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American Express Q2 Earnings Call Highlights
MarketBeat67d agoneutral
American Express Q2 Earnings Call Highlights

American Express (NYSE:AXP) reported second-quarter results that extended its recent growth momentum, with revenue rising 10% and earnings per share reaching $4.53. The company raised its full-year revenue-growth outlook to 10% while maintaining its EPS forecast of $17.30 to $17.90, saying it plans

Financial Institutions Q2 Earnings Call Highlights
MarketBeat67d agoneutral
Financial Institutions Q2 Earnings Call Highlights

Financial Institutions (NASDAQ:FISI) reported higher second-quarter earnings, loan growth and net interest margin, while raising several full-year profitability targets as commercial lending momentum strengthened across its core Upstate New York markets. Net income available to common shareholders

Charter Communications Q2 Earnings Call Highlights
MarketBeat67d agoneutral
Charter Communications Q2 Earnings Call Highlights

Charter Communications (NASDAQ:CHTR) reported a larger internet customer loss in the second quarter as competitive pressure continued to weigh on new customer additions, while mobile line growth remained strong and video losses improved substantially. The company lost 172,000 internet customers dur

BNSF: New UP-CN deal ‘undermines’ case for merger
FreightWaves67d agoneutral
BNSF: New UP-CN deal ‘undermines’ case for merger

A deal by Union Pacific to win over a key competitor for its merger with Norfolk Southern actually undermines its proposal, says BNSF The post BNSF: New UP-CN deal ‘undermines’ case for merger appeared first on FreightWaves.

American Express Q2 profit rises 8% to $4.53 a share, topping forecasts
Associated Press67d agoneutral
American Express Q2 profit rises 8% to $4.53 a share, topping forecasts

Credit card giant American Express said its second-quarter profits rose 8% from a year earlier, helped by higher spending by its card members, fewer delinquencies and more customers signing up for its premium products like the Platinum Card and Gold Card. The results beat analysts' forecasts, who were looking for AmEx to earn a profit of $4.40 a share, according to FactSet. AmEx continues to benefit from global economic growth that has disproportionately benefited the wealthy and high net worth individuals, as its customer bases skews heavily toward those demographics with the Platinum Card, Gold Card and other high-end credit cards.

Newmont Resources delivers mixed second quarter earnings
Proactive67d agoneutral
Newmont Resources delivers mixed second quarter earnings

Newmont Corporation (NYSE:NEM, TSX:NGT, ASX:NEM, XETRA:NMM) reported mixed results for the second quarter, with revenue falling short of expectations as the company generated record free cash flow and maintained its full-year production guidance. The gold miner reported adjusted earnings of...

EXCLUSIVE: Spotify Deleted 500,000 Fake Malcolm Todd Streams. A Former SEC Lawyer Says the Bots May Have Committed a Federal Crime
Benzinga67d agoneutral
EXCLUSIVE: Spotify Deleted 500,000 Fake Malcolm Todd Streams. A Former SEC Lawyer Says the Bots May Have Committed a Federal Crime

Spotify (NYSE:SPOT) reportedly deleted more than 500,000 fake streams of Malcolm Todd’s “Earrings” after the song shot to the top of the U.S. chart overnight. The suspected motive: a $3 million Kalshi market on June’s most-streamed song. Traders had reportedly priced Todd’s chances below 3% before the surge began, meaning a winning bet paid roughly 30 times its stake. There is no indication Todd or his label were involved. Why Fake Streams May Be A Federal Crime Ashley Ebersole, co-founder and c

Bloomberg67d agoneutral
BlackRock Kicks Off $12.3 Billion Bond Sale for Meta Data Center

(Bloomberg) -- BlackRock Inc. began marketing $12.3 billion of high-grade bonds to fund a Meta Platforms Inc. data center project, testing investor appetite amid growing concerns about excessive AI infrastructure spending. Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandTrump Rebuilds Tariffs With New Levies on 60 EconomiesAlphabet Fall

It's Been a Brutal Week for Bond Markets
The Wall Street Journal67d agoneutral
It's Been a Brutal Week for Bond Markets

The latest escalation in the Middle East conflict has been tough on fixed-income investors. Global government bonds have tumbled this week, sending yields sharply higher, as surging oil prices revived inflation fears.