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AMD has already had one of the best years of any stock in the market. Up more than 170% year-to-date. A market cap pushing toward $1 trillion. A server CPU business that’s been quietly taking share from Intel while the GPU story was getting all the headlines. Wells Fargo analyst Aaron Rakers raised his price target to $615 from $505 at the end of June after AMD’s EPYC Venice processors began ramping ahead of any prior generation.Then on July 22, AMD confirmed a deal with Anthropic worth up to $5 billion. And Rakers put out another note saying the Anthropic deal gave him “further confidence” in estimates that are already above Wall Street consensus. The $615 target stays. The conviction behind it just got stronger.Wells Fargo holds $615 AMD price target after Anthropic dealThe Anthropic deal was widely expected by investors. AMD had already announced similar arrangements with Meta and OpenAI, each committing to 6 gigawatts of AMD-based infrastructure, with 1GW initial deployments from both expected in the second half of 2026.Anthropic’s deal adds up to 2GW of Instinct MI455X GPUs and Helios rack-scale systems, with the first gigawatt of compute beginning deployment in the first half of 2027. AMD’s equity investment of up to $5 billion in Anthropic is milestone-contingent, meaning AMD writes the check as Anthropic hits agreed deployment targets.More Wall Street:Wall Street sends strong 4-word verdict on the stock marketWall Street’s $200 billion IPO wave threatens sell-offWall Street flees software plays for triple-digit chipmaker boom”While an Anthropic deal was widely anticipated, we view this as incrementally positive following this week’s Microsoft announcement,” Rakers wrote in the note,according to TipRanks. “We have ‘further confidence’ in our above-consensus AMD data center GPU revenue estimate at $40.6B in 2027. We think this will easily push buy-side expectations to greater than $50B.”AMD shares rose roughly 2% on July 22 in midday trading. The stock has been one of the strongest performers in semiconductors all year. Rakers ranks 8th out of more than 12,000 Wall Street analysts tracked by TipRanks, with a 73% success rate and an average return of 59.4%.Why Wells Fargo sees AMD GPU revenue doubling Wall Street’s expectationsRakers’ $40.6 billion data center GPU revenue estimate for 2027 isn’t just above consensus. It’s substantially above it. His 2027 EPS estimate of $13.40 runs roughly 3% ahead of the Street. His 2028 estimate of $18.75 is about 8% above consensus. The $615 price target is built on a 33 times earnings multiple applied to that 2028 number.The GPU numbers are what make the model striking. Rakers projects GPU revenue of $15.6 billion in 2026, then a near-tripling to $40.6 billion in 2027, and nearly $63 billion by 2028. That trajectory reflects his view that AMD is moving from training into inference, where its EPYC CPUs and Instinct GPUs create genuine competitive leverage against Nvidia.The AMD-Anthropic deal includes a multi-year engineering collaboration. Anthropic will use Claude to optimize workloads on AMD’s ROCm software stack and Instinct GPUs. That’s the piece that matters beyond the headline number.AMD’s historical weakness against Nvidia has been software, not hardware. A deep technical partnership with one of the world’s leading AI labs is a direct attempt to close that gap, as TheStreet reported.

AMD has already had one of the best years of any stock in the marketJustin/Getty Images

The AMD server CPU story Wall Street keeps underestimatingThe June 30 price target raise was actually built primarily on the server CPU story, not GPUs. Rakers raised his server CPU revenue estimates to $16 billion for 2026, $20.5 billion for 2027, and $25 billion for 2028. The 2026 figure represents 68% year-over-year growth. He left his GPU estimates unchanged at that point.The driver is AMD’s sixth-generation EPYC Venice processor, built on 2nm architecture, which began production ramping in late May 2026 with volume shipments expected through the second half of the year. More customers are validating and ramping Venice than any prior EPYC generation, according to Invezz.Agentic AI is driving a lot of that. As AI inference workloads scale across data centers, the CPU sitting alongside the GPU becomes a more meaningful part of the total system cost and performance equation.AMD closed June at $580.91, hitting a new 52-week high of $584. The stock is up more than 170% year-to-date. That kind of run typically makes analysts more cautious about raising targets. Rakers isn’t cautious. He thinks the earnings growth ahead is large enough to justify the valuation even after the run.What AMD’s Microsoft and Anthropic deals say about its fight with NvidiaAMD now has announced AI compute commitments totaling roughly 14 gigawatts across Anthropic, Meta, and OpenAI. Microsoft announced plans to expand its Azure cloud with AMD technology earlier in the same week as the Anthropic deal.That sequence isn’t coincidental. AMD has been systematically building relationships with the hyperscalers and frontier AI labs that will determine which GPU platforms get scaled over the next three to five years.Nvidia’s real moat isn’t the chips. It’s CUDA, the software layer that makes its GPUs easier to build on. AMD has ROCm, which works, but it hasn’t had the customer pull to make developers switch.Getting Anthropic to commit to a multi-year engineering project specifically around optimizing Claude on AMD hardware is a different kind of win than a purchasing agreement. Customers buy things. Engineering partners build things together. That’s the gap AMD is trying to close.Barclays analyst Tom O’Malley called the absence of equity warrants in the Anthropic deal notable, describing it as evidence of “which direction the puck is moving in a supply-constrained world.” AMD’s prior deals with Meta and OpenAI included equity warrants. Anthropic didn’t ask for them.That’s the market telling you something about AMD’s negotiating position right now, and it’s the kind of signal Rakers is factoring into a $615 target that still implies roughly 12% upside from where the stock was trading on July 22. Related: Bank of America resets AMD stock price target

