Merck posts better-than-expected second-quarter results on Keytruda strength
Merck reported better-than-expected second-quarter revenue of $16.61 billion, driven by strong Keytruda cancer drug sales, and raised its full-year forecast.
Cyclospora outbreak has hurt Taco Bell but sales are already improving, Yum Brands CEO says
Yum Brands reported that a cyclospora outbreak linked to Taco Bell caused meaningful sales damage, though early recovery signs have emerged with sales improving over recent days.
Ferrari raises 2026 guidance after Q2 earnings beat
Ferrari raised its 2026 guidance after beating second-quarter expectations, citing strong demand for its luxury sports cars and a full order book through 2027.
Jersey Mike’s stock falls 6% in public market debut after pricing shares at $23
Jersey Mike’s shares fell 6% in their initial trading on the New York Stock Exchange after the sandwich chain priced its IPO at $23 per share, raising approximately $1 billion.
Coinbase shares fall after crypto exchange posts disappointing second-quarter results
Coinbase shares fell over 7% after reporting a wider-than-expected loss for the second quarter, marking its third consecutive quarter missing Wall Street revenue and earnings forecasts.
Financial stocks are crushing it. These charts show why the ‘breakout’ rally may have just begun.
Financial sector stocks have surged recently on strong earnings and reduced concerns about private credit, with the XLF financial ETF rising 6.2% in July and reaching record highs.