JetBlue Airways Corporation (JBLU): Among the Best American Penny Stocks to Buy Now
American penny stocks comprise shares of US-based companies that trade under $5 on public exchanges. Besides their perceived appeal to retail investors due to cheap price and the possibility to affordably amass a large number of shares, American penny stocks are distinct for representing two important factors – the small-cap factor and the US country factor. Readers should know that these two factors are known for significantly outperforming their broad market counterparts in the last 15 years after the Great Financial Crisis. For reference, small-cap factor has outperformed its large-cap counterparts throughout the 2010s as the economy experienced a relatively peaceful period with relatively low interest rates, which is highly favorable for small, high-growth businesses. Likewise, the US stock market has consistently outperformed the World stock market, including major markets like Europe, China, and Japan, thanks to superior productivity growth and valuation expansion.
The situation drastically reversed in late 2024 and early 2025 with the election of a new US administration. The US stock market underperformed by more than 15% markets like Germany and China since the beginning of the year. The small-cap factor fell out of favor relative to the large-cap factor. The former event was driven by aggressive Trump 2.0 cuts and tariff threats, which put the US export/import base at risk, while the latter is driven by market uncertainty and investors flying to safe assets such as gold, bonds, or mature large-cap stocks. We believe that both these developments are temporary shocks and do not represent structural or definitive changes. In this context, a smart way to make money in the market would be to take a contrarian bet and buy American small-cap and penny stocks while they are relatively underpriced vs. their global and large-cap counterparts.
READ ALSO: 13 Best Canadian Penny Stocks to Invest in Now
First of all, we are firm believers that US investors should 'stay at home' and continue to favor domestic stocks. The superior performance of the US stock market was not luck, but rather consistent productivity growth through deregulation, capital favoring risky but promising projects, and a more prominent hustle mentality. The European Central Bank confirms these findings and mentions that between Q4 2019 and Q2 2024, labor productivity per hour worked increased by 0.9% in the Euro area, whereas it increased by 6.7% in the US. This difference is significant and compounds over time, leading to drastic differences in stock price performance over 5-10 years or more. Odds are that the US will continue to outperform Europe and the rest of the world in productivity gains. According to analysts, Trump turmoil is a temporary thing; tariff uncertainty should naturally resolve at some point, through either a trade deal or a withdrawal by the President himself. Furthermore, the Trump 2.0 regime has some aces up its sleeve, such as tax cuts and further deregulation, which is a heaven for productivity growth. Europe, on the other hand, remains a slow bureaucratic machine that is fueling its economic growth through debt issuance and industrial-military projects that bring very little value added (for reference, the German €500 billion spending bill will mostly result in new missiles that will probably never be fired). Likewise, China has its own problems, such as stalled population growth and increasing threats of onshoring and outsourcing to India and other regions. India got itself stuck in a new war with Pakistan, which might negatively impact its investment climate and economic growth.
Second, small caps and penny stocks became cheaper due to recessionary threats and widespread signals that the US economy is slowing down. While many sectors, such as construction and industrial automation, are indeed in a slowdown, the stock market is a forward-looking animal that gauges developments that would impact the economy 6-12 months from now. In other words, the market is very likely to return to growth upon the slightest positive signal. We believe there are many indications that the US will be able to avoid a deep economic recession. Rumors, as well as thorough analysts from leading banks like JP Morgan, say that the tariff saga is approaching a possible end through a deal with China and other large trade partners. China is likely to sit at the negotiating table as its economic outlook has been deteriorating as well – it turns out that around 20 million jobs in the country are directly dependent on commerce with the US. Avoiding a trade deal with the US might be more catastrophic for China than it might be for the US. Also, the latest report shows that the US economy added 177,000 jobs in April, beating expectations by a wide margin, which indicates that CEOs are reluctant to downscale their business and rather anticipate a gradual rejuvenation in the business environment later in the year.
With that being said, contrary to the prevailing belief, our opinion is that the US economy is far from doomed. History shows that stock markets have always recovered and always scored new highs. In this context, the best American penny stocks could become favored again and outperform the broad market.
To compile our list of the best American penny stocks, we used a screener to identify companies based in the US with a share price below $5.00. Then we compared the list with Insider Monkey's proprietary database of hedge funds' ownership, as of Q4 2024, and included in the article the top 10 stocks with the largest number of hedge funds that own the stock, ranked in ascending order.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points ().
A commercial jetliner at an airport gate with passengers waiting in the background.
JetBlue Airways Corporation (NASDAQ:JBLU) is a US-based low-cost airline operating over 1,000 daily flights to more than 100 destinations across the United States, Latin America, the Caribbean, Canada, and Europe. The company is headquartered in New York, but maintains major hubs in JFK airport, Boston, Fort Lauderdale, Los Angeles, Orlando, and San Juan.
JetBlue Airways Corporation (NASDAQ:JBLU) faced challenges in Q1 2025 due to weakening demand and an uncertain economic environment, with capacity down 4.3%. The company is taking decisive actions to address these challenges, including reducing capacity, limiting discretionary spending, and reevaluating fleet plans. Despite these headwinds, management remains committed to its long-term JetForward strategy, which aims to drive transformational change and return the airline to sustained profitability.
On the positive side, JetBlue Airways Corporation (NASDAQ:JBLU) is seeing some positive trends, including strong performance in premium segments and international markets, as well as improvements in operational metrics like A14 and Net Promoter Score. The company is also making progress with cost transformation initiatives and expects savings to ramp up in the second half of the year. Additionally, the company is pursuing new opportunities, such as a potential domestic airline partnership and expansion into secondary cities, which could provide future growth avenues. JBLU is down more than 40% since February 2025, under what we believe are temporary capacity headwinds induced by uncertainty and tariffs. JLBU is one of the best American penny stocks to buy now as it is currently trading at only 0.17x Price-to-Sales ratio.
Overall JBLU ranks 7th on our list of the best American penny stocks to buy now. While we acknowledge the potential of JBLU as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than JBLU but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks To Invest In According to Billionaires
Disclosure: None. This article is originally published at Insider Monkey.
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Palantir sinks 9% as AI rout puts market rotation in focus Palantir (PLTR) stock slid further in afternoon trading on Tuesday, falling more than 9%, as the AI-led tech sell-off dragged the major indexes lower and extended a multiday slide for one of 2025's top S&P 500 performers. With Tuesday's losses, the tech and defense name is now on track for its fifth consecutive day in the red, its longest losing streak since March. The pressure on AI names comes at a moment when the broader market rally is starting to show signs of rotation beyond Big Tech. After months of concentration in a handful of growth giants, sectors like Health Care (XLV) and Homebuilders (XHB), along with small- and mid-cap stocks, have taken on a larger role in driving this summer's move to record highs. Still, given Big Tech's outsized weighting in the index, if the group isn't leading, gains in the S&P 500 are unlikely to be as sharp or one-sided as they've been over the past two years — a dynamic on display in Tuesday's trading. Read more about the rotation trade here. Palantir (PLTR) stock slid further in afternoon trading on Tuesday, falling more than 9%, as the AI-led tech sell-off dragged the major indexes lower and extended a multiday slide for one of 2025's top S&P 500 performers. With Tuesday's losses, the tech and defense name is now on track for its fifth consecutive day in the red, its longest losing streak since March. The pressure on AI names comes at a moment when the broader market rally is starting to show signs of rotation beyond Big Tech. After months of concentration in a handful of growth giants, sectors like Health Care (XLV) and Homebuilders (XHB), along with small- and mid-cap stocks, have taken on a larger role in driving this summer's move to record highs. Still, given Big Tech's outsized weighting in the index, if the group isn't leading, gains in the S&P 500 are unlikely to be as sharp or one-sided as they've been over the past two years — a dynamic on display in Tuesday's trading. Read more about the rotation trade here. Bitcoin could reach $200,000 within 6 months during 'long, exhausting' crypto bull market Yahoo Finance's Ines Ferre reports: Bitcoin (BTC-USD) hit a record high last week, but analysts at Bernstein think the current crypto bull market could see the world's largest cryptocurrency hit an even bigger milestone in the near future: $200,000. In a note to clients published Tuesday, Gautam Chhugani and the digital assets team at Bernstein said they see bitcoin reaching its cycle peak between $150,000 and $200,000 in the next 6-12 months during what the firm is calling a "long, exhausting bull run" for crypto into 2027. "We believe we are in the middle of a digital assets revolution backed by regulatory reform," the firm wrote. "Now we believe the Trump admin. is in mission-critical mode (incl. SEC/CFTC) to build U.S into the crypto capital of the world, so market peak is not anywhere near. We expect a long Crypto bull market, continuing the surge into 2026 and potentially peak in 2027." Read more here. Yahoo Finance's Ines Ferre reports: Bitcoin (BTC-USD) hit a record high last week, but analysts at Bernstein think the current crypto bull market could see the world's largest cryptocurrency hit an even bigger milestone in the near future: $200,000. In a note to clients published Tuesday, Gautam Chhugani and the digital assets team at Bernstein said they see bitcoin reaching its cycle peak between $150,000 and $200,000 in the next 6-12 months during what the firm is calling a "long, exhausting bull run" for crypto into 2027. "We believe we are in the middle of a digital assets revolution backed by regulatory reform," the firm wrote. "Now we believe the Trump admin. is in mission-critical mode (incl. SEC/CFTC) to build U.S into the crypto capital of the world, so market peak is not anywhere near. We expect a long Crypto bull market, continuing the surge into 2026 and potentially peak in 2027." Read more here. An Apple robot will need a lot of AI help Yahoo Finance's Dan Howley reports: Read more here. Yahoo Finance's Dan Howley reports: Read more here. Big Tech is dragging down the market on Tuesday Rotation is at the forefront of the market action on Tuesday. Eight of the 11 sectors in the S&P 500 are in the green, led by Real Estate (XLRE), Consumer Staples (XLP), and Healthcare (XLV). Nearly 400 stocks in the benchmark index are higher on the day too. But the S&P 500 is down about 0.4% as the most loved sector of the bull market — large-cap technology stocks — is lagging on Tuesday. That downside action is being led by a 2% decline in Nvidia (NVDA), an almost 6% decline in Palantir (PLTR), and over 3% losses for both AMD (AMD) and Netflix (NFLX). Rotating out of recent winners and into market laggards has been an emerging trend in August. Market strategists have pointed out that, for the long run, this could be the "healthiest path" higher for the benchmark index. But Tuesday's action is a reminder to index investors that, given its weighting in the index, if Big Tech isn't the group leading the market higher, the gains in the S&P 500 won't be as aggressively up and to the right as they have been for the past two years. Rotation is at the forefront of the market action on Tuesday. Eight of the 11 sectors in the S&P 500 are in the green, led by Real Estate (XLRE), Consumer Staples (XLP), and Healthcare (XLV). Nearly 400 stocks in the benchmark index are higher on the day too. But the S&P 500 is down about 0.4% as the most loved sector of the bull market — large-cap technology stocks — is lagging on Tuesday. That downside action is being led by a 2% decline in Nvidia (NVDA), an almost 6% decline in Palantir (PLTR), and over 3% losses for both AMD (AMD) and Netflix (NFLX). Rotating out of recent winners and into market laggards has been an emerging trend in August. Market strategists have pointed out that, for the long run, this could be the "healthiest path" higher for the benchmark index. But Tuesday's action is a reminder to index investors that, given its weighting in the index, if Big Tech isn't the group leading the market higher, the gains in the S&P 500 won't be as aggressively up and to the right as they have been for the past two years. NorthWestern Energy stock jumps after news of merger with Black Hills NorthWestern Energy shares jumped nearly 6% Tuesday after announcing that it is merging with fellow utility company Black Hills to create a "premier regional regulated electric and natural gas utility company." The two companies will have a combined value of about $15.4 billion and serve over 2 million customers across eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota, and Wyoming. "Together, we will be better positioned to meet rising demand, accelerate investment in energy and grid infrastructure, and support customers and communities through a rapidly evolving energy landscape," said NorthWestern Energy President and CEO, Brian Bird. Black Hills stock rose a more modest 1% on the news. NorthWestern Energy shares jumped nearly 6% Tuesday after announcing that it is merging with fellow utility company Black Hills to create a "premier regional regulated electric and natural gas utility company." The two companies will have a combined value of about $15.4 billion and serve over 2 million customers across eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota, and Wyoming. "Together, we will be better positioned to meet rising demand, accelerate investment in energy and grid infrastructure, and support customers and communities through a rapidly evolving energy landscape," said NorthWestern Energy President and CEO, Brian Bird. Black Hills stock rose a more modest 1% on the news. Crypto's bull run is just beginning. Here are 3 stocks to play. Yahoo Finance's Francisco Velasquez reports: Read the story here. Yahoo Finance's Francisco Velasquez reports: Read the story here. White House cryptocurrency adviser Bo Hines joins Tether Tether, the world's largest stablecoin company, has appointed former White House cryptocurrency adviser Bo Hines, Yahoo Finance's David Hollerith reports. Hollerith writes: Read the full story here. Tether, the world's largest stablecoin company, has appointed former White House cryptocurrency adviser Bo Hines, Yahoo Finance's David Hollerith reports. Hollerith writes: Read the full story here. Opendoor stock climbs as CEO search continues Opendoor Technologies (OPEN) stock rallied 6% at the market open before paring gains on Tuesday morning as the company continues its executive search following CEO Carrie Wheeler's departure, Yahoo Finance's Jake Conley reports. Conley writes: Read the full story here. Opendoor Technologies (OPEN) stock rallied 6% at the market open before paring gains on Tuesday morning as the company continues its executive search following CEO Carrie Wheeler's departure, Yahoo Finance's Jake Conley reports. Conley writes: Read the full story here. Nexstar to acquire Tegna in $6.2 billion deal, creating largest US local TV station group Nexstar Media Group (NXST) is set to expand its dominance in US broadcasting with a $6.2 billion acquisition of Tegna Inc. (TGNA), a deal that will create the nation's largest local TV station group. The transaction, which includes Tegna's net debt and fees, is expected to close in the second half of 2026 pending regulatory approvals. The Wall Street Journal first reported earlier this month that Nexstar was in advanced talks to acquire Tegna. Shares of Nexstar jumped over 6% shortly after the opening bell on Tuesday, while Tegna shares rose around 4% on the news. According to the release, the combination will create a leading local media company with 265 full-power television stations in 44 states and Washington, D.C., covering 132 of the nation's 210 television markets and reaching about 80% of US TV households. The new entity will hold stations in nine of the top 10 designated market areas (DMAs) and 41 of the top 50. Nexstar Chairman and CEO Perry Sook said the merger reflects both companies' commitment to local broadcasting and builds on Nexstar's "record of growth" through acquisitions, which includes its 2019 purchase of Tribune Media and its majority stake in The CW network in 2022. Sook added that deregulatory initiatives from the Trump administration have created an opportunity for broadcasters "to expand reach, level the playing field, and compete more effectively with the Big Tech and legacy Big Media companies." The companies expect about $300 million in annual net synergies and project the transaction will be more than 40% accretive to Nexstar's free cash flow in the first 12 months post-closing. Citi analyst Jason Bazinet said the transaction adds about $25 per share of M&A value to Nexstar's outlook. He raised his price target on the stock to $218 from $186 as a result, while maintaining a Neutral rating. Nexstar Media Group (NXST) is set to expand its dominance in US broadcasting with a $6.2 billion acquisition of Tegna Inc. (TGNA), a deal that will create the nation's largest local TV station group. The transaction, which includes Tegna's net debt and fees, is expected to close in the second half of 2026 pending regulatory approvals. The Wall Street Journal first reported earlier this month that Nexstar was in advanced talks to acquire Tegna. Shares of Nexstar jumped over 6% shortly after the opening bell on Tuesday, while Tegna shares rose around 4% on the news. According to the release, the combination will create a leading local media company with 265 full-power television stations in 44 states and Washington, D.C., covering 132 of the nation's 210 television markets and reaching about 80% of US TV households. The new entity will hold stations in nine of the top 10 designated market areas (DMAs) and 41 of the top 50. Nexstar Chairman and CEO Perry Sook said the merger reflects both companies' commitment to local broadcasting and builds on Nexstar's "record of growth" through acquisitions, which includes its 2019 purchase of Tribune Media and its majority stake in The CW network in 2022. Sook added that deregulatory initiatives from the Trump administration have created an opportunity for broadcasters "to expand reach, level the playing field, and compete more effectively with the Big Tech and legacy Big Media companies." The companies expect about $300 million in annual net synergies and project the transaction will be more than 40% accretive to Nexstar's free cash flow in the first 12 months post-closing. Citi analyst Jason Bazinet said the transaction adds about $25 per share of M&A value to Nexstar's outlook. He raised his price target on the stock to $218 from $186 as a result, while maintaining a Neutral rating. Stocks mixed at the open US stocks were mixed on Tuesday. The Dow Jones Industrial Average (^DJI) edged up 0.1%, while the S&P 500 (^GSPC) fell about 0.2%. The tech-heavy Nasdaq Composite (^IXIC) declined 0.4%, continuing Wall Street stocks' muted start to the week. Home Depot (HD) led out this week's results from retail giants, with its earnings report on Tuesday showing a return to consistent same-store sales growth in the US amid signs that the housing market could begin to recover. In the tech world, Intel (INTC) shares jumped after SoftBank said it's taking a $2 billion stake, and the Trump administration reportedly weighed taking its own stake worth up to 10% of the troubled chipmaker. Wall Street is looking ahead to Fed Chair Jerome Powell's highly anticipated speech in Jackson Hole on Friday, signaling the central bank's latest views on interest rates. US stocks were mixed on Tuesday. The Dow Jones Industrial Average (^DJI) edged up 0.1%, while the S&P 500 (^GSPC) fell about 0.2%. The tech-heavy Nasdaq Composite (^IXIC) declined 0.4%, continuing Wall Street stocks' muted start to the week. Home Depot (HD) led out this week's results from retail giants, with its earnings report on Tuesday showing a return to consistent same-store sales growth in the US amid signs that the housing market could begin to recover. In the tech world, Intel (INTC) shares jumped after SoftBank said it's taking a $2 billion stake, and the Trump administration reportedly weighed taking its own stake worth up to 10% of the troubled chipmaker. Wall Street is looking ahead to Fed Chair Jerome Powell's highly anticipated speech in Jackson Hole on Friday, signaling the central bank's latest views on interest rates. Intel stock jumps 5% as SoftBank takes $2 billion stake in ailing chip company Yahoo Finance's Daniel Howley reports: Read more here. Yahoo Finance's Daniel Howley reports: Read more here. Viking Therapeutics stock plunges on high dropout rate in weight-loss pill trial Viking Therapeutics (VKTX) stock tumbled 35% in premarket trading after a phase 2 trial of its weight-loss pill showed a high patient dropout rate. The GLP-1 obesity treatment showed some promising results: Patients lost 12.2% of body weight after 13 weeks. However, 28% of patients dropped out of the trial before it was completed. Viking's oral obesity drug, VK2735, aims to compete with Eli Lilly's drug, orforglipron, which saw a 12% weight-loss rate after 72 weeks. Eli Lilly shares rose 1.5% in premarket trading. "Data look inferior to LLY on almost all metrics and the thing to consider here is that patients discontinued at such a high rate over 13-weeks vs. LLY in the mid 20% range — but over 72-weeks," Mizuho analyst Jared Holz wrote in a note. "A much longer trial, and [therefore] LLY looks far better head-to-head." Read more here. Viking Therapeutics (VKTX) stock tumbled 35% in premarket trading after a phase 2 trial of its weight-loss pill showed a high patient dropout rate. The GLP-1 obesity treatment showed some promising results: Patients lost 12.2% of body weight after 13 weeks. However, 28% of patients dropped out of the trial before it was completed. Viking's oral obesity drug, VK2735, aims to compete with Eli Lilly's drug, orforglipron, which saw a 12% weight-loss rate after 72 weeks. Eli Lilly shares rose 1.5% in premarket trading. "Data look inferior to LLY on almost all metrics and the thing to consider here is that patients discontinued at such a high rate over 13-weeks vs. LLY in the mid 20% range — but over 72-weeks," Mizuho analyst Jared Holz wrote in a note. "A much longer trial, and [therefore] LLY looks far better head-to-head." Read more here. S&P affirms US credit rating US stock futures were muted after the S&P reiterated its credit rating for the US. The 10-year Treasury yield (^TNX) and 30-year yield (^TYX) fell by about 2 basis points to 4.32% and 4.92%, respectively. Bloomberg reports: Read more here. US stock futures were muted after the S&P reiterated its credit rating for the US. The 10-year Treasury yield (^TNX) and 30-year yield (^TYX) fell by about 2 basis points to 4.32% and 4.92%, respectively. Bloomberg reports: Read more here. A suite of retail data is set to decode the resilient consumer American shoppers have kept the engine of the nation's GDP humming along. But it's worth pinpointing where all that resilience is coming from, as Yahoo Finance's Hamza Shaban lays out in today's Morning Brief. Read more here. American shoppers have kept the engine of the nation's GDP humming along. But it's worth pinpointing where all that resilience is coming from, as Yahoo Finance's Hamza Shaban lays out in today's Morning Brief. Read more here. Medtronic appoints 2 new board members after Elliott takes a stake Shares of medical device maker Medtronic (MDT) fell 3% premarket after the company announced it would add two new independent directors to its board. Veteran med-tech executives John Groetelaars and Bill Jellison were appointed, the company said. The change comes as activist investor Elliott Investment Management has become one of its largest shareholders. Additionally, the board formed two new committees, helmed by CEO Geoff Martha. The Growth Committee will evaluate M&A opportunities, R&D investments, and potential divestitures. The Operating Committee will focus on margin expansion and operational efficiency. Shares of medical device maker Medtronic (MDT) fell 3% premarket after the company announced it would add two new independent directors to its board. Veteran med-tech executives John Groetelaars and Bill Jellison were appointed, the company said. The change comes as activist investor Elliott Investment Management has become one of its largest shareholders. Additionally, the board formed two new committees, helmed by CEO Geoff Martha. The Growth Committee will evaluate M&A opportunities, R&D investments, and potential divestitures. The Operating Committee will focus on margin expansion and operational efficiency. Home Depot slightly misses Wall Street's mark in Q2 earnings, reiterates guidance Home Depot (HD) released its second-quarter earnings on Tuesday. The retailer's stock fell about 2% premarket before recovering. Yahoo Finance's senior reporter Brooke DiPalma looks at the latest from the home improvement retailer and how the US housing slump has impacted its bottom line. Read more here. Home Depot (HD) released its second-quarter earnings on Tuesday. The retailer's stock fell about 2% premarket before recovering. Yahoo Finance's senior reporter Brooke DiPalma looks at the latest from the home improvement retailer and how the US housing slump has impacted its bottom line. Read more here. Wall Street sees stock market rotation charting 'healthiest path' to new highs The stock market's record rally is showing early signs of broadening beyond Big Tech as investors rotate into lagging sectors, but strategists warn its durability hinges on earnings and Fed policy. Yahoo Finance's Allie Canal reports: Read more here. The stock market's record rally is showing early signs of broadening beyond Big Tech as investors rotate into lagging sectors, but strategists warn its durability hinges on earnings and Fed policy. Yahoo Finance's Allie Canal reports: Read more here. Premarket trending tickers: Palo Alto, Nu holdings and Intel Here's a look at some of the top stocks trending in premarket trading: Palo Alto Networks (PANW) shares rose 5% in premarket trading on Tuesday after the Santa Clara cybersecurity firm forecast fiscal 2026 revenue and profit above analysts' estimates, citing growing demand for its AI powered cybersecurity solutions. Digital banking group Nu holdings (NU) stock rose 2% before the bell after Morgan Stanley (MS) analyst Jorge Kuri reiterated a Buy rating on the company and set a price target of $18.00. Intel (INTC) stock rose premarket more than 6% after Softbank Group (9984.T) announced a $2 billion capital injection into the US chipmaker that is currently in the middle of a turnaround effort. Here's a look at some of the top stocks trending in premarket trading: Palo Alto Networks (PANW) shares rose 5% in premarket trading on Tuesday after the Santa Clara cybersecurity firm forecast fiscal 2026 revenue and profit above analysts' estimates, citing growing demand for its AI powered cybersecurity solutions. Digital banking group Nu holdings (NU) stock rose 2% before the bell after Morgan Stanley (MS) analyst Jorge Kuri reiterated a Buy rating on the company and set a price target of $18.00. Intel (INTC) stock rose premarket more than 6% after Softbank Group (9984.T) announced a $2 billion capital injection into the US chipmaker that is currently in the middle of a turnaround effort. Good morning. Here's what's happening today. Economic data: Housing starts (July); Building permits (July) Earnings: Home Depot (HD), XPeng (XPEV), Medtronic (MDT), Amer Sports (AS), Toll Brothers (TOL), La-Z-Boy (LZB) Here are some of the biggest stories you may have missed overnight and early this morning: Signs of a healthier path to new records emerge for stocks Nvidia is working on an H20-beating AI chip for China Trump tariffs get S&P seal of approval Why stocks are looking ripe for a regime shift Intel gets a $2 billion lifeline from SoftBank Trump pushes Putin-Zelensky meeting after talks with both Home Depot to report earnings as Wall Street eyes US sales growth Why Google just boosted its stake in a bitcoin miner Economic data: Housing starts (July); Building permits (July) Earnings: Home Depot (HD), XPeng (XPEV), Medtronic (MDT), Amer Sports (AS), Toll Brothers (TOL), La-Z-Boy (LZB) Here are some of the biggest stories you may have missed overnight and early this morning: Signs of a healthier path to new records emerge for stocks Nvidia is working on an H20-beating AI chip for China Trump tariffs get S&P seal of approval Why stocks are looking ripe for a regime shift Intel gets a $2 billion lifeline from SoftBank Trump pushes Putin-Zelensky meeting after talks with both Home Depot to report earnings as Wall Street eyes US sales growth Why Google just boosted its stake in a bitcoin miner Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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More scheduling challenges await top players in 2026
ATLANTA – The PGA Tour's 35-event slate for 2026 had few surprises. The majors will remain major, the signature events will again dominate the landscape and everyone else, both non-signature tournaments and players, will continue to scramble for relevancy. Outside of Trump National Doral's return to the lineup – a somewhat curious move given the Blue Monster's status as a LIV Golf venue the last four years – next year's schedule looks much like this year's version and that is not entirely a good thing. While the expansion to nine signature events with the addition of the Miami Championship seemed inevitable given the success of the limited-field, big-money events, the return to Doral only compresses a schedule that was already as congested as Interstate-20 at rush hour. Consider one six-week stretch next spring features two majors (the Masters and PGA Championship) and three signature events (the RBC Heritage, Miami Championship and Truist Championship). For star players who were already looking for relief – not to mention tournaments like the CJ Cup Byron Nelson which now finds itself wedged between the Truist Championship, Charles Schwab Challenge and the Memorial, an invitational and signature event, respectively – next year's schedule is even more loaded with can't-miss stops. It's not just the star players who will feel more of a pinch in '26. Those players who will begin the year outside the top 50 on the FedExCup bubble will face a nine-week stretch from April to early June that includes just four full-field events, with two of those being the Zurich Classic (a two-man team event) and an opposite-field event that awards less than half the FedExCup points (300) than a signature event (700). There will be a similar crunch heading into the Florida swing with the Cognizant Classic framed by two signature events (the AT&T Pebble Beach Pro-Am and Genesis Invitational) and the Arnold Palmer Invitational and The Players Championship, yet another signature event and the Tour's flagship event, respectively. The Tour's new CEO Brian Rolapp, who is scheduled to meet with the media Wednesday at the Tour Championship, has probably already discovered the foolishness of trying to please everyone but it is noteworthy that next year's schedule doesn't seem to land with either the stars or journeymen. 'I look at it in the sense of if there's a particular golf course or there's something to where I don't feel like I can play well or it's a place that maybe doesn't fit my eye historically, whatever it may be, then as a professional golfer, I have a hard time [going],' Justin Thomas said. 'If there are places that I think people look at that way, then you have to do what's best for that particular person. Obviously, the perfect model would be for all of us to be at all the events as often as possible.' Whether the addition of Doral as a signature event was an inevitable expansion that could signal the Tour's long-term intent or a political reality is unclear, but it does further aggravate the fear of 'load management' for the game's top players. It is a fear that took on new life earlier this month when Rory McIlroy skipped the year's first playoff event in Memphis. Never mind that McIlroy appeared to strongly indicate following last year's FedEx St. Jude Championship that he would not be returning to TPC Southwind in 2025, or that he was the only player out of the 70 who qualified to skip the opener, the handwringing reached feverish levels. 'I'll always choose the schedule that best fits me, and this year that meant skipping a few signature events. I might skip less next year. I might skip the same amount, I don't know,' said McIlroy, who played five of this year's eight signature events. 'The luxury of being a PGA Tour player is we are free to pick and choose our schedule for the most part, and I took advantage of that this year and I'll continue to take advantage of that for as long as I can.' The working theory at East Lake is the Tour is considering making participation in all the signature events mandatory to be eligible for the Tour Championship, which would be another workaround that will likely be equally unpopular among the star players. To be clear, players are not against the kind of limited-field, big-money events that are becoming the norm on Tour. What they typically don't like, however, is the kind of scheduling that requires five starts in six weeks which is why professional golf's version of load management has become a legitimate concern. When the Tour first introduced signature events there was an attempt to leverage bonuses from the Player Impact Program with participation but that was met with mixed results. On this the independent contractors are surprisingly unified. Instead of trying to concoct a new way to mandate participation in top events the Tour would be better served by focusing on building a better schedule.