Bank of America reiterated its Buy rating and $130 price target on ServiceNow (NOW) after the software company reported stronger-than-expected second-quarter contract growth. The target represents about a 36% upside from the $95.46 share price listed in BofA’s July 23 report.According to the report, ServiceNow’s subscription revenue rose 24.5% to $3.88 billion, and current remaining performance obligations (contracted revenue expected within the next 12 months) increased 21% to $13.2 billion. Both measures exceeded Wall Street expectations.BofA highlighted a less obvious point in the report: ServiceNow’s AI agents may benefit from the workflow history and infrastructure records already stored on its platform.Analyst Tal Liani said ServiceNow can draw on that context when an agent encounters an enterprise problem that does not have a simple, documented solution.Because ServiceNow already stores those records, its agents could handle difficult cases with fewer data-integration steps than an outside AI product, according to the report.BofA says enterprise context can help ServiceNow handle harder casesA basic service-desk agent can reset a password, classify a support ticket, or approve software access by following a documented process.An application outage presents a more complicated task. Before taking action, an agent may need to identify which servers support the application, review recent configuration changes, check which other services depend on it, and confirm who has authority to approve a repair.The product debate is shifting from simple L1 automation … to broader agentic workflows.ServiceNow can provide that background through customers’ workflow histories, its Configuration Management Database (CMDB) and newer knowledge tools.The CMDB records applications, servers, services, and the relationships among them. ServiceNow’s Context Engine adds information about people, roles, company policies, and prior decisions. Those records can help an agent determine which systems could be affected before it changes a configuration or restarts a service.A customer deploying a third-party AI tool may need to extract records from several systems, explain how those records relate to one another, and return the agent’s output to the software where employees complete the work.ServiceNow can give an agent access to existing workflows, system relationships, permissions, and approval rules on the same platform. BofA said the setup could reduce deployment costs and complexity while allowing the agent to complete a larger portion of the process.More AI:The new Chinese AI model rattling U.S. tech investorsAnthropic restores access to Mythos 5 for select organizationsSoftBank CEO offers stinging critique of Musk’s AI betThe approach could become more useful as companies move beyond repetitive support requests. Poorly documented incidents, unusual security events, and work spanning several departments require agents to interpret company-specific information before choosing an action.BofA views ServiceNow’s position inside those workflows as its key strategic advantage over third-party AI tools. But the firm also cautioned that the advantage still depends on pricing, the quality of agents’ results, and customers’ willingness to expand their usage.

Sundry Photography / Getty Images

ServiceNow’s AI products are gaining paid adoptionServiceNow’s second-quarter results provide early commercial evidence for BofA’s argument.The company’s AI products surpassed $1 billion in annual contract value during the quarter. The number of customers running ServiceNow’s agentic AI in production increased ninefold over the past nine months.ServiceNow is also charging more when customers upgrade to packages containing its newest AI products.CFO Gina Mastantuono said that pricing increases for the company’s established Pro Plus packages remained above 30%. Upgrades to recently introduced AI-native packages produced increases of 20% to 30%, in line with the range ServiceNow had previously outlined.Related: Bank of America resets ServiceNow stock price target sharplySecurity is one example of how ServiceNow can combine enterprise information with an automated response. ServiceNow’s security and risk products appeared in 16 of its 20 largest second-quarter deals, and the company completed 24 security deals worth more than $1 million each, according to BofA.Products added through Armis and Veza provide information about devices, vulnerabilities, and user identities. ServiceNow can connect those records to workflows that assign a problem, route an approval, and document the steps taken to resolve it.BofA said traction from AI Control Tower, Armis and Veza helped drive the quarter’s security results.ServiceNow’s key second-quarter AI indicatorsMore than $1 billion: AI annual contract valueNinefold: Increase in customers running agentic AI in production over nine months20% to 30%: Pricing increase from upgrades to AI-native packages24: Security deals worth more than $1 million eachThe cost of running AI remains the next testBofA’s argument depends on three unresolved questions: whether ServiceNow’s agents consistently produce reliable results, whether customers expand their usage, and whether the company can charge enough to cover the costs of running AI workloads.ServiceNow’s second-quarter gross margin fell to 77.9%, down from 81% a year earlier, and came in below BofA’s 79.3% estimate. The firm reduced its fiscal 2026 gross-margin estimate by 45 basis points to 78.9%.A lower gross margin means a larger portion of ServiceNow’s revenue is being consumed by the cost of delivering its products. BofA expects AI adoption and increased use of hyperscaler infrastructure to remain near-term expenses. The integration of recent acquisitions adds further costs.The company offset some of that pressure elsewhere in the income statement. Its adjusted operating margin reached 29.5%, about 270 basis points above Wall Street expectations, helped by stronger subscription revenue and the timing of spending.Management maintained its full-year operating-margin forecast of 31.5%, however, as AI usage and acquisition integration continue to weigh on expenses.The quarter’s subscription-revenue outperformance also received help from U.S. federal customers. Strong demand shifted some on-premise revenue recognition from the third quarter into the second.ServiceNow forecast third-quarter subscription revenue of $3.975 billion to $3.980 billion, slightly below the roughly $4 billion that analysts expected. The pull-forward means investors cannot attribute the entire second-quarter beat to AI demand.ServiceNow has shown that customers will deploy its AI products and pay more for upgraded packages. Sustaining BofA’s bullish view now requires those agents to resolve complex cases accurately and cheaply enough to expand usage without pushing gross margins lower.Related: ServiceNow gets bearish call before major earnings test

True boat lovers reject the popular saying that the two happiest days of a boater’s life are the day they buy the boat and the day they sell it. For them, happiness is putting the boat in the water and sailing off, never-ending expenses included. That devotion drove a boom in boat sales during the Covid pandemic, as many Americans turned to the water to escape. After seeing a spike in sales during the crisis, when most other industries struggled, the recreational boating market is now feeling the impact of consumers’ discretionary spending cuts. In fact, most boat owners make less than $100,000 a year, often purchasing smaller and more affordable vessels. This makes the industry “particularly sensitive to shifts in consumer confidence and credit availability,” according to IBIS World’s Boat Sales & Repair in the U.S. report. According to Deloitte’s State of the US Consumer July 2026 report, discretionary spending intentions grew for a third straight month in June; however, they remain below the 2021 baseline. The full-year 2025 data from NMMA reveal that new boat retail unit sales dropped 8.8% year over year to 215,237 units, down from 236,070 units in 2024. Amid these shifts in consumer behavior, the largest U.S. boating retailer, West Marine, recently filed for Chapter 11 bankruptcy and closed 59 stores. More recently, the boat retailer confirmed an additional wave of closures. West Marine closes another 32 stores West Marine Inc., the largest boating and marine supplies retailer in the United States, recently confirmed plans to close an additional 32 retail locations, bringing the total number of stores slated for closure to 91, reported BoatBlurb. The latest 32 closures join the previously announced 59 closures and are part of the company’s Chapter 11 bankruptcy restructuring. The company disclosed several factors pushing it into bankruptcy, includingsupply chain disruptions, extreme weather events, and shifts in consumer behavior, according to its official press release. West Marine aims for Chapter 11 to help it strengthen its balance sheet, reduce debt, and improve financial flexibility. “We recently made the difficult decision to close select store locations. While this change wasn’t easy, our commitment to you hasn’t changed one bit — West Marine is open, stocked and ready to help with everything you need to get back on the water,” the company states on the store closure web page. 

