Readable editions of the SquawkNews AI Market Commentator. Instead of every raw headline, these briefs preserve what mattered, why it mattered and which markets were in focus.
Breaking market update. Apple shares are trading slightly lower in Thursday's premarket session. The stock reached a new all-time high on Wednesday. Third-quarter expectations include revenue of $108.86 billion, compared to $94.04 billion a year ago, and EPS of $1.89, compared to $1.57.
Breaking market update. Jana is pushing Fiserv to review its portfolio and refresh its board.
Breaking market update. Yemen Houthis deny Egypt port strike. Houthis deny Egypt port drone strike.
Breaking market update. White House Senior Adviser Hassett stated, "I am very bullish on Fed policy going in the proper direction."
Breaking market update. NEC Hassett states Warsh is serious about getting inflation back to target. Hassett also states Warsh is a realist when asked if Warsh is a Fed hawk or dove.
Breaking market update. International Paper Q2 Sales Miss Estimates. International Paper misses Q2 sales estimates. The directly tagged instruments are IP. We are checking the market response and additional verified context.
Breaking news: Exelon has reported its second-quarter net income. The company posted $396 million for the quarter.
Breaking market update. Starbucks Stock Climbs After Q3 Beat as 'Back to Starbucks' Plan Shows Results. Starbucks Corporation (NASDAQ: SBUX ) shares are trading higher Thursday after the company reported better-than-expected third-quarter financial results and raised its fiscal-year earnings per share guidance above estimates. Starbucks stock is at critical resistance. What’s driving SBUX to record levels? Q3 Results Highlight Comp Sales Strength Starbucks reported adjusted earnings per share of 85 cents, beating the consensus estimate of 66 cents. In addition, it reported revenue of $9.32 billion, beating the consensus estimate of $9.15 billion. Global comparable store sales rose 7.9%, marking the company’s fourth consecutive quarter of comp growth, driven primarily by a 4.2% increase in comparable transactions and a 3.5% increase in average ticket. U.S. comparable store sales increased 7.9. The directly tagged instruments are SBUX. We are checking the market response and additional verified context.
Breaking market update. NEC Hassett stated that Warsh's job became easier with today's inflation data. Hassett also affirmed continued confidence in Warsh.
Breaking market update. HASSETT: WARSH'S JOB IS NOW EASIER WITH TODAY'S INFLATION DATA. We are checking the market response and additional verified context.
Breaking market update. PTC shares are trading higher. The company reported better-than-expected Q3 adjusted EPS results and raised its FY26 sales guidance, with its midpoint above estimates. Barclays maintained an Overweight rating on the stock and raised its price target from $150 to $155.
Breaking market update. EMCOR's second-quarter earnings per share are reported at $9.06. Additionally, EMCOR has exceeded its second-quarter revenue estimates.
Breaking market update. Meta's free cash flow has collapsed by 91% to 784 million dollars.
Breaking market update. SPY bond yields continued higher this morning. The June personal consumption expenditures price index matched forecasts. Core PCE, the Fed's preferred inflation gauge, increased 3.3% annually. Gross domestic product growth slowed to 1.5% in Q2, which was weaker than expected.
Breaking market update. NBR Stands Out Among Group. NBR outperforms in land rig and frac services. The directly tagged instruments are NBR and PDS. We are checking the market response and additional verified context.
Breaking market update. Faber's portfolio is heavily levered, at four times.
SquawkNews LiveCast Briefs are informational market commentary, not investment advice. Facts may be corrected as verified information changes.