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IDEX Q2 Earnings Call Highlights
MarketBeat11d agoneutral
IDEX Q2 Earnings Call Highlights

IDEX (NYSE:IEX) reported second-quarter 2026 results that exceeded its expectations, supported by growth in its Health & Science Technologies segment, stronger orders and operational execution. The company raised its full-year outlook for organic sales growth, adjusted EBITDA margin and adjusted

HudBay Minerals Q2 Earnings Call Highlights
MarketBeat11d agoneutral
HudBay Minerals Q2 Earnings Call Highlights

Hudbay Minerals (NYSE:HBM) reported second-quarter results marked by steady operating performance, record trailing-12-month adjusted EBITDA and continued progress on its copper growth pipeline, including projects in Arizona and British Columbia. The company generated $631 million in revenue and $32

Generac Q2 Earnings Call Highlights
MarketBeat11d agoneutral
Generac Q2 Earnings Call Highlights

Generac (NYSE:GNRC) reported second-quarter 2026 net sales growth of 11% as rising demand from data center customers drove a 29% increase in commercial and industrial revenue, while home standby generator sales returned to growth. Net sales totaled $1.17 billion for the quarter, compared with $1.06

Bloomberg11d agoneutral
Goldman Says Diesel at ‘Epicenter’ of Squeeze as Refineries Hit

(Bloomberg) -- Diesel is “at the epicenter” of a supply squeeze in fuels as global refinery activity fell this month to its lowest seasonal level since the pandemic, according to Goldman Sachs Group Inc.Most Read from BloombergStocks Fall as 30-Year Bond Yields Surge After Fed: Markets WrapWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionTrump Says US Will Strike Iran Hard as War Escalates AgainUS Intercepts Iran Attack on Bases, Puncturing Days of CalmMeta’s Zuckerberg Defends AI

Trump FCC gives Tesla a leg up in critical technology race
TheStreet11d agoneutral
Trump FCC gives Tesla a leg up in critical technology race

Tesla CEO Elon Musk believes that the future is robotic, and he is willing to spend $25 billion of his company's money this year to prove it. Musk already says Tesla (TSLA) is much more than a car company, so when the company raised its 2026 capital expenditure forecast to over $25 billion for ...

South Korean stocks bounce after rout, oil holds gains on Mideast woes
AFP11d agoneutral
South Korean stocks bounce after rout, oil holds gains on Mideast woes

South Korean stocks enjoyed a much-needed rally Thursday after a two-day rout as chip giant Samsung reported an eye-watering profit surge thanks to AI-driven demand, though the rest of Asia was mixed and oil held steep gains on fresh Middle East worries. Optimism got a boost Thursday as Samsung posted a 1,813 percent jump in second-quarter operating profit, buoyed by sustained AI-driven demand for memory chips. 

General Dynamics Q2 Earnings Call Highlights
MarketBeat11d agoneutral
General Dynamics Q2 Earnings Call Highlights

General Dynamics (NYSE:GD) reported higher second-quarter revenue, earnings and cash flow, led by growth in its Aerospace and Marine Systems businesses, and raised its full-year earnings outlook. The company reported second-quarter diluted earnings per share of $4.24 on revenue of $14.1 billion. Re

Even $64 Billion in Quarterly Profit Is a Disappointment for Chip Investors
The Wall Street Journal11d agoneutral
Even $64 Billion in Quarterly Profit Is a Disappointment for Chip Investors

SEOUL—One of the world’s biggest memory-chip makers reported a record $64 billion quarterly profit on Wednesday—and its stock price still fell nearly 10%. Welcome to the most fickle of stock markets, where earnings that would have been unthinkable a year or two ago are now treated as a disappointment. SK Group, which controls SK Hynix, announced a $500 billion partnership with Nvidia for next-generation memory supply and AI data centers, giving details about an agreement reached earlier.

Reuters11d agoneutral
South Korea fines KT Corp $37.4 million for personal data leak, panel says

South Korea's Personal Information Protection Commission ‌has fined telecoms company KT ‌Corp 54 billion won ($37.43 million) for a ​leak of customer personal information, the commission said on Thursday. Hackers stole more than 16,600 KT mobile ‌service customers' ⁠personal data and payment information and used them to ⁠make 240 million won worth of illegal payments, the commission ​said in ​a report ​of its investigation. The ‌leak occurred in 2024 and 2025, it said.

ASGN Q2 Earnings Call Highlights
MarketBeat11d agoneutral
ASGN Q2 Earnings Call Highlights

ASGN (NYSE:EFOR), reporting its first quarterly results under the Everforth name, said second-quarter revenue exceeded $1 billion and adjusted EBITDA margin reached 9.6%, with both measures surpassing the high end of its guidance range. Chief Executive Officer Ted Hanson said the performance reflec

Carvana Q2 Earnings Call Highlights
MarketBeat11d agoneutral
Carvana Q2 Earnings Call Highlights

Carvana (NYSE:CVNA) reported record second-quarter results as retail unit sales rose 38% year over year to 197,325 vehicles and revenue increased 52% to $7.38 billion. The online used-car retailer also posted record adjusted EBITDA of $769 million, net income of $513 million and GAAP operating incom

Chipotle Mexican Grill Q2 Earnings Call Highlights
MarketBeat11d agoneutral
Chipotle Mexican Grill Q2 Earnings Call Highlights

Chipotle Mexican Grill (NYSE:CMG) reported second-quarter revenue growth of 9.3% to $3.3 billion, supported by a 2.2% increase in comparable restaurant sales and a 1% increase in comparable transactions. The company said its “Recipe for Growth” strategy, including menu innovation, restaurant executi

Nvidia CEO takes Al fight from X to Capitol Hill
TheStreet11d agoneutral
Nvidia CEO takes Al fight from X to Capitol Hill

There is a moment in every industry when the argument stops being about the product and starts being about the rules. Companies that hit that moment usually send a lawyer. The rare ones send the founder. Nvidia (NVDA) has spent three years as the loudest argument in the stock market. Jensen Huang ...

