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  • Built in a Week: Why This Retail Giant Is Printing Its Future

Built in a Week: Why This Retail Giant Is Printing Its Future

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Sometimes the most potent growth stories are not flashy product launches but smarter ways of building.

This rapid shift into 3D-printed commercial sites hints at faster expansion, lower costs, and a long runway ahead. Are you strapped in?

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Capital Markets

Wall Street Crossed the Blockchain Line, and JPMorgan Led It

J.P. Morgan (NYSE: JPM) has completed a live issuance of U.S. commercial paper directly on a public blockchain, using Solana to handle origination, distribution, and servicing. This was a real debt instrument with institutional counterparties, real capital, and full settlement.

The difference becomes obvious when you place this next to years of pilot programs, because this transaction already sits inside active funding markets. Nothing about it was sandboxed.

Why This Changes the Plumbing

Commercial paper is core infrastructure for global liquidity, touching treasury desks, corporate funding, and short-term credit markets. Moving it on-chain compresses settlement time, reduces manual friction, and simplifies lifecycle management.

The strategic leverage shows up as you connect faster settlement with balance sheet efficiency, especially for a firm that processes massive daily volumes. That advantage scales quietly.

Owning the Standards Early

By executing on a public blockchain, JPMorgan positions itself as a standard-setter rather than a late adopter. The bank is now shaping how regulated finance interacts with open digital rails.

The long-term impact sharpens when you factor in programmable markets, where issuance, compliance, and settlement merge into a single workflow. JPMorgan is already operating there.

JPM currently trades at $318 and pays a dividend of $6.00 per share, a yield of 1.89%.

Retail Operations

Starbucks Is Learning How Hard Labor Leverage Really Hits

Starbucks (NASDAQ: SBUX) is now dealing with its largest labor disruption ever as a union-led strike spreads to more than 180 stores across 130 cities. What started on Red Cup Day has evolved into a rolling operational challenge during the most important sales window of the year.

The escalation matters because you start seeing closures appear in high-visibility urban markets, not isolated locations. That visibility amplifies pressure far beyond the actual store count.

Holiday Operations on Trial

While most Starbucks locations remain open, uneven staffing and rotating walkouts complicate consistency. The company’s premium experience depends on speed, reliability, and habit-driven traffic.

That model strains quickly when you layer labor uncertainty into peak seasonal demand, especially in dense metros. Holiday execution becomes uneven by default.

Labor Becomes a Core Variable

This strike tests more than scheduling; it tests Starbucks’ long-term store economics. Labor is no longer a flexible cost lever; it is a structural constraint shaping margins and expansion decisions.

The strategic shift becomes clear once labor relations move into the center of future footprint planning, not just pricing or menu ideas. That change puts you closer to how growth is really being judged now, by stability and execution, not just expansion.

SBUX currently trades at $85 and pays a dividend of $2.48 per share, a yield of 2.90%.

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Infrastructure

When AI Dreams Meet Debt Math, Oracle Enters a New Phase

Oracle (NYSE: ORCL) has reached a turning point where AI ambition and financial gravity collide. The company now carries more than $100 billion in debt as it races to build the data center footprint required to compete in enterprise AI.

This changes the conversation because you start evaluating Oracle less like software and more like infrastructure, where scale demands constant capital. The build is massive, and the commitment is no longer theoretical.

From Vendor to Utility

Credit markets have begun pricing Oracle as a capital-intensive operator rather than a legacy tech firm. Rising caution reflects how fast spending is accelerating relative to visible AI returns.

That shift matters as you place Oracle alongside cloud utilities, not license-driven peers. Risk and reward move together once infrastructure becomes the product.

Execution Decides Everything

Oracle is betting long-term AI workloads will lock customers into multi-year contracts that justify today’s spending. Government clients, enterprises, and model developers sit at the center of that thesis.

The future tightens as you factor execution into every outcome, because demand must scale faster than debt. This phase determines whether Oracle emerges stronger or stretched.

