The regional bank reported $0.54 non-GAAP EPS and $887M revenue, exceeding analyst expectations for the quarter. First Horizon Corporation posted second-quarter non-GAAP earnings per share of $0.54, beating estimates by $0.02, as revenue rose 6.9% year-over-year to $887M.
Analysts estimate REA Group's renewed takeover of Rightmove would add just 4% EPS accretion, deeming the deal unattractive. JP Morgan analysts calculate that a revived bid by REA Group for Rightmove PLC would deliver only around 4% earnings per share accretion, a return th
U.S. markets look higher as softer inflation and ASML results lift sentiment: Dow Jones, S&P, Nasdaq, Wall Street Futures U.S. stock futures traded modestly higher on Wednesday after inflation data came in below expectations, easing concerns that the Federal Reserve may need to...</strong
Survey shows 60% of finance professionals expanded real-time data use, but 93% distrust AI-generated insights due to accuracy concerns. Finance teams are accelerating their adoption of AI and real-time data to enhance decision-making, with over 60% increasing their use of
The new 7060XE7 Series targets bandwidth and thermal challenges in large-scale AI clusters, expanding Arista's cloud networking footprint. Arista Networks (ANET) unveiled its 7060XE7 Series, a portfolio of 1.6-terabit networking platforms designed for AI data centers. The
Swedish retailer Axfood posts modest earnings growth as retail sales climb 2.1% year-over-year in the second quarter. Axfood AB reported second-quarter net sales of SEK 23,197M, up 0.9% year-over-year, driven by a 2.1% increase in retail sales to SEK 20,713M. Earnings per
J&J’s pharmaceutical growth, led by Tremfya and Darzalex, drives earnings beat and full-year forecast increase. Johnson & Johnson reported second-quarter sales of $25.31 billion, a 6.6% year-over-year increase, exceeding analysts’ estimates of $25.05 billion. Adjusted earn
The semiconductor equipment maker reported $8.69 per share earnings on $10.67 billion in sales, exceeding analyst expectations. ASML reported second-quarter earnings of $8.69 per share on revenue of $10.67 billion, surpassing analyst estimates. The company also raised its
Alphabet challenges EU antitrust regulators' appeal after a lower court annulled the €1.49 billion penalty for alleged anti-competitive practices. Google urged the Court of Justice of the European Union to reject an appeal by EU antitrust regulators seeking to reinstate a
Norwegian insurer Storebrand posts NOK 1,799M group profit for Q2, up 26% year-on-year, driven by asset growth and improved returns. Storebrand ASA reported a 26% year-on-year increase in group profit to NOK 1,799M for the second quarter, beating prior-year figures. Adjust
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