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Home Depot Earnings Offer Glimmer Of Hope As Small Projects Offset Renovation Downturn
Home Depot Earnings Offer Glimmer Of Hope As Small Projects Offset Renovation Downturn
Home Depot reported stronger-than-expected second-quarter sales and profit as homeowners spent money on smaller do-it-yourself projects, giving the home-improvement retailer enough confidence to reaffirm its full-year outlook.
The frozen housing market, combined with elevated borrowing costs, has deterred homeowners from financing larger renovations, such as replacing exterior windows and doors or installing a new deck, and has also pressured Home Depot shares over the past year and a half.
However, second-quarter demand showed signs of resilience in smaller...
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Oct 20, 2026 / Tyler Durden
"A Good Idea": SpaceX Jumps On Blowout Quarter, Musk Confirms Committees Discussing Tesla Merger
"A Good Idea": SpaceX Jumps On Blowout Quarter, Musk Confirms Committees Discussing Tesla Merger
Update (1730ET): The earnings call has seen SPCX shares extend their after-hours gains amid a tsunami of attention-grabbing comments from Elon Musk and CFO Bret Johnsen.
Perhaps the most shocking was Musk saying that he sees between $500 billion and $1 trillion of annual recurring revenue by the end of 2027.
Then he stepped it up further:
Musk says there’s a small opportunity for SpaceX to have 20 gigawatts of AI compute online next year.
Musk says he’s been spending a...
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Jun 16, 2026 / Tyler Durden
Supreme Court Rejects Challenge To Trump's First-Term Tariff On China
Supreme Court Rejects Challenge To Trump's First-Term Tariff On China
Authored by Aldgra Fredly via The Epoch Times,
The U.S. Supreme Court on June 15 declined to hear a legal challenge to tariffs imposed on Chinese imports by U.S. President Donald Trump during his first term in 2018.
The decision follows an appeal by HMTX Industries and other businesses after the U.S. Court of Appeals for the Federal Circuit last year upheld the tariffs, which Trump previously imposed on Chinese goods under Section 301 of the Trade Act of 1974 in response...
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Aug 5, 2026 / Jason Ditz
One Killed, 11 Wounded in Southern Lebanon as Israel Attacks Prayer Hall
As the Rome talks stall between Israel and Lebanon, the IDF looks to be scaling up their operations within occupied southern Lebanon, leading to new civilian casualties as well as an incident in which the IDF troops themselves died in an explosion. An Israeli drone attacked the prayer hall in the town of Tebnine’s town […]
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