Affiliated Managers Group reported strong Q2 results with economic earnings per share of $8.29, beating estimates and marking a 58.3% increase year-over-year. Revenue rose nearly 30% to $640.7 million, driven by record Assets Under Management reaching $942.4 billion and net client inflows of $12.9 billion. Despite higher expenses and increased debt, the company repurchased $189 million of its stock, signaling confidence. An analyst raised the price target to $425, suggesting a potential 15.9% gain from current levels, reflecting optimism about continued growth in asset management.
The SPDR S&P 500 ETF Trust (SPY) experienced increased volatility at the end of July 2026 due to a sharp selloff in semiconductor stocks, which heavily impacted the technology sector and the broader S&P 500 index. This selloff contributed to the S&P ...
Diebold Nixdorf's CFO Timko Thomas S purchased 700 shares at $72.29 following the company's strong Q2 2026 results. The company reported a 1.4% revenue increase to $928 million and an 8% rise in adjusted EBITDA to $121 million. Adjusted EPS surged 17...
EchoStar Corporation recently sold its wireless spectrum licenses to AT&T for $23 billion and will report quarterly earnings on August 3, 2026. Analysts expect revenue of $3.59 billion but a slight net loss with an EPS of -$0.02. The company shows fi...
Several stocks saw major gains driven by key events: Focus Universal surged 517% after a $10M preferred equity offering; Replimune rose 107% on cancer therapy developments; Tucows gained nearly 59% ahead of Q2 earnings; Apnimed jumped 54% targeting a...
The market saw sharp declines with major losers including T3 Defense, BioAge Labs, and Inno Holdings. T3 Defense dropped nearly 67% despite record revenue from subsidiaries. BioAge Labs fell over 63% due to disappointing competitor trial results rais...
