Daily ideas

BlackRock ended Q2 with $15.3 trillion of AUM and a 45.9% adjusted margin; Q3 must show whether private markets and technology can sustain the mix shift.

Bank of America earned $9.07 billion in Q2 as revenue rose 15%; Q3 will test whether NII, fee durability, efficiency, and buybacks can coexist.

Morgan Stanley posted $21.348 billion of Q2 revenue; October results must show whether record wealth flows can sustain fees, margins and earnings.

Wells Fargo grew Q2 2026 revenue 9% and delivered 17.7% ROTCE; the next test is whether balance-sheet growth can offset margin pressure.

Goldman Sachs posted $20.34 billion of Q2 revenue and 23.5% ROE; Q3 will test whether banking and financing growth can persist without further CET1 erosion.

JPMorganChase earned $16.9 billion in Q2 excluding significant items; Q3 will test whether deposit growth can offset margin pressure and rising costs.

Citigroup posted 14% revenue growth and 13.1% year-to-date RoTCE; Q3 must show whether deposits, costs and card economics can sustain the improvement.

Q2 sales reached $25.31 billion with 5.6% operational growth; Q3 must show whether new drugs, MedTech and cash flow can absorb STELARA erosion.

Constellation Brands posted $2.433 billion of Q1 sales and resilient cash flow; Q2 must show whether beer growth can hold a 37%-38% margin.

Delta's Q2 adjusted revenue grew 13.9% while margin was 8.8%; October results will test whether unit revenue can outrun fuel and non-fuel costs.

Jefferies posted $2.21 billion of Q2 net revenue and a 12.8% adjusted tangible ROE; Q3 must show whether broad deal activity can sustain profit.

THOR posted $2.782 billion of Q3 revenue and $97.2 million of net income; the next results must show whether Towable destocking can stabilize margins.

MoneyHero’s financial comparison business grew Q1 revenue to $16.5 million; Q2 tests whether better approvals can support margins and cash.

Rent the Runway’s clothing rentals generated $89.9m in quarterly revenue at a 25.9% gross margin; can the next results show better retention, clothing costs and cash?

Kroger’s grocery sales grew 1% on a comparable basis as operating cash fell to $1.774 billion; can the next results show store recovery translating into profit and cash?

Hooker Furnishings earned $1.578 million in Q1 operating profit on lower furniture sales; Q2 will test order conversion, margin durability and cash for stocking.

Copart vehicle auctions generated $1.237 billion in Q3 revenue; the coming results test whether US volumes and cash recover alongside stronger pricing.

Oracle’s software and cloud business generated $67.357B in FY2026 revenue; Q1 will test whether contract conversion and funding can keep pace with expansion.

Descartes logistics software generated $193.6 million of Q1 revenue and $75.1 million of operating cash; Q2 tests customer growth, profit quality, and acquisition funding.