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Lumen Technologies (LUMN) Appoints John M. Hinshaw To Its Board
Simply Wall St.24d agoneutral
Lumen Technologies (LUMN) Appoints John M. Hinshaw To Its Board

Lumen Technologies (NYSE:LUMN) has appointed John M. Hinshaw to its Board of Directors. Hinshaw brings executive experience from HSBC, Hewlett-Packard, Boeing, and Verizon Wireless. The appointment introduces additional leadership and operational expertise to Lumen's board. Lumen Technologies operates in the communications and network services space, where companies face ongoing demands around reliability, security, and modernization of infrastructure. Adding a director with experience...

Elon Musk's SpaceX Eyes Moon Landing in 2028 — 'Market Doesn't Believe It,' but Gene Munster Lays Out the Odds of That Happening
Benzinga24d agoneutral
Elon Musk's SpaceX Eyes Moon Landing in 2028 — 'Market Doesn't Believe It,' but Gene Munster Lays Out the Odds of That Happening

Space Exploration Technologies Corp (NASDAQ:SPCX) is targeting a human Moon landing in 2028, but one Wall Street analyst says investors remain skeptical of the timeline. SpaceX Targets ‘Boots on the Moon’ in 2028 On Tuesday, SpaceX reported its first quarterly results as a public company. During the earnings call, CEO Elon Musk said SpaceX must first make Starship "super reliable" for satellite launches before carrying people. He added that the company expects a high launch cadence to help it re

Coupang Q2 Earnings Call Highlights
MarketBeat24d agoneutral
Coupang Q2 Earnings Call Highlights

Coupang (NYSE:CPNG) reported second-quarter revenue growth that accelerated from the prior quarter on a constant-currency basis, while management said the company continued to recover from a prior data incident that disrupted product-commerce customer activity and pressured margins. Consolidated ne

Arista Networks Q2 Earnings Call Highlights
MarketBeat24d agoneutral
Arista Networks Q2 Earnings Call Highlights

Arista Networks (NYSE:ANET) reported fiscal second-quarter revenue of just over $3 billion, up 37.7% from a year earlier and above its prior guidance of $2.8 billion, as demand from AI and enterprise customers supported the company’s first $3 billion quarterly revenue milestone. Chief Executive Off

Viasat Q1 Earnings Call Highlights
MarketBeat24d agoneutral
Viasat Q1 Earnings Call Highlights

Viasat (NASDAQ:VSAT) reported first-quarter fiscal 2027 results that included positive free cash flow, rising government satellite communications revenue and record awards and backlog in its Defense & Advanced Technologies segment, while legacy fixed broadband and maritime businesses remained un

SpaceX investors have a new, unexpected liability to worry about
TheStreet24d agoneutral
SpaceX investors have a new, unexpected liability to worry about

As is the case with some of Elon Musk's other companies, SpaceX investors are looking towards the future. But that future comes with some added liabilities as the company's rockets get bigger and the traffic up there gets more congested. Low Earth orbit satellites travel at astronomical speeds up ...

Morgan Stanley says Citi’s expense scare hides a 2028 payoff
TheStreet24d agoneutral
Morgan Stanley says Citi’s expense scare hides a 2028 payoff

Citigroup (C) reported a 45% increase in second-quarter net income to $5.8 billion. The earnings beat did not prevent Citi shares from falling 5.3% on July 14 as investors focused on management’s warning that investments and severance costs could increase during the second half of 2026, Reuters ...

Amgen (AMGN) Faces Patient Data Breach And Tavneos Review Risk
Simply Wall St.24d agoneutral
Amgen (AMGN) Faces Patient Data Breach And Tavneos Review Risk

Amgen (NasdaqGS:AMGN) has reported a major cybersecurity breach that exposed sensitive patient health information. At the same time, regulators are reviewing the clinical data supporting its rare inflammatory disease drug Tavneos, following the retraction of a pivotal publication. Together, the data breach and questions over Tavneos data raise regulatory, reputational, and operational risks for Amgen. Amgen is a large biopharmaceutical company with a broad portfolio of therapies, including...

Paramount Skydance (PSKY) Following Q2 Results And Deal Progress Is The Valuation Case Turning
Simply Wall St.24d agoneutral
Paramount Skydance (PSKY) Following Q2 Results And Deal Progress Is The Valuation Case Turning

Paramount Skydance (PSKY) just reported its second quarter results, with sales of US$6.91b and net income of US$41m. Sales for the first half reached US$14.26b, with net income of US$209m. See our latest analysis for Paramount Skydance. Despite the Q2 earnings beat and progress toward the Warner Bros. Discovery acquisition, Paramount Skydance’s recent 7 day share price return of 5.41% sits against a weaker backdrop. The year to date share price return is down 36.42% and the 5 year total...

Coupang (CPNG) Is Up 8.7% After Q2 Loss Widens Despite Continued Revenue Growth - What's Changed
Simply Wall St.24d agoneutral
Coupang (CPNG) Is Up 8.7% After Q2 Loss Widens Despite Continued Revenue Growth - What's Changed

Coupang, Inc. has reported its second-quarter 2026 results, with revenue rising to US$8,856 million from US$8,524 million a year earlier but shifting from net income of US$32 million to a net loss of US$570 million, and basic and diluted loss per share of US$0.32 from prior earnings per share of US$0.02. Over the first half of 2026, Coupang’s revenue grew to US$17,360 million from US$16,432 million, yet the company moved from net income of US$139 million to a net loss of US$836 million,...

Convenience store giant takes on Coca-Cola and Pepsi
TheStreet24d agoneutral
Convenience store giant takes on Coca-Cola and Pepsi

As the two best-known cola manufacturers, Coca-Cola and PepsiCo have been locked in a struggle for decades. While Pepsi often ranks second, the corporate powerhouse continues to chase Coca-Cola consumers at an impressive pace. And although Coca-Cola remains ahead, it's had its share of stumbles — ...

Albuquerque Journal, N.M.24d agoneutral
Nonprofit wants TXNM to hand $240 million to customers over ‘waived’ Blackstone termination fee

An Albuquerque nonprofit wants TXNM Energy Inc. to dole out $240 million in rate credits to customers after state regulators voided a $400 million sale in the utility company’s stock to Blackstone Inc. In a Monday filing with the Public Regulation Commission, Albuquerque-based Prosperity Works cites a $350 million termination fee baked into an agreement for private equity firm Blackstone Inc. ...

Upstart Q2 Earnings Call Highlights
MarketBeat24d agoneutral
Upstart Q2 Earnings Call Highlights

Upstart (NASDAQ:UPST) reported second-quarter 2026 results marked by accelerating loan originations, higher contribution margins and a return to GAAP profitability, while reaffirming its full-year financial outlook despite a higher macroeconomic risk indicator. Chief Executive Officer Paul Gu said

TransMedics Group Q2 Earnings Call Highlights
MarketBeat24d agoneutral
TransMedics Group Q2 Earnings Call Highlights

TransMedics Group (NASDAQ:TMDX) reported record second-quarter revenue as growth in liver procedures, clinical services and transplant logistics offset increased spending on product development, international expansion and infrastructure. Total revenue for the quarter ended June 30 rose 21% year ov