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Wall St opens higher but weekly losses loom
Reuters36d agoneutral
Wall St opens higher but weekly losses loom

Aug 21 (Reuters) - Wall Street's main indexes opened higher on Friday after getting hammered in the previous session, though markets remained on track to end the week in the red as surging government

What Biogen (BIIB)'s Higher Earnings Guidance and Late-Stage Pipeline Progress Means For Shareholders
Simply Wall St.36d agoneutral
What Biogen (BIIB)'s Higher Earnings Guidance and Late-Stage Pipeline Progress Means For Shareholders

In recent months, Biogen raised its non-GAAP earnings guidance after strong commercial execution and a pivot toward growth products helped counter ongoing declines in its legacy multiple sclerosis portfolio. This improved outlook, combined with investor attention on five upcoming Phase 3 readouts in lupus, transplant, and rare disease programs, has become a central focus in reassessing the company’s long-term profile. Next, we’ll examine how Biogen’s higher earnings guidance and advancing...

Keysight Technologies Q3 Earnings Call Highlights
MarketBeat36d agoneutral
Keysight Technologies Q3 Earnings Call Highlights

Keysight Technologies (NYSE:KEYS) reported record fiscal third-quarter 2026 results, with revenue, orders and earnings exceeding the high end of its guidance range, as demand accelerated across AI infrastructure, semiconductor, aerospace and defense, and industrial markets. Chief Executive Officer

Wolfe Research highlights powerful S&P 500 earnings momentum
InvestorsHub36d agoneutral
Wolfe Research highlights powerful S&P 500 earnings momentum

S&P 500 companies are delivering strong second-quarter results, with Wolfe Research pointing to widespread revenue beats, upbeat guidance and an unusually robust earnings growth outlook for 2026. According to the research firm, 465 companies in the S&P 500 had reported their second-quarter 2026 results through Wednesday.

Why Is Newmont Stock Surging Friday?
Benzinga36d agoneutral
Why Is Newmont Stock Surging Friday?

Newmont Corporation (NYSE:NEM) stock traded higher Friday as strong gold prices and a board appointment supported sentiment around the gold miner. Nasdaq futures rose 0.76%, while S&P 500 futures gained 0.46%.Record Gold Prices Support NewmontSpot gold traded above $4,500 an ounce Friday and headed for a third consecutive weekly gain, according to Trading Economics.Investors turned to safe-haven assets amid volatility in currency and bond markets. Higher oil prices also fueled inflation concerns

Samsung Plots Mega Buyback After AI Windfall
The Wall Street Journal36d agoneutral
Samsung Plots Mega Buyback After AI Windfall

$79 Billion That's roughly how much Samsung could distribute under its new share buyback at current exchange rates. The Korean memory-chip maker said it will buy back 90 trillion won to 110 trillion won of shares as it benefits from the artificial-intelligence boom.

Exclusive-Dutch regulator fines Uber $966 million for automating driver suspensions, document shows
Reuters36d agoneutral
Exclusive-Dutch regulator fines Uber $966 million for automating driver suspensions, document shows

The Dutch Data Protection Authority (AP) has decided to fine Uber €825 million ($966 million) under European data protection rules ‌for deactivating driver accounts through automated systems without adequately informing them, ‌according to an August 17 decision reviewed by Reuters. The penalty would be the second-largest ever issued ​under Europe's General Data Protection Regulation, behind a €1.2 billion fine imposed on Meta by Ireland in 2023 for unlawfully transferring European Facebook users' data to the United States, which Meta is appealing. Uber said it would also appeal.

SpaceX shares unlock, and BJ's earnings take center stage
Yahoo Finance Video36d agoneutralVIDEO
SpaceX shares unlock, and BJ's earnings take center stage

Asking for a Trend Host Josh Lipton breaks down what investors should be watching on Friday, August 21, including SpaceX (SPCX), where 319 million currently held shares are set to unlock and become available for trading. BJ's Wholesale Club (BJ) is also set to report second-quarter earnings. Here's what investors need to know heading into Friday's market.

Synaptics CFO Resigns, Company Skips Successor Search Before Merger
Benzinga36d agoneutral
Synaptics CFO Resigns, Company Skips Successor Search Before Merger

Synaptics Inc (NASDAQ:SYNA) shares are up during Friday’s premarket session, trading higher by almost 2% as the company announced a transition in its executive leadership. The stock’s movement comes in tandem with a broader positive sentiment in the market, with S&P 500 futures gaining 0.4%. CFO Transition Synaptics CFO Ken Rizvi has resigned effective immediately to pursue another opportunity. He will remain as an adviser through September 30, 2026, to support the transition. The company will n

Dividend Tourists Find Way To Triple S&P 500's Puny Yield
Investor's Business Daily36d agoneutral
Dividend Tourists Find Way To Triple S&P 500's Puny Yield

Tired of collecting the S&P 500's paltry 0.9% dividend? Prepare to take your money overseas. The rising weight of low-yielding tech giants in the S&P 500 — and rising stock prices — are pushing the index's yield lower.

Walmart Is Playing the Long Game by Lowering Prices
The Wall Street Journal36d agoneutral
Walmart Is Playing the Long Game by Lowering Prices

Walmart’s finance chief had a message Thursday for analysts pressing the company on its decision to cut prices: Give it time. Walmart said it rolled back prices on more than 11,000 items, including ground beef, citing the ongoing strain on consumers of inflation and high gas prices. The move comes after the company received tariff refunds worth about $2.9 billion, which it’s using to fund the price cuts.

Walmart’s E-Commerce Sales Rise as Deliveries Accelerate
The Wall Street Journal36d agoneutral
Walmart’s E-Commerce Sales Rise as Deliveries Accelerate

Walmart said its U.S. e-commerce sales rose 24% in the second quarter, with more than 40% sales growth in deliveries fulfilled at its stores. CEO John Furner said Walmart has now expanded deliveries of 30 minutes or less into 38 U.S. markets. The number of units delivered in less than half an hour has doubled in the current quarter from a year ago, and 70% of all e-commerce orders are getting delivered on the same day or better, CFO John David Rainey said.