News

PBF Energy slashes net debt by over $1.4 billion and expects elevated refining margins to persist into 2027, while navigating geopolitical risks and operational challenges.

Xcel Energy (NASDAQ:XEL) reported second-quarter 2026 earnings of $0.93 per share, up from $0.75 per share a year earlier, as higher electric revenues, allowance for funds used during construction (AFUDC), and lower depreciation and amortization more than offset increased financing costs. The utili

Adjusted EPS of $7.78 beats expectations, leading to a full-year outlook increase to at least $30.45, as Specialty and Care Services surge 22%.

Stagwell Inc (STGW) reports 10% organic revenue growth and record net new business of $171 million, driven by AI adoption and digital transformation.

Allegro Microsystems Inc (ALGM) reports Q1 FY2027 sales of $259 million, exceeding guidance, with data center revenue surging to a record 17% of total sales.

Altria Group Inc (MO) delivered a 4.9% adjusted EPS increase and expanded On+ to 120,000 stores, while navigating consumer trade-downs and intensified nicotine pouch competition.

Solstice Advanced Materials Inc (SOLS) reports 11% net sales growth and raises full-year 2026 guidance, driven by nuclear energy, electronic materials, and refrigerants.

AMC Global Media Inc (AMCX) raises full-year outlook after securing a $500 million Walking Dead licensing deal with Netflix, offsetting a 9% revenue drop in Q2 2026.

Despite a slight dip in quarterly earnings, AEP boosts full-year outlook and secures massive contracted load additions.

Moby summary of The Southern Company's Q2 2026 earnings call

Moby summary of Steven Madden, Ltd.'s Q2 2026 earnings call

The world’s largest corporate holder of Bitcoin says it is navigating a period of “muted Bitcoin sentiment and market skepticism.”

Moby summary of Colliers International Group Inc.'s Q2 2026 earnings call

Moby summary of AGCO Corporation's Q2 2026 earnings call

Apple posted a solid fiscal third quarter on Thursday, climbing past Wall Street's expectations thanks to strong sales of the iPhone and MacBook computers. Apple raised the prices of its Macs and iPads last month, citing a memory-chip shortage brought on by the artificial intelligence boom. The company had called the demand spike an “unprecedented challenge” for the consumer electronics industry.

The cryptocurrency exchange said revenue fell 19% in the second quarter to $1.22 billion, missing analyst estimates. Shares fell in after-hours trading.

The bitcoin treasury company reported a loss of $8.22 billion, or $24.45 a share, from a profit of $10.02 billion the year prior.

Moby summary of American Electric Power Company, Inc.'s Q2 2026 earnings call

Moby summary of A. O. Smith Corporation's Q2 2026 earnings call

The largest crypto exchange in the U.S. on Thursday posted a loss of $359 million, or $1.36 a share, compared with a profit of $1.4 billion, or $5.14 a share, a year earlier. The loss included a $209.5 million unrealized loss on the value of crypto assets held for investment. As part of its broader push to build an “everything exchange,” Coinbase has expanded into new financial products such as stock trading and prediction markets, which allow users to bet on yes-or-no questions about outcomes ranging from sports games to elections.

Apple (AAPL) released results for its fiscal third quarter, revealing earnings of $2.02 per share (vs. estimates of $1.80) and revenue of $109.42 billion (vs. estimates of $108.85 billion). The stock is ticking lower in Thursday's after-hours trading. Asking for a Trend Host Josh Lipton dives into Apple's earnings figures.

Strategy posted an $8.22B Q2 loss as Bitcoin price fell, yet expanded holdings to 843,775 BTC while boosting reserves and cutting debt.

Thursday, Rivian reported a second-quarter gross profit of $170 million. Wall Street was looking for $71 million.

Teladoc stock sinks on disappointing Q2 revenue and future guidance. Here’s why caution is warranted in buying the dip in TDOC shares today.

(Bloomberg) -- After roiling crypto markets with a sweeping overhaul of the financing model underpinning Strategy Inc.’s Bitcoin buying blueprint, Michael Saylor has investors wondering what’s next while reporting another multibillion loss tied to the declining value of the cryptocurrency accumulator’s holdings. Most Read from BloombergUS Strikes Iran Again as Conflict Spreads Across Middle EastChip Stocks Post Biggest Advance Since April 2025: Markets WrapBond Yields at 19-Year High Send Warsh

Cryptocurrency ‌exchange Coinbase Global on Thursday ‌recorded a third consecutive quarter of losses, ​hurt by lower transaction revenue as a prolonged downturn in crypto markets curbed trading activity. Shares of the crypto ‌exchange were down ⁠4.9% in trading after the bell. Cryptocurrency markets came under ⁠pressure during the April-to-June quarter as investors shunned riskier assets amid ​uncertainty over ​U.S. interest rates, ​geopolitical tensions and ‌persistent outflows from crypto investment products.

Amazon stock jumps after crushing Q2 earnings estimates as AWS posts its fastest growth in 18 quarters, reinforcing confidence in its AI strategy.

The company posted a higher second-quarter profit of $253 million as growth in the platform’s users continued to boost advertising revenue.

Modine Manufacturing (MOD) is in focus after reporting first quarter results on July 29, with earnings per share and net income above the prior year, as well as new guidance for higher net sales in fiscal 2027. See our latest analysis for Modine Manufacturing. Despite the strong first quarter report and updated guidance, Modine Manufacturing’s share price has recently given back ground, with the 30 day share price return down 30.55% and the 1 day move down 14.43%. However, the 1 year total...