Shares of Nike Inc. (NKE) fell nearly 3% on Wednesday afternoon after analysts raised concerns over the company’s decision to end online distribution through several China partners.Nike said it is reshaping its approach in Greater China to create a more unified shopping experience, with plans to co…
President Donald Trump has said generic drug manufacturers must move production to the United States or face a 100% import tariff from August 2028, with the levy set to rise to 200% in August 2029. The proposal is aimed at bringing more generic pharmaceutical manufacturing onshore, but it could pla…
Amazon (AMZN, Financials) has been slashing jobs in its artificial general intelligence group as it reconsiders its AI development endeavors.The organization is focused on huge models and autonomous agents, such as Amazon Nova Act, a tool that helps companies construct systems that can explore webs…
Nvidia NASDAQ:NVDA shares rose about 2% on Wednesday after Bank of America projected the global server central processing unit market could expand to roughly $170 billion by 2030 as artificial intelligence infrastructure spending accelerates.Bank of America reiterated its Buy rating and $350 price…
New flat-fee offering equips parents with the legal authority most don't realize they lose the day their child becomes an adult.SARASOTA, FL / ACCESS Newswire / July 22, 2026 / Berlin Patten Ebling, a full-service Florida law firm with offices across the Gulf Coast, today announced the launch of it…
Cathay Pacific Airways (CPCAY), a Hong Kong carrier, has projected a sharp rise in first-half profit as strong passenger and cargo demand helped offset pressure from higher oil prices linked to the Iran conflict. The company expects net income of between HK$6 billion ($765 million) and HK$6.5 billi…
Equinor NYSE:EQNR, a Stavanger-based Norwegian energy company, reported second-quarter earnings above expectations as higher production and stronger European natural gas prices supported its trading business. Adjusted net income after tax increased to $3.44 billion, exceeding the $3.36 billion aver…
Advanced Micro Devices NASDAQ:AMD, a semiconductor company competing in artificial intelligence computing, has agreed to invest up to $5 billion in Anthropic, the AI developer behind Claude, as the companies expand their relationship through a major chip deployment. Under the agreement announced We…
Record Q2 results with 6% revenue and 17% EBITDA growth year-over-year, led by strong performance in Mexico, Europe, and Latin America. Strategic investments, a U.S. acquisition, and disciplined capital allocation support confidence in achieving $1.1 billion full-year EBITDA guidance.Based on Sigma…
Forestar Group Inc. reported third-quarter FY2026 results with revenue of $407M, net income attributable to Forestar of $35.9M and diluted EPS of $0.7, each up versus the year‑ago quarter as the company continued to sell lots and tracts across its markets.Financial HighlightsBusiness HighlightsOrig…
Record Q2 results with 6% revenue and 17% EBITDA growth year-over-year, led by Mexico, Europe, and Latin America. Strategic investments, a U.S. acquisition, and disciplined capital allocation support confidence in achieving $1.1 billion full-year EBITDA guidance.Based on Sigma Foods, S.A.B. de C.V…
Q2 2026 net income reached $33.5M ($2.78/share), surpassing prior periods and budget. Asset quality improved with large reductions in non-performing and criticized loans, while NIM was 3.73% (adjusted 3.60%). Margin compression and deposit competition are expected to persist.Based on Preferred Bank…
Viken, the world's largest undeveloped uranium deposit, shows robust economics and major expansion potential, with a $7.6 billion projected economic impact over 13 years. Sweden's pro-nuclear stance and regulatory changes support long-term development, while new exploration targets and upcoming dri…
The meeting covered the re-election of three directors, approval of preferred stock issuance, and auditor ratification. All proposals passed with sufficient votes, and final results will be filed with the SEC. Attendees could submit questions online.Based on System1, Inc. [SST] AGM 2026 Audio Trans…
Samsung Electronics is reportedly in talks to invest hundreds of millions of euros in Mistral, Europe's most valuable AI startup, as part of a round that could value the company at roughly 20 billion. People familiar with the matter told the Financial Times that Samsung, already an investor through…
Net revenues and adjusted EPS saw double-digit growth in Q2 and the first half of 2026, driven by strong performance in smoke-free products and robust pricing. The company raised its full-year adjusted EPS guidance and continues to expand its smoke-free portfolio globally.Original document: Philip…
GE Vernova NYSE:GEV fell 5.48% premarket after reporting second-quarter diluted earnings of $2.47 a share, well short of the $3.18 Wall Street analysts expected, even as revenue of $11.1 billion topped the $10.79 billion forecast. Adjusted EBITDA of $1.25 billion carried an 11.3% margin, up 280 bas…
Record order intake and robust growth in semiconductor demand drove a 75% year-over-year increase in H1 orders, with strong contributions from both core valves and adjacencies. The acquisition of Atonarp positions the company for future growth in advanced process sensing, while capacity ramp and su…
A transformative all-share merger consolidates 100% ownership of Donlin Gold, streamlining management, enhancing access to capital, and positioning the company as a leading U.S. gold developer with a $4.2B market cap and significant production growth potential.Based on Novagold Resources Inc. [NG…
Alphabet (GOOG, GOOGL) shares held their ground on Wednesday, rising about 0.3% ahead of the company's second-quarter results due after the closing bell, as investor focus appeared to shift from cloud revenue to its capital expenditure outlook.As Alphabet kicks off the second-quarter tech earnings…
