Chipotle Mexican Grill (NYSE:CMG) reported second-quarter results that topped Wall Street expectations and lifted its full-year comparable sales forecast, supported by restaurant expansion and continued execution of its long-term growth strategy. The stronger-than-expected performance sent the company’s shares up 5.
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Meta can simultaneously fuel its own AI ambitions and rent out its scarce computing capacity to bolster returns, CEO Mark Zuckerberg signaled on Wednesday. The Instagram owner is splurging billions to build compute - chips, servers, energy and data centers that power AI - leaving it with free cash flow of just $784 million in the second quarter to run and grow its business. Pressed by analysts for details on Meta's plans, Zuckerberg framed compute as a scarce strategic asset that the company should keep and build around, rather than simply sell for short-term profit.
David Ellison insists his blockbuster media merger is still on track, but a legal standoff with a coalition of state attorneys general is about to flip an abstract delay into a very concrete and very expensive problem.
Teladoc Health (TDOC) reported a Q2 loss late Wednesday of $0.21 per diluted share, wider than a los
By Jody Godoy July 30 (Reuters) - Amazon and Walmart AI shopping assistants can often detect when "Made in USA" product labels are false, but the big retailers are not using that technology to crack
DETROIT, July 30 (Reuters) - Vehicle leasing has declined in the United States in recent years, curbing what has long been a preferred route to new wheels for many car shoppers. Before the pandemic, leasing accounted for around 30% of the U.
Cigna Group lifted its outlook and reported a higher profit in the second quarter, driven by growth in both its healthcare and pharmacy-benefit businesses.
Banco Bilbao Viscaya Argentaria (NYSE:BBVA) reported record second-quarter earnings, supported by loan growth, higher core revenues and improved capital generation, while announcing a new €2 billion extraordinary share repurchase program. Net attributable profit reached €3.062 billion in the second
Jersey Mike's Subs (JMKE) priced its IPO of 43.5 million shares of Class A common at $23 a share, fo
Amazon staff have identified cases of what they called “catastrophically expensive” cost overruns caused by mistakes in how the company has deployed...
Big Blue is racing to show that its quantum computing business can be profitable following a historic stock tumble.
Stocks looked set to open higher on Thursday as investors weighed up earnings reports from Microsoft and Meta Platforms, which came just hours after Federal Reserve Chairman Kevin Warsh’s press conference triggered a brutal market selloff.
Beer sales volumes are up 1.1% from a year ago, as events like the FIFA World Cup boost sales of Michelob Ultra and other beers.
Taiwan's ASE Technology Holding, the world's largest chip packaging and testing provider, said on Thursday it would raise this year's capital expenditure by $2 billion to around $10.5 billion, driven by strong demand. • Its previous capital expenditure guidance was $8.5 billion. • The company said it is building 13 greenfield sites this year and has another eight brownfield sites, where it acquired existing factories and is repurposing them to meet demand.
Chipotle Mexican Grill Inc. (NYSE:CMG) stock rose in premarket trading Thursday after the restaurant chain reported second-quarter results that topped Wall Street estimates, driven by higher comparable sales and increased customer traffic. Earnings Beat Estimates Adjusted earnings were 33 cents per share, topping the analyst consensus estimate of 32 cents, according to Benzinga Pro. Revenue increased 9.3% year over year to $3.35 billion, ahead of the consensus estimate of $3.33 billion. Comparab
The sandwich chain is going public on Thursday. It will test the appetite of investors after blockbuster debuts like Elon Musk’s SpaceX.
The Goldman Sachs lawyer said she thought Epstein was a “John” who paid for sexualized massages and that her own jokes were in “poor taste.”
Exxon, Chevron and others are jockeying for the best oil fields, but talks aren’t progressing as quickly as the Trump administration hoped.
The company’s all-out splurge is running into higher costs, borrowing constraints and investor pushback.
You can never go wrong with guaranteed income.
U. S. stock futures edged higher on Thursday as investors weighed the Federal Reserve’s latest interest rate decision alongside a fresh wave of earnings from major technology companies.
ASE Technology (NYSE:ASX) reported second-quarter 2026 results marked by strong growth in its assembly, testing and materials business, driven by demand for leading-edge packaging and testing services as semiconductor customers expand AI-related hardware capacity. Consolidated net revenue rose 10%
Today Earnings (a.m.): Mastercard, Hershey, KKR, Yum Brands, Cigna, Regeneron, Valero Energy, Norwegian Cruise Line, Hyatt Hotels, Bristol-Myers Squibb, Altria, International Paper, SiriusXM, Blue Owl Capital Earnings (p.
Bitcoin edged higher as investors digested the Federal Reserve's latest policy decision and earnings from U.S. tech giants Microsoft and Meta. The Fed left rates unchanged while Fed Chairman Kevin Warsh provided few clues about future policy.
This inflation data point is the ultimate green or red light for Wall Street and investors.
By Summer Zhen HONG KONG, July 30 (Reuters) - Asia-focused equity hedge funds are heading for their biggest monthly drawdown on record, a Goldman Sachs note showed, as a broad AI stock rout wiped out
POSCO (NYSE:PKX) Holdings reported higher second-quarter earnings as profit improved across its steel, rechargeable battery materials and energy businesses, while its Argentina lithium operation posted its first quarterly operating profit. The company recorded consolidated revenue of KRW 19.3 trill