News Powered By AI
News Powered By AI
IHG reported operating profit growth of 10% in the first half of the year despite Middle East conflict headwinds, citing rising global wealth and middle-class expansion driving hotel demand.
CoreWeave shares surged 12% after the AI infrastructure provider reported revenue that doubled year-over-year, exceeding Wall Street expectations amid accelerating demand for generative AI capabilities.
Airbnb’s stock surged 9% after the company reported second-quarter earnings and revenue that exceeded analyst expectations, alongside optimistic guidance for the third quarter.
Intel plans to raise $15 billion through a stock offering, with its 165% rally this year significantly reducing the dilution cost to existing shareholders compared to earlier investment prices.
Babcock & Wilcox shares surged 40.5% after beating second-quarter earnings and revenue expectations while raising full-year guidance, citing improved performance across major projects.
Alcon raised its 2026 profit guidance after reducing estimated tariff costs by roughly $60 million following an anticipated U.S. government refund, boosting earnings per share expectations.
