Category: Latest News
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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.…
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Cal-Maine Foods shares slide after fourth-quarter earnings miss (NASDAQ:CALM)
Weak egg prices weigh on quarterly performance Cal-Maine Foods (NASDAQ:CALM) reported weaker-than-expected fourth-quarter results on Wednesday, as lower wholesale egg prices and industry oversupply significantly reduced revenue and profitability. The company posted a loss per share of -$0.76 for the quarter, well below analysts’ expectations of earnings of $0.11 per share. Following the earnings release,…
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Alphabet earnings to test confidence in AI spending and the Magnificent Seven (NASDAQ:GOOG)
Investors focused on capital spending rather than earnings Alphabet (NASDAQ:GOOG) is set to report second-quarter 2026 earnings after Wednesday’s market close, with investors expected to focus less on headline financial results and more on the company’s artificial intelligence investment plans. According to Wolfe Research, capital expenditure will be the key metric to watch during this…
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Interactive Brokers beats Q2 forecasts on trading growth and higher interest income (NASDAQ:IBKR)
Strong customer activity lifts earnings and revenue Interactive Brokers (NASDAQ:IBKR) reported second-quarter results that exceeded Wall Street expectations on Tuesday, as increased trading activity, expanding margin lending and stronger net interest income boosted earnings. The online brokerage posted earnings per share of $0.69, surpassing analysts’ consensus estimate of $0.62. Revenue reached $1.88 billion, ahead of…
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TSMC plans chip price increases of up to 10% from 2027, report says (NYSE:TSM)
Contract chipmaker looks to offset rising production costs TSMC (NYSE:TSM) is planning to increase chip manufacturing prices by as much as 10% beginning in 2027, according to two sources familiar with the matter. The planned price adjustments are intended to help offset rising expenses linked to raw materials, semiconductor manufacturing equipment and the construction of…
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Pegasystems shares tumble after Q2 earnings miss and weaker AI demand outlook (NASDAQ:PEGA)
Earnings and revenue fall short of expectations Shares of Pegasystems (NASDAQ:PEGA) dropped 16.7% in premarket trading to $25.78 after the enterprise software provider reported second-quarter 2026 results that missed Wall Street expectations for both earnings and revenue. The Waltham, Massachusetts-based company posted adjusted earnings per share of $0.35, missing the consensus forecast of $0.43 by…