Writing the summary…
Here comes third-quarter earnings season. Booming profits could propel the S&P 500 to new heights
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Oil prices fall as IEA members agree to prioritize release of diesel stocks
Iran's move to step up attacks on tankers which are transiting through the Strait of Hormuz has also led to renewed worries over oil supplies among traders.
Modelo owner Constellation is getting creative to bring back beer drinkers as overall demand weakens
Constellation Brands beat earnings and revenue expectations as beer brands gained share, while inventory rebuilding and consumer caution clouded demand.
Trump’s diesel order exposes White House limits to counter surging fuel prices
President Trump's order comes amid mounting political pressure to take action on surging diesel prices, with the midterm elections only a month away.
New data strengthens our faith in a TJX comeback. Plus, the Nvidia-Microsoft PC is here
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Microsoft to sell $2,599 Surface Laptop Ultra containing Nvidia AI chip
The new device shows Microsoft remains committed to making its own PCs even though it's not one of the top device makers.
Supertanker chartered from Gulf Coast to China for $76 million, 10 times higher than pre-war level
Shipping costs have exploded as the war in the Persian Gulf has led to a shortage of available tankers.