$CHRW

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Correction: S&P 500 Posts Weekly Gain Amid AI Monetization Optimism

(Corrects to remove detailed Microsoft information as story published July 31 included Q3 data.)The Standard & Poor's 500 index rose 1.1% this week as hyperscalers showed the mega spend on the artificial intelligence buildout is being monetized.The market benchmark ended the week at 7,489.72. The index is now down 0.1% quarter-to-date but up 9.4% year-to-date.Microsoft (MSFT) and Amazon.com (AMZN) rose this week as quarterly results from the tech giants showed revenue growth in areas related to AI products and services, helping calm worries surrounding hundreds of billions of dollars of investments earmarked for the AI buildout.The consumer discretionary sector in the S&P 500 had the largest percentage gain of the week, up 8.3%, followed by a 5.4% advance in communication services and a 1.2% rise in consumer staples.Sales at Amazon's cloud computing unit delivered the fastest growth in 18 quarters, helping the e-commerce giant exceed market expectations for Q2 earnings and revenue. Shares jumped 17% this week even as the e-commerce behemoth expanded its capital expenditure by about $20 billion to $220 billion.A consortium of banks led by Morgan Stanley (MS) is in talks to lend $15 billion to a data-center developer to build a campus and power plant for Anthropic in Texas, The Wall Street Journal reported Thursday, citing people familiar with the matter. Alphabet's (GOOG, GOOGL) Google would provide financial guarantees and chips for the project. Shares of Alphabet are up 12% this week.The three worst-performing S&P 500 sectors this week were utilities, real estate and materials, down 4.2%, 2.2%, and 1.7%, respectively.C.H. Robinson Worldwide (CHRW) said a jury in Texas issued a $604 million advisory verdict against the firm and two other defendants in a lawsuit stemming from a trucking accident involving an independent motor carrier. Shares declined 21% this week.Edison International (EIX) said Thursday that Southern California Edison believes it is likely its equipment was associated with the ignition of the 2025 Eaton Fire, according to a Thursday quarterly filing. Southern California Edison recorded $1.6 billion in settlement-related losses and said it expects to incur additional material losses related to the fire, per the filing. Shares of Edison slumped 8% this week.Palantir Technologies (PLTR), Space Exploration Technologies (SPCX), Advanced Micro Devices (AMD), Caterpillar (CAT), Walt Disney (DIS), SanDisk (SNDK), Uber Technologies (UBER) and Take-Two Interactive Software (TTWO) are among the companies reporting their quarterly results next week.Economic data due next week includes non-farm payrolls, job openings and labor turnover survey, and ISM manufacturing and services purchasing managers' indexes.

S&P 500$AMD$AMZN$CAT$CHRW$DIS$EIX$GOOG$GOOGL$MS$MSFT$PLTR$SNDK$SPCX$TTWO$UBER

Equities5d ago

S&P 500 Posts Weekly Gain Amid AI Monetization Optimism

The Standard & Poor's 500 index rose 1.1% this week as hyperscalers showed the mega spend on the artificial intelligence buildout is being monetized.The market benchmark ended the week at 7,489.72. The index is now down 0.1% quarter-to-date but up 9.4% year-to-date.Microsoft (MSFT) and Amazon.com (AMZN) rose this week as quarterly results from the tech giants showed revenue growth in areas related to AI products and services, helping calm worries surrounding hundreds of billions of dollars of investments earmarked for the AI buildout.Microsoft reported triple-digit AI annual recurring revenue growth and an accelerating Azure trajectory into the end of 2026, Dan Ives, global head of technology at Wedbush Securities, said in a note to clients. The software behemoth's quarterly results, which included Azure's full-year revenue surpassing $100 billion for the first time, reinforced the idea that "any knee-jerk reactions to the elevated capex framework represent strong buying opportunities," Ives said.Shares of Microsoft were up 22% this week.The consumer discretionary sector in the S&P 500 had the largest percentage gain of the week, up 8.3%, followed by a 5.4% advance in communication services and a 1.2% rise in consumer staples.Sales at Amazon's cloud computing unit delivered the fastest growth in 18 quarters, helping the e-commerce giant exceed market expectations for Q2 earnings and revenue. Shares jumped 17% this week even as the e-commerce behemoth expanded its capital expenditure by about $20 billion to $220 billion.A consortium of banks led by Morgan Stanley (MS) is in talks to lend $15 billion to a data-center developer to build a campus and power plant for Anthropic in Texas, The Wall Street Journal reported Thursday, citing people familiar with the matter. Alphabet's (GOOG, GOOGL) Google would provide financial guarantees and chips for the project. Shares of Alphabet are up 12% this week.The three worst-performing S&P 500 sectors this week were utilities, real estate and materials, down 4.2%, 2.2%, and 1.7%, respectively.C.H. Robinson Worldwide (CHRW) said a jury in Texas issued a $604 million advisory verdict against the firm and two other defendants in a lawsuit stemming from a trucking accident involving an independent motor carrier. Shares declined 21% this week.Edison International (EIX) said Thursday that Southern California Edison believes it is likely its equipment was associated with the ignition of the 2025 Eaton Fire, according to a Thursday quarterly filing. Southern California Edison recorded $1.6 billion in settlement-related losses and said it expects to incur additional material losses related to the fire, per the filing. Shares of Edison slumped 8% this week.Palantir Technologies (PLTR), Space Exploration Technologies (SPCX), Advanced Micro Devices (AMD), Caterpillar (CAT), Walt Disney (DIS), SanDisk (SNDK), Uber Technologies (UBER) and Take-Two Interactive Software (TTWO) are among the companies reporting their quarterly results next week.Economic data due next week includes non-farm payrolls, job openings and labor turnover survey, and ISM manufacturing and services purchasing managers' indexes.

