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.
AmEx raises 2026 revenue growth to 10% after 9% spending surge by affluent cardholders. EPS beats estimates, yet shares dip on unchanged profit guidance.
Verizon added 184,000 postpaid phone customers in Q2 2026, beating estimates, and raised full-year guidance despite a profit drop from special charges.
Cloud backlog hits €22.9B (+26%) as SAP beats Q2 estimates. AI tools and enterprise shift drive growth, lifting shares after earnings.
Agentic AI drives demand; company raises 2026 capex to $20B and guides higher for Q3.
Lockheed Martin drives defense sector gains with beat-and-raise Q2 earnings, record backlog, and higher 2026 outlook fueled by missile demand.
Honeywell Technologies beat expectations after its split, with strong orders and growth, while Aerospace results remain steady but less certain.