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IBM (IBM) Matches Q2 Earnings Estimates
Zacks68d agoneutral
IBM (IBM) Matches Q2 Earnings Estimates

IBM (IBM) delivered earnings and revenue surprises of 0.00% and -0.03%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Tesla's 'ChatGPT moment' will be here in the next 5 years: Earnings takeaways
Yahoo Finance Video68d agoneutralVIDEO
Tesla's 'ChatGPT moment' will be here in the next 5 years: Earnings takeaways

Tesla (TSLA) reported second quarter results on Wednesday after the closing bell. Adjusted earnings per share (EPS) came in at $0.33 (compared to analyst estimates of $0.51), and revenue came in at $28.24 billion (compared to analyst estimates of $26.32 billion). ARK Invest director of investment analysis and institutional strategies, Tasha Keeney, shares her thoughts on the earnings results and the company's Robotaxi trajectory.

U.S. Stocks Stall as Oil Extends Gains
The Wall Street Journal68d agoneutral
U.S. Stocks Stall as Oil Extends Gains

U.S. stocks were little changed Wednesday as oil prices extended gains, while investors braced for a wave of major earnings. The S&P 500 slipped 10.24 points, or 0.14%, to 7498.96, while the Nasdaq Composite lost 146.30 points, or 0.57%, to 25690.90. Traffic at the Strait of Hormuz remained at less than 10% of its prewar levels.

European Union gives its greenlight to Paramount and Warner's mega merger with some conditions
Associated Press68d agoneutral
European Union gives its greenlight to Paramount and Warner's mega merger with some conditions

The European Union approved Paramount's $81 billion takeover of Warner Bros. Discovery this week, effectively clearing another regulatory hurdle for a mega merger that could vastly reshape the entertainment and media landscape worldwide. The European Commission — which serves as the EU's antitrust enforcer — said that even with a Paramount-Warner combo, enough competitors would exist across markets like film production and streaming in its 27-nation bloc. To address this, the Commission said Skydance-owned Paramount agreed to end its European Economic Area stake in United International Pictures — a longstanding venture with another major studio, Universal, that Paramount has used to distribute films in theaters outside North America.

Alphabet earnings out: The biggest takeaways for investors
Yahoo Finance Video68d agoneutralVIDEO
Alphabet earnings out: The biggest takeaways for investors

Market Domination Overtime Host Josh Lipton welcomes Senior Business Reporter Brooke DiPalma and Markets and Data Editor Jared Blikre to share breaking news of Alphabet's (GOOGL, GOOG) latest earnings results, highlighting the key numbers and what the report means for the tech giant's outlook.

ServiceNow raises annual subscription revenue forecast again on AI-driven demand
Reuters69d agoneutral
ServiceNow raises annual subscription revenue forecast again on AI-driven demand

ServiceNow on Wednesday raised its forecast for annual subscription revenue for the second time after beating second-quarter revenue ‌and profit estimates, driven by growing demand for its AI-powered software. Shares ‌of ServiceNow rose over 5% in volatile extended trading. The results come as software giants are grappling with concerns of a "SaaSpocalypse" - a term reflecting the gloom around software-as-a-service companies amid growing capabilities of new AI tools provided by startups like OpenAI and Anthropic.

Rocket Lab just landed a $266 million rocket deal
TheStreet69d agoneutral
Rocket Lab just landed a $266 million rocket deal

Rocket Lab built its name launching small rockets from a remote pad in New Zealand, a company founded by Peter Beck in 2006 with a fraction of the budget of its bigger rivals. Lately, its biggest headlines have come from a rocket that has not flown yet. Neutron, the medium lift vehicle designed to ...

Jack Dorsey's Block launches Slack rival
TheStreet69d agoneutral
Jack Dorsey's Block launches Slack rival

Block, Inc. (NYSE: XYZ), the Bitcoin (BTC)-centric financial technology company founded by Jack Dorsey, launched a new platform called Buzz on July 21. Built on the Nostr protocol, Buzz is a free, decentralized, and open-source platform where employees and artificial intelligence ...

Unity gets a Wall Street vote of confidence ahead of Q2 earnings
Proactive69d agoneutral
Unity gets a Wall Street vote of confidence ahead of Q2 earnings

Unity Software Inc (NYSE:U) is drawing renewed optimism from Wall Street ahead of its second-quarter earnings. Wedbush is raising its price target on the stock to $36 as Unity works through a significant business transition. The company's ironSource Ad Network is being sunset effective April...