Category: Latest News

BorgWarner Inc. (NYSE:BWA) reported stronger-than-anticipated second-quarter earnings on Thursday, buoyed by robust growth in electric vehicle (EV) component sales, even as broader market conditions remained mixed. Shares of the automotive parts supplier rose 2.37% in pre-market trading after the release. The company posted adjusted earnings of $1.21 per share, well above analyst estimates of $1.08.…

ITT Inc. (NYSE:ITT) reported second-quarter earnings on Thursday that topped Wall Street expectations and led the company to raise its full-year forecast, buoyed by solid performance in pump shipments and rising aerospace demand. The industrial manufacturer posted adjusted earnings of $1.64 per share, slightly ahead of analysts’ consensus of $1.61. Revenue for the quarter came…

Xerox Holdings Corporation (NASDAQ:XRX) reported a steep adjusted loss of $0.64 per share for the second quarter, sharply missing Wall Street’s forecast of a $0.07 profit. The disappointing results were driven by ongoing tariff pressures and elevated product costs that dragged on profitability. Revenue for the quarter came in at $1.58 billion, essentially flat year…

Genesis Energy, L.P. (NYSE:GEL) reported a smaller net loss for the second quarter of 2025, as improved performance in its offshore pipeline segment and initial contributions from its Shenandoah development bolstered results. Following the earnings announcement, the company’s stock edged up 1.20% in after-hours trading. Genesis posted a net loss attributable to the partnership of…

eBay (NASDAQ:EBAY) saw its shares jump over 12% in early trading on Wednesday after the e-commerce giant surpassed second-quarter forecasts and issued positive guidance. Strong advertising growth, ongoing momentum in collectibles, and the rollout of AI-powered tools designed to enhance personalized shopping experiences across eBay’s global marketplace supported the results. For the quarter ending June…

Grab Holdings (NASDAQ:GRAB) announced a net profit of $20 million for the second quarter, a significant turnaround from a $68 million loss recorded in the same quarter last year, and surpassing analyst forecasts of $17.53 million. The Southeast Asian ride-hailing and delivery platform credited its profitability to a positive operating profit, bolstered by rising revenues,…

Alamos Gold Inc (NYSE:AGI) reported adjusted earnings of $0.34 per share for the second quarter, surpassing the analyst consensus of $0.32. This strong performance was driven by higher gold production and increased realized gold prices. The company recorded quarterly revenue of $438.2 million, just slightly below the consensus estimate of $438.56 million, but representing significant…

Argenx (NASDAQ:ARGX) reported global product net sales of $949 million for the second quarter, representing a 97% increase year-over-year and a 19% rise from the previous quarter. The stock surged over 11% in premarket trading on Thursday. Wolfe Research noted that this figure significantly exceeded market expectations, with some analysts referencing a “$900M threshold,” while…

Shares of Qualcomm (NASDAQ:QCOM) declined slightly in premarket trading on Thursday, as the company’s fourth-quarter outlook matched forecasts but failed to fully reassure investors about demand trends. The San Diego-based semiconductor firm, known for its modem chips that enable smartphone wireless connectivity, reported adjusted earnings of $2.77 per share, surpassing the consensus estimate of $2.71.…

Tesla (NASDAQ:TSLA) officially rolled out its ride-hailing platform in the San Francisco Bay Area, CEO Elon Musk revealed Thursday. “You can now ride-hail a Tesla in the SF Bay Area, in addition to Austin,” Musk shared in a message on X. He did not disclose further specifics on the service or clarify if autonomous vehicles…