U.S. President Donald Trump communicated a 25% tariff for South Korea in a letter sent to President Lee Jae-myung in early July, unchanged from the “Liberation Day” rate.
Deputy Attorney General Todd Blanche has reached out to Ghislaine Maxwell to discuss her potential cooperation with prosecutors. This move comes amid the Justice Department's (DOJ) renewed interest in the Epstein case amid public backlash.
Kevin O'Leary has endorsed Donald Trump's proposal to eliminate capital gains tax on primary home sales, calling it "common sense" amid a worsening housing affordability crisis.
A fresh report has surfaced in the latest tender offer from Elon Musk’s SpaceX, suggesting that the billionaire entrepreneur may re-engage in US political advisory roles in the future, reported Bloomberg.
Recently, Nvidia has been announcing notable collaborations, a list that includes Novo Nordisk, Eaton, and others. Let’s take a closer look at how the company presently stacks up and the details of the recent collabs.
Rep. Adam Schiff warns Americans of compromised tax records due to an unprecedented data grab by President Donald Trump that could lead to unauthorized disclosure and surveillance.
Killing machines maker Lockheed Martin (LMT) got blasted today, and they are presently down 30% from last October in the midst of the most laughably overvalued market in human history.
Pudgy Penguins (PENGU), a coin related to the non-fungible token space, has been making waves in the cryptocurrency market, with its value soaring fivefold over the previous month.
Utilities have somehow beaten the odds even with rate hikes and rotation — but they’re quietly entering a golden age…with solid tailwinds. Buy the Utilities Select Sector SPDR ETF (XLU).
Regional banking company Peoples Bancorp (NASDAQ:PEBO) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, with sales up 3.2% year on year to $115 million. Its non-GAAP profit of $0.61 per share was 21.5% below analysts’ consensus estimates.
Aerospace and defense company Raytheon (NYSE:RTX) reported Q2 CY2025 results topping the market’s revenue expectations, with sales up 9% year on year to $21.58 billion. The company’s full-year revenue guidance of $85.13 billion at the midpoint came in 1% above analysts’ estimates. Its non-GAAP profit of $1.56 per share was 9.1% above analysts’ consensus estimates.
Security and aerospace company Northrop Grumman (NYSE:NOC) reported Q2 CY2025 results exceeding the market’s revenue expectations, with sales up 1.3% year on year to $10.35 billion. The company expects the full year’s revenue to be around $42.15 billion, close to analysts’ estimates. Its non-GAAP profit of $6.94 per share was 1.5% above analysts’ consensus estimates.
Healthcare diagnostics company Quest Diagnostics (NYSE:DGX) reported Q2 CY2025 results exceeding the market’s revenue expectations, with sales up 15.2% year on year to $2.76 billion. The company’s full-year revenue guidance of $10.86 billion at the midpoint came in 0.6% above analysts’ estimates. Its non-GAAP profit of $2.64 per share was 2.5% above analysts’ consensus estimates.
Infrastructure and agriculture equipment manufacturer Valmont Industries (NYSE:VMI) announced better-than-expected revenue in Q2 CY2025, with sales up 1% year on year to $1.05 billion. The company expects the full year’s revenue to be around $4.1 billion, close to analysts’ estimates. Its non-GAAP profit of $4.88 per share was 2.1% above analysts’ consensus estimates.
Beverage company Coca-Cola (NYSE:KO) reported Q2 CY2025 results exceeding the market’s revenue expectations, with sales up 2.1% year on year to $12.62 billion. Its non-GAAP profit of $0.87 per share was 3.9% above analysts’ consensus estimates.
Credit reporting giant Equifax (NYSE:EFX) announced better-than-expected revenue in Q2 CY2025, with sales up 7.4% year on year to $1.54 billion. On the other hand, next quarter’s revenue guidance of $1.52 billion was less impressive, coming in 0.9% below analysts’ estimates. Its non-GAAP profit of $2 per share was 4.2% above analysts’ consensus estimates.
