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.

Hitachi says AI improved domestic IT service productivity by 10%, expanding delivery capacity, but its revenue and profit impact remains unquantified.

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.

Reddit Answers reached 15 million weekly active users and is moving into universal search, but its revenue contribution remains undisclosed.

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

AudioCodes said Meeting Insights Cloud Edition meeting volume roughly doubled year over year, but it did not disclose product revenue or its share of total sales.

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.

XPO said its AI-supported workforce planning lifted second-quarter productivity nearly 2.5 points, but its profit contribution remains undisclosed.

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

Alignment Healthcare says AVA identifies about 10% of members tied to nearly 70% of next-30-day admissions, sharpening clinical outreach.

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.

Public Storage says its AI staffing model cut property hours by over 30% and helped lower payroll, though incentives and other initiatives blur its impact.

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.

Kroger plans to expand SmartWay from about 130 to 1,000 items as AVI and US food suppliers report price-led sales with weaker volumes.

Cheetah Mobile’s AgentOS robots doubled Q3 China revenue year over year, but the company has not isolated the AI system’s revenue or profit contribution.

The FCC left Chinese optical module makers off its restricted list, preserving HGTech's US access while component and order risks remain.

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.

Butler National and PWR Holdings are converting approved aviation modifications and parts into repeatable shipments, easing hangar constraints while shifting the bottleneck to certification.