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PBF Energy slashes net debt by over $1.4 billion and expects elevated refining margins to persist into 2027, while navigating geopolitical risks and operational challenges.
Xcel Energy (NASDAQ:XEL) reported second-quarter 2026 earnings of $0.93 per share, up from $0.75 per share a year earlier, as higher electric revenues, allowance for funds used during construction (AFUDC), and lower depreciation and amortization more than offset increased financing costs. The utili
Adjusted EPS of $7.78 beats expectations, leading to a full-year outlook increase to at least $30.45, as Specialty and Care Services surge 22%.
Stagwell Inc (STGW) reports 10% organic revenue growth and record net new business of $171 million, driven by AI adoption and digital transformation.
Allegro Microsystems Inc (ALGM) reports Q1 FY2027 sales of $259 million, exceeding guidance, with data center revenue surging to a record 17% of total sales.
Altria Group Inc (MO) delivered a 4.9% adjusted EPS increase and expanded On+ to 120,000 stores, while navigating consumer trade-downs and intensified nicotine pouch competition.
Solstice Advanced Materials Inc (SOLS) reports 11% net sales growth and raises full-year 2026 guidance, driven by nuclear energy, electronic materials, and refrigerants.
AMC Global Media Inc (AMCX) raises full-year outlook after securing a $500 million Walking Dead licensing deal with Netflix, offsetting a 9% revenue drop in Q2 2026.
Despite a slight dip in quarterly earnings, AEP boosts full-year outlook and secures massive contracted load additions.
Moby summary of The Southern Company's Q2 2026 earnings call
Moby summary of Steven Madden, Ltd.'s Q2 2026 earnings call
The world’s largest corporate holder of Bitcoin says it is navigating a period of “muted Bitcoin sentiment and market skepticism.”
Moby summary of Colliers International Group Inc.'s Q2 2026 earnings call
Coinbase missed Q2 revenue estimates and posted a $359.5M net loss, sending COIN shares lower despite record crypto market share and USDC growth.
Moby summary of AGCO Corporation's Q2 2026 earnings call
Investing.com -- Reddit Inc (NYSE:RDDT) reported second-quarter financial results that comfortably surpassed Wall Street expectations across top and bottom lines, though the social media platform saw its stock pull back in after-hours trading following a rapid run-up into the print. Shares dropped 7.7% late Thursday despite the company logging its eighth consecutive quarter of revenue growth above 60% and issuing robust guidance for the upcoming period. For the three months ended June 30, total
Apple posted a solid fiscal third quarter on Thursday, climbing past Wall Street's expectations thanks to strong sales of the iPhone and MacBook computers. Apple raised the prices of its Macs and iPads last month, citing a memory-chip shortage brought on by the artificial intelligence boom. The company had called the demand spike an “unprecedented challenge” for the consumer electronics industry.
The cryptocurrency exchange said revenue fell 19% in the second quarter to $1.22 billion, missing analyst estimates. Shares fell in after-hours trading.
.com -- Rivian Automotive reported second quarter revenue of $1.66 billion on Wednesday, beating analyst estimates of $1.5 billion and marking a 27% increase from the same period last year.
The bitcoin treasury company reported a loss of $8.22 billion, or $24.45 a share, from a profit of $10.02 billion the year prior.
Moby summary of American Electric Power Company, Inc.'s Q2 2026 earnings call
Moby summary of A. O. Smith Corporation's Q2 2026 earnings call
The largest crypto exchange in the U.S. on Thursday posted a loss of $359 million, or $1.36 a share, compared with a profit of $1.4 billion, or $5.14 a share, a year earlier. The loss included a $209.5 million unrealized loss on the value of crypto assets held for investment. As part of its broader push to build an “everything exchange,” Coinbase has expanded into new financial products such as stock trading and prediction markets, which allow users to bet on yes-or-no questions about outcomes ranging from sports games to elections.
AWS revenue hit $42.2 billion as total company revenue crossed $200 billion for the first time in a single quarter
Investing.com --Amazon beat Wall Street estimates for second-quarter revenue on Thursday as accelerating growth in its cloud computing business helped offset continued heavy spending on artificial intelligence, sending its shares rallying nearly 10% in after-market hours. but its third-quarter sales forecast came in below analysts’ expectations.
SoFi delivered a strong Q2 earnings beat, but its unchanged profit outlook sent the stock tumbling. So, what should be your stance now?
Bank of America said on Thursday it plans to acquire information security firm MDSec Consulting Ltd, as it bolsters its capabilities against cyber attacks. The deal is expected to be completed during the fourth quarter of 2026 following regulatory approval, the second-biggest U.S. lender said in a statement. Companies worldwide are grappling with a surge in AI-driven cyberattacks and ransomware that steal sensitive data and disrupt operations.
Amazon's AI cloud business soared in the second quarter, driving far higher revenue than expected, though the company's free cash flow also turned negative as it invests heavily in the business.
The social-media platform’s earnings outpaced Street estimates, but that wasn’t enough for investors.
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