US equities climbed after softer CPI data and reduced geopolitical tensions offset mixed earnings from financials. US stocks advanced Wednesday as lower-than-expected inflation and a shift in trade policy boosted sentiment. The Consumer Price Index rose 3.5% year-over-year
Wells Fargo's total revenue increased 8.6% year over year to $22.62 billion Wells Fargo's second-quarter earnings report showed a strong performance, with total revenue increasing 8.6% year over year to $22.62 billion. The bank's earnings per share rose 25% to $2,
Lucid Motors refutes restructuring rumors but shares drop sharply after reports of potential bankruptcy or privatization options. Lucid Motors saw its shares fall 17% to $4.54, hitting a low of $4.54 after reports suggested the company was exploring strategic options, incl
Lucid Group refutes reports of potential bankruptcy or going private, easing investor concerns after volatile trading halts. Lucid Group (LCID) shares resumed trading after a volatility halt, paring earlier losses following reports the company was considering bankruptcy or
Goldman Sachs posted Q2 revenue of $20.34 billion, beating estimates by $4.21 billion as trading and dealmaking surged. Goldman Sachs reported second-quarter revenue of $20.34 billion, a 39.5% year-over-year increase, surpassing the $16.13 billion consensus estimate. Earni
HCA Healthcare’s reduced earnings forecast for 2026 and lower Q2 surgery volumes trigger declines in medical technology stocks. Shares of major medical technology companies fell Tuesday following HCA Healthcare’s decision to lower its full-year earnings outlook. The larges
Lucid shares hit record low on potential bankruptcy Lucid shares have reached a record low after reports emerged that the company is considering bankruptcy or a take-private deal. The company is facing quality control issues with its Gravity SUV. Lucid's stock ha
AbbVie shares decline for a seventh straight session, underperforming the S&P 500 as losses deepen over the past week. AbbVie (ABBV) dropped 1.30% to $244.78 in Tuesday afternoon trading, marking its seventh consecutive session of declines. The stock has fallen 5.1% over t
BAC targets 300-400 bps operating leverage as Q2 2026 revenue rises 15% year-over-year to $31.6 billion. Bank of America expects net interest income growth for 2026 to reach the upper end of its 6% to 8% target range. The bank also aims for 300 to 400 basis points of opera
Kalshi partners with OpenAI to display World Cup prediction market data in ChatGPT, boosting platform visibility without public promotion. OpenAI has embedded Kalshi’s World Cup prediction market odds into ChatGPT search results through an unpublicized collaboration. The i
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