TotalEnergies expects higher cash flows from its oil production and strong refining margins and oil trading results to boost second-quarter profits compared to the prior quarter, as oil prices rose and fuel markets tightened in the wake of the Iran war. “Downstream results and cash flow are expected to increase sharply compared to the first…
By Amina Niasse NEW YORK, July 16 (Reuters) – UnitedHealth Group raised on Thursday its 2026 profit forecast as the company tightened spending on medical costs and improved operating income in its Optum health services business. Shares of the healthcare giant rose nearly 5% before the bell. Chief Financial Officer Wayne DeVeydt said cost controls…
By Wen-Yee Lee, Ben Blanchard and Faith Hung TAIPEI, July 16 (Reuters) – TSMC, the world’s main producer of advanced AI chips and a major Nvidia supplier, pledged on Thursday to invest a further $100 billion in the U.S. state of Arizona in a win for President Donald Trump, who has pushed for more chipmaking…
Find out which banks are offering the best CD rates right now. If you’re looking for a secure place to store your savings, a certificate of deposit (CD) may be a great choice. These accounts often provide higher interest rates than traditional checking and savings accounts. However, CD rates can vary widely. Learn more about…
According to the Zillow lender marketplace, mortgage rates are generally higher today, Thursday, July 16, 2026, than yesterday. The 30-year fixed-rate purchase loan rose 3 basis points to 6.49%; the 15-year fixed purchase loan increased by 10 basis points to 5.96%; and the 5/1 ARM purchase rate rose 9 basis points to 6.74%. Read more: Discover the best mortgage…
Concerned about an AI bubble? Sign up for The Daily Upside for smart and actionable market news, built for investors. It’s getting better all the time. Wall Street is celebrating a second quarter that delivered stellar earnings for banks, wirehouses and asset managers alike. With major indexes up roughly 10% so far this year, a…
Concerned about an AI bubble? Sign up for The Daily Upside for smart and actionable market news, built for investors. In the years after it was acquired by eBay in 2002, PayPal became famous for an exodus of founders and early employees who went on to launch many of the world’s most transformative companies. Including…
By Heekyong Yang and Heejin Kim SEOUL, July 16 (Reuters) – Hyundai Motor Group on Thursday disclosed that it would make U.S. robotics company Boston Dynamics a wholly owned subsidiary by acquiring SoftBank Group’s stake of around 10%, a move it said would help it deploy advanced robotics across its operations. Terms of the deal…
By Heejin Kim, Sherin Sunny and Cynthia Kim SEOUL, July 16 (Reuters) – South Korea said on Thursday it will temporarily ban new listings of exchange-traded funds (ETFs) that are tied to certain major technology firms, while raising minimum required deposits for retail investors to invest in such products, in an effort to curb market…
The S&P 500 Index ($SPX) (SPY) on Wednesday closed up +0.38%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.29%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.28%. September E-mini S&P futures (ESU26) rose +0.35%, and September E-mini Nasdaq futures (NQU26) fell -0.30%. Stock indexes settled mixed on Wednesday, with the S&P 500 posting a 6-week…
End of content
End of content