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U.S. stocks traded in split fashion by midday Wednesday, with a resilient Dow and S&P 500 masking softer breadth as rising oil prices and fresh tariffs kept a lid on risk appetite ahead of the first “Magnificent Seven” earnings of the season. Oil prices climbed as the U.S. carried out its 11th consecutive night of stri
GE Vernova Inc. (NYSE: GEV ) stock fell Wednesday after the company reported mixed second-quarter 2026 results, with revenue beating expectations but earnings falling short. Diluted EPS of $2.47 missed the $3.13 analyst estimate. Revenue rose 22% year over year to $11.104 billion, topping the $10.734 billion estimate.
On CNBC’s “ Mad Money Lightning Round,” Jim Cramer said he likes Medline Inc. (NASDAQ: MDLN ), adding that it is “probably the best IPO of the year.” Medline announced that it will report second-quarter financial results on Wednesday, Aug. 5. Analysts expect the company to report quarterly earnings at 32 cents per shar
GE Vernova's stock is down 7.5% despite securing a major LNG order in Vietnam