Economy
Baker Hughes Q2 slides show record orders, margin expansion
The oilfield services company raised its guidance and saw stock surge, despite a broader decline in oil stocks.
SK Hynix ADRs Debut on Nasdaq, Hit $140 Low on July 27
South Korean memory maker's $26.5 billion listing is the largest ADR debut ever.
Monte Paschi and Banco BPM Advisers Discuss Merger Alternative to Intesa Bid
The potential merger of equals, involving a cash component, would rival Intesa Sanpaolo's €35 billion offer for Monte Paschi.
AI Demand Could Spur Above-Average US Growth
Surging need for computer memory and data centers marks second quarter as investment influences economic activity and prices.
European stocks rise as US-Iran tensions ease
Major indices gain ground after US pauses strikes and signals diplomatic opening with Tehran.
Alphabet Rises on Cloud Growth, AI Search Concerns Ease
Google Cloud revenue surged 82% in Q2 2026, while strong search growth alleviated fears of AI disintermediation.
Audi Lowers Sales Outlook Amid China Downturn and Tariffs
The German automaker expects lower sales and profitability this year as challenging conditions in China and US tariffs weigh on its turnaround.
Bank of America Doubles Down on Microsoft Stock Ahead of Earnings
The upcoming earnings report will focus on Azure growth, AI spending, and three 'secret weapons' that could drive shares 50% higher.
NextEra Energy Q2 Slides Show 9.5% EPS Growth, Merger Details
The company's quarterly presentation highlighted financial performance and provided information on an upcoming merger.
Apple surpasses Nvidia as world's most valuable company
iPhone maker's restrained AI spending is now seen as a strength, while rivals increase capital expenditure.
Gossamer Bio Stock Surges Amid Reports of Seralutinib Reacquisition Talks
Shares rise as the biotech firm reportedly discusses regulatory progress and capital structure updates.
Jefferies upgrades Ford and GM to 'Buy'
Analysts cite improved earnings visibility for both automakers.
US Markets Mixed as Oil Slumps on Iran-US Pause, European Stocks Rise
Crude prices fell sharply after the US and Iran paused attacks, easing inflation fears but semiconductor losses weighed on the Nasdaq.
Cadence raises annual forecasts as AI chip demand boosts results
The EDA software maker saw shares jump more than 5% after reporting Q2 profit that beat expectations and raising its 2026 outlook.
Rigetti Computing Stock Movements
Shares rose 7.7% Monday in the quantum computing sector.
Avante Corp. Tops Revenue Forecast in Q4 2026, Shares Rise
The company reported quarterly earnings that surpassed its own revenue forecast.
Palantir Stock Eyes Big Earnings Beat as Citi Analyst Hikes Target to $200
Shares have fallen 27% year to date but a key Wall Street analyst has raised estimates ahead of the company's upcoming quarterly report.
CME Group's 24/7 Gold Futures Launch Draws 15,000 Contracts
The exchange reports strong demand and deep liquidity during the first weekend of round-the-clock trading for its one-ounce gold futures.
JetBlue overhauls fare options ahead of domestic first-class launch
The airline introduces new economy tiers, restructures premium seating, and plans to debut 'BlueFirst' later this year.
Grupo Bimbo Q2 2026 Earnings Show Growth, Shares Dip
The Mexican bakery giant reported strong quarterly results, though its stock price declined.
Jersey Mike's IPO: Demand Exceeds Supply by 10 Times Ahead of NYSE Debut
The sandwich chain's oversubscribed offering signals strong investor appetite ahead of pricing.
ASML and US chip stocks tumble after report of China's DUV lithography breakthrough
Concerns over growing competition from Chinese-made chipmaking tools hit semiconductor shares, with ASML falling 4.6% and the Philadelphia Semiconductor Index dropping 3.59%.
Modine Manufacturing Performance Analysis
The company reported quarterly results supported by a long-term capacity agreement through 2029.
Cintas Corp Looks Attractive After Weak Share Performance, Analysts See Upside
Despite a 6.57% decline over 52 weeks, the company posted record margins and strong guidance while analysts rate it a Buy.
Cracker Barrel Names David Deno as New CEO
The leadership change follows recent brand identity and remodel controversies.
Bank of Canada publishes 2027 schedule for rate decisions, reports
The central bank confirmed rate announcement dates for next year, with quarterly Monetary Policy Reports to be released alongside four of them.
Dow, Nasdaq, S&P 500 brace for busiest Q2 earnings week led by AI heavyweights
Microsoft, Meta, Apple, and Amazon highlight a packed calendar as investors eye AI spending and cash flow concerns
Pakistan Central Bank Maintains Key Policy Rate at 11.50%
The State Bank of Pakistan holds steady on interest rates amidst ongoing economic monitoring.
China Claims US Committed to 20% Cap on Replacement Tariffs
Beijing asserts that bilateral trade talks established a limit on additional duties for Chinese goods.
Coca-Cola Restores Fairlife Production Following Cyberattack
The company reports that the majority of production has resumed across four U.S. facilities after a ransomware incident.