Economy
LVMH Q2 Sales Rise 3% as US Luxury Demand Offsets Middle East Drag
The French luxury group's fashion and leather goods division returned to marginal growth, while watches and jewellery surged 11% in the quarter.
Citadel acquires bulk of AI hedge fund Situational Awareness's portfolio
Ken Griffin's firm steps in after Leopold Aschenbrenner's fund suffered steep AI losses, buying leveraged public holdings.
Asbury Automotive Q2 2026: Growth Amid Technology Transition
The company presented its quarterly results and strategic focus during a recent earnings call.
Humana dips, P&G falls as earnings season continues with Big Tech results ahead
S&P 500 companies report second-quarter earnings, with analysts estimating a 23.2% year-over-year growth rate amid key reports from Microsoft, Apple, and Amazon.
Coinbase Prepares for Q2 Earnings Amid Lower Trading Volumes and Legislative Uncertainty
Analysts have cut estimates ahead of Thursday's report, citing weaker spot trading and the stalled Digital Asset Market Clarity Act in the Senate.
Panasonic Reports Record Profit on AI Demand, Raises Guidance
The company's Q1 FY2027 results show AI-related demand driving earnings to an all-time high.
AGCO reports margin pressure in Q2 2026 despite pricing gains
Mixed quarterly results show weakness in Europe offsetting North American strength.
JPMorgan: Falling Clarity Act Odds Cast Shadow Over Crypto Markets
Prediction markets see only 37% chance of the landmark US crypto bill passing this year as Senate stalls.
Vericel Q2 2026 Earnings Beat Estimates by $0.07, Revenue Tops Forecasts
The company reported stronger-than-expected quarterly results.
Wall Street Crash Hits High-Flying Stocks, Quick Rebound Warned as Trap
A temporary bounce in momentum stocks could lead to further selloffs, analysts caution.
Visa outlines stablecoin strategy with OpenUSD, reports Q3 revenue of $11.6B
The payments giant joins the OpenUSD consortium and plans to integrate tokenized deposits, as cross-border volume grows 13%.
CRH beats Q2 2026 estimates as margins expand
The building materials company reported earnings that exceeded analyst expectations, driven by margin improvements.
Liontown shares fall 6.7% after Q4 2026 earnings call despite cash flow rise
The lithium miner reported a cash flow increase for the quarter, but the cost outlook weighed on investor sentiment.
Blackstone Mortgage Trust pivots to home builder finance, cuts office exposure
BXMT is reallocating capital toward residential and industrial sectors while managing a $1 billion watchlist and potential asset sales.
Leopold Aschenbrenner's $24B AI Hedge Fund Unwinds Trades After Losses
Situational Awareness is selling assets and meeting margin calls after steep declines in AI stocks and a bad bet against software.
Reformation Debuts on NYSE at $15 Per Share, Raises $210.9 Million
The sustainable fashion brand's IPO values it at 1.5 times expected 2027 sales; the company reported $507.1 million in net revenue last year.
Cyclospora Outbreak Tied to Taco Bell Overshadows Yum Brands Earnings
A parasitic outbreak linked to Taco Bell lettuce has sickened nearly 2,000 people, denting traffic and raising questions about the chain's impact on parent company Yum Brands.
Heatwave drains Europe's key rivers, crippling industry from Rhine to Danube
Low water levels along major waterways force chemical plants to cut output, nuclear reactors offline, and halt cargo vessels across Central and Eastern Europe.
Toromont Q2 2026 Revenue Surges 16%, Margins Expand Sharply
The Canadian equipment dealer reported strong financial results for the second quarter of 2026.
Procore Achieves First GAAP Profit, Sets 25% Margin Target
The construction management software company's Q2 FY26 slides reveal a milestone in profitability and a new margin goal.
DT Midstream Q2 2026 Results: Earnings Miss, Revenue Beat
The company reported quarterly results that surpassed revenue expectations but fell short on earnings per share.
Greif reports accelerating margin expansion in Q3 2026 on cost cuts
The packaging company's earnings call presentation highlighted improved profitability.
Perseus Mining Posts Record Cash Flow in Q4 2026
The gold producer reports a quarterly milestone amid progress at its Nyanzaga project.
Bodycote H1 2026: Aerospace Surge Drives 18% EPS Growth
Strong demand from aerospace and defense lifted the thermal processing specialist's first-half results, offsetting weakness in automotive and oil and gas.
Bank of England Holds Interest Rate at 3.75%, MPC Split 6-3
The decision reflects balancing risks from US-Iran tensions and easing UK price pressures.
Ralliant Corporation Reports Double-Digit Growth in Q2 2026
The company announced its second quarter results, highlighting strong performance.
Palantir targets 12th straight quarter of revenue acceleration
U.S. commercial growth drives elevated full-year 2026 revenue and income projections
Mastercard profit exceeds expectations on steady spending
Rising transaction volumes and growth in value-added services drive quarterly results.
L3Harris Technologies reports Q2 2026 earnings beat and raises guidance
The company's share price declined following the release of the quarterly financial results.
PTC Inc. exceeds ARR targets and raises outlook in Q3 2026 earnings call
The company reported performance surpassing Annual Recurring Revenue goals for the third quarter.