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Morgan Stanley doubles down on Schwab after earnings
TheStreet72d agoneutral
Morgan Stanley doubles down on Schwab after earnings

Charles Schwab just delivered one of its strongest quarters on record, and the stock still dropped. That disconnect caught Morgan Stanley's attention, prompting the firm to double down on its bullish stance. Schwab reported second-quarter adjusted earnings of $1.62 per share on record revenue of ...

Lilly Stock Is Rising on Plan to Seek Approval for Newest Weight-Loss Drug in 2027
Barrons.com72d agoneutral
Lilly Stock Is Rising on Plan to Seek Approval for Newest Weight-Loss Drug in 2027

Drugmaker Eli Lilly said Thursday that it is on track to seek federal approval for its next-generation obesity drug early next year. Lilly became the first drug company to reach a trillion dollar valuation last fall as sales of its weight loss drugs took off. Among adults with general obesity, the weekly injectable lowered the weight of late-stage trial participants by an average of 28% over 80 weeks at the highest doses tested.

CVS Group Q4 Earnings Call Highlights
MarketBeat72d agoneutral
CVS Group Q4 Earnings Call Highlights

CVS Group (LON:CVSG) said revenue for the financial year ended June 30 exceeded GBP 710 million, up 5.9% from the prior year, as the veterinary services provider used an investor presentation to reiterate its capital allocation policy and outline expected returns from acquisitions and capital invest

General Motors analyst sets new stock price target after earnings
TheStreet72d agoneutral
General Motors analyst sets new stock price target after earnings

General Motors shares are on a heater this week after the automaker reported second-quarter results ahead of expectations and raised its full-year guidance. Despite formidable headwinds, including tariffs and rising gas prices, GM reported a 30% increase in profits year over year. GM's ...

Investing.com72d agoneutral
Did Google and Tesla just break AI trade’s bull case?

Investing.com -- Alphabet burned $5.9 billion in free cash flow in the second quarter of 2026—its first cash burn on record. Tesla burned another $1.1 billion. Together, the two reports have crystallized a fear that has been building all year: Big Tech's AI infrastructure build-out is consuming capital faster than it can generate returns.

Steelmaker Cleveland-Cliffs Surges As Chief Executive Touts Tariffs
The Wall Street Journal72d agobullish
Steelmaker Cleveland-Cliffs Surges As Chief Executive Touts Tariffs

Shares of Cleveland-Cliffs are up about 16% after the steelmaker forecast profits in the back half of the year will be the strongest in five years. Cliffs is the largest producer of steel for the automotive industry. Goncalves said he would consider restarting an idle steel mill in Dearborn, Mich., if automakers commit to relocating more vehicle production to the U.S. from Mexico, Canada or South Korea.

Organon & Co. Shareholders Clear Sun Pharma Merger Deal
MarketBeat72d agoneutral
Organon & Co. Shareholders Clear Sun Pharma Merger Deal

Shareholders of Organon & Co. (NYSE:OGN) approved the company’s proposed merger agreement with Sun Pharmaceutical Holdings USA, Inc. at a virtual special meeting held Wednesday, according to preliminary voting results announced during the meeting. The special meeting was convened solely to cons

Mobileye Global Q2 Earnings Call Highlights
MarketBeat72d agoneutral
Mobileye Global Q2 Earnings Call Highlights

Mobileye Global (NASDAQ:MBLY) reported a largely stable second quarter for revenue while profitability improved sharply, as executives pointed to stronger-than-market EyeQ chip volumes, a new Israeli research and development incentive and an expanded push into robotaxis as key themes for the company

Nasdaq Q2 Earnings Call Highlights
MarketBeat72d agoneutral
Nasdaq Q2 Earnings Call Highlights

Nasdaq (NASDAQ:NDAQ) reported strong second-quarter 2026 results, with executives highlighting broad-based revenue growth across its divisions, record activity in its index and listings businesses, and continued demand for financial technology products tied to market modernization, artificial intell