Economy
Veralto beats Q2 2026 EPS forecast, lifts outlook
The company reported earnings per share above expectations and raised its forward guidance for the fiscal year.
Bank of England Maintains Bank Rate at 3.75%
Three members of the Monetary Policy Committee voted for a quarter-point increase.
Lloyds posts £2.3bn quarterly profit, unveils £2bn cost-cutting plan
The British lender outlines a strategy to invest £13bn by 2030 as it targets faster mortgage approvals and US expansion.
Turkey Rises to 7th in Global Steel Production
The country produced 38.1 million tons of crude steel in 2025, surpassing Germany and moving up one spot.
Carvana Reports Record EBITDA in Q2 2026 Despite Margin Pressure
The used-car retailer beat estimates but shares fell after hours amid ongoing margin concerns.
NYSE owner Intercontinental Exchange to buy MarketAxess in $5.7bn deal
The acquisition marks a significant step for the NYSE operator into fixed-income trading.
Robinhood reports record $1.31B Q2 revenue as prediction markets surge
Event contracts and options trading drove a 44% jump in transaction-based revenue, while new blockchain and AI initiatives gain traction.
JetBlue Q2 2026 Revenue Surges, Losses Narrow
The airline reports improved financial results in its second-quarter earnings call.
US 30-Year Treasury Yield Hits 5.2369%, Highest in 19 Years
Long-term borrowing costs surge on inflation worries, widening yield curve and raising global financial pressure.
US FTC Investigates Shein's Operations, Disclosed Before Hong Kong IPO
The fast-fashion retailer revealed the probe in stock exchange filings as it seeks a public listing in Hong Kong.
Chinese Tech Rivalry Fuels Valuation Concerns, Chip Stocks Tumble
Semiconductor sell-off deepens as China advances toward domestic DUV production, adding pressure on already volatile AI-driven markets.
Central bank gold buying continues at high levels in Q2 2024
Global gold demand held steady at 1,269 tons in the second quarter, despite weak jewelry consumption and ETF outflows.
Hindustan Unilever shares post biggest single-day drop in six years
Investors react to slowing growth and persistent raw material cost pressures despite better-than-expected quarterly profit.
Exosens Raises H1 2026 Sales, Margins and Outlook
The company updated its guidance after releasing second-quarter results.
Alliance Resource Partners Reports Q2 2026 Revenue Beat
The coal producer's earnings exceeded analyst expectations for the second quarter.
Conduit Re swings to $80.3M H1 profit, premiums edge down
The Bermuda-based reinsurer reported a sharp turnaround from last year's loss, citing a benign catastrophe environment and disciplined underwriting as competition intensifies.
Bitcoin Could Reach $126,000 in Three Years at 25% Annual Growth
Analysts say the cryptocurrency's maturity and institutional adoption make such growth more sustainable than past surges.
Dow drops 900 points as oil surges ahead of Fed rate decision
U.S. stocks fell sharply amid rising oil prices after Iran's missile attack and as the Fed prepares to announce its rate decision.
ITW reports best quarterly profit, raises full-year organic growth outlook
Illinois Tool Works posted record Q2 operating margins of 26.7%.
JPMorgan Brings Forward Fed Rate Hike Forecast to December 2026
The bank now expects a 25-basis-point increase in December 2026, citing inflationary pressures and Fed credibility concerns.
US stocks tumble as Fed holds rates
Dow drops over 1,150 points, Treasury yields spike, and oil surges above $84 after Fed decision and Middle East tensions.
Adidas Stock Plunges 17% as Marketing Costs Surge Despite Record Revenue
The sportswear company's shares saw their steepest intraday drop on record after Q2 operating profit missed expectations.
Saudi Economy Shrinks 4.8% in Q2 2026, Sharpest Drop Since Pandemic
Oil activity plunges 24.7% amid Middle East conflict and Strait of Hormuz disruptions, while non-oil sectors show modest growth.
Yuan Hits Highest Since Early 2023 After Fed Holds Rates
The Chinese currency strengthened past 6.76 against the dollar, with the central bank setting its strongest fixing since February 2023.
Brady Sells $800 Million in Bonds for Honeywell Unit Acquisition
The debt sale will support the purchase of Honeywell’s productivity solutions and services business.
Oil Prices Slip as Tankers Continue Navigating Conflict Zones
Brent crude fell up to 1.4% on Thursday as shipping through key straits resumes despite ongoing hostilities.
Brixmor Reports Strong Q2 2026 with Record Small-Shop Occupancy
The REIT raised full-year guidance amid robust leasing spreads and a record pipeline of signed leases.
Dollar Falls to Lowest in Nearly a Week After Fed Holds Rates
The US dollar declined following the Federal Reserve's decision to keep interest rates unchanged, with some officials voting for an increase.
Anglo American Posts Profit Jump, Citing Record Copper Prices
The miner reported higher profits and raised its dividend, attributing the boost to soaring copper prices.
Travelzoo Q2 2026 revenue falls 3%, posts $2.8M loss
The travel deals company reported a net loss as marketing spending increased, but management sees improving trends and expects revenue growth from Q3 onward.