Finance news summaries — Page 3
Essential facts and source links for recent finance stories.
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Webull swings to $34.7 million quarterly pretax income as revenue rises 51%
Webull posted $34.7 million in pretax income for the June 30 quarter, up from a $21.4 million pretax loss a year earlier, as revenue rose 51% to $198.8 million. Funded accounts rose 8% to 5.13 million, while existing users drove most of the roughly 70% trading-volume growth. -
Webull adds S&P 500 and Nasdaq-100 nano futures as revenue rises 51%
Webull began offering eligible customers nano-sized S&P 500 and Nasdaq-100 futures on Sept. 14. Second-quarter revenue rose 51% year over year to $198.8 million and trading revenue climbed 66%, but the company has not disclosed futures’ revenue contribution. -
Signet raises adjusted EPS outlook as same-store sales grow 2.2%
Signet Jewelers raised full-year adjusted EPS guidance to $10.45–$12.15 from $9.20–$11.00 after comparable sales rose 2.2% in the quarter ended Aug. 1. Tariff refunds boosted margins, but third-quarter same-store sales were forecast between a 1% decline and 2% growth. -
Cohen & Steers’ August AUM fell $1.5 billion despite net inflows
Cohen & Steers’ August assets under management fell $1.5 billion from July to $101.0 billion as $1.9 billion in market depreciation and $155 million in distributions outweighed $528 million in net inflows. Open-end funds added $430 million, and subadvisory mandates $119 million. -
Tesla's decade-long rally would have grown $10,000 to $267,000
Over the past decade, Tesla shares rose 2,570%, making a hypothetical $10,000 investment worth $267,000, The Motley Fool reports. At the time of publication, the stock was 24% below its peak and Tesla had a $1.2 trillion market capitalization. -
Audit revisions cut valuations at three Metrics funds; trading suspended
Metrics Credit Partners suspended trading in three ASX-listed funds Monday as audited net tangible asset values fell: 12.16% at Metrics Real Estate Multi-Strategy Fund, 10.08% at Metrics Income Opportunities Trust and 1.99% at Metrics Master Income Trust. -
TDS withdraws all-stock bid for Array minority shares, keeps 82% stake
Telephone & Data Systems (TDS) withdrew its all-stock proposal to buy Array Digital Infrastructure’s remaining shares on Sept. 1, retaining its 82% stake. Management favors buybacks and plans to monetize Array spectrum, but has set no schedule or price targets. -
Corporación América Airports grew Q2 revenue and profit as traffic slipped
Corporación América Airports reported Q2 revenue excluding construction services up 8.2% year over year to $470.7 million and net income up 6.9% to $52.8 million. Passenger traffic slipped 0.6% to 20.6 million, and adjusted EBITDA fell 4.5% to $160.3 million. -
Korn Ferry’s fee revenue grows 7% as AMS acquisition tests margins
Korn Ferry’s fiscal 2027 first-quarter fee revenue rose 7% to $756.5 million, extending its growth streak to six quarters; the AMS acquisition closed Sept. 1, 2026. Net income rose 4% to $69 million, but net margin fell to 9.1% from 9.4%, while adjusted EBITDA margin held at 17%. -
Itron brings Gen6 meters to Asia-Pacific utilities and raises 2026 outlook
Itron made its Riva S and Riva T IEC electricity meters available to Asia-Pacific utilities on Sept. 22, its first Gen6 device rollout in the region. After second-quarter revenue fell 7% year over year to $563 million, it raised its 2026 outlook. -
nLIGHT director sells 4,452 shares under preset trading plan
nLIGHT director Geoffrey Moore sold 4,452 shares on Sept. 15 for about $171,179, according to an SEC filing. The sale was made under a Rule 10b5-1 plan adopted June 15; Moore retained 85,717 directly held shares, including unvested restricted stock units. -
SK Hynix weighs 2027 Solidigm IPO with a potential $150 billion valuation
Reuters reported Sept. 25 that SK Hynix is evaluating a 2027 U.S. IPO of its NAND subsidiary Solidigm, which could value the business at $150 billion and raise up to $15 billion. Solidigm held initial pitch meetings with investment banks this week. -
Visa escrow adjustment trims diluted share count by about 1.104 million
Visa said Sept. 23 it had authorized a $405 million U.S. litigation-escrow deposit on Sept. 18. A related adjustment cut the as-converted Class B share count by about 1.104 million; Visa says the reduction has the same EPS-accretive effect as a Class A buyback. -
Tesla begins Semi deliveries as it targets 50,000-unit annual capacity
Tesla began customer deliveries of its Semi electric truck on Sept. 25, formally entering commercial freight. The truck is designed for a 500-mile range, and management targets annual production capacity of 50,000 units at a new Nevada plant. -
Wolfe projects Micron buybacks could reach 25% of market cap by 2027
