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First Quantum Minerals Swings to a Q2 Loss Even as Revenue Rises; 2026 Outlook Maintained

First Quantum Minerals (FM.TO) after trade Tuesday reported a Q2 adjusted loss of $0.13 per share, compared with adjusted earnings of $0.02 per share a year ago.Analysts polled by FactSet expected a loss of $0.06 per share.Revenue for the quarter ended June 30 was $1.52 billion, up from $1.23 billion a year earlier.Analysts expected revenue of $1.40 billion.The company said its 2026 guidance remains unchanged, however, it "continues to note a potential impact to C1 copper cash costs of approximately $0.25 per lb to reflect the year-to-date impact of higher fuel prices and Zambian kwacha rates as well as potential further impact if current fuel prices and Zambian kwacha rates persist for the remainder of the year."

$FM.TO

Wire20d ago

Rogers Q2 Adjusted Earnings, Revenue Rise

Rogers (ROG) reported Q2 adjusted earnings late Tuesday of $0.92 per diluted share, up from $0.34 a year earlier.Three analysts polled by FactSet expected $0.99.Revenue in the three months ended June 30 rose to $216.8 million from $202.8 million a year earlier.Three analysts surveyed by FactSet expected $215 million.The company expects Q3 adjusted EPS of $1.10 to $1.30 on revenue of $233 million to $243 million.Three analysts expect EPS of $1.03 on revenue of $225.5 million.The company's shares fell 2% in after-hours trading.

$ROG

Wire20d ago

Extra Space Storage Q2 Core FFO, Revenue Rise

Extra Space Storage (EXR) reported Q2 core funds from operations late Tuesday of $2.15 per diluted share, up from $2.05 a year earlier.Analysts polled by FactSet expected $2.07.Revenue for the three months ended June 30 rose to $874.2 million from $841.6 million a year earlier.Analysts expected $875 million.The company raised full-year core FFO guidance to $8.25 to $8.40 a share from the prior range of $8.05 to 8.35. Analysts expect $8.29.The company's shares fell 1.5% in after-hours trading.

$EXR

Insider Trading20d ago

RTX Insider Sold Shares Worth $1,504,928, According to a Recent SEC Filing

Kevin G DaSilva, Senior Vice President and Treasurer, on July 24, 2026, sold 7,010 shares in RTX (RTX) for $1,504,928. Following the Form 4 filing with the SEC, DaSilva has control over a total of 20,252 common shares of the company, with 20,099 shares held directly and 153 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/101829/000122520826006771/xslF345X05/doc4.xml

$RTX

Commodities20d ago

US Crude Oil Inventories Rise, API Says

Data from the American Petroleum Institute revealed Tuesday that US crude oil inventories increased by 3.3 million barrels in the week ended July 24, following a 2.6-million-barrel increase the previous week, and compared with analysts' estimate of a 2.5-mmbbl decline, according to a Bloomberg-compiled survey.The oil market now awaits the US Energy Information Administration's petroleum inventory report, scheduled for release on Wednesday.

Insider Trading20d ago

RTX Insider Sold Shares Worth $500,424, According to a Recent SEC Filing

Tracy A Atkinson, Director, on July 27, 2026, sold 2,295 shares in RTX (RTX) for $500,424. Following the Form 4 filing with the SEC, Atkinson has control over a total of 1,785 common shares of the company, with 1,785 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/101829/000122520826006772/xslF345X05/doc4.xml

$RTX

Insider Trading20d ago

RTX Insider Sold Shares Worth $1,799,487, According to a Recent SEC Filing

Troy D Brunk, President, Collins Aerospace, on July 24, 2026, sold 8,557 shares in RTX (RTX) for $1,799,487. Following the Form 4 filing with the SEC, Brunk has control over a total of 11,524 common shares of the company, with 8,809 shares held directly and 2,715 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/101829/000122520826006773/xslF345X05/doc4.xml

$RTX

Wire20d ago

Renasant Q2 Adjusted Earnings, Revenue Rise

Renasant (RNST) reported Q2 adjusted earnings late Tuesday of $0.94 per diluted share, up from $0.69 a year earlier.Analysts polled by FactSet expected $0.91.Revenue in the three months ended June 30, expressed as the sum of net interest income and total noninterest income, rose to $273.9 million from $267.2 million a year ago.Analysts expected $280.7 million.Renasant shares fell 2.8% in after-hours trading.

