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Qualcomm shares slide as higher costs, Apple-related weakness cloud profit forecast
Reuters11d agoneutral
Qualcomm shares slide as higher costs, Apple-related weakness cloud profit forecast

Qualcomm shares fell about 5% in premarket trading on Thursday after the chipmaker's warning about higher memory costs ‌and a steeper decline in Apple revenue raised concerns about near-term ‌profit growth. A surge in AI infrastructure spending has tightened semiconductor supply chains, driving up costs ​for memory, wafers, packaging and testing. Qualcomm plans to pass on those increases to customers through double-digit price hikes.

Sensata Technologies Q2 Earnings Call Highlights
MarketBeat11d agoneutral
Sensata Technologies Q2 Earnings Call Highlights

Sensata Technologies (NYSE:ST) reported second-quarter 2026 results that exceeded its expectations, with revenue, adjusted operating income and adjusted earnings per share all rising from a year earlier. Chief Executive Officer Stephan von Schuckmann said the company recorded its fourth consecutive

London Stock Exchange Group H1 Earnings Call Highlights
MarketBeat11d agoneutral
London Stock Exchange Group H1 Earnings Call Highlights

London Stock Exchange Group (LON:LSEG) reported stronger first-half growth, margin expansion and cash generation, while raising its full-year revenue and EBITDA margin outlook. The company also emphasized its expanding role as a data and technology partner for financial-services customers adopting a

BofA sees more upside in Seagate’s AI storage trade
TheStreet11d agoneutral
BofA sees more upside in Seagate’s AI storage trade

Seagate Technology (STX) makes high-capacity hard drives used by cloud providers and large corporate data centers. Those drives store training files, model outputs, videos, customer records, and other data created by artificial intelligence applications. Cloud customers have been reserving ...

Bloomberg11d agoneutral
Blue Owl Reports Fundraising Slowdown Amid Credit Pullback

(Bloomberg) -- Blue Owl Capital Inc. said fundraising slowed in the second quarter as turmoil in the private credit market caused investors to pull back from its lending business.Most Read from BloombergStocks Fall as 30-Year Bond Yields Surge After Fed: Markets WrapUS Strikes Iran Again as Conflict Widens Across Middle EastWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionTrump Says US Will Strike Iran Hard as War Escalates AgainMeta’s Zuckerberg Defends AI Bets to Skeptical Invest

Ohio State Lands a Multimillion-Dollar Recruit: JPMorgan
The Wall Street Journal11d agoneutral
Ohio State Lands a Multimillion-Dollar Recruit: JPMorgan

Will they insist we call it THE JPMorgan Chase now? Here we are, the latest installment of college sports dropping the ruse that it isn’t all about the dollars. ESPN reported that Ohio State’s deal with JPMorgan calls for the bank to pay the school nearly $17 million each season, for which it will get its logo on game day jerseys and perhaps find an opportunity for Jamie Dimon to chuck one pass versus Nebraska.

Bloomberg11d agoneutral
KKR Earnings Hit Record With Best-Ever Quarter for Asset Sales

(Bloomberg) -- KKR & Co. posted a record profit in the second quarter, fueled by $1.29 billion of asset sales, the most in the firm’s 50-year history. Most Read from BloombergStocks Fall as 30-Year Bond Yields Surge After Fed: Markets WrapUS Strikes Iran Again as Conflict Widens Across Middle EastWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionTrump Says US Will Strike Iran Hard as War Escalates AgainMeta’s Zuckerberg Defends AI Bets to Skeptical InvestorsAdjusted net income surge

These Companies Are Cooking With Gas
The Wall Street Journal11d agoneutral
These Companies Are Cooking With Gas

​📈 Follow our live markets data and coverage. Natural gas is where the list of winners and losers gets really interesting. As the world’s largest producer—and a substantial exporter—there are no physical shortages (yet) and energy companies are earning temporary windfalls.

Bloomberg11d agoneutral
Private Credit Gets Cheaper in Europe as Redemptions Pressure US

(Bloomberg) -- To get a sense of how dour the US private credit market has become, consider this: It’s now potentially a better deal for borrowers to seek financing across the Atlantic.Most Read from BloombergStocks Fall as 30-Year Bond Yields Surge After Fed: Markets WrapUS Strikes Iran Again as Conflict Widens Across Middle EastWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionTrump Says US Will Strike Iran Hard as War Escalates AgainMeta’s Zuckerberg Defends AI Bets to Skeptical

Analysis-Meta's AI splurge lays bare its compute conundrum
Reuters11d agoneutral
Analysis-Meta's AI splurge lays bare its compute conundrum

Meta can simultaneously fuel its own AI ambitions and rent out its scarce computing capacity to bolster returns, CEO Mark Zuckerberg signaled on Wednesday. The Instagram owner is splurging billions to build compute - chips, servers, energy and data centers that ‌power AI - leaving it with free cash flow of just $784 million in the second quarter to run and grow its business. Pressed by analysts for details on Meta's plans, Zuckerberg framed compute as a scarce strategic asset that the company should keep and build around, rather than simply sell for short-term profit.

Why Americans are leasing fewer cars
Reuters11d agoneutral
Why Americans are leasing fewer cars

DETROIT, July 30 (Reuters) - Vehicle leasing has declined in the United States in recent years, curbing what has long been a preferred route to new wheels for many car shoppers. Before the pandemic, leasing accounted for around 30% of the U.

Banco Bilbao Viscaya Argentaria Q2 Earnings Call Highlights
MarketBeat11d agoneutral
Banco Bilbao Viscaya Argentaria Q2 Earnings Call Highlights

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) reported record second-quarter earnings, supported by loan growth, higher core revenues and improved capital generation, while announcing a new €2 billion extraordinary share repurchase program. Net attributable profit reached €3.062 billion in the second

Taiwan's ASE Tech raises 2026 capex by $2 billion on strong demand
Reuters11d agoneutral
Taiwan's ASE Tech raises 2026 capex by $2 billion on strong demand

Taiwan's ASE Technology Holding, the world's largest chip packaging and testing ‌provider, said on Thursday it would raise this year's ‌capital expenditure by $2 billion to around $10.5 billion, driven by strong demand. • Its ​previous capital expenditure guidance was $8.5 billion. • The company said it is building 13 greenfield sites this year ‌and has another eight ⁠brownfield sites, where it acquired existing factories and is repurposing them to meet demand.

Diners Return To Chipotle, Giving Earnings And Stock A Lift
Benzinga11d agoneutral
Diners Return To Chipotle, Giving Earnings And Stock A Lift

Chipotle Mexican Grill Inc. (NYSE:CMG) stock rose in premarket trading Thursday after the restaurant chain reported second-quarter results that topped Wall Street estimates, driven by higher comparable sales and increased customer traffic. Earnings Beat Estimates Adjusted earnings were 33 cents per share, topping the analyst consensus estimate of 32 cents, according to Benzinga Pro. Revenue increased 9.3% year over year to $3.35 billion, ahead of the consensus estimate of $3.33 billion. Comparab