Grocery chain Albertsons saw its shares drop over 20% after lowering its fiscal 2026 outlook, citing softer consumer demand and a more cautious spending environment, impacting its net income and identical sales projections.
Levi Strauss exceeded Wall Street's Q2 expectations for both earnings and revenue, prompting the company to raise its full-year guidance for adjusted EPS and sales. The denim maker also increased its dividend.
O Refis Municipal permite a negociação de débitos tributários e não tributários com descontos de até 95% para pagamentos à vista. Parcelamentos oferecem descontos de 30% a 60%, dependendo do número de parcelas.
Hive Digital Technologies reported $297.8M revenue in fiscal 2026, up 158%, driven by Bitcoin mining and a 94% surge in its AI computing division. The company plans a 320MW AI data center near Toronto.
Rolling coverage of the latest economic and financial newsStarmer faces fight to survive as Streeting and Rayner eye leadership bidsGovernment bond yields are rising across the board this morning, although UK debt is leading the losses.US and eurozone borrowing costs have also pushed higher, on concerns that the lack of progress towards ending the Iran war will lead to higher oil prices, more inflation, and higher interest rates.Inflationary headwinds as a consequence of the conflict in the Middle East are weighing on a number of UK businesses. We have already heard from companies like Next, Asos, Sainsbury’s and WH Smith which have warned of higher costs. Now shares in Victrex have shed almost 6% today on the back of a profit warning. It anticipates weaker annual profit before tax of between £42m and £44m for fiscal 2026, falling short of estimates for £46.6m. First half underlying pre-tax also profit dropped by 18% to £19m.The UK mid-cap polymer maker says the Iran war will push up energy and raw material inflation. The company is responding by reducing headcount by 10% to cut costs elsewhere. Continue reading...
Microsoft reported fiscal Q3 2026 results exceeding analyst expectations with revenue of $82.89B and adjusted EPS of $4.27. Azure and cloud services revenue grew 40% year over year. Net income rose to $31.78B from $25.82B year earlier. Capital expenditures were $31.9B, up 49%.