West Marine closes a total of 91 stores in Chapter 11 bankruptcy.Smith Collection/Gado/Getty Images

West Marine’s total 91 locations closed: Alabama (1)
Mobile: 5004 Dauphin Island Pkwy. 
California (7)
Chula Vista: 630 Bay Blvd. 

Monterey: 2024 Del Monte Ave.  

Oceanside: 1719 Oceanside Blvd. 

Pittsburg: 4645 Century Blvd.  

Redding: 2607 Bechelli Lane  

Sacramento: 9500 Micron Ave #116 

Santa Barbara: 132C Harbor Wy.
Connecticut  (2)
Branford:  33 Business Park Dr.

Norwalk: 99 Water St.
Delaware (1)
Rehoboth Beach: 18914 Rehoboth Mall Blvd. 
Florida (18)
Bonita Springs: 28520 Bonita Crossings Blvd. 

Fernandina Beach: 474347 E. State Road 200 

Jacksonville: 14180 Beach Blvd. 

Orlando: 7478 S. Orange Blossom Trl. 

Palm Coast: 250 Palm Coast Pkwy. NE 

Port Charlotte: 4265 Tamiami Trail 

Venice: 1860 Tamiami Trail S 

Winter Haven: 1107 3rd St. SW 

Deerfield Beach: 110 N. Federal Hwy. 

Cutler Bay: 19407 S. Dixie Hwy. 

Miami-Westchester: 8687 Coral Wy. 

Pinecrest: 11735 S. Dixie Hwy.

Delray Beach: 2275 South Federal Hwy., Ste. 220 

Punta Gorda: 700 Tamiami Trail 

Melbourne: 1001 W. New Haven Ave.

Jensen Beach: 3554 NW Federal Hwy. 

Spring Hill: 1279 Wendy Ct. 
Georgia (1)
Savannah: 7700 Abercorn St. 
Illinois (2)
Fox Lake: 2 W. Grand Ave. 

Winthrop Harbor: 1707 7th St. 
Louisiana (2)
Lafayette: 2668 Johnston St. 

Mandeville: 1803 N. Causeway Blvd. 
Massachusetts (3)
Marblehead: 32 Atlantic Ave.  

Vineyard Haven: 52 Beach Rd. 

Danvers: 139 Endicott St.
Maryland (5) 
Baltimore: 2700 Lighthouse Point E  

Edgewater: 3257 Solomon’s Island Rd.  

Ocean City: 12638 Ocean Gateway 

Rock Hall: 21386 Rock Hall Ave. 

North East: 475 N. Mauldin Ave. 
Maine (2)
Portland: 127 Marginal Way  

Southwest Harbor: 11 Apple Lane  
Michigan (7)
Bay City: 4128 Wilder Rd.  

Grand Haven: 810 Jackson St.  

Muskegon: 2492 Henry St.  

Petoskey: 105 West Mitchell St.  

St. Clair Shores: 25050 Jefferson Ave.  

Troy: 789 E. Big Beaver Rd.  

Holland: 12513 James St. 
Minnesota (1)
Minnetonka: 12350 Wayzata Blvd. 
Missouri (1)
Osage Beach: 3872 Osage Beach Pkwy.  
North Carolina (2)
Oriental: 1104 Broad St. Ext.  

Raleigh: 3027 Capital Blvd.  
New Jersey (4) 
Cape May: 791 Route 109  

Eatontown: 178 State Route 35 S  

Toms River: 213 Route 37 East  

Lodi: 100 Route 17 South
Nevada (1)
Reno: 2505 Mill St.  
New York (6) 
Irondequoit: 1850 Ridge Rd. East  

Port Washington: 16 Soundview Marketplace  

Watertown: 21214 Pioneer Plaza Dr. 

Buffalo: 2192 Niagra St. 

Huntington Harbor: 56 New York Ave. 

Riverhead: 1089 Old Country Rd. 
Ohio (4)
Cleveland: 1577 Saint Clair Ave. NE 

North Olmsted: 24781 Lorain Rd.  

Sandusky: 207 E. Water St.  

Toledo: 6176 N Summit Bldg. F 
Oregon (2)
Tigard: 15230 SW Sequoia Pkwy.  

Portland: 12085 N. Parker Ave. 
Pennsylvania (1)
Bensalem: 2126 Street Rd.  
South Carolina (5)
Anderson: 3501-2 Clemson Blvd.   

Murrells Inlet: 12078 Highway 17 Bypass  

North Myrtle Beach: 1288 Highway 17 N  

Port Royal: 1347 Ribaut Rd.  

Columbia: 142 Harbison Blvd. 
Tennessee (1)
Knoxville: 7812 Kingston Pike 
Texas (1) 
Lewisville: 4850 SH 121 
Virginia (2) 
Glen Allen: 10819 W. Broad St. 

Alexandria: 601 South Patrick St. 
Vermont (1)
Burlington: 861 Williston Rd. 
Washington (7) 
Bellingham: 3560 Meridian St.  

Bremerton: 5971 State Hwy. 303 NE  

Everett: 1716 West Marine View Dr. 

Port Townsend: 2428 Washington St.  

Spokane: 5306 East Sprague Ave. 

Bellevue: 13211 Northup Wy. 

Olympia: 1530 Black Lake Blvd SW Suite C 
Wisconsin (1) 
Greenfield: 4141 S 76th St.

