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JPMorgan raised its year-end 2026 S&P 500 target to 8,000 from 7,800, citing evidence that major technology companies’ AI spending is converting into revenue growth and improved corporate profitability.
An exchange-traded fund is an investment fund holding a basket of assets that trades on a stock exchange like a single company share, offering instant diversification at low cost.
RxSight reported second quarter revenue of $33.7 million, down 19% year-over-year in core product sales, citing competitive pressure and market headwinds. New CEO Aziz Mottiwala withdrew full-year guidance while conducting a business assessment.
KORU Medical Systems reported $12 million in Q2 revenue, representing 18% year-over-year growth, while delivering positive net income for the first time since 2019.
The Honest Company reported Q2 2026 organic revenue growth of nearly 7% and record adjusted gross margins of 43.8%, while raising full-year guidance amid strength in wipes and personal care.
ANZ reported a slight profit increase but flagged softer mortgage demand following Australia’s property tax changes, joining rival banks in signaling weaker housing market activity.
