Business

Figure Technologies beats Q2 2026 EPS forecast as growth accelerates
Fintech firm Figure Technologies reported second-quarter earnings that exceeded analyst expectations, driven by stronger-than-anticipated revenue growth.

Europe's tourism sector hit by extreme heat, wildfires
Record temperatures and wildfires disrupt travel plans as tourists seek cooler destinations and flexible options. Industry faces rising costs and operational challenges.

Lemonade CEO says growth and profit are aligned at Oppenheimer conference
Insurance-technology firm Lemonade told investors at the Oppenheimer conference that its expansion strategy is designed to drive profitability, not just revenue.

Bernhard Capital Partners acquires New Mexico Gas unit
Private equity firm Bernhard Capital Partners finalizes acquisition of New Mexico Gas Company from Emera for an undisclosed sum. Deal expands firm's energy infrastructure portfolio.

Samsonite H1 2026 sales rise as margins expand
Luggage maker reports higher-than-expected revenue growth and improved profitability in first half of 2026.

IBAT reports higher Q1 2027 revenue as losses narrow
First-quarter revenue rises while net losses shrink, according to the bank's earnings call transcript.

Legence Q2 2026 earnings miss sends shares down 6.3%
Healthcare services provider Legence reported adjusted EPS below expectations for Q2 2026, with shares sliding 6.3% amid weak outlook guidance.

Brookfield reports mixed Q2 2026 earnings as shares slip
Asset manager posts uneven revenue growth and profit miss in latest quarter, with stock declining on weak outlook despite dividend increase.

M-tron Electronics Q2 2026 earnings miss EPS, revenue beats estimates
M-tron Electronics reported adjusted Q2 2026 earnings per share below expectations while revenue exceeded analyst forecasts.

Ellington Credit misses Q2 2026 estimates but sees NAV rise
Ellington Credit reported Q2 2026 earnings below estimates while net asset value increased, according to its earnings call transcript.

Bank of America to acquire up to 49.9% stake in Jio Credit for $1.92bn
Deal marks Bank of America's first direct investment in India's digital lending sector. Transaction values Jio Credit at $3.84bn.

Avino Silver & Gold misses Q2 2026 earnings forecasts
Mineral exploration company Avino Silver & Gold reports lower-than-expected Q2 2026 results, citing operational challenges and weaker metal prices.

SMU posts modest Q2 2026 profit decline despite revenue growth
Steel manufacturer SMU reported a slight drop in quarterly profit for Q2 2026 even as revenue edged higher, according to a transcript of its earnings call.

PeptiDream narrows H1 2026 loss as pipeline advances
Japanese biotech firm reports reduced first-half deficit amid progress in drug development programs. Outlook revised on pipeline expansion.

L3Harris opens $6M maritime facility in Rhode Island
Defense contractor expands Rhode Island operations with new $6 million maritime training and testing center.

Walt Disney CEO, Jared Kushner to buy Lakers for $12.5 billion
Record deal would make the NBA franchise the most expensive sports team ever acquired, pending league approval.

Blend Labs says AI underwriting gaining traction at Canaccord event
AI-powered underwriting tools show early signs of adoption as Blend Labs highlights progress at Canaccord Growth Conference.

Advantage Solutions highlights cash flow focus at Canaccord conference
Company executives emphasize liquidity and operational efficiency amid growth strategy discussions at investor event.

Emera completes sale of New Mexico Gas Company unit
Canadian utility divests gas distribution business in strategic shift. Proceeds to reduce debt and fund growth investments.

Voya Financial outlines cash flow, growth strategy at Canaccord conference
Executives at Voya Financial discuss financial performance and strategic priorities during a Canaccord Genuity conference presentation.

TuHURA outlines late-stage pipeline progress at Canaccord conference
Company highlights advancements in its late-stage drug development programs during investor presentation.

RingCentral says AI boosts margins and voice unit growth
The cloud communications firm told investors at the Oppenheimer conference that artificial intelligence is improving profitability and driving demand in its voice segment.

Uber explores ride service for children aged 10 and up
Company seeks to expand into family transport amid regulatory and safety considerations.

PodcastOne Q1 2026 EPS beats estimates but shares drop on weak outlook
Audio platform operator reports better-than-expected earnings per share for the quarter but warns of soft demand and rising costs, sending shares lower.

CoreWeave earnings: key takeaways and upcoming catalysts
AI infrastructure provider CoreWeave’s latest earnings report raises questions on profitability and growth trajectory as investors await next catalysts.

