Student loan borrowere are in trouble, data show. A record number of loans are in default, according to an Associated Press analysis this week Defaults have grown by about 4.2 million to an all-time high of 9.52 million since June 2025, when borrowers were allowed a
Prologis submits a final all-stock proposal valuing Segro at approximately $18.8 billion after an earlier £12.6 billion bid was rejected. Prologis has submitted its 'best and final' offer to acquire UK-based industrial property firm Segro for about $18.8 billion in an all-
Advanced Micro Devices Inc (NASDAQ:AMD, XETRA:AMD) and Anthropic announced a strategic partnership on Wednesday that includes the deployment of up to 2 gigawatts of AMD's upcoming Instinct MI450 Series GPUs, a multi-year engineering collaboration, and a planned equity investment...</stron
Deep Sail Capital Partners, an investment management company, released its first-quarter 2026 investor letter. A copy of the letter can be downloaded here In the second quarter, the fund significantly outperformed both of its benchmarks, the Russell 2000 Mid Cap Gro
Quick Read - MRVL fell 33% in one month while Q1 FY2027 revenue grew 28% YoY and free cash flow surged 127% to $483M. - CEO Matt Murphy raised both FY2027 and FY2028 revenue outlooks on exceptional AI bookings, with Q2 guiding to 35% year-over-year growth. - With 76% of revenue...</strong
Quick Read - Lucid burned $3.8B in free cash flow against $1.35B in revenue in 2025, while Rivian's cash reserves shrank from $4.81B to $2.85B. - Stellantis posted a $22.33B net loss for FY2025 as CEO Filosa admitted the company over-estimated the pace of the energy transition....</strong
Key Points - TrustCo Bank reported stronger Q2 2026 results, with net income up 12.8% to $17 million and net interest income rising 9.2% to $45.6 million as its net interest margin improved to 2.87%. - Loan and deposit growth remained solid: average loans hit an all-time high of...</stron
Key Points - Orrstown Financial Services posted second-quarter 2026 net income of $21.2 million, or $1.09 per diluted share, with management highlighting strong earnings, solid credit quality, and a quarterly dividend of $0.30 per share. - The company's net interest margin...
Key Points - Oatly raised its 2026 revenue outlook after posting stronger Q2 results, now expecting constant-currency revenue growth of 8% to 10% versus its prior 3% to 5% forecast. Management still sees adjusted EBITDA toward the low end of the $25 million to $35 million
Key Points - Pegasystems' Q2 results were pressured by customer uncertainty around AI, slower sales execution, and a renewal mix weighted toward the second half of the year. Total ACV still grew, but first-half momentum was weaker than expected as many deals simply elongat
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