UBS pre-tax profit rises 64% as CEO Ermotti calls the AI correction healthy
UBS pre-tax profit reached $3.6 billion in the second quarter, up 64% year-on-year, and CEO Sergio Ermotti pointed to geopolitical…
Stock Market News
Latest stock market news covering equities beyond the Magnificent 7 — sector earnings, IPOs, M&A activity and broader market moves.
SK Hynix closes 9.6% lower after second-quarter revenue and profit miss estimates
SK Hynix posted second-quarter revenue of 79.32 trillion won and operating profit of 60.54 trillion won, both short of LSEG…
Ark Invest buys $12.2 million of SpaceX while trimming Block, Bullish and Robinhood
Ark Invest bought $12.2 million worth of SpaceX shares on Tuesday while cutting its positions in Block Inc., Bullish and…
Nasdaq falls more than 3% in five days, but S&P 500 earnings still back the rally
The Nasdaq has fallen more than 3% over five days, yet investingLive argues the U.S. bull rally still rests on…
Visa revenue climbs 14% to $11.63 billion as stablecoin platform enters beta
Visa reported $11.63 billion in fiscal third-quarter net revenue, up 14% year over year, with adjusted earnings of $3.32 per…
