Meta Platforms is set to report Q2 earnings on July 29, with investors closely watching if its AI-powered advertising growth can justify a massive capital expenditure plan and meet increasingly high market expectations.
The investment bank missed Wall Street profit estimates after reporting a steep drop in quarterly earnings, driven by a major restructuring of its financial advisory division. A record performance in its asset management arm provided a partial offset to the advisory weakness.
A U.S. District Judge has ruled Houston's program for minority-owned business contracts unconstitutional, marking the first time the Supreme Court's 2023 ban on affirmative action in education has been applied to municipal contracting.
Mexico's benchmark stock index closed with a modest gain on Tuesday, buoyed by strength in industrial and consumer-focused sectors. The advance came amid a mixed session for commodities and a slight weakening of the peso.
A financial analysis shows Palantir delivering superior revenue growth and strong profitability, while Snowflake's growth moderates amid losses. Both enterprise AI companies face questions about their steep market valuations.
Colombia's COLCAP stock index closed 0.80% higher on Tuesday, driven by gains in the industrial and agricultural sectors. Shares of food processor Grupo Nutresa surged over 11% to reach a new record high.
FormFactor Inc. (NASDAQ:FORM) announced an expanded strategic partnership with Keystone Microtech to enhance manufacturing scalability for advanced probe cards, sending its shares up 1.9% in after-hours trading.
Shares of Aevex Corp. rose in after-hours trading after the defense technology firm announced it received new production orders totaling $88.1 million from U.S. government clients for its long-range precision strike systems.
Robinhood is demonstrating strong revenue growth and profitability, while Coinbase is facing a contraction tied to crypto market headwinds, creating a stark contrast between the two retail finance platforms.
