Major tech companies like Amazon and Microsoft reported strong earnings driven by significant investments in AI, while Apple warned of future supply constraints impacting Mac, iPhone, and iPad sales, leading to a projected slowdown in September-quarter growth.
Apple Inc. spearheaded a 7% increase in global smartphone revenue during the June quarter, demonstrating how higher prices are effectively compensating for a decrease in overall shipments, according to Counterpoint Research.
Engie SA has reported GAAP EPS of €1.28 and revenue of €36.71 billion, leading the company to upgrade its full-year profit outlook for 2026. The energy company's improved forecast comes amidst ongoing market volatility.
US refiners are reporting billions in profits, benefiting from a global fuel crunch that has led to higher prices and shortages worldwide. This surge in earnings comes as consumers face increased costs at the pump.
Disney is reportedly selling its 50% stake in A+E Global Media to Hearst in an all-cash deal valued at over $1 billion, an announcement expected during Disney's upcoming earnings call.
US equity futures gained following a rebound in chipmakers like Samsung and SK Hynix, coupled with strong earnings reported by Amazon. The Bank of Japan maintained its policy rate, strengthening the yen.
BrightSpring Health Services announced GAAP EPS of $0.38 and revenue of $3.87 billion, both surpassing analyst estimates. Linde also reported strong financial results with non-GAAP EPS of $4.50 and revenue of $9.3 billion, exceeding expectations.
T. Rowe Price reported strong second-quarter earnings, beating non-GAAP EPS estimates and achieving record assets under management (AUM). The positive results were aided by controlled costs, despite revenue slightly missing expectations.
The company Gym+Coffee has successfully returned to profitability following a multi-year overhaul of its operations. The firm has also reached an agreement with Revenue regarding the repayment of warehoused taxes.
Researchers have found hundreds of geometric earthwork structures, including embankments and ditches, in the Amazon. Some of these ancient glyphs are more than 2,500 years old.
Stellantis CEO Antonio Filosa warned that a major strategic overhaul would take time to yield results after the automaker reported weaker-than-expected second-quarter earnings, causing shares to drop.
Sumitomo Mitsui Financial reported GAAP EPS of ¥131.59 and revenue of ¥2.85B, while Murata Manufacturing announced GAAP EPS of ¥44.70 and revenue of ¥502.26B, updating its FY 2027 outlook. Sumitomo also reported GAAP EPS of ¥39.92 and revenue of ¥1949.36B, reaffirming its FY 2027 outlook.
A journalist recounts flying in a Douglas DC-3, a World War II-era aircraft, which is still used to transport passengers in the Colombian Amazon jungle today.
European shares pared some of their monthly gains as a decline in Novo Nordisk A/S weighed on the market, despite a rally in tech stocks and generally positive earnings reports.
Schneider has outlined its 2026 earnings per share (EPS) forecast between $0.90 and $1.10, while also announcing a reduction in net capital expenditures to $350M-$400M.
Murata Manufacturing Co., a key supplier of AI components, raised its profit outlook but cautioned that the global technology buildout, particularly AI spending, is expected to level off eventually.
Meta's shares have fallen as shareholders express growing concern over the company's ability to maintain sales and profit growth at a fast enough pace, particularly due to a surge in AI spending impacting its outlook and free cash flow.
TMX Group, Zions Bancorporation, and Steris have each announced increases to their quarterly dividends. TMX Group raised its dividend by 8.3% to CAD 0.26/share, Zions Bancorporation by 6.7% to $0.48/share, and Steris by 9.5% to $0.69/share.
HSBC Holdings Plc and Singaporean banks are projected to demonstrate stronger earnings across the board. This positive outlook is buoyed by the robust performance of their wealth management businesses and resilient fee income.
Steve Madden projects an 11% to 13% revenue growth and an earnings per share (EPS) of $2.05 to $2.15 for 2026, despite facing increased freight pressure.
Apple CEO Tim Cook concluded his final earnings call with a stark warning about a 'hundred year flood' impacting memory chip pricing, signaling significant market volatility.
Terex announced a raised outlook for 2026, projecting sales between $7.9 billion and $8.2 billion and adjusted earnings per share (EPS) in the range of $4.70 to $5.10.
Power Corporation of Canada, ARC Resources, and IGM Financial have all reported their second-quarter earnings per share, with figures ranging from C$0.62 to C$1.55.
Alignment Healthcare announced it turned a profit in its second quarter, with net income more than doubling due to reduced costs in its Medicare Advantage plans.
KKR has signaled plans to scale Strategic Holdings operating earnings to over $1.1 billion by 2030, coinciding with the launch of Helix with over $10 billion.
