Alcoa Cuts 2026 Alumina Guidance on Pinjarra Issues, Despite Strong Q2 Earnings
Despite strong Q2 results and record revenue of $3.97B, Alcoa lowered its full-year 2026 alumina guidance due to Pinjarra refinery disruptions.
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#Earnings Movers↓
Netflix Maintains 2026 Profitability Target While Narrowing Revenue Forecast
Netflix grows with higher sales and profits, but a weaker forecast worries investors and sends shares lower.
GE Aerospace Soars on Services Strength, Raises Outlook Despite Margin Dip
Adjusted revenue up 24%, with significant increases in operating profit and free cash flow.
"AI Megatrend" Fuels TSMC’s Record Quarter; Shares Dip on Capex Jump
TSMC boosted its 2026 capital expenditure to $60–64 billion and announced an extra $100 billion investment in Arizona fabs amid record AI-driven Q2 results.
United Airlines Beats Q2 Estimates Despite $2.3B Fuel Cost Surge, Raises Full-Year Outlook
United Airlines reported a solid Q2 2026 beat but issued Q3 adjusted EPS guidance of $2.50–$3.50, below consensus. Strong demand helps offset surging fuel costs.
Conagra Brands Slashes Dividend by 50% as New CEO Moves to Strengthen Finances
CEO John Brase targets higher brand spending amid weak outlook and big impairment charge.