FactSet
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Business
$994 Million Tariff Refund and Shopping Surge Fuel Target’s Upgraded Profit Outlook
A nearly $1 billion U.S. tariff refund combined with a customer traffic turnaround powered Target to its second consecutive quarter…
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Business
Walmart Beats Profit Expectations But Shares Drop 6% on Weak Outlook and Cooling U.S. Growth
A surge in second-quarter profitability failed to protect Walmart stock from a 6% pre-market drop Thursday, as America’s largest retailer…
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Business
Walmart Shares Slide 6% as Retailer Signals Sales Slowdown and Misses Full-Year Target
Wall Street responded swiftly to Walmart’s restrained full-year financial outlook Thursday morning, driving company shares down 6% ahead of the…
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Business
U.S. Job Openings Hold at 7.36 Million in June Amid Iran Conflict and Energy Shocks
U.S. job openings stood at 7.36 million in June, signaling sustained labor market resilience even as a conflict involving Iran…
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Business
SpaceX Prepares for First Post-IPO Earnings as Stock Slumps 50% Ahead of Lockup Expiration
SpaceX chief executive Elon Musk faces an intense grilling from Wall Street on Tuesday during the company’s first quarterly earnings…
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Business
McDonald’s Names Skye Anderson U.S. Head as Domestic Sales Growth Slows to 0.8%
McDonald's has named Skye Anderson as president of McDonald’s USA amid a sharp deceleration in U.S. sales growth driven by…
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Business
Apple Beats Q3 Estimates with $109.4B Revenue in Tim Cook’s Final Earnings Call
Apple Inc. delivered a record-setting fiscal third quarter, beating Wall Street expectations across revenue and earnings while navigating supply chain…
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Business
Meta Shares Slip as $2.4 Billion Legal Bill and Severance Costs Weigh On Earnings
Wall Street punished Meta Platforms in post-market trading following a sharp 91% drop in quarterly free cash flow and a…
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Business
Alphabet Tops Q2 Revenue Forecasts at $119.8 Billion as AI Strategy and SpaceX Investment Pay Off
Alphabet Inc. surpassed Wall Street expectations for the second quarter, reporting $119.8 billion in revenue as aggressive capital spending on…
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Business
NTSB Blames Driver Error, Not Software, in Fatal Texas Tesla House Crash
A federal safety investigation into a catastrophic runaway Tesla crash that claimed the life of a Texas grandmother inside her…
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