$RNST

US Markets20d ago

Visa Third-Quarter Results Outpace Expectations as Payments Volume Increases

Visa (V) reported fiscal third-quarter results above Wall Street's estimates as consumer and business spending helped drive annual gains in payments volume.Adjusted earnings per share rose to $3.32 during the June quarter from $2.98 a year earlier. The consensus on FactSet was for non-GAAP EPS of $3.23. Revenue rose 14% to $11.63 billion, topping expectations for $11.4 billion."Consumer and business spending remains resilient, and our strategy continues to deliver strong performance across consumer payments, commercial and money movement solutions and value-added services," Chief Executive Ryan McInerney said in a statement.Payments volume rose 10% on a constant-dollar basis, with double-digit gains in both cross-border and processed transactions.Service revenue increased 14% to $4.92 billion, while data processing sales jumped 17% to $6.04 billion. International transaction revenue rose 6% to $3.85 billion.Visa will eliminate about 2,600 jobs, or 7% of its workforce, primarily targeting technology and product teams, the company confirmed toearlier in the day. The cuts are part of McInerney's initiative to streamline company operations.Visa now expects fiscal 2026 adjusted earnings per share to increase at the low end of a mid-teens percentage on a constant-dollar basis, compared with the prior guidance that called for a low-teens increase. Visa projects adjusted revenue to rise at the low end of low teens, versus low-double-digit to low-teens growth previously anticipated.Analysts expect non-GAAP EPS of $13.16 and sales of $45.58 billion for the fiscal year.For the ongoing three-month period, Visa expects adjusted EPS to grow at the low end of mid-teens and net revenue to rise at the high end of low-double-digits. The Street is looking for non-GAAP EPS of $3.45 and sales of $12.06 billion.Shares of the company were down 2.1% in after-market trading, and gained 4.5% this year through Tuesday close.UBS Securities sees Visa and Mastercard (MA) as "the preferred means" of gaining exposure to the payments and financial technology sector, citing their ability to sustain volume growth during economic downturns."Cross-border mix for the card networks has and will continue to evolve, shifting slightly more toward ecommerce, remittances, marketplace payouts, and other cross-border (business-to-business), all of which are faster growth and less cyclical (relative to the largest part of the business, which is cross-border travel)," UBS analysts wrote in a note earlier this month.Mastercard is scheduled to report its quarterly results Thursday.

$MA$V

Wire20d ago

Teradyne Q2 Adjusted Earnings, Revenue Rise; Q3 Guidance Set

Teradyne (TER) reported Q2 adjusted earnings late Tuesday of $2.47 per diluted share, up from $0.57 a year earlier.Analysts polled by FactSet expected $2.09.Revenue for the three months ended June 28 was $1.33 billion, up from $651.8 million a year earlier.Analysts expected $1.22 billion.For Q3, the company expects adjusted EPS of $1.85 to $2.15 on revenue of $1.20 billion to $1.30 billion.Analysts expect EPS of $1.56 on revenue of $1.06 billion.

$TER

Asia Markets20d ago

Update: US Equity Indexes Mixed as Chipmakers Weigh Ahead of Mag-7 Results, Crude Oil Drops Amid Halt in Middle East Strikes

(Updates with index/price moves, macroeconomic data, and company/geopolitical news from the first paragraph.)US equity indexes traded mixed as chipmakers pushed technology lower ahead of Microsoft (MSFT) and Meta Platforms' (META) quarterly results and a pause in strikes between Washington and Iran continued.The Dow Jones Industrial Average rose 1% to 52,747.32, with the S&P 500 up 0.2% to 7,428.78 on Tuesday. The tech-heavy Nasdaq Composite fell 0.2% to 24,876.91. Energy and technology led the decliners while healthcare, consumer staples, and materials topped the gainers at the close.Microsoft and Meta, part of the so-called Magnificent-7 stocks known for their sway over indexes, are expected to report earnings after the bell on Wednesday.The VanEck Semiconductor ETF (SMH), with net assets of $77.2 billion, slid 3.5% on Tuesday. Among companies with a market capitalization of more than $200 billion, nine of the 10 worst performers were from the semiconductor and semiconductor equipment and materials industries, according to data compiled by Finviz. The steepest decliner in this category was SK Hynix (SKHY), down 9%.Shares of Corning (GLW), a supplier of cover glass to Apple (AAPL), sank 12%, the second-worst performer on the S&P 500, after the company reported Q2 results and set guidance for the next quarter.In geopolitical news, President Donald Trump said talks with Iran were continuing but again threatened to destroy Iranian bridges and power plants if no deal is made, CNN reported. Iran's foreign ministry spokesman, Esmaeil Baghaei, said Tehran was not negotiating with the US but added that "intermediaries may convey messages from the American side to us regarding ongoing developments in the region," Al Jazeera, a Middle East broadcaster, reported.Iran's military said any ships belonging to a country or company that's using frozen Iranian assets will be blocked from transiting the Strait of Hormuz, CNN cited Iranian state media as saying.Iran has rejected Trump's claim that ships damaged by Iran in the Gulf would be compensated from frozen Iranian funds. Iran Revolutionary Guards Corps spokesperson Ebrahim Zolfaghari warned that any vessel taking such money will be banned from transiting the Strait of Hormuz, Al Jazeera reported.Front-month US West Texas Intermediate slumped 4.2% to $79.16 a barrel, and global benchmark North Sea Brent dropped 5% to $83.91 a barrel.US Treasury yields fell, with the 10-year down 3.9 basis points to 4.6% and the two-year lower by 4.6 basis points to 4.28%.In precious metal markets, gold futures fell 1.3% to $4,022.9, and silver futures declined 2.4% to $57.33.In economic news, the Conference Board's measure of consumer confidence decreased to 90.8 in July from 92.2 in June, below the 92.4 expected in a Bloomberg-compiled survey.The Case-Shiller National Home Price Index rose 0.6% in May, after a 0.8% increase in April, before seasonal adjustment. National home prices were up 1.1% year-over-year, up from 0.9% in April.The Dallas Federal Reserve's monthly general business services index rose to 6.6 in July from 2.9 in June, above expectations for a 3.8 reading in a Bloomberg-compiled poll, indicating faster expansion.The Richmond Fed's monthly manufacturing index rose to 5 in July from 4 in June, below expectations for 6 in a Bloomberg-compiled survey.

