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The casual restaurant tradition of giving diners a complimentary wrapped candy after a meal, as Olive Garden has been known for, is pleasing to many customers and can sometimes ensure that a nice tip with be left at the table. Some restaurants offer the classic Starlight Mint, an Andes chocolate ...
Alcoa (NYSE:AA) reported higher second-quarter revenue and adjusted earnings as stronger aluminum prices, increased shipments and value-added product premiums helped offset weakness in alumina operations, executives said on the company’s second-quarter 2026 earnings call. Molly Beerman, Alcoa’s exe
United Airlines Holdings Inc (UAL) reports a 16% revenue increase and robust passenger demand, while navigating rising fuel costs and operational constraints.
IBM (IBM) shares lost roughly one-quarter of their value on July 14 after the tech giant dropped disappointing preliminary second-quarter results. The collapse was historic, but the severity of the earnings gap alone doesn’t explain the market reaction. IBM could be in an artificial intelligence ...
<body><p>STORY: Wall Street's main indexes ended lower on Thursday, with the Dow dropping two-tenths of a percent, the S&P 500 shedding about half a percent and the tech-heavy Nasdaq losing almost one-and-a-half percent.</p><p>Chip stocks tumbled despite bellwether TSMC posting a 77% jump in quarterly profit, it's shares falling more than 2%.</p><p>Mel Casey, senior portfolio manager at FBB Capital Partners, said the pullback demonstrated the lofty expectations for a sector that has soared by nearly 70% so far this year. </p><p>"You just have so many investors in the same trade here and really banking on every little component of the value chain, like, humming along at maximum pace. And so anything that's a little bit shy of, say, the whisper, or anything that's as good as expected but not better than expected is seen almost as a disappointment. And so that's what you're seeing today. But there's nothing you could really point to in the Taiwan Semi report to feel bearish about."</p><p>Memory-chip makers were among the biggest laggards, with SanDisk, Western Digital, Seagate Technology and Intel down between about five-and-a-half and twelve-and-a-half percent.</p><p>:: Netflix</p><p>Elsewhere in the market, shares of Netflix tumbled more than 7% in extended trading after the streaming giant's third-quarter revenue and earnings projections hovered below Wall Street targets. The company also said it would reduce the amount of information it discloses about consumers' viewing hours as it seeks new avenues of growth.</p><p>Shares of UnitedHealth Group closed higher after the company beat Wall Street earnings estimates and hiked its 2026 forecast.</p><p>But shares of United Airlines fell as surging oil prices weighed on its forward guidance.</p><p>Meanwhile, generally upbeat economic data on Thursday showed solid core retail sales, a drop in jobless claims and surging manufacturing activity in the Northeast.</p></body>
The Dow, NASDAQ and S&P fell on Thursday as concerns over the AI boom and war with Iran dragged stocks into the red. Angela Palumbo, a tech news writer at Barron's, joins CBS News to discuss the markets, Netflix's earnings report and more.
PayPal’s board sees a $53 billion takeover bid by rival Stripe and private equity firm Advent International as undervaluing the company and facing regulatory and financing hurdles, a person familiar with the matter said, potentially setting the stage for negotiations over the future of the U.S. payments giant. PayPal has not formally responded to the proposal, two other sources said. The consortium's bid comes as PayPal, founded in the late 1990s, has struggled in recent years to compete against rivals like Apple Pay and Google Pay, with management trying to revive its flagging share price in the face of slowing growth.
The streaming giant's earnings estimates were in line with expectations, but weaker revenue and below-consensus guidance weighed on investor sentiment.
Eli Lilly (LLY) has seen a lot of bullish calls from Wall Street in July. Guggenheim, Truist, Bank of America, Bernstein, and JPMorgan all raised their price targets in the first half of the month. Then UBSwent higher than nearly all of them. UBS's call is worth watching closely because ...
