Australian power producer AGL Energy narrowed its full-year earnings forecast on Wednesday, citing higher consumer margin and lower costs, while reporting a 6.4% fall in its first-half underlying prof... ...

Freshworks forecast annual revenue above Wall Street estimates on Tuesday, betting on growing adoption of its software tools that incorporate artificial intelligence to automate customer support and I... ...

Group 1 - The company forecasted full-year profit below Wall Street expectations after missing fourth-quarter estimates [1] - Weak discretionary spending has negatively impacted toy demand [1]

Lyft forecast first-quarter bookings and adjusted core profit below expectations on Tuesday, hit by severe winter storms in parts of the U.S., overshadowing a new $1 billion share repurchase program a... ...

Robinhood Markets reported record fourth-quarter revenue on Tuesday, as the retail brokerage taps into the growing role of individual traders in the equities markets. ...

Gilead Sciences on Tuesday reported fourth-quarter sales and profit that came in slightly above Wall Street estimates, while its 2026 financial forecast was at the lower end of analysts' expectations. ...

Ford Motor's quarterly core profit fell about 50% to $1 billion as it absorbed higher-than-expected costs from a fire at an aluminum supplier, but CEO Jim Farley predicted strong performance this year... ...

Core Insights - Blackstone is increasing its investment in Anthropic, the maker of the Claude chatbot, raising its stake to approximately $1 billion at a valuation of around $350 billion [1] Company Summary - Blackstone's investment in Anthropic signifies a strong confidence in the growth potential of AI technologies, particularly in the chatbot sector [1] - The valuation of Anthropic at $350 billion reflects the increasing market interest and competition in AI-driven solutions [1]

Core Insights - Commonwealth Bank of Australia reported record first-half cash earnings, driven by strong growth in lending and deposit volumes, despite margin pressures from tight competition [1] Group 1: Financial Performance - The bank achieved record cash earnings in the first half of the year, indicating robust financial health and operational efficiency [1] - Growth in lending and deposit volumes contributed significantly to the earnings, showcasing the bank's strong market position and customer trust [1] Group 2: Market Conditions - Margins were under pressure due to tight competition in the banking sector, highlighting the challenges faced by financial institutions in maintaining profitability amidst competitive pricing [1]

Core Points - Pfizer has agreed to pay $29 million to resolve a dispute with the U.S. Securities and Exchange Commission (SEC) related to a 2013 insider trading settlement involving billionaire Steven A. Cohen [1] Company Summary - The settlement amount of $29 million indicates Pfizer's willingness to resolve regulatory disputes without prolonged litigation [1] - This resolution may help Pfizer maintain its reputation and focus on core business operations, potentially impacting investor confidence positively [1] Industry Summary - The case highlights ongoing scrutiny and regulatory challenges faced by companies in the pharmaceutical industry regarding insider trading practices [1] - The resolution of such disputes is crucial for maintaining market integrity and investor trust in the pharmaceutical sector [1]