Paint and coating manufacturer Sherwin-Williams (NYSE:SHW) met Wall Street’s revenue expectations in Q2 CY2025, but sales were flat year on year at $6.31 billion. On the other hand, next quarter’s revenue guidance of $6.16 billion was less impressive, coming in 2.2% below analysts’ estimates. Its non-GAAP profit of $3.38 per share was 11.2% below analysts’ consensus estimates.
Global advertising conglomerate Interpublic Group (NYSE:IPG) met Wall Street’s revenue expectations in Q2 CY2025, but sales fell by 6.6% year on year to $2.17 billion. Its non-GAAP profit of $0.75 per share was 33.7% above analysts’ consensus estimates.
Automotive manufacturer General Motors (NYSE:GM) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, but sales fell by 1.8% year on year to $47.12 billion. Its non-GAAP profit of $2.53 per share was 2.1% above analysts’ consensus estimates.
Clinical research company IQVIA (NYSE: IQV) announced better-than-expected revenue in Q2 CY2025, with sales up 5.3% year on year to $4.02 billion. The company’s full-year revenue guidance of $16.2 billion at the midpoint came in 0.8% above analysts’ estimates. Its non-GAAP profit of $2.81 per share was 1.4% above analysts’ consensus estimates.
Security and Aerospace company Lockheed Martin (NYSE:LMT) missed Wall Street’s revenue expectations in Q2 CY2025, with sales flat year on year at $18.16 billion. On the other hand, the company’s outlook for the full year was close to analysts’ estimates with revenue guided to $74.25 billion at the midpoint. Its GAAP profit of $1.46 per share was 77.3% below analysts’ consensus estimates.
Homebuilder D.R. Horton (NYSE:DHI) reported Q2 CY2025 results topping the market’s revenue expectations, but sales fell by 7.4% year on year to $9.23 billion. The company expects the full year’s revenue to be around $33.95 billion, close to analysts’ estimates. Its non-GAAP profit of $3.36 per share was 15.8% above analysts’ consensus estimates.
Declines by overbought IT and communication services stocks weighed down on the Nasdaq Composite Index, which snapped its six-session winning streak and ended shy of its record high.
Banner Bank’s first quarter results met Wall Street’s revenue expectations, with non-GAAP earnings per share exceeding consensus estimates. Management attributed this performance to disciplined core deposit growth, strong net interest margin management, and expense controls. CEO Mark Grescovich highlighted the bank’s “moderate risk profile” and resilience amid market volatility, emphasizing continued organic loan and deposit growth. Chief Credit Officer Jill Rice noted that while delinquent and adversely classified loans rose, credit metrics remained within manageable ranges, thanks to proactive portfolio management and a diverse lending book.
Regional banking company Community Financial System (NYSE:CBU) fell short of the market’s revenue expectations in Q2 CY2025, but sales rose 8.4% year on year to $199.3 million. Its non-GAAP profit of $0.99 per share was 2% below analysts’ consensus estimates.
Auto and industrial parts retailer Genuine Parts (NYSE:GPC) reported Q2 CY2025 results exceeding the market’s revenue expectations, with sales up 3.4% year on year to $6.16 billion. Its non-GAAP profit of $2.10 per share was 2.1% above analysts’ consensus estimates.
United Airlines' first quarter results reflected resilience in a challenging travel environment, as management pointed to increased brand loyalty and premium segment strength amid softer overall demand. CEO Scott Kirby highlighted that United achieved its highest first-quarter pretax margins since the pandemic, attributing this to gains in loyal customers and operational improvements. Executive Vice President Andrew Nocella noted the impact of weaker demand in off-peak domestic flights, which was partially offset by continued growth in premium cabins and loyalty revenue.
Tobacco company Philip Morris International (NYSE:PM) missed Wall Street’s revenue expectations in Q2 CY2025, but sales rose 7.1% year on year to $10.14 billion. Its non-GAAP profit of $1.91 per share was 2.8% above analysts’ consensus estimates.