ORCL currently trades at $187 and pays a dividend of $2.00 per share, a yield of 1.06%.

Dividend Stocks Worth Watching

The Walt Disney Company (NYSE: DIS) has signed a milestone three-year licensing agreement with OpenAI. The deal will allow OpenAI’s Sora video generation tool to bring a range of Disney characters to life, including favorites like Mickey Mouse and Cinderella, as well as figures from Marvel, Pixar, and Star Wars. 

The collaboration will allow Disney to expand its reach through generative AI, introduce beloved characters to a new generation and new audiences, and also protect creators' copyright. Sora users will be able to create videos featuring their chosen Disney characters and share them on social media. 

DIS recently increased its semi-annual dividend to 75 cents. It yields 1.33%. 

Southwest Airlines (NYSE: LUV) has set its sights on growing premium traveler sales, with the airline reportedly working to open a network of airport lounges across the country. The lounges would be operated in partnership with Chase, allowing credit card holders flying with Southwest to access lounges at select airports. 

Airline lounges play an essential role in flyer loyalty, with a recent survey finding 82% of travelers choose their airline based on lounge availability. The push into premium services comes as rival JetBlue gears up to open its own premium lounge, BlueHouse at JFK. 

LUV currently pays an 18-cent quarterly dividend, yielding 1.73%. 

Walmart, Inc. (NYSE: WMT) has commissioned Alquist 3D to create more than a dozen new 3D-printed buildings, making it the largest commercial adopter of the new construction technology in the country. The new agreement comes after the two companies joined forces to 3D print an 8,000-square-foot addition to a Walmart store in Tennessee last year. 

3D printing technology has already been widely used to build residential properties, but commercial projects have been slower to get off the ground due to the size of the printers required. With that problem now solved, Walmart’s push into 3D-printed construction will allow it to scale much faster. Its latest 3D building, a 5,000-square-foot pickup center in Huntsville, Alabama, took just seven days to construct. The process isn't just significantly quicker, it's also cheaper and more sustainable.  

Dividend Increases

EIX has raised its dividend to 87 cents, an increase of 6.04%. Its new yield is 6.06%.

WDFC has increased its dividend to $1.02, up 8.51%. Its new yield is 1.52%.

BMY has lifted its dividend to 63 cents, a boost of 1.61%. Its new yield is 4.91%. 

ZTS has raised its dividend to 53 cents, a lift of 6.00%. Its new yield is 2.11%.

Dividend Decreases

HOFT has cut its dividend to 23 cents, a 50.00% reduction. Its new yield is 4.36%.

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Upcoming Dividend Payers

O’s ex-dividend date for the forthcoming 27-cent payment is 12/15/25.

STAG’s ex-dividend date for the forthcoming 12-cent payment is 12/15/25.

UNH’s ex-dividend date for the forthcoming $2.21 payment is 12/16/25.

IP’s ex-dividend date for the forthcoming 46-cent payment is 12/16/25. 

Everything Else

  • Google will open its first-ever automated research lab in the UK next year. The lab will use AI and robotics to run experiments, focusing on developing new superconductor materials.

  • Coca-Cola has ended its search for a successor to the outgoing CEO. The beverage company has appointed Henrique Braun as Executive Vice President and Chief Operating Officer. He’ll take the helm in March.

  • Costco has posted strong sales results in its latest quarterly earnings release, beating Wall Street expectations. The wholesaler reported a 20.5% year-over-year increase in digital sales and surging demand for same-day delivery services. 

  • Speaking at the Goldman Sachs U.S. Financial Services Conference earlier this week, Wells Fargo CEO Charlie Scharf says the bank expects to streamline its workforce further in Q4 thanks to the ‘extremely significant’ impact of AI

That’s all for today’s edition of the Dividend Brief.

Thanks for reading, and if you have any feedback or dividend stocks you want me to take a look at, just reply to this email!

—Noah Zelvis
DividendBrief.com