News

Shares in China's Zhongji InnoLight fell in the first few minutes of its Hong Kong debut Thursday, after raising at least US$6.8 billion in the city's biggest IPO since 2019.The Shenzhen-listed firm priced shares at HK$980, raising about HK$53.4 billion (US$6.8 billion) in Hong Kong's biggest public offering since Chinese tech behemoth Alibaba listed in 2019.

SummaryView Transcript While the freight market shows resilience, UPS earnings paint a different picture, raising questions about Amazon’s impact and the carrier’s restructuring. Meanwhile, truck OEMs like PACCAR are reporting strong performance, indicating robust demand and favorable pricing ahead. Christopher Versace breaks down the Q2 earnings season in logistics and transportation. UPS stock sold off […] The post Trucking Earnings: Why UPS Is Falling Behind in a Robust Market appeared first

Meta beat on revenue and Zuckerberg called AI a generational opportunity, yet the stock cratered in after-hours trading and wiped out billions from his personal fortune. The gap between the bullish pitch and the brutal numbers tells a complicated story.

The U.S. International Trade Commission has opened an investigation into alleged infringement of Netlist memory patents by Super Micro Computer (NasdaqGS:SMCI) and other companies. The case centers on certain memory technologies that may be used in servers and data center hardware. The ITC process can lead to potential import bans or other trade remedies that affect hardware shipments into the U.S. This investigation adds a new legal and regulatory issue for SMCI investors to monitor through...

Meta fell and Microsoft rallied after sending very different signals on how they’re monetizing their massive AI outlays.

Johnson & Johnson proposed a $5.5b settlement to resolve tens of thousands of ovarian cancer talc lawsuits. The offer aims to address a decade-long legal dispute involving the company’s talcum powder products. The settlement would require approval from a majority of claimants before it can move forward. For investors watching Johnson & Johnson (NYSE:JNJ), this legal development sits alongside a stock that closed at $265.53 and has recently shown strong momentum. The shares are up 3.9% over...

Bank investors like a Fed rate hike. But they didn't get one.

<p>Semiconductors and megacap tech have rolled over, yet the broader market and equal-weight strategies are holding firm.</p>

The chipmaker topped revenue estimates, but cautious guidance, supply constraints, and Apple headwinds weighed on investor sentiment.

Equinix shares fell 3% on Wednesday as soft third-quarter forecast overshadowed a ‌raised full-year and long-term outlook. Here are some ‌details: • For the third quarter, Equinix expects revenue of $2.53 billion ​to $2.58 billion, the midpoint of which is below analysts' estimate of $2.58 billion. Equinix raised its forecast for 2026 revenue to a range of $10.21 to $10.29 billion, from $10.14 ‌billion to $10.24 billion.

The pressure on Consumer Staples directly reflects the exhaustion of sector pricing power. Procter & Gamble's (PG) recent earnings miss and conservative outlook underscore escalating consumer pushback against price hikes, which had previously driven sales growth and margin expansion.

Pilgrim's Pride (PPC) delivered earnings and revenue surprises of -14.67% and -5.59%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Intrusion Inc. (INTZ) closed at $0.76 in the latest trading session, marking a -2.19% move from the prior day.

Lemonade (LMND) is back in focus after its latest quarterly report, where strong year on year revenue and operating metrics met a cool reception from investors, who reacted to the company’s guidance. See our latest analysis for Lemonade. Lemonade’s share price has fallen sharply around the Q2 release, with a 1 day share price return of down 23.72% and year to date share price return of down 37.63%, even though the 1 year total shareholder return is 30.60% and the 3 year total shareholder...

Facebook-parent Meta reported profits on Wednesday that fell short of Wall Street expectations, as the cost of staying in the race to deploy artificial intelligence -- along with hefty legal and severance charges -- hurt its bottom line.At Meta, the profit decline was driven largely by one-time items, including $2.4 billion in charges tied to legal proceedings and $1.2 billion in severance from a round of layoffs in May.

An update on the company’s AI spending plans and the shrinking of free cash flow to less than $1 billion heightened scrutiny on the cost of its infrastructure build-out.

The Army modified its contract with Lockheed Martin to step-up production; the final cost will depend on congressional funding.

The latest trading day saw Core & Main (CNM) settling at $42.37, representing a -3.66% change from its previous close.

Kraft Heinz (KHC) closed at $27.62 in the latest trading session, marking a +1.17% move from the prior day.

PPL (PPL) concluded the recent trading session at $35.7, signifying a -1.73% move from its prior day's close.

The latest trading day saw Howmet (HWM) settling at $272.79, representing a -4.63% change from its previous close.

Affirm Holdings (AFRM) reached $70.11 at the closing of the latest trading day, reflecting a -3.16% change compared to its last close.

Meta Platforms said it expects Q3 revenue between $61 billion and $64 billion, or $62.5 billion at the middle of the range, below average analyst expectations of $63.24 billion.

In the latest trading session, Target (TGT) closed at $145.9, marking a +1.18% move from the previous day.

Broadcom Inc. (AVGO) closed the most recent trading day at $370.35, moving 2.77% from the previous trading session.

Stock tumbles nearly 8% after weaker-than-expected results, despite CEO’s blitz to tout positive effects of AI

Qualcomm (QCOM) delivered earnings and revenue surprises of -0.45% and +2.44%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Most of us know Pixar as the animation studio behind some of our childhood favorites. Since releasing “Toy Story” in 1995, the studio has built major franchises around “The Incredibles,” “Finding Nemo,” “Cars,” “Inside Out,” and other films that have generated billions of dollars in box-office ...

The stock market sold off as oil prices surged on Trump's Iran threats. Microsoft, Meta and Fortinet were key earnings movers late.

The U.S. International Trade Commission has opened an investigation into Samsung Electronics over alleged patent infringement involving certain memory products. The case could lead to a ban on imports of affected Samsung memory products into the U.S. if the ITC finds a violation. The investigation also involves several major Samsung customers that rely on its memory chips in their own devices. For investors watching Samsung Electronics, KOSE:A005930, this ITC investigation comes at a time...