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Historic Tesla and SpaceX Merger Looks More Likely. Is This Sell-Off Your Best Buying Opportunity Yet?
24/7 Wall St.29d agoneutral
Historic Tesla and SpaceX Merger Looks More Likely. Is This Sell-Off Your Best Buying Opportunity Yet?

The market has spent the past two years rewarding companies tied to artificial intelligence, robotics, and next-generation infrastructure. Investors are increasingly looking beyond a company’s original business and looking more closely at which ecosystem is building it. That shift is key because some of today’s biggest winners no longer fit neatly into a single industry. ... Historic Tesla and SpaceX Merger Looks More Likely. Is This Sell-Off Your Best Buying Opportunity Yet?

Union Pacific picks up Canadian National's support for its plan to acquire Norfolk Southern railroad
Associated Press29d agoneutral
Union Pacific picks up Canadian National's support for its plan to acquire Norfolk Southern railroad

Union Pacific struck a deal with Canadian National to secure that rival's support for its proposed $85 billion acquisition of Norfolk Southern railroad. The deal to create the nation's first transcontinental railroad has been divisive within the industry because it would concentrate so much market power in the hands of one company that would control more than 40% of all rail traffic and reduce the number of major freight railroads in the United States down to five. BNSF, CPKC and CSX railroads all strongly oppose the merger, but now Canadian National said it will support it after winning concessions from Union Pacific.

Southwest Airlines shares fall as weak Q3 outlook overshadows earnings beat
Proactive29d agoneutral
Southwest Airlines shares fall as weak Q3 outlook overshadows earnings beat

Southwest Airlines Co (NYSE:LUV) shares fell about 5% in early trading Thursday after the airline reported stronger-than-expected second-quarter results but issued a third-quarter earnings outlook that fell below Wall Street expectations. The company reported adjusted earnings per share of...

American Airlines shares fall despite second-quarter earnings beat on weaker outlook (NASDAQ:AAL)
InvestorsHub29d agoneutral
American Airlines shares fall despite second-quarter earnings beat on weaker outlook (NASDAQ:AAL)

American Airlines Group (NASDAQ:AAL) reported better-than-expected second-quarter earnings on Thursday, but its shares fell more than 5% in premarket trading after the carrier issued a weaker-than-anticipated profit outlook for the third quarter and the full year. While record revenue reflected continued demand for travel, higher fuel costs weighed on the company’s earnings forecast.

Infosys Q1 Earnings Call Highlights
MarketBeat29d agoneutral
Infosys Q1 Earnings Call Highlights

Infosys (NYSE:INFY) announced a planned CEO transition alongside first-quarter results that showed modest constant-currency revenue growth, strong large-deal bookings and accelerating artificial intelligence-related revenue, while management lowered the top end of its full-year revenue growth outloo

RTX Q2 Earnings Call Highlights
MarketBeat29d agoneutral
RTX Q2 Earnings Call Highlights

RTX (NYSE:RTX) raised its full-year outlook after reporting stronger second-quarter 2026 sales, profit and cash flow, citing broad demand across its commercial aerospace and defense businesses and continued progress on operational execution. Chairman and Chief Executive Officer Chris Calio said the

T-Mobile US Q2 Earnings Call Highlights
MarketBeat29d agoneutral
T-Mobile US Q2 Earnings Call Highlights

T-Mobile US (NASDAQ:TMUS) executives said the company delivered another strong quarter in the second quarter of 2026, citing postpaid account growth, higher service revenue, broadband momentum and improving customer satisfaction as key drivers of the business. President and CEO Srini Gopalan descri

Justice Department to Speed Up Merger Reviews by Asking Less of Companies
The Wall Street Journal29d agoneutral
Justice Department to Speed Up Merger Reviews by Asking Less of Companies

WASHINGTON—Merging companies will get a shortcut to ending antitrust investigations under a Justice Department change meant to make the government review process less burdensome for businesses. The department’s antitrust division plans to announce on Thursday a new model for streamlining merger reviews that would quickly focus on the most apparent ways a deal might diminish competition, according to department officials. Antitrust enforcers won’t use the targeted approach in every case, but the process will allow some deals to clear federal scrutiny earlier, the officials said.

Indian payments firms oppose one-click UPI checkout proposal, citing competition risks
Reuters29d agoneutral
Indian payments firms oppose one-click UPI checkout proposal, citing competition risks

Several Indian digital payments firms have opposed a proposal that would allow merchants to store customers' ‌preferred Unified Payments Interface option for one-click checkouts, arguing it could ‌entrench the dominance of the bigger payment apps. In a July 23 letter reviewed by Reuters, the ​companies told the National Payments Corporation of India (NPCI), which oversees the UPI network, that the proposal could "adversely impact" competition. NPCI and the companies did not immediately reply to Reuters' requests for comments.

RTX raises full-year outlook after strong second-quarter earnings (NYSE:RTX)
InvestorsHub29d agoneutral
RTX raises full-year outlook after strong second-quarter earnings (NYSE:RTX)

RTX (NYSE:RTX) shares surged nearly 6% in premarket trading on Thursday after the aerospace and defence company reported second-quarter earnings and revenue ahead of Wall Street expectations while increasing its financial guidance for the full year. The stronger outlook reflected robust demand across both its commercial aerospace and defence businesses, supported by a record order backlog.