Source: Notice of Filing Store Closing List, West Marine 

West Marine Chapter 11 bankruptcy details and canceled auction West Marine signaled it is preparing for a potential Chapter 11 bankruptcy filing to restructure its debt and lease obligations, TheStreet Co-Editor-in-Chief Daniel Kline reported in May 2026. Since then, the outdoor giant filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of Delaware, closed 59 stores, and now an additional 32.  “West Marine has been a trusted partner to the boating community for decades, and we remain deeply committed to that mission. The actions we are taking today will allow us to optimize our operations and rationalize our footprint, so that we can focus on continuing to serve our customers and community well into the future,” stated CEO Paulee Day, when the company filed for Chapter 11. To support ongoing operations through the Chapter 11 process, West Marine reached an agreement with its secured lenders to use its cash collateral. The lenders also agreed to provide new financing to support the company’s exit from Chapter 11. Related: Discount grocery chain closing storesAfter filing for Chapter 11 bankruptcy, West Marine also filed customary first-day motions with the Bankruptcy Court requesting authority to continue operations without disruption, which includes meeting employee payroll and benefits. The company’s restructuring process faced its first major hurdle when an asset auction was canceled after no qualified bids emerged, reported SGB Media on July 7, 2026. The boating and fishing retailer confirmed it plans to continue with its pre-arranged reorganization plan that includes the closure of around one-quarter of its locations and an exchange of debt for equity. Under the pre-petition reorganization plan filed in Delaware’s bankruptcy court, lenders will convert roughly $251.2 million in term loan claims into 100 percent of the new equity interests in the reorganized company. The Restructuring Support Agreement (RSA) was backed by 100 percent of its FILO (First In, Last Out) lenders and 96.2 percent of its term loan lenders.  The document also states that the total outstanding obligations amount to $429.3 million. “Under the current reorganization plan, general unsecured creditors face a “death-trap” provision that will result in little to no financial recovery. The total amount owed to these unsecured creditors — which includes major vendors like Garmin International ($8.57 million), Virtual Supply ($5.8 million), and Sierra International ($4.7 million) — ranges between $99.3 million and $109.2 million,” reports SGB Media. West Marine confirmed that vendors and suppliers will be paid in full for all goods and services provided after the May 17, 2026, bankruptcy filing date. Only the debts incurred before filing are subject to losses. The Combined Confirmation Hearing, initially set for July 30, has been postponed to Aug. 11. What West Marine consumers should know regarding closures Consumers who own a gift card or placed an order for pickup at one of the stores scheduled for closure should know that they can still use the gift card at the closing store up to the closure date, online, or at any other West Marine location. The retailer also noted that all orders placed before June 12, 2026, can be picked up at a closing West Marine store location. Consumers can’t return or exchange merchandise at closing stores, as all sales are final at any closing store.Shoppers can still place orders online and in store, and warranties and product support will be honored. Regarding the West Advantage Rewards program, the company shared that members’ accounts will remain active, and loyal customers can continue to use their account benefits.What’s next for West Marine?  West Marine had more than 200 retail locations across North America before announcing its Chapter 11 filing. This suggests the retailer will soon be left with about 110 operating stores. In addition to closing stores with unprofitable leases, West Marine plans to transform and build its business around West Marine Pro, its wholesale and professional division, that drives more than 40% of its total revenue, writes Marine Industry News. West Marine Pro provides service to marine technicians, marina operators, fleet managers, boat builders and government organizations responsible for maritime assets.The boat giant also plans to remodel its remaining stores to better serve professional customers by allocating more space for high-volume marine parts, while scaling back non-essential/discretionary retail products.The retailer also plans to connect its store inventory to its website and Pro app. This lets commercial clients scan barcodes, view wholesale prices, and check local stock in real time.Related: Car dealer closes 40% of its stores, shares bankruptcy warning

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.Why we love this dealWhen you’re enjoying the outdoors, depending on where you are, you typically have to give up some of the comforts you enjoy in and around your home to take advantage of the adventure. But more and more products are on the market these days that help you bring the coziness of home with you whether you’re enjoying the beach, the lake, the mountains, or the campground. Comfortable furniture, multi-functional gear, and state-of-the-art tents have all changed how we enjoy the outdoors, helping get more folks outside and allowing you to enjoy your outside excursions even more. And when you’re enjoying an outdoor adventure with a buddy or group of friends, the Arrowhead Outdoor Camping Loveseat is the perfect piece of portable furniture you won’t want to travel without.The folding loveseat is designed for travel and is sturdy enough to support more than one person without actually being heavy while you transport it, and lucky for eager outdoorsmen it’s on sale on Amazon for 50% off. Originally $80, you can get the chair, which comes with a handy carrying bag, for only $40 right now. Arrowhead Outdoor Camping Loveseat, $40 (was $80) at Amazon

Courtesy of Amazon

Shop at AmazonWhy do shoppers love it?This folding chair brings the comforts of your couch to the great outdoors. Measuring 56 inches long, 21 inches wide, and 37.5 inches high, this collapsible loveseat can comfortably provide sitting or reclining space. With a weight capacity of 650 pounds, two adults can comfortably sit next to one another, two or three children can squeeze together onto the seat, or you can stretch out and enjoy the loveseat all by yourself. The seat itself sits 19 inches off the ground, measuring 40.7 inches long with a backrest measuring 18.5 inches. The soft but heavy-duty 600D Oxford polyester canvas fabric that the seat it constructed out of provides comfort while also being super supportive and sturdy. It’s padded with an integrated polyester cushioning along the seat and armrests, while the rest of the loveseat is made with a powder-coated alloy steel. Together, the two create a water-resistant piece of furniture that’s made for the outdoors. It won’t rust or deteriorate with exposure to moisture and it resists mildew and UV rays, so it won’t fade or become gross over time. Related: Amazon’s ‘easy to set up’ 10-foot pop-up canopy tent is on sale for $94Each armrest has an insulated cupholder to keep your drinks cold and there are two mesh compartments along the back for storage. It comes in a wide variety of colors and printsWhat to expect from a $40 camping chair: Pros and consProsWeight-bearing: The chair can hold up to 650 pounds.Easy-to-transport: The chair collapses and folds in easily. Use the carrying case for storage and transporting purposes. Comfortable but sturdy: The loveseat is made with heavy-duty Oxford polyester canvas fabric, polyester cushioning, and powder-coated alloy steel. Additional storage: The cupholders and mesh compartments along the back of the chair provide storage space. ConsFlimsy seams: Although sturdy, some shoppers find the stitching and seams to be flimsy and fray easily. Shoppers love this comfortable chair that’s perfect for two, sometimes even three people. It’s well-padded and comfortable but doesn’t trap heat which is ideal in super warm conditions. “It’s so convenient and reliable,” one shopper said. “Sturdy and heavy-duty,” another shopper said. Folks use it for everything from trips to the beach and mountains or to watch their child’s soccer games on weekends. Shop more deals Canpsky Lightweight Portable Camping Chairs, $93 (was $110) at AmazonOlixis Folding Camping Cot, $48 (was $70) at AmazonOutdorm 3-Person Camping Chair, $100 (was $130) at AmazonThe Arrowhead Outdoor Camping Loveseat is the comfortable way to ensure seating wherever you go, even when the destination is the great outdoors. 

