July 23, 2026 1:29 pm
Key Moments Blackstone’s distributable earnings per share increased 26% to $1.52, topping estimates of $1.35. Assets under management rose to $1.35 trillion, supported by strong inflows and asset sales totaling $31.8 billion. Nine of Blackstone’s ten best-performing investments are tied to artificial intelligence, including stakes in Anthropic and data center platforms. Quarterly Earnings and Asset […]
Read moreJuly 23, 2026 10:27 am
Key Moments Tesla stock fell 5.5% in pre-market trading to $353.37 after releasing Q2 2026 results that missed profit expectations. Adjusted earnings of $0.33 per share lagged consensus by about 33%, despite revenue of $28.24 billion exceeding estimates of roughly $25.55 billion. Free cash flow turned negative at -$1.1 billion for the first time in […]
Read moreJuly 23, 2026 10:18 am
Key Moments Texas Instruments Inc (NASDAQ:TXN) fell 5.3% in pre-market trading after a Q2 2026 earnings beat failed to match elevated investor expectations. Q2 2026 revenue came in at $5.46 billion, up 23% year-over-year and ahead of the $5.24 billion consensus, with adjusted EPS of $2.14 and a 61% gross margin. Q3 2026 guidance for […]
Read moreJuly 23, 2026 10:08 am
Key Moments QuantumScape shares fell 6.3% in pre-market trading after the company reported a Q2 2026 per-share loss of $0.16 versus Wall Street expectations of $0.18. GAAP net loss reached $98.2 million for the quarter, and the company reaffirmed full-year adjusted EBITDA loss guidance of $250 million to $275 million. An amended collaboration with Volkswagen’s […]
Read moreJuly 23, 2026 10:01 am
Key Moments Molina Healthcare shares are down 9.2% in pre-market trading after releasing second-quarter 2026 results. Adjusted EPS of $1.51 beat estimates, but full-year 2026 revenue guidance of about $42 billion trails the roughly $44.28 billion analyst consensus. Membership declined to approximately 4.9 million, while investors focus on 2026 as the “trough year” for Medicaid […]
Read moreJuly 23, 2026 9:55 am
Key Moments IBM now projects full-year revenue growth of 4% to 5%, down from a previously expected 5%. Infrastructure revenue declined 7% year-on-year to $3.8 billion, with data-center mainframe sales dropping 42%. Quarterly free cash flow totaled $2.5 billion, $300 million lower than a year earlier, while adjusted EPS was $2.93 on $17.2 billion in […]
Read moreJuly 23, 2026 9:35 am
Key Moments ServiceNow shares advanced about 4.5% in U.S. premarket trading after reporting second-quarter results above Wall Street expectations. The company lifted its full-year 2026 subscription revenue forecast to a range of $15.76 billion to $15.78 billion, implying roughly 22.5% growth. AI annual contract value surpassed $1 billion, with agentic AI deployments increasing ninefold over […]
Read moreJuly 23, 2026 8:30 am
Key Moments The STOXX 600 fell 0.5% to 643.47 points by 0705 GMT, pressured primarily by technology names. STMicroelectronics dropped 15% after issuing a third-quarter revenue outlook with a midpoint slightly below market expectations. The STOXX 600 energy index gained 0.6% as Brent crude moved above $96 per barrel amid escalating tensions in the Middle […]
Read moreJuly 23, 2026 8:20 am
Key Moments Intel and AMD have been negotiating longer-term data center CPU supply agreements with Chinese server customers, according to Reuters. Some proposed contracts span two years or more and focus on securing purchase volumes without fixing prices. Rising AI-driven demand and tighter chip supply have encouraged buyers in China to lock in longer-term processor […]
Read moreJuly 22, 2026 2:22 pm
Key Moments TE Connectivity projected fourth-quarter adjusted earnings of $3.05 per share and revenue of about $5.25 billion, both above analyst expectations. The company agreed to acquire Astrodyne TDI for $1.4 billion and anticipated closing the transaction by the end of 2026. Third-quarter revenue increased 14% to $5.16 billion, while adjusted profit reached $2.94 per […]
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