KGWV · U.S. MARKET INTELLIGENCE
Citi strategists raised their full-year earnings forecast for S&P 500 constituents, saying revenue trends among companies driving artificial-intelligence capital spending “should help support the AI-exposed portion of the index.” The strategy team led by Scott…
The labor-force participation rate for Americans ages 55 and older has continued to decline in recent years. Bank of America said in a recent analysis that sustained gains in U.S. stocks have created a wealth effect, with rising account balances prompting some…
JD Health reported first-half revenue of RMB 40.89 billion, compared with an estimate of RMB 41.11 billion.
The U.S. government is poised to issue 30-year Treasuries at the highest interest rate in 25 years. The historic selloff in long-term Treasuries has fueled speculation that the U.S. could shift more of its borrowing toward shorter maturities. The U.S. Treasury…
Google co-founder Sergey Brin has recently personally pressured the company’s AI team to devote more effort to improving the capabilities of its flagship Gemini models. People familiar with the matter said Google’s senior management is taking a more direct app…
Coherent fell about 4% in premarket trading despite results and guidance that both exceeded market expectations, as near-term profit-taking pressure continued to weigh on the stock. AI chip company Cerebras fell about 17% after its second-quarter hardware reve…
Billionaire hedge fund manager Bill Ackman has recently re-established a position in Netflix. He once lost $400 million on the stock four years ago and has now bought 3.15 million shares. The new position accounts for 4.9% of the Pershing Square fund’s investm…
Danish shipping giant Maersk reported second-quarter operating profit above expectations on Thursday and raised its 2026 earnings guidance for the second time this year. The company's shares jumped more than 8% shortly after the market opened. Second-quarter r…
Former Disney CEO Bob Iger and investor Josh Kushner plan to acquire the Los Angeles Lakers for $12.5 billion. Iger and Kushner confirmed the proposed acquisition in a joint statement to the media. The deal still requires approval from the NBA's Board of Gover…
Goldman Sachs forecasts China’s July industrial value-added growth will slow to 4.6%, while fixed-asset investment growth improves to -6.4% and retail sales growth reaches 1.5%. The forecasts are based mainly on slower export growth, a contraction in steel pro…