Companies

American Express Stock Falls 20% From December High as Expenses Climb

American Express shares trade near $310, about 20% below their December 2025 high, as rising expenses and slower earnings growth weigh on the stock.

Zhong Shanshan Net Worth 2026: The Water King Now Runs on Tea

Zhong Shanshan's net worth in 2026, how Nongfu Spring made him China's richest man, and why tea, not water, now drives his fortune.

Xi Jinping Urges China, US Youth to Advance Bilateral Cooperation

President Xi Jinping told students from 10 US universities he hopes young people will advance China-US cooperation in a reply to their letter.

China Tests Star-Based Navigation for Its 2030 Jupiter Mission

Chinese researchers tested stellar aberration navigation aboard the Tianhui-7 satellite in January, fixing its position to within 5km ahead of a 2030 Jupit

Hong Kong Cuts Subsidised Physiotherapy Places by a Third for 2027-28

Hong Kong's Education Bureau cut subsidised physiotherapy places by about a third for 2027-28 as graduates face a tightening job market

Amazon Shares Surge as Cloud Growth Bolsters Case for Heavy AI Spending

Amazon shares jumped about 10% after strong AWS cloud sales and a raised capital spending plan reassured investors on its heavy AI investment.

Regeneron Shares Climb as Eczema Drug Dupixent Powers Quarterly Earnings Beat

Regeneron Pharmaceuticals shares climbed after quarterly results topped estimates, powered by strong sales of its eczema drug Dupixent.

Adidas Shares Slide Record 17% as Profit Miss Overshadows Raised Sales Outlook

Adidas shares fell a record 17% after a 30% jump in marketing spending and a profit miss overshadowed the company's raised 2026 sales outlook.

Yum Brands Posts Mixed Quarterly Results as Cyclospora Outbreak Clouds Taco Bell Outlook

Yum Brands reported mixed second-quarter results while giving no update on a cyclospora outbreak tied to Taco Bell that threatens the chain's momentum.

Shell’s Profit More Than Doubles to $9.84bn as Iran War Drives Up Energy Prices

Shell posted its best quarterly profit in four years at $9.84bn as the Iran war drove up oil and gas prices, reviving calls for a windfall tax.

Stellantis Returns to Profit on North America Rebound, but Shares Slide 5%

Stellantis swung back to profit in Q2 as North American demand tripled operating income, but weaker-than-expected results sent shares down about 5%.

Rolls-Royce Lifts Guidance as Defense Spending and AI Data Center Demand Fuel Growth

Rolls-Royce shares surged after the company hiked full-year guidance, driven by rising defense budgets and a more than 50% jump in AI data center power ord

Zhongji Innolight Slips in Hong Kong Debut After Year’s Biggest IPO Amid AI Sell-Off

Zhongji Innolight shares fell up to 3% on their Hong Kong debut after the year's biggest IPO raised HK$53.4 billion, as AI sentiment cooled.

US Stock Futures Climb as Microsoft Surges on Strong Earnings After Fed Selloff

US stock futures climbed as Microsoft jumped on strong earnings, helping investors recover from a selloff after the Federal Reserve held rates steady.

Rheinmetall Q2 Revenue Jumps Nearly 70% as European Defense Spending Surges

Rheinmetall reported a nearly 70% surge in Q2 revenue and profit that beat forecasts, fueled by rising European defense spending and a growing order backlo

SoFi Shares Slide Despite Earnings Beat as Investors Question Cautious Guidance

SoFi Technologies shares dropped after topping earnings estimates, as investors focused on restrained guidance and its aggressive consumer lending push.

Carvana Shares Slide 15% as 2026 Guidance Falls Short of Wall Street Forecasts

Carvana shares fell about 15% after its full-year earnings guidance missed Wall Street expectations, overshadowing a record second quarter.

Chipotle Lifts Same-Store Sales Forecast as Diners Return for Burrito Bowls

Chipotle Mexican Grill lifted its same-store sales forecast as customer traffic rebounded, sending shares higher after a rough stretch for the stock.

Starbucks Stock Surges as Coffee Giant Lifts Full-Year Outlook on Sales Rebound

Starbucks shares jumped after posting a fourth straight quarter of same-store sales growth and raising its full-year outlook under CEO Brian Niccol.

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