Freeport (FCX) Q2 2026: Revenue Down 7.3%, EPS Up 28% as Grasberg Ramp Lags the Copper Rally
Freeport-McMoRan's realized copper price rose 36% year over year in the second quarter — yet revenue still fell 7.3% to $7,029 million. The reason is volume: co
- 02
S&P Global (SPGI) Q2 2026: Ratings Profit Up 28% in Final Pre-Spin Quarter
S&P Global's last quarter as a five-division company was a strong one on the reported numbers: revenue rose 10.4% to $4.15 billion and operating profit 16.8% to $1.81 billion.
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Tesla Adds About $88 Billion in a Day With 45 Cybercabs Cleared to Drive
Tesla jumped roughly 7% on Sept. 3 as 45 Cybercabs had already been cleared by Texas for driverless use — fleet math, NHTSA overhang, and investor implications for TSLA.
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Snowflake Q2 FY2027: Revenue Beats at $1.55B, Guidance Raised to $6.07B — SNOW Surges 23%
Snowflake Q2 FY2027: $1.55B revenue (+35%), non-GAAP EPS $0.62 beat $0.45 est. FY2027 guide raised to $6.07B. SNOW +23%. Risk: $263M GAAP loss, gross margin cut to 74%.
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Progressive (PGR) Q2 2026: Premiums Grow 6.2%, EPS $5.67, But Margin Compression Signals Caution
Progressive Corporation Q2 2026: Net premiums earned +6.2% to $21.6B, EPS $5.67, PIF crosses 40 million. But NPW growth trails NPE and personal lines margin narrows to 12.4%.
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Delivery Hero Boards Back Uber's €41.50 Bid — What the $14.8B Deal Means for UBER Investors
Delivery Hero boards backed Uber’s €41.50 bid Sept. 2. Prosus’s 17% pledge brings total support to ~42%. H2 2027 close targeted; EPS accretion by year three.
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Google Keeps Its Ad Exchange: No Forced Sale, But Behavioral Remedies Attach — A GOOGL Investor Briefing
Judge rejects DOJ's bid to force Google to sell its AdX ad exchange. Behavioral remedies ordered instead. Here's what GOOGL investors need to know.
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Marathon Petroleum (MPC) Q2 2026: Operating Income Triples to $7.3B
Marathon Petroleum's second quarter was a supply-shock windfall, not a step-change in earning power. Operating income tripled to $7,322 million from $2,197 million, and net income attributable to MPC rose to $5,138 million from $1,216 million.
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DOJ's Beef Data Request Reached Walmart on July 14. Its August 10-Q Never Mentions Beef.
The DOJ sent data requests to Walmart, Amazon, Costco, and five other retailers in July over beef price increases. Walmart's August 10-Q filing does not mention it.
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Trade Desk (TTD) Q2 FY2026: Revenue +3%, Operating Income -13% — Q3 Guidance of $650M Sends Shares Down 21–24%
Trade Desk posted Q2 FY2026 revenue of $715.1 million, up 3.0% year over year, missing the Zacks consensus of $751.6 million by 4.9%. Operating income fell 13.0% to $101.6 million.
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Elliott Opposes Deutsche Telekom–T-Mobile Merger — What the $300B Deal's Likely End Means for TMUS
Elliott Management built a Deutsche Telekom stake, opposing the $300B T-Mobile merger plan. TMUS rose 2.8% on September 2 as the deal looks increasingly unlikely to proceed.
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Lam Research (LRCX) FY2026: Revenue +26% to $23.2B; FCF -10%
Lam Research finished fiscal 2026 with cycle-high margins and the weakest cash conversion in years — and both facts come from the same source. Revenue rose 26.0% to $23.23 billion and gross margin reached 50.5% GAAP; free cash flow fell 9.7% to $4.89 billion as a $1.96 billion receivables build and a reversal in deferred profit hit cash conversion simultaneously.
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