Spectrum Mobile Hits 12.5 Million Lines, but Broadband Losses Worry Investors
Charter reported its fourth consecutive quarterly revenue decline, as the company continued to lose internet and video subscribers.
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Analysts Slash Albertsons Ratings as Shoppers Turn Cautious
Wells Fargo, Telsey & BMO downgrade ACI amid cautious shoppers and weak sales.
AmEx Sees Robust Q2 Growth from Wealthy Cardholders, Investors React Cautiously
AmEx raises 2026 revenue growth to 10% after 9% spending surge by affluent cardholders. EPS beats estimates, yet shares dip on unchanged profit guidance.
Strong Subscriber Growth Helps Verizon Raise Forecasts Even as Revenue and Profit Slip
Verizon added 184,000 postpaid phone customers in Q2 2026, beating estimates, and raised full-year guidance despite a profit drop from special charges.
Wise’s US Banking Ambitions Hit Roadblock as OCC Rejects Application
Wise shares drop after OCC rejects its US national trust bank application over compliance issues and policy changes. Firm plans new GENIUS Act bid.
Oracle Wins Nearly $7 Billion Pentagon Software Deal to Streamline Military Systems
Defense Department signs up to 10-year, nearly $7 billion Oracle contract to unify software licensing, cut costs, and save taxpayers $441 million.