Earnings

Industrials

Caterpillar’s Surging Growth, Fueled by AI, Faces Risks From Data-Center Pushback

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Despite Caterpillar’s latest earnings beat, some analysts say the equipment giant faces mounting risks from data-center opposition.

2 min read

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Markets

S&P Hits Record High as 86% of Members Blow Past Wall Street Forecasts

About 86% of reporting S&P 500 companies exceeded consensus earnings-per-share estimates in Q2, but plenty of pitfalls may stymie performance.

2 min read
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Consumer

McDonald’s Appoints New US President to Turn Around Sluggish Sales

McDonald’s has appointed a new US chief to revitalize the flagging performance of its American restaurants, where inflation has cut sales.

2 min read
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Industrials

Can SpaceX’s First Earnings Call Ease Pressure from Looming Lockup Expirations?

On Thursday, employees and early investors will be able to sell another 911 million shares worth some 12% of the company

2 min read

Artificial Intelligence

Will Wall Street Stomach Oracle’s Costly AI Transformation?

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Capital expenditures continue to balloon and the company plans to raise another $40 billion through debt and equity financing.

2 min read

Industrials

Boeing’s Delivery Win May Signal Clearer Skies Ahead

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Sales climbed 10% as Boeing narrowed its losses from $31 million in the same quarter last year to $7 million this go-round.

2 min read

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Banking

Wall Street Predicts Record Trading Revenue amid Market Jitters

The upbeat earnings reports Wall Street expects from the largest US banks are once again being overshadowed — this year, by the Iran War.

2 min read
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Consumer

Golf Retailers Push Forward on a Tough (Economic) Course

Americans are playing the most golf in decades, but capitalizing on the trend requires expert-level finesse for equipment-makers.

2 min read
Photo illustration by Connor Lin / The Daily Upside

Artificial Intelligence

With AI Washing, C-Suite Lets Tech Take the Credit (and the Blame)

Talk about automation is swamping American industries, but are the companies tossing around tech-savvy buzzwords overstating robotic reality?

4 min read

Finance

New Berkshire CEO Embraces Buffett’s Focus on Long-Term Value Amid Lackluster Earnings

Photo via AP Photo/Josh Funk

Berkshire stock, which has lagged the S&P 500 for the past 12 months, fell Monday as results from Warren Buffett’s last quarter underwhelmed.

2 min read

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Real Estate

US Housing Market Doesn’t Have Much ‘Tailwind’: Lowe’s CEO

The value of single-family US homes increased at the slowest rate in 14 years in December, according to the S&P Cotality Case-Shiller Index.

2 min read
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Energy

Shell Pumps Out Dividend Hike Despite Slippery Oil Prices

UK oil major Shell posted its weakest quarterly profit in nearly half a decade on Thursday, sending its New York-listed shares down 5.3%.

2 min read
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Advisor Upside

UBS Sheds $14B in Wealth Assets in the Americas

However, the Zurich-based company’s global wealth unit attracted strong inflows from Asia, Europe and the Middle East.

2 min read

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