted EPS to reach approximately $4.55, up nearly 4% from previous guidance, aided by lower-than-expected tariff costs [8][9] - The company plans to add around 130 stores this year and aims for over 1,800 locations in the long term [9] Group 3: Target - Target's Q2 results showed a nearly 1% decline in sales and nearly 2% drop in comparable sales, indicating a loss of market share to Walmart, which reported sales growth of 4.8% [11][12] - Despite beating estimates on sales and adjusted EPS, Target's guidance projected a low single-digit decline in sales for the full fiscal year, with steady adjusted EPS guidance [12] - Target's CEO Brian Cornell will vacate his position in February 2026, with COO Michael Fiddelke set to succeed him, amid business uncertainty that has led to an 8% decline in shares since the earnings report [13]

Group 1: Federal Reserve Developments - President Trump fired Federal Reserve Governor Lisa Cook amid allegations of mortgage fraud, raising concerns about the Fed's independence under his administration [4][6] - Cook's dismissal could lead to a more dovish majority on the Federal Reserve Board, as Trump would have another opportunity to appoint a member [5] - The dollar experienced a nearly 0.4% drop following the news of Cook's firing, indicating market sensitivity to changes in Fed leadership [6] Group 2: Economic Indicators and Market Reactions - Stock index futures fell slightly, with S&P 500 futures down 0.1%, Nasdaq 100 futures down 0.1%, and Dow futures down 0.2% [3] - The 10-year Treasury yield rose by 2 basis points to 4.3%, while the 2-year yield fell by 2 basis points to 3.71% [4] - Upcoming economic data includes July Durable Goods Orders expected to decrease by 4%, and home prices projected to rise by 2.6% year-over-year in June [8][9] Group 3: Trade and Tariff Threats - President Trump threatened to impose substantial additional tariffs and export restrictions on countries with digital taxes targeting U.S. tech firms [9][10] - Digital services taxes (DSTs) in Europe disproportionately affect American tech giants like Apple, Alphabet, Amazon, and Meta Platforms, while exempting Chinese firms [10] Group 4: Federal Reserve Chair Nomination - Kevin Hassett, a potential nominee to replace Fed Chair Jerome Powell, indicated that Trump is expected to name the next head of the central bank in a few months [11] - Hassett noted that Powell's openness to a rate cut would not influence Trump's decision to extend Powell's term [11]

Core Insights - Abercrombie & Fitch (ANF) and PVH are set to report their Q2 results, attracting investor interest as potential buy-the-dip candidates due to a possible rate cut in September [1][2] Q2 Expectations - Abercrombie & Fitch is expected to report a nearly 5% year-over-year sales increase to $1.19 billion, but earnings per share (EPS) are projected to decline by 9% to $2.27 [4] - PVH's Q2 sales are anticipated to rise by 1% to $2.1 billion, while EPS is expected to drop over 34% to $1.97 [6] Performance History - Abercrombie & Fitch has surpassed sales expectations for 11 consecutive quarters and has exceeded the Zacks EPS Consensus for nine straight quarters, with an average earnings surprise of 11.24% [4][8] - PVH has exceeded sales estimates for six straight quarters and has surpassed the Zacks EPS Consensus for 17 consecutive quarters, with an average earnings surprise of 13.47% [8] Valuation Metrics - Both ANF and PVH stocks are trading under 10 times forward earnings and below 2 times sales, earning an "A" Zacks Style Scores grade for Value [10] Investment Outlook - The upcoming Q2 reports and guidance for both companies will be critical for determining potential upside, with both currently holding a Zacks Rank 3 (Hold) [12]