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Global hotel operator IHG reported operating profits grew 10% in the first half of the year despite Middle East conflict impacts, citing rising global wealth and demand for experiences.
Lowe’s reported mixed quarterly results and narrowed its full-year guidance, citing pressure on home improvement spending as customers remain cautious amid a slower housing market.
A major fried chicken chain has closed over 300 U.S. restaurants as it struggles against more agile competitors in an increasingly crowded market segment.
Active ETFs captured 42% of all new ETF inflows, up from 26% in 2024, as asset managers pivot toward actively managed exchange-traded funds to compete in the growing market.
Berkshire Hathaway Class B shares closed nearly 1% lower Monday despite CEO Greg Abel’s strong debut at the annual meeting and first-quarter operating earnings jumping 18%.
Peloton reported its first annual net profit in fiscal 2026, but shares fell nearly 13% after the company projected sales would decline in the coming year as price increases cycle through.
