BlackRock has reported $15.3tn in assets under management (AUM), with inflows spread across its platform and led by exchange traded funds (ETFs), private markets, and "systematic equity strategies". This follows $868bn of net inflows over the last twelve months, reflecting
Uber agreed to acquire Delivery Hero in a deal that values the Berlin-headquartered food delivery company at $14.8 billion, the companies announced Thursday. The voluntary takeover offer puts €41.50 per share in cash on the table for Delivery Hero shareholders The o
Taiwan Semiconductor Manufacturing surpassed Q2 forecasts but its stock declined as broader AI sector weakness persisted. Dow Jones futures rose slightly in early trading Thursday, contrasting with declines in S&P 500 and Nasdaq futures amid ongoing weakness in chip and AI
Higher commercial engine demand drove Q2 earnings beat, but margin contraction sparked a post-earnings share pullback. GE Aerospace raised its 2024 profit outlook after second-quarter earnings topped estimates, supported by strong demand for commercial engine services and
Alimentation Couche-Tard secures approval to repurchase up to 74.19 million common shares under its renewed program. Alimentation Couche-Tard (ATD:CA) received Toronto Stock Exchange approval to repurchase up to 74.19 million common shares. The move renews the company’s ex
State Street reports $3.65 GAAP EPS and $4.05B revenue, exceeding expectations driven by 17% fee growth. State Street posted second-quarter GAAP earnings per share of $3.65, surpassing estimates by $0.34. Revenue reached $4.05 billion, up 17.4% year-over-year and $130 mill
PowerCell reports a Q2 operating loss of SEK 52.2m as gross profit declines sharply to SEK 3.9m. PowerCell Sweden AB (PCELF) reported Q2 net sales of SEK 37.0 million, down from prior periods, as gross profit fell to SEK 3.9 million from SEK 80.1 million. The gross margin
ABT reports Q2 non-GAAP EPS of $1.31, topping estimates by $0.03, and lifts full-year 2026 adjusted EPS guidance. Abbott Laboratories posted Q2 non-GAAP earnings per share of $1.31, exceeding estimates by $0.03, as revenue rose 13% year-over-year to $12.59 billion, beating
U.S. Bancorp reported stronger-than-expected Q2 earnings but saw expenses rise more than anticipated due to its BTIG acquisition. U.S. Bancorp (USB) posted Q2 earnings that surpassed Wall Street estimates, driven by strong loan growth and a third consecutive quarter of rev
The cloud data firm awarded its chief executive 1 million restricted stock units tied to performance metrics in a recent SEC filing. Snowflake has granted CEO Sridhar Ramaswamy 1 million performance-based restricted stock units as part of his compensation package. The move
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