Second quarter sales rose 9% year-over-year to $2.02 billion, with gross profit up 33% and net income of $106.4 million, driven by higher shipments, pricing, and a $73.9 million tariff refund. Segment growth was led by Polaris Powersports, while the Indian Motorcycle divestiture and supply chain ri…
Amkor Technology NASDAQ:AMKR fell 23.78% intraday despite reporting record second-quarter net sales up 26% to $1.90 billion and diluted earnings of $0.70 a share. Analysts were expecting $1.815 billion and $0.48.Gross margin widened to 16.8% from 12.0% a year earlier, operating income more than dou…
Advanced Micro Devices NASDAQ:AMD, a semiconductor company developing processors and AI computing products, fell approximately 4% in premarket trading after signing an agreement with Core Scientific NASDAQ:CORZ, a data-center operator moving from cryptocurrency mining into AI and high-performance c…
ASML NASDAQ:ASML, the Dutch company leading the global market for semiconductor lithography equipment, fell approximately 11% on Tuesday after reports that a state-backed Chinese business had started producing domestic deep-ultraviolet lithography machines. The decline reduced ASML's market value b…
Meta Platforms NASDAQ:META, a technology company operating social-media platforms and developing artificial-intelligence services, announced a roughly $14 billion venture with BlackRock NYSE:BLK, the world's largest asset manager, to develop and operate an AI data center in El Paso, Texas. Funds ma…
David Sobelman disclosed a 33.22% stake in Generation Income Properties, Inc. through a Schedule 13D filing. On July 24, 2026, he agreed to convert $120,000 of debt into 162,163 shares of common stock. The move boosts his ownership to 396,160 shares and tightens alignment with other shareholders.In…
Revenue surged 79% to €894 million in H1 2026, driven by the Iberdrola México acquisition, but net income fell to -€112 million due to higher financial costs and amortization. The group’s net debt rose sharply to €3.3 billion, with 91.8% of sales generated internationally.Original document: Cox Inf…
Net earnings rose 27% year-over-year in Q2 2026, driven by higher net interest income and margin, improved asset quality, and strong deposit growth. A negative provision for credit losses and a $0.4 million loss contingency were notable items.Original document: Auburn National Bancorporation, Inc…
Auburn reported second-quarter 2026 net earnings of $2.3 million, or $0.66 per share, up from $1.8 million, or $0.52 per share, in Q2 2025. Total revenue (net interest income tax-equivalent plus noninterest income) was $8.8 million for the quarter and net interest margin (tax-equivalent) expanded t…
SUN COMMUNITIES INC reported results for the second quarter of 2026 with revenue of $484.6M and a net loss attributable to common shareholders of $992.7M, or diluted loss per share of $(8.08), versus revenue of $495.9M, net income of $1273.6M and diluted EPS of $10.02 in the year‑ago quarter.Financ…
What Happened? Shares of pet food company Freshpet NASDAQ:FRPTjumped 3.6% in the afternoon session after JP Morgan raised its price target on the stock and Oppenheimer noted the company is well-positioned to meet its financial goals. The investment bank maintained its Overweight rating on Freshpet…
What Happened? Shares of tax preparation company H&R Block NYSE:HRBjumped 6.2% in the afternoon session after Stephens & Co. initiated coverage on the company with an Equal-Weight rating and a $47 price target. An Equal-Weight rating suggests the analyst believes the stock is fairly valued compared…
What Happened? Shares of insurance brokerage firm Brown & Brown NYSE:BRO jumped 5% in the afternoon session after the company reported second-quarter results that saw investors look past a slight revenue shortfall and focus on strong year-over-year growth and in-line earnings. The insurance brokera…
What Happened? Shares of online new and used car marketplace Cars.com NYSE:CARS jumped 6.6% in the afternoon session after a positive forecast for the U.S. auto market indicated the strongest new-vehicle sales pace of 2026 for July. According to a forecast from Cox Automotive, July's seasonally adj…
Severe capital expenditure plans by tech industry hyperscalers like Amazon.com Inc. (AMZN) Alphabet Inc. (GOOGL,GOOG) and Microsoft Corp. (MSFT) will ultimately produce substantial financial rewards despite recent market hesitation, according to a research report from Morgan Stanley.Led by analyst…
Nvidia NASDAQ:NVDA, a leading designer of AI processors and data-center systems, has reportedly signed leases worth as much as $50 billion for Hut 8 NASDAQ:HUT, a digital-infrastructure company developing large-scale computing facilities, at its Beacon Point campus in Texas. The Financial Times ide…
Credit risk across several of the world's largest AI companies has climbed to record levels as investors grow more concerned about the debt needed to fund data centres, chips and advanced models.Credit default swap spreads tied to Alphabet NASDAQ:GOOGL, Amazon NASDAQ:AMZN, Meta NASDAQ:META, Nvidia…
American Tower NYSE:AMT, a real-estate investment trust owning communications towers and data-center properties, raised its 2026 outlook Tuesday after record leasing at CoreSite supported stronger second-quarter results. Total revenue increased 4.7% to $2.75 billion, while property revenue advanced…
Q2 2026 saw a net loss of $(992.7) million due to a $1.1 billion non-cash charge from the UK business sale, while Real Property NOI grew 8% year-over-year and Core FFO per share rose to $1.84. The company repurchased 1.4 million shares and maintained strong occupancy and liquidity.Original document…
What Happened? Shares of biopharma manufacturing company Repligen Corporation NASDAQ:RGENjumped 14.6% in the afternoon session after the company reported second-quarter results that beat analyst expectations and raised its full-year forecast.The company posted adjusted earnings of $0.54 per share…