Several companies, including BPI, Proto Labs, Vassiliko Cement, Alpha Bank, and Bank of Ireland, have released their latest financial results. Reports show a mix of profit declines, increases, and varied performance against analyst expectations.
Chevron announced a strong beat on its second-quarter earnings, with non-GAAP EPS of $6.06 and revenue of $70 billion, surpassing analyst expectations. The company also reported a significant 20% increase in global production, driven by record output in the U.S.
Recent US Big Tech earnings reports have provided key insights into the role and impact of artificial intelligence within the technology sector. Analysts are examining these reports to understand AI's current trends and future implications.
Sony announced a 40% increase in its first-quarter profit, surpassing estimates, largely driven by strong performance in its gaming division. The company has also raised its profit forecast for the year.
Apple's latest earnings report has left Wall Street analysts divided, as strong demand for the company's products is balanced against concerns over supply chain constraints and fluctuating memory prices.
Coinbase shares have taken a hit following the announcement of a quarterly loss. Despite the downturn, analysts are reportedly backing the cryptocurrency exchange's diversification strategy.
AngloGold Ashanti reported its second-quarter results, with Non-GAAP EPS of $1.98, missing estimates by $0.13. The company's revenue of $3.03 billion also fell short of expectations by $160 million.
Gates Industrial and Magna International both reported strong second-quarter earnings, beating top-line and bottom-line estimates. Both companies also raised their full-year outlooks, indicating positive financial performance.
Maruti Suzuki India Ltd. reported profits that fell short of analysts' estimates, as rising commodity costs impacted earnings despite robust revenue growth.
Tenax Therapeutics reported a GAAP EPS of -$0.35, beating estimates by $0.01, while Fortis announced a GAAP EPS of $0.78, surpassing expectations by $0.02. Both companies exceeded analyst predictions for their recent earnings.
TXNM Energy reported non-GAAP EPS of $0.58, beating estimates, with revenue of $548.5M. Lear also exceeded expectations with non-GAAP EPS of $4.28 and revenue of $6.2B, indicating strong financial performance for both companies.
ExxonMobil Holdings Corp. narrowly missed its profit forecasts, with refining results impacted by repairs, despite high crude prices and strong fuel margins.
First HoldCo has announced its intention to pay out 60% of its annual profit as dividends, a move that highlights the board's confidence in the company's earnings capacity, capital position, and robust outlook for sustained profitability.
Amazon's stock experienced a significant jump following strong growth in its Amazon Web Services (AWS) division. This performance helped to alleviate investor concerns regarding the company's increasing expenditures on artificial intelligence.
A significant week for corporate earnings highlights the global buildout of AI infrastructure, tightening supply chains, and ongoing geopolitical uncertainty, with European executives expressing optimism about AI.
ITV announced 'solid' yet underwhelming results for the first half of 2026, showing a 2% uplift in major profit centers but also a £26 million ($33 million) loss due to new fast-food advertising regulations.
Amazon founder Jeff Bezos stated customer focus remains paramount for the company's future growth. He stressed that low prices and fast delivery will continue to be valued by customers.
Baldwin has projected its adjusted earnings per share for the third quarter to be between $0.42 and $0.46, as the company aims for mid-single-digit organic growth.
Amazon reported better-than-expected results, driven by strong growth in its cloud computing division and significant investments in artificial intelligence.
Apple is projecting 9%-11% revenue growth for its September quarter, despite facing rising supply constraints and a 2.5-point foreign exchange headwind.
Ferrari has raised its profit forecast as the AI boom drives demand for personalized supercars, with customers spending more on custom features. The company's order book remains full through 2027.
To compete for top investment talent in India's rapidly growing wealth market, billionaire-owned family offices are increasingly offering profit-sharing arrangements to money managers.
Analysts are raising their price target for Apple, acknowledging a good but not exceptional quarter as the company navigated memory shortages that impacted its reported earnings and future guidance.
Jaiz Bank Plc has reported increased profit for the first half of 2026, with its assets exceeding N1.6 trillion, driven by higher financing and investment income.
Stryker Corp has narrowed its adjusted-earnings outlook for the full year, citing challenges from a cyberattack that necessitate increased production and backlog shipments to meet second-half growth targets.
IBM CEO Arvind Krishna stated that the company's significant investments in quantum computing are expected to yield a "measurable impact" on its revenue and earnings by the years 2028 or 2029. This projection highlights the long-term strategic importance of quantum technology for IBM.
A summary of the significant earnings reports scheduled to be released before the market opens on Friday, providing investors with key financial updates.
The yen's slide to a 40-year low is expected to provide a significant earnings boost for Japanese exporters like Toyota Motor Corp., offering relief from US tariffs, surging oil prices, and supply chain disruptions.
