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Escalating U.S.-Iran conflict over the weekend prompted Wall Street to reassess economic risks, with energy prices rising and investors monitoring potential impacts on inflation and corporate earnings.
FedEx reported quarterly earnings that exceeded Wall Street expectations and raised its full-year outlook following its fiscal year realignment and FedEx Freight spinoff.
Neocloud IREN reported $4 billion in projected 2026 annual recurring revenue has been delayed to January or later following a customer request, though quarterly earnings beat analyst expectations.
Merck exceeded third-quarter expectations and raised profit guidance, driven by strong sales of its immunotherapy Keytruda and the newer injectable form Keytruda Qlex.
Restaurant Brands International reported mixed third-quarter results as Burger King’s U.S. turnaround accelerated while Popeyes continued to struggle against competitors.
Norwegian Cruise Line Holdings shares surged 13% Thursday after beating third-quarter earnings expectations and raising its full-year financial guidance.
