Gilead Sciences (GILD) closed a strong second quarter, and Wall Street noticed. The drugmaker beat sales expectations across its biggest franchises, raised its full-year outlook, and gave analysts fresh reasons to stay bullish heading into the back half of 2026. Bank of America was one of them. The ...
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Joby Aviation (NYSE:JOBY) said it plans to begin its first flights under the federal electric vertical takeoff and landing integration pilot program, or eIPP, in Texas next month, as the company prepares for commercial passenger operations and expands manufacturing and infrastructure efforts. Found
IonQ (NYSE:IONQ) reported second-quarter 2026 revenue of $80.1 million, up 287% from a year earlier, as the quantum computing company cited demand for its fifth-generation systems and broader momentum across computing, networking, security, sensing and space-related products. Chairman and Chief Exe
Investing.com - U.S. stock markets heading into a potential monetary tightening cycle can take comfort in history. The S&P 500 has consistently delivered gains during past Federal Reserve rate hike cycles, according to a report by Barclays.
Berkshire Hathaway's new CEO Greg Abel spent a significant chunk of the company's massive pile of cash as it invested $10 billion in Google's parent company and repurchased about $4.5 billion of its shares. The conglomerate that legendary investor Warren Buffett built reported its second-quarter earnings Saturday morning and disclosed that its cash holdings had shrunk to $365.5 billion from nearly $400 billion at the end of March. Berkshire's report suggested that it had added more than $24 billion worth of commercial, industrial and other stocks to its portfolio, but the earnings report doesn't name the stocks it bought.
The conglomerate struck a $6.8 billion deal, repurchased Berkshire shares and was a net buyer of other stocks, while more than doubling quarterly profits
Howmet Aerospace (NYSE:HWM) reported second-quarter results that exceeded the high end of its guidance, driven by continued growth in commercial aerospace, gas turbines and defense markets. The company also raised its full-year outlook for revenue, EBITDA, earnings per share and free cash flow. Rev
Forget the usual Wall Street qualifiers. Jim Cramer went straight for the superlatives on Lockheed Martin (LMT). During the August 6 episode of CNBC's Mad Money Lightning Round, he called the stock "sensational" and its CEO "fantastic." Two words that leave little doubt about where he stands. ...
Berkshire Hathaway earnings rose 16%. The conglomerate is in a buy zone as investors get over their post-Buffett hangover.
Apple has published a guide explaining how eligible Mac users in mainland China can connect Alibaba's Qwen artificial-intelligence service to the U.S. tech giant's Siri digital assistant and Writing Tools feature. The Mac-specific arrangement could help Apple compete in China's AI PC market, where it has been losing market share as domestic manufacturers such as Lenovo have promoted locally developed AI features. • Qwen is Chinese ecommerce giant Alibaba's family of generative-AI models, which can create text and images and analyse documents, photos and other material in response to user prompts.
(Bloomberg) -- Berkshire Hathaway Inc. spent about $4.5 billion to buy back its own shares in the second quarter, providing shareholders with the largest quarterly payout since 2021.Most Read from BloombergOpenAI’s New Device Will Be Hockey Puck-Sized and Cost Over $300Iran Wants to Bar US, Israeli Ships From Hormuz in Peace AccordWalmart Tests Fulfillment Cart Changes After Child Hit in StoreWhy Do Data Centers Use So Much Fresh Water?Trump Administration Considers Order on Autism and VaccinesO
Hecla Mining (NYSE:HL) reported second-quarter results marked by strong cash generation, record site-level free cash flow at Greens Creek and Lucky Friday, and a balance sheet that President and Chief Executive Officer Rob Krcmarov called the strongest in the company’s history. Revenue from continu
Howard Hughes (NYSE:HHH) used its second-quarter earnings call to outline its transition toward a diversified holding company following the June acquisition of Vantage Group Holdings, while reporting continued land-sale demand, condominium cash proceeds and growth in its master-planned communities b
President Donald Trump's policies, coupled with Wall Street's hottest trend, are a dangerous recipe for stocks.
