Latest Updates Around The World
Analyst Michael Feniger maintained a buy rating and raised the price forecast from $735 to $825. Increasing customers’ capital expenditure The analyst notes that the announcement by a major turbine customer (The Williams Companies) of substantial capital expenditure increases for 2026 is expected to significantly strengthen Caterpillar’s business prospects. These strategic spends are expected to […]
CVS Health Corp. (NYSE:CVS) reported revenue of $105.69 billion, beating Tuesday’s consensus of $103.59 billion. Adjusted earnings of $1.09 per share also beat analyst expectations of 99 cents, down from $1.19 last year. CVS Health reaffirmed its fiscal 2026 adjusted earnings forecast of $7.00-$7.20 per share, compared to the Street consensus of $7.17. The company […]
TotalEnergies SE (NYSE:TTE) Shares are trading higher on Wednesday after the company reported fourth-quarter 2025 results. Details The French energy giant posted adjusted earnings of $1.73 per share, missing the consensus estimate of $1.78. Sales for the quarter came came in at $50.62 billion, above expectations of $33.94 billion. Adjusted net income fell 15% year-on-year […]
BP plc (NYSE:BP) Share prices fell on Tuesday after the energy group halted share buybacks to prioritize reducing debt. This signaled a sharper balance sheet reset, even as quarterly profits narrowly exceeded expectations and revenues fell short of forecasts. Details The energy company posted adjusted earnings of 60 cents per U.S. depository share, slightly higher […]
Vee beats earnings per share, misses revenue estimate Amentum reported first-quarter revenue of $3.24 billion, missing analysts’ estimates of $3.34 billion. Benzinga Pro. The company reported first-quarter adjusted earnings of 54 cents per share, beating analyst expectations of 52 cents per share. Amentum said it had a backlog of $47.2 billion at the end of […]
Here you will find the key figures for the quarter. The details: ZoomInfo Technologies reported quarterly profit of 32 cents per share, beating the Street estimate of 28 cents. Quarterly revenue came in at $319.1 million, beating the consensus estimate of $309.4 million. ZoomInfo reported the following fourth quarter highlights: Ends the quarter with 1,921 […]
Broadcom Inc (NASDAQ:AVGO) Stocks rose on Monday after Friday’s rise, buoyed by continued AI-related spending from major tech companies. This upward trend was fueled by new signs of Big Tech’s commitment to AI investments, heralding a bright future for AI infrastructure. Big tech giants are driving an increase in capital expenditure Semiconductor stocks rose on […]
The tech industry witnessed a dramatic shift as the wealth of several top tech billionaires plummeted due to AI bubble fears and fluctuating valuations. Larry Ellisonco-founder of Oracle, has suffered a staggering $59.2 billion loss in his fortune since the beginning of the year, including $19 billion just this week. The sell-off was exacerbated by […]
The fear of a recession has not disappeared in 2026, but economic resilience has not disappeared either. The economy continues to grow, inflation is falling slowly but persistently, and the labor market is cooling rather than collapsing. Concerns among ETF investors are leading to a shift towards a balanced approach as recession risk remains high. […]
Super Micro Computer, Inc. (NASDAQ:SMCI) shares rose in extended trading Tuesday after the company released its second-quarter earnings report, beating Wall Street estimates on the top and bottom lines. Here you will find the key figures for the quarter. The details: Super Micro Computer reported quarterly earnings of 69 cents per share, beating analysts’ consensus […]
