Navan Inc. (NASDAQ:NAVN), a global AI-enabled business travel and expense management solutions provider, announced its second quarter results on September 9. The company registered a 45% growth in its gross booking volume (GBV), which reached more than $3 billion. Such growth was fueled by cohort expansion, customer additions and increase in its existing install base. Total revenue for the quarter was $233 million, representing a 35% year-over-year jump. The company's adjusted operating income more than doubled compared to Q2 FY26, and the quarter also saw positive cash flow generation.
Copyright: kentoh / 123RF Stock Photo
Navan delivered robust performance during the recently concluded quarter, driven by a 35% increase in usage revenue which clocked in at $211 million. Subscription revenue was also up 39%, reaching $21 million. Apart from the 45% GBV expansion, a 34% growth was witnessed in Q2 Payment Volume which stood at $1.3 billion. One of the highlights of this quarter was a turnaround in adjusted net income, which jumped from an $8 million loss in Q2 FY26 to a $14 million profit for the reported period.
Enterprise market momentum remained persistent during the period, as the company established partnerships with leading names such as Evotec, Enbridge, ****** mins, and Ingersoll Rand. Significant progress was made around the Navan's proprietary AI agent, Ava, which managed roughly 60% of the total customer interactions. More than 50% of AI calls are now being managed through the company's in-house AI models, compared to 30% for the previous quarter.
Additionally, the company finalized its acquisition of a leading travel management business, Smartrips. This will enable Navan to expand its presence within the swiftly expanding Latin American market. Navan also acquired an AI-led meetings and events management platform, BoomPop.

#volume

Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Opening a checking account is fairly simple, but choosing the right one takes a little homework. Not all checking accounts offer the same features and benefits. So, if you're interested in opening a checking account, be sure you follow this guide to selecting the best account and managing it properly.
Choosing the right checking account
How to open a checking account in 3 steps
How to open an online checking account

#checking #disclosure

Medtronic (NYSE: MDT), one of the world's largest medical device makers, was once considered a stable blue chip stock. But over the past five years, it has declined by more than 30% due to supply chain constraints, higher costs, quality control issues, and competitive pressure. However, Medtronic's stock is worth buying again for four simple reasons.
In fiscal 2026 (which ended this April), Medtronic's revenue grew 8.4% (and 5.8% organically) to $36.4 billion, marking its strongest top-line growth in ten years.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
That acceleration was driven by 9.3% organic growth in its cardiovascular business, which accounted for more than 38% of its enterprise revenue. All of its other segments (neuroscience, medical surgical, and diabetes) also grew organically.
Medtronic expects its organic revenue to rise 7.25%-7.75% in fiscal 2027, representing another multi-year high and easily exceeding its historical average of around 5%. Once again, that growth will be led by its rising sales of cardiovascular devices. From fiscal 2026 to fiscal 2029, ****** ysts expect its reported revenue to grow at a 5% CAGR.

#fiscal #NVIDIA

Musk's $30 trillion AI forecast props up Tesla's 371 trailing P/E, but NVIDIA warns its entire supply chain is already running flat out.
Electricity and the internet took decades to diffuse through the economy, making Musk's 18-month productivity timeline roughly a decade optimistic by historical base rates.
Just released. Our ***** ysts combed the entire stock market and named the ten best stocks to buy right now. The report is free. Enter your email and see if any of your stocks made the cut.
Elon Musk told the G20 this week that artificial intelligence will "probably increase the global economy by 20 to 30%. That's my rough estimate, meaning on the order of 20 to 30 trillion per year."
This matters because Tesla (NASDAQ:TSLA) is no longer valued as a car company. It trades at a $356.09 price with a trailing P/E near 371x, which only makes sense if you believe autonomy and humanoid robotics are close. A CEO telling world leaders that robotics is about to reshape productivity is talking his book, in the most literal sense of the phrase.

