Associated Banc-Corp reported strong financial results for Q2 2026, with adjusted earnings of $0.73 per share beating estimates and net income rising 11% year-over-year to $120.7 million. The growth was driven by higher net interest and non-interest income, supported by the recent acquisition of American National Corporation. Despite some increased expenses and credit loss provisions, the company raised its 2026 loan growth outlook and declared a quarterly dividend of $0.24 per share. Concurrently, Executive Vice President Kitowski Nicole sold 6,255 shares worth approximately $193,300, reducing her holdings to 46,735 shares.
Meta, led by Mark Zuckerberg, is in early discussions to lease $10 billion worth of AI computing power to Anthropic. This deal could create a significant new revenue stream for Meta, helping to offset its substantial spending on artificial intelligen...
KLA Corporation reported better-than-expected quarterly earnings and revenue, with earnings per share at $1.05 and revenue of $3.66 billion, surpassing estimates. Despite this, the stock fell 6.64% due to disappointing forward guidance for the next q...
Benchmark reaffirmed a Buy rating for Sirius XM as the company prepares to release its Q2 earnings report, with analysts forecasting a 36.8% increase in earnings per share to $0.78 and revenues of $2.14 billion. Wells Fargo upgraded the stock, raisin...
Altisource Portfolio Solutions' CEO Shepro William B purchased 4,000 shares, increasing his stake to 8,686 shares, signaling confidence in the company's future. The company reported a 19% year-over-year increase in Q2 2026 service revenue to $48.70 m...
Prosperity Bancshares reported strong Q2 results with earnings per share of $1.62, surpassing the $1.51 analyst estimate, and revenue of $391.26 million, beating expectations and marking a 25.9% increase from last year. The bank's net interest margin...
