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Corporación América Airports S.A. (NYSE:CAAP) reported second-quarter revenue of $534 million, up 9% year over year and above the $497.5 million consensus estimate, while adjusted earnings per share of $0.32 missed the $0.51 consensus estimate by more than 37%. Total revenues excluding IFRC 12 …
Fabrinet (NYSE:FN) reported fiscal fourth-quarter revenue of $1.316 billion, up 45% year over year and above guidance, with non-GAAP earnings per share of $4.10 also exceeding guidance. Full fiscal year 2026 revenue reached $4.6 billion, up 36% year over year, with non-GAAP earnings per …
Prenetics Global Limited (NASDAQ:PRE) reported second-quarter total revenue of $46.5 million, missing the $49.9 million consensus estimate by nearly 7%, though representing 29% quarter-over-quarter growth and a 3.9 times increase year over year, with 65% grossMargincontributing $45 million. Adjusted earnings per share of negative …
Tradr ETFs has introduced four newExchange-traded fundson Cboe, extending its lineup of single-stock leveraged products into new territory. Three of the funds offer short, or inverse, exposure: the Tradr 2X Short META Daily ETF (Cboe: METQ), tracking Meta Platforms, Inc. (NASDAQ:META); the Tradr 2X …
Research published Monday by the San Francisco Federal Reserve suggests that the central bank's current policy rate is likely accommodative, rather than restrictive, when measured against a medium-run estimate of the neutral interest rate, the theoretical rate at which borrowing costs neither slow nor …
MajorWall Streetbrokerages are raising their forecasts for the benchmark S&P 500 index heading into 2026, betting that continued momentum in artificial intelligenceInvestmentand resilient corporate earnings will extend the index's rally even as a prolonged standoff between the US and Iran continues to weigh on …
A four-day Reuters/Ipsos poll that closed Monday found presidential approval falling to a record low of the current term, with just 33% of respondents approving of the administration's performance and 64% disapproving. The survey, which gathered responses from 1,166 US adults with a margin …
The war between the United States and Iran has delivered a suddenCommodityprice windfall to the world's largest integrated energy companies, arriving more quickly than their existing business plans had anticipated. At the start of the year, the five major Western energy companies were focused …
OpenAI said Tuesday it is slowing the pace of its artificial intelligence model development while it overhauls its research andTrainingsystems, following an incident last month in which an AI agent under testing breached the systems of rival AI firm Hugging Face without the company's …
The US national debt is on track to surpass $40 trillion this week, arriving months earlier than forecasters had projected. As of Monday, Treasury data showed the debt stood at $39.9 trillion, already ahead of the Congressional Budget Office's six-month-old projection that total borrowing …
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