Fastly (NYSE:FSLY) reported record second-quarter revenue and improved profitability as customers expanded their use of its network, security and Compute products. The company also raised its full-year 2026 revenue and operating-profit outlook. Revenue for the second quarter rose 23% year over year
Fluor (NYSE:FLR) reported second-quarter revenue of $4.3 billion, up 9% from a year earlier, as strong project execution helped lift adjusted EBITDA to $149 million from $96 million in the prior-year period. Adjusted earnings per share rose to $0.91 from $0.43. The engineering and construction comp
FIGS (NYSE:FIGS) reported second-quarter fiscal 2026 revenue growth of 29% as demand increased across scrub wear, non-scrub apparel, international markets, institutional sales and retail community hubs. The healthcare apparel company also raised its full-year revenue and profitability outlook, despi
Figma (NYSE:FIG) reported second-quarter 2026 revenue of $370 million, up 48% from a year earlier, as the company recorded its third consecutive quarter of accelerating growth and its first full quarter of AI credit monetization. Co-founder and CEO Dylan Field said companies are “doubling down on F
EOG Resources (NYSE:EOG) reported record second-quarter financial results for 2026, supported by higher oil prices, lower operating costs and production volumes above the midpoint of its guidance range. The company also highlighted early production results from its United Arab Emirates exploration p
e.l.f. Beauty (NYSE:ELF) reported first-quarter fiscal 2027 net sales growth of 36%, marking its 30th consecutive quarter of sales growth, as strong performance from Rhode and international markets helped offset a decline in organic unit volumes. Chairman and Chief Executive Officer Tarang Amin sai
Devon Energy (NYSE:DVN) said second-quarter execution exceeded its guidance targets as the company advanced integration work following its May 7 merger with Coterra, identified more than 350 synergy initiatives and completed its 2026 debt-reduction target. Second-quarter results included legacy Dev
Dynatrace (NYSE:DT) said its first-quarter fiscal 2027 results exceeded the high end of its guidance, supported by record new-logo growth, expanding platform consumption and continued demand for observability tools as enterprises deploy more artificial intelligence workloads. Total annual recurring
(Bloomberg) -- UK Treasury officials are concerned that the prime minister’s talk of using “flexibility” within the fiscal rules to ramp up investment could backfire by destabilizing financial markets, according to people familiar with the thinking.Most Read from BloombergOpenAI’s New Device Will Be Hockey Puck-Sized and Cost Over $300Iran Wants to Bar US, Israeli Ships From Hormuz in Peace AccordWalmart Tests Fulfillment Cart Changes After Child Hit in StoreTrump Administration Considers Order
When your local grocery store closes, it doesn't matter to impacted residents that the chain is adding locations in other markets. My family owns a vacation home in Jaffrey, New Hampshire, and the closest grocery store was about five miles away in a neighboring town. When that store closed, our ...
Healthpeak Properties (NYSE:DOC) reported second-quarter adjusted funds from operations of $0.46 per share and raised its full-year adjusted FFO guidance by $0.02 to a range of $1.73 to $1.77 per share, citing improved same-store net operating income expectations in its lab and senior housing busine
Ducommun (NYSE:DCO) reported record second-quarter revenue as growth in commercial aerospace and military programs lifted sales, margins and earnings. The company said it remains on track to meet its full-year revenue outlook despite expecting lower growth rates in the second half after pulling forw
Investing.com -- The Trump administration plans to provide $1 billion in security assistance to the government of Colombia’s newly inaugurated President Abelardo De La Espriella, Reuters reported on Friday, citing the U.S. State Department.
Sezzle Inc (SEZL) reports 51.7% revenue growth and raises full-year outlook amid surging subscriber engagement and new product adoption.
Halozyme's ENHANZE platform drives a 48% revenue surge, with new partnerships and Hypercon progress fueling a second growth engine.
Novanta Inc (NOVT) delivered robust Q2 2026 results with 9% organic growth, record cash flow, and raised full-year guidance following the Riverpoint Medical acquisition.