Stock Market Articles

Fox Corp.’s quarterly revenue surged 28% to $4.21 billion, with advertising revenue climbing 78% to $1.92 billion largely driven by the FIFA World Cup held in North America this summer and growth from its free streaming service Tubi.

IHG reported operating profits grew 10% in the first half despite Middle East conflict disruptions, citing rising global demand fueled by a growing middle class prioritizing travel experiences.

Fabrinet reported record fourth-quarter revenue of $1.316 billion, up 45% year-over-year, driven by data center and communications infrastructure demand, with data center revenue growing 68% to represent 51% of total revenue.

Nvidia is investing $1.5 billion in a partnership to develop an 8-gigawatt AI data center campus in Ohio for OpenAI, highlighting growing electricity demands from artificial intelligence infrastructure.

Credo Technology shares climbed 8.82 percent to $282.82 ahead of earnings results, with the company guiding revenues to more-than-double year-over-year for fiscal 2027’s first quarter.

Home Depot beat earnings expectations in its fiscal second quarter and reaffirmed full-year guidance, citing market share gains despite what executives described as ‘frozen housing market conditions.’

Target raised its full-year outlook after posting quarterly earnings boosted by a $752 million tariff refund, with comparable sales growth outpacing Wall Street estimates.

Lowe’s reported mixed quarterly results and revised its full-year outlook downward, citing pressure in home improvement spending as consumers remain cautious amid a slower housing market.

Estée Lauder reported a 6 percent increase in fourth-quarter net sales to $3.6 billion, beating analyst expectations and showing continued turnaround momentum across most product categories and regions.

Nebius Group reported an estimated payback period of approximately 1 year and 10 months for second-quarter contracts, down from a historical range of two to three years, suggesting improving economics for its capital-intensive AI infrastructure business.

Baron Small Cap Fund sold its Floor & Decor Holdings position during the second quarter, citing weak existing home sales and preferring alternative exposure to a potential housing recovery.

Amer Sports reported a 339% surge in operating profit to $192m during the second quarter, driven by strong performance from Arc’teryx and Salomon divisions alongside revenue growth exceeding 30%.