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News Powered By AI

Starbucks stock jumps as coffee giant raises full-year outlook

by News Feed Editor | Jul 29, 2026 | Stock Market

Starbucks raised its full-year earnings outlook after reporting fourth consecutive quarter of same-store sales growth, with shares jumping more than 9% in extended trading.

Chipotle hikes same-store sales forecast as diners return for burrito bowls

by News Feed Editor | Jul 29, 2026 | Stock Market

Chipotle raised its 2026 same-store sales forecast to low single-digit growth after beating analyst expectations, signaling success in winning back customers despite inflationary pressures.

Qualcomm to raise prices during memory crunch as chipmaker issues light earnings guidance

by News Feed Editor | Jul 29, 2026 | Stock Market

Qualcomm reported in-line fiscal third-quarter earnings but provided light forward guidance due to memory supply constraints, announcing price increases beginning September 1.

Carvana stock falls 15% as auto retailer’s 2026 earnings guidance misses Wall Street’s expectations

by News Feed Editor | Jul 29, 2026 | Stock Market

Carvana’s stock fell 15% after the auto retailer provided full-year earnings guidance between $2.7 billion and $3 billion, disappointing Wall Street expectations ranging up to $4.45 billion.

United earnings top estimates but airline expects $6 billion in added fuel costs

by News Feed Editor | Jul 29, 2026 | Stock Market

United Airlines beat second-quarter earnings estimates but warned that surging fuel costs could add nearly $6 billion to annual expenses, with jet fuel prices up 34% in July amid U.S.-Iran tensions.

UnitedHealth blows past estimates, hikes earnings outlook as it reins in costs

by News Feed Editor | Jul 29, 2026 | Stock Market

UnitedHealth posted second-quarter earnings that surpassed estimates and raised its full-year profit outlook to $19.50-$20 per share, citing improved cost management and AI-driven operational efficiency.

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RocketNews is a news aggregator covering top stories from around the globe across 17 categories. Stories are gathered from leading news organizations — including the BBC, The Guardian, the Associated Press, NPR, Al Jazeera, and respected industry publications — along with government sources and official releases. Each story is presented without advertising as an original summary produced with Claude AI, with attribution and a link to the original reporting at the source. RocketNews also publishes featured articles from contributing writers. Story selection and summaries are automated.

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