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Carvana stock falls as auto retailer’s 2026 earnings guidance misses Wall Street’s expectations
Carvana said Wednesday it expects earnings of between $2.7 billion and $3 billion this year after reporting record quarterly results for the second quarter.
U.S. strikes Iran after surprise missile attack, dashing hopes of de-escalation
The U.S. forces began launching strikes against Iran Wednesday stateside, plunging the two sides back into open conflict after a days-long pause.
Starbucks stock jumps as coffee giant raises full-year outlook
Starbucks posted its fourth straight quarter of same-store sales growth, as it continues a turnaround under CEO Brian Niccol.
Analysis: Fed Chairman Warsh’s credibility in question after leaving interest rates unchanged
The Fed held interest rates steady, but long-term Treasury yields jumped. Investors are questioning whether he will act forcefully enough on inflation.
Todd Blanche attorney general nomination on edge as Cornyn questions Trump-IRS settlement
Sen. John Cornyn says the DOJ has failed to satisfy his concerns about a deal to shield President Donald Trump and others from IRS tax audits.
Cyclospora outbreak tied to Taco Bell will steal the spotlight from Yum Brands’ earnings
Wall Street is projecting a strong second quarter for Yum Brands, but investors’ focus will be on updates related to the cyclospora outbreak tied to Taco Bell.
Warren, Schiff urge SEC to probe Trump Media’s paid service giving faster access to Trump’s posts
Trump has frequently posted policy announcements or other newsworthy information on Truth Social that have sent global markets hurtling up or down.
Procter & Gamble revenue misses estimates as volume stays unchanged
Procter & Gamble reported quarterly earnings per share that topped Wall Street’s estimates, but its revenue fell short of expectations.
Warsh’s plan for a more opaque Fed will get put to the test by markets on edge
Federal Reserve Chairman Kevin Warsh’s words at his second FOMC meeting will test markets as he plans to say less than his predecessors.
Humana tops quarterly estimates, maintains profit outlook as medical costs stay in line
Humana maintained its 2026 adjusted profit outlook of at least $9 per share, which some analysts called a “disappointment” amid high expectations for insurers.