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KKR Near Deal to Buy Integer Holdings
The Wall Street Journal8d agobullish
KKR Near Deal to Buy Integer Holdings

Private-equity firm KKR is near a deal to take medical-device outsourcing company Integer Holdings private, according to people familiar with the matter. The deal, which could come as soon as next week, would value the Plano, Texas-based company at roughly $127 a share, the people said. There are no guarantees a deal will come together.

The lessons Chime and Visa's layoffs have for banks
American Banker8d agobearish
The lessons Chime and Visa's layoffs have for banks

Digital lender Chime and Visa this week became the latest firms to cite AI as part of a downsizing. While bots usually aren't directly replacing workers, machine learning changes customer access to financial products in a way that's increasingly making some work less necessary.

Bloomberg8d agoneutral
Big Tech Holds $2 Trillion of Spending Commitments for AI Boom

(Bloomberg) -- The four largest players in the data center race have committed nearly $2.4 trillion in spending over the coming years, pointing to massive ongoing investment in AI infrastructure.Most Read from BloombergSingapore's Gated Island for the Rich Is Marred by Decayed HomesAnthropic AI Models Hacked Three Organizations During TestsMoonshot’s Kimi Uses 20,000 Nvidia Chip Cluster From AlibabaMicrosoft’s $450 Billion Jump Is Biggest in Stock Market HistoryChip Stocks Post Biggest Advance S

Mark Zuckerberg's data center: Bigger risk than your house
TheStreet8d agoneutral
Mark Zuckerberg's data center: Bigger risk than your house

Let's say you're buying a new house, and you've been tracking mortgage rates before closing. And you're within your rights to be concerned that the rate on a 30-year mortgage has been rising of late. In fact, the rate has risen from just under 6% at the end of February to 6.66% as of July 30, ...

Eaton Q2 Earnings Call Highlights
MarketBeat8d agoneutral
Eaton Q2 Earnings Call Highlights

Eaton (NYSE:ETN) reported record second-quarter revenue and adjusted earnings as demand across its electrical businesses and aerospace segment remained strong, led by data center activity and capacity expansion in Electrical Americas. Chief Executive Officer Paulo Ruiz said adjusted earnings per sh

Enbridge Q2 Earnings Call Highlights
MarketBeat8d agoneutral
Enbridge Q2 Earnings Call Highlights

Enbridge (NYSE:ENB) said it completed the first half of 2026 with a solid second quarter, supported by high utilization across its four business units, and reaffirmed its full-year guidance. The company also outlined a growing project pipeline spanning liquids transportation, natural gas transmissio

Retail Earnings Season Could Be the Messiest Yet
Barrons.com8d agoneutral
Retail Earnings Season Could Be the Messiest Yet

Retail earnings season kicks off Aug. 19 with investors expected to focus less on tariff-driven margin gains and more on whether companies such as Walmart, Target, Dollar General, and Five Below can sustain sales growth.

Meta stock plunges as Zuckerberg’s AI gamble devours its cash
TheStreet8d agobearish
Meta stock plunges as Zuckerberg’s AI gamble devours its cash

Meta Platforms (META) generated the kind of sales growth most firms would be thrilled to see. Wall Street retaliated by cutting about 9% off the stock early Thursday, July 30. Facebook's and Instagram's parent company earned $60.8 billion in sales in the second quarter, up 28% from a year ago. ...

Chevron CEO Says Key Black Sea Marine Terminal Back in Service
The Wall Street Journal8d agoneutral
Chevron CEO Says Key Black Sea Marine Terminal Back in Service

Chevron CEO Mike Wirth says the Black Sea marine oil terminal that had halted operations following nearby Ukrainian drone strikes is loading ocean-faring tankers with crude again. Oil prices had shot up in mid-July partly in response to Ukrainian drone attacks that hit four tankers, including one chartered by Chevron, near the key oil export hub, which feeds 2% of the world's daily oil supplies. Chevron owns 15% of the pipeline connected to the terminal and 50% of a joint venture behind a giant Kazakh oil field that feeds the pipeline.

Investing.com8d agoneutral
Investing.com’s stocks of the week

Investing.com -- A packed week of Big Tech earnings produced significant moves in both directions, with memory stocks experiencing significant volatility.

IBD Stock Of The Day: GE Aerospace Rises In Buy Zone After Earnings Letdown
Investor's Business Daily8d agobullish
IBD Stock Of The Day: GE Aerospace Rises In Buy Zone After Earnings Letdown

GE Aerospace stock rose on Friday, capping a week of gains that left it squarely within a buy zone. Shares rose 1.5% as they rebounded from key technical support. Like most aerospace stocks, GE Aerospace has had a year of ups and downs that has nonetheless yielded gains thus far.