On July 2, 1962, Sam Walton opened his first Walmart store in Rogers, Arkansas. Nestled in the Ozark Mountains, the 16,000-square-foot space was stocked with thousands of American-made products at “Always Low Prices.” This included home goods, clothing, gardening tools, and toiletries: A tube of Gleem toothpaste, for instance, cost 53 cents.A hit from the very beginning, Walmart had expanded to 38 stores by 1970, the year it went public. Just one year later, in May 1971, the company announced its first 2-for-1 stock split — a reflection of its rapid growth, rising share price, and management’s commitment to keeping shares accessible to everyday investors, just like its low-priced merchandise.In fact, the company has split its stock 12 times since going public. Along the way, as Walmart continued to grow, it became an early adopter of technology that helped it track inventory by computer, expand into international markets, and ultimately surpass competitors like Kmart and Sears.More than five decades later, that same willingness to embrace new technology — now in the form of artificial intelligence — continues to shape Walmart’s business. AI is helping the world’s largest retailer improve everything from inventory management to customer service, while also expanding its razor-thin margins.The company has also continued splitting its stock. Here’s a closer look at Walmart’s most recent split, stock split history, and whether another one could be on the horizon.Walmart stock split quick factsNumber of splits: 12 Most recent split: Feb. 22, 2024 (3:1)First split: May 19, 1971 (2:1)Decade with the most splits: 1980sMost common split ratio: 2:1 @feetdemon1000 #walmart ♬ Dexter – The blood theme – Geek Music When was Walmart’s last stock split?Walmart announced its latest stock split on January 30, 2024. According to its press release, the company split shares 3-to-1 for the benefit of the 400,000 store associates who participate in Walmart’s Associate Stock Purchase Plan.“Sam Walton believed it was important to keep our share price in a range where purchasing whole shares, rather than fractions, was accessible to all of our associates,” said Doug McMillon, the then-President and CEO of Walmart. “Given our growth and our plans for the future, we felt it was a good time to split the stock and encourage our associates to participate in the years to come. As Sam said, ‘We’re all in this together. That’s the secret.’”Shareholders of record as of February 22, 2024, received two additional shares of Walmart stock for each share they previously held. Shortly after the split, Walmart also announced that it would raise its dividend by 9%, its largest increase in over a decade.Related: Does Walmart pay dividends? Its yield and payouts explainedHow many times has Walmart split its stock?The big box retailer has split its shares 12 times in total — three times in the 1970s, five in the 80s, two in the 90s, and one in the 2020s.Walmart’s stock splitsSplit dateRecord dateSplit ratioFeb. 20242/22/243:1March 19993/19/992:1Feb. 19932/2/932:1June 19906/15/902:1June 19876/19/872:1Sept. 19859/3/852:1June 19836/20/832:1June 19826/21/822:1Nov. 198011/25/802:1August 19758/19/752:1March 19723/22/722:1May 19715/19/712:1Source: WalmartWhat would Walmart’s stock be worth if it had never split?Because Walmart has split its stock 12 times since it went public, an investor who purchased a share of the company’s stock on the day of its IPO would now hold 6,144 shares. At a July 22, 2026, closing price of around $108 per share, one original WMT share from October 1970 would be worth approximately $663,552.Related: How many employees does Walmart have in 2026? Its workforce, locations & layoffs explainedIs Walmart going to split its stock again?Walmart has not announced any plans for a future stock split; however, if the past is any guide, it could split shares again when its share price climbs to a level considered “inaccessible” for its store associates.More on stock splits:Nvidia’s stock split history: Everything you need to knowIBM’s stock split history: Why Big Blue stopped splitting sharesHome Depot’s stock split history: What you need to knowAround the time of its 2024 split, shares were trading in the $175 range — that level could offer investors a useful benchmark should the company’s continued earnings growth push the stock higher.Related: History of Walmart: Company timeline & facts

Novo Nordisk, the maker of Ozempic, is suing Eli Lilly over advertisements comparing some of their biggest-selling drugs.The ads compare Lilly’s Zepbound with Novo’s Wegovy, and Novo argues they give consumers a misleading picture of how the blockbuster weight-loss drugs stack up.At the center of the dispute is Lilly’s claim that patients taking Zepbound lost substantially more weight than those taking Wegovy in a direct clinical trial.Lilly says the comparison is based on a head-to-head clinical trial, which it calls the gold standard for comparing medicines.Novo says the problem is that the trial did not test a newer, higher dose of Wegovy that is now available to patients.That disagreement has opened a new legal front in the fierce competition between the two drugmakers in the booming obesity and diabetes market.Novo Nordisk challenges Lilly’s Zepbound advertisingNovo Nordisk filed a lawsuit on July 21 in U.S. District Court for the District of New Jersey, accusing Lilly of false and misleading advertising involving Zepbound and its diabetes drug Mounjaro.Novo alleges Lilly’s national advertising campaigns make its medicines appear significantly more effective than competing Novo drugs by relying on clinical trials that did not test doses of Wegovy and Ozempic that are now available.More Lawsuits:Meta layoffs take disturbing turn in new lawsuitOpenAI faces sanctions bid as copyright case escalatesFresh lawsuit drops bombshell on Micron stock priceOne of the Zepbound campaigns cited in the complaint reviewed by TheStreet prominently compares the average weight loss of roughly 50 pounds for patients taking Zepbound with about 33 pounds for patients taking Wegovy.Those figures come from Lilly’s SURMOUNT-5 trial, which directly compared tirzepatide, the active ingredient in Zepbound, with semaglutide, the active ingredient in Wegovy.According to the court complaint, participants receiving Zepbound at 10 milligrams or 15 milligrams lost an average of 20.2% of their body weight, compared with 13.7% for participants receiving Wegovy at 1.7 milligrams or 2.4 milligrams.Novo does not dispute that those were the trial’s results.Instead, it argues that continuing to use those results in broad comparisons became misleading after a higher 7.2-milligram dose of Wegovy became available.SURMOUNT-5 did not test that dose.“As new and more effective treatment options become available, people deserve accurate information that reflects the latest scientific evidence and helps them make informed care decisions,” said John Kuckelman, Senior Vice President and Group General Counsel at Novo Nordisk, in a statement to TheStreet.“Healthcare companies have a responsibility to keep their public claims accurate and current — ineffective, fine-print disclaimers do not fix the misleading impression created by major national campaigns.”

