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Nu Holdings posts earnings miss, revenue beats forecasts
Latin America's largest digital bank reported second-quarter results that fell short of profit expectations despite revenue growth.
OpenAI’s revenue run rate exceeds $40 billion, Bloomberg reports
Revenue surge driven by AI services and enterprise demand, Bloomberg cites people familiar with the matter. Valuation discussions intensify amid growth.
York Space Systems Q2 2026 outlook cut weighs on shares after strong execution
York Space Systems reported strong second-quarter execution but reduced its 2026 guidance, sending shares lower despite operational progress.
USD/JPY tests Japan’s suspected FX intervention line as carry demand rises
Japanese yen’s decline against the dollar approaches levels that previously prompted suspected currency intervention, while rising global interest rates fuel demand for higher-yielding assets.
Baltimore sues Kalshi over alleged illegal sports betting via prediction markets
City alleges prediction market platform operated unlicensed sports wagering in violation of state gambling laws; Robinhood, Webull and Coinbase named as partners.
Fitch affirms U.S. sovereign credit rating at AA+ with stable outlook
Rating agency Fitch maintains the U.S. government's top-tier credit rating, citing fiscal resilience despite elevated debt levels and political uncertainty.
Gossamer Bio posts earnings beat, revenue exceeds estimates
Biopharma firm Gossamer Bio reported adjusted earnings per share above forecasts, with revenue also surpassing analyst projections for the quarter.
Winnebago to close two U.S. factories, consolidate manufacturing
Recreational vehicle maker Winnebago Industries plans to shutter two facilities and shift production to other sites as part of a restructuring effort to improve efficiency.
AIG introduces parametric cloud outage insurance product
Insurer AIG unveils a first-of-its-kind parametric insurance solution designed to cover financial losses from cloud service disruptions. The product targets enterprises reliant on cloud infrastructure.
The Trade Desk shares climb on strong ad-tech demand
Stock rises after earnings beat and upbeat outlook for connected TV advertising, lifting programmatic ad platform amid broader tech rebound.
Workday shares jump on Silver Lake buyout talks report
Workday stock rose sharply after a report suggested private equity firm Silver Lake was exploring a potential buyout. Shares gained over 10% in premarket trading.
CSN posts Q2 2026 earnings beat, shares rise
Brazilian steelmaker Companhia Siderúrgica Nacional reported second-quarter 2026 results that exceeded market expectations, lifting shares in early trade.
AMS shareholders approve H.B. Fuller acquisition proposal
Dutch sensor maker AMS approves $1.4 billion takeover by adhesives firm H.B. Fuller, marking a strategic expansion in industrial materials.
Cerebras enables OpenAI’s GPT-5.6 Sol ultrafast mode at 750 tokens/sec
AI chipmaker Cerebras Systems integrates its hardware with OpenAI’s latest model to deliver real-time inference at unprecedented speed.
Anterix says spectrum scarcity boosts spectrum asset value
Wireless spectrum assets gain value as scarcity drives demand at Oppenheimer conference.
Databricks IPO valuation seen at $190 bln with 80% growth
Data cloud leader Databricks is eyeing a $190 billion valuation in a potential IPO, with revenue growth exceeding 80% as investors draw parallels with Snowflake’s market debut.
Top US large-caps boast fortress balance sheets with AAA ratings
A review of the largest U.S. companies with the highest credit ratings, highlighting their strong financial positions and low default risk.
Ferrovial to delist shares from Euronext Amsterdam
Spanish infrastructure group Ferrovial plans to remove its shares from trading on Euronext Amsterdam, citing low liquidity and cost efficiency.
Boston Pizza fund reports record Q2 2026 sales
Quarterly revenue surpasses prior highs as Canadian casual dining chain cites strong demand and operational efficiencies.
Pan American Silver Q2 2026 slides show strong cash flow, profit miss
Silver miner posts robust quarterly cash flow despite underwhelming profit figures, signaling operational strength amid market volatility.
Citgo Petroleum posts $936 million Q2 profit
U.S. refiner’s quarterly earnings surge as refining margins widen amid stable crude supply. Results reflect industry rebound from pandemic-era lows.
U.S. aircraft carrier USS George Washington deployed to Middle East
Deployed following the longest continuous deployment of USS Abraham Lincoln at 265 days, marking a shift in regional naval operations.
Peru’s central bank holds rates steady, sees no need for hikes
The Peruvian central bank maintained its benchmark rate at 6.25% as inflation remains within target and growth outlook stabilizes.
FirstCry Q1 FY27 revenue rises 13% but margins remain under pressure
Indian e-commerce firm FirstCry reports a 13% year-on-year revenue increase for Q1 FY27, though profitability continues to face headwinds from rising costs.