Pharmaceuticals division sales rose 6% at constant exchange rates, offsetting a 1.9% annual revenue decline. Roche Holding reported first-half revenue of CHF 30.36 billion, down 1.9% year-over-year, with non-GAAP earnings per share of CHF 10.85. Currency fluctuations weigh
The acquisition expands Northrim’s footprint into Oregon with an all-stock transaction valued at approximately $167.3 million. Northrim BanCorp (NRIM) announced an all-stock acquisition of PBCO Financial (PBCO), the parent company of People’s Bank of Commerce, for about $1
Nokia lifts full-year operating profit outlook by EUR 0.1 billion following stronger-than-expected second-quarter results. Nokia reported an 8% year-on-year revenue increase in Q2, beating profit expectations. The company raised its 2026 comparable operating profit guidanc
Rail operator CSX expects margin expansion and free cash flow to surge more than 80% in two years. CSX Corporation projected margin expansion exceeding 350 basis points and free cash flow growth above 80% by Q2 2026. The outlook follows a record quarter with 6% volume grow
Alphabet’s earnings highlight strong AI demand but rising costs, pressuring Nasdaq futures below 29,195 support. Nasdaq futures slipped below the critical 29,195 level after Alphabet’s earnings report, giving bears a short-term edge. The index struggled to hold gains above
The company targets $15.77 billion in subscription revenue by 2026 and $1.5 billion in AI annual contract value. ServiceNow announced a 2026 subscription revenue target of $15.77 billion, reflecting continued growth in its cloud-based platform. The company also aims for $1
The acquisition values PBCO at $32.36 per share, with consideration tied to Northrim's stock price. Northrim BanCorp (NRIM) will acquire PBCO Financial Corporation in an all-stock transaction valued at approximately $167.3 million, or $32.36 per share. The deal's final val
Google’s raised full-year capex guidance to $195-205 billion lifts SK Hynix and Samsung, driving Kospi and Nikkei gains. South Korea’s Kospi climbed over 3% and Japan’s Nikkei rose 1% as Google’s increased AI capital expenditure guidance fueled gains in chipmakers. SK Hyni
Investors punished Alphabet and Tesla after both firms reported negative free cash flow and warned of higher capital expenditures for AI. Alphabet and Tesla reported better-than-expected revenue for the latest quarter but saw shares fall after disclosing negative free cash
Company forecasts record capital expenditures amid 24% revenue growth and $514 billion cloud backlog in Q2 2026. Alphabet announced plans to invest $195 billion to $205 billion in capital expenditures for 2026, citing expansion of third-party capacity. The move follows a 2
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