Weaker-than-expected July jobs data boosted investor confidence the Fed may pause rate hikes in September. AI-related stocks surged this week, driving the Dow Jones Industrial Average and S&P 500 to record highs. The Dow closed up 3%, while the Nasdaq Composite gained 5.2%
Gilead Sciences (GILD) closed a strong second quarter, and Wall Street noticed. The drugmaker beat sales expectations across its biggest franchises, raised its full-year outlook, and gave analysts fresh reasons to stay bullish heading into the back half of 2026 Bank
Joby raises full-year revenue guidance to $115M–$125M following a 50% year-over-year increase in Blade seats sold. Joby Aviation reported second-quarter revenue of $39 million, up from prior periods, driven by growth in Blade’s passenger business. The company raised its fu
Key Points - Record Q1 profit was driven by Kioxia-related gains: ORIX reported JPY 280.8 billion in net income, up JPY 173.5 billion year over year, including JPY 121.7 billion from Kioxia share sales and valuation gains. The company maintained its JPY 530 billion full-ye
The building materials maker reported adjusted EBITDA of $422 million and raised its full-year sales and profit guidance. James Hardie Industries posted first-quarter net sales of $1.47 billion, up 64% year over year, driven by strong demand in fiber cement products and pr
JAN boosts full-year outlook after reporting 45% revenue growth and 40% adjusted FFO per share increase in Q2. Janus Living reported a 45% year-over-year increase in second-quarter revenue, driven by organic growth and $800 million in first-half acquisitions. Adjusted EBIT
Key Points - Record second-quarter performance: ITT reported 51% revenue growth, 18% adjusted EPS growth to $2.08 and 13% organic growth in both orders and revenue. CCT led results, supported by strong defense and aerospace demand, while Flow Technologies delivered 21% org
Intrepid Potash raised 2026 production guidance and announced plans to begin share buybacks after a stronger Q2 performance. Intrepid Potash reported a second-quarter adjusted EBITDA of $17.5 million, up from $13.8 million, driven by stronger Trio margins and improved pota
Key Points - Summit Hotel Properties exceeded its second-quarter expectations, with RevPAR up 5%, hotel EBITDA up 7.8%, adjusted EBITDAre up 7.7% to $54.8 million and adjusted FFO up 6.7% to $34.9 million, or $0.29 per share. - Growth was driven by stronger urban,... sines
Key Points - Record revenue and higher guidance: IonQ's Q2 2026 revenue surged 287% year over year to $80.1 million, exceeding expectations by 20%. The company raised its standalone full-year revenue outlook to $280 million–$290 million while maintaining expectations for r
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