Latest financial and economic news and analysis
Blue-chip average notches 24th high of the year, while Nasdaq slips.
Kashkari goes full hawk… the ADP jobs report comes in soft… the FedWatch Tool says hike, but what will Warsh say?… why 3 analysts are backing up the truck on AI.
Artemis Gold Inc. (ARTG:CA) Shareholder/Analyst Call Prepared Remarks Transcript
Block raised its full-year guidance and reported higher second-quarter revenue as growth in its commerce and financial solutions businesses helped to offset declines in Bitcoin.
Bloomberg's Laura Benitez joins Dani Burger on "Bloomberg Deals." Apollo Global Management reported record revenue from fees as it vies to be one of Wall Street's largest lenders.
Fed Governor Lisa Cook said Wednesday that inflation is still too high and she is "prepared to act" on an interest rate hike. Cook voted with the majority last week to hold rates steady but said that may no longer be possible unless there are sure signs ahead that inflation is easing.
Brookfield Asset Management Ltd. (BAM:CA) Q2 2026 Earnings Call Transcript
Oil and gas producer APA beat Wall Street estimates for second-quarter profit on Wednesday, helped by higher oil prices.
U.S. stocks finished mixed as optimism about the reopening of the Strait of Hormuz was offset by more volatility in artificial-intelligence wagers.
The Dow Jones Industrial Average closed at another record high on Wednesday, outperforming the broader market as gains in Nvidia and strong corporate earnings offset weakness in several major technology stocks. The S&P 500 and Nasdaq Composite ended lower after pulling back from intraday highs, with investors digesting mixed earnings reports and fresh economic data while monitoring developments in the Middle East.
Toast has surged ~50% from YTD lows, prompting a downgrade to neutral as valuation now appears stretched. TOST's Q2 results were strong: 23% y/y revenue growth, 28% subscription growth, and improving gross margins via AI-driven efficiencies. Despite robust ARR and GPV growth, macro headwinds in the restaurant sector and intensifying competition temper forward expectations.
Dexterra Group Inc. (DXT:CA) Q2 2026 Earnings Call Transcript
Moor Insights & Strategy's Patrick Moorhead says that while some investor sre jumping on the AI wave and making quick bets on hyperscalers, firms like Microsoft and Azure are actually generating profits.
The Trump administration will announce as soon as Thursday a 15% tariff and a series of price floors on products made from polysilicon, the key raw material used in solar panels and semiconductors, according to four sources familiar with the matter.
Verano Holdings Corp. (VRNO:CA) Q2 2026 Earnings Call Transcript