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Crocs price target boosted by Bank of America ahead of Q2 earnings
Proactive29d agoneutral
Crocs price target boosted by Bank of America ahead of Q2 earnings

Crocs, Inc. (NASDAQ:CROX) has received a higher price target from Bank of America ahead of its second-quarter earnings report, with the firm reiterating its ‘Buy’ rating and raising its target to $160 from $145 on expectations that sustained direct-to-consumer (DTC) growth in North America could...

Oil executives rush to complete contract migration in Venezuela, sources say
Reuters29d agoneutral
Oil executives rush to complete contract migration in Venezuela, sources say

CARACAS, July 23 (Reuters) - Venezuela's oil ministry has told partners of state energy company PDVSA that it will maintain the July 28 deadline it had set to ‌migrate oil and gas contracts to a new legal framework approved in January, rushing executives to ‌complete the negotiation of terms, four sources close to the talks said. Venezuela's National Assembly in late January approved a sweeping reform of the ​hydrocarbons law, the backbone of the country's energy industry, offering autonomy for

Cleveland-Cliffs Q2 Earnings Call Highlights
MarketBeat29d agoneutral
Cleveland-Cliffs Q2 Earnings Call Highlights

Cleveland-Cliffs (NYSE:CLF) said it returned to positive free cash flow in the second quarter of 2026 and expects a substantially stronger second half of the year, driven by higher steel prices, improved automotive demand, lower costs and higher shipment volumes. Chairman and CEO Lourenco Goncalves

Norfolk Southern’s earnings rise with volume gains
FreightWaves29d agoneutral
Norfolk Southern’s earnings rise with volume gains

Norfolk Southern posted Q2 earnings that saw operating income rise 5% on revenue that was 11% higher. The post Norfolk Southern’s earnings rise with volume gains appeared first on FreightWaves.

Fortinet heads into earnings with product growth in the spotlight
Proactive29d agoneutral
Fortinet heads into earnings with product growth in the spotlight

Fortinet Inc (NASDAQ:FTNT) is set to report its second quarter results on July 29, with Jefferies analysts highlighting that the company needs to show an acceleration in product revenue growth to support investor confidence in the durability of its recent performance. The firm expects solid...

Eric Trump-backed Foundation partners with AMD to develop humanoid robots
Reuters29d agoneutral
Eric Trump-backed Foundation partners with AMD to develop humanoid robots

Eric Trump-backed Foundation Future Industries said on Thursday it is partnering with AMD ‌to use its chips to co-develop autonomous humanoid robots ‌for military and industrial use. The son of U.S. President Donald Trump has ​been an investor in the start-up since early this year and serves as chief strategy advisor, the company said. The Trump family's investments in several companies have drawn scrutiny, particularly its stakes in ‌defense firms that regularly ⁠compete for government contracts, raising concerns about potential conflicts of interest.

Ford to partner with Chinese automaker Geely in Spain in new joint venture
Associated Press29d agoneutral
Ford to partner with Chinese automaker Geely in Spain in new joint venture

Ford and Chinese automotive company Geely Auto announced plans on Thursday to jointly manufacture low- and zero-emission vehicles at Ford's Valencia, Spain factory. The partnership is a bid to reignite Ford’s offerings for the European auto market as the legacy carmaker seeks to compete with the likes of fast-moving Chinese companies that are rapidly dominating auto sales across the globe. It comes amid challenges for the American electric vehicle market and increasing global geopolitical tensions driven by U.S. tariff policy.

Tesla Reports $1 Billion Gain On Its SpaceX Equity Stake
Investor's Business Daily29d agoneutral
Tesla Reports $1 Billion Gain On Its SpaceX Equity Stake

Tesla recorded a $1 billion net gain on its investment in Space Exploration Technologies, commonly known as SpaceX, following its IPO last month, according to SEC filings. Elon Musk's electric vehicle company had a stake in SpaceX through a $2 billion investment his AI lab xAI made in January. When xAI and SpaceX merged in February, Tesla's share in the AI startup converted into equity in SpaceX.

Blackstone Q2 Earnings Call Highlights
MarketBeat29d agoneutral
Blackstone Q2 Earnings Call Highlights

Blackstone (NYSE:BX) reported sharply higher second-quarter 2026 earnings as executives said the firm’s early and aggressive positioning around artificial intelligence infrastructure is driving investment performance, fundraising and new business formation across the platform. Weston Tucker, Blacks

Goldman Sachs breaks with JPMorgan over 'Clarity'
TheStreet29d agoneutral
Goldman Sachs breaks with JPMorgan over 'Clarity'

Things have taken an unexpected turn after Wall Street is split over the most consequential crypto bill Congress has ever considered, and Goldman Sachs, one of the world's largest banks with $3 trillion in assets under management (AUM) just picked a side. Goldman Sachs Chairman and CEO ...

Qualcomm deepens ties with major Apple rival
TheStreet29d agoneutral
Qualcomm deepens ties with major Apple rival

Qualcomm and Samsung expanded their chip partnership this week, putting Snapdragon silicon inside nearly every new device in the Galaxy lineup. For over a decade, Samsung ran a split system, selling some flagship phones with its own Exynos processor and others with a Snapdragon chip depending on ...

3 Tesla shareholders speak out after mixed Q2 earnings
TheStreet29d agoneutral
3 Tesla shareholders speak out after mixed Q2 earnings

It's hard to get a handle on Tesla's current position in the market after two asymmetrical quarters. Tesla reported second-quarter revenue of $28.2 billion, a record that topped analyst estimates of $27.6 billion. However, the 33 cents per share the company reported missed estimates from analysts ...