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Software gross margin fell to 71.3% from 75.6% as free cash flow turned negative

Barrick Mining's Q2 results may benefit from higher gold prices and production, but cost pressures could shape the earnings outlook.

Investing.com -- Fox Corporation posted fourth-quarter earnings per share of $1.79, beating analyst expectations of $1.41 by $0.38. The company's revenue reached $4.21 billion, surpassing the consensus estimate of $3.62 billion.

Warren Buffett’s company was busy in the second quarter, repurchasing its own stock. Its investment activity and cash levels are also on Wall Street’s radar.

Restaurant Brands International Inc. (NYSE:QSR) reported second-quarter results ahead of Wall Street earnings expectations on Thursday, with strong performance from Burger King helping to accelerate comparable sales growth despite mixed results across its other brands.

Hertz stock jumped in premarket trading Thursday after the company’s quarterly earnings topped Wall Street estimates, offering some relief to weary investors. A year ago, Hertz reported a comparable 29-cent loss from sales of just under $2.2 billion. Shares were up 17% at $1.82 in premarket trading, while and futures were up 0.1% and 0.2%, respectively.

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