High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
Eli Lilly is preparing application materials for its next-generation weight-loss drug, retatrutide, following data from two Phase 3 trials showing the treatment delivered substantial results.
SAN FRANCISCO, July 23 (Reuters) - Advanced Micro Devices is set to launch a raft of AI hardware that will rival Nvidia on Thursday at an event at a downtown convention center in San Francisco. AMD is attempting to capture market share from Nvidia in the fast-growing data center chip sector, especially for so-called inference computing, which is the data crunching that occurs when a user queries a chatbot such as OpenAI's ChatGPT.
T-Mobile US’s profit and revenue grew in the latest quarter boosted by growth in its postpaid business.
The deal is the latest move by a Western automaker to open its factory gates to Chinese competitors as they look to fill capacity and secure the future of their production sites.
European semiconductor stocks moved sharply on Thursday after earnings updates, with Soitec surging on strong photonics demand linked to artificial intelligence applications, while STMicroelectronics and BE Semiconductor Industries (Besi) fell as investors reacted to weaker near-term performance and elevated growth expectations. Soitec shares jumped around 23% after the French semiconductor materials supplier beat sales expectations by a wide margin and pointed to accelerating demand for photonics wafers used in artificial intelligence applications.
Molina Healthcare (NYSE:MOH) shares dropped more than 9% in premarket trading on Thursday after the health insurer issued a full-year revenue outlook that disappointed investors, despite reporting second-quarter earnings ahead of market expectations. While profitability exceeded forecasts, concerns over slowing revenue growth and ongoing Medicaid headwinds weighed heavily on market sentiment.
T-Mobile raised its forecast for annual adjusted free cash flow on Thursday and beat quarterly profit estimates, fueled by customer migration to pricier premium plans. The telecom provider has been retiring some legacy wireless plans and moving affected customers to newer offerings, with unlimited premium data and device-upgrade options. "We are seeing new customers really kind of adopt our most premium plans at a rate of about 60% of total sales," Chief Operating Officer Jon Freier told Reuters.
Comcast reported a lower profit in the second quarter, but narrowed subscriber losses in its domestic residential broadband business for the second quarter in a row.
By Douglas Gillison WASHINGTON, July 23 (Reuters) - Capital One executive Brian Johnson is due to appear before U.S. lawmakers on Thursday as they consider his nomination to lead the U.S.
By Douglas Gillison WASHINGTON, July 23 (Reuters) - Capital One executive Brian Johnson is due to appear before U.S. lawmakers on Thursday as they consider his nomination to lead the U.S.
For the full year, RTX now expects adjusted earnings between $7.10 and $7.25 a share, up from its previous forecast of $6.70 to $6.90.
(Bloomberg) -- Hedge funds’ most popular trade in the US bond market is showing signs of maxing out.Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandTrump’s 100% Generic Drug Duty Threatens US Low-Cost SupplyAlphabet’s $205 Billion Spending Target Fuels AI Cost FearsKnown as the basis trade, the strategy involves wagering on the small pr
The European Union on Thursday hit Google with a fine of 890 million euros ($1 billion) after it said the technology behemoth broke digital antitrust regulations by setting up Google Play and its ubiquitous search engine to corral consumers towards its own services and apps to the detriment of competitors. It was the latest major crackdown on Big Tech by Brussels, which has led the world in reining in some of the world's largest companies from Silicon Valley to Beijing. Google had recently lost its appeal of a $4.5 billion antitrust fine imposed for throttling competition and reducing consumer choice through the dominance of its mobile Android operating system.
Comcast's Peacock streaming service reported its first quarterly profit ever on Thursday, as the soccer World Cup and the hit reality show "Love Island USA" attracted more subscribers. Shares of the company were up 3% in premarket trading. The $189 million pre-tax profit marks a major win for the streaming service, which was a late entrant in 2020 and had to spend billions of dollars on content to establish a foothold in a market dominated by Netflix, Disney+ and Amazon Prime Video.
Advanced Micro Devices is set to launch a raft of AI hardware that will rival Nvidia on Thursday at an event at a downtown convention center in San Francisco. AMD is attempting to capture market share from Nvidia in the fast-growing data center chip sector, especially for so-called inference computing, which is the data crunching that occurs when a user queries a chatbot such as OpenAI's ChatGPT. AMD is expected to show off the company's data center hardware that includes its first-generation server racks called Helios, which it is marketing as a rival to a similar design from Nvidia, which is rolling out its second-generation product this year.
U. S. stock futures traded lower on Thursday as investors digested quarterly results from Alphabet, Tesla and IBM while awaiting the European Central Bank’s latest interest rate decision.
Norfolk Southern Corp. said Q2 earnings exceeded Wall Street expectations on higher freight volumes and fuel surcharges. The post First look: Norfolk Southern earnings appeared first on FreightWaves.
(Bloomberg) -- New Jersey Transit, the much-maligned rail system linking the state with New York City, emerged as a surprise winner in this year’s FIFA World Cup. But it came at a significant cost. Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandTrump’s 100% Generic Drug Duty Threatens US Low-Cost SupplyAlphabet’s $205 Billion Spending
July 23 (Reuters) - RTX raised its 2026 sales and profit forecasts on Thursday, betting on sustained demand for commercial aircraft maintenance and military systems, as airlines keep older jets flying and governments replenish weapons stockpiles. The Arlington, Virginia-based aerospace and defense company said its backlog rose 22% from a year earlier to $289 billion, including $170 billion in commercial aerospace orders and $119 billion in defense.
By Chris Kirkham and Akash Sriram LOS ANGELES, July 23 (Reuters) - A year ago, Tesla CEO Elon Musk said the company's robotaxi network would expand at a "hyper-exponential rate" and be available to
Anthropic is racing toward one of the largest IPOs in technology history, with private investors already pricing the Claude AI maker at staggering heights. But recent high-profile listings offer a cautionary tale that every excited investor should sit with before opening day.
The Google parent's shares have trailed the Nasdaq this year and fell premarket today, as investors fret over its AI spending spree. But its price of about 25 times forward earnings is hardly stratospheric if you consider the company’s growth prospects.
Lumentum Holdings will release its fourth-quarter earnings next month, and analysts anticipate a robust triple-digit bottom-line growth.
By Nick Carey LONDON, July 23 (Reuters) - Geely Auto will build two electric SUVs at Ford's factory in Spain and the two firms will jointly develop a new model, they said on Thursday, as rising
Qnity Electronics will release its second-quarter earnings next month, and analysts anticipate a high double-digit profit dip.
(Bloomberg) -- SpaceX will again attempt a major test of its massive Starship rocket on Thursday after abandoning takeoff last week, exposing investors to the risks of the company’s rocky development cycle and heightening the stakes for the critical milestone.Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandTrump’s 100% Generic Drug Duty
Dominion Energy will release its second-quarter earnings next week, and analysts anticipate a single-digit bottom-line growth.
A markets mystery has perplexed some analysts this year: Why are stocks sitting near all-time highs while the global economy is rocked by geopolitical conflict and inflation pressures?
STMicroelectronics (NYSE:STM) reported second-quarter 2026 revenue above the midpoint of its outlook and said demand accelerated across all end markets, with management pointing to particularly strong momentum in AI data centers, optical connectivity and industrial applications. President and Chief
Deepwater's Gene Munster said Musk's comments revealed deeper ties, with Tesla and SpaceX collaborating across Starlink, Terafab, Grok and Digital Optimus.
We use Google Analytics to count anonymous page views and understand which content gets read. No ads, no profiles. Decline keeps you on cookieless mode. Details.