Visa’s Payments Momentum Continues Despite Job Cuts and Restructuring Charge
Visa reports $11.6B revenue (+14%) and beats EPS estimates in fiscal Q3, while announcing 2,600 job cuts and a $563M restructuring charge.
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Ford Lifts 2026 Guidance After Strong Truck Sales and Resilient Demand
Ford posted Q2 EPS of $0.42 and $48.3B revenue, beating forecasts. The automaker raised full-year adjusted EBIT guidance to $10–11 billion on strong pricing and resilient demand.
Corning on Pace for Biggest One-Day Drop Since 2002 After Soft Guidance
Corning shares plunge as cautious Q3 outlook overshadows strong Q2 results fueled by generative AI-driven optical demand.
Boeing Turns Positive Free Cash Flow Early, Eyes $1–3 Billion in 2026 as 737 Production Ramps
Boeing posts Q2 loss but turns free cash flow positive earlier than expected. Targets $1–3B FCF in 2026 as 737 production ramps to 47/month.
AMD Secures Up to 2.5 GW of Data Center Capacity with Core Scientific
Core Scientific Q2 2026: $164.2M total revenue, $136.7M colocation revenue. AMD partnership unlocks up to 2.5GW capacity and $14B potential revenue.
Q2 and Raised Outlook Put PayPal on Firmer Footing—While Keeping Acquisition Options Alive
PayPal outperforms estimates, raises 2026 outlook, and CEO signals openness to M&A if a deal creates superior value versus executing the ongoing transformation strategy.