When Alphabet (GOOG +0.95%)(GOOGL +0.90%) reported second-quarter results last week, it raised its 2026 capital expenditure guidance to a range of $195 billion to $205 billion, up from $180 billion to $190 billion. The company spent $44.9 billion on capital expenditures in the second quarter alone, and free cash flow for the period ran negative…
A new Jeep Wrangler 4-Door Sahara 4×4 vehicle displayed for sale at a Stellantis NV dealership in Miami, Florida, US, on Saturday, April 5, 2025. Eva Marie Uzcategui | Bloomberg | Getty Images Auto giant Stellantis on Thursday swung to profit in the second quarter, boosted by rising demand in North America as the company…
It’ll be a busy couple of weeks for investors in Rivian (RIVN -2.16%) and Lucid (LCID +0.76%), as both companies are due to report second-quarter earnings. Both have released preliminary delivery results, giving investors a peek at what to expect. Let’s have a look at these electric-vehicle pure plays and see which is the better…
A judge in the U.S. District Court for the Western District of Pennsylvania dismissed a complaint against Allegheny Technologies Inc. for carrying out a pension risk transfer. The court held that the plaintiffs lacked standing to sue because even if the chosen insurer failed, they would not suffer a reduction in benefits. U.S. District Judge…
When classic Swiss engineering meets West African storytelling, something truly special happens in the world of interior design. The Nkyinkyim collection, a collaborative creation between supermodel-designer Armando Cabral and the legendary Swiss brand USM Modular Furniture, is a striking example of how personal history can breathe new life into functional home pieces. Built directly around…
<!– Today, we talk with Jeff Wingate—president of Rate Insurance—to discuss how home, auto, renters, and umbrella insurance work; why homeowners insurance premiums have risen so sharply while auto rates are beginning to decline; and how to make informed decisions about deductibles, coverage limits, and optional policies. They also explain how natural disasters, home renovations,…
The Swiss Franc (CHF) remains on the defensive against the US Dollar (USD) Thursday despite the unexpected improvement of Swiss leading indicators. The USD/CHF keeps reversing some of the ground lost on Wednesday, as the risk-off mood amid escalating tensions in the Middle East are offsetting the negative impact from the lack of guidance at…
Mortgage rates fell a little today, as lenders wait for the Fed’s rate announcement. The average interest rate on a 30-year, fixed-rate mortgage fell to 6.61% APR, according to rates provided to NerdWallet by Zillow. This is 12 basis points lower than yesterday and one basis point higher than a week ago. (See our chart…
Rolls-Royce on Thursday hiked its full-year profit and cash flow guidance after strong earnings for the first half of the year, with the British engineering group benefiting from robust demand across its civil aerospace, defense and power systems businesses. The FTSE 100 company posted underlying operating profit of £2.5 billion ($3.3 billion) for the first…
The sale of Centor is expected to close by the end of financial year 2026, while the sale of the plastics packaging business is expected to close in the first half of financial year 2027 Uwe Röhrhoff serves as CEO of Gerresheimer AG Apax Partners agreed to acquire Ohio-based Centor, a medical packaging firm and another plastic…