#productivity

By Dhara Ranasinghe and Harry Robertson
LONDON, Sept 1 (Reuters) - Government borrowing costs from the United States to Germany and ***** an are at or near multi-decade peaks on heightened worries about inflation and rising interest rates, along with nagging anxiety about their debt loads.
Elevated bond yields could squeeze households ‌and companies as well as exacerbating government finances.
Here's a look at what's behind the move in some major economies.
WHAT'S GOING ON?

#london #sept

Toast, Inc. (NYSE:TOST) delivered strong second-quarter 2026 financial results, highlighted by raised full-year guidance across key profitability metrics. The restaurant management software provider raised its full-year 2026 adjusted EBITDA outlook to $805 million–$825 million, up from its previous projection of $790 million–$810 million. Management also raised its guidance for recurring gross profit streams, defined as subscription services and financial technology solutions gross profit, to $2,325 million–$2,355 million (23%–25% year-over-year growth).
For Q2 2026, total revenue reached $1.90 billion, climbing 23% year-over-year, while total gross profit reached $516 million. GAAP net income rose sharply to $154 million ($0.26 per diluted share) from $80 million ($0.13 per share) in Q2 2025. Adjusted EBITDA reached $221 million, inclusive of a $10 million one-time benefit from tariff refunds, which management plans to reinvest into strategic growth initiatives. Operational expansion remained robust: Annualized Recurring Run-Rate (ARR) surged 25% year-over-year to $2.4 billion, supported by 22% growth in Gross Payment Volume (GPV) to $60.7 billion. The company added a record 9,500 net new locations in the quarter, bringing its global active footprint to approximately 180,000 locations.
This raises a core question: Does Toast, Inc. (NYSE:TOST)'s operational momentum and platform expansion justify a valuation premium, or will increasing market saturation and macroeconomic pressure on restaurant spending cap further upside?
Bulls emphasize Toast, Inc. (NYSE:TOST)'s industry-leading software adoption and expanding ecosystem. Following the Q2 report, on August 12, Truist raised its price target on Toast to $39 from $33 on August 12, maintaining a Buy rating. The firm noted higher recurring gross profit estimates driven by location net adds and rising subscription SaaS ARPU as new product launches ramp up. Operational tailwinds received another boost on August 10 when Adyen announced an expanded partnership with Toast into the U.S., supporting Toast's more than $215 billion in annual GPV across 180,000 locations and scaling its global processing capabilities.
Bears argue that persistent inflation and consumer spending fatigue could pressure restaurant transaction volumes, impacting Toast, Inc. (NYSE:TOST)'s payment processing revenues. While DA Davidson raised its price target to $34 from $30 on August 10 following the Q2 beat, the firm maintained a Neutral rating, pointing to a balanced risk-reward profile. Additionally, Toast's Q2 EPS of $0.26 came in below certain consensus estimates despite top-line beats, reflecting ongoing investments in international scaling, enterprise sales, and AI features like Toast IQ Grow. Free cash flow also slowed to $130 million in Q2 2026 from $208 million in the prior-year period.

#toast #gross #raised #billion

The second quarter earnings season is nearly complete, with Nvidia's (NVDA) Q2 results on Wednesday serving as a keystone to a remarkably strong stretch of corporate reports.
According to FactSet data, second quarter earnings for S&P 500 companies are on pace to rise 50% year over year, the highest growth rate since 2021. Artificial intelligence has been the growth engine of that broad-based earnings growth, Bank of America strategists noted.
In addition to Nvidia's results, investors watched for key updates from dollar stores Dollar Tree (DLTR) and Dollar General (DG); software companies, such as Salesforce (CRM), Intuit (INTU), and Zoom (ZM); and other retailers like ****** 's Sporting Goods (DKS) and Kohl's (KSS).
Abercrombie & Fitch (ANF) shares jumped 9% in premarket trading after the retailer reported an earnings beat
In Q2, Abercrombie reported net income per share of $4.17, inclusive of a $1.75 benefit from tariff refunds. That surpassed Wall Street ****** yst expectations for earnings of $1.97, per S&P Global Market Intelligence.

