Five interesting things that Hodges Capital research analysts discovered this week...
#1 THE WORLD'S GAME: As the FIFA World Cup marches on, let's take a look at the expected financial impact on FIFA and the host cities. Although FIFA is legally a nonprofit organization under Swiss law, it is expected to generate an estimated $10 billion in revenue from broadcasting rights, match tickets, and sponsorships related to the tournament. Host cities, on the other hand, are expected to benefit primarily through increased spending in their service industries. Cities such as Dallas and the New York–New Jersey metropolitan area are projected to generate more than $2 billion in additional business activity, although some of those gains will be offset by increased infrastructure costs.
#2 HOMEOWNERS IN WAITING: Young would-be homeowners may have reason to celebrate as the bipartisan 21st Century ROAD to Housing Act is set to become law on Friday, July 10. The Act aims to increase housing supply through updated zoning and land-use regulations while curbing the rapid growth of corporate investment in residential housing. This comes as the gap between the national median home price and the median income of households headed by someone under age 40 has widened to its largest level in decades, according to the Pew Research Center.
#3 IPO MIKE'S WAY: The restaurant industry is set for its largest IPO of the year, with sandwich chain Jersey Mike's filing with regulators last Thursday. The planned IPO comes less than two years after the company was acquired by Blackstone, one of the world's largest private equity firms. The company plans to raise approximately $100 million and intends to use the proceeds to pay down debt.
#4 Y'ALL STREET: On July 6, the Texas Stock Exchange opened for limited trading ahead of a broader rollout later this month. Thousands of stocks are expected to be added to the exchange during that time. In response to the new competition, both Nasdaq and the NYSE launched Texas-based operations in late 2025, according to the Dallas Morning News.
#5 YOU WANT TO BET? Since the 2018 Supreme Court decision that overturned the federal ban on sports betting, the industry has grown far beyond what many expected. Data show that total annual gambling losses increased from $155.9 billion in 2020 to nearly $250 billion in 2026. This growth has occurred despite major markets such as California and Texas continuing to prohibit legalized sports betting.
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