Fortinet reported Q2 earnings, revenue and billings that handily beat estimates while guidance came in above views.
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(Bloomberg) -- Binance.US is planning to apply for a license with the Commodity Futures Trading Commission that would help it start its own prediction market, the company’s chief executive officer said at a conference on Wednesday.Most Read from BloombergWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionUS Intercepts Iran Attack on Bases, Puncturing Days of CalmStocks Fall as 30-Year Bond Yields Surge After Fed: Markets WrapTrump Says US Will Strike Iran Hard as War Escalates AgainA
Moby summary of Avantor, Inc.'s Q2 2026 earnings call
Stocks fell sharply after the Federal Reserve held rates steady, while investors worried that rate hikes were coming later this year as the war in Iran escalated.
The Fed held rates steady, over the objections of three bank presidents that voted for a quarter-point rate hike. It was the first time since 2016 where three officials dissented in the same direction, reflecting growing pressure within the Fed to act on inflation. In a press conference, Chairman Kevin Warsh said that interest rates have already gone up in recent months because Treasury yields have risen.
Moby summary of Cognizant Technology Solutions Corporation's Q2 2026 earnings call
The semiconductor company gave a soft outlook for the current quarter and warned of price increases.
The company reported a higher first-quarter profit of $270 million as demand for its chip designs exceeded expectations.
The defense contractor said it now expects full-year earnings between $11.80 and $12.00 a share, up 40 cents from the company’s previous guidance.
(Bloomberg) -- Qualcomm Inc., the largest maker of smartphone processors, gave a weak profit forecast for the current quarter, signaling that component shortages and rising costs are taking a toll on its main market. Most Read from BloombergUS Intercepts Iran Attack on Bases, Puncturing Days of CalmWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionTrump Says US Will Strike Iran Hard as War Escalates AgainApple Set to Make Big Smart Home Push With Siri AI at CenterSK Hynix Profit Dis
US equity indexes fell Wednesday as crude oil prices jumped after Iran's surprise missile attack, wh
Arm Holdings forecast second-quarter revenue above Wall Street estimates on Wednesday, signaling strong demand for its energy-efficient chip designs for AI data centers. Demand for Arm's chip architecture has surged as companies like Alphabet and Amazon.com build custom AI chips, boosting the company's licensing revenue and royalties as more complex chips are shipped to data centers. Revenue from royalties, which Arm collects on each chip shipped using its technology, rose 22% to $715 million in the first quarter, while licensing revenue grew 23% to $574 million.
The Facebook parent now expects 2026 capital expenditure to be between $130 billion and $145 billion, compared with its prior forecast of $125 billion to $145 billion. Meta said it now expects full-year 2026 total expenses to be in the range of $165 billion to $169 billion, compared with its prior forecast of $162 billion to $169 billion.
Peabody Energy (NYSE:BTU) reported a second-quarter net loss attributable to common stockholders of $90.6 million, or $0.74 per diluted share, and adjusted EBITDA of $24 million, as lower U.S. thermal volumes and elevated commissioning costs at its Centurion metallurgical coal mine weighed on result
Boston Scientific (NYSE:BSX) reported second-quarter 2026 revenue growth at the high end of its guidance range and adjusted earnings per share above expectations, but lowered its full-year outlook as it faces slowing demand in its WATCHMAN left atrial appendage closure business and increased competi
Kraft Heinz Co (NASDAQ:KHC, XETRA:KHNZ) is scheduled to report second quarter earnings before the market opens on August 5, with investors expected to focus less on the quarterly results and more on whether improving market share trends are translating into more durable demand. UBS forecasts...
Moby summary of Biogen Inc.'s Q2 2026 earnings call
Moby summary of Aon plc's Q2 2026 earnings call
The S&P 500 and Nasdaq Composite were struggling to hold onto gains as after Fed Chairman Kevin Warsh took questions from reporters. The S&P 500 was back down 0.2% after briefly popping during Warsh’s presser. The Nasdaq was up just 0.1%.
Moby summary of Anika Therapeutics, Inc.'s Q2 2026 earnings call
Visa's (V) implied fiscal Q4 exit rate bodes well for initial fiscal 2027 forecast, despite lapping
The Nasdaq Composite is mounting its biggest comeback on a Federal Reserve decision day in more than four years. The tech-heavy index was up 0.4% as Fed Chairman Kevin Warsh took questions from reporters. It was down nearly 1.6% at its low today; if it closes higher, it would mark its biggest reversal from an intraday low to positive territory on a Fed decision day since May 4, 2022, according to Dow Jones Market Data.
Boston Scientific Corp (BSX) reports a robust Q2 with 7% organic sales growth and a 15% increase in adjusted EPS, despite challenges in some segments.
The S&P 500 is trading up around 0.1%, erasing a decline of 1.2% at today’s low. The move came as Fed Chairman Kevin Warsh takes questions from reporters. If the index closes in positive terriory, it will be the biggest reversal into positive terriotry on a Fed decision-day since 2003, according to Dow Jones Market Data.
SoFi Technologies Inc (SOFI) reports a 40% revenue increase and record loan originations, while navigating competitive challenges and reinvesting in growth.
The market focused on IBM's earnings miss, but several overlooked numbers painted a much more encouraging picture.
Visa exceeded profit and revenue forecasts while restructuring technology and product teams around efficiency and AI.
SoFi posted record quarterly revenue and raised its full-year sales outlook. SoFi CEO Anthony Noto discusses why the company is keeping its earnings guidance unchanged, how AI is boosting engineering productivity and customer service, and why SoFi is continuing to invest for long-term growth despite shifting expectations for interest rates. Noto joins Ed Ludlow on "Bloomberg Tech."
According to the suit, Hims & Hers shared lists of certain customers, and the actions of visitors on its website, with advertisers such as Meta and Snap, even though it claimed its service maintains consumers’ privacy.