Category: Latest News

PNC Financial Services Group (NYSE:PNC) reported stronger-than-expected second-quarter results after record capital markets revenue and solid loan growth helped lift earnings above Wall Street expectations. The bank’s shares edged higher in premarket trading following the announcement. Earnings and revenue beat expectations PNC posted adjusted earnings per share of 4.85 dollars for the second quarter, exceeding…

VCI Global (NASDAQ:VCIG) reported a net loss for fiscal 2025 as restructuring costs and higher operating expenses offset growth in its technology and fintech businesses. Revenue declines as consulting business is spun off The Kuala Lumpur-based company posted a net loss of 30.2 million dollars for the year ended 31 December 2025, compared with a…

M&T Bank (NYSE:MTB) reported stronger-than-expected second-quarter results after higher lending activity and an improved net interest margin helped lift earnings above Wall Street forecasts. Despite the earnings beat, the bank’s shares were little changed in premarket trading. Earnings and revenue exceed estimates The regional lender posted adjusted earnings per share of 5.35 dollars for the…

Pratt & Whitney, a business unit of RTX (NYSE:RTX), has acquired Dutch technology company Aiir Innovations as it looks to expand the use of artificial intelligence across its aircraft engine inspection and maintenance operations. AI technology to enhance engine inspections According to a company announcement released on 15 July 2026, Aiir Innovations has developed AI-assisted…

First Horizon (NYSE:FHN) reported better-than-expected second-quarter earnings, helping lift its shares more than 3 percent in premarket trading on Wednesday as the regional lender delivered higher profitability and continued loan growth. Earnings come in ahead of expectations The Memphis-based bank posted earnings per share of 0.54 dollars for the second quarter, ahead of analysts’ consensus…

Elevance Health (NYSE:ELV) reported stronger-than-expected second-quarter earnings and raised its full-year outlook, but the health insurer’s shares fell more than 9 percent in premarket trading as investors focused on declining profit margins. Earnings and revenue surpass expectations The company posted adjusted earnings per share of 7.45 dollars, comfortably ahead of the analyst consensus estimate of…

IBM (NYSE:IBM) has introduced three new additions to its Power platform, including a next-generation Power11 server, an artificial intelligence-powered operations tool and a new development package designed to simplify IBM i application development. New Power11 server targets on-premises deployments The company unveiled the Power S1112, a single-socket Power11 server built for compact on-premises environments. According…

BlackRock (NYSE:BLK) shares moved higher in premarket trading on Wednesday after the world’s largest asset manager reported stronger-than-expected second-quarter results, supported by record client inflows and continued growth across its investment platform. Earnings and revenue exceed expectations BlackRock reported second-quarter earnings per share of 13.91 dollars, comfortably ahead of analysts’ expectations of 12.57 dollars. Revenue…

Oracle (NYSE:ORCL) shares moved higher in premarket trading on Monday after a report suggested the company is leading the competition to provide cloud infrastructure services to the Japanese government. Oracle reportedly ahead in bidding process According to a Financial Times report citing seven people familiar with the discussions, Oracle is currently ahead of Amazon Web…