Dow JonesNasdaq CompositeS&P 500$AAPL$GLW$META$MSFT$SKHY$SMH

Commodities20d ago

Expand Energy Increases Q2 Output, Keeps 2026 Production Guidance Unchanged

Expand Energy (EXE) reported Tuesday Q2 earnings showing net production of 7.48 billion cubic feet equivalent per day, up from 7.20 Bcfe/d a year earlier.Natural gas production increased to 6.90 Bcf/d for the quarter ended June 30, up from 6.60 Bcf/d a year earlier, accounting for 92% of total output.Oil production declined to 14,000 barrels per day for the quarter, down from 18,000 b/d for the same quarter last year. Natural gas liquids production held steady at 83,000 b/d.Total production in the Haynesville rose to 3.19 Bcf/d, up from 2.98 Bcf/d in the year-ago quarter, while Northeast Appalachia produced 2.63 Bcf/d, compared with 2.66 Bcf/d a year earlier.Southwest Appalachia increased total production to 1.67 Bcfe/d from 1.56 Bcfe/d a year earlier.Expand Energy operated an average of 12 rigs, drilled 55 wells and turned 48 wells in line during the quarter.The company reaffirmed its 2026 production outlook of 7.4 Bcfe/d to 7.6 Bcfe/d.The company also reaffirmed plans to operate 11-12 rigs in 2026 and invest approximately $2.75 billion to $2.95 billion in capital spending to support development across its portfolio.Expand Energy announced the acquisition of Twin Eagle, which it said will create North America's largest integrated natural gas company and broaden access to demand markets across the continent.

$EXE

Wire20d ago

Enphase Energy Q2 Adjusted Earnings, Revenue Decline; Q3 Outlook Set

Enphase Energy (ENPH) reported Q2 adjusted earnings late Tuesday of $0.46 per diluted share, down from $0.69 a year earlier.Analysts polled by FactSet expected $0.47.Revenue for the quarter ended June 30 fell to $291.9 million from $363.2 million a year earlier.Analysts expected $289.8 million.The company set Q3 revenue guidance of $290 million to $320 million. Analysts expect $304 million.Shares of Enphase Energy were up more than 2% in after-hours activity.

$ENPH

Mining & Metals20d ago

Jushi Holdings Q2 Revenue Tops Estimates, Loss Narrows

Jushi Holdings (JUSH.CN) reported a second-quarter net loss of $0.04 per share, compared with a net loss of $0.06 per share, in the year-ago quarter.FactSet expected a loss of $0.05 per shareThe cannabis company said revenue rose to $71.30 million from $65.05 million a year earlier, surpassing FactSet expectations of $67.5 million.As of June 30, the company had $35.5 million in cash, cash equivalents and restricted cash.Jushi shares closed down C$0.02 to C$0.55 on the Canadian Securities Exchange on Tuesday.

