Why was Williams so slow at the 2019 Australian F1 Grand Prix?

Williams ran out of money… truly, completely broke. This lack of funds led to R&D falling behind, prevented them from fielding a car during winter testing, and ultimately forced them—just to prop up their company’s stock price—to bring an unfinished car to the grid, then scapegoat and sack Rob Smedley. What a masterclass in mismanagement. In fact, had the car been developed properly, it probably wouldn’t have been that slow. After all, early on it was even reported for a suspected suspension violation—proof that Smedley at least attempted innovation within the grey areas of the regulations. Though given its pace, nobody likely bothered investigating thoroughly... The consequences stemmed from last year’s decision to ignore Martini’s advice and instead opt for the dual-young-driver lineup of Lance Stroll and Sergey Sirotkin. Martini walked away because Williams couldn’t provide a suitable driver-endorsed ambassador; Stroll departed after his father bought a new team; and Sirotkin left when his Russian sponsor ran out of money. Who replaced these three major financial backers? A weak, PowerPoint-only company called ROKiT—and an obscure Polish oil firm with no realistic sense of its own scale or capabilities.

Stock splits really do boost share prices—but not for the reasons you think.

The rise in share price following a stock split reflects correlation—not causation. Stock splits are enjoying a resurgence, and markets are rapidly rewarding companies that announce them. Alphabet (Google’s parent company), Amazon, Tesla, and GameStop are among the latest batch of firms seeking shareholder approval for splits—each saw its share price climb after the announcement. Beyond increasing the number of shares outstanding, a stock split changes nothing fundamental—making the subsequent price surge puzzling, especially for those who subscribe to the efficient-market hypothesis. Ultimately, market enthusiasm stems less from the split itself and more from the signal it sends: that the company is poised for continued success—not that the split causes that success. Firms tend to pursue splits precisely because their share prices have already risen sharply; stocks exhibiting positive momentum typically continue rising. “Stock splits themselves neither create nor destroy any value,” says Christopher Harvey, Head of Equity Strategy at Wells Fargo Securities. “Stocks that split usually display positive price momentum, reflect strong overall company health, and show improving fundamentals.” That’s what the market actually focuses on—and splits tend to occur only under such conditions. In other words, the relationship between splits and price gains reflects correlation—not causation. But the numbers speak volumes: According to Bank of America Securities researchers, since 1980, S&P 500 stocks announcing a split have, on average, outperformed the index by 16 percentage points over the following 12 months. In recent years, major tech firms—including Apple, Nvidia (NVDA), and Tesla—have announced splits, all while trading at high valuations. Yet lesser-known names like Sherwin-Williams (SHW), Amphenol (APH), and McCormick (MKC) have also joined the trend. Dow Jones Market Data shows that, over the past decade, roughly 20 U.S. publicly traded companies have executed splits annually. The true golden age of stock splits was the late 1990s tech bubble. From 1997 to 2000, an average of 65 U.S. companies split their shares each year as the market peaked. Split activity surged again in the years leading up to the global financial crisis—and rebounded once more near the end of another bull market. Today, the median share price among S&P 500 constituents stands at about $118. Yet several firms trade far above that level—and may thus be candidates for future splits. The most expensive U.S. stock remains Berkshire Hathaway’s Class A shares (BRK.A)—which have never been split and recently traded at $517,000 apiece, with only a few thousand shares changing hands daily. Warren Buffett may never split these shares—but investors have an alternative: Berkshire’s Class B shares, equivalent to 1/1,500th of a Class A share—or roughly $350 recently.

Sherwin-Williams Earnings Miss Estimates as Costs Weigh

4 days ago

Sherwin-Williams reported third-quarter earnings below analyst expectations due to elevated raw material and supply chain expenses, despite a 7.9% sales increase. The company narrowed its full-year adjusted diluted earnings forecast, expecting muted demand through 2027.

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Addenda Capital Boosts Stake in Sherwin-Williams

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Clear Creek Financial Management Buys Sherwin-Williams Shares

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Sherwin-Williams’ Q1 2026 Earnings: What to Expect

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Sumitomo Mitsui Trust Group Inc. Sells 37,029 Shares of The Sherwin-Williams Company $SHW