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Top analyst revamps Google stock price target on key move
TheStreet62d agoneutral
Top analyst revamps Google stock price target on key move

Alphabet reported earnings on July 22 and the stock dropped more than 7% in a single session. The numbers weren't bad. Cloud grew 82% year over year. Advertising held up. EPS beat. What rattled investors was the spending. Capital expenditure guidance for 2026 came in at $195 billion to $205 ...

Centene Q2 Earnings Call Highlights
MarketBeat62d agoneutral
Centene Q2 Earnings Call Highlights

Centene (NYSE:CNC) raised its full-year 2026 adjusted earnings outlook after reporting second-quarter results that exceeded its prior expectations, supported by Marketplace risk-adjustment developments, stronger Medicare performance and continued progress on Medicaid rates. The company reported adj

Investing.com62d agoneutral
Market watchers weigh chances of a surprise Fed rate hike tomorrow

Investing.com -- In just over 24 hours, Kevin Warsh’s Fed will announce its interest rate decision. While the consensus is for the Fed to remain on hold, a growing number of market watchers expect a surprise rate hike. Citadel Securities is one of those outliers, with the firm’s head of macro strategy Frank Flight expecting a 25-basis-point hike. Overall, 32% of market participants expect a hike tomorrow. This is down from yesterday, but up sharply from last week.

Paramount's Warner merger deal faces serious new problem
TheStreet62d agoneutral
Paramount's Warner merger deal faces serious new problem

Paramount Skydance had been pushing to close its $110 billion acquisition of Warner Bros. Discovery by the end of September. It picked the wrong month to be optimistic. A coalition of 12 state attorneys general sued to block the deal on July 13, a federal judge issued a temporary restraining order ...

Boeing Q2 Earnings Call Highlights
MarketBeat62d agoneutral
Boeing Q2 Earnings Call Highlights

Boeing (NYSE:BA) reported second-quarter revenue of $24.6 billion, up 8% from a year earlier, as higher commercial airplane deliveries and increased defense volume lifted results across its three business segments. The company posted a core loss per share of $0.76, an improvement from the prior year

AllianceBernstein Q2 Earnings Call Highlights
MarketBeat62d agoneutral
AllianceBernstein Q2 Earnings Call Highlights

AllianceBernstein (NYSE:AB) reported record assets under management and its strongest quarterly sales in five years during the second quarter of 2026, as fixed-income demand, private-market deployments and insurance-related mandates helped the firm return to positive organic growth. Adjusted earnin

Which Tech Giant Will Blink First on AI Spending?
The Wall Street Journal62d agoneutral
Which Tech Giant Will Blink First on AI Spending?

Investors are practically begging AI’s big spenders to blink. Markets are making the option of pulling in the reins—or at least keeping capital spending steady—tantalizing. Google parent Alphabet’s stock fell almost 7% after it reported quarterly earnings last week that included a $10 billion hike in capital spending to around $200 billion this year.

Meta Earnings On Deck. How High Will Zuckerberg's AI Spending Go?
Investor's Business Daily62d agoneutral
Meta Earnings On Deck. How High Will Zuckerberg's AI Spending Go?

Meta Platforms is set to publish its second-quarter results late Wednesday. For Meta stock, all eyes will be on the tech giant's capital expenditures and Chief Executive Mark Zuckerberg's strategy for that AI spending. "In the wake of (Google's results), the market will be expecting Meta to raise its 2026 capital expenditures outlook from (the prior) $125 billion-$145 billion, and is also expecting Meta to preview a 'significant' increase in capex spend for 2027," Evercore ISI analyst Mark Mahaney said in a client note Sunday.

Robinhood CEO Vlad Tenev says X account was hacked
Reuters62d agoneutral
Robinhood CEO Vlad Tenev says X account was hacked

Robinhood CEO Vlad Tenev said on Tuesday ‌that a hacker had ‌posted fake content about a memecoin ​on his X account after it was compromised last week. "A fraudster socially engineered X customer support ‌to gain ⁠access, bypassing standard security features like 2FA and ⁠login notifications...," Tenev said in a post on X. The account ​was fully ​restored, and ​the post was ‌taken down later that day, Tenev said.

FIFA Explores Stake Sale in New $20 Billion Entity
The Wall Street Journal62d agoneutral
FIFA Explores Stake Sale in New $20 Billion Entity

FIFA, soccer’s highest governing body, is exploring raising more than $4 billion by selling a stake in a new commercial venture. The venture would be valued at around $20 billion and house the group’s broadcast rights, sponsorship, ticketing and licensing businesses across men’s, women’s and youth soccer, FIFA said Tuesday. It said is working with investment bankers at JPMorgan and advisers including OpenEconomics.

Brown & Brown Q2 Earnings Call Highlights
MarketBeat62d agoneutral
Brown & Brown Q2 Earnings Call Highlights

Brown & Brown (NYSE:BRO) reported second-quarter revenue of $1.7 billion, up 30.4% from a year earlier, as acquisition activity and higher contingent commissions helped offset pressure from declining catastrophe-property insurance rates. Chief Executive Officer Powell Brown said the company’s resul

American Tower Q2 Earnings Call Highlights
MarketBeat62d agoneutral
American Tower Q2 Earnings Call Highlights

American Tower (NYSE:AMT) raised its full-year 2026 outlook for the second time this year after reporting second-quarter growth in tower leasing and record leasing activity at its CoreSite data center business. President and CEO Steve Vondran said the company’s performance was supported by “robust

NBT Bancorp Q2 Earnings Call Highlights
MarketBeat62d agoneutral
NBT Bancorp Q2 Earnings Call Highlights

NBT Bancorp (NASDAQ:NBTB) reported second-quarter net income of $53 million, or $1.02 per diluted common share, as record net interest income, loan growth and fee-based revenue contributed to improved results. President and CEO Scott Kingsley said the company delivered “significantly stronger earni