CIT News
Reddit shares fall as Google AI content deal renewal faces uncertainty
Reddit shares are sliding after concerns emerge over whether its content licensing arrangement with Google will continue as search patterns shift. The move puts fresh focus on how AI-generated ...
U.S. markets face oil, tariff and earnings risks before the open
Investors are heading into Wednesday with renewed caution after the major U.S. indexes end a three-day losing streak and stock futures turn lower again. Rising oil prices, potential new tariffs ...
PulteGroup quarterly profit declines as affordability pressure squeezes margins
Persistently high mortgage rates and rising housing costs continue to pressure U.S. homebuyers, forcing builders to rely more heavily on sales incentives. That dynamic is weighing on profitability ...
Jersey Mike's outlines store expansion and governance details in IPO filing
Jersey Mike's is preparing for a public listing with a scale unusual for restaurant IPOs, as the sandwich chain already operates about 3,300 mostly franchised U.S. locations. The filing also sets ...
Reach plc reports lower half-year revenue as digital and print sales decline
Amid continued disruption across the publishing sector, Reach plc says it remains on track to meet market expectations for 2026 despite weaker first-half trading. The UK and Ireland media group is ...
Greencore upgrades FY26 profit outlook after strong Q3 trading
Greencore raises its FY26 adjusted operating profit guidance after reporting stronger third-quarter trading, helped by volume growth ahead of the wider grocery market and improving profitability. ...
Wistron opens Texas AI server plant as Nvidia manufacturing push lifts shares
Taiwanese contract electronics makers are expanding U.S. production as demand for artificial intelligence infrastructure accelerates. Against that backdrop, Wistron shares rose 9.7% on Wednesday ...
Capital One earnings top estimates as Discover integration benefits remain in focus
Capital One posts stronger-than-expected second-quarter results, helped by solid revenue growth and higher non-interest income. The report still leaves investors looking for clearer evidence of ...
Fuller’s reports 5.1% like-for-like sales growth in early fiscal year trading
Ahead of its annual general meeting in London on Tuesday, Fuller’s says trading momentum continues into the new financial year. The premium pubs and hotels group reports 5.1% like-for-like sales ...
Amgen settles shareholder tax-disclosure lawsuit for $74 million
A proposed class action over Amgen's disclosure of a potential multibillion-dollar tax liability has moved toward resolution in federal court. The $74 million settlement covers shareholders who ...
SpaceX share unlock begins with first earnings report
SpaceX shares are rising after the company sets Aug. 4 for its first earnings report, a date that also opens the first major window for insider selling following its record initial public ...
Conagra Brands notes rating supports debt repayment and funding flexibility
Conagra Brands is moving to raise fresh funding through proposed senior unsecured notes as it manages broader corporate financing needs. The planned use of proceeds includes potential debt ...
GM expands Cadillac gasoline lineup as EV retreat deepens
General Motors is preparing a new wave of gasoline-powered Cadillac models starting next spring as it adjusts its product strategy beyond all-electric vehicles. The move extends into 2028 and ...
