Explore

Reuters Reuters
Royal Caribbean raises annual profit forecast, flags modest booking hit from Middle East

Royal Caribbean raises annual profit forecast, flags modest booking hit from Middle East

By Sanskriti Shekhar July 28 (Reuters) - Royal Caribbean raised its annual profit forecast on Tuesday after beating quarterly estimates, sending its shares up 5%, even as it factored in a modest hit to bookings due to the travel disruptions caused by the Middle East conflict.
Reuters Reuters
Biogen beats quarterly estimates as newer drugs fuel growth

Biogen beats quarterly estimates as newer drugs fuel growth

July 29 (Reuters) - Biogen reported second-quarter profit and revenue that topped Wall Street estimates on Wednesday, driven by strong demand for its rare-disease medicines, while sales of its legacy multiple sclerosis drugs stayed under pressure.
Reuters Reuters
Visa beats profit estimates on resilient consumer spending

Visa beats profit estimates on resilient consumer spending

By Prakhar Srivastava July 28 (Reuters) - Visa beat Wall Street estimates for third-quarter revenue and profit on Tuesday, as resilient consumer spending and strong travel demand boosted transaction volumes at the world's largest payment processor.
Reuters Reuters
Nasdaq falls as AI worries mount ahead of pivotal earnings

Nasdaq falls as AI worries mount ahead of pivotal earnings

By Johann M Cherian and Ragini Mathur July 28 (Reuters) - The Nasdaq fell on Tuesday, mirroring a cautious mood across global markets toward AI chip stocks on concerns about hefty corporate spending and rising Chinese competition, ahead of earnings from some of the biggest companies on Wall Street.
Reuters Reuters
Visa tops profit estimates on resilient spending, World Cup travel

Visa tops profit estimates on resilient spending, World Cup travel

By Prakhar Srivastava July 28 (Reuters) - Visa on Tuesday beat estimates for quarterly profit as steady consumer spending and the World Cup-fueled travel demand boosted payment volumes, signaling resilience amid uncertainty stemming from the conflict in the Middle East.
Reuters Reuters
PayPal presses on with turnaround in pivotal quarter as sale questions linger

PayPal presses on with turnaround in pivotal quarter as sale questions linger

July 28 (Reuters) - PayPal doubled down on its turnaround plan on Tuesday, raising its 2026 profit forecast and outlining cost-saving steps, as it looks to convince investors that it is worth more than the $53 billion takeover offer that analysts described as "low-ball".
Reuters Reuters
UPS hikes full-year forecast after completing Amazon volume transition

UPS hikes full-year forecast after completing Amazon volume transition

By Lisa Baertlein and Abhinav Parmar LOS ANGELES, July 28 (Reuters) - United Parcel Service lifted annual revenue and profit forecasts and posted second-quarter results above Wall Street estimates on Tuesday as it returned to growth on domestic demand strength after a planned volume pullback in
Reuters Reuters
P&G forecasts muted 2027 as tighter consumer spending hurt demand

P&G forecasts muted 2027 as tighter consumer spending hurt demand

By Juveria Tabassum and Alexander Marrow July 29 (Reuters) - Procter & Gamble forecast slower revenue growth in fiscal 2027 after quarterly sales missed estimates due to uneven demand in categories such as grooming and oral care from a "very challenging geopolitical and economic environment".
Reuters Reuters
Nucor beats quarterly results on strong pricing, demand

Nucor beats quarterly results on strong pricing, demand

July 27 (Reuters) - Nucor beat Wall Street estimates for second-quarter profit and revenue on Monday, helped by higher pricing and strong volumes in its steel mills segment.
Reuters Reuters
JetBlue recaptures nearly half of fuel cost surge, beats Street estimates

JetBlue recaptures nearly half of fuel cost surge, beats Street estimates

By Doyinsola Oladipo and Nandan Mandayam July 28 (Reuters) - JetBlue Airways on Tuesday reinstated its annual outlook, beat Street estimates and introduced a profit target for 2028 despite ongoing fuel headwinds due to the Middle East war, sending shares of the low-cost carrier up nearly 10%.
Reuters Reuters
Oreo maker Mondelez beats second-quarter estimates on steady demand

Oreo maker Mondelez beats second-quarter estimates on steady demand

July 28 (Reuters) - Cadbury parent Mondelez International beat Wall Street estimates for second-quarter revenue and profit on Tuesday, helped by steady demand for its chocolates and biscuits.
Reuters Reuters
Ford joins GM in raising profit outlook as wealthy buyers keep truck demand humming

Ford joins GM in raising profit outlook as wealthy buyers keep truck demand humming

By Nora Eckert DETROIT, July 28 (Reuters) - Ford Motor on Tuesday raised its annual profit outlook for a second time this year, following rival GM's move last week, citing "resilient" customers who are buying the company's pricey pickup trucks.