Industrial conglomerate 3M (NYSE:MMM) reported Q2 CY2025 results exceeding the market’s revenue expectations, but sales fell by 1.6% year on year to $6.16 billion. Its non-GAAP profit of $2.16 per share was 7.4% above analysts’ consensus estimates.
Financial services company Comerica (NYSE:CMA) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, with sales up 3% year on year to $849 million. Its GAAP profit of $1.42 per share was 13.3% above analysts’ consensus estimates.
Regional banking company Regions Financial (NYSE:RF) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, with sales up 10.1% