Daily ideas

US-to-Asia LNG needs about three ships per MTPA versus one from Qatar, but charter coverage and vessel deliveries can delay the earnings effect.

Edwards Lifesciences grew Q2 2026 sales 13.6% to $1.74 billion with TAVR up 10.5% in constant currency; Q3 tests whether TAVR growth holds once share gains lap.

Dominion and Exelon are using cost allocation and collateral to screen large data-center loads before grid investment, shifting stranded-asset risk away from existing customers.

TC Energy's Q2 2026 comparable EBITDA rose 12% to C$2.95 billion; Q3 earnings test whether U.S. pipelines and Bruce Power can offset fading Mexico growth.

WisdomTree reported $500 million of Q3 on-chain inflows as Flow Traders saw tokenized-asset volume rise 62% year over year despite weaker crypto ETF trading.

Aflac posted Q2 2026 adjusted EPS of $1.75 with a 64.0% Japan benefit ratio; Q3 tests whether that ratio holds near 63% once the annual review release is stripped out.

Ecolab and Veralto say direct-to-chip cooling adds recurring coolant, monitoring and service demand, although full-system refresh timing remains unsettled.

MetLife lifted Q2 2026 adjusted EPS 20% to $2.43 on a 79.0% group life mortality ratio; Q3 earnings test whether VII and buybacks can carry EPS to about $2.77.

Fuchs and Quaker Houghton say the Gulf base oil shortage has made reliable delivery outrank price for lubricant buyers, bringing new customers and multi-year contracts.

Targa posted record Q2 2026 adjusted EBITDA of $1.603 billion, up 38%, helped by Permian spread gains; Q3 shows whether fee volumes can hold the $5.9 billion guidance top end.

Civeo, Black Diamond and Cavco say data centers and Canadian energy projects have absorbed idle workforce camps, pushing quotes toward new-build pricing and orders to factories.

Teva's Q2 2026 revenue fell 1% to $4.14 billion as US AUSTEDO sales rose 37%; Q3 earnings test whether pre-IRA destocking pushes AUSTEDO below guidance.

Block's Q2 2026 gross profit rose 25% to $3.166 billion as Cash App lending grew 59%; Q3 results test whether Cash App holds up as Borrow lending slows.

Keurig Dr Pepper's Q2 2026 net sales rose 75.6% to $7.3 billion as its U.S. Coffee margin fell to 24.5%; Q3 earnings test whether coffee profits recover.

Thomson Reuters grew Q2 2026 revenue 9% to $1.95 billion with 10% Big 3 organic growth; Q3 earnings test whether Legal AI upgrades sustain 10% and the margin holds near 35%.

PostNL reported a near-32% drop in Asian international parcels as EU duties also hurt Europris online sales and profitability, pushing commerce toward local fulfillment.

The FCC will stop recognizing China-based device test labs from December 2028, pushing certification work toward Taiwan and Korea, where HCT holds FCC TCB status.

Moderna posted Q2 2026 revenue of $145 million with $6.9 billion in cash; Q3 earnings test whether U.S. fall COVID sales can carry about $880 million.

Vista reports 36,000 bpd of spare pipe capacity and 80,000 bpd more from BEMOS, while YPF says infield evacuation facilities now limit growth.