S&P 500$AMD$AMZN$CAT$CHRW$DIS$EIX$GOOG$GOOGL$MS$MSFT$PLTR$SNDK$SPCX$TTWO$UBER

Wire7d ago

Goldman Sachs Adjusts Price Target on C.H. Robinson Worldwide to $180 From $177, Maintains Neutral Rating

C.H. Robinson Worldwide (CHRW) has an average rating of overweight and mean price target of $202.54, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $156.25, Change: $-17.51, Percent Change: -10.07%

$CHRW

Wire7d ago

Raymond James Adjusts Price Target on C.H. Robinson Worldwide to $192 From $203, Maintains Outperform Rating

$CHRW

Wire10d ago

Baird Adjusts Price Target on C.H. Robinson Worldwide to $200 From $230

C.H. Robinson Worldwide (CHRW) has an average rating of overweight and mean price target of $204.83, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $176.17, Change: $-10.34, Percent Change: -5.54%

$CHRW

Japan12d ago

US Equity Markets Mixed as Oil Prices Decline on Efforts to Mediate Peace Between US, Iran

US equity indexes were mixed Friday as crude oil declined amid China-backed Pakistani efforts to mediate peace between the US and Iran.* Pakistan is exploring a pathway to restart stalled peace negotiations between the US and Iran following a Chinese initiative, Reuters reported Friday, citing three Pakistani sources.* The July flash reading of manufacturing conditions from S&P Global slipped to 53.8 from 53.9 in June, compared with 54.4 expected in a survey compiled by Bloomberg.* August West Texas Intermediate crude oil fell $2.61 to settle at $89.58 per barrel, while September Brent crude, the global benchmark, was last seen down $3.47 at $97.22.* Salesforce (CRM) shares were up about 4.3%, the top gainer on the Dow, after the company said Friday the US Department of Veterans Affairs awarded the company, through its distribution network, a three-year $1.6 billion agentic enterprise license agreement.* C.H. Robinson Worldwide (CHRW) shares were down nearly 9.2%, among the worst performers on the S&P 500, after the company said a jury in Dallas County, Texas, issued a $604 million advisory verdict against the firm and two other defendants in a lawsuit stemming from a trucking accident involving an independent motor carrier.

Dow JonesNasdaq CompositeS&P 500$CHRW$CRM

Wire12d ago

Top Midday Decliners

Robin Energy (RBNE) said Friday it has priced an underwritten public offering of 750,000 shares at $4 per share. The stock closed at $5.68 in the previous day.Shares slumped 41% as intraday trading volume jumped to over 683,000 from a daily average of about 90,000.C.H. Robinson Worldwide (CHRW) said a jury in Dallas County, Texas, issued a $604 million advisory verdict against the firm and two other defendants in a lawsuit stemming from a trucking accident involving an independent motor carrier.The advisory verdict remains subject to post-trial proceedings before the court enters a final verdict, it said.Shares dropped 8.2% as intraday trading volume grew to over 2.2 million from a daily average of about 1.7 million.Price: $3.27, Change: $-2.41, Percent Change: -42.43%

