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JD.com Q2 Earnings Call Highlights
MarketBeat44d agoneutral
JD.com Q2 Earnings Call Highlights

JD.com (NASDAQ:JD) reported a 2.9% year-over-year decline in second-quarter revenue to RMB 346 billion, as sales of electronics and home appliances faced comparisons against a high prior-year base and pressure from rising upstream component costs. Despite the revenue decline, the company reported st

Google unveils Gemini 3.7 Flash AI model for coding, agent workflows
Reuters44d agoneutral
Google unveils Gemini 3.7 Flash AI model for coding, agent workflows

Alphabet's Google launched Gemini 3.7 Flash on Thursday, its latest AI model designed for software coding and automated business tasks, but offered ‌no details on when its flagship Pro model will be released. Investors have been ‌closely watching for Gemini 3.5 Pro, Google's premium model, as a test of whether its DeepMind AI unit can ​keep pace with rivals Anthropic and OpenAI. Google had said in July Gemini 3.5 Pro was being tested with partners and would be coming "soon".

Wall Street week ahead: Home Depot and Walmart report earnings, minutes of Fed meeting are released
Associated Press44d agoneutral
Wall Street week ahead: Home Depot and Walmart report earnings, minutes of Fed meeting are released

Wall Street will get financial updates from some of the nation's biggest retailers this week, along with more details from the Federal Reserve's most recent meeting. Home Depot reports its latest results on Tuesday, followed by Target and Lowes on Wednesday, and then Walmart on Thursday. The ongoing U.S. war with Iran prompted a surge in oil prices, which jolted gasoline prices.

Masco (MAS): Buy, Sell, or Hold Post Q2 Earnings?
StockStory44d agoneutral
Masco (MAS): Buy, Sell, or Hold Post Q2 Earnings?

Masco currently trades at $75.17 per share and has shown little upside over the past six months, posting a small loss of 1.7%. The stock also fell short of the S&P 500’s 11.7% gain during that period.

Intel's $20 billion stock sale has surprising upside
TheStreet44d agoneutral
Intel's $20 billion stock sale has surprising upside

Intel (INTC) priced a $20 billion stock offering this week, one of the largest equity raises in the history of the chip industry. Shares fell nearly 4% when the deal was first announced, the kind of sell-off dilution almost always produces, according to CNBC. But at Bank of America, longtime ...

Hacking group claims mass data theft from Shell, Philips, GE, Fiserv and dozens of others
Reuters44d agoneutral
Hacking group claims mass data theft from Shell, Philips, GE, Fiserv and dozens of others

A prolific hacking group known for exploiting software vulnerabilities to attack multiple targets simultaneously claimed it had stolen large volumes of data from nearly ‌50 companies worldwide, including Philips, Shell, Fiserv and GE, according to a posting on the ‌group's website. Philips said it had been targeted by Cl0p while Shell said it was aware of a recent "possible incident", confirming an ​earlier report on Thursday by Dutch media outlet BNR. "We are working with our security teams and relevant experts to investigate the situation," a Shell spokesperson said.

Battle of the briefs: UP-NS fires back at AGs anti-merger letter
FreightWaves44d agoneutral
Battle of the briefs: UP-NS fires back at AGs anti-merger letter

Union Pacific and Norfolk Southern turn to former federal anti-trust officials to refute claims by red state Attorneys General opposing their transcontinental rail merger. The post Battle of the briefs: UP-NS fires back at AGs anti-merger letter appeared first on FreightWaves.

Figure Technology Solutions Q2 Earnings Call Highlights
MarketBeat44d agoneutral
Figure Technology Solutions Q2 Earnings Call Highlights

Figure Technology Solutions (NASDAQ:FIGR) reported second-quarter results marked by triple-digit growth in consumer loan marketplace volume, expanding adoption of its Figure Connect tokenized loan marketplace and a higher share of fee-based revenue. Consumer loan marketplace volume reached $4.3 bil

Bit Digital Q2 Earnings Call Highlights
MarketBeat44d agoneutral
Bit Digital Q2 Earnings Call Highlights

Bit Digital (NASDAQ:BTBT) reported second-quarter revenue of $32.1 million, up 15% sequentially, as cloud services growth helped offset lower Ethereum staking and bitcoin mining revenue. The company also outlined a capital-allocation strategy centered on its Ethereum holdings and its majority intere

AMD looks to raise $4 billion to $5 billion in debt offering, source says
Reuters44d agoneutral
AMD looks to raise $4 billion to $5 billion in debt offering, source says

Advanced Micro Devices on Thursday launched a four-part debt ‌offering that could raise between $4 billion ‌and $5 billion, according to terms reviewed by Reuters, as the ​chipmaker looks to fund general corporate purposes and potentially repay existing debt. The offering includes senior unsecured notes due in 2029, 2031, 2033 and ‌2036. Initial price discussions ⁠were set at about 70 basis points over U.S. Treasuries for the ⁠3-year notes, 90 basis points for the 5-year tranche, 100 basis points for the 7-year ​notes and ​115 basis points for ​the 10-year debt.