Rivian Stock Surges on Strong 2026 Outlook
Shares jump over 20% after upbeat guidance Rivian shares surged more than 20% in early trading after the electric vehicle maker issued 2026 delivery guidance that met Wall Street expectations and confirmed
Anthropic Raises $30B at $380B Valuation
Second-largest private tech round ever Anthropic closed a $30 billion funding round at a $380 billion post-money valuation, more than doubling its value since September. The raise makes it the second-largest private
McDonald’s Beats as Value Push Pays Off
Quarterly results top expectations McDonald’s reported fourth-quarter earnings and revenue above Wall Street expectations, driven by strong customer response to its renewed focus on value and promotions. The company posted adjusted earnings
Alphabet’s Momentum Grows with AI and Index Inclusion
Strong Earnings and Share Buybacks Drive Confidence Alphabet posted an impressive second-quarter performance, reporting a 14% year-over-year increase in sales and a sharp rise in net income. The company’s stock climbed 19%
IBM Shares Slide Despite Earnings and Revenue Beat
Strong Quarterly Results Overshadowed by Market Caution IBM delivered second-quarter results that exceeded Wall Street expectations, yet shares dropped as much as 6% in after-hours trading. The dip reflects lingering concerns around
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