$CHRW$RBNE

Commodities13d ago

Exchange-Traded Funds, Equity Futures Higher Pre-Bell Friday Amid New US Tariffs

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.2%, and the actively traded Invesco QQQ Trust (QQQ) advanced 0.1% in Friday's premarket activity, as investors digest new US tariffs amid continued corporate earnings.US stock futures were higher, with S&P 500 Index futures up 0.2%, Dow Jones Industrial Average futures gaining 0.4%, and Nasdaq futures advancing 0.1% before the start of regular trading.S&P Global US Manufacturing, Service, and Composite PMI are expected at 9:45 AM ET. New Home Sales are due at 10 AM ET, followed by Kansas City Fed Services at 11 AM ET.In premarket action, bitcoin was up by 0.01%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 0.1% higher, Ether ETF (EETH) advanced 0.2%, and Bitcoin & Ether Market Cap Weight ETF (BETH) rose over 2.6%.Power Play:TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) advanced 0.1%, the iShares US Technology ETF (IYW) was 0.6% higher, and the iShares Expanded Tech Sector ETF (IGM) was up 0.1%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) gained 0.9%, while the iShares Semiconductor ETF (SOXX) fell by 0.5%.Intel (INTC) shares were up more than 3% in premarket activity after the company reported that it swung to fiscal Q2 adjusted earnings as revenue increased during the period.Winners and Losers:EnergyThe iShares US Energy ETF (IYE) was down 0.8%, while the State Street Energy Select Sector SPDR ETF (XLE) retreated by 0.4%.SLB N.V. (SLB) stock was up more than 3% before market open after the company reported Q2 adjusted earnings Friday of $0.55 per diluted share, above analyst estimates of $0.51.ConsumerThe State Street Consumer Staples Select Sector SPDR ETF (XLP) was up 0.3%, the Vanguard Consumer Staples Index Fund ETF Shares (VDC) rose 2.2%, and the iShares US Consumer Staples ETF (IYK) was inactive. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) gained 0.3%. The VanEck Retail ETF (RTH) was inactive, while the State Street SPDR S&P Retail ETF (XRT) was up 0.9%.Fly-E Group (FLYE) shares were up 2.4% pre-bell after the company said late Thursday it filed its overdue Form 10-K and expects it will eliminate the need to submit a formal plan to regain compliance with Nasdaq.IndustrialThe State Street Industrial Select Sector SPDR ETF (XLI) advanced 0.4%, the Vanguard Industrials Index Fund (VIS) was up 0.6% and the iShares US Industrials ETF (IYJ) was inactive.C.H. Robinson Worldwide (CHRW) stock was down more than 2% before the opening bell after the company said that a Dallas County, Texas jury issued a $604 million advisory verdict against the company and two other defendants in a lawsuit stemming from a trucking accident.Health CareThe State Street Health Care Select Sector SPDR ETF (XLV) advanced 0.3%, the Vanguard Health Care Index Fund (VHT) was inactive, while the iShares US Healthcare ETF (IYH) slipped 1.4%. The iShares Biotechnology ETF (IBB) was inactive.Novo Nordisk (NVO) stock was up more than 1% premarket after the company filed a preliminary US court injunction to immediately block advertising by Eli Lilly (LLY) for its obesity and diabetes drugs.FinancialThe State Street Financial Select Sector SPDR ETF (XLF) advanced 0.3%. Direxion Daily Financial Bull 3X Shares (FAS) was up 0.9%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 1% lower.HSBC (HSBC) shares traded up 1% in early hours activity after the company signed the share purchase deal to sell HSBC Life in Singapore for $2.09 billion to Allianz Asia.CommoditiesFront-month US West Texas Intermediate crude oil retreated by 3.3% to $89.15 per barrel on the New York Mercantile Exchange. Natural gas was up by 1% to $2.95 per 1 million British Thermal Units. The United States Oil Fund (USO) was down 2.4%, while the United States Natural Gas Fund (UNG) was 2% higher.Gold futures for July advanced 0.2% to $4,057.90 an ounce on the Comex. Silver futures were up 1.1% to $58.71 an ounce. SPDR Gold Shares (GLD) increased 0.1%, and the iShares Silver Trust (SLV) was 1.4% higher.

