July 14, 2026 1:06 pm
Key Moments Wells Fargo reported second-quarter net income of $6.41 billion, or $2.00 per share, surpassing analyst expectations of $1.72 per share. Net interest income increased 5% year over year to $12.32 billion, supported by a 12% rise in average loans. Markets revenue climbed 24% to $2.21 billion, driven by a 64% jump in equities […]
Read moreJuly 14, 2026 11:02 am
Key Moments O-I Glass stock declined 3.0% in pre-market trading after BofA Securities cut its rating from Buy to Underperform and lowered its price target from $13.00 to $11.00. Analysts have highlighted concerns about O-I Glass’s ability to meet its approximately $1.4 billion EBITDA goal for 2027, given a deteriorating earnings profile and a stretched […]
Read moreJuly 14, 2026 10:52 am
Key Moments Morgan Stanley projects roughly $200 iPhone price hikes in September, implying 2–4% upside to F3Q26 EPS and about 1% upside to FY27 EPS estimates. The firm views iPhone demand as highly inelastic, with recent Apple hardware price increases showing limited impact on Mac and iPad lead times. Upcoming catalysts include June quarter earnings […]
Read moreJuly 14, 2026 10:40 am
Key Moments PepsiCo’s North America food sales declined 2% in the quarter ended June 13, with volumes flat despite price reductions of up to 15% on major snack brands. North America beverage volume at PepsiCo fell 4% in the latest quarter, while Coca-Cola had reported 4% growth in the region three months earlier. GLP-1 weight-loss […]
Read moreJuly 13, 2026 2:21 pm
Key Moments Williams (NYSE:WMB) shares rose 1% after announcing a $5.34 billion joint venture financing with funds managed by Blackstone Credit & Insurance, alongside Apollo and KKR. The investors are committing $4.4 billion for a 49% noncontrolling equity stake in five Power Innovation projects, plus approximately $0.9 billion of additional consideration to Williams. Williams reaffirmed […]
Read moreJuly 13, 2026 2:11 pm
Key Moments Benchmark began coverage of Walt Disney with a Buy rating and a $115 price target, highlighting a shift toward a diversified consumer engagement model. Disney’s Experiences segment has been generating about 57% of segment operating income while contributing less than 40% of revenue. The streaming division has moved from nearly a $4 billion […]
Read moreJuly 13, 2026 1:18 pm
Key Moments AstraZeneca shares declined 1.2% to 12,684p after HSBC cut its rating from Buy to Hold and lowered its price target to GBP137.50 from GBP165.00. HSBC highlighted increased dependence on higher-risk clinical readouts, including SERENA-4 and AVANZAR in the second half of 2026, while trimming revenue estimates. The recent failure of the CARDIO-TTRansform Phase […]
Read moreJuly 13, 2026 1:15 pm
Key Moments Saia stock climbed 3.7% in pre-market trading after BofA Securities raised its rating from Neutral to Buy and lifted the price target to $502 from $499. The company outperformed Q1 2026 expectations with diluted EPS of $1.86 versus $1.82 consensus and revenue of $806.2 million, about 2.2% above forecasts. Shares traded at $436.46 […]
Read moreJuly 13, 2026 1:04 pm
Key Moments Agenus jumped 13% in premarket trading after unveiling an $85 million private placement that could rise to $340 million upon full warrant exercise. Micron Technology declined 5.1% as a steep selloff in South Korean memory-chip makers spilled over into U.S. semiconductor names. Western Digital slid 5.4% amid sector-wide weakness in memory and storage […]
Read moreJuly 13, 2026 9:50 am
Key Moments Nasdaq 100 Futures dropped 0.9%, while S&P 500 Futures slipped 0.25% and Dow Jones Futures edged down 0.12% by 05:45 ET. Conflicting statements over the status of the Strait of Hormuz and renewed U.S.-Iran strikes sparked a sharp risk-off shift and a jump in oil prices. A pivotal second-quarter earnings season begins this […]
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