On Semiconductor reported Q1 earnings of 64 cents per share, beating analyst estimates of 60 cents by nearly 7%, and revenue of $1.51 billion, surpassing the $1.49 billion consensus. The company highlighted strong growth in its AI data center business, which more than doubled year-over-year and grew over 30% sequentially. CEO Hassane El-Khoury noted demand strengthened through the quarter, signaling recovery beyond the cyclical trough. For Q2, On Semiconductor expects adjusted EPS between 65 and 77 cents and revenue between $1.535 billion and $1.635 billion, both above analyst estimates. Despite the strong results, the stock dropped 4.41% to $97.54 in after-hours trading.
3M reported strong Q2 2026 results with EPS of $2.40 beating estimates of $2.27 and revenue of $6.5 billion surpassing expectations. The 2.4% revenue growth was driven by a 5.4% rise in organic sales and strategic pricing. The company raised its full...
Annaly Capital Management, a mortgage REIT, is expected to report Q2 earnings with a 2.7% increase in EPS to $0.75 and revenue of $639.8 million, driven by an 86.3% surge in net interest income. Despite a high 13% dividend yield, the company faces ri...
The Q2 2026 Global Economic Conditions Survey by ACCA and IMA reveals a sharp rise in operating costs for accountants and CFOs worldwide, driven by the Middle East conflict, soaring commodity prices, and supply chain issues. Over 75% of accountants a...
Argus Research increased its price target for Palo Alto Networks from $320 to $425, signaling a 25.66% potential upside. This boost reflects strong demand for cybersecurity services amid rising AI-related cyberattack concerns. The global cybersecurit...
HSBC upgraded Five Below stock to a Hold rating, indicating expected market-level performance. The company also earned a Strong Buy rating from Zacks, supported by a 10.4% rise in earnings estimates for the current year. Analysts project a mean price...
