Alphabet raises full-year capex guidance to $195B-$205B, spooking investors despite strong cloud revenue growth. Alphabet shares fell below their 100-day moving average for the first time since April after the company reported a $44.9 billion Q2 capex, slightly above forec
Futures for the Dow Jones Industrial Average and the other major stock indexes traded lower Thursday, as Google-parent Alphabet (GOOGL) and Tesla (TSLA) took a dive on the stock market today after their quarterly earnings reports. Ahead of Thursday's open, the Dow futures
W.R. Berkley's (NYSE:WRB) fiscal Q2 report appears to be gaining favor among analysts, with several of them raising their price targets on the stock The report is making analysts raise their price targets, but is the optimism justified? In its financial results for
By Aditya Soni and Deborah Mary Sophia July 23 Alphabet's first cash burn on record has jolted investors awaiting more Big Tech results next week as soaring AI spending strains one of the world's most profitable companies, and the pain is only expected to increase. The Goo
Santander UK will not close any additional branches in its own network or in that of recently acquired TSB before 2028. The lender's chief executive, Mahesh Aditya, said branches remain an "important part of our strategy" as he set out the plan Under the commitment,
This story was To receive daily news and insights, subscribe to our free daily FS Insider. Puttshack, the tech-infused mini golf and entertainment concept known for blending competitive socializing with elevated food and drink, has partnered with TipHaus to streamline tip
U.S. stock futures fell on Thursday as oil prices surged following Houthi militant attacks on two Saudi Arabian tankers in the Red Sea and disappointing earnings from Alphabet and Tesla weighed on sentiment. Dow Jones Industrial Average futures were off 341 points, equival
Rising crude prices and disappointing earnings from Alphabet and Tesla weigh on U.S. stock futures ahead of market open. Dow Jones, S&P 500, and Nasdaq futures declined in early trading Thursday as oil prices surged past $90 a barrel. Alphabet and Tesla shares fell sharply
OSBC reports $0.54 GAAP EPS missing estimates by a penny while revenue surges to $96.59M, beating forecasts by $14.59M. Old Second Bancorp posted second-quarter GAAP earnings per share of $0.54, missing analyst expectations by $0.01. Revenue reached $96.59 million, a 28.6%
The packaging supplier aims to enhance supply chain reliability for major QSR clients with locally produced paper-based solutions. Global packaging supplier Detpak has opened a new manufacturing facility in Spartanburg, South Carolina, bolstering its North American operati
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