Companies
BNY to move fund records onchain in Wall Street shift
The 242-year-old custodian will support tokenized funds while keeping traditional operations active.
American Tower Raises 2026 Outlook After Q2 Earnings Beat
Strong property revenue and data center leasing drive AFFO growth despite high interest rates and carrier churn.
Paramount-Warner merger delayed to 2027 amid state antitrust suit
A coalition of 12 US states secured a temporary pause on the $110 billion deal, pushing the potential closing date years into the future.
Apple beats Q3 estimates as Amazon posts record AWS growth
Tech giants report strong quarterly results, though Apple shares dip in after-hours trading amid mixed product performance.
Apple reports $109.4B revenue for fiscal Q3 2026
Tech giant posts strongest June quarter ever with 16% year-over-year growth driven by iPhone and Mac sales.
Reddit Q2 revenue jumps 61% to $805 million
Company forecasts third-quarter sales above analyst expectations despite post-earnings stock decline.
ASML stock slides on earnings and China competition fears
Shares drop as investors weigh geopolitical risks and new domestic Chinese lithography capabilities against long-term growth plans.
Microsoft Shares Surge, Adding Hundreds of Billions in Value
Strong cloud and AI earnings drive a historic one-day market value increase, surpassing Nvidia's previous record.
Corning shares slide as Q3 guidance trails Wall Street estimates
Second-quarter earnings and sales beat expectations, but forward-looking targets for the third quarter fell short of analyst forecasts.
GSK invests £400 million in new Cambridge R&D centre
The pharmaceutical giant plans to close its Stevenage site as part of a restructuring to boost its drug pipeline.
CBRE raises 2026 earnings guidance after strong Q2 revenue
Commercial real estate firm reports 16% revenue growth and increased outlook, driven by infrastructure and transactional segments.
Fanatics to buy BGC assets for prediction market exchange
Deal gives sports platform access to federally regulated clearinghouse amid rapid sector growth.
Ford raises 2026 outlook as Q2 earnings beat estimates
Automaker posts $1.3 billion net loss driven by EV restructuring charges but lifts guidance on strong truck sales and cost controls.
Coinbase reports third straight quarterly loss amid trading slowdown
The exchange missed revenue forecasts as transaction volumes dropped, though it highlighted growth in stablecoin and prediction market revenues.
Amazon AWS revenue jumps 37%, beating estimates
Cloud division's rapid growth offsets heavy AI spending as shares rise over 9% in after-hours trading.
Apnimed raises $192 million in upsized US IPO
The Shionogi-backed sleep apnea drug developer priced its shares at $16, the top of its marketed range.
Tesla weighs sale of China business to clear path for SpaceX merger, WSJ reports
The Wall Street Journal reports Tesla is considering a spinoff, sale, or wind-down of its China operations, potentially paving the way for a merger with SpaceX.
Strategy posts $8.2B Q2 loss on Bitcoin markdown
The corporate Bitcoin holder reports an unrealized loss despite increasing its holdings and expanding its dollar reserves.
Grant Thornton to acquire CBIZ in $5 billion deal
The acquisition would create a combined professional services firm with over $7.5 billion in annual revenue.
DoorDash to Build Its Own Drones for New Delivery Service
The food delivery giant receives FAA certification and plans to use custom-built drones for mid-range orders.
Robinhood beats Q2 forecasts as prediction markets offset crypto slump
Cryptocurrency transaction revenue fell 38% year over year, but options, equities and event contracts lifted total revenue to a record $1.31 billion.
KLA shares dip 9% after Q4 beat despite record revenue and upbeat forecast
The semiconductor equipment maker reported quarterly earnings above estimates and guided above consensus, but investors sought stronger results amid market jitters.
Alphabet's $205B Spending Plan Raises AI Cost Concerns
Capital expenditure more than doubled as the company invests heavily in AI infrastructure, while its stock fell over 6%.
UPS reports financial results, raises full-year guidance
Package delivery giant reports higher revenue and profit in second quarter
Bank of America to Acquire UK Cybersecurity Firm MDSec
The acquisition aims to bolster the bank's cybersecurity capabilities amid rising AI-driven threats.
Microsoft Set to Report Q4 Earnings as AI Investment Returns Under Scrutiny
Options market signals a potential $190 billion swing in market value as investors demand evidence that massive capital spending is translating into revenue growth.
Google faces wave of private lawsuits after record €890 million EU fine
Rivals seek up to $10 billion in damages as recent court victories and a new antitrust ruling undercut Google’s defenses.
Amkor Technology Beats Q2 Estimates but Stock Falls on Weak Guidance
Strong earnings and record revenue were overshadowed by soft Q3 revenue forecast and SiP production shifts.
Rivian cuts 2026 capex, narrows loss guidance as R2 deliveries begin
The electric vehicle maker reported stronger Q2 revenue and gross profit, while reducing capital spending plans by about $250 million.
Samsung Q2 operating profit surges 1,814% on AI chip demand
South Korean tech giant posts record quarterly profit as memory chip sales soar, while analysts debate whether earnings beat or met expectations.