Travelzoo reported Q2 revenue of $23.2M, falling short of expectations by $1.95M and sending shares down sharply. Travelzoo (TZOO) shares tumbled 31% to $6.98 in Tuesday trading after the company’s second-quarter revenue declined nearly 3% year-over-year to $23.2M. The res
A $280 million charge on the VC-25B program pushed Boeing’s Defense segment to a $15M loss, missing earnings estimates by 123.53%. Boeing reported a wider-than-expected Q2 2026 loss after booking a $280 million charge on the VC-25B presidential aircraft program. The charge
The blank-check firm priced its IPO at $10 per unit to target video game publishers and digital media platforms. Catalyst Acquisition Corp. (NASDAQ:CATL) raised $200 million in its initial public offering, pricing units at $10 each. The SPAC aims to acquire video game publ
Analysts expect CHEF to post $0.59 EPS and $1.12B revenue, reflecting year-over-year growth of 13.5% and 8.7%, respectively. The Chefs' Warehouse (CHEF) will release its Q2 2026 earnings before the market opens on July 29. Consensus estimates project earnings per share of
Investors anticipate volatility in MSFT shares post-earnings as AI infrastructure spending pressures margins amid $87.63B revenue expectations. Microsoft is set to release fourth-quarter earnings with Wall Street projecting $87.63B in revenue. The report comes as the compa
Cathie Wood’s firm adds 34,080 META shares as tech giants ramp up $630 billion in AI infrastructure spending this year. Ark Investment Management purchased 34,080 shares of Meta Platforms at roughly $584 each, totaling $18.4 million. The move follows a broader trend of tec
Much of the work required to move groceries from delivery trucks to supermarket shelves is performed out of public view and not always by the retailer's own employees. For instance, Publix also relies on outside contractors for some unloading work within its Florida distri
Defensive stocks Coca-Cola and Sherwin-Williams drive the Dow higher amid volatility in AI and oil sectors. Coca-Cola and Sherwin-Williams led gains in the Dow Jones Industrial Average on Tuesday, as investors shifted toward defensive stocks amid turbulence in AI and oil m
Private equity firm eyes $1.67bn valuation for insurer in first direct investment in India’s general insurance sector. Bain Capital is in advanced negotiations to acquire up to a 25% stake in IndusInd General Insurance (IGI) at a valuation exceeding $1.67bn. The deal, if f
The utility boosted its 10-year capital plan on surging data center demand in its Houston service area. CenterPoint Energy (CNP) shares climbed 2.3% to a record $45.26 after reporting stronger-than-expected Q2 adjusted earnings. The company also increased its 10-year capit
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