Q2 results exceed expectations with 36% year-over-year revenue growth and higher net interest income. Zions Bancorporation reported Q2 non-GAAP earnings per share of $1.74, surpassing estimates by $0.17. Revenue reached $1.14 billion, up 36% year-over-year and $263.48 mill
Technical analysis signals QQQ may extend declines to 684 amid a corrective wave from its June 3 peak. The Nasdaq 100 ETF (QQQ) is undergoing a double correction pattern, according to Elliott Wave analysis, with a target zone near 684. The decline follows a cycle from the
Analysts expect General Motors to report adjusted earnings of $3.20 per share and $47.01 billion in revenue for Q2. General Motors is set to release second-quarter earnings before the market opens Tuesday. Wall Street anticipates adjusted earnings of $3.20 per share and re
The bank targets $332 million in adjusted pre-provision net revenue alongside 100-150 basis points of operating leverage by 2026. Zions Bancorporation outlined a 2026 target of $332 million in adjusted pre-provision net revenue (PPNR) and 100-150 basis points of operating
Berkley targets expense ratio at 30% or better W. R. Berkley aims to achieve underwriting efficiency gains of over 20% through the use of AI tools. The company is working to reduce its expense ratio to 30% or better. Leadership continuity is expected to be
The company will expand production capacity for PAC-3 MSE missile components with a $65M plant and $25M contract advances. Park Aerospace Corp. announced a $65M investment to build a new manufacturing plant in Tulsa, aimed at supporting increased production of PAC-3 Missil
Beijing’s state-backed investors spent nearly $9 billion over the weekend to counter a sharp AI-driven selloff in equities. China’s state-backed investors injected nearly $9 billion into equity markets over the weekend to halt a steep AI-driven tech selloff. The interventi
The bank projects margin expansion driven by over $2B in repricing opportunities and 15% annualized loan growth. ServisFirst Bancshares expects a 4% to 6% increase in its quarterly net interest margin for Q2 2026. The expansion is attributed to $2 billion in repricing oppo
Jamie Dimon states equities and Treasurys appear overvalued amid escalating global threats and rising deficits. JPMorgan Chase CEO Jamie Dimon said markets are underestimating geopolitical and fiscal risks, advising against buying stocks or long-dated U.S. Treasurys at cur
Nebius shares rise after Nvidia discloses stake Nebius shares rose 2.5% in extended trading on Monday. The stake includes a previously announced $2B investment by Nvidia, which represented 1.19M shares. Nebius is a neocloud computing company, and this investment
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