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Oil prices ease and Asian shares gain on hopes for Mideast deal, as companies report strong profits
Associated Press19h agoneutral
Oil prices ease and Asian shares gain on hopes for Mideast deal, as companies report strong profits

Asian shares surged and oil prices slipped Wednesday after the U.S. stock market rallied to records, helped by strong corporate earnings reports and hopes for a deal setting the stage for talks that might eventually lead to an end to the war in Iran. Japan's Nikkei 225 gained 3.3% to 66,068.24, with chipmaker Kioxia surging 6.3% while chip testing equipment maker Advantest soared 6.9%. Tech giant Samsung Electronics advanced 4.1%.

Did Stronger Q2 Results, Lowered Guidance and Divestiture Plans Just Shift FIS’s Investment Narrative?
Simply Wall St.20h agoneutral
Did Stronger Q2 Results, Lowered Guidance and Divestiture Plans Just Shift FIS’s Investment Narrative?

Fidelity National Information Services, Inc. has already reported second-quarter 2026 results, with revenue rising to US$3,377 million and net income improving to US$231 million, alongside confirming new third-quarter and full-year 2026 revenue guidance and affirming a quarterly dividend of US$0.44 per share. Despite the stronger profitability, management cut full-year forecasts and began exploring sales of parts of the capital markets business amid softer demand and economic uncertainty...

Coupang Q2 Earnings Call Highlights
MarketBeat20h agoneutral
Coupang Q2 Earnings Call Highlights

Coupang (NYSE:CPNG) reported second-quarter revenue growth that accelerated from the prior quarter on a constant-currency basis, while management said the company continued to recover from a prior data incident that disrupted product-commerce customer activity and pressured margins. Consolidated ne

Arista Networks Q2 Earnings Call Highlights
MarketBeat20h agoneutral
Arista Networks Q2 Earnings Call Highlights

Arista Networks (NYSE:ANET) reported fiscal second-quarter revenue of just over $3 billion, up 37.7% from a year earlier and above its prior guidance of $2.8 billion, as demand from AI and enterprise customers supported the company’s first $3 billion quarterly revenue milestone. Chief Executive Off

Viasat Q1 Earnings Call Highlights
MarketBeat20h agoneutral
Viasat Q1 Earnings Call Highlights

Viasat (NASDAQ:VSAT) reported first-quarter fiscal 2027 results that included positive free cash flow, rising government satellite communications revenue and record awards and backlog in its Defense & Advanced Technologies segment, while legacy fixed broadband and maritime businesses remained un

Convenience store giant takes on Coca-Cola and Pepsi
TheStreet21h agoneutral
Convenience store giant takes on Coca-Cola and Pepsi

As the two best-known cola manufacturers, Coca-Cola and PepsiCo have been locked in a struggle for decades. While Pepsi often ranks second, the corporate powerhouse continues to chase Coca-Cola consumers at an impressive pace. And although Coca-Cola remains ahead, it's had its share of stumbles — ...

Upstart Q2 Earnings Call Highlights
MarketBeat21h agoneutral
Upstart Q2 Earnings Call Highlights

Upstart (NASDAQ:UPST) reported second-quarter 2026 results marked by accelerating loan originations, higher contribution margins and a return to GAAP profitability, while reaffirming its full-year financial outlook despite a higher macroeconomic risk indicator. Chief Executive Officer Paul Gu said

TransMedics Group Q2 Earnings Call Highlights
MarketBeat21h agoneutral
TransMedics Group Q2 Earnings Call Highlights

TransMedics Group (NASDAQ:TMDX) reported record second-quarter revenue as growth in liver procedures, clinical services and transplant logistics offset increased spending on product development, international expansion and infrastructure. Total revenue for the quarter ended June 30 rose 21% year ov

Silver Standard Resources Q2 Earnings Call Highlights
MarketBeat21h agoneutral
Silver Standard Resources Q2 Earnings Call Highlights

Silver Standard Resources (NASDAQ:SSRM), operating as SSR Mining, said its second-quarter results were in line with expectations as the company completed its exit from Türkiye, strengthened its cash position and outlined plans to increase investment in mine-life extensions across its Americas-focuse

SpaceX Q2 Earnings Call Highlights
MarketBeat21h agoneutral
SpaceX Q2 Earnings Call Highlights

SpaceX (NASDAQ:SPCX) reported second-quarter 2026 revenue of $7.8 billion, up 92% from a year earlier, while its quarterly net loss narrowed by $467 million to $541 million. Adjusted EBITDA rose 191% year over year to $3.5 billion, according to the company’s earnings call. Chief Financial Officer B

Exclusive-Samsung, SK Hynix test Chinese chip tools as hedge against US risks
Reuters22h agoneutral
Exclusive-Samsung, SK Hynix test Chinese chip tools as hedge against US risks

Samsung Electronics and SK Hynix are evaluating chipmaking equipment from China's Advanced Micro-Fabrication Equipment (AMEC) for possible use at their Chinese factories, three people familiar with the matter said, as the South Korean firms hedge against the risk of tighter U.S. export controls. The memory chipmakers began ‌testing AMEC etching equipment about two years ago, when uncertainty was mounting over whether Washington would continue allowing them to import U.S. chipmaking tools into ‌China, two of the sources said.

AMD Earnings 'Were Good,' Says Analyst Even as Stock Sinks 9% After Hours: Wall Street Wanted a 'Blowout' Forecast
Benzinga22h agoneutral
AMD Earnings 'Were Good,' Says Analyst Even as Stock Sinks 9% After Hours: Wall Street Wanted a 'Blowout' Forecast

On Tuesday, shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) fell sharply in after-hours trading despite beating second-quarter expectations, as analysts said investors had been looking for a more dramatic AI-driven outlook tied to the company’s Helios platform. AMD Analysts Say Wall Street Wanted a Bigger Helios Forecast Futurum Group CEO Daniel Newman said AMD’s results were solid, but the market had been expecting a stronger forecast driven by Helios, the company’s upcoming rack-scale AI p

ViaSat (VSAT) Q1 Earnings Surpass Estimates
Zacks23h agoneutral
ViaSat (VSAT) Q1 Earnings Surpass Estimates

ViaSat (VSAT) delivered earnings and revenue surprises of +70.00% and -3.55%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?