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Intel's Q2 earnings blow past Wall Street's estimates, with an upbeat Q3 outlook to boot
Yahoo Finance Video72d agobullishVIDEO
Intel's Q2 earnings blow past Wall Street's estimates, with an upbeat Q3 outlook to boot

Intel (INTC) reported impressive second quarter results on Thursday after the closing bell. Earnings per share (EPS) came in at $0.42 (compared to analyst estimates of $0.21), and revenue came in at $16.1 billion (compared to analyst estimates of $14.43 billion). Yahoo Finance's Josh Lipton takes a closer look at the breaking numbers.

SoFi (SOFI) Brings SpaceX IPO Access As Big Bank Earnings Support Lending
Simply Wall St.72d agoneutral
SoFi (SOFI) Brings SpaceX IPO Access As Big Bank Earnings Support Lending

Major U.S. banks recently reported strong earnings, signaling resilient credit and deposit activity across the sector. SoFi Technologies (NasdaqGS:SOFI) is drawing attention for its involvement in providing retail access to the highly anticipated SpaceX IPO. These developments spotlight both the health of core banking activity and the distinct features of SoFi’s retail investing platform. For SoFi Technologies, which combines digital banking, lending, and investing under one platform,...

Freeport-McMoRan Q2 Earnings Call Highlights
MarketBeat72d agoneutral
Freeport-McMoRan Q2 Earnings Call Highlights

Freeport-McMoRan (NYSE:FCX) executives said the copper producer’s second-quarter 2026 results reflected “progress” across its major operating regions, citing better-than-forecast copper sales and unit cash costs, a continuing recovery at the Grasberg Block Cave mine in Indonesia and stronger perform

Intel sales, profit forecast beat estimates, boosts spending plans on AI boom
Reuters72d agobullish
Intel sales, profit forecast beat estimates, boosts spending plans on AI boom

Intel forecast quarterly profit and revenue above estimates on Thursday, boosting its spending plans over the next two years as an AI data center buildout increases demand for its central processing units (CPUs). Shares of Intel, which ‌closed down 2.3% on Thursday, rose 5% in after-hours trading. Adjusted profit is expected to be 38 cents per share, compared with analyst estimates of 27 cents.

Crocs price target boosted by Bank of America ahead of Q2 earnings
Proactive72d agoneutral
Crocs price target boosted by Bank of America ahead of Q2 earnings

Crocs, Inc. (NASDAQ:CROX) has received a higher price target from Bank of America ahead of its second-quarter earnings report, with the firm reiterating its ‘Buy’ rating and raising its target to $160 from $145 on expectations that sustained direct-to-consumer (DTC) growth in North America could...

Oil executives rush to complete contract migration in Venezuela, sources say
Reuters72d agoneutral
Oil executives rush to complete contract migration in Venezuela, sources say

CARACAS, July 23 (Reuters) - Venezuela's oil ministry has told partners of state energy company PDVSA that it will maintain the July 28 deadline it had set to ‌migrate oil and gas contracts to a new legal framework approved in January, rushing executives to ‌complete the negotiation of terms, four sources close to the talks said. Venezuela's National Assembly in late January approved a sweeping reform of the ​hydrocarbons law, the backbone of the country's energy industry, offering autonomy for

Super Micro’s 20% surge reveals what AI investors want
TheStreet72d agobullish
Super Micro’s 20% surge reveals what AI investors want

Super Micro Computer (SMCI) just offered investors a reason to overlook its stalling revenue growth. Shares of the artificial-intelligence server maker jumped more than 20% after it gave a preliminary update on its fiscal fourth quarter. The sharp uptick came after surprise upward revisions to ...

Cleveland-Cliffs Q2 Earnings Call Highlights
MarketBeat72d agoneutral
Cleveland-Cliffs Q2 Earnings Call Highlights

Cleveland-Cliffs (NYSE:CLF) said it returned to positive free cash flow in the second quarter of 2026 and expects a substantially stronger second half of the year, driven by higher steel prices, improved automotive demand, lower costs and higher shipment volumes. Chairman and CEO Lourenco Goncalves

Norfolk Southern’s earnings rise with volume gains
FreightWaves72d agoneutral
Norfolk Southern’s earnings rise with volume gains

Norfolk Southern posted Q2 earnings that saw operating income rise 5% on revenue that was 11% higher. The post Norfolk Southern’s earnings rise with volume gains appeared first on FreightWaves.

Analyst cuts Coinbase price target 40% ahead of Q2 earnings
TheStreet72d agobearish
Analyst cuts Coinbase price target 40% ahead of Q2 earnings

On July 23, Citi lowered its target to $235 from $400, a roughly 41% reduction, while reiterating its Buy rating. The move follows a similar downgrade from JPMorgan on July 17, which cut its target to $196 from $283 while keeping an Overweight rating. Coinbase is scheduled to report Q2 ...

Fortinet heads into earnings with product growth in the spotlight
Proactive72d agoneutral
Fortinet heads into earnings with product growth in the spotlight

Fortinet Inc (NASDAQ:FTNT) is set to report its second quarter results on July 29, with Jefferies analysts highlighting that the company needs to show an acceleration in product revenue growth to support investor confidence in the durability of its recent performance. The firm expects solid...

Verizon shuts down longtime customer support option after layoffs
TheStreet72d agobearish
Verizon shuts down longtime customer support option after layoffs

Verizon is discontinuing a customer support option it has offered for 18 years, a move that comes after recently announcing a series of layoffs. The carrier has undergone a transformation under new CEO Dan Schulman in recent months as it works to slow customer losses in its wireless business. This ...

Eric Trump-backed Foundation partners with AMD to develop humanoid robots
Reuters72d agoneutral
Eric Trump-backed Foundation partners with AMD to develop humanoid robots

Eric Trump-backed Foundation Future Industries said on Thursday it is partnering with AMD ‌to use its chips to co-develop autonomous humanoid robots ‌for military and industrial use. The son of U.S. President Donald Trump has ​been an investor in the start-up since early this year and serves as chief strategy advisor, the company said. The Trump family's investments in several companies have drawn scrutiny, particularly its stakes in ‌defense firms that regularly ⁠compete for government contracts, raising concerns about potential conflicts of interest.