#abercrombie

The S&P 500 Index ($SPX) (SPY) is down by -0.43% today, the Dow Jones Industrial Average ($DOWI) (DIA) is up by +0.19%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down by -1.41%. E-mini S&P futures (ESU26) are down -0.36%, and September E-mini Nasdaq futures (NQU26) are down -1.36%.
Stock indices are mixed today, with the Nasdaq 100 falling to a 3-week low. The broader market is under pressure today amid the weakness in chipmakers and AI-infrastructure stocks. Also, weighing on market sentiment was the collapse of trade talks late last Friday between Canada and the US, prompting the US to apply a 50% tariff on about $20 billion of Canadian goods. Canada announced retaliation on US goods that will take effect on September 8.
Soros Fund Management Opened a New Position in Nebius During Q2. What This Means for NBIS Stock.
Nvidia Earnings, Jackson Hole and Other Key Things to Watch this Week
Ahead of Nvidia Earnings, Here's What Barchart Data Says Comes Next for NVDA Stock

#Stock #today

Walmart (NASDAQ:WMT) reported revenue up 5.9% to $187.9 billion for its fiscal second quarter (the period ended July 31) on Thursday, Aug. 20, and raised its full-year outlook. The stock fell 9.2% anyway, closing at $103.84, down from $114.30. It was Walmart's worst single session since May 2022.
The problem wasn't the quarter's totals. It was the growth rate underneath them. U.S. comparable sales rose 2.6%, and the deceleration is now hard to miss -- a year ago, this quarter's comp growth was 4.6%, and the fiscal first quarter's was 4.1%.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Thursday's drop was the fourth-largest of the past 15 years. And that rarity is useful, because the three bigger ones each come with a date and a documented aftermath.
Image source: Getty Images.

#Growth #walmart

I'm building additional passive income streams to supplement my paycheck. Every month, I receive dividend payments from Realty Income (NYSE:O), Main Street Capital (NYSE:MAIN), and EPR Properties (NYSE:EPR). It's like getting another paycheck each month, except I didn't have to do any work for the money.
I like investing in these monthly dividend stocks because the recurring cash flow gives me a set amount to reinvest each month until I retire, when it will then help cover some of my living expenses. That beats the lumpier quarterly cadence of most other dividend stocks. Here's a look at why I chose this particular trio of monthly dividend payers.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Image source: Getty Images.
Realty Income is the gold standard among monthly dividend stocks. The real estate investment trust (REIT) has declared 674 consecutive monthly dividends. It has raised its payment for 115 consecutive quarters and 135 times since its 1994 listing on the NYSE. The REIT has increased its payment annually for more than three decades, growing it at a 4.1% compound annual rate. It's as consistent an income stock as they come.

#signal #stocks

Aug 19 (Reuters) - Lyntris' shares fell 11.4% in the defense contractor's New ‌York debut on Wednesday, giving ‌the company a valuation of $1.78 billion and underscoring investor caution toward new listings.
Shares of the company opened at $15.5 each, below the initial public offering price of $17.50 apiece.
The ‌Falls Church, Virginia-based ⁠company and some of its existing shareholders downsized the IPO ⁠to 17 million shares on Tuesday and raised $297.5 million, after the company and its shareholders had initially marketed 24 million shares ‌at $19 to $22 apiece.
The company sold about 5.7 million shares in the IPO, more than its earlier proposal of about 4.9 million shares, while existing shareholders ‌cut their offering by more than 7.8 million shares.
The U.S. IPO market has rebounded strongly ‌in recent months, bringing startups across sectors to the public markets. However, investors remain selective.

#shares #apiece #existing

By
Listen
(1 min)
Homeowners took on smaller, spring maintenance projects during the recent quarter despite continuing economic uncertainty, driving Home Depot’s HD -0.29%
decrease; down pointing triangle
sales higher and giving the company confidence to back its full-year outlook.

