2Q26 Earnings Updates: Part Two – NXST, LLY, DIS, HD, WMT

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Nexstar Media Group (NXST) reported a solid 2Q26 that was overshadowed by the ongoing litigation about the acquisition of Tegna that closed last year. Nexstar owns Tegna and has access to its cash flow, but it cannot yet integrate the stations because of a preliminary injunction obtained by several state attorneys general and DirecTV, which […]

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Rare Shift to Small Cap for August

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Northlake’s Market Cap model is shifting from mid cap to small cap for August, while the Style model continues to favor value for a seventh consecutive month. For clients using our model-driven strategies, we are selling the S&P MidCap 400 ETF (MDY), buying the Russell 2000 ETF (IWM), and maintaining the Russell 1000 Value ETF […]

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