Netflix (NASDAQ:NFLX) executives said the company remains on track for its 2026 financial plan, pointing to continued subscription growth, pricing gains, rising advertising revenue and a broadening content strategy during the company’s second-quarter earnings interview. CFO Spence Neumann said Netf
Intuitive Surgical (NASDAQ:ISRG) reported a solid second quarter of 2026, with management pointing to continued global adoption of its da Vinci, da Vinci SP and Ion platforms, even as U.S. procedure growth moderated and China remained challenging. Chief Executive Officer Dave Rosa said total proced
Directors had long known that the artificial-intelligence revolution would upend the technology icon’s business, but the pain came sooner than expected, leaving the company with a tough choice, according to people familiar with the discussions. Board members debated whether to issue a rare warning that bad news was coming or wait for the numbers to hit the tape a week later when executives could discuss them with investors, the people said. After asking tough questions of CEO Arvind Krishna, the board agreed to take its medicine and disclose the disappointing results in the hopes of winning credibility for transparency.
Nvidia (NVDA) CEO Jensen Huang has pushed back against reports that manufacturing problems could delay the company’s next artificial intelligence platform, Bloomberg reported. If those reports were wrong, it would protect investors far more than just a single product launch. Nvidia's rapid growth ...
The plane maker just posted its strongest first half of deliveries since 2018, and deliveries are what drive its cash.
The Nasdaq composite fell 1.5%, leading the session’s losses. Another quarter of solid earnings from Taiwan Semiconductor Manufacturing did little to mitigate a rough patch for chip stocks, with investors worried more about its spending plans than its bright outlook. Shares of chip makers from Santa Clara, Calif., to Seoul slid.
By Deborah Mary Sophia and Saqib Iqbal Ahmed July 16 (Reuters) - Trump Media & Technology Group has unveiled a paid-for, licensed data feed that will give banks and trading firms "the fastest" access
On July 16, 2026, the premium EV maker rebounded 8.57% after leadership fired back at speculation, keeping liquidity questions front and center for investors.
Plus, Trump’s speech tonight is expected to include election-interference claims, and young drivers go crazy on the road—and film it.
Netflix shares fell 8% in aftermarket trading after the company narrowed its revenue forecast for the year to between $51 billion and $51.4 billion. It previously forecast revenue in the range of $50.
Today, July 16, 2026, the clinical-stage psychedelics developer jumped 33% after Lilly announced a cash deal plus milestone payments.
Find insight on the PayPal acquisition, Partners Group, UniCredit, Chinese banks and more in the latest Market Talks covering financial services.
Jio Financial Services Ltd (BOM:543940) reports a 141% increase in total income, driven by significant growth in lending and payment solutions, despite rising expenses and leverage challenges.
Abbott Laboratories (ABT) reports robust sales growth and raises full-year EPS guidance, driven by strong performance in Nutrition, Medical Devices, and Emerging Markets.
Netflix missed Wall Street's target for second-quarter revenue and guided lower than views for Q3. Netflix stock fell in extended trading.
FEATURE Aluminum producer Alcoa reported improved earnings, but they didn’t match Wall Street estimates. Shares were lower in late trading. Thursday evening, Alcoa announced adjusted second-quarter earnings per share of $2.
Truist Financial reports second-quarter earnings Friday, but investors may be more focused on what the leadership transition to incoming CEO Michael Lyons could mean for the bank’s strategy.
Netflix said Thursday its second-quarter profit grew thanks to new membership signups and price increases, which “had gone well and as expected.” Netflix earned $3.4 billion, or 80 cents per share, in the March-June period. For the current quarter, Netflix is forecasting revenue growth of about 12%.
The company said it now expects to produce between 200,000 and 300,000 fewer metric tons of alumina in 2026, for a total production of 9.5 million to 9.6 million metric tons.
The daily medication is expected to be list-priced at $10.50 per pill. Here's what to know about Merck's new cholesterol drug Lipfendra.
(Bloomberg) -- The Coca-Cola Co. said it had temporarily suspended production operations of its Fairlife milk in the US after an unauthorized third party gained access to some of its systems.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsBeckham’s IM8 Gets $1 Billion From General Catalyst for GrowthCIA Says AI Drones Give Russian Troops Only 30 Minutes to LiveOpenAI’s First Device Will Be Movable, Screenless Speaker Built as AI CompanionChip Stocks Get Hit