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Walmart beat estimates, raised guidance, and watched its stock crater 9% anyway. The reason buried in the CFO's comments explains why the quarter's biggest win may actually set up a painful Q3.
Nordson tops Q3 earnings and revenue estimates as record sales across all segments, strong orders and a higher fiscal 2026 outlook fuel momentum.
Millions of vehicles need software fixes tied to safety concerns.
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.
Federal auto-safety regulators are opening an investigation into nearly one million General Motors pickup trucks and sport-utility vehicles after receiving hundreds of reports of engine failures. The National Highway Traffic Safety Administration said Friday it was launching the probe into vehicles equipped with a particular GM V-8 engine that had already been the subject of an earlier recall. The regulator has received nearly 500 complaints alleging engine failure in vehicles that had already been serviced under recall, including nearly two dozen that required complete engine replacements.
The new airline will connect a viral religious site to many other destinations.
Bitcoin (CRYPTO: $BTC) mining operator Poolin Technology has filed for Chapter 11 bankruptcy.
His Duquesne Family Office opened a position in Reddit in the second quarter.
Mike Jeffries has claimed dementia made him unfit to face charges that he coerced male models for sex.
Investing.com -- Iran's President Masoud Pezeshkian called for an end to the war with the United States, challenging hardliners who want to continue fighting.
BJ's Wholesale Club's (BJ) fiscal second-quarter results came in ahead of Wall Street's estimates, p
The S&P 500 Index ($SPX ) (SPY ) is up by +0.37% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.67%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.10%. E-mini S&P futures (ESU26 ) are up +0.30%, and September E-mini...
Alibaba is betting heavily on AI as cloud revenues accelerate, margins improve and management defends rising CapEx while targeting quicker payback.
Most retirees holding the biggest municipal bond ETF assume they are getting the best deal on tax-free income, but a rival fund with the same federal exemption is quietly paying at a rate that makes MUB look like it has one hand tied behind its back.
Deere sees fiscal 2026 as the ag-cycle bottom, raises its profit and cash flow outlook, and points to firm construction demand and improving 2027 order trends.
Construction and small agriculture drove profit growth despite international headwinds.
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
UBS raised Ross’ price target to $239 from $232 and kept a ‘Neutral’ rating, after the company posted better-than-expected second-quarter earnings.
Ross Stores, Inc. will release its second-quarter earnings report after the closing bell on Thursday, Aug. 20. Analysts expect the company to report quarterly earnings of $1.94 per share, up from $1.56 per share in the year-ago period. The consensus...
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 (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
Tesla Inc. (NASDAQ:TSLA) is recalling 2.98 million vehicles in China, its largest recall ever in the country, because passengers may be unable to find and use the emergency door releases after a crash cuts power. Bloomberg has identified at least...
A prominent venture billionaire declared AI has nothing to do with the biggest companies' earnings growth, and then eight minutes later cheered a milestone from an AI startup. Nvidia reports in days, and the numbers will settle the argument.
(Updated with response from Snap spokesperson in fifth paragraph.) Meta Platforms (META), Alphabe
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.
Ross Stores Inc (NASDAQ:ROST) shares are set to open more than 8% higher Friday after the discount retailer reported stronger-than-expected second quarter fiscal 2026 results, supported by higher customer traffic, and raised its full-year earnings outlook. For the quarter ended August 1, Ross...
Ubiquiti Inc. (NYSE:UI) shares gained 3.
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