Renewed US-Iran hostilities have led to 10 consecutive nights of US strikes on Iran, severely reducing shipping traffic through the critical Strait of Hormuz from over 100 ships daily to just 30. This disruption has driven Brent crude oil prices above $90 a barrel amid fears of wider energy supply shocks. Iran continues to retaliate with attacks on commercial shipping and US allies, while regional mediators propose a 10-day ceasefire. However, escalating tensions and threats to other key maritime routes like the Bab el-Mandeb Strait risk further destabilizing global oil markets.
Wintrust Financial reported strong Q2 2026 earnings of $3.30 per share, beating estimates by 4.76%, with revenue of $741.38 million and record net income of $233.70 million. The company showed robust year-over-year growth, with net income up 20% in t...
Roth Capital has reaffirmed its Buy rating on PolyPid following the company's exclusive partnership with Azurity Pharmaceuticals to commercialize D-PLEX100, a drug designed to prevent surgical site infections in the U.S. and Canada. The deal includes...
United Community Banks, Inc. reported Q2 2026 earnings per share of $0.71, missing analyst estimates of $0.81, and revenue of $279.28 million, slightly below expectations but up 7.3% year-over-year. Despite the earnings miss, the bank demonstrated op...
Alphabet Inc. is set to report its Q2 2026 earnings with analysts expecting an EPS of $2.87 and revenue of $116.53 billion, driven by strong online advertising and cloud services. Investors are focusing on Google's strategic AI investments, including...
Moody's Corporation reported an 8.1% revenue increase and 7.8% EPS growth in Q1 2026, supported by strong global bond issuance and debt refinancing. The company leverages strategic acquisitions and AI integration to sustain growth, with 17 consecutiv...
