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Lynda Petherick named New Look CEO
Just Style18d agoneutral
Lynda Petherick named New Look CEO

New Look has announced Lynda Petherick as its next chief executive officer (CEO) alongside a marked recovery in financial performance and plans to invest in technology designed to adapt to changing consumer habits.

McDonald's posts strong second quarter profit, names new chief of US operations
Associated Press18d agoneutral
McDonald's posts strong second quarter profit, names new chief of US operations

McDonald's posted a strong profit in its second quarter and named a new chief of U.S. operations with sales at home under pressure as many Americans grow more cautious about spending. McDonald’s said same-store sales, or sales at locations open at least a year, edged up 0.8% in the U.S. That’s a sharp slowdown from the 2.5% increase a year ago, when the company had a big win with a meal tied to “A Minecraft Movie.” McDonald’s warned in May that high gas prices and consumer anxiety over the U.S. conflict with Iran could dent its sales.

Timken (NYSE:TKR) Posts Better-Than-Expected Sales In Q2 CY2026
StockStory18d agoneutral
Timken (NYSE:TKR) Posts Better-Than-Expected Sales In Q2 CY2026

Industrial component provider Timken (NYSE:TKR) reported Q2 CY2026 results beating Wall Street’s revenue expectations, with sales up 7.5% year on year to $1.26 billion. Its non-GAAP profit of $1.83 per share was 12.9% above analysts’ consensus estimates.

META Q2 Deep Dive: AI Investment Drives Engagement as Margins Face Pressure
StockStory18d agoneutral
META Q2 Deep Dive: AI Investment Drives Engagement as Margins Face Pressure

Social network operator Meta Platforms (NASDAQ:META) beat Wall Street’s revenue expectations in Q2 CY2026, with sales up 28% year on year to $60.8 billion. On the other hand, next quarter’s revenue guidance of $62.5 billion was less impressive, coming in 0.9% below analysts’ estimates. Its non-GAAP profit of $6.18 per share was 16.5% below analysts’ consensus estimates.

Palantir, Coherent, Lumentum, ON Semi, and More Stocks That Explain Today’s Market
Barrons.com18d agoneutral
Palantir, Coherent, Lumentum, ON Semi, and More Stocks That Explain Today’s Market

Stock futures were rising on Tuesday, putting the on the brink of a record high as tech extended its recent rebound. Palantir was the S&P 500’s best performer ahead of the opening bell, surging 16% after the data analytics software developer reported strong second-quarter earnings. CEO Alex Karp described the quarter as “otherworldly,” as U.S. commercial revenue rose 149% from a year ago.

How Bullish 2026 Earnings Forecasts At EOG Resources (EOG) Has Changed Its Investment Story
Simply Wall St.18d agoneutral
How Bullish 2026 Earnings Forecasts At EOG Resources (EOG) Has Changed Its Investment Story

Wall Street analysts recently projected that EOG Resources’ June 2026 quarter earnings per share would more than double year over year, with revenues expected to reach about US$7.95 billion on strong contributions from crude oil, natural gas liquids, and gathering, processing, and marketing. Beyond the headline growth, shifting analyst expectations and segment-by-segment optimism highlight how EOG’s diversified production mix is increasingly central to its earnings power. Next, we’ll examine...

The Bull Case For Emerson Electric (EMR) Could Change Following Its Expanded Industrial AI Automation Push
Simply Wall St.18d agoneutral
The Bull Case For Emerson Electric (EMR) Could Change Following Its Expanded Industrial AI Automation Push

In late July and early August 2026, Emerson Electric expanded its industrial AI portfolio by launching the DeltaV Automation Platform for Data Centers, enhancing Nigel AI across NI’s software suite, and introducing Ovation AI Agents for power and water customers. Together, these offerings move Emerson further toward unified, AI-enabled automation that aims to simplify complex infrastructure control and build a foundation for more autonomous operations across data centers, test environments,...

XPeng (XPEV) Stock Could Be 28% Overvalued As Global Expansion Plans Build
Simply Wall St.18d agoneutral
XPeng (XPEV) Stock Could Be 28% Overvalued As Global Expansion Plans Build

XPeng stock has delivered a decline of about 71% over the past five years. Current checks send a mixed message as the Discounted Cash Flow (DCF) intrinsic value estimate points to a premium to the market price, while market multiples suggest the shares screen as cheap on some measures. Over the past five years XPeng has fallen roughly 70.8%, which means anyone looking at the stock today is weighing a long period of weak returns against the current price tag. Recent attention on XPeng’s...

Investing.com18d agoneutral
BofA says this memory stock could double. Here are 5 reasons why

Investing.com -- Bank of America has resumed coverage of SK Hynix with a Buy rating and a price target of W3,000,000 on the locally listed shares, arguing that the Korean chipmaker's dominance in high-bandwidth memory positions it for an operating profit super-cycle that Wall Street has yet to fully price in.