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Westinghouse Electric Files Confidentially for IPO
The Wall Street Journal9d agoneutral
Westinghouse Electric Files Confidentially for IPO

Nuclear technology and services supplier Westinghouse Electric has confidentially filed a draft registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock

Mastercard Q2 Earnings Call Highlights
MarketBeat9d agoneutral
Mastercard Q2 Earnings Call Highlights

Mastercard (NYSE:MA) reported second-quarter 2026 results that exceeded its expectations, supported by continued consumer and business spending, cross-border activity and demand for its value-added services. On a non-GAAP, currency-neutral basis, net revenue rose 12% year over year, adjusted net in

How Big Is Tesla's China Business, Anyway?
The Wall Street Journal9d agoneutral
How Big Is Tesla's China Business, Anyway?

Some Tesla executives have been told to prepare for a separation of the automaker's China business ahead of a potential merger with SpaceX, the Journal reports. The China business brought in $8.86 billion of sales in the first half of 2026, accounting for 17.

Private credit roundup: Earnings hold up as defaults, redemptions remain elevated
Reuters9d agoneutral
Private credit roundup: Earnings hold up as defaults, redemptions remain elevated

Ares Capital and Blue Owl Capital reported resilient second-quarter results this week, while Ares Management posted record fundraising, highlighting continued institutional demand for private credit despite rising defaults, ‌retail redemptions and liquidity concerns. Ares Management, one of the industry's largest players, raised a record $36 billion ‌in the second quarter, including $23.7 billion for its credit strategies. Assets under management rose 17% from a year earlier to $671.3 billion.

KKR & Co. Inc. Q2 Earnings Call Highlights
MarketBeat9d agoneutral
KKR & Co. Inc. Q2 Earnings Call Highlights

KKR & Co. Inc. (NYSE:KKR) reported record second-quarter results for 2026, led by growth in management fees, fundraising, capital deployment and monetization activity across its asset management, insurance and strategic holdings businesses. Fee-related earnings were $1.32 per share, up 34% from a y

Jones Lang LaSalle Q2 Earnings Call Highlights
MarketBeat9d agoneutral
Jones Lang LaSalle Q2 Earnings Call Highlights

Jones Lang LaSalle (NYSE:JLL) reported second-quarter 2026 revenue growth of 11% in U.S. dollars and 10% in local currency, supported by broad strength in its advisory operations and continued growth in recurring-service businesses. Adjusted EBITDA rose 33% and adjusted earnings per share increased

KBR Q2 Earnings Call Highlights
MarketBeat9d agoneutral
KBR Q2 Earnings Call Highlights

KBR (NYSE:KBR) reported second-quarter 2026 revenue of approximately $2 billion, up 2% from the prior-year period, while adjusted EBITDA rose $16 million to $258 million and adjusted EPS increased $0.08 to $0.99. The company said first-half results were tracking slightly ahead of its planned cadence

Kinross Gold Q2 Earnings Call Highlights
MarketBeat9d agoneutral
Kinross Gold Q2 Earnings Call Highlights

Kinross Gold (NYSE:KGC) reported second-quarter production of 492,000 gold equivalent ounces and attributable free cash flow of $727 million, as the company said it remains on track to meet its 2026 production, cost and capital-spending guidance. Chief Executive Officer Paul Rollinson said the comp

Coinbase shares take hit on quarterly loss, analysts back diversification strategy
Reuters9d agoneutral
Coinbase shares take hit on quarterly loss, analysts back diversification strategy

Shares of Coinbase Global slipped 5.6% in premarket trading on Friday after a third straight quarterly loss, though analysts ‌expect strong fundamentals and business diversity to cushion it from a crypto ‌cycle downturn. The cryptocurrency market lost significant value in recent sessions, with bitcoin falling, as expectations that the ​U.S. Federal Reserve will cut interest rates faded and investors pulled money from spot exchange-traded funds. Shares of Coinbase, often tied to the crypto cycle, have matched that ‌with a nearly 28% decline.