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Organon & Co. Shareholders Clear Sun Pharma Merger Deal
MarketBeat29d agoneutral
Organon & Co. Shareholders Clear Sun Pharma Merger Deal

Shareholders of Organon & Co. (NYSE:OGN) approved the company’s proposed merger agreement with Sun Pharmaceutical Holdings USA, Inc. at a virtual special meeting held Wednesday, according to preliminary voting results announced during the meeting. The special meeting was convened solely to cons

Mobileye Global Q2 Earnings Call Highlights
MarketBeat29d agoneutral
Mobileye Global Q2 Earnings Call Highlights

Mobileye Global (NASDAQ:MBLY) reported a largely stable second quarter for revenue while profitability improved sharply, as executives pointed to stronger-than-market EyeQ chip volumes, a new Israeli research and development incentive and an expanded push into robotaxis as key themes for the company

Nasdaq Q2 Earnings Call Highlights
MarketBeat29d agoneutral
Nasdaq Q2 Earnings Call Highlights

Nasdaq (NASDAQ:NDAQ) reported strong second-quarter 2026 results, with executives highlighting broad-based revenue growth across its divisions, record activity in its index and listings businesses, and continued demand for financial technology products tied to market modernization, artificial intell

Nokia reports stronger second-quarter earnings as AI infrastructure demand accelerates (NYSE:NOK)
InvestorsHub29d agoneutral
Nokia reports stronger second-quarter earnings as AI infrastructure demand accelerates (NYSE:NOK)

Nokia (NYSE:NOK) reported stronger second-quarter results on Thursday, as surging demand for artificial intelligence infrastructure and cloud networking helped lift sales and profitability despite restructuring costs. The Finnish telecommunications equipment maker delivered solid growth across its Network Infrastructure business, while AI-related orders reached a record level during the quarter.

Wall Street predicts 170% upside for MicroStrategy
TheStreet29d agoneutral
Wall Street predicts 170% upside for MicroStrategy

Michael Saylor-led Strategy (Nasdaq: MSTR), formerly MicroStrategy, has now turned back on its long history of weekly Bitcoin (BTC) accumulations. The company has sold Bitcoin twice this year for the first time after 2022: 32 Bitcoin for around $2.5 million during May 26-313,588 BTC for $216 ...

Google Details Size of SpaceX Stake
The Wall Street Journal29d agoneutral
Google Details Size of SpaceX Stake

$94.1 billion That’s how much in SpaceX shares Google parent Alphabet owns. Based on SpaceX's current market cap of $1.53 trillion, that's a roughly 6% stake. The tech conglomerate's marketable equity securities include $80 billion in SpaceX shares subject to short-term restrictions on the ability to sell and $14.

RTX raises 2026 guidance after double-digit sales growth drives Q2 results
Proactive29d agoneutral
RTX raises 2026 guidance after double-digit sales growth drives Q2 results

RTX Corp (NYSE:RTX, XETRA:5UR) shares rose about 8% in early trading Thursday after the aerospace and defense company reported better-than-expected second quarter results and raised its full-year 2026 outlook. The company reported adjusted earnings per share of $1.89 on revenue of $24.7...

Investing.com29d agoneutral
Alphabet, Reddit added to Wedbush’s Best Ideas List

Investing.com -- Wedbush analyst Ygal Arounian added both Alphabet and Reddit to the firm's Best Ideas List on Thursday, citing cloud share gains and advertising momentum as the respective investment theses for each name.

10-Year Yield Trades at Highest Level for the Year
Barrons.com29d agoneutral
10-Year Yield Trades at Highest Level for the Year

Treasuries are getting hit hard thanks to data showing economic resilience and higher oil prices. Meanwhile, jobless claims unexpectedly plunged. Higher oil prices push up yields as investors demand more coupon for a potentially higher inflation print in the future.

Earnings: Negative cash flows make Big Tech more 'economically sensitive'
Yahoo Finance Video29d agoneutralVIDEO
Earnings: Negative cash flows make Big Tech more 'economically sensitive'

US stocks (^DJI, ^IXIC, ^GSPC) are selling off on Thursday as shares of Alphabet (GOOG, GOOGL) and Tesla (TSLA) sink lower after reporting negative cash flow on top of massive AI investments. Northwestern Mutual Wealth Management Company CIO Brent Schutte and Yahoo Finance Senior Reporter Brooke DiPalma comment on these post-earnings moves by both companies' stock.

Honeywell International Q2 Earnings Call Highlights
MarketBeat29d agoneutral
Honeywell International Q2 Earnings Call Highlights

Honeywell International (NASDAQ:HON) reported stronger-than-expected second-quarter 2026 results for its newly defined Honeywell Technologies business and raised its full-year outlook, citing broad order strength, margin expansion and momentum across its automation-focused portfolio. Chairman and C

Comcast Q2 Earnings Call Highlights
MarketBeat29d agoneutral
Comcast Q2 Earnings Call Highlights

Comcast (NASDAQ:CMCSA) executives said the company’s second-quarter results reflected progress in wireless, streaming and studios, while broadband and theme parks remained under pressure amid competitive and macroeconomic challenges. On the company’s earnings call, Chairman and Co-CEO Brian Roberts

American Airlines Group Q2 Earnings Call Highlights
MarketBeat29d agoneutral
American Airlines Group Q2 Earnings Call Highlights

American Airlines Group (NASDAQ:AAL) reported record quarterly revenue in the second quarter of 2026, as executives said gains from commercial initiatives helped offset a sharp year-over-year increase in fuel costs. Chief Executive Officer Robert Isom said the airline delivered revenue growth of mo