Markets react to Fed’s July interest rate decision
The Federal Reserve maintained its benchmark interest rate in the 3.50%-3.75% range following its two-day policy meeting, defying calls from President Trump for rate reductions.
Cyclospora outbreak has hurt Taco Bell but sales are already improving, Yum Brands CEO says
Yum Brands said a cyclospora outbreak tied to Taco Bell has damaged sales, but the company expects the impact to be temporary as sales trends have begun improving.
Ferrari raises 2026 guidance after Q2 earnings beat
Ferrari raised its 2026 financial guidance after delivering second-quarter earnings that exceeded Wall Street expectations, citing strong demand and a full order book through 2027.
Amazon stock soars 9% on ‘booming’ cloud growth, revenue beat
Amazon’s stock surged over 9% after the company reported better-than-expected revenue and cloud growth, with AWS expanding 37% year over year during the second quarter.
Retailer Reformation closes flat in NYSE debut as CEO says company is ‘ready to scale’
Women’s clothing retailer Reformation began trading on the New York Stock Exchange on Thursday after pricing its IPO at $15, with shares closing essentially flat on their first day of trading.
Jersey Mike’s stock falls 6% in public market debut after pricing shares at $23
Jersey Mike’s stock fell 6% on its NYSE debut after pricing shares at $23, raising approximately $1 billion and valuing the company at $7.3 billion.