Kingsway Financial Services reported a 27.6% year-over-year revenue increase and its first quarterly net income since CEO JT Fitzgerald took charge. Kingsway Financial Services (NYSE:KWY) reported second-quarter revenue of $39.4 million, up 27.6% year over year, marking it
Key Points - Strong quarterly performance: Klaviyo's Q2 revenue rose 26% year over year to $370.6 million, prompting the company to raise its full-year 2026 revenue outlook to $1.526 billion–$1.534 billion. However, it reduced its operating-income forecast because of Agenc
The sale by William G. Billings was automatic to cover tax liabilities from restricted stock unit vesting, not a discretionary trade. Chewy Inc. Chief Accounting Officer William G. Billings sold 11,134 shares of Class A Common Stock on July 31, 2026, generating $254,000 ba
State Street’s XLV charges 0.08% vs Vanguard’s VHT at 0.09%, with XLV focused on large-caps and VHT offering broader sector exposure. The State Street Health Care Select Sector SPDR ETF (XLV) and Vanguard Health Care ETF (VHT) target the healthcare sector but differ in str
Google Cloud's sales rose 82% to $24.8 billion Alphabet's cloud business saw significant growth, with sales reaching $24.8 billion, an 82% increase from the year-ago period. The company's cloud backlog stood at $514 billion, indicating a strong pipeline of future s
NASDAQ-listed AI cloud provider Nebius reports $400 million Q1 revenue, up from $50 million in 2025, amid expansion plans. Nebius Group (NASDAQ: NBIS) shares fell 31.1% in July, paring a 125% year-to-date gain, as investors took profits after a strong rally. The pullback f
U.S. information sector layoffs surged to 2.3% in June, the highest since 2001, driven by AI-driven workforce reductions at major firms. The U.S. information sector’s layoff rate climbed to 2.3% in June, a 20-year high, as companies cut 63,000 jobs. The increase of 0.7 per
JPMorgan predicts gold prices could surge to $5,000 an ounce by Q4 2026 amid elevated market risks. JPMorgan Chase projects gold prices will climb to over $5,000 an ounce by the fourth quarter of 2026, citing heightened market risks. CEO Jamie Dimon warned of potential eco
Airbnb reports $12.2 billion in revenue for FY 2025, up 10% year-over-year, with 61% from international markets. Airbnb Inc (NASDAQ:ABNB) posted $12.2 billion in revenue for fiscal year 2025, a 10% increase from the prior year. The company attributed growth to resilient tr
Apple’s App Store revenue rose 0.6% year-over-year to $3.40 billion despite a 4% drop in global downloads. Bank of America maintained its $380 price target for Apple, citing strong App Store revenue driven by AI app subscriptions. The firm’s analysis showed $3.40 billion i
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