Intel Rallies On Reported Apple Chip Deal
A Potential Boost For Intel Foundry Intel shares surged after a report said the company has reached a preliminary deal to manufacture some chips for Apple devices. The agreement, if finalized, would
McDonald’s Beats As Value Demand Rises
Results Top Wall Street Forecasts McDonald’s reported stronger than expected first quarter earnings as consumers continued to seek value in a more difficult economic environment. The fast food giant posted adjusted earnings
Alphabet Rises On Cloud And AI Strength
Results Beat Wall Street Expectations Alphabet shares rose more than 3% after the Google parent reported first quarter results that beat analyst expectations on both revenue and earnings. The performance was supported
Kohl’s Surges as Meme Stock Mania Returns
Stock more than doubles amid retail trading frenzy Shares of U.S. department store chain Kohl’s skyrocketed on Tuesday, briefly more than doubling in value before settling up 30% at $13.32. The surge
Shopify Stands Out in Canada’s Lagging Tech Sector
Strong AI strategy drives investor confidence Shopify is outperforming Canadian tech peers in 2025, thanks to its aggressive push into artificial intelligence and expanding merchant solutions. While Canada’s broader tech sector has
Verizon Lifts Profit Forecast After Tax Boost, Revenue Beat
Stronger Premium Plan Demand and Tax Reform Drive Outlook Verizon has raised the lower end of its annual profit forecast, citing stronger-than-expected demand for premium wireless plans and a significant financial lift
U.S. Rare-Earth Magnet Imports from China Surge 660%
Beijing’s Export Curbs Ease Following Trade Framework China’s exports of rare-earth magnets to the U.S. soared in June, climbing 660% month-over-month to reach 353 metric tons, according to customs data. The jump
Amex Beats Earnings but Faces Travel Spending Hurdles
Spending Grows Despite Airfare Weakness American Express reported solid second-quarter results, with total card spending rising 7%, in line with the first quarter and ahead of last year’s 6% growth. The credit
Charles Schwab Hits Record High on Earnings Beat
Strong Q2 Results Driven by Trading and Interest Income Shares of Charles Schwab (SCHW) surged to an all-time high after the investment firm reported better-than-expected second-quarter results, driven by a sharp increase
U.S. Banks See Investment Banking Revival Ahead
Q2 Results Beat Forecasts Amid Dealmaking Comeback Major U.S. banks posted stronger-than-expected earnings in the second quarter, fueled by a resurgence in investment banking activity and increased market volatility from tariff announcements.
BlackRock Shares Tumble Despite Strong Q2 Results
Private Markets Push Raises Expectations and Volatility BlackRock shares slid as much as 7% on Tuesday, marking their worst earnings-day drop in over a decade. The decline came despite second-quarter results that
Samsung Profit Drops 56% Amid AI Chip Setbacks
Delays in HBM supply to Nvidia and China restrictions weigh heavily Samsung Electronics forecast a 56% plunge in second-quarter operating profit, missing analyst expectations and raising new concerns about the firm’s semiconductor
Tripadvisor Surges 17% After Starboard Takes 9% Stake
Activist investor’s move sparks renewed optimism for turnaround Shares of Tripadvisor jumped 17% on Thursday after activist hedge fund Starboard Value disclosed a more than 9% stake in the online travel platform,