Explore

Apollo fees and insurance earnings rise, asset sales slow in second quarter

Apollo fees and insurance earnings rise, asset sales slow in second quarter

NEW YORK, Aug 4 (Reuters) - Apollo Global Management posted a rise in earnings from fees and its insurance business in the second quarter, but cashed in less on its own investments in a tougher environment for asset sales, the company said on Tuesday.

KKR to take medical equipment maker Integer Holdings private in $5.7 billion deal

KKR to take medical equipment maker Integer Holdings private in $5.7 billion deal

Aug 3 (Reuters) - Private equity giant KKR will take Integer Holdings private in an all-cash deal valued at about $5.7 billion, the medical-device outsourcing firm said on Monday. Shares of Plano, Texas-based Integer Holdings rose 2.4% in premarket trading.

Singapore's Grab lifts 2026 forecasts on solid delivery, ride-hailing demand

Singapore's Grab lifts 2026 forecasts on solid delivery, ride-hailing demand

Aug 4 (Reuters) - Singapore's Grab raised its annual revenue and profit forecasts on Tuesday, banking on promotions and expansion efforts to drive demand for its ride-hailing and delivery services.

Cummins misses quarterly profit estimates despite strong generator demand

Cummins misses quarterly profit estimates despite strong generator demand

Aug 4(Reuters) - U.S. truck engine maker Cummins reported second-quarter profit below market expectations on Tuesday, despite benefiting from strong demand for generators and improving conditions in the North American truck market, sending its shares down as much as 8% in premarket trading.

US stock futures advance as strong AI-linked earnings continue

US stock futures advance as strong AI-linked earnings continue

By Johann M Cherian and Shashwat Chauhan Aug 4 (Reuters) - U.S. stock index futures rose on Tuesday after strong forecasts from Palantir and ON Semiconductor reassured investors about AI-driven demand, while Middle East developments and U.S. earnings were also in focus to gauge the health of

Palantir raises annual revenue forecast on strong demand from US government, commercial customers

Palantir raises annual revenue forecast on strong demand from US government, commercial customers

Aug 3 (Reuters) - Palantir Technologies on Monday raised its annual revenue forecast again, signaling strong demand for its data analytics software from government and commercial clients. Shares of the company rose 8% in extending trading.

Vertex raises annual revenue forecast on cystic fibrosis drugs strength

Vertex raises annual revenue forecast on cystic fibrosis drugs strength

Aug 3 (Reuters) - Vertex Pharmaceuticals on Monday raised the upper end of its annual revenue forecast, banking on robust demand for its cystic fibrosis treatments.

Snap beats revenue estimates on ad boost from World Cup, shares jump

Snap beats revenue estimates on ad boost from World Cup, shares jump

Aug 3 (Reuters) - Snap beat second-quarter revenue estimates on Monday, thanks to increased advertising spending during the FIFA World Cup and stronger campaign activity from large advertisers in North America, sending its shares up 9% in extended trading.

DuPont raises annual profit forecasts after quarterly beat on price hikes, cost cuts

DuPont raises annual profit forecasts after quarterly beat on price hikes, cost cuts

Aug 4 (Reuters) - Industrial materials maker DuPont raised its annual profit forecasts on Tuesday after beating second-quarter estimates, driven by price hikes and the impact of its capital deployment measures.

Robinhood's second private markets fund targets $200 million US IPO

Robinhood's second private markets fund targets $200 million US IPO

Aug 3 (Reuters) - A newly minted venture fund run by Robinhood for investing in early-stage companies is aiming to raise as much as $200 million in its U.S. initial public offering, according to a regulatory filing on Monday.

Wall Street rallies, Dow closes at record on Iran talks optimism

Wall Street rallies, Dow closes at record on Iran talks optimism

By Chuck Mikolajczak and Johann M Cherian NEW YORK, Aug 3 (Reuters) - U.S. stocks kicked off August on a strong note to send the Dow Industrials to a closing record high, as signs of de-escalating U.S.-Iran tensions pulled down oil prices and Treasury yields in a busy week for earnings and economic

Caterpillar raises 2026 revenue growth target after quarterly profit beat

Caterpillar raises 2026 revenue growth target after quarterly profit beat

Aug 4 (Reuters) - Caterpillar raised its revenue growth forecast after beating second-quarter profit estimates on Tuesday, benefiting from a buildout of AI data centers that has spurred demand for its power-generation and construction equipment.