Novo Nordisk is suing Eli Lilly.jetcityimage / Getty Images

Eli Lilly stands behind Zepbound comparisonLilly strongly disputes Novo’s allegations and says its advertising is supported by a randomized clinical trial directly comparing the medicines.“The gold standard for comparing medicines is a robustly designed, well-conducted head-to-head clinical trial — like SURMOUNT-5, which remains the only head-to-head, randomized clinical trial directly comparing tirzepatide and semaglutide in weight management,” a Lilly spokesperson told TheStreet.“Rather than compete on the merits of its products, Novo is asking a court to stop Lilly from communicating the results of that trial.”Lilly said it stands behind its advertising.“It is truthful, it is transparent, and it is grounded in the most direct scientific evidence available — exactly what patients deserve,” the spokesperson said.“We will continue to focus on the science and defend against this lawsuit vigorously.”The competing arguments expose the central issue in the case.Lilly is relying on a trial that directly tested Zepbound against Wegovy.Novo argues that the comparison no longer fairly represents the products available today because Wegovy now has a higher approved dose that was never included in that trial.No head-to-head trial cited in the complaint has directly compared Zepbound with Wegovy at the newer 7.2-milligram dose.Novo points to newer Wegovy dataNovo argues in its complaint that results from a separate clinical trial of higher-dose Wegovy undermine the impression created by Lilly’s advertising.According to the lawsuit, Novo’s STEP UP trial found that participants receiving Wegovy 7.2 milligrams achieved an average weight loss of 18.8%, or approximately 47 pounds.Novo compares that result with a separate Lilly trial, SURMOUNT-1, in which participants receiving Zepbound at 15 milligrams achieved average weight loss of 20.9%, or approximately 48 pounds.The two medicines were not tested against each other in those trials.Novo nevertheless argues that the separate results show substantially closer weight loss than the 50-pound-versus-33-pound comparison highlighted in Lilly’s advertising.The company’s complaint argues that Lilly should conduct a new direct clinical trial comparing the currently available doses before making broad claims about product superiority.Lawsuit also targets Mounjaro and Ozempic advertisingNovo’s lawsuit extends beyond weight-loss drugs.The company is also challenging Lilly’s advertising, which compares Mounjaro, its tirzepatide medicine for type 2 diabetes, with Novo’s Ozempic.Lilly advertising cited in the lawsuit compares a 2.3% reduction in A1C with Mounjaro at 15 milligrams to a 1.9% reduction with Ozempic at 1 milligram.Novo argues that the comparison is outdated because Ozempic is also available at a higher 2-milligram dose.The SURPASS-2 trial underlying the comparison tested Mounjaro against Ozempic at 1 milligram and did not include the higher Ozempic dose, according to the complaint.Novo alleges that disclaimers acknowledging the limitations of the comparisons are not enough to correct the broader impression created by the advertising.Lilly says its advertising is truthful and transparent.Novo seeks to stop Lilly adsNovo is asking the court to stop Lilly from continuing the comparative advertising and is seeking damages and other relief.The lawsuit alleges the campaigns could influence which drugs patients ask their healthcare providers about and divert demand from Novo’s medicines to Lilly’s competing products.Novo says Lilly’s Zepbound campaign has reached a particularly large audience.According to the complaint, a revised Zepbound television commercial that began airing in late April had generated more than 700 million impressions.The dispute comes as Novo Nordisk and Eli Lilly battle for position in one of the pharmaceutical industry’s fastest-growing markets.And the lawsuit adds a new question, not simply which drug works better, but what evidence a company needs before it can tell millions of consumers what its drug does.Related: Popular breakfast chain sold, 16 locations shut down

Many of us remember the days when shopping at Target was an experience to look forward to.In recent years, that’s changed. Messy aisles, empty shelves, and disorganized inventory have wreaked havoc on the big-box giant’s reputation.Now, Target is on a mission to win back shoppers by rebuilding trust in the areas that matter most — product quality, value, and a better overall shopping experience.After years of pressure from changing consumer habits, economic uncertainty, and questions about its merchandise assortment, Target has been focused on improving key categories where it believes it can stand out.The baby category is especially important because it gives Target an opportunity to become a destination for one of the most valuable groups of shoppers — new and expecting parents.These customers often need a wide range of products, from everyday essentials to clothing to toys. Winning their trust can create years of repeat business, which is why Target’s newest investment makes a lot of sense.Target wants baby to become a bigger destinationTarget is making another major investment in the baby category with the launch of Picolette, an exclusive collection created with entrepreneur and new mom Olivia Culpo.The 60-item collection includes baby apparel, accessories, mealtime products, keepsakes, and gifts. Related: Target customers lose a big perk in AugustTarget says the assortment combines elevated design with practical features for families, with prices starting at $4.99 and most items priced at $18 or less. The collection launches on July 26 in about 1,400 stores and online, with additional drops planned throughout the year.”We know that parents are looking for trusted solutions that combine style, quality, functionality and value,” said Amanda Nusz, senior vice president for merchandising. “Picolette is a beautiful example of how we’re combining elevated design, meaningful storytelling and real-life solutions in one affordable assortment to make it easy for families to celebrate some of life’s early milestones.” The launch of the new line fits into Target’s bigger plans. During its most recent quarter, the baby and kids category experienced a more than 5% increase in comparable sales trends, the company said.”We know the value we can deliver by helping busy new parents find the products they want and need to keep their baby happy, healthy and safe,” Chief Merchandising Officer Cara Sylvester said. “So we’re investing to do just that with a thoughtfully curated assortment of trusted owned and national brand products.”

