Palo Alto Networks bet big on bundling. Investors want more proof that it’s working
Shares of Palo Alto Networks have been on a tear ahead of Monday's earnings report.
TikTok and fast-food rivalry fuel Chili’s sales as parent Brinker says turnaround is taking hold
After two years, Brinker International's turnaround of Chili's looks like it's taking hold, as the chain benefits from higher fast-food prices.
Alibaba shares dip 3% in premarket after earnings miss expectations despite cloud acceleration
Alibaba continues to face headwinds in its core e-commerce business amid rising competition and a cautious Chinese consumer.
Walmart reports its earnings before the bell. Here’s what to expect
Walmart will report its quarterly earnings as economists and investors seek clarity about the consumer and the economy.
DraftKings reverses plans for a tax on customers as FanDuel parent Flutter wows Wall Street
Earlier this month, DraftKings said it would introduce a surcharge on users in states where taxes on sports betting are highest. FanDuel wouldn't follow suit.
UBS CEO says it’s too early to talk about a U.S. recession, but a slowdown is possible
UBS CEO Sergio Ermotti said market volatility could intensify in the second half of the year, but he does not believe the U.S. is heading...
World’s largest sovereign wealth fund posts $138 billion in first-half profit as AI demand boosts tech
Norway's massive sovereign wealth fund on Wednesday posted first-half profit of 1.48 trillion kroner ($138 billion).
Chinese tech giant Tencent’s quarterly profit jumps 82% as key gaming unit accelerates
Tencent beat second-quarter top and bottom line estimates as growth in its key gaming division accelerated.
UBS posts $1.14 billion profit in second quarter, smashing expectations
Analysts expected revenue of $11.5 billion, according to an LSEG poll.