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United Airlines beat second-quarter earnings estimates but warned that surging fuel costs could add nearly $6 billion to annual expenses, with jet fuel prices up 34% in July amid U.S.-Iran tensions.
UnitedHealth posted second-quarter earnings that surpassed estimates and raised its full-year profit outlook to $19.50-$20 per share, citing improved cost management and AI-driven operational efficiency.
Netflix stock declined over 7% Friday following disappointing earnings guidance, while the company announced plans to reduce the frequency of its engagement reports.
General Motors raised its full-year earnings guidance after beating second-quarter expectations, citing resilient consumer demand, stable vehicle pricing, and narrowing electric vehicle losses.
Super Micro Computer shares rose 15% after the server maker disclosed higher-than-expected margins for the June quarter driven by strong new orders and favorable product mix.
Moody’s warned that massive artificial intelligence infrastructure spending is threatening the credit quality of major tech companies including Amazon, Meta, and Alphabet by eroding free cash flow and increasing balance-sheet risk.
