Comcast (CMCSA) delivered earnings and revenue surprises of +7.22% and +2.62%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
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The company now expects constant-currency revenue growth of 4% to 5% for 2026, down from a prior forecast of over 5%
(Bloomberg) -- Infosys Ltd. cut the upper end of its sales growth outlook as global clients slow down technology spending at a time of elevated interest rates and geopolitical conflicts.Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandTrump’s 100% Generic Drug Duty Threatens US Low-Cost SupplyAlphabet’s $205 Billion Spending Target Fuels
Investing.com -- Lockheed Martin Corporation (NYSE: LMT) reported second-quarter results that exceeded analyst expectations and raised its full-year outlook, sending shares up 7.3% premarket on Thursday.
BENGALURU, July 23 (Reuters) - Infosys reported lower-than-expected quarterly revenue on Thursday as India's second-largest IT firm's clients held back spending as artificial intelligence tools
RTX (RTX) delivered earnings and revenue surprises of +13.86% and +8.21%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
The carrier's holiday surcharges, which apply across various shipping services, will be higher than they were last year.
IBM has agreed to buy HRL Laboratories, a private quantum computing research lab jointly owned by Boeing Co and General Motors, the company said on Thursday, adding a second pillar to IBM's quantum computing efforts. IBM has been racing against Alphabet's Google, Microsoft and others to create practical quantum machines that can crack problems that would take conventional computers thousands of years to solve. In May, U.S. President Donald Trump's administration said it would award $1 billion to IBM to set up a new company called Anderon in New Albany, New York, to serve as a chip factory for U.S. quantum computing firms.
Stronger inflows into the investment firm’s private-equity business offset a slowdown in private credit, where individual investors have pulled back.
Stronger inflows into the investment firm’s private-equity business offset a slowdown in private credit, where individual investors have pulled back.
Tesla (TSLA) shares fell early Thursday after the electric vehicle manufacturer reported an unexpect
STMicroelectronics beat analyst estimates for the second quarter but disappointed with its Q3 sales guidance.
(Bloomberg) -- Blackstone Inc. reported a 26% jump in distributable earnings for the second quarter, buoyed by profits from exits and its artificial intelligence-related investments. Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandTrump’s 100% Generic Drug Duty Threatens US Low-Cost SupplyAlphabet’s $205 Billion Spending Target Fuels AI
West Pharmaceutical Services (WST) reported Q2 adjusted earnings Thursday of $2.37 per diluted share
Investing.com -- Honeywell Technologies (NASDAQ: HON) reported second-quarter results that exceeded analyst expectations and raised its full-year guidance, marking its first earnings report as a standalone automation company following the spin-off of its aerospace business.
Mobileye Global said on Thursday that founder Amnon Shashua plans to step down as chief executive officer once a successor is appointed, as the autonomous driving technology maker launched a search for its next leader. The board will hire an executive search firm to select a new CEO, Mobileye said. Mobileye also reported second-quarter revenue of $508 million, beating LSEG estimates of $481.24 million, helped by what CEO Amnon Shashua described as "strong momentum" in the company's core business as it prepares for a number of advanced product launches in late 2026 and throughout 2027.
Eli Lilly is preparing application materials for its next-generation weight-loss drug, retatrutide, following data from two Phase 3 trials showing the treatment delivered substantial results.
Eli Lilly is preparing application materials for its next-generation weight-loss drug, retatrutide, following data from two Phase 3 trials showing the treatment delivered substantial results.
Investing.com -- Shares in RTX Corp jumped in premarket trading Thursday after the aerospace and defense giant reported second-quarter earnings well ahead of Wall Street estimates and raised its full-year guidance across the board.
SAN FRANCISCO, July 23 (Reuters) - Advanced Micro Devices is set to launch a raft of AI hardware that will rival Nvidia on Thursday at an event at a downtown convention center in San Francisco. AMD is attempting to capture market share from Nvidia in the fast-growing data center chip sector, especially for so-called inference computing, which is the data crunching that occurs when a user queries a chatbot such as OpenAI's ChatGPT.
T-Mobile US’s profit and revenue grew in the latest quarter boosted by growth in its postpaid business.
The deal is the latest move by a Western automaker to open its factory gates to Chinese competitors as they look to fill capacity and secure the future of their production sites.
Lockheed Martin delivered the beat-and-raise quarter the stock and the sector badly needed. The defense contractor reported second-quarter earnings per share of $7.94 from sales of $20.1 billion on Thursday morning. Wall Street was looking for earnings per share of $7.19 from sales of $19.3 billion.
European semiconductor stocks moved sharply on Thursday after earnings updates, with Soitec surging on strong photonics demand linked to artificial intelligence applications, while STMicroelectronics and BE Semiconductor Industries (Besi) fell as investors reacted to weaker near-term performance and elevated growth expectations. Soitec shares jumped around 23% after the French semiconductor materials supplier beat sales expectations by a wide margin and pointed to accelerating demand for photonics wafers used in artificial intelligence applications.
Molina Healthcare (NYSE:MOH) shares dropped more than 9% in premarket trading on Thursday after the health insurer issued a full-year revenue outlook that disappointed investors, despite reporting second-quarter earnings ahead of market expectations. While profitability exceeded forecasts, concerns over slowing revenue growth and ongoing Medicaid headwinds weighed heavily on market sentiment.
T-Mobile raised its forecast for annual adjusted free cash flow on Thursday and beat quarterly profit estimates, fueled by customer migration to pricier premium plans. The telecom provider has been retiring some legacy wireless plans and moving affected customers to newer offerings, with unlimited premium data and device-upgrade options. "We are seeing new customers really kind of adopt our most premium plans at a rate of about 60% of total sales," Chief Operating Officer Jon Freier told Reuters.
Nestlé had to hike prices on its popular Starbucks-branded coffee pods in the U.S. this year because beans got so much more expensive. That curbed sales, at least temporarily, and contributed to lower-than-expected growth when Nestlé reported second quarter results on Thursday.
Comcast reported a lower profit in the second quarter, but narrowed subscriber losses in its domestic residential broadband business for the second quarter in a row.