Daily ideas

PACCAR and Rush say fleets prefer proven 200 mg engines while testing lower-NOx technology, turning the EPA 2027 shift into a staged transition.

ADP says its ADP Assist AI agents moved into broad use, with 3.1 million users and 12 million conversations in fiscal 2026, but it has not tied them to its costs.

National Grid earned 78.0p underlying EPS in 2025/26 as net debt rose to £44.16bn; its half-year results test whether RIIO-T3 lifts UK transmission profit above 18% growth.

EQT says AI capex generates 20%-30% of leasing demand in its portfolio, while STAG reports a 26% share and six-to-seven-year lease terms.

Entergy's Q2 2026 adjusted EPS slipped to $1.03 from $1.05 as interest and dilution offset rate gains; Q3 earnings test whether rate actions outrun financing costs.

J.B. Hunt and Werner say freight demand is available, but qualified-driver supply, training lead times and compliance enforcement are limiting carrier growth.

Lumentum posted $1.006 billion Q4 revenue at a 50.4% non-GAAP gross margin; Q1 tests whether fab capacity lifts laser chip sales while margins hold near 50%.

Ericsson and five hardware peers are prepaying, stockpiling, signing multiyear supply deals, or repricing as AI demand tightens memory supply.

Realty Income earned $1.09 in AFFO per share in Q2 2026 as acquisition yields fell to 6.4%; Q3 earnings test whether its $10 billion plan still adds to per-share growth.

L&T and MAIRE describe customer recovery of conflict-related project costs, while Technip Energies shows why signed terms still matter.

Cameco's Q2 2026 uranium gross profit fell 27% to C$158 million as deliveries dropped 18% and unit costs rose 26%; Q3 tests whether higher prices offset the Key Lake shutdown.

SK Hynix has secured over 50% of 2027-2028 capacity under LTAs, while Seagate has allocated most nearline exabytes through 2028.

Corbion estimates a roughly 26 million annualized sulfuric-acid impact, while Borregaard weighs surcharges as sulfur costs rise across chemical chains.

Cigna earned $7.78 per adjusted share in Q2 2026 as pharmacy benefit profit fell 27%; Q3 earnings test whether that decline has bottomed as specialty growth slows.

NiSource expects GenCo EPS of $0.32-$0.40 by 2030, while AEP and FirstEnergy assess similar structures for data center power projects.

MUFG grew Q1 net interest income 27.7% to ¥882.4 billion and profit 48.2% to ¥809.4 billion; first-half results test whether its yen spread kept widening after the June BoJ hike.

Nabors and Precision Drilling say scarce high-spec rigs and $4 million-$8 million reactivation costs are pushing some US contracts toward longer terms.

Diamondback Energy pumped 525,200 barrels of oil a day in Q2 2026 and cut net debt to $12.3 billion; Q3 earnings test whether output holds after its DUC drawdown.