TE Connectivity PLC (TEL) reports a 14% revenue increase and a 22% rise in adjusted EPS, driven by strong order levels and strategic acquisitions.
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Philip Morris International Inc (PM) reports robust Q2 performance with significant gains in smoke-free products and plans for increased US market investments.
Moodys Corp (MCO) reports a robust 15% revenue increase and raises full-year guidance amid strategic growth and market challenges.
Palantir Falls as Investors Cash Out Ahead of Critical Earnings Report
Financial planners who serve newly liquid tech employees describe a predictable sequence of freeze, tax shock, real estate temptation, and slow diversification
Vertis is in advanced talks to buy eight road assets from Megha Engineering, valued at about $800 million including debt.
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.
Moby summary of Teledyne Technologies Incorporated's Q2 2026 earnings call
IBM's Q2 prerelease for results last week had already lowered expectations for Wednesday's results.
Moby summary of Moody's Corporation's Q2 2026 earnings call
Investing.com -- International Business Machines Corporation (NYSE:IBM) reported second-quarter results that fell short of analyst expectations, though shares rose 3% as the company had issued a profit warning last week.
Molina healthcare has seen its stock edge down in recent days amid concerns about Medicaid cost pressures.
Senior Business Reporter Brooke DiPalma joins Market Domination Overtime Host Josh Lipton to break down Tesla's (TSLA) second-quarter earnings, with the EV maker reporting $28.24 billion in revenue, up 26% year over year, while adjusted earnings per share came in at $0.33, missing Wall Street expectations.
The stock market took a breather on Wednesday ahead of a gauntlet of major earnings reports. The Dow was essentially flat. With Alphabet, Tesla, and Texas Instruments set to report results after the bell, there wasn’t much movement in markets.
Record deliveries drove a 26% revenue gain, but earnings per share came in well below analyst forecasts and free cash flow turned negative
The semiconductor company posted a quarterly profit of $1.98 billion, up from $1.30 billion a year earlier.
Google parent company Alphabet Inc. posted stronger-than-expected results for its second quarter, a sign that it's massive artificial intelligence spending spree is paying off so far and advertising revenue is coming in strong. Google did not disclose an adjusted earnings figure that's comparable to analysts' expectations, which was $2.88 per share. Google saw a net gain of $98 billion, mainly as a result of gains on its equity investments — mostly in SpaceX, which went public in June.
A closely watched social media addiction lawsuit that had been set to go to trial next week has been dropped after the plaintiff voluntarily dismissed his claims against Meta, leaving none of the major tech companies facing trial in the case.
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.
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.
pipeline operator Kinder Morgan beat Wall Street expectations for second-quarter profit on Wednesday, helped by higher volumes of natural gas transported through its pipelines. pipeline companies are gaining from booming oil and gas output in the Permian Basin and rising natural gas demand due to record LNG exports and surging electricity use from AI operations, cryptocurrency mining and data centers.
ServiceNow reported Q2 earnings and revenue that topped estimates but the software maker's guidance came in slightly below views.
IBM is in "show-me" mode after a challenging few days for the business.
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.
IBM cut its annual revenue growth forecast on Wednesday, days after shocking Wall Street with a warning that corporate spending was shifting toward AI-focused data-center gear at the expense of its software and mainframe computers. The company also missed profit and revenue expectations for the second quarter ended June 30, but executives sought to reassure shareholders that customers prioritized spending on AI in the quarter but were not looking to move away from mainframes in the longer term. CEO Arvind Krishna said last week IBM had "faltered" in adapting and "numerous large deals" had slipped, sending the company's shares down 25%, its steepest one-day fall in more than a century.
Texas Instruments beat Wall Street's targets for the second quarter and guided higher than views for the current period. But TXN stock fell in extended trading.
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 ...
Alphabet topped Wall Street estimates for quarterly cloud revenue growth on Wednesday, as the Google parent benefited from strong demand for its cloud computing services from enterprises worldwide thanks to the AI boom. Revenue at Google Cloud rose 82% to $24.8 billion during the quarter ended June, accelerating from the 63% jump reported in the preceding three months. The third-largest cloud services provider behind Amazon Web Services and Microsoft, Google has seen demand surge as companies race to secure the cloud capacity needed to develop, train and run AI models, helping it land major deals with firms, including Anthropic.
3M beat second-quarter estimates and raised full-year adjusted EPS guidance following its AI infrastructure partnership with Microsoft.