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Bloomberg59d agoneutral
‘Talk Is Cheap’: Wall Street Delivers Harsh Verdict on Warsh Fed

(Bloomberg) -- It had been just six weeks since Federal Reserve Chairman Kevin Warsh vowed to reestablish the central bank’s reputation as an inflation fighter. But as he took to the podium to explain why the Fed again sat on the fence Wednesday — and held interest rates steady even as consumer prices keep rising far faster than its target, month after month — Wall Street analysts found the message far from reassuring.Most Read from BloombergUS Strikes Iran Again as Conflict Spreads Across Middl

Norwegian Cruise Line Faces Soft Demand, Trims Guidance
The Wall Street Journal59d agoneutral
Norwegian Cruise Line Faces Soft Demand, Trims Guidance

The less-optimistic outlook reflects softer booking patterns, related in part to the conflict in the Middle East but also to efforts to overhaul the company’s marketing and revenue management. Norwegian said those factors will contribute to a nearly 5% decline in its net yield, suggesting that a more cost-conscious approach isn’t making up for the fact that ships aren’t filling with enough passengers.

Meta's AI Spending Faces Wall Street Test
Bloomberg59d agoneutralVIDEO
Meta's AI Spending Faces Wall Street Test

Meta's AI spending is under intense scrutiny after a softer outlook. MoffettNathanson analyst Michael Nathanson explains why investors no longer want promises they want proof. Michael Nathanson joins Bloomberg Open Interest to break down Meta's unclear AI infrastructure strategy, the risk of massive capex, and why the company's metaverse history is making Wall Street far less patient this time. Correction: This video has been edited to update a graphic with correct analyst disclosures.

Microsoft's Post-Earnings Pop Offsets Dow Laggards
Barrons.com59d agoneutral
Microsoft's Post-Earnings Pop Offsets Dow Laggards

The Dow is up on the day despite 21 of its components trading lower. The nine components in the green were doing the heavy lifting, driving the blue chip index's 0.3%, or 151 point, rise. One of the Dow's heaviest-weighted components saw gains that helped offset the majority of underlying stocks falling.

Climb Global Solutions Q2 Earnings Call Highlights
MarketBeat59d agoneutral
Climb Global Solutions Q2 Earnings Call Highlights

Climb Global Solutions (NASDAQ:CLMB) reported second-quarter results marked by higher gross billings, sales and gross profit, while net income and adjusted EBITDA declined as the company absorbed acquisition-related costs and increased investments in technology infrastructure. For the quarter ended

American Electric Power Q2 Earnings Call Highlights
MarketBeat59d agoneutral
American Electric Power Q2 Earnings Call Highlights

American Electric Power (NASDAQ:AEP) raised its 2026 operating earnings guidance after reporting second-quarter operating earnings of $1.36 per share, or $742 million, as the utility highlighted rising contracted large-load demand, regulatory progress and an expanding pipeline of generation and tran

Scale AI taps former Google Cloud executive as CEO
Reuters59d agoneutral
Scale AI taps former Google Cloud executive as CEO

Scale AI said on Thursday it had named former Google Cloud executive Francis DeSouza as ‌chief executive officer, effective August 10, as the ‌AI company looks to expand its data and applications businesses. DeSouza will succeed Jason ​Droege, who has served as interim CEO since June last year. Droege will work with deSouza in the coming months to support the transition, Scale said.

GuruFocus.com59d agoneutral
Banco Bilbao Vizcaya Argentaria SA (BBVA) (Q2 2026) Earnings Call Highlights: Record Profit and ...

For the complete transcript of the earnings call, please refer to the full earnings call transcript. Banco Bilbao Vizcaya Argentaria SA (NYSE:BBVA) delivered record net attributable profit of 3.062 billion in Q2 2026, up 11.4% year-over-year, driven by strong core revenue growth. Loan growth remained robust at 17.7% year-over-year in constant euros, with strong performance in key markets like Spain (7.4%) and Mexico (close to 10%), supported by profitable segments like consumer and credit cards.

⚡Flash Heard: AI Splurge Worries Investors—But Drives Chip Stock Rebound
The Wall Street Journal59d agoneutral
⚡Flash Heard: AI Splurge Worries Investors—But Drives Chip Stock Rebound

The picks and shovels of the AI boom are still hard at work. Alphabet last week and Meta Platforms yesterday raised their capital-spending plans for this year and suggested more was to come in 2027. Microsoft also painted a picture of lavish AI spending ahead last night, although an accounting change resulted in a reduction to its nominal total for the year.

Apple Earnings: What to Expect Today
The Wall Street Journal59d agoneutral
Apple Earnings: What to Expect Today

Here are some themes investors will be looking at when Apple reports earnings this afternoon: Will memory costs take a bite out of profits? Analysts are projecting Apple’s product gross margins will come in at 36.

Carvana Sinks on Forecast; Chipotle Raises Guidance | Stock Movers
Bloomberg59d agoneutralVIDEO
Carvana Sinks on Forecast; Chipotle Raises Guidance | Stock Movers

On this episode of Stock Movers: - Carvana (CVNA) is sinking after the online car retailer gave an annual adjusted Ebitda forecast with a midpoint below analyst estimates. - Chipotle (CMG) and Starbucks (SBUX) raised their guidance after stronger-than-expected quarters, with sales bolstered by new menu items and revamped loyalty programs. - Crocs (CROX) shares are sinking after a soft outlook for this quarter pointed to a weak second half, pushing some investors to sell following a big rally in the company's shares this year.

💬Money Quote: Railway Merger Diss
The Wall Street Journal59d agoneutral
💬Money Quote: Railway Merger Diss

📣 "That does not resonate with the customer when you tell them they have fewer options...they have the memories and the trauma of the prior consolidations in this industry. And some of the worst trauma, I'm sorry, [Union Pacific], you caused it.

ICE Reports Strong Second Quarter as Earnings Top Expectations
InvestorsHub59d agoneutral
ICE Reports Strong Second Quarter as Earnings Top Expectations

Intercontinental Exchange Inc. (NYSE:ICE) delivered second-quarter results that exceeded Wall Street’s earnings expectations while matching revenue forecasts, supported by continued growth across each of its three operating divisions.