Cryptocurrency exchange Coinbase has reported its third straight quarterly loss, with both earnings and revenue falling short of estimates. The decline is attributed to a slowdown in trading activity within the crypto market.
Apple's stock experienced a significant drop as supply chain issues clouded its financial outlook, raising concerns about iPhone demand. This decline occurred as investors shifted focus to AI winners following recent earnings reports.
Sony has increased its financial outlook after its entertainment division significantly boosted earnings, as the company shifts resources towards music, games, and anime.
Amazon received $600 million in tariff refunds from the Trump administration, which the company plans to pass along to some of its customers. This refund relates to tariffs imposed during the previous administration.
Franklin Resources announced non-GAAP earnings per share of $0.72, surpassing estimates by $0.06, and reported revenue of $2.36 billion, beating expectations by $50 million.
AbbVie reported second-quarter earnings that surpassed analyst expectations, though the company subsequently lowered its full-year earnings per share guidance, citing the impact of mergers and acquisitions.
Brookfield Business Corporation announced its second-quarter financial results, reporting GAAP earnings per share (EPS) of $0.18 and revenue of $6.49 million.
Netflix and Amazon Prime Video are engaged in legal and behind-the-scenes battles to loosen France’s streaming regulations, contrasting with Canal+'s commitment to invest over $1.1 billion in French and European films.
Wall Street analysts have largely reiterated 'buy' ratings and raised price targets for Amazon's stock, citing AWS's strong outperformance as a key factor bolstering confidence in the company's AI strategy after its latest earnings report.
Amazon Web Services (AWS) has reportedly hired a former executive from both Apple and Google to take charge of its crucial artificial intelligence services.
Technology stocks rallied as a rebound in chipmakers carried into Friday, ending a month marked by a steep derating in this year’s most popular trade on an upbeat note.
Global markets saw a rebound with South Korea's KOSPI surging, while Amazon gained after its fifth consecutive quarter of cloud sales growth. Apple, however, slumped due to supply shortages impacting its sales forecast.
Pearson, the global education company, announced its financial results, reporting a Non-GAAP Earnings Per Share (EPS) of £0.289 and total revenue of £1.78 billion.
Amazon is reportedly shutting down its 'Prime' Free Ad-Supported TV (FAST) channel in Germany and Austria. This move highlights the challenges involved in launching curated FAST channels that utilize content from existing SVOD services.
Floor & Decor projects an adjusted earnings per share (EPS) of $1.88-$2.13 for fiscal year 2026, while anticipating comparable store sales to remain flat to down 4%.
NatWest reported second-quarter earnings of £2.3 billion, surpassing analysts' forecasts, primarily driven by strong performance in its retail and wealth management divisions.
Kioxia Holdings Corp. announced a 3-for-1 stock split after its profits fell short of expectations, suggesting a potential slowdown in the AI-driven surge in flash memory prices.
Idacorp has provided its 2026 earnings per share guidance, projecting $6.30-$6.45, as large contract customers ramp up and capital expenditure trends towards the higher end of expectations.
Despite chipmakers delivering record earnings, investor skepticism is causing stock prices to fall, as sky-high expectations, crowded trades, and looming uncertainty make the AI boom less profitable for investors.
Axa SA reported first half profit higher than the same period a year ago, as the Paris-based insurer assesses the impact of wildfires currently affecting France and Spain.
Society is experiencing a fundamental shift from an income-based economy to a wealth-based one, where passive wealth gains increasingly hold more significance than earnings for an individual's social standing. This trend highlights a changing economic landscape.
Apple CEO Tim Cook has indicated that while initial AI features will launch in China, a full integration of a revamped Siri AI will take longer, amidst a worsening memory crisis.
The woman suing "Clavicular" for sexual battery is reportedly seeking to review his streaming contract to determine his earnings from a deal with Kick.
Apple's recent price increases have made refurbished Apple devices, such as MacBooks, iPads, and Apple Watches, an even more attractive and affordable option for consumers.
Apple TV+ viewership achieved an all-time high in the June quarter, though growth in Apple's Services division was tempered by tough comparisons to the previous year's release of 'F1: The Movie'.
Microsoft's Xbox head detailed a strategy to surpass rivals in profit margins by 2030, focusing on investments in Minecraft and expanding partnerships, including in China.
Roblox has issued a forecast for its quarterly bookings that falls below market estimates, indicating a potential slowdown in user spending or growth, with safety features cited as dampening engagement.
MGIC expects its 2026 operating expenses to be towards the low end of the $190M-$200M range and has announced an increase in its quarterly dividend to $0.17.