1Q26 Earnings Updates: Part Two – DIS, NXST, SONY, WMT, HD

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Walt Disney (DIS): DIS delivered another solid quarter, with continued strength across its streaming and experiences businesses helping offset ongoing pressure in traditional television. Direct-to-consumer profitability continued improving, while Parks results remained resilient despite a somewhat softer consumer backdrop. Management also maintained a constructive tone around upcoming content releases and long-term engagement trends. Investor focus […]

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No Model Changes, But Subtle Shifts Beneath the Surface

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There are no changes to the recommendations from Northlake’s Market Cap and Style models for May. As a result, for clients using our model strategies, current positions in the S&P 500 (SPY) and Russell 1000 Value (IWD) will be maintained for at least another month. While the positioning remains unchanged, there were some notable developments […]

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1Q26 Earnings Updates: Part One – IBM, TMUS, META, GOOG, AAPL, LLY, VICI

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IBM Corporation (IBM): IBM delivered a modest beat in the first quarter, exceeding expectations on revenue, EPS, and free cash flow. Infrastructure was the clear standout, while software was in line but somewhat noisy, and consulting came in a bit light. Demand trends remain solid. Management highlighted no signs of slowing and pointed to record […]

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