Pegasystems (PEGA) plunged more than 15% during pre-market trading on Wednesday following second quarter 2026 results that missed the mark due to "unprecedented changes in the AI market (that) caused clients to delay their purchasing decisions." "The disclosure broadly echoes To...</stron
State Street’s XLK fund holds 76 stocks but derives most performance from just 18 equally weighted names, led by Nvidia and Apple. The Technology Select Sector SPDR ETF (XLK) tracks the Technology Select Sector Index but behaves like a concentrated portfolio. Its top 10 ho
Banco Santander reported Q2 EPS of €0.23, exceeding consensus estimates of €0.22, driven by increased customer volumes. Banco Santander (SAN) reported second-quarter earnings per share of €0.23, surpassing the €0.22 consensus estimate. The result marked a decline from €0.3
Taiwan Semiconductor Manufacturing shares dropped 5% after earnings, dragging chip stocks lower on AI investment worries. Taiwan Semiconductor Manufacturing (TSM) reported strong earnings but saw its stock fall 5% as investors grew cautious over high AI-related spending. T
Goldman Sachs has launched a new platform aimed at giving wealthy clients and family offices direct access to fast-growing private companies, an internal memo reveals. The group, called the alternative investments platform, will be led by Matt Doherty, who will continue to
Italy’s wine export sales fell to €2.34bn in January-April, pressured by US tariffs and weaker demand in key European markets. Italy’s wine exports declined 6.8% year-on-year to €2.34bn in the first four months of 2026, as volumes dropped 3.7% to 641 million litres. The do
Net interest income increased $5.1 million, or 28.8%, to $23.0 million for the three months ended June 30, 2026, compared to $17.9 million for the same period in 2025. To ensure this doesnât happen in the future, please enable Javascript and cookies in your browser
City Holding press release (CHCO): GAAP EPS of $2.35. - Revenue of $81.5M. The Companyâs ratio of nonperforming assets to total loans and other real estate owned decreased from 0.27%, or $12.2 million, at March 31, 2026 to 0.24%, or $10.6 million, at June 30, 2026 T
Richard Schulze reduces holdings by 900,000 shares under a pre-arranged plan, cutting stake by 7% amid 18% 12-month return. Best Buy Co., Inc. (NYSE:BBY) founder and Chairman Emeritus Richard Schulze sold 900,000 shares for $74 million on July 13-14, 2026, according to an
You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters Wellington Management, Vanguard and Blackstone, which announced a collaboration on public/private product development last year, are launching the first two
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