News

Revenue rose 16% to $109.4 billion and EPS climbed 29%, but a shortfall in services sent Apple stock down in after-hours trading

Moby summary of Trane Technologies plc's Q2 2026 earnings call

KKR posts record fee-related earnings of $1.32 per share, up 34% year-over-year, while raising $34 billion in new capital during the quarter.

Ferrari NV (RACE) reports Q2 2026 net revenues of $1.94 billion, up 11% at constant currency, and raises full-year guidance driven by robust demand and higher personalization trends.

Carpenter Technology Corp (CRS) posts record Q4 operating income of $206.9 million, up 37% year-over-year, while guiding for 21% to 25% growth in FY2027.

Norwegian Cruise Line Holdings has reported past second-quarter 2026 results showing revenue of US$2.64 billion and net income of US$222.55 million, with earnings per share rising to US$0.48 from US$0.07 a year earlier. Despite this stronger profitability and higher sales, management cut its full-year adjusted EPS outlook and forecast a net yield decline, citing softer demand, operational issues, and higher fuel costs. Against this backdrop, we’ll examine how strong quarterly earnings...

Hexcel Corp (HXL) reports 8% sales growth to $529 million and raises full-year guidance, while navigating defense declines and cost pressures.

Valero Energy Corp (VLO) posts a record-breaking quarter with net income surging to $3.7 billion, fueled by exceptional refining margins and robust renewable diesel results.

Xcel Energy Inc (XEL) reports Q2 2026 EPS of $0.93, up from $0.75 year-over-year, and updates EPS growth target to "9% plus" through 2030.

On Thursday, Reddit stock fell despite the social media company posting Q2 results ahead of earnings sand sales estimates.

Strong revenue growth driven by Eliquis and key growth assets, offset by Opdivo decline and delayed readouts for Milvexian and Cobenfy.

Rivian improved full-year adjusted EBITDA guidance to a loss of $2 billion to $1.80 billion, from a prior $2.10 billion to $1.80 billion.

Despite a solid Q2 with top-line growth and cost savings, NCLH faces a softer demand environment and lowered yield guidance as it executes a multi-year turnaround.

PBF Energy slashes net debt by over $1.4 billion and expects elevated refining margins to persist into 2027, while navigating geopolitical risks and operational challenges.

Xcel Energy (NASDAQ:XEL) reported second-quarter 2026 earnings of $0.93 per share, up from $0.75 per share a year earlier, as higher electric revenues, allowance for funds used during construction (AFUDC), and lower depreciation and amortization more than offset increased financing costs. The utili

Adjusted EPS of $7.78 beats expectations, leading to a full-year outlook increase to at least $30.45, as Specialty and Care Services surge 22%.

Stagwell Inc (STGW) reports 10% organic revenue growth and record net new business of $171 million, driven by AI adoption and digital transformation.

Allegro Microsystems Inc (ALGM) reports Q1 FY2027 sales of $259 million, exceeding guidance, with data center revenue surging to a record 17% of total sales.

Altria Group Inc (MO) delivered a 4.9% adjusted EPS increase and expanded On+ to 120,000 stores, while navigating consumer trade-downs and intensified nicotine pouch competition.

Solstice Advanced Materials Inc (SOLS) reports 11% net sales growth and raises full-year 2026 guidance, driven by nuclear energy, electronic materials, and refrigerants.

AMC Global Media Inc (AMCX) raises full-year outlook after securing a $500 million Walking Dead licensing deal with Netflix, offsetting a 9% revenue drop in Q2 2026.

Despite a slight dip in quarterly earnings, AEP boosts full-year outlook and secures massive contracted load additions.

Moby summary of The Southern Company's Q2 2026 earnings call

Moby summary of Steven Madden, Ltd.'s Q2 2026 earnings call

The world’s largest corporate holder of Bitcoin says it is navigating a period of “muted Bitcoin sentiment and market skepticism.”

Moby summary of Colliers International Group Inc.'s Q2 2026 earnings call

Coinbase missed Q2 revenue estimates and posted a $359.5M net loss, sending COIN shares lower despite record crypto market share and USDC growth.

Moby summary of AGCO Corporation's Q2 2026 earnings call

Investing.com -- Reddit Inc (NYSE:RDDT) reported second-quarter financial results that comfortably surpassed Wall Street expectations across top and bottom lines, though the social media platform saw its stock pull back in after-hours trading following a rapid run-up into the print. Shares dropped 7.7% late Thursday despite the company logging its eighth consecutive quarter of revenue growth above 60% and issuing robust guidance for the upcoming period. For the three months ended June 30, total

.com -- Rivian Automotive reported second quarter revenue of $1.66 billion on Wednesday, beating analyst estimates of $1.5 billion and marking a 27% increase from the same period last year.