KB Financial Group (NYSE:KB) reported higher first-half profit and announced a new shareholder return plan, as management pointed to stronger fee income, growth in non-bank earnings and a stable capital position despite what it described as a volatile operating environment. During the company’s fir
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Canadian National will support the UP-NS merger in exchange for improved access to markets in the U.S. Midwest and Mexico. The post CN and UP reach settlement on Norfolk Southern merger appeared first on FreightWaves.
(Bloomberg) -- One of the world’s most enticing arbitrage opportunities will remain off limits.Most Read from BloombergHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueRetina Chip Designed to Restore Sight to Go on Sale in EuropeApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandTrump’s 100% Generic Drug Duty Threatens US Low-Cost SupplyApple to Launch ‘Upgrade’ Device Leasing Program With Klarna to Spur SalesSK Hynix Inc. has capped the amount of its South Korea-listed
Intel Corp (NASDAQ:INTC) reports second-quarter financial results Thursday after the closing bell, with investors expected to look for updates on whether the company has started easing the supply constraints that executives said limited revenue in the first quarter. Supply Limited Revenue in Q1 During the first-quarter earnings call in April, CEO Lip-Bu Tan said demand continued to outpace supply across Intel’s businesses, particularly for Xeon server CPUs, even as the company expanded factory o
(Bloomberg) -- STMicroelectronics NV plunged the most in a year after the chipmaker forecast third-quarter sales that missed analysts’ expectations, dimming hopes for a stronger recovery on the back of artificial intelligence data center demand. Most Read from BloombergHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueRetina Chip Designed to Restore Sight to Go on Sale in EuropeApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandTrump’s 100% Generic Drug Duty Threatens US
July 23 (Reuters) - European shares edged lower on Thursday, weighed down by technology stocks following quarterly results from U.S. giant Alphabet, while markets assessed the Middle East conflict
Chinese carmakers spent the past decade replacing gasoline engines with batteries. The next will be about integrating cars with robotics, XPeng’s chief executive says.
July 23 (Reuters) - India's Cipla reported a bigger-than-expected fall in first-quarter profit on Thursday, extending its run of declines on muted sales of a generic cancer drug and supply disruptions
Alphabet Inc (NASDAQ:GOOG) shares fell almost 3% after hours, wiping almost $125 billion from its valuation, despite second-quarter results that beat Wall Street forecasts on both revenue and earnings. The Google parent reported revenue of $119.8 billion and earnings per share of $9.11,...
Wall Street banks are having their best run in over a decade, while Blackstone Inc. (NYSE:BX), heading into its second-quarter earnings today, has missed nearly all of it. Banks Pull Ahead of Private Capital Shares of the largest U.S. private capital groups have slumped more than 15% this year and over 20% in the past […]
The company said it continued to capitalize on surging demand from AI and data-center customers, as supply constraints pushed clients to place longer-term orders.
The European chip maker, which also counts Apple and Tesla among its clients, raised its revenue target after having had upgraded its forecast in June.
Investors were positioning their trades ahead of Intel’s second-quarter earnings report, due after the market closes on Thursday.
Asian shares were mostly higher on Thursday, while the intensifying war with Iran pushed Brent crude past $96 a barrel. Samsung Electronics gained 3%, while memory chipmaker SK Hynix advanced 3.4%. Technology companies led gains, with stocks in SoftBank Group climbing 3.3%.
By Ankur Banerjee SINGAPORE, July 23 (Reuters) - Asian stocks rose on Thursday after U.S. technology firms outlined significant capital spending plans that are likely to benefit chipmakers in the
BE Semiconductor Industries (Besi) on Thursday reported quarterly orders significantly above last year's level, fuelled by strong demand for AI, hybrid bonding, photonics and data centres. Investors are betting on rising demand for Besi's hybrid bonding solutions, a chip-packaging technology that enables two chips to be directly bonded together, citing the company's first-mover advantage as AI-driven demand accelerates. The number of customers using Besi's hybrid bonding technology increased to 21 in the quarter from 15 at the end of last year, as the technology gained traction in logic, memory, co-packaged optics and consumer applications and drove capacity expansions among customers, it said.
Intel is scheduled to report second-quarter financial results after the stock market closes on Thursday.
(Bloomberg) -- China has started issuing robotaxi permits again after a high-profile incident involving self-driving vehicles led authorities to suspend new licenses in April, according to people familiar with the matter.Most Read from BloombergHegseth 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 SupplyRetina Chip Designed to Restore Sight to Go on Sale in EuropeApple to L
Northrop Grumman (NOC) has drawn fresh attention after reporting better-than-expected quarterly earnings and revenue, lifting full-year sales guidance and highlighting a record backlog following substantial contract awards across key defense programs. See our latest analysis for Northrop Grumman. The stronger second quarter and raised sales guidance come after a mixed stretch for Northrop Grumman’s stock, with the share price down about 10% year to date and the 1 year total shareholder return...
Red Cat faces pressure from executive turmoil, lawsuit, insider selling, and weak performance and investor concerns ahead of Q2 earnings.
Kinder Morgan Inc (KMI) reports robust earnings growth and strategic advancements, driven by increased natural gas demand and disciplined capital management.
Tesla Inc (TSLA) reports record Q2 deliveries and significant investments in AI and infrastructure, despite facing margin declines and supply chain challenges.
Despite challenges in consumer demand and regional deflation, Wal - Mart de Mexico SAB de CV (WMMVF) reports strong eCommerce and new business growth in Q2 2026.
Alphabet Inc (GOOG) reports a 24% revenue surge, driven by robust cloud growth and new AI model launches, despite challenges in free cash flow and operating expenses.
IBM reports modest growth amid shifting client priorities, while focusing on AI and quantum computing investments to drive future success.
ServiceNow Inc (NOW) reports a strong Q2 with 23% subscription revenue growth and AI ACV surpassing $1 billion, despite facing market uncertainties.
QuantumScape Corp (QS) advances in automotive and data center markets despite financial hurdles, with key partnerships and production milestones.
An IPO doesn't just move the value of the new stock. Here's how the SpaceX IPO has impacted millions of passive investors.
Oilfield services provider SLB (NYSE:SLB) will be reporting earnings this Friday before market hours. Here’s what investors should know.
Executives said the firm’s 21% year-over-year revenue growth in the second quarter was partly due to RIAs’ continued interest in long-short strategies.