SpaceX shares fell 27% in July, erasing $1.16 trillion from its peak market value amid technical setbacks and heavy short selling. SpaceX stock declined 3.3% to $119.85 on Monday, extending a seven-session losing streak and pushing its market capitalization to $1.52 trilli
Fidelis Capital has appointed Herb Achey, formerly of U.S. Trust / Bank of America Private Bank, as a partner Achey joins after a 30-year career at U.S. Trust / Bank of America Private Bank, where he most recently worked as an investment strategist overseeing more t
The impairment relates to winding down an automated retail distribution center partnership with Ahold Delhaize USA. Americold Realty Trust will take a $305M to $320M impairment charge to terminate its automated retail distribution center agreement with Ahold Delhaize USA.
Infosys lowered its annual revenue growth outlook after Q1 results, triggering a 5% premarket decline in its shares. Infosys reduced its fiscal year revenue growth forecast following weaker-than-expected first-quarter results. The company now expects growth of 1-3%, down f
RELX reports 7% underlying revenue growth and a 70 bps margin expansion in the first half, driven by constant-currency gains. RELX posted first-half revenue of £4.87 billion, up 3% year-over-year on a reported basis and 5% in constant currency. Underlying revenue growth re
Mobileye shares drop 1.4% in premarket trading Mobileye reported stronger-than-expected second-quarter results and lifted its outlook for the rest of the year. The company's founder, Amnon Shashua, informed the board of his decision to step down. Mobileye's share
Investors focus on weaker operating margins and high capital spending despite strong revenue and cloud growth in Q2 results. Alphabet shares fell 4% in premarket trading after its second-quarter earnings report, as investors reacted to softer-than-expected operating margin
S&T Bancorp authorizes a new $100 million share repurchase program, replacing its prior plan effective next month. S&T Bancorp announced a $100 million share repurchase program, set to replace its existing plan on July 27, 2026. The new authorization will remain in effect
The company reported $0.43 non-GAAP EPS and 12.1% year-over-year revenue growth, exceeding analyst expectations. IMAX posted second-quarter non-GAAP earnings per share of $0.43, surpassing estimates by $0.16, as revenue climbed to $102.8M. The 12.1% year-over-year increase
Albertsons reported Q1 non-GAAP EPS of $0.42, falling short of expectations, while revenue reached $24.94B, exceeding estimates by $90M. Albertsons Companies posted first-quarter non-GAAP earnings per share of $0.42, missing estimates by $0.12. Revenue for the period total
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