Unpacking Rail Earnings: How Volume Growth Fuels Merger Talks
FreightWaves11d agoneutral
Unpacking Rail Earnings: How Volume Growth Fuels Merger Talks

SummaryView Transcript Railroads are seeing a significant upturn in Q2 earnings, with most Class 1 carriers raising their guidance. But the big story is the revelation of strategic deals between Union Pacific and Canadian National, directly tied to the CPKC merger. Discover how these competitive shifts will redefine domestic and cross-border rail operations, bypassing congested […] The post Unpacking Rail Earnings: How Volume Growth Fuels Merger Talks appeared first on FreightWaves.

Rail Merger: UP CEO Says it’s BETTER for Consumers | FreightWaves Today
FreightWaves11d agoneutral
Rail Merger: UP CEO Says it’s BETTER for Consumers | FreightWaves Today

SummaryView Transcript Rail traffic is UP, but the biggest story in North American rail is the proposed CPKC-KCS merger. We unpack the latest AAR data and hear why Union Pacific and Norfolk Southern CEOs believe this merger will be *better* for consumers, improving service, lowering costs, and bringing trucks off highways. But competitors aren’t convinced. […] The post Rail Merger: UP CEO Says it’s BETTER for Consumers | FreightWaves Today appeared first on FreightWaves.

Bank of America doubles down on Apple stock ahead of earnings
TheStreet11d agoneutral
Bank of America doubles down on Apple stock ahead of earnings

Every few years Apple does something that sounds like a minor product tweak but is actually a meaningful change to how it makes money. The shift from selling music to streaming it. The move from hardware warranties to AppleCare subscriptions. The build-out of Services into a business that now ...

Bloomberg11d agoneutral
Korean Stocks’ Record Rout Fails to Tempt Global Investors

(Bloomberg) -- South Korea’s stock market is displaying what would appear to be clear dip‑buying signs: July’s record 33% plunge that has left the benchmark Kospi at its cheapest valuation ever.Most Read from BloombergStocks Fall as 30-Year Bond Yields Surge After Fed: Markets WrapTrump Says US Will Strike Iran Hard as War Escalates AgainWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionUS Intercepts Iran Attack on Bases, Puncturing Days of CalmApple Set to Make Big Smart Home Push

Overlooked AI stock is growing faster than Nvidia
TheStreet11d agoneutral
Overlooked AI stock is growing faster than Nvidia

AI stocks like Nvidia (NVDA) have taken haymakers for much of the year, with investors firmly in "show-me" mode. Circular financing, ballooning hyperscaler spending, and questions over risk-reward continue weighing down the market. Yet one overlooked name tied to that buildout emerged ...

Amphenol Q2 Earnings Call Highlights
MarketBeat11d agoneutral
Amphenol Q2 Earnings Call Highlights

Amphenol (NYSE:APH) reported record second-quarter 2026 sales of $8.8 billion, up 55% year over year in U.S. dollars and 30% organically, as demand for artificial-intelligence infrastructure and broad strength across most end markets lifted results above the company’s guidance range. Adjusted dilut

Ulta joins forces with new partner after Target breakup
TheStreet11d agoneutral
Ulta joins forces with new partner after Target breakup

Less than a year after announcing plans to end one of retail's highest-profile beauty partnerships, Ulta Beauty isn't stepping away from collaborations after all. Instead, the beauty retailer has joined forces with another major fashion brand as it looks to strengthen customer engagement and ...

Samsung reports record profit as South Korean chip giants benefit from global AI boom
Associated Press11d agoneutral
Samsung reports record profit as South Korean chip giants benefit from global AI boom

South Korean technology giant Samsung Electronics on Thursday reported a record operating profit of 89.5 trillion won ($62 billion) for the April-June period, a day after crosstown rival SK Hynix also reported record earnings, as the world’s two largest memory chipmakers continue to ride the global artificial intelligence boom. Despite their soaring profits, the companies’ shares have fallen sharply this week in South Korea’s volatile stock market, where retail investors often drive sharp swings in share prices, as concerns grow over their plans to spend massively on increasing manufacturing capacity and the prospects of intensifying competition from China. Samsung’s second-quarter operating profit was a more than 19-fold increase from a year earlier, and nearly all of it came from its semiconductor business, which benefited from rising chip prices driven by demand for AI servers and increased shipments of advanced high-bandwidth memory chips used to power AI applications.

Major burger dining chain closes more locations
TheStreet11d agoneutral
Major burger dining chain closes more locations

The nation's No. 2 burger chain, Wendy's, is continuing its Project Fresh turnaround strategy, that it launched in 2025, which calls for the company to shutter underperforming locations. Wendy's in late July 2026 abruptly closed a restaurant at 4003 Wilmington Pike in Kettering, Ohio, with a sign ...