Category: Latest News
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Oatly shares surge after second-quarter revenue beats forecasts and outlook improves (NASDAQ:OTLY)
Strong sales growth drives earnings outperformance Oatly Group AB (NASDAQ:OTLY) reported stronger-than-expected second-quarter 2026 results on Wednesday, with robust revenue growth prompting the company to raise its full-year sales outlook. The oat-based beverage maker generated revenue of $240.1 million during the quarter, a 15% increase from a year earlier and well above analysts’ consensus estimate…
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Northern Trust shares edge higher after strong second-quarter results driven by Visa gain (NASDAQ:NTRS)
Earnings and revenue surpass Wall Street expectations Northern Trust Corporation (NASDAQ:NTRS) reported second-quarter 2026 results that comfortably exceeded analyst forecasts, supported by higher fee income and a significant gain related to its participation in Visa’s exchange offer. The company posted adjusted earnings per share of $4.23, well above the consensus estimate of $2.70. Revenue rose…
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Joby Aviation shares climb on exclusive UK air taxi partnership with Virgin Atlantic (NYSE:JOBY)
Virgin Atlantic to become exclusive UK airline partner Joby Aviation (NYSE:JOBY) shares gained 4% on Wednesday after the electric aircraft developer announced a long-term partnership with Virgin Atlantic to introduce commercial air taxi services across the United Kingdom. The agreement, unveiled during the Farnborough International Airshow, names Virgin Atlantic as Joby’s exclusive airline partner for…
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Powering Canada’s data centre future
Canada is rapidly emerging as a key destination for data centre development as artificial intelligence, cloud computing and digital transformation fuel unprecedented demand for digital infrastructure. Yet while much of the attention is focused on the facilities themselves, a critical challenge remains: securing reliable, scalable and cost-effective power to support increasingly energy-intensive workloads. This article…
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AT&T shares rise after second-quarter earnings beat and stronger subscriber growth (NYSE:T)
Earnings outperform as customer additions gather pace AT&T (NYSE:T) shares climbed 2.5% in premarket trading on Wednesday after the telecommunications company reported second-quarter results that exceeded earnings expectations, supported by continued momentum in broadband and wireless customer growth. The company posted earnings per share of $0.65, ahead of analysts’ consensus estimate of $0.59. Quarterly revenue…
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Travel + Leisure raises full-year outlook after second-quarter revenue tops forecasts (NYSE:TNL)
Revenue growth supports improved annual guidance Travel + Leisure Co. (NYSE:TNL) reported second-quarter 2026 results on Wednesday that exceeded revenue expectations and prompted management to raise its full-year outlook, although adjusted earnings per share came in just below Wall Street forecasts. The leisure travel company posted adjusted earnings per share of $1.88, narrowly missing analysts’…
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PulteGroup shares decline despite second-quarter earnings beat (NYSE:PHM)
Higher profits than expected fail to lift investor sentiment PulteGroup Inc. (NYSE:PHM) reported second-quarter 2026 results that exceeded Wall Street’s earnings and revenue forecasts, but weaker profitability and softer year-over-year performance weighed on investor sentiment. The homebuilder posted adjusted earnings per share of $2.48, surpassing analysts’ consensus estimate of $2.38 by $0.10. Revenue totaled $3.98…
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GE Vernova shares slip despite higher revenue and raised full-year outlook (NYSE:GEV)
Earnings miss overshadows strong sales growth GE Vernova Inc. (NYSE:GEV) shares fell 2.7% in premarket trading after the company reported second-quarter 2026 results that fell short of earnings expectations, despite delivering stronger-than-expected revenue and raising its full-year financial guidance. Adjusted earnings per share came in at $2.47, missing Wall Street’s consensus estimate of $3.04. Revenue…
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Equinor shares gain as strong oil trading offsets exploration weakness in Q2 (NYSE:EQNR)
Trading and cash flow lift quarterly performance Equinor (NYSE:EQNR) shares rose as much as 3% on Wednesday after the Norwegian energy group delivered second-quarter results that exceeded market expectations for operating income and cash flow, supported by a standout performance in its trading and shipping business. For the quarter ended June 30, Equinor reported adjusted…
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TE Connectivity shares climb after earnings beat and upbeat outlook (NYSE:TEL)
Record quarterly results exceed Wall Street expectations TE Connectivity plc (NYSE:TEL) reported stronger-than-expected fiscal third-quarter 2026 results on Wednesday, driven by robust revenue growth across its Industrial and Transportation businesses and an optimistic outlook for the current quarter. The company posted adjusted earnings per share of $2.94, exceeding analysts’ consensus estimate of $2.84 by $0.10.…