Latest financial and economic news and analysis
PSEG beats Q2 earnings estimates as utility investments, higher realized prices and nuclear generation support results despite lower revenues.
The Treasury secretary questioned the need for an interest-rate hike.
For most of this year, investors have obsessed over one question: when will the Federal Reserve finally begin cutting interest rates?
A Bilt spokesman said that roughly 1,850 cardholders were affected and that it moved quickly to correct the errors.
Rystad Energy Chief Economist Claudio Galimberti discusses the latest factors affecting oil and LNG prices as well as the prospects for a diplomatic resolution to the Middle East conflict.
Securitize Corp. has gone public via SPAC and experienced significant post-merger price declines. SECZ traded as high as $13.50 as CEPT, with a redemption value floor at $10 per share. Post-merger, SECZ's share price has dropped below $7, sparking notable retail investor anxiety.
5N Plus Inc. (VNP:CA) Q2 2026 Earnings Call Transcript
Korea, via the iShares MSCI South Korea ETF (EWY), now offers an attractive entry point after a severe deleveraging-driven selloff. Samsung and SK Hynix posted record operating profits and maintain strong forward growth, despite recent earnings volatility and consensus misses.
Chairman Warsh reaffirms the Fed's unwavering commitment to a 2% inflation target, using Core PCE as the primary measure for now. Despite alternative inflation gauges like Trimmed Mean PCE showing lower rates, the Fed should resist changing its preferred metric mid-cycle.
ASX surges 82% in six months as strong AI packaging demand, rising LEAP sales and expanding margins support its growth outlook.
Is the doom and gloom over? Earnings boost markets. Caterpillar powers Dow; Palantir helps boost Nasdaq.
thyssenkrupp A G is transforming from a conglomerate into a financial holding company, unlocking value through spin-offs and direct shareholder participation. Q2 results show margin expansion and operating leverage, with adjusted EBIT rising to €198 million despite weak sales and ongoing restructuring costs. Spin-offs like TKMS and tk accelis establish transparent market values, enabling direct and indirect shareholder exposure while addressing the conglomerate discount.
Alibaba Group Holding Limited may be the clearest public-market winner from China's AI price war, using Qwen to attract developers while monetizing the real prize: Alibaba Cloud, distribution, and ecosystem scale. DeepSeek, Qwen3.8-Max, and other Chinese models are collapsing the cost of intelligence and redrawing the global price-performance frontier, leaving mid-tier models trapped between 'not smart enough' and 'not cheap enough.
Tom Lee, head of research at Fundstrat, outlined the reasons he thinks stocks could reach a new high this month.
The recent bounce is likely short-covering of AI losers in the aftermath of the Situation Awareness blowup, aided by temporary falling oil prices. The LLM Token Expenditures Index continues to fall, now 41% below the peak, and this will be reflected in Q3 earnings for hyperscalers.
