Fed interest-rate decision rocks Wall Street’s inflation fears
The Federal Reserve held interest rates steady on July 29, with the Dow closing down 2.19% amid investor concerns about inflation control and potential future rate hikes.
Coinbase shares fall after crypto exchange posts disappointing second-quarter results
Coinbase shares fell over 7% after reporting a wider-than-expected quarterly loss of $359.5 million, marking its third consecutive quarter missing Wall Street revenue and earnings forecasts.
Apple drops 7%, Amazon surges 12% as investors pick AI winners after earnings
Amazon surged 12% after reporting strong cloud growth, while Apple fell 7% citing supply constraints and weak guidance, signaling divergent investor views on AI strategies.
Corning tumbles 12% after earnings, leading rout in optical stocks
Corning shares fell 12% following second-quarter earnings results, despite beating profit and revenue estimates, as forward guidance disappointed investors and pressured other optical component stocks.
Cognizant Misses Earnings Forecast Despite Revenue Beat and Higher Full-Year Outlook
Cognizant reported second-quarter revenue of $5.5 billion, beating expectations, but earnings per share of $1.37 fell short of forecasts, causing shares to decline in pre-market trading.
Clean Harbors announces $305M deal and data center strategy
Clean Harbors reported strong Q2 2026 results with $1.74B in revenue, up 11.9% year over year, and announced a $305M acquisition of Louisiana-based ES&H.