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a.k.a. Brands 2Q Gross Margin Improves as Fashion Turnaround Gains Momentum
Exec Edge51d agoneutral
a.k.a. Brands 2Q Gross Margin Improves as Fashion Turnaround Gains Momentum

By Karen Roman a.k.a. Brands Holding Corp. (NYSE: AKA) said its second quarter gross margin was 61.1%, compared to 57.5% in the second quarter of 2025, primarily driven by lower tariff rates and the improved full price selling on streetwear brands. It reported a second quarter net loss of $0.2 million, or $(0.01) per share, […] The post a.k.a. Brands 2Q Gross Margin Improves as Fashion Turnaround Gains Momentum appeared first on ExecEdge.

Strong Earnings Power Dow to Another Record
The Wall Street Journal51d agoneutral
Strong Earnings Power Dow to Another Record

A new round of strong earnings reports powered the Dow Jones Industrial Average to a fresh high on Wednesday, underscoring how surging profits are underpinning the stock-market rally. Upbeat reports from Amgen Walt Disney and Merck helped send the blue-chip index 0.5%, or 263 points, higher to 54349. The Dow industrials have now climbed for five straight sessions, notching three straight records and a 5.3% gain in their best such run since the volatile days of the April 2025 tariff panic.

Bloomberg51d agoneutral
Trump Readies Tariffs and Price Floors to Bolster US Polysilicon

(Bloomberg) -- President Donald Trump is preparing to impose tariffs and minimum prices on imported polysilicon, a bid to boost domestic production of the material as well as the US semiconductors and solar panels made from it.Most Read from BloombergIran Says Agreement on Hormuz Shipping Reached With OmanSpaceX’s AI Splurge Puts a Damper on First Earnings After IPOTrump Says Iran Talks Going Well as Hopes Rise for Hormuz DealChina’s AI Blitz Creates ‘Death Zone’ for Rival US Model MakersTaco Be

Zoox's big bet on robotaxis starts in Las Vegas
Axios51d agoneutral
Zoox's big bet on robotaxis starts in Las Vegas

Amazon-owned Zoox is about to start scaling its robotaxi service after federal regulators last week cleared it to charge for rides in its driverless vehicles with no steering wheel or other human controls.

Fed’s Kashkari: It’s Time to ‘Start Slowly Moving’ Rates Higher
The Wall Street Journal51d agoneutral
Fed’s Kashkari: It’s Time to ‘Start Slowly Moving’ Rates Higher

Minneapolis Federal Reserve President Neel Kashkari said he believes it is time to “start slowly moving” interest rates higher to help bring down inflation to the Fed’s 2% target. During an interview on CNBC, the central bank official said he isn’t calling for a dramatic increase in rates, adding: “I don’t see evidence monetary policy is marginally restrictive right now, and I think we have more work to do to get inflation back down.

Circle shares climb after Q2 results, federal bank charter approval and higher guidance
InvestorsHub51d agoneutral
Circle shares climb after Q2 results, federal bank charter approval and higher guidance

Circle Internet Group (NYSE:CRCL) shares rose around 7% in pre-market trading after the stablecoin issuer reported second-quarter results in line with expectations, secured the first federal bank charter granted to a stablecoin company and raised parts of its full-year outlook. The company also announced that BlackRock, Visa and Mastercard will serve as validators for its upcoming blockchain network.

AI CapEx fears: Is big tech overspending?
Yahoo Finance Video51d agoneutralVIDEO
AI CapEx fears: Is big tech overspending?

Host Kenny Polcari joins Man Group Chief Market Strategist Kristina Hooper and Legato Financial CIO Ryan Kelly to debate the risks of massive AI CapEx spending and how a hawkish Federal Reserve could impact markets ahead of the midterms.

CVS’s Turnaround Faces Its Next Test
Barrons.com52d agoneutral
CVS’s Turnaround Faces Its Next Test

CVS Health reports earnings Wednesday, with analysts expecting another solid quarter and looking for potential guidance upside from its Aetna insurance and Caremark pharmacy-benefit businesses.

Paramount Skydance reports mixed second-quarter results
Reuters52d agoneutral
Paramount Skydance reports mixed second-quarter results

Paramount Skydance reported mixed second-quarter results on Tuesday, with higher streaming and studio revenue offsetting declines in television, as the company works to close its ‌planned $110 billion acquisition of Warner Bros. Discovery. Ellison reiterated that ​he fully expects "the transaction to close."