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Major technology companies including Alphabet, Amazon, Meta, and Oracle have issued approximately $194 billion in bonds during 2026, nearly double their 2025 total, as they finance massive artificial intelligence infrastructure investments.
Berkshire Hathaway Class B shares closed nearly 1% lower after CEO Greg Abel’s first annual meeting performance and a reported 18% jump in first-quarter operating earnings.
Versant Media Group raised its full-year 2026 guidance, citing strength in digital platforms like Fandango and GolfNow. The company’s stock rose more than 6% following the announcement.
Restaurant Brands International reported second-quarter earnings that beat expectations, with adjusted earnings per share of $1.07 versus the anticipated $1.03, driven by strong Burger King U.S. sales growth.
JPMorgan Chase CEO Jamie Dimon warned that margin debt has reached record levels, with significant hidden leverage across financial markets that could trigger sudden market disruptions.
Phillips 66 reported net earnings of $3.8bn in Q2 2026, representing a 339% increase from $877m in the prior-year quarter, driven by higher margins and improved operations.
