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Interactive Brokers reported earnings of $0.69 per diluted share for the quarter ended June 30, with net revenues rising to $1.90 billion and a pretax margin reaching 77%.
Prudential Financial announced the sale of its stake in Alexforbes to multiple buyers for approximately $185 million, marking a strategic exit from emerging markets as the company refocuses operations.
Marvell Technology shares declined 6% despite reporting 37% revenue growth and raising its fiscal 2028 outlook, as investors found the guidance disappointing relative to expectations.
Retailers have handled tariff refunds differently after the Supreme Court ruled in February that President Trump’s tariffs were unauthorized, leading to confusion about their earnings strength and future outlooks.
Palo Alto Networks exceeded fiscal fourth-quarter estimates as artificial intelligence security threats drive customer demand for its cybersecurity products, though shares declined in extended trading.
India’s secondaries investing market is gaining momentum as major Asian funds expand operations there, driven by a stronger IPO market, regulatory changes, and aging funds requiring liquidity solutions.
