The Indian stock market is expected to open cautiously on Thursday, July 16, following mixed global…
Category: Company
Company-level news and analysis: earnings, guidance, capital allocation, mergers and the strategic moves that reprice a stock. We cover the issuers whose results carry the indices and the sectors around them. Each note connects the corporate event to the investment case.
PNC Bank raises cost forecasts amid revenue growth plans
PNC Financial Services Group raised its forecast for noninterest expenses to approximately 8.5% for 2026, up…
SpaceX shares fall below IPO price to $132.62 on Wednesday
SpaceX's share price dropped to $132.62 on Wednesday, falling below its initial public offering (IPO) price…
Lucid Motors Denies Bankruptcy Rumors, Shares Volatile
Lucid Motors has denied reports suggesting it is considering bankruptcy. On Tuesday, the luxury electric vehicle…
United Airlines Q2 Revenue Hits $17.67 Billion, Shares Drop
United Airlines Holdings reported second-quarter revenue of $17.67 billion on Wednesday, exceeding analyst expectations of $17.62…
Morgan Stanley reports record Q2 earnings, tops estimates
Morgan Stanley reported second-quarter earnings on Wednesday that exceeded analysts' expectations, driven by record revenue from…
Larry Page’s Net Worth Surpasses $300 Billion After Rally
Larry Page's net worth surpassed $300 billion on Wednesday, driven by a rise in Alphabet shares.…
IBM stock crashes 25% after revenue miss, $40 billion loss
IBM's stock plummeted 25% on July 14, marking the worst single-day decline in its 115-year history.…
Cantor Fitzgerald partners with Securitize for IPOs on
Cantor Fitzgerald announced a partnership with Securitize on Wednesday to facilitate the issuance of blockchain-based shares…