News
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Eli Lilly is scheduled to report earnings Wednesday morning, with traders expecting the drugmaker’s stock could potentially approach last month’s highs following the results.
Investing.com -- Caterpillar Inc. (NYSE: CAT) reported second-quarter results before the open on Tuesday, exceeding analyst expectations and sending its stock higher in premarket trading.
Investing.com -- Merck reported significantly better-than-expected earnings for the second quarter, while narrowing and raising its full-year revenue outlook.
Wix.com (WIX) delivered earnings and revenue surprises of +23.01% and +1.56%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Leidos (LDOS) delivered earnings and revenue surprises of +12.41% and +4.50%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
With inflation still biting into real yields and Q3 cash flow season approaching fast, five income stalwarts stand out as the dividend payers retirees keep reaching for when the calendar turns to fall.
NEW DELHI/MUMBAI, Aug 4 (Reuters) - India has moved a step closer to reintroducing merchant fees on transactions made through its popular Unified Payments Interface (UPI) after proposed changes to the
(Bloomberg) -- Wall Street’s appetite for weight-loss drug stocks over the past four years has powered Eli Lilly & Co. to consistently trade above $1,000 per share. Now, some see the pharma giant’s stock as primed for a split.Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBevApple’s New CEO Taps Retired Hardware Executive for Management TeamTaco Bell Met With Michigan on Parasite Weeks Before RecallMamdani Dismisses Business Leaders Advising NYC’s Mayor’s FundS&P 5
(Bloomberg) -- Volta Infra Holdings Ltd., a new artificial intelligence cloud company, has raised $300 million in venture funding and secured an additional $5 billion worth of financing to help a wider mix of technology companies gain access to costly AI chips. The funding, set to be announced Tuesday, values Volta at $2.4 billion, and was co-led by Andreessen Horowitz and Altimeter Capital. Nvidia Corp. and Michael Dell also participated. Azora, the asset-management firm providing the financing
The Golden Arches has been working to win back customers as Americans cut spending, especially lower-income consumers.
Aug 4 () - Pfizer on Tuesday slightly raised the lower end of its full-year revenue forecast after beating Wall Street estimates for second-quarter profit, driven by strong demand for blood thinner Eliquis. Pfizer is banking on newer medicines to offset fading COVID revenue and reduce reliance on aging blockbuster drugs, while investors look for signs that its $10 billion purchase of Metsera can help establish a meaningful presence in the fast-growing obesity market.
Streaming music leader Spotify beat estimates for paying subscribers in Q2 but missed views on earnings. Spotify stock fell.
Oppenheimer believes WMT stock’s “peakish valuation” could be at risk of a re-rating lower if the company’s U.S. comp growth slows.
Investing.com -- Spotify Technology SA (NYSE: SPOT) reported second-quarter results that fell short of analyst expectations, sending shares 6% lower in premarket trading.
NHTSA just labeled over 135,000 Ford vehicles an unreasonable safety risk, and the agency has not finished with Ford yet. With 36 recalls already logged in 2026 and a billion dollars in promised warranty savings on the line, the pressure on Jim Farley is reaching a breaking point.
The drugmaker posts a narrower-than-expected quarterly loss fueled by growth in its oncology segment.
Elon Musk’s SpaceX today reports its first quarterly earnings as a public company. In the wake of its post-IPO stock drop and Tesla’s negative quarterly cashflow, what can investors expect? 🎧 The latest episode of the Tech News Briefing podcast gets into all of that.
August 4 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets World markets turned quieter on Tuesday after yesterday's equity rally and oil
(Bloomberg) -- Caterpillar Inc. posted second-quarter earnings and revenue that beat Wall Street expectations as the company’s power-generation business continued to post strong growth off the back of data center spending.Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBevApple’s New CEO Taps Retired Hardware Executive for Management TeamTaco Bell Met With Michigan on Parasite Weeks Before RecallMamdani Dismisses Business Leaders Advising NYC’s Mayor’s FundS&P 500 C
The audio streamer hits a milestone, but that isn’t enough to make its earnings a hit with investors.
Merck slashed its profit outlook for the year due to charges tied to its acquisition of cancer biotech company Terns Pharmaceuticals.
There are still lessons to be learned from last week’s meltdown at hedge fund Situational Awareness. One is that investors can be too quick to forgive and forget, focusing on the heady gains instead of reckless behavior. Humbled manager Leopold Aschenbrenner, whose surname means ash burner, probably will rise like a phoenix.
Tesla and SpaceX have a lot of overlap. Both companies are all about AI and, of course, both are run by Elon Musk.
September Nasdaq 100 E-Mini futures (NQU26) are up +0.67% this morning, signaling further gains for tech stocks as blockbuster earnings from Palantir Technologies boosted sentiment.
Chinese robot maker Unitree Technology is expected to be valued at more than 50 billion yuan ($7.4 billion) after its planned Shanghai IPO, according to a report by Citic Securities, which is sponsoring the initial public offering. Citic Securities expected the Hangzhou-based company to be worth 50.6 billion to 55.9 billion yuan six to 12 months after listing later this month. The valuation report, distributed to investors and seen by Reuters, is largely seen as guidance ahead of Wednesday's IPO price enquiry.
(Bloomberg) -- The breakdown of Uber Technologies Inc.’s robotaxi partnership with Alphabet Inc.’s Waymo is looming large over the ride-hailing giant’s quarterly results, as investors grow anxious about the stock that has lagged the broader market this year. Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBevApple’s New CEO Taps Retired Hardware Executive for Management TeamTaco Bell Met With Michigan on Parasite Weeks Before RecallMamdani Dismisses Business Leaders
SpaceX (NASDAQ:SPCX) is due to publish its quarterly results after the close of trading on Tuesday, marking the company’s first earnings report since its highly anticipated stock market debut. The release is expected to provide investors with a clearer picture of whether the company’s financial performance supports the ambitious growth expectations that accompanied its listing, particularly as it continues to invest heavily in artificial intelligence and space technologies.
ON Semiconductor (NASDAQ:ON) shares climbed 7. 6% in pre-market trading after the chipmaker reported second-quarter 2026 results that exceeded Wall Street forecasts and issued a stronger-than-expected outlook for the current quarter.