#depot #took #spring #maintenance

The spending is going up. The margins are going down. Free cash flow is negative. And a Wall Street ***** yst who covers one of the most closely watched stocks in the market just published a note saying the next quarter has to be different.
The note comes from Morgan Stanley. The company it covers is Tesla. ***** yst Andrew Percoco has been on the Tesla account since longtime ***** yst Adam Jonas moved to the automotive side. His message on August 11 is direct. The long-term AI thesis is still intact. But the numbers need to start showing up, according to Investing.com.
Percoco kept his Equal Weight rating and $415 price target on Tesla. The stock was trading around $330 at the time of publication. That puts the target roughly 26% above where the stock was sitting.
The note says the second quarter earnings call did not change his long-term view. Tesla is positioned to lead in physical AI. That part of the thesis is not in question. What has changed is the urgency around proof. Weaker gross margins, higher research and development spending, and extended free cash flow burn have "sharpened our and investors' focus on measurable progress across Robotaxi and Optimus," Percoco wrote.
More Tesla:

#tesla

By Andre Romani
SAO PAULO, Aug 13 (Reuters) - Brazilian digital lender Nubank's quarterly net profit surpassed $1 billion for the first time, beating ****** ysts' estimates and causing ‌shares to surge after the bell on Thursday.
Nu Holdings posted net profit ‌of $1.06 billion for the April-June quarter, a 49% rise year-on-year on a foreign-exchange-neutral basis and above the $967.2 million Visible Alpha estimate.
Shares in the lender, which serves nearly 139 million clients across Brazil, Mexico and Colombia and is preparing to start operating in the U.S., jumped some 9.5% in extended trading to about $15.25 each.
The profit increase was driven by higher revenue and an improvement in ‌risk-adjusted net interest margin, Chief ⁠Financial Officer Rob Livingston, who ****** umed the role last month, told Reuters.

#year #million

Synopsys (NASDAQ:SNPS) just handed AMD (NASDAQ:AMD) and Microsoft (NASDAQ:MSFT) a new way to design chips: let AI agents do more of the work. On July 27, Synopsys unveiled autonomous agentic AI workflows built with Microsoft and already being evaluated by AMD, aimed at cutting the time it takes to turn a chip specification into working silicon. The announcement lands as investors weigh whether Synopsys deserves its premium for owning so much of the AI buildout's tooling.
Synopsys introduced two autonomous workflows at the DAC Chips to Systems Conference, developed with Microsoft and available for evaluation on Microsoft Discovery. One handles debug closure, using domain-specific and task-level agents to find design failures and speed up validation, with early evaluations showing a 25% to 40% reduction in debug cycle time. The other automates implementation and closure work on Synopsys' Fusion Compiler on Azure, with early results pointing to improved quality of results. AMD is actively evaluating these workflows for its next-generation products.
That traction fits a broader pattern. Synopsys already counts Nvidia (NASDAQ:NVDA) as both a customer and an investor, after Nvidia expanded its partnership with a $2 billion investment. Synopsys' design software and intellectual property make it hard for rivals to dislodge once a chipmaker builds a project around its tools, and that stickiness showed up in the numbers: fiscal 2026 second quarter revenue grew 42% year-over-year, prompting the company to raise its full-year guidance.
Despite that growth, Synopsys shares had fallen 12% year to date as of July 16, a gap one **** ysis called jarring given the company's market share gains. Part of the explanation sits inside the Ansys deal: Synopsys paid $35 billion for it, and the resulting amortization costs have kept margins tight, with relief only expected once those costs wind down. Stock-based compensation made up roughly 58.8% of Synopsys' operating cash flow in fiscal 2025, meaning a large share of its reported free cash flow, about $1.3 billion for the year, comes from a non-cash add-back rather than actual cash generation.
There are also risks outside the balance sheet. Synopsys is managing multiple class action lawsuits alleging misstatements about its intellectual property segment, and a settlement with Elliott Investment Management could still push the company toward strategic changes.

