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Australia's tech stocks slump; set for a weekly gain as Nasdaq roars to record
** Australian technology stocks .AXIJ are down 0.7%, but still on track for a 2% weekly gain** Sub-index currently down in tandem with overnight Wall Street losses .N** However, AXIJ set for its best week since July 18 after tech-heavy Nasdaq hit a closing high overnight; its 17th closing high so faReuters
Fri, Aug 8
Cosco seeks at least 20% stake in $23 billion Panama Canal ports deal, FT reports
Aug 8 (Reuters) - China's state-owned shipping giant Cosco 601919.SS aims to secure at least 20%-30% stake in a $23 billion ports deal involving strategic assets in the Panama Canal, as Beijing moves to renegotiate the terms of a sale previously praised by U.S. President Donald Trump, the Financ...Reuters
Fri, Aug 8
Eventbrite Inc reports results for the quarter ended June 30 - Earnings Summary
Eventbrite Inc EB.N reported a quarterly adjusted loss of 2 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 1 cents. The mean expectation of four analysts for the quarter was for a loss of 8 cents per share. Wall Street expect...Reuters
Fri, Aug 8
Funko Inc reports results for the quarter ended June 30 - Earnings Summary
Funko Inc FNKO.OQ reported a quarterly adjusted loss of 48 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 10 cents. The mean expectation of three analysts for the quarter was for a loss of 39 cents per share. Wall Street expe...Reuters
Fri, Aug 8
Trump demands 'highly conflicted' Intel CEO resign over China ties
Trump says CEO of Intel is highly "conflicted" and must resignTrump's demand marks rare presidential intervention in corporate leadershipReuters in April exclusively reported on Tan's Chinese investmentsIntel shares close down 3%By Aditya Soni Aug 8 (Reuters) - U.S. President Dona...Reuters
Fri, Aug 8
Vermilion Energy Inc reports results for the quarter ended June 30 - Earnings Summary
Vermilion Energy Inc VET.TO reported a quarterly adjusted loss of C$1.51 per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -52 cents. The lone analyst forecast for the quarter was for a loss of 8 cents per share. Revenue fell 3.9% to ...Reuters
Fri, Aug 8
Piedmont Lithium Inc reports results for the quarter ended June 30 - Earnings Summary
Piedmont Lithium Inc PLL.OQ reported a quarterly adjusted loss of 44 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -69 cents. The mean expectation of three analysts for the quarter was for a loss of 59 cents per share. Wall...Reuters
Fri, Aug 8
Power Corporation of Canada reports results for the quarter ended June 30 - Earnings Summary
Power Corporation of Canada POW.TO reported quarterly adjusted earnings of C$1.38 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of C$1.17. The mean expectation of eight analysts for the quarter was for earnings of C$1.29 per share. ...Reuters
Fri, Aug 8
Alliant Energy Corp reports results for the quarter ended June 30 - Earnings Summary
Alliant Energy Corp LNT.OQ reported quarterly adjusted earnings of 68 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 57 cents. The mean expectation of nine analysts for the quarter was for earnings of 64 cents per share. Wal...Reuters
Fri, Aug 8
loanDepot Inc reports results for the quarter ended June 30 - Earnings Summary
loanDepot Inc LDI.N reported a quarterly adjusted loss of 5 cents per share for the quarter ended June 30, identical to the same quarter last year. The mean expectation of five analysts for the quarter was for a loss of 3 cents per share. Wall Street expected results to range from -6 cents tozero...Reuters
Fri, Aug 8
Saputo Inc reports results for the quarter ended June 30 - Earnings Summary
Saputo Inc SAP.TO reported quarterly adjusted earnings of 44 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 39 cents. The mean expectation of nine analysts for the quarter was for earnings of 38 cents per share. Wall Street ...Reuters
Fri, Aug 8
Morgan Stanley Q2 EPS Falls 38%
Key PointsGAAP earnings per share of $0.41 missed analyst estimates by $0.10 and down from the prior year's $0.66 per share (GAAP).Total investment income (GAAP) was $99.5 million, coming in below expectations.Net asset value per share declined to $20.59The Motley Fool
Fri, Aug 8
Granite Ridge Resources Inc reports results for the quarter ended June 30 - Earnings Summary
Granite Ridge Resources Inc GRNT.N reported quarterly adjusted earnings of 11 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 13 cents. The mean expectation of five analysts for the quarter was for earnings of 13 cents per sha...Reuters
Fri, Aug 8
ATN International Inc reports results for the quarter ended June 30 - Earnings Summary
ATN International Inc ATNI.OQ reported a quarterly adjusted loss of 56 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 50 cents. The mean expectation of two analysts for the quarter was for a loss of 30 cents per share. Wall S...Reuters
Fri, Aug 8
Opal Fuels Inc reports results for the quarter ended June 30 - Earnings Summary
Opal Fuels Inc OPAL.OQ reported quarterly adjusted earnings of 3 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -1 cents. The mean expectation of five analysts for the quarter was for earnings of 28 cents per share. Wall Str...Reuters
Fri, Aug 8
Con Edison (ED) Q2 Net Income Jumps 22%
Key PointsAdjusted earnings per share (non-GAAP) for Q2 2025 were $0.67, surpassing analyst expectations of $0.64.Net income (GAAP) for Q2 2025 rose to $246 million, up 21.8% from Q2 2024.Adjusted earnings per share (non-GAAP) guidance for 2025 was reaffirmed at $5.50–$5.70.These 10 stocks could min...The Motley Fool
Fri, Aug 8
DocGo (DCGO) Q2 Revenue Falls 51%
Key PointsRevenue (GAAP) of $80.4 million beat analyst estimates by 3.6% in Q2 2025 but was down 51.2% year-over-year (GAAP) in Q2 2025, reflecting the planned wind-down of high-margin government contracts.Net loss (GAAP) reached $13.3 million in Q2 2025, with adjusted EBITDA turned negative at $(6....The Motley Fool
Fri, Aug 8
Ready Capital Corp reports results for the quarter ended June 30 - Earnings Summary
Ready Capital Corp RC.N reported a quarterly adjusted loss of 14 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 7 cents. The mean expectation of eight analysts for the quarter was for earnings of one cent per share. Wall Stre...Reuters
Fri, Aug 8
nLIGHT (LASR) Q2 Revenue Jumps 22%
Key PointsnLIGHT reported GAAP revenue of $61.7 million in Q2 2025, exceeding analyst expectations by 11.8%.Non-GAAP EPS turned positive at $0.06, far ahead of the -$0.09 non-GAAP estimate and a year-over-year improvement.Aerospace & Defense revenue rose 50.4% year over year and now represents over ...The Motley Fool
Fri, Aug 8
Manitowoc Company Inc reports results for the quarter ended June 30 - Earnings Summary
Manitowoc Company Inc MTW.N reported quarterly adjusted earnings of 8 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 25 cents. The mean expectation of four analysts for the quarter was for earnings of 18 cents per share. Wall...Reuters
Fri, Aug 8
