Key Takeaways BofA's Bull & Bear Indicator signals elevated market optimism and correction risk. High AI spending, rich valuations and rate fears argue for a more defensive stance. XLP, VIG, SHV and XLF offer defensive exposure, income and resilience.Despite the heightened geopolitical crisis and the resultant massive rally in energy prices, occasional crashes in the biggest driver of the market, i.e., the AI theme, persistent inflation worries and rising rate fears, Wall Street has displayed a pretty solid ...

Columbia Threadneedle Investments, an investment management company, released its "Columbia Seligman Global Technology Fund" second quarter 2026 investor letter. A copy of the letter can be downloaded here. During the quarter, the Fund's Institutional Class shares returned 50.34%, outperforming the MSCI World Information Technology Index's 33.65% gain. Stock selection in semiconductors, technology hardware and software, together with an off-benchmark electrical equipment allocation, supported relative perf ...

Joining me now, Hi Borenstein, the CEO of Reformation. Uh, at a big moment, a big milestone for the company as you get ready to go public on the New York Stock Exchange. So, going public, why now and what does that enable.>> Right now, we are ready. We have been heads down working hard to build Reformation into a really successful company. Um, and we're really proud of everything we've accomplished.We have a business with a really strong foundation. We have a great strategy. We know where our growth is head ...

AI Revenue Just Hit $100 Billion From Zero Two Years Ago. Now Wall Street's Warning of a Massive SaaS Trap - 24/7 Wall St. Stock Market Live July 30, 2026: S&P 500 (SPY) Pivoting from Fed-Induced Drop AI Revenue Just Hit $100 Billion From Zero Two Years Ago. Now Wall Street's Warning of a Massive SaaS Trap By Joel South Published Jul 30, 9:00AM EDT Quick Read NVIDIA's Data Center revenue hit $75 billion with networking up 199%, while PLTR's structural model independence hasn't prevented a 26% year-to-date l ...

Quick Read NVIDIA's Data Center revenue hit $75 billion with networking up 199%, while PLTR's structural model independence hasn't prevented a 26% year-to-date loss. Microsoft is down 19% year to date despite Azure up 39% and AI revenue crossing a $37 billion run rate, as markets punish capex without clear ROI. Gil Luria warns companies feeding proprietary data into closed AI models risk having that intelligence weaponized against them if the provider decides to compete. Don't wait: the analyst ...

Standard Motor Products, Inc. Announces Second Quarter 2026 Earnings Conference Call Accessibility Statement Skip NavigationNEW YORK, July 30, 2026 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, is scheduled to report its earnings for the three and six months ended June 30, 2026, before the market opens on August 4, 2026.Conference CallContinue ReadingSMP is scheduled to report its earnings for the three and six months ended June 30, 2026, ...

Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in VRT over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking ...

Global survey reveals fragmented coordination workflows have become a measurable business cost, signaling the need for more structured, AI-enabled client collaboration BURLINGTON, Mass., July 30, 2026 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), an AI infrastructure software leader, today announced the results of its State of Client Collaboration 2026 survey, revealing that professional services firms lose a median of roughly $60,000 (USD) annually to nonbillable client coordination work. The findi ...

Investor Relations NASHVILLE, Tenn., July 30, 2026 (GLOBE NEWSWIRE) -- Truxton Corporation (OTCID: TRUX), a financial holding company and the parent of Truxton Trust Company, announced that its Board of Directors has approved four-for-one forward stock split. Each shareholder of record as of August 17, 2026, the "record date") will receive three additional shares for every share held after the close of trading on August 28, 2026. Shares will begin trading on a split adjusted basis at market open on Monday, ...

WHITTIER, Calif., July 30, 2026 (GLOBE NEWSWIRE) -- First Pacific Bancorp (the "Company") (OTCID: FPBC), the holding company for First Pacific Bank (the "Bank"), today reported consolidated results for the second quarter ending June 30, 2026, demonstrating continued growth in loans and deposits that support the local communities we serve. Key Financial Highlights: For the quarter ending June 30, 2026, the Company realized a pre-tax, pre-provision profit of $503 thousand, compared to a pre-tax, pre-provision ...