WORLD CUP News & Analysis
2 articles
Market Mood
U.S. Soccer World Cup Opener: 4-1 Victory Over Paraguay
In their first home World Cup match in 32 years, the U.S. soccer team achieved a 4-1 victory over Paraguay. Folarin Balogun scored two goals in the first half, contributing to a halftime lead of 3-0, which is the largest for the team in World Cup history. Notably, Gio Reyna added a fourth goal in injury time, marking the first time the U.S. scored four goals in a World Cup match since the tournament's inception in 1930. This performance signifies a potential shift in the team's competitive dynamism under coach Mauricio Pochettino, potentially drawing greater fan engagement.
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Constellation Brands (STZ) Upgraded by TD Cowen to Buy, Price Target $190
TD Cowen upgraded Constellation Brands (STZ) from Hold to Buy, increasing the price target to $190 from $142. Despite shares declining by about 1% early in trading, the company’s beer guidance for fiscal 2027 includes a conservative estimate of -1% to +1% net sales growth. Year-to-date, STZ shares are up about 21%, following a 9% surge after the April 8 earnings release. The upgrade reflects expectations of improved performance driven by emerging brands and potential boosts from the upcoming World Cup.
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