Stock Market Articles

Amazon raised its 2026 capital expenditure forecast to $220 billion, citing elevated memory costs and surging AI demand, as cloud revenue grew 37% year-over-year during the second quarter.

Universal and Imax extended 70 mm screenings of Christopher Nolan’s “The Odyssey” into mid-September due to surging demand, with tickets selling out weeks in advance across limited theater locations.

Rivian Automotive reduced its 2026 capital spending guidance and narrowed adjusted loss forecasts while reconfirming vehicle delivery targets and reporting improved second-quarter gross profit.

Spider-Man: Brand New Day achieved a domestic box office preview record with $72 million in early ticket sales, surpassing the previous record held by Avengers: Endgame.

U.S. airfares rose 26.5% in June compared with a year earlier, with airlines reporting strong demand despite higher fuel and labor costs, signaling price increases will likely persist through the remainder of the year.

South Africa released draft guidelines for regulating cross-border cryptocurrency transfers, requiring transactions to occur through authorized providers and be reported to financial authorities.

Global cotton trade is projected to rise to 10.3 million tonnes by 2028/29 from 9.4 million tonnes in 2025/26, driven by resilient consumption despite production challenges.

ASIC has filed Federal Court proceedings against audit firm Auditeo and two auditors over alleged audit failures related to the First Guardian Master Fund, which later collapsed affecting over 6,000 investors.

Humana reported second-quarter earnings that exceeded Wall Street expectations, with medical costs tracking as anticipated, though the company maintained its 2026 profit guidance unchanged.

Hims and Hers shares fell 10% Wednesday after the FTC sued the telehealth company over alleged data privacy violations, improper billing practices, and difficult subscription cancellations.

Rolls-Royce expects a major hyperscaler nuclear deal soon as data center demand drives forecast for continuous power systems to account for up to one-fifth of its power-generation business by 2030.

Stellantis swung to profitability in the second quarter on North America strength, posting net profit of 293 million euros versus a prior-year loss, though adjusted operating income fell short of analyst expectations.