American Express is one of the world’s most recognized financial services brands, known for its premium credit cards, charge cards, and travel-related services.
CEO Albert Alan today announced the establishment of a multi-generational family real estate investment firm dedicated to deploying $50 million into Arizona's real estate market over the next 15 years. The new venture leverages a sophisticated investment approach utilizing the "Wheel Strategy," employing covered calls and cash-secured puts to generate consistent returns strategically redirected into the real estate sector.
U.S. equity futures held steady in Thursday’s early trade following a record-setting session for NVIDIA Corporation (NASDAQ:NVDA), whose shares surged to new all-time highs on the back of optimism in artificial intelligence (AI) demand and strong institutional positioning. The muted movement in futures suggests a pause from
The United States current-account deficit expanded sharply to $450 billion in the first half of 2025, marking a renewed widening of the country's financial shortfall with the rest of the world. This expansion reflects a persistent imbalance between what the nation imports and what it exports in goods, services, income,
Fluid and coating equipment company Graco (NYSE:GGG) fell short of the market’s revenue expectations in Q2 CY2025 as sales rose 3.4% year on year to $571.8 million. Its non-GAAP profit of $0.75 per share was 4.9% below analysts’ consensus estimates.
Freight and logistics provider Covenant Logistics (NASDAQ:CVLG) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, with sales up 5.3% year on year to $302.9 million. Its non-GAAP profit of $0.45 per share was 8.3% above analysts’ consensus estimates.
Climate control solutions innovator Lennox International (NYSE:LII) beat Wall Street’s revenue expectations in Q2 CY2025, with sales up 3.4% year on year to $1.50 billion. Its non-GAAP profit of $7.82 per share was 13.9% above analysts’ consensus estimates.
Waste management company Waste Connections (NYSE:WCN) beat Wall Street’s revenue expectations in Q2 CY2025, with sales up 7.1% year on year to $2.41 billion. Its non-GAAP profit of $1.29 per share was 3.3% above analysts’ consensus estimates.
Regional banking company Hope Bancorp (NASDAQ:HOPE) fell short of the market’s revenue expectations in Q2 CY2025, with sales falling 19.1% year on year to $94.58 million. Its non-GAAP profit of $0.19 per share was 8.4% below analysts’ consensus estimates.
The President’s comments follow the Federal Reserve's release of a statement earlier on Friday, stating that it was “grateful” for the President’s encouragement to complete its renovations.
Hawaiian banking company First Hawaiian (NASDAQ:FHB) reported Q2 CY2025 results topping the market’s revenue expectations, with sales up 6.3% year on year to $217.5 million. Its GAAP profit of $0.58 per share was 18.5% above analysts’ consensus estimates.
The central bank also stated that it remains committed to being careful stewards of the resources at its disposal as it completes the renovations to its headquarters.
A global stock rally that lasted for seven days stalled in Asia due to uncertainty regarding the Federal Reserve's plans for rate cuts, which dampened investors' risk appetite.
Regional banking company Flagstar Financial (NYSE:FLG) missed Wall Street’s revenue expectations in Q2 CY2025, with sales falling 26.1% year on year to $496 million. Its non-GAAP loss of $0.14 per share was in line with analysts’ consensus estimates.