#cash #workflows #NVIDIA

A Chapter 7 bankruptcy generally involves liquidation, but it doesn't necessarily mean the end of the businesses or brands connected to the person or business who filed.
Big Lots, for example, filed for Chapter 7 bankruptcy and was liquidated, but some of its stores and the right to use its name were sold to Variety Wholesalers. That transaction gave Variety Wholesalers the right to reopen between a quarter and half of the chain's roughly 800 stores.
In many cases, however, in a Chapter 7 filing, the brands go away. When it comes to Nick Pihakis, who owns Pihakis Restaurant Group, it's unclear whether any of his company's many restaurants, some of which have already closed, will survive.
The case was filed by Pihakis individually, not by Pihakis Restaurant Group or any affiliated LLCs. Huntsville attorney Kevin Heard of Heard Ary & Dauro is representing Pihakis.
Pihakis has a long list of creditors that has gotten longer since TheStreet last reported on his situation in May.

#wholesalers #heard #brands

Major market indexes are surging yet again, with both the S&P 500 (SNPINDEX: ^GSPC) and the Dow Jones Industrial Average (DJINDICES: ^DJI) hitting new record highs earlier this week.
However, continued volatility within the tech industry has left investors with mixed feelings about the market. While 37% of investors feel optimistic about the next six months, according to the latest weekly survey from the American ****** ociation of Individual Investors, 38% feel pessimistic and 25% are neutral.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
While history suggests the market may be in risky territory, it can also offer investors a clear road map for how to prepare.
First, it's important to note that ****** ody can predict the market's short-term moves, and no stock market indicator is 100% accurate. That said, sometimes these metrics can provide context for the market's recent performance and guide investors' strategies.

#snpindex

Our ****** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Management attributed the strong second quarter performance to the successful capture of Cactus III synergies, organizational efficiencies, and the absence of first-quarter operational headwinds.
The divestiture of the Canadian NGL business was a strategic pivot to focus on crude oil as a pure-play entity, successfully reducing leverage to 3.3x and providing a catalyst for cost streamlining.
Permian production growth expectations were revised upward to 100,000-200,000 barrels per day exit-to-exit, primarily driven by natural gas egress coming online earlier than anticipated.
The company is shifting its strategic focus toward a 'demand pull' market model, positioning its infrastructure to serve as a secure supply source amid global energy volatility and low inventories.

#exit #NVIDIA #tell #management

Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Your car insurance liability limits determine the maximum amount your insurance company will pay for a covered claim. While most states set minimum car insurance requirements, the required amounts usually aren't enough to adequately protect your finances after a serious accident. When selecting the right coverage limits, it's important to consider several factors, including your ***** ets, income, vehicle, and risk tolerance.
Choosing the right car insurance coverage limits isn't always straightforward. This guide explains how the different types of coverage work and what to consider when deciding how much car insurance coverage you may need.
Learn more: How does car insurance work? The basics explained.
Almost every state requires drivers to carry a minimum amount of car insurance so they can help pay for injuries or property damage caused by an accident they are responsible for. However, meeting your state's minimum requirements doesn't necessarily mean you'll have enough coverage to pay for all related costs or adequately protect your finances. Because insurance requirements vary by state, it's important to know whether the minimum car insurance coverage limits are right for your situation.

#minimum #amount #protect

Juno Beach, Florida-based NextEra Energy, Inc. (NEE) generates, stores, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company has a market cap of $185.2 billion and operates through Florida Power & Light Company (FPL) and NEER segments. NextEra generates electricity from wind, solar, nuclear, natural gas, and other clean energy ***** ets.
The electricity supplier's shares have rallied the broader market over the past year, growing 25.2% compared to the S&P 500 Index's ($SPX) 16.3% surge. Moreover, in 2026, the stock has risen nearly 11.2%, outperforming the SPX's 8.5% rise as well.
Nasdaq Futures Plunge as Chip Selloff Rages On, FOMC Meeting and Earnings on Tap
Ahead of Microsoft Earnings, Here's What Barchart Data Says Comes Next for MSFT Stock
Broadcom Leads 3 AI Stocks Quietly Raising Their Dividends, One by 161%

