Category: Top Story

IMAX Corporation (NYSE:IMAX) reported stronger-than-expected second-quarter results on Thursday, sending its shares more than 7% higher in premarket trading as record box office performance and network expansion boosted revenue and profitability. The cinema technology company benefited from the exceptional global debut of Christopher Nolan’s The Odyssey, which delivered one of the strongest IMAX openings on…

Harley-Davidson (NYSE:HOG) reported stronger-than-expected second-quarter results on Thursday, although the motorcycle maker’s shares edged lower in premarket trading as investors assessed the company’s latest outlook and broader market conditions. The company topped Wall Street’s earnings and revenue forecasts while increasing its full-year guidance across several key financial and operating measures. Earnings and revenue exceed forecasts…

SpaceX (NASDAQ:SPCX) short sellers have amassed an estimated $15.5 billion in unrealized gains as the aerospace company’s shares continue to retreat from the highs reached shortly after its public market debut, according to data from Ortex Technologies cited by Reuters. The stock has fallen below its initial public offering price, marking a sharp reversal after…

Comcast (NASDAQ:CMCSA) shares rose around 3% in premarket trading on Thursday after the media and telecommunications company reported second-quarter earnings ahead of Wall Street expectations, supported by improving broadband performance and record wireless customer growth. The results also highlighted stronger profitability across several business segments, including Peacock, which achieved its first profitable quarter. Earnings exceed…

Honeywell Technologies (NASDAQ:HON) reported stronger-than-expected second-quarter earnings and raised its full-year profit guidance, marking its first quarterly results as a standalone automation company following the separation of its aerospace business. The results were supported by higher organic sales, expanding margins and continued strength in its Building Automation division, sending shares modestly higher in early trading.…

Lockheed Martin (NYSE:LMT) shares surged more than 7% in premarket trading on Thursday after the defence contractor reported second-quarter earnings and revenue above market expectations while raising its full-year financial guidance. The improved outlook was driven by stronger production across the company’s business segments, particularly within its missile programmes, alongside robust cash generation and a…

Tesla (NASDAQ:TSLA) shares fell more than 5% in premarket trading on Thursday after the electric vehicle maker reported earnings below market expectations, with softer automotive margins and negative free cash flow overshadowing record vehicle deliveries and continued investment in artificial intelligence. The results reinforced investor concerns about the company’s ability to balance heavy spending on…

IBM (NYSE:IBM) lowered its revenue growth expectations for 2026 after weaker demand for data-centre mainframe systems weighed on quarterly performance, although the company maintained confidence in its profitability and long-term artificial intelligence strategy. The updated guidance follows a challenging quarter for the technology group, with infrastructure sales continuing to soften despite modest overall revenue growth.…

Alphabet (NASDAQ:GOOG) shares moved lower in pre-market trading on Thursday after investors focused on the company’s sharply higher artificial intelligence spending, despite another quarter of strong revenue growth and earnings that comfortably exceeded expectations. The stock fell around 3.5% before the opening bell as concerns over accelerating capital expenditure outweighed the company’s solid financial performance.…