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News 2026-07-30 19:08 UTC

META Drops 9% as Free Cash Flow Collapses 91%, AI Agent Pitch Falls Flat

Mark Zuckerberg spent Wednesday’s earnings call describing AI agents that would handle users’ health, finances and careers, alongside coding and customer service agents he wants to sell to businesses. Investors spent Thursday selling. Meta Platforms Inc. (NASDAQ: META ) fell about 9% as the market worked through a quar

News 2026-07-30 18:15 UTC

Cigna Expects Lower Growth in Popular GLP-1 Drug Prescriptions

The Cigna Group (NYSE: CI ) stock is lower on Thursday after the company reported second-quarter earnings results. Q2 Earnings And Revenue Beat Expectations The health plan company reported second-quarter 2026 adjusted earnings of $7.78 per share, beating the consensus of $7.60 per share. Adjusted revenue rose 7% to $7

News 2026-07-30 18:11 UTC

Bristol-Myers Boosts 2026 Guidance on Portfolio Strength

Bristol-Myers Squibb Co. (NYSE: BMY ) shares are up on Thursday as the company reported its second-quarter financial results for 2026. • Bristol-Myers Squibb stock is showing upward movement. Why are BMY shares climbing? The U.S. large pharma company reported adjusted earnings of $2.04, beating the Wall Street estimate

News 2026-07-30 15:14 UTC

'All Bark and No Bite': Peter Schiff Says Kevin Warsh Chose Inflation

The Federal Reserve held rates steady Wednesday, but the bond market pushed borrowing costs sharply higher, sending the 30-year Treasury yield to its highest level since 2007. Peter Schiff says the selloff exposed the gap between Kevin Warsh’s words and actions. “He can talk the talk, and he talked it again today, but