The US Federal Reserve kept interest rates steady at 3.50%-3.75%, with a 9-3 vote, signaling a cautious but hawkish stance. Three officials favored an immediate rate hike, and Chair Kevin Warsh left the door open for a September increase if inflation remains high. Bitcoin traded near $64,000, reflecting investor anticipation of continued Fed caution and potential tightening. Market focus now shifts to the Fed's Jackson Hole Symposium for further guidance on economic policy.
Raymond James upgraded Flex's price target from $150 to $170 following the company's strong fiscal Q1 2027 results, which included $7.93 billion in revenue and $1.00 adjusted earnings per share, beating estimates. Flex's Cloud and Power Infrastructur...
Airbus exceeded expectations with earnings per share of $0.59 and revenue of $23.36 billion, driven by a 54% rise in adjusted EBIT and increased aircraft deliveries. The company successfully converted its large order backlog into earnings, with a 15%...
Sanofi is set to report its Q2 2026 earnings with expected EPS of $1.10 and revenue of $12.41 billion. The company halted clinical development of amlitelimab for atopic dermatitis, reflecting a strategic shift in its drug pipeline. Leadership changes...
Wingstop Inc. demonstrates strong financial health with a Return on Invested Capital (ROIC) of 25.05%, which is more than double its Weighted Average Cost of Capital (WACC) of 10.36%, resulting in a ROIC to WACC ratio of 2.42. This indicates Wingstop...
Avery Dennison reported strong first-quarter 2026 earnings, surpassing analyst expectations with an adjusted EPS of $2.47. Growth was driven by its Materials Group and Intelligent Labels segments, despite challenges from macroeconomic uncertainty and...
