(Bloomberg) -- Reformation Inc., a sustainable womenswear brand backed by private equity firm Permira, opened at its IPO price in its trading debut Thursday, after the company raised $210.9 million in a listing that priced at the bottom of its marketed range.Most Read from BloombergUS Strikes Iran Again as Conflict Spreads Across Middle EastWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionBond Yields at 19-Year High Send Warsh Credibility WarningMeta Falls After Defending AI Bets t
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K2 Space said on Thursday it raised $500 million in a new funding round that valued the company at $6.8 billion, more than twice the valuation at its December round, as the company prepares to increase production of large, high-power satellites. Kleiner Perkins and ICONIQ led the round, and were new investors in the satellite maker along with Alphabet's venture fund CapitalG. • The funding brings K2's total capital raised to more than $1 billion, the company said.
FTAI Aviation (NASDAQ:FTAI) reported second-quarter adjusted EBITDA of $291.4 million as its Aerospace Products business expanded production and market share, while the company continued shifting its aviation leasing operations toward a more asset-light strategic-capital model. Chief Executive Offi
Jersey Mike's has gone public. Shares of the sub giant are due to start trading today on the New York Stock Exchange after about 43.5 million shares priced at $23 each yesterday. The company raised about $1 billion in its IPO.
MO's second-quarter earnings miss estimates as cigarette shipments fall, though higher pricing lifted smokeable products revenues and supported profit growth.
Huntington Ingalls beats Q2 earnings and revenue estimates as higher ship volumes fuel growth, while new awards lift backlog to $57.3 billion.
Scott Melker discusses the Federal Reserve's latest decision to hold interest rates steady, Meta (META) and Microsoft's (MSFT) increasing AI expenses, but only one stock is getting punished. Meanwhile, bitcoin (BTC-USD) continues to hover around $64,000, Melker explains why the cryptocurrency's resilience is a bullish sign despite the broader market uncertainty. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.
L3Harris just posted a great quarterly report, but the market is reacting negatively to IPO-related news.
Boston Scientific (BSX) reported Q2 revenue and EPS that beat expectations but lowered its full-year
Coinbase stock attempts rebound ahead of Q2 report late Thursday. Bitcoin climbs on Fed news. Miners spike on Big Tech's AI spending.
HXL's Q2 adjusted EPS rises 32% and beats estimates, while sales climb 8% as aerospace demand and stronger margins lift results.
Lam Research tops Q4 FY26 estimates as NAND revenues more than double sequentially and support sales hit a third straight record.
CRH's Q2 earnings and revenues beat estimates as pricing, acquisitions and infrastructure demand fuel growth, while subdued residential activity weighed on some segments.
MGM posts record Q2 revenues, but earnings fall as China and regional margin pressure offset Las Vegas and digital growth.
Chipotle Mexican Grill Inc (NYSE:CMG) shares added almost 13% after the company reported second-quarter 2026 results that exceeded Wall Street expectations and provided an upbeat outlook for the full year. The restaurant chain reported adjusted earnings of $0.33 per share, slightly ahead of...
(Bloomberg) -- It had been just six weeks since Federal Reserve Chairman Kevin Warsh vowed to reestablish the central bank’s reputation as an inflation fighter. But as he took to the podium to explain why the Fed again sat on the fence Wednesday — and held interest rates steady even as consumer prices keep rising far faster than its target, month after month — Wall Street analysts found the message far from reassuring.Most Read from BloombergUS Strikes Iran Again as Conflict Spreads Across Middl
Wildfires tearing through a historic region for the sectors have prompted Airbus, Thales and MBDA to shut factories and Dassault to shift sensitive equipment.
Silicon Motion delivered an upbeat second-quarter earnings report, which drove SIMO stock higher on Thursday. It was a positive day overall for chip stocks.
Lithia Motors tops Q2 estimates as stronger used-vehicle margins, aftersales growth and record financing income offset mixed sales trends.
The less-optimistic outlook reflects softer booking patterns, related in part to the conflict in the Middle East but also to efforts to overhaul the company’s marketing and revenue management. Norwegian said those factors will contribute to a nearly 5% decline in its net yield, suggesting that a more cost-conscious approach isn’t making up for the fact that ships aren’t filling with enough passengers.
Nike (NKE) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
TTEK beats Q3 earnings and revenue estimates as backlog grew on new project wins, with strength in water infrastructure, defense and digital automation.
Meta's AI spending is under intense scrutiny after a softer outlook. MoffettNathanson analyst Michael Nathanson explains why investors no longer want promises they want proof. Michael Nathanson joins Bloomberg Open Interest to break down Meta's unclear AI infrastructure strategy, the risk of massive capex, and why the company's metaverse history is making Wall Street far less patient this time. Correction: This video has been edited to update a graphic with correct analyst disclosures.
The Dow is up on the day despite 21 of its components trading lower. The nine components in the green were doing the heavy lifting, driving the blue chip index's 0.3%, or 151 point, rise. One of the Dow's heaviest-weighted components saw gains that helped offset the majority of underlying stocks falling.
AIZ's Q2 results are expected to benefit from growth in Global Housing and Global Lifestyle, supported by higher premiums and investment income.
Starbucks Corp (NASDAQ:SBUX, XETRA:SRB) beat Wall Street estimates for fiscal third-quarter revenue and profit as its turnaround plan drove stronger-than-expected US sales growth. Adjusted earnings per share came in at $0.85, above the $0.66 analyst estimate and up 70% year-over-year. Revenue...
Antero Resources posts record Q2 production, revenue growth and higher cash flow, while raising its 2026 output guidance after strategic acquisitions.