Wolfe Research kept its Outperform rating and $1,500 price target for Micron on Sept. 23, projecting buybacks worth up to 25% of its market value through 2027. If memory-market tightness persists into 2028, Wolfe says capital returns could exceed 50% of market cap. -
Planet’s Pelican-12 reaches Florida ahead of SpaceX’s Bandwagon-5 launch
Planet Labs said on Sept. 25 that Pelican-12 had reached Cape Canaveral Space Force Station before launch on SpaceX’s Bandwagon-5 rideshare mission. The satellite offers optical resolution down to 30 cm, onboard AI computing and a steerable antenna for intersatellite data relay. -
Algonquin agrees to sell Chilean Suralis stake for $126.5 million
Algonquin Power & Utilities agreed Aug. 28 to sell its roughly 64% stake in Chilean water utility Suralis to a Toesca-managed fund for $126.5 million in cash, plus a potential earnout of up to $1.5 million. The deal supports management’s shift toward regulated utilities. -
Motley Fool favors GE Vernova for conservative investors over X-Energy
Motley Fool sees GE Vernova as the better fit for conservative investors, citing its gas-turbine business and $176 billion backlog; it calls newly public X-Energy a volatile, speculative bet with more upside if its SMR plans succeed. -
Sandisk's $14 billion buyback comes with a strong growth outlook
Sandisk authorized $14 billion in buybacks with fiscal 2026 Q4 results in August, bringing its remaining authorization to $15.5 billion. Motley Fool views the move as complementing growth prospects, including up to $10.8 billion in fiscal 2027 Q1 sales guidance. -
Under a March-set plan, Brian Halligan sold 8,500 HubSpot shares for $2.1 million
HubSpot co-founder Brian Halligan sold 8,500 indirectly held shares for about $2.1 million on Sept. 15 under a Rule 10b5-1 plan established in March. The stock’s one-year total return was -52% on the sale date; he retained a beneficial interest in 422,025 shares. -
Interactive Brokers’ five-year stock outlook depends on earnings and valuation
Interactive Brokers shares could double by late 2031 only if earnings per share double and the stock retains its current roughly 29-times forward-earnings multiple, according to a Motley Fool analysis; at a multiple of 20, the five-year gain would be about 38%. -
A 12-state settlement advances Paramount’s $81 billion Warner Bros. Discovery deal
Paramount Skydance’s 12-state settlement removes an antitrust obstacle to its $81 billion Warner Bros. Discovery deal, which remains unclosed. Terms require at least $1.5 billion in added U.S. production spending over five years and at least 30 films released annually. -
Novo Nordisk raises 2026 outlook as investors seek a new growth engine
Novo Nordisk raised its 2026 sales and operating-profit growth outlook to 0% to -6% at constant exchange rates, from -4% to -12%, as investors press for a growth plan beyond Wegovy and analysts expect Lilly’s Zepbound to outsell Wegovy by more than $7 billion this year. -
Caesars shareholders approve Fertitta’s $31 offer as FTC seeks more information
Caesars Entertainment shareholders approved Tilman Fertitta’s $31-per-share cash offer, with 65.4% of outstanding shares voting in favor on Sept. 22. The FTC has issued a second request for information, which could add months to review; regulatory clearance is still pending. -
Jana urges Cooper to replace its CEO and board chair and explore asset sales
Jana Partners urges The Cooper Companies to replace CEO Albert White and its board chair and consider asset sales. It cites inventory and capital allocation problems and threatens a proxy fight ahead of January's nomination deadline if Cooper doesn't engage. -
Fed rate-hike bets and Iran standoff keep dollar near two-month high
The dollar held near a two-month high Monday, with its index at 101.15, as the US-Iran standoff lifted Brent crude futures above $106 a barrel; energy-supply risks heightened inflation concerns, and markets saw a 65% chance of a Fed hike at October’s end. -
Hyperliquid’s 284% 2026 gain fuels a hypothetical million-dollar scenario
Hyperliquid’s HYPE token has gained 284% in 2026 and recently hit a $95 all-time high. The article says $1,000 could reach $1 million within a decade if HYPE kept tripling yearly, but calls that assumption unrealistic amid new rivals and regulatory uncertainty. -
Kraft Heinz rolls out three new Philadelphia flavors in faster product push
Kraft Heinz launched three Philadelphia cream cheese flavors—Walmart-exclusive Mike’s Hot Honey, salted caramel and seasonal cranberry orange—and plans about 10 varieties over two years. The push aims to turn initial trial into repeat purchases. -
American Airlines says 30% of seats bring in half its revenue as it plans more premium seating
American Airlines told investors that 30% of its seats generate half its revenue and plans to increase premium seating by roughly 50% before the decade ends. The push includes a 70-suite business-class cabin on Boeing 777-300ER aircraft.
