New on Yahoo
Yahoo Finance
Yahoo FinanceS&P Futures
5,642.25 +2.50 (+0.04%) Dow Futures
40,136.00 +47.00 (+0.12%) Nasdaq Futures
20,425.00 -16.75 (-0.08%) Russell 2000 Futures
2,161.80 +16.20 (+0.76%) Crude Oil
83.20 +0.58 (+0.70%) Gold
2,412.50 -9.40 (-0.39%)
Earnings Reports, Whispers & Company Earnings News
BusinessYahoo FinancePepsiCo CEO: GLP-1 drugs are 'not impacting us'
PepsiCo CEO Ramon Laguarta said GLP-1 drugs for weight loss and diabetes, such as Ozempic, Wegovy, and Mounjaro, aren't yet having an effect on the business.
BusinessBloombergWall Street Banks Set For Bond Sales Spree After Earnings
(Bloomberg) -- Wall Street’s biggest banks are set to borrow more than they usually do after reporting second-quarter earnings, taking advantage of falling yields and tapping debt markets before the US presidential election potentially brings market turmoil later this year.Most Read from BloombergBiden’s Putin-Zelenskiy Gaffe Deals Fresh Blow to CampaignTesla Delays Robotaxi Event in Blow to Musk’s Autonomy DriveSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatStock Rotation Hits Mega
BusinessReutersBlock investors need more to gauge crypto unit's earnings potential, analysts say
Jack Dorsey-led payments technology firm Block could become a formidable player in the crypto mining industry, but Wall Street will need details on profit margins to gauge the earnings tailwind from this business, analysts said. Block inked its first large-scale crypto mining hardware pact on Wednesday, agreeing to supply its chips to bitcoin miner Core Scientific, but no financial details were disclosed. J.P. Morgan estimates the deal could fetch $225 million to $300 million for Block, but said it will need more information to evaluate the hardware business's long-term earnings potential.