Oracle Jumps on Beat, Raises FY2027 Outlook
Shares Pop After Results and Higher Long-Term Target Oracle rallied in extended trading Tuesday after the company posted a quarterly beat and lifted its fiscal 2027 revenue outlook. The software and cloud
Berkshire slides after profit drop and cautious cash stance
Shares post biggest fall since Buffett named Abel successor Berkshire Hathaway shares fell sharply on Monday after the conglomerate reported results that missed some analysts’ expectations and signaled a cautious approach to
Target shares jump on profit beat and 2% sales outlook
Earnings top forecasts as revenue and traffic keep slipping Target reported another quarter of declining revenue and weaker customer traffic on Tuesday, but shares rose sharply after the retailer posted better-than-expected earnings
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,
Oracle Hits Record High on $30B Cloud Deal News
Massive agreement signals strong AI and cloud momentum Oracle shares surged 4% to a new all-time high after a regulatory filing revealed a blockbuster cloud deal that could bring in more than
Nvidia Becomes World’s Most Valuable Company
Stock Hits Record High Despite China Sales Collapse Nvidia shares soared over 4% on Wednesday, closing at a record $154.31 and officially becoming the most valuable publicly traded company in the world.