Finance·5,886 stories
Finance News — Page 62
Chipotle stock jumps as chain hikes same-store sales forecast, says cyclospora fears hit sales in late July
Chipotle Mexican Grill raised its full-year same-store sales forecast and topped quarterly earnings expectations, sending its stock up more than 10%, though executives disclosed that a cyclospora outb
Gundlach: Bond Market Demanding Fed Act on Inflation
DoubleLine Capital CEO Jeffrey Gundlach said the Treasury market's reaction to the Fed's rate hold — with the 30-year yield surging to 5.213%, its highest since 2007 — shows investors want the central
Carvana stock falls 20% as 2026 guidance trails forecasts
Carvana shares plunged more than 20% in after-hours trading after the used-car retailer issued 2026 full-year adjusted earnings guidance of $2.7B-$3B, below analyst forecasts, despite topping Q2 reven
Robinhood slides 4% as crypto revenue drops 38%
Robinhood beat Q2 expectations with record $1.31B revenue but shares fell 4% in after-hours trading as crypto revenue plunged 38% year-over-year, overshadowing gains in options and equities.
Crypto Consolidation 'Extremely Bullish': ARK's Valente
ARK analyst Lorenzo Valente declared crypto is entering its largest-ever consolidation phase, forecasting accelerated mergers, bankruptcies, and shutdowns even as major exchanges BitMEX and BitMart wi
How Ford Survived Its Aluminum Crisis to Power Its Earnings and Its Stock - Barron's
Ford beat Q2 earnings expectations and raised its full-year guidance, sending shares higher even as the company's sales and revenue declined.
Meta Drops 5% on Missed EPS, Weak Guidance
Meta shares fell more than 5% in extended trading after the company missed EPS estimates and guided to lighter-than-expected revenue, as soaring AI infrastructure spending drove free cash flow down to
Meta Revenue Jumps 28% as $2.4B Legal Charge Hits Q2
Meta's Q2 2026 revenue surged 28% to $60.8 billion, but $2.4 billion in unspecified legal charges and $1.18 billion in severance costs from May layoffs dragged net income down 14% year-over-year.
Meta Misses Q2 EPS, Stock Drops 8% as Capex Floor Rises to $135B
Meta missed Q2 EPS by $0.96 while beating on revenue, sending shares down nearly 8% immediately after the report as the company raised the floor on its 2026 capital expenditure forecast to $135 billio
Carvana drops 20% as 2026 guidance misses estimates
Carvana posted record second-quarter profits but guided for full-year earnings well below Wall Street forecasts, sending shares tumbling more than 20% in after-hours trading.
Fed Holds Rates Fifth Straight Time at 3.5%–3.75%
The Federal Reserve held its benchmark interest rate at 3.5%–3.75% for the fifth straight meeting, with Chair Kevin Warsh pointing to energy-price uncertainty tied to the Iran war as a key factor ahea
Fed Holds Rates at 3.5-3.75% in 9-3 Vote
The Federal Reserve held interest rates steady for a fifth consecutive meeting, with the FOMC voting 9-3 to keep rates at 3.5%-3.75% as new Iran-related tensions raise fresh inflation risks.
Fed Holds Rates at 3.50%-3.75% for Sixth Straight Pause
The Federal Reserve held its benchmark rate at 3.50%-3.75% for a sixth consecutive meeting, with markets unusually split ahead of the decision, as investors turn to Chair Kevin Warsh's post-meeting pr
Why SoFi’s stock is dropping, even after its earnings beat expectations
SoFi Technologies beat Wall Street expectations on earnings per share and revenue in its second quarter, yet its stock fell sharply as investors reacted negatively to the online bank's restrained forw
Microsoft Beats on Revenue as Azure Tops $100B
Microsoft's Q4 revenue beat expectations at $90.01 billion, powered by Azure's 43% growth that pushed the cloud past $100 billion for the full year, even as a 23% plunge in free cash flow laid bare th
Meta Shares Drop on Weak Forecast, Heavy AI Spending
Meta's shares plunged after reporting a quarterly earnings miss and issuing a weaker-than-expected revenue forecast, while maintaining massive AI-driven capital spending.
Meta Q2 beat seen; capex could hit $150B
Meta heads into its Q2 earnings with Bank of America projecting a revenue and EPS beat, even as analysts expect the company to raise its 2026 capex outlook to as high as $150 billion amid investor scr
Coinbase hit by spot trading slump: Wall Street trims expectations ahead of earnings
Wall Street analysts cut their Q2 estimates for Coinbase ahead of Thursday's earnings report as spot crypto trading volumes fell sharply in April and May, leaving investors focused on regulatory progr
Humana beats Q2, holds $9 outlook as shares drop 6%
Humana topped second-quarter earnings estimates with $7.61 adjusted EPS and $40.87 billion in revenue, but left its full-year profit outlook unchanged at $9 per share — sending shares down more than 6
Humana Beats, Stock Falls on Flat Outlook
Humana maintained its adjusted earnings outlook after topping quarterly estimates, but the unchanged guidance and reports of a potential retreat from Medicare Advantage sent shares lower and left inve
Get the Finance newsletter
Curated finance stories, every morning. Free.
No spam. Unsubscribe anytime.