News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
Eaton Corporation is set to announce its second-quarter earnings in a few weeks, and Wall Street forecasts a single-digit increase in its profits.
Investing.com -- Johnson & Johnson (NYSE:JNJ) reported second-quarter results that exceeded Wall Street expectations, though shares are down around 1% premarket on Wednesday.
Semiconductor equipment giant ASML beat estimates for the second quarter and raised its outlook for the full year. ASML stock rose on the news.
Investing.com -- BlackRock shares rose about 3% in premarket trading Wednesday after the asset manager reported second-quarter earnings that comfortably beat expectations, driven by record inflows and strong organic growth across its platform.
📈 Follow our live markets data and coverage. Investors hear a lot about the price of oil, despite the fact that they don’t buy, sell or consume it directly. The process of turning crude into the products actually used to keep the modern world moving is almost an afterthought.
(Bloomberg) -- PNC Financial Services Group Inc. posted $2.06 billion in net income for the second quarter, beating analysts’ expectations after another three months of strong lending and fee growth.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsTrump Drops 20% Fee for Hormuz Cargo After Gulf PressureUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeOpenAI’s First Device Will Be Movable, Screenless Speaker Built as AI Companion‘We Faltered’:
U. S. stock futures traded modestly higher on Wednesday after inflation data came in below expectations, easing concerns that the Federal Reserve may need to raise interest rates in the near term.
By Michael Erman July 15 (Reuters) - Johnson & Johnson beat Wall Street estimates for second-quarter sales and profit on Wednesday, as strong growth from immunology drug Tremfya and cancer blockbuster
Alphabet unit Google on Wednesday urged Europe's top court to dismiss EU antitrust regulators' appeal against a lower court ruling that scrapped a €1.49 billion ($1.7 billion) fine, saying the regulators' arguments were flawed. The dispute reached the Court of Justice of the European Union after regulators appealed a 2024 General Court ruling that annulled the fine imposed on Google in 2019. The lower court cited errors in the European Commission's assessment of the case.
July 15 (Reuters) - U.S. stock index futures edged higher as investors braced for a fresh wave of corporate earnings as well as producer inflation data due later Wednesday, while PayPal shares surged
Marathon Petroleum is set to report Q2 earnings next month, with analysts expecting triple-digit EPS growth.
(Updates with the stock move in the headline and first paragraph, and Intel collaboration in the las
Stocks looked set to rise again on Wednesday, building on gains from the previous session that were powered by a solid start to the second-quarter earnings season and cooler-than-expected inflation data. Nasdaq 100 futures added 0.4%. Dow Jones Industrial Average futures rose 81 points, or 0.2%.
BlackRock’s assets under management surged to a record $15.3 trillion in the second quarter, boosted by $192 billion in new money from clients and a roaring stock market. The world’s largest asset manager reported $1.
Netflix is under pressure to reassure investors about its growth strategy when it reports second-quarter results on Thursday, as its user engagement has faltered amid growing competition from traditional media players, YouTube and mobile viewing. The streaming giant has shed over a fifth of its value this year due to doubts about its growth efforts, including an ad business that is still far from becoming a major revenue stream. • The advertising business — seen as crucial to Netflix's growth since the boost from its password-sharing crackdown and price hikes over the past two years fades — is expected to bring in $705.8 million in revenue.
(Bloomberg) -- In the span of just two weeks, Meta Platforms Inc. has gone from a market afterthought to one of its hottest stocks, as investors finally like what Facebook’s parent is saying about its artificial intelligence plans.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsTrump Drops 20% Fee for Hormuz Cargo After Gulf PressureUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeOpenAI’s First Device Will Be Movable, Screenless Speaker Buil
(Bloomberg) -- AdvanCell Pty, a biotechnology firm backed by Eli Lilly & Co., has raised $315 million in new funding, underscoring investor confidence in its experimental cancer therapy.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsTrump Drops 20% Fee for Hormuz Cargo After Gulf PressureUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeOpenAI’s First Device Will Be Movable, Screenless Speaker Built as AI Companion‘We Faltered’: IBM Plunges M
Are we in an AI bubble or the next industrial revolution? Host Kenny Polcari discusses tech valuations, the likelihood of Fed rate cuts, and the path to S&P 8,000 with Opening Bell Media CEO Phil Rosen and StockBrokers.com Director of Investor Research Jessica Inskip.
The primary reason for the 12-state lawsuit is that a Paramount-WBD combination would curb entertainment content and distribution, putting the TV/movie marketplace into fewer hands. What's the fallout?
(Bloomberg) -- Investors should look across the entire artificial intelligence value chain rather than focus on Big Tech alone, according to JPMorgan Private Bank’s Madison Faller. Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsTrump Drops 20% Fee for Hormuz Cargo After Gulf PressureUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeOpenAI’s First Device Will Be Movable, Screenless Speaker Built as AI Companion‘We Faltered’: IBM Plunges Most S
Devon Energy is set to report Q2 earnings, with analysts expecting nearly 60% year-over-year EPS growth.
(Bloomberg) -- KKR Inc. has started marketing a debt deal tied to PayPal Holdings Inc.’s buy now, pay later business in Germany, the first of its kind in Europe.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsTrump Drops 20% Fee for Hormuz Cargo After Gulf PressureUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeOpenAI’s First Device Will Be Movable, Screenless Speaker Built as AI Companion‘We Faltered’: IBM Plunges Most Since at Least 1968 o
Top computer chip equipment maker ASML said its capacity expansion plans in 2027 and 2028 unveiled on Wednesday along with second-quarter earnings take into account demand for its tools from Elon Musk's planned Terafab chip production facility in Texas. "We're in dialogue with all our customers and we know ... what their building plans are," Chief Financial Officer Roger Dassen said on a call.
Virtually everything worked in big banks’ favor in the second quarter, but there’s no shortage of things that could go wrong.
PayPal shares climbed in premarket trade on reports that payments start-up Stripe and private equity group Advent International jointly offered to buy the company.
Twenty-six Meta employees have filed a lawsuit accusing the tech giant of using artificial intelligence to select workers for mass layoffs, a claim strongly denied by the trillion dollar company.According to the lawsuit, filed in Oakland, California on Monday Meta used AI systems to "score, rank, and select employees" to be laid off rather than "the considered judgement of managers who knew the work" while disproportionately targeting those on medical or family leave.
Chinese investors seeking shares in CXMT's $8.6 billion IPO are betting the Chinese chipmaker's valuation will soar as much as 10-fold after its Shanghai debut on the back of an AI-led upcycle and Beijing's ambition to be technologically self-sufficient. The share offering by CXMT, or ChangXin Memory Technologies, will be Asia's biggest share sale so far this year. Wu Zhou, a fund manager at Shenzhen Deyuan Investment, said he will bid for new CXMT shares, betting that China's top memory chipmaker will one day take market share from global giants like South Korea's Samsung Electronics and SK Hynix.
(Bloomberg) -- Apple Inc.’s on-device artificial intelligence system got its long-awaited approval for release in China, integrating Alibaba Group Holding Ltd.’s Qwen AI into the iPhone experience.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsTrump Drops 20% Fee for Hormuz Cargo After Gulf PressureUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeOpenAI’s First Device Will Be Movable, Screenless Speaker Built as AI Companion‘We Faltered’: IB