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Aramark Expands Partnership with Florida State University

Aramark has widened its collegiate footprint through new partnerships with Florida State University and Texas State University. Through an expanded partnership with Florida State University, a member of the Atlantic Coast Conference, Aramark will be the foodservice provider for Florida State Athletics. At Texas State University, which recently joined the Pac-12 Conference, Aramark is supporting enhancements designed to broaden both the Bobcat fan experience and student-athlete performance. Overall, Aramark serves approximately 300 colleges and universities nationwide, with partnerships across 47 NCAA athletic departments representing more than 20 conferences. "We're seeing strong momentum across our collegiate athletics business as universities look for partners who can deliver both exceptional game-day experiences and operational expertise to bring those experiences to life at scale," said Alison Birdwell, President and CEO of Aramark Sports + Entertainment. "Our expanded partnership with Florida State University gives us an opportunity to build on our experience while creating programs that are tailored to the needs and traditions of the Seminole community."

Major Averages Close Broadly Lower as Investors Await CPI Report

The major averages closed broadly lower as reported progress in talks between Iran and Oman over maritime activity helped pull oil prices lower after Brent briefly approached $90 a barrel amid the latest U.S.-Iran tensions.Next up, investors await tomorrow's July CPI report, which will be particularly important following last week's unexpectedly weak July jobs report, with economists surveyed by Reuters expecting headline inflation to rise 3.4% year over year and core CPI to increase 2.5%.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Nvidiaannounced strategic partnerships with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKRtofor the buildout of AI infrastructureIntelincreased theto $20B in common stock from $15BRocket Lab USAreportedand launched a German subsidiaryCardinal Healthreportedand provided upbeat FY27 guidanceAlphabetCEO Sundar Pichai said over $1B people are2. WALL STREET CALLS:Boeingto Buy from Hold at ArgusTruistBest Buyon positive card reads into Q2 reportCitiAllstateto Sell on valuation, growth concernsUnder Armourto Underweight at BarclaysGapto Equal Weight at Barclays3. AROUND THE WEB:Jennifer Bailey, the longtime head of Pay and Wallet services, is retiring from Appleafter more than two decades at the company, Bloomberg reportsA judge is leaning towards sending Edison'sliability issue to a jury trial, Bloomberg saysACV Auctionsis exploring strategic alternatives, including a potential sale or strategic partnership, after receiving takeover interest and engaging financial advisers to conduct a review, Bloomberg reportsFlowers Foodswants to divest its baked goods business Tastykake and is working with investment bank RBCon the process, Reuters reportsAnthropic is meeting with potential investors hoping to build confidence in its planned IPO, offering assurances about its growth and strategies it plans to implement to address growing backlash against AI, WSJ says4. MOVERS:Quantum Corp.gains afterand providing guidance for Q2Fermiincreases after announcing aKopinand Sea Limitedhigher in New York afterOn Holdingsfalls afterand providing guidance for FY26OppFiand Upworklower after5. EARNINGS/GUIDANCE:Middleby, with EPS and revenue beating consensusTencent MusicAramarkand raised its outlook for FY26Smithfield Foodsand raised its outlook for FY26Janusand cut its guidance for FY26INDEXES:The Dow fell 184.13, or 0.34%, to 53,791.85, the Nasdaq lost 159.91, or 0.60%, to 26,445.45, and the S&P 500 declined 24.91, or 0.32%, to 7,728.20.

Major Averages Dip Slightly as Investors Await CPI Report

The major averages were a little lower near noon as traders digest another slate of corporate earnings and continue to weigh progress towards potentially reopening the Strait of Hormuz. Progress in talks between Iran and Oman over maritime activity has helped pull oil prices lower after Brent briefly approached $90 a barrel amid the latest U.S.-Iran tensions.Meanwhile, investors await the July CPI report, with economists surveyed by Reuters expecting headline inflation to rise 3.4% year over year and core CPI to increase 2.5%. The report will be particularly important following last week's unexpectedly weak July jobs report, which showed payrolls falling by 23,000 and prompted markets to sharply reduce expectations for a September Fed rate hike. A hotter-than-expected CPI reading could push those expectations back in the opposite direction.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Nvidiaannounced strategic partnerships with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKRtofor the buildout of AI infrastructureIntelincreased the size of itsin common stock from $15BHims & Hersreportedbut provided an upbeat outlook for Q3 and FY26 revenueRocket Lab USAreportedand launched a German subsidiaryCardinal Healthreportedand provided upbeat FY27 guidance2. WALL STREET CALLS:Boeingto Buy from Hold at ArgusTruistBest Buyon positive card reads into Q2 reportCitiAllstateto Sell on valuation, growth concernsUnder Armourto Underweight at BarclaysGapto Equal Weight at Barclays3. AROUND THE WEB:Brazilian police have named two Goldman Sachsemployees as suspects in an alleged fraud tied to Oncoclinicas, alleging the bank concealed ownership details and transferred shares to Centaurus in a way that harmed minority shareholders, FT saysACV Auctionsis exploring strategic alternatives, including a potential sale or strategic partnership, after receiving takeover interest and engaging financial advisers to conduct a review, Bloomberg reportsAppleis still planning to launch iPhone Pro models next year that will make use of a new glassy look for the device's 20th anniversary, Bloomberg saysFlowers Foodswants to divest its baked goods business Tastykake and is working with investment bank RBCon the process, Reuters reportsAnthropic is meeting with potential investors hoping to build confidence in its planned IPO, offering assurances about its growth and strategies it plans to implement to address growing backlash against AI, WSJ says4. MOVERS:Quantum Corp.gains afterand providing guidance for Q2Fermiincreases after announcing a bindingKopin (KOPN) and Sea Limitedhigher in New York afterOn Holdings (ONON) falls afterand providing guidance for FY26OppFiand Upworklower after5. EARNINGS/GUIDANCE:Middleby, with EPS and revenue beating consensusTencent MusicAramarkand raised its outlook for FY26Smithfield Foodsand raised its outlook for FY26Janusand cut its guidance for FY26INDEXES:Near midday, the Dow was down 34.92, or 0.06%, to 53,941.06, the Nasdaq was down 96.21, or 0.36%, to 26,509.15, and the S&P 500 was down 10.44, or 0.13%, to 7,742.67.