Dow JonesNasdaq CompositeS&P 500$BETH$BITO$CHRW$EEM$EETH$EXI$FAS$FAZ$FLYE$GLD$HSBC$IBB$IGM$IGV$INTC$IPK$IVV$IWM$IYE$IYH$IYJ$IYK$IYW$NVO$PMR$QQQ$RTH$SLB$SLV$SOXX$SPY$UNG$USO$VDC$VHT$VIS$XLE$XLF$XLI$XLK$XLP$XLV$XLY$XRT$XSD

Wire51d ago

C.H. Robinson Worldwide Shares Fall After Citigroup Downgrade

C.H. Robinson Worldwide (CHRW) shares were down 2.3% in Monday afternoon trading after Citigroup downgraded the stock to neutral from buy, with a $199 price target.Intraday trading volume stood at about 557,000 shares against a daily average of roughly 1.8 million.Price: $189.33, Change: $-4.41, Percent Change: -2.28%

$CHRW

Research52d ago

Citigroup Downgrades C.H. Robinson Worldwide to Neutral From Buy, Price Target is $199

C.H. Robinson Worldwide (CHRW) has an average rating of overweight and mean price target of $199.87, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

$CHRW

Wire77d ago

C.H. Robinson Shares Rise After Jefferies Upgrade

C.H. Robinson Worldwide (CHRW) shares were up over 5% in Wednesday trading after Jefferies upgraded the stock to buy from hold and raised its price target to $200 from $195.Trading volume stood at more than 2.1 million shares, compared with a daily average of about 1.9 million.Price: $182.34, Change: $+9.32, Percent Change: +5.39%

$CHRW

Research78d ago

Jefferies Upgrades C.H. Robinson Worldwide to Buy From Hold, Adjusts PT to $200 From $195

C.H. Robinson Worldwide (CHRW) has an average rating of overweight and mean price target of $199.61, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

$CHRW

Research83d ago

Citigroup Upgrades C.H. Robinson Worldwide to Buy From Neutral, Price Target is $199

C.H. Robinson Worldwide (CHRW) has an average rating of overweight and mean price target of $199.39, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

$CHRW

Wire84d ago

C.H. Robinson Shares Decline After Supreme Court Allows Negligence Suit

C.H. Robinson Worldwide (CHRW) shares, along with other freight brokers, were down around midday Thursday following the US Supreme Court decision on a negligence lawsuit against the company.The court reversed a Court of Appeals decision and the case, which accuses C.H. Robinson of liability for a vehicular accident that involved a trucking company it had hired, was remanded for further proceedings, according to a court order Thursday.Shares of C.H. Robinson were down 2.5%, RXO (RXO) stock fell past 5%, and Landstar System (LSTR) shares were nearly 2% lower in Thursday trading.Price: $159.20, Change: $-4.07, Percent Change: -2.49%

$CHRW$LSTR$RXO

Research94d ago

Research Alert: CFRA Keeps Hold Rating On Shares Of C.h. Robinson Worldwide, Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Following Q1 results, we lower our 12-month target to $195 from $198, 25.8x our 2027 EPS estimate, in line with CHRW's three-year historical forward P/E average of 24.7x. We decrease our 2026 EPS view by $0.41 to $6.20 and 2027's by $0.26 to $7.56. Our respective revenue forecasts are $16.87B (+4%) and $17.95B (+6%). In our view, CHRW demonstrates strong operational execution with AI-driven productivity gains and sustained market share capture, but faces near-term working capital pressures from rising truckload costs that reduced Q1 2026 operating cash flow by 36% despite 15% EPS growth. The company's aggressive share repurchase program ($280.7M in Q1 2026) while operating cash flow declined raises questions about capital allocation sustainability, though leverage remains manageable at 1.32x net debt/EBITDA. Overall, concerns are moderate, reflecting a company in transformation with strong underlying fundamentals but near-term cash conversion challenges that warrant monitoring.

$CHRW

Research98d ago

Research Alert: Chrw Q1: Transformation Drives Margin Expansion And Share Gains

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:CHRW delivered mixed Q1 results, with adjusted EPS rising 15.4% Y/Y to $1.35, beating consensus by 10%, while revenue remained flat at $4.0B, missing estimates by $40M. Adjusted operating margin expanded 30bps to 26.6% despite revenue headwinds, with employee headcount declining 12.3% as operational transformation continues generating efficiency gains. The company achieved its 12th consecutive quarter of market share gains in NAST, with volumes flat versus a 6.2% decline in the Cass Freight Shipment Index, demonstrating competitive positioning advantages. Management's disciplined cost management approach reduced operating expenses 2.3% to $484.8M, while returning $359.8M to shareholders through buybacks and dividends. We view the challenging freight market environment as an opportunity for CHRW to outperform, as persistent weakness in freight volumes and volatile spot costs create difficulties for peers while CHRW's transformation positions it to gain share in this difficult environment.

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