Shares of Lithia Motors (LAD +19.30%) popped on Wednesday after the automotive retailer boosted its cash payout to investors. Image source: Getty Images. Higher profits fuel larger dividends and buybacks Lithia’s revenue rose 2% year over year to $9.8 billion in the second quarter. The car dealership network purchased 5 stores during the quarter, which […]
The fear that AI is killing jobs has been fueled by ongoing layoffs across corporate America, most recently at companies like Visa. Just this week, the payments giant revealed plans to shed 7% of its head count, a move that will impact 2,600 employees. While Bloomberg reported that AI wasn’t the only factor driving the […]
Image source: The Motley Fool. DATE Wednesday, July 29, 2026 at 8:30 a.m. ET CALL PARTICIPANTS Senior Vice President, Strategy, Investor Relations – Alexander Hutter President and Chief Executive Officer – Adam Greenlee Executive Vice President and Chief Operating Officer – Philippe Chevrier Executive Vice President and Chief Financial Officer – Shawn Fabry TAKEAWAYS Net […]
Lead Plaintiff Deadline: September 14, 2026 SAN DIEGO, July 29, 2026 /PRNewswire/ — Robbins LLP reminds investors that a securities class action has been filed on behalf of all persons and entities that purchased or otherwise acquired Planet Fitness, Inc. (NYSE: PLNT) common stock between November 6, 2025 and May 5, 2026, inclusive (the “Class Period”). […]
Robinhood Markets, Inc. (NASDAQ: HOOD) reported record second-quarter 2026 results on Tuesday, with total net revenues climbing 32% year-over-year to $1.31 billion and diluted earnings per share up 48% to $0.62, as the trading platform continued its aggressive push into new business lines. The Menlo Park-based firm now counts 13 business lines generating $100 million […]
Oil prices eased on Thursday after giving up part of the previous session’s sharp gains, as oil tankers continued to move out of the Middle East despite escalating tensions and the widening U.S.-Iran war. Crude oil price on July 30 Brent crude futures were down $1.29, or 1.42%, at $89.45 a barrel. U.S. West Texas […]
The Zhongji Innolight logo is displayed on the screen of a tablet computer. Sopa Images | Lightrocket | Getty Images Shares of Zhongji Innolight fell 5% on Thursday after the Chinese optical transceiver maker made its trading debut on the Hong Kong Stock Exchange. The company raised HK$53.4 billion ($6.8 billion) after pricing its initial […]
Equinix significantly increased its forecasts and expectations for 2026 after posting another record-heavy quarter on the back of artificial intelligence demand and more data center construction. The Redwood City, Calif.-based data center real estate investment trust (REIT) generated $2.63 billion in second-quarter revenue, up 7 percent from $2.44 billion in the first quarter and 16 […]
According to a new study on recent homebuyers, the nation’s housing affordability crisis may be entering a new phase. Truework’s 2026 Recent Homebuyers Report, Homeownership on the Edge, report found that 85% of recent homebuyers with a mortgage said refinancing within the next three years is important to their financial health. That’s up from 56% […]
US President Donald Trump during an announcement in the Oval Office of the White House in Washington, DC, US, on Wednesday, July 29, 2026. Aaron Schwartz | Bloomberg | Getty Images The U.S. forces began launching strikes against Iran at 8 p.m. Wednesday stateside, retaliating against Iranian missile attacks on American forces in the region, […]