#energy #company #Stock #electricity

Honda Motor and Nissan Motor plan to collaborate in the development of a new software operating system (OS) for their next-generation vehicles, as the two ****** anese automakers look to cut vehicle development and production costs amid intensifying global competition, according to local reports citing a source familiar with the matter.
As the automotive industry moves towards software-defined vehicles (SDVs), software and electronic hardware account for an increasing proportion of the cost of a vehicle, as advanced driver ****** istance systems (ADAS), autonomous driving, connected technologies, and AI ****** istants become core features in next-generation vehicles.
Nissan and Honda, which pulled back from a full merger in early 2025, have been discussing collaboration in a number of areas, including SDVs, and EV batteries and powertrain components.
These latest reports suggest that a new OS, which serves as the brain of a vehicle, will be developed based on Nissan's existing OS. The two companies also plan to share key electronic hardware, including electronic control units (ECUs), with a formal agreement expected to be announced next month.
The decision to standardise software and electronic hardware was apparently made following recent progress in preliminary joint development.

#software #development #vehicles #hardware

Montaka Global Investments, an investment management company, released its second-quarter 2026 investor letter. A copy of the update is available to download here. Montaka manages a concentrated portfolio of high–conviction, long-term, competitively advantaged businesses bought when prices are attractive. While it delivered positive returns in the June quarter, its 12-month performance was largely negative due to declines in the March quarter amid the 'SaaSpocalypse', yet the underlying businesses performed well. Montaka's strategy focuses on owning businesses that grow earnings in large markets, which struggled against short-term bottleneck trades that gained popularity. However, Montaka aims for long-term excess returns above market indices, anticipating that current mispricing will eventually correct. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Montaka Global Investments highlighted Mastercard Incorporated (NYSE:MA). Mastercard Incorporated (NYSE:MA) is a leading global payment technology company provides transaction processing and other payment-related products and services. On July 22, 2026, Mastercard Incorporated (NYSE:MA) closed at $531.98 per share, reflecting a market capitalization of $470.05 billion. Mastercard Incorporated (NYSE:MA) posted a one-month return of 8.81%, while its shares lost 5.59% over the past 52 weeks.
Montaka Global Investments stated the following regarding Mastercard Incorporated (NYSE:MA) in its Q2 2026 investor update:
"On the other side of the market are some of the world's highest quality businesses which have been overlooked during the semiconductor–mania.
Take Visa and Mastercard Incorporated (NYSE:MA), for example. Both are extraordinarily advantaged businesses and have consistently grown annual revenues at double–digit percentage rates for many years. And in our view, strong growth will likely continue – driven by new value–added services attached to their payment networks (related to stablecoins, agentic commerce, fraud detection, and other data services) which are growing at even faster rates.

#incorporated #businesses #Investments #quarter

By
Updated July 22, 2026 10:51 am ET
Listen
(1 min)
Philip Morris International PM -1.64%
decrease; down pointing triangle
is spending more to expand its Zyn portfolio and meet rising demand for the nicotine pouches.

#philip #morris #international

Interested in Archer Aviation Inc.? Here are five stocks we like better.
Archer Aviation and Anduril unveiled Thunder, a hybrid-electric autonomous rotorcraft aimed at defense applications.
The defense pivot could give Archer a second path beyond the slower regulatory timeline for civilian air taxis.
Archer still faces heavy cash burn, certification risk and a long commercialization runway despite its strong liquidity position.
The civilian electric vertical takeoff and landing market remains trapped in a regulatory holding pattern. Developing a functional urban air-taxi network requires deep consumer adoption, local infrastructure overhauls, and grueling Federal Aviation Administration approvals.

