Target has named retail veteran and former 7-Eleven CEO Joe DePinto to its board as the company pursues a turnaround strategy under new leadership amid a challenging consumer environment.
The bank lifted its full-year 2026 earnings growth projection from 9% to 12%, citing a stronger-than-expected performance from the energy sector and a surprisingly resilient global economy.
TE Connectivity projected fourth-quarter profit and revenue above analyst expectations and announced a $1.4 billion deal to buy Astrodyne TDI, though its shares fell in premarket trading.
The telecom giant reported second-quarter earnings of $0.65 per share, beating analyst forecasts, driven by robust growth in fiber and wireless subscribers. AT&T reaffirmed its full-year guidance, sending shares higher in pre-market trading.
The telecommunications giant added more monthly bill-paying wireless customers than expected in the second quarter, driven by the success of its combined mobile and internet plans.
Shares of the energy infrastructure giant fell more than 5% in pre-market trading after its second-quarter earnings release, as investors weighed the results against a lofty valuation and a powerful year-to-date stock rally.
Shares in the Swedish cloud communications firm fell sharply after its second-quarter report showed a decline in gross profit and adjusted EBITDA, signaling margin pressure that overshadowed its organic sales growth.
Banco Santander shares rose after the Spanish lender reported its best-ever first-half results, with net profit surging 31% and second-quarter net interest income surpassing analyst expectations.
The Trump administration has unveiled a $5 billion plan to apply artificial intelligence to major scientific challenges, leveraging government data and supercomputers across 15 federal agencies. The initiative also signals a potential shift in how the U.S. government allocates federal research funding.
