News

Meta raised its minimum capital-spending forecast as its artificial-intelligence infrastructure expansion consumed substantially more cash.

Modine Manufacturing (MOD) is in focus after reporting first quarter results on July 29, with earnings per share and net income above the prior year, as well as new guidance for higher net sales in fiscal 2027. See our latest analysis for Modine Manufacturing. Despite the strong first quarter report and updated guidance, Modine Manufacturing’s share price has recently given back ground, with the 30 day share price return down 30.55% and the 1 day move down 14.43%. However, the 1 year total...

Amazon.com topped market expectations for quarterly cloud revenue growth on Thursday on the back of surging enterprise AI spending, signaling the company's hefty investments ‌were bearing fruit. Revenue at its cloud computing unit, Amazon Web Services, jumped 37% ‌to $42.2 billion in the second quarter ended June 30, compared with analysts' consensus estimate of a 31.21% increase, according to ​data compiled by LSEG. Amazon said it burned $7.6 billion of cash on a trailing twelve months basis in the second quarter, compared to $18.2 billion in free cash flow a year earlier.

Solstice Advanced Mat (NASDAQ:SOLS) reported second-quarter results that exceeded its prior guidance range, supported by demand in refrigerants, nuclear energy, electronic materials and healthcare packaging. The company also raised its full-year outlook as it continues to invest in capacity expansio

Silicon Motion Technology (NASDAQ:SIMO) reported record second-quarter revenue of $451 million, up 32% sequentially and 127% from a year earlier, as growth in automotive storage, enterprise boot drives, embedded controllers and new enterprise SSD products exceeded the company’s expectations. Presid

Analysts favor Palantir ahead of earnings.

The Nasdaq Composite led gains, up 2.8%, while the S&P 500 rose 1.7%. "Typical snap back day after an exagerated Fed Day move," Carson Group's chief strategist Ryan Detrick said, nodding to tech leading gains. Tech stocks were more than pulling their weight, leading the climb higher.

Lam Research forecast quarterly revenue and earnings substantially above expectations as AI investment increased chip-equipment demand.

Exxon is expected to post its strongest earnings and free cash flow since 2022, leaving investors focused on how the oil giant deploys its windfall.

Chevron is benefiting from higher oil prices while pursuing new growth opportunities in Iraq, Venezuela, Argentina, and power generation for AI data centers.

Wall Street Gains Momentum as Inflation Cools and Bond Yields Retreat

Investors are weighing expected double-digit revenue growth against margins, component costs and Apple's new device-leasing strategy.

CoreWeave is the latest company having to pay up to attract investors into a data center-related debt sale. The AI computing company just revised the terms of its $2.6 billion leveraged loan sale, offering yields of around 5.5 percentage points above benchmark SOFR interest rates, a person familiar with the matter said. "As with any first-of-its-kind financing structure, aspects of the transaction evolved during syndication as investors evaluated the opportunity."

Robinhood Chairman and CEO Vlad Tenev says the prediction markets business is the fastest growing in the firm's history. Speaking on "Bloomberg The Close," Tenev also discusses the company's initiatives, Trump Accounts and the future of crypto.

(Bloomberg) -- Tucked into Federal Reserve Chairman Kevin Warsh’s eventful press conference on Wednesday was a suggestion the US central bank could shift its approach to assessing inflation — a remark that’s sowing angst among some investors.Most Read from BloombergUS Strikes Iran Again as Conflict Spreads Across Middle EastChip Stocks Poised for Best Day Since April 2025: Markets WrapWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionBond Yields at 19-Year High Send Warsh Credibilit

AMD's 2.5-gigawatt infrastructure agreement could expand the capacity available to customers deploying its artificial-intelligence systems.

Intuitive Surgical (ISRG), maker of the da Vinci surgical robot, has been one of the year's most punished large-cap healthcare names, down about 37% even as revenue keeps climbing. Analysts spent months cutting targets. Then one firm broke from the pack and told investors the fear had gone too far. ...

Leopold Aschenbrenner’s Situational Awareness dominated headlines today when reporting surfaced that the wunderkind’s AI hedge fund sold all of its public positions to Citadel.

(Updates with index/price moves, macroeconomic data, and company/geopolitical news from the first pa

Individual investors are taking some of their chips off the table. Retail traders have piled out of hardware stocks and other artificial-intelligence shares in recent days, according to separate reports from JPMorgan and Vanda Research.

Pilgrim's Pride (NASDAQ:PPC) reported second-quarter 2026 net revenue of $4.63 billion and adjusted EBITDA of $360 million, as higher chicken supply and lower commodity pricing weighed on results despite continued demand growth in retail and foodservice channels. Adjusted EBITDA margin was 7.8%, do

Aerospace Products revenue surges 78% YoY as FTAI raises 2026 module production guidance to 1,200 units and secures a $1.465 billion hyperscaler order for its Power segment.

Kinross Gold Corp (KGC) delivered a strong Q2 with 492,000 ounces of production and over $725 million in free cash flow, positioning it well for full-year guidance.

Federal backing still leaves major execution hurdles ahead

Every month, another company announces layoffs and mentions AI in the same breath. Workers notice. So do the economists tracking the numbers. Nvidia CEO Jensen Huang has been watching this play out, too, and he's asserted publicly that most of what's being said about it is wrong. But at a recent ...

The firm’s real assets segment eclipsed credit in fundraising during this year’s second quarter, while investor withdrawals from lending vehicles eased.

Besides this second quarter, I had the chance to cover Morgan Stanley's note on RTX in April after their impressive Q1. Morgan Stanley cut RTX's price target to $220 but maintained an Overweight rating, viewing the post-earnings dip as a "buying opportunity."Fast forward to this Q2 coverage: RTX ...

Colgate-Palmolive (NYSE:CL) reports second-quarter 2026 results on Friday. Let’s analyze where the stock stands heading into the print. Colgate has beaten EPS estimates in each of the last four quarters, with an average beat of about 3%. The setup from last quarter Colgate’s first quarter showed the split that defines this stock right now. Net […]

JPMorgan analysts said a delayed U.S. crypto market structure bill could weaken public blockchain networks by allowing tokenization to migrate onto traditional financial infrastructure instead. In a Wednesday research note led by Nikolaos Panigirtzoglou, the bank said the longer the Senate delays ...