#here

BXP, Inc. (BXP) is a leading U.S. real estate investment trust (REIT) that develops, owns, and manages premier office and mixed-use properties across major gateway markets. Its operations center on leasing, property management, and redevelopment, with a focus on high-quality workplaces for corporate and professional tenants. The company is headquartered in Boston, Massachusetts and has a market capitalization of $12.46 billion.
BXP is expected to report its second-quarter results for fiscal 2026 on July 28, after the market closes. Ahead of the release, Wall Street ****** ysts have a mixed outlook about the company's bottom-line trajectory.
Alibaba Stock Just Got Apple's Biggest AI Endorsement. This Could Be a Game Changer for BABA.
Elon Musk Says If ****** eX Accomplishes Its Goals, 'It Will Be Worth More Than The Rest of Earth' — Though He's Also Said 'Money Will Stop Being Relevant'
AI Bubble Fears, Earnings and Other Can't Miss Items this Week

#mixed #boston #ahead

The artificial intelligence (AI) boom is reshaping corporate technology spending in unexpected ways. On Tuesday, July 14, International Business Machines Corporation (IBM) announced its preliminary Q2 FY2026 adjusted earnings of $2.93 per share on $17.2 billion in revenue, missing Wall Street estimates and sending its shares sharply lower.
The company revealed that the AI-driven memory shortage prompted enterprise customers to redirect a larger share of their technology budgets toward infrastructure, while higher cybersecurity spending weighed on its own results. These changing priorities contributed to IBM's weaker-than-expected performance.
This High-Yield Bank Stock Just Raised Its Dividend by 17.6%.
Apple Acquired a New Data Observation Startup Called SigScalr. What That Means for AAPL Stock Moving Forward.
3 Market-Beating Dividend Kings for Generations of Income

English wine business MDCV UK has taken a stake in the UK-based French rosé producer Après Provence.
The size of the stake was not disclosed, nor were the financial terms of the deal.
Alongside the investment, MDCV UK said in a statement that it will **** ume control of production and UK distribution of the Après Provence brand under a four-year contract.
MDCV UK told Just Drinks it has "always worked alongside Après to oversee the production". It said it has also "always collaborated on distribution" although now the business "will take over this exclusively".
Launched last year, Après Provence sells its Côtes de Provence rosé wine in the UK market, and has seen "rapid growth, securing listings across premium hospitality and retail channels", according to the statement from MDCV UK.

BMW solidified its position as the top-selling luxury automaker in the U.S. with strong second-quarter sales, a result that comes as many rivals experienced declines.
The timing of BMW's impressive quarter is important. One of the brand's largest markets, China, has gone in the opposite direction in 2026, forcing BMW (BMWYY) to revise its outlook for the year.
While U.S. demand can't fully offset the China slowdown, the growth in U.S. sales gives BMW a resilient and profitable market it can rely on. It's also a source of stability at a time when rivals like Mercedes-Benz, Lexus, and Audi have seen sales slide.
Excluding the smaller Mini brand, BMW sold 102,713 vehicles in the U.S. in Q2, a healthy year-over-year increase of 13%. First-half sales reached 186,944 units, up by 4.7%.
103,257 of those models were larger, more expensive SUVs.

CONCLUDED
Last Updated: Jul 8, 2026, 5:51 PM EDT
Updated 1 day ago
By
Naomi Buchanan

PepsiCo (PEP) quarterly results showed that North American consumers remain under pressure as they focus on essentials and budget for higher gas prices.
The soda and snack giant beat Wall Street's expectations on both the top and bottom lines, but its North American results weighed on the quarter. Additionally, Americans didn't stock up on snacks following price cuts of roughly 15% in February on Lay's, Doritos, Cheetos, and Tostitos.
"Results were tempered in the quarter as U.S. food and beverage category performance moderated with consumer budgets tightening due to rising inflationary pressures," Chairman and CEO Ramon Laguarta said in prepared remarks.
PepsiCo's stock fell over 1% in premarket trading.
Adjusted earnings per share came in at $2.20 in the fiscal second quarter, more than the $2.19 Wall Street **** ysts expected. Pepsi also posted a revenue beat, driven by international results, with sales of $24.2 billion above the $23.9 billion expected.