Target is launching an exclusive collection in the baby category.Shutterstock

Why baby is a smart bet for TargetInvesting in baby products makes sense because it aligns with several of Target’s biggest priorities.First, it gives the company an opportunity to strengthen relationships with younger families. Parents who have a positive experience shopping for their first child may continue turning to Target as their children grow.More Retail:60-year-old retailer closes over 240 locations across 35 statesRetail giant exits U.S. fashion after multi-million-dollar scandal79-year-old fast-fashion retailer closes 128 storesSecond, this is a category where shoppers value convenience. Parents often want a retailer where they can find essentials, clothing, and household items in one place. Improving the assortment and experience can encourage larger baskets and more frequent visits.Finally, baby products fit Target’s broader identity. The company has long tried to position itself between discount retailers and higher-end specialty stores, offering products that feel more stylish and thoughtfully designed without luxury pricing.The challenge for Target is turning those improvements into lasting customer loyalty. But focusing on the baby category gives the retailer a chance to showcase the combination of value and design that it believes can separate it from rivals.For a company trying to rebuild its relationship with shoppers, winning parents over may be one of the most important steps it can take.Maurie Backman owns shares of Target.Related: Target wants rich parents to shop at its stores

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.One of the biggest names in luxury watches is Omega. The Swiss brand has been making world-class timepieces well over a century ago, and it’s one of the most beloved luxury watch brands if you ask any watch nerd. Not only do Omega watches ooze class and quality, but they’ve even been the choice of James Bond for over two decades. You honestly can’t go wrong with shopping for an Omega watch. That’s precisely why I’m wearing one right now.With that said, buying a mechanical Swiss luxury watch is a serious investment. The luxury market as a whole is going through a rough patch at the moment as well. Swiss luxury watches typically cost multiple thousands of dollars, even on the secondary market. That’s why me and my ilk were so thrilled when Omega collaborated with Swatch to release a series of quartz-powered Speedmaster-themed watches. Now you can have that iconic Speedmaster look on your wrist without taking out a second mortgage on your home. It’s the perfect way to get a little luxury without breaking the bank. What is a MoonSwatch?If you’re not familiar with the vaunted Omega Speedmaster, then allow me to illuminate you. First released in 1957 as an auto racing chronograph, Omega submitted a Speedmaster model to NASA in the 1960s, with the hopes of being the space agency’s preferred timepiece of its astronauts. A chronograph watch is important for space travel because it’s used to time burns, stirring of oxygen tanks, and other technical tasks on-board. Ultimately, the Omega Speedmaster beat out brands like Rolex and Bulova to be the very first watch on the moon. That was in 1969, and the watch’s legend has only grown since then. Omega sells tens of different Speedmaster models with different colors, features, and aesthetics. I myself own a vintage 1974 Speedmaster with a square 1970’s-style “TV dial.” It’s a rare model and I couldn’t love it more than I already do. That said, there are many times when I don’t feel like taking an expensive and delicate vintage chronograph out of my watch box because it’s just not the right time. That’s when I pull out my MoonSwatch. The MoonSwatch is manufactured by Swatch using the aesthetics and basic features of an Omega Speedmaster. The collab caused quite a stir when first released, and they immediately began selling for thousands on the secondary market.Thankfully, the retail price remains reasonable, and they’re easy to buy these days. In fact, Swatch continues to release new models and special editions every few months. Two of the most popular models leverage Omega’s history with the Snoopy character, and they’re my personal favorites. That’s why some weeks I wear mine more than I even wear the aforementioned vintage Speedmaster.Omega X Swatch Mission to the Moonphase New Moon

Courtesy of Swatch

Check price at SwatchThis watch, inspired in part by the Omega Silver Snoopy commemorative Speedmaster, has an all black case made from Swatch’s proprietary bioceramic. It’s lightweight and relatively durable, making this and every MoonSwatch incredibly comfortable to wear. In addition to the standard chronograph function, there is a small moonphase feature that includes a Snoopy character. As the moon comes out, so does Snoopy, adding a fun little touch to an otherwise serious-looking watch. I get constant compliments on the watch when I wear it out. Some of those come from people who think it’s an authentic mechanical Speedmaster and others who know exactly what it is and want to show their appreciation. With a retail price of just $320, this is your best entry into the world of luxury watch collecting, and the watch world will respect you for it.Omega X Swatch Mission to the Moonphase White

Courtesy of Swatch

Check price at SwatchThere is another version of this same watch in all white. I actually have the white one on my buy list as well, though I need to wait a little longer, lest my wife decides to commandeer my collection and sell it for scraps. As with the black model, this one is made from lightweight bioceramic and includes a velcro-attached NATO-style strap. This is exactly the type of strap used by the astronauts during the Speedmaster’s first journeys into space. As it is with the New Moon model, Snoopy peeks out from behind a panel as the moonphase progresses. While these are two of my favorite MoonSwatch models, there are plenty more to shop. They’re available in a variety of colors and finishes, and Swatch has done an amazing job of infusing its fun and modern design elements into a traditional powerhouse watch model. I can’t recommend these watches enough for seasoned watch collectors, and those who are looking to get started as well. More Swatch modelsIf Snoopy isn’t your thing, there are many other Swatch looks that may suit you, whether that’s within the MoonSwatch family or not. I recommend browsing through each one and picture it on your wrist in different scenarios. I tend to opt for more neutral colors, but you may want a little more personality in your watchbox.Omega X Swatch Mission to the Moon

Courtesy of Swatch

Check price at SwatchOmega X Swatch Mission to the Moonphase White

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Check price at SwacthOmega X Swatch Mission to the Moon 1969

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Check price at SwatchSwatch Skin Irony Casual Watch

Courtesy of Amazon

Check price at AmazonSwatch Biosourced Casual Watch

Courtesy of Amazon

Check price at AmazonTheStreet Shopping is your guide for shopping insights and advice. We look beyond the price tag to find the best value in home, tech, and wellness gear based on product features and real-world use. Read more about our Editorial Standards and How We Choose Our Shopping Deals.

