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Broadcom Chip Financing; Ross Earnings Forecast | Stock Movers
Bloomberg15d agoneutralVIDEO
Broadcom Chip Financing; Ross Earnings Forecast | Stock Movers

On this episode of Stock Movers: - Broadcom (AVGO) is in talks with a group of lenders to raise more than $60 billion in debt for an AI chip financing deal that will benefit Anthropic PBC and other companies, according to people with knowledge of the matter. - Ross Stores (ROST) shares climb after the off-price retailer boosted its earnings per share forecast for the full year. The company said it saw strength throughout the second quarter, with comparable store sales growth supported by "both an increase in new customers and higher engagement from existing customers." - BJ's Wholesale (BJ) boosted its adjusted earnings per share guidance for the full year; the guidance beat the average analyst estimate.

Apple paid 40% of its global taxes to Ireland in last fiscal year
Reuters15d agoneutral
Apple paid 40% of its global taxes to Ireland in last fiscal year

Apple paid Ireland $17.1 billion in taxes last year, ‌representing around 40% of its worldwide ‌total, according to a company filing that detailed ​the iPhone maker's global tax liabilities country-by-country. Apple said the amount paid to Ireland was "significantly higher" than income taxes accrued as ‌it included €13 billion ($15.18 ⁠billion) in back taxes that it was ordered to pay ⁠Ireland by European Union's top court in 2024. Ireland fought the EU back-tax bill alongside ​Apple for ​eight years, ​seeking to defend its ‌position as the location of choice for U.S. multinationals in Europe - and the billions of euros in direct and indirect taxes they bring in each year.

Wall St opens higher but weekly losses loom
Reuters15d agoneutral
Wall St opens higher but weekly losses loom

Aug 21 (Reuters) - Wall Street's main indexes opened higher on Friday after getting hammered in the previous session, though markets remained on track to end the week in the red as surging government

What Biogen (BIIB)'s Higher Earnings Guidance and Late-Stage Pipeline Progress Means For Shareholders
Simply Wall St.15d agoneutral
What Biogen (BIIB)'s Higher Earnings Guidance and Late-Stage Pipeline Progress Means For Shareholders

In recent months, Biogen raised its non-GAAP earnings guidance after strong commercial execution and a pivot toward growth products helped counter ongoing declines in its legacy multiple sclerosis portfolio. This improved outlook, combined with investor attention on five upcoming Phase 3 readouts in lupus, transplant, and rare disease programs, has become a central focus in reassessing the company’s long-term profile. Next, we’ll examine how Biogen’s higher earnings guidance and advancing...

Keysight Technologies Q3 Earnings Call Highlights
MarketBeat15d agoneutral
Keysight Technologies Q3 Earnings Call Highlights

Keysight Technologies (NYSE:KEYS) reported record fiscal third-quarter 2026 results, with revenue, orders and earnings exceeding the high end of its guidance range, as demand accelerated across AI infrastructure, semiconductor, aerospace and defense, and industrial markets. Chief Executive Officer

Wolfe Research highlights powerful S&P 500 earnings momentum
InvestorsHub15d agoneutral
Wolfe Research highlights powerful S&P 500 earnings momentum

S&P 500 companies are delivering strong second-quarter results, with Wolfe Research pointing to widespread revenue beats, upbeat guidance and an unusually robust earnings growth outlook for 2026. According to the research firm, 465 companies in the S&P 500 had reported their second-quarter 2026 results through Wednesday.

Why Is Newmont Stock Surging Friday?
Benzinga15d agoneutral
Why Is Newmont Stock Surging Friday?

Newmont Corporation (NYSE:NEM) stock traded higher Friday as strong gold prices and a board appointment supported sentiment around the gold miner. Nasdaq futures rose 0.76%, while S&P 500 futures gained 0.46%.Record Gold Prices Support NewmontSpot gold traded above $4,500 an ounce Friday and headed for a third consecutive weekly gain, according to Trading Economics.Investors turned to safe-haven assets amid volatility in currency and bond markets. Higher oil prices also fueled inflation concerns