$JUSH.CN

Insider Trading20d ago

Wesbanco Insider Sold Shares Worth $283,248, According to a Recent SEC Filing

Kimberly L Griffith, Senior Executive Vice President, Human Resources, on July 27, 2026, sold 6,875 shares in Wesbanco (WSBC) for $283,248. Following the Form 4 filing with the SEC, Griffith has control over a total of 15,858 common shares of the company, with 15,858 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/203596/000020359626000104/xslF345X05/form4.xml

$WSBC

Mining & Metals20d ago

Capital Power Boosts Its Common Share Dividend by 2% to C$0.7048 Per Share. The Higher Dividend is Payable on Oct. 30 to Shareholders of Record on Sept. 28

$CPX.TO

Insider Trading20d ago

Robinhood Markets Insider Sold Shares Worth $4,680,523, According to a Recent SEC Filing

Baiju Bhatt, Director, on July 24, 2026, sold 49,223 shares in Robinhood Markets (HOOD) for $4,680,523. Following the Form 4 filing with the SEC, Bhatt has control over a total of 3,703 Class A common shares of the company, with 3,703 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1783879/000187091426000021/xslF345X05/wk-form4_1785271065.xml

$HOOD

Insider Trading20d ago

United Community Banks Insider Sold Shares Worth $885,250, According to a Recent SEC Filing

Jefferson L Harralson, Executive Vice President, CFO, on July 28, 2026, sold 25,000 shares in United Community Banks (UCB) for $885,250. Following the Form 4 filing with the SEC, Harralson has control over a total of 37,433 common shares of the company, with 37,433 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/857855/000170431526000006/xslF345X05/wk-form4_1785271161.xml

$UCB

Treasury20d ago

TSX Closer: Index Rises as Tech Gains Offset Commodity Weakness Ahead of Fed Decision

The S&P/TSX Composite Index edged higher on Tuesday as gains in technology stocks outweighed weakness in base metals and oil prices, while investors assessed corporate earnings reports and awaited the US Federal Reserve's interest-rate decision.The index closed up 181.56 points, or 0.5%, at 35,749.70, with mixed sectors. Information technology led gainers, up 5.1%, while base metals led decliners, down 2%.In commodities, gold fell to a one-week low even as the US dollar index fell slightly, while investors awaited the Federal Reserve's interest-rate decision and comments from Chair Kevin Warsh on the policy outlook on Wednesday.The precious metal for August delivery was last seen down $52.1, or 1.3%, to $4,024.90 per ounce. The price of the precious metal has fallen about 24% since the US-Iran war that broke on Feb. 28.Meanwhile, West Texas Intermediate (WTI) crude oil closed lower on Tuesday, as investors await a solution to the Middle East conflict. September WTI crude oil contract closed down $3.35, or 4.1%, and settled at $79.26 per barrel, while September Brent oil last seen down $4.46, or 5.1%, at $83.90.In corporate news, Transat A.T. (TRZ.TO) on Tuesday said it is receiving federal government support of up to C$150 million, with C$125 million disbursed today, to mitigate the impact of higher aviation fuel prices, a statement said.In the Canadian economy, CIBC noted that activity is expected to have grown 0.1% month over month in May, likely supported by strength in retail trade and real estate activity while wholesale activity declined, said CIBC. Statistics Canada will release May and preliminary June GDP data on Friday.The bank anticipated that growth will moderate in the second half of the year as the risk of new US tariffs weighs on activity. This outlook should allow the Bank of Canada to remain on hold despite the recent increase in global oil prices, said CIBC.Additionally, Canada's broader growth outlook remains intact despite last week's proposed 50% US tariffs, with the measures affecting only a small portion of bilateral trade, according to RBC Economics.However, Quebec's economy is expected to remain under pressure as trade tensions weigh on activity, with uncertainty over the US-Mexico-Canada Agreement remaining elevated, National Bank of Canada said in a Tuesday note.In fixed income, attention turned to the government's near-term funding plans.Canada is increasing treasury bill sales as the government prepares to meet upcoming bond maturities in August and September. Tuesday's T-bill auction size is C$28 billion, up C$2 billion from two weeks ago, National Bank of Canada said in a note.

S&P/TSX CompositeS&P/TSX Composite$CAD$CXY

Wire20d ago

Avis Budget Group Q2 Earnings Rise, Revenue Falls

Avis Budget Group (CAR) on Tuesday reported Q2 earnings of $0.98 per diluted share, up from $0.10 a year earlier.Analysts surveyed by FactSet expected $1.92.Revenue for the quarter ended June 30 was $3.0 billion, down from $3.04 billion a year earlier.Analysts expected $3.10 billion.

$CAR

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Asia Markets20d ago

Update: US Equity Indexes Mixed as Chipmakers Weigh Ahead of Mag-7 Results, Crude Oil Drops Amid Halt in Middle East Strikes

Dow JonesNasdaq CompositeS&P 500$AAPL$GLW$META$MSFT$SKHY$SMH