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.Why we love this dealClosets collect everything from sweaters to bedding to accessories, making it easy for everyday essentials to disappear into the clutter. Whether you need to organize a small apartment, set up a dorm, or make better use of your walk-in closet, adding flexible storage can make it easy to keep your items organized and find what you need when you need it. Using vertical space is a great way to add extra storage space, allowing you to take advantage of unused space to prevent piles of clothes and shoes on the closet floor. The X-cosrack 5-Piece Closet Organizer offers an easy and lightweight option for any closet. The layered design allows them to be stacked, hung, or used separately, and five storage baskets plus connection hooks are on sale for just $36 at Amazon.X-cosrack 5-Piece Closet Organizer, $36 (was $40) at Amazon

Courtesy of Amazon

Shop at AmazonWhy do shoppers love it?The wire storage baskets offer an open and easy-to-see option for clothes and shoes while also providing good airflow to prevent musty smells. The wire mesh is sturdy and made of powder-coated iron to prevent rusting, warping, and snagging, and the baskets feature a ramp lip at each one to keep clothes in place while also making it easy to slide items out. The sturdy hanging hooks attach to the baskets to hold them together, allowing you to hang them off the closet bar or fixed closet racks, or even on thinner doors, offering a flexible modular design. They can also be individually placed on fixed shelves to help keep items separate, or they can just be stacked and placed on the floor. These baskets can hold jeans, sweaters, shoes, handbags, hats, toys, and much more.Related: Amazon’s 5-tier bookshelf is on sale for only $40, and it’s ‘the perfect size for a smaller space’These organizer baskets fold flat when not in use, allowing you to save room when needed. This also makes them easy to travel with, offering an alternative to living out of your suitcase when staying in hotels or acting as a trunk organizer, offering a spot to keep jackets and hats in your trunk while on road trips. The included S-hooks can also be used to hang wallets, necklaces, and other accessories. These baskets are also easy to clean with a damp rag when they get dusty in the closet or dirty in the trunk, and offer a multitude of convenient configurations for any setup.Details to knowSize: The baskets measure 12.4 inches wide, 11.8 inches deep, and 8.8 inches tall. Material: The powder-coated iron wire basket can hold up to daily use without warping or rusting in humid conditions. Uses: While these closet organizers are great for clothing, they can also be used in the pantry to hold fruits and vegetables, in the entryway closet for mail and keys, in the office, and more. One shopper said, “These are incredibly sturdy and well made. I wish I would have discovered this sooner. I ordered the stack of five and split them up. There are choices as to how to set up and use; I found them to be versatile. They screw onto one another to ensure they stay in place. They are very easy to assemble.”Another buyer said, “It looks clean and works great. I highly recommend these.”Shop more dealsStorageworks Fabric Hanging Closet Organizer, $20 (was $29) at AmazonGranny Says 3-Tier Hanging Organizer, $11 (was $14) at AmazonLifewit 5-Tier Fabric Hanging Organizer, $10 (was $13) at AmazonAdding organization to your life is easy with the X-cosrack 5-Piece Closet Organizer. They’re simple to set up and hang, and offer storage for a variety of items for just $36 at Amazon.

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.Why we love this dealStyle might be subjective, but there are certain accessories that always impress no matter who wears them, and any piece designed with diamonds is one of them. Something about a simple strand around the neck or wrist has a way of transforming whatever you’re wearing, and catches the eye of anyone who even glances at you. They’re a timeless classic that’s long-lasting and super versatile, so when you are going to drop a chunk of change on a stunning piece of jewelry, you can’t go wrong investing in a diamond necklace or bracelet. But lucky for you, even if you were prepared to pay the often expensive price tag attached to such a stone, Macy’s current sale is giving you the chance to score some sparkle for a fraction of the cost. The Macy’s Diamond Bolo Bracelet is on sale for 75% off. The stunning bracelet, which usually retails for $250, is only $63 — but hurry, because this sale is for a limited time. Macy’s Diamond Bolo Bracelet, $63 (was $250) at Macy’s

Courtesy of Macy’s

Shop at Macy’sWhy do shoppers love it?The sales price might seem too good to be true, but it isn’t. This originally $250 diamond bracelet is only $63, and it might just be one of the best jewelry deals we’ve seen recently. Unlike other bracelets that have a lobster or spring ring clasp where one part of the bracelet “hooks” onto the other for a secure fit, this bracelet has a bolo clasp closure, which uses a central sliding bead to tighten or loosen the two ends of the bracelet. It’s a one-size-fits all clasp that allows more customized fit around your wrist. Plus, it’s much easier to put on and remove on your own — no extra additional person required to help.The front half of the bracelet features a row of round diamonds, in total weighing 1/10 ct., in a straight line that, when on, would cover the top portion of the wrist. The diamonds have a color rating of J-K, meaning they are near-colorless to faint, providing a mostly white appearance to the naked eye. They also have a clarity rating of 12-13, which, although alludes to inclusions, still doesn’t take away from the overall sparkling sheen the bracelet has under artificial or natural lighting. Related: Macy’s is selling a $699 sterling silver diamond necklace for 82% offAlthough the bracelet comes in three colors, they all have a sterling silver base, so you can be sure that this bracelet is super durable and built to last. No rusting or turning green after lots of wear to worry about. The basic silver option is just sterling silver, while the other two are 14-Karat rose gold-plated or 14-Karat gold-plated sterling silver. Details to knowMaterial: Diamond, and sterling silver. Carat: 1/10 ct. t.w.Shape: Round.Color: Sterling silver, 14K rose gold-plated sterling silver, and 14K gold-plated sterling silver.Clasp: Bolo clasp closure. This Macy’s exclusive is a favorite for everyday wear among shoppers. The adjustable closure makes it more unique than other bracelet options, and shoppers appreciate that you can easily adjust the fit of the bracelet thanks to the bolo clasp. “Simple and dainty,” one shopper said. Although the diamonds are small, it makes it a great piece of jewelry to layer among other bracelets. “Beautiful bracelet, excellent quality, will enhance the wrist of any woman,” another shopper said. Shop more dealsMacy’s Diamond Stud Earrings, $240 (was $901) at Macy’sMacy’s Diamond Baguette Cluster Pendant Necklace, $150 (was $699) at Macy’sThe Macy’s Diamond Bolo Bracelet won’t be on for long — it’s only a one-day sale! Don’t wait too long to take advantage of this limited-time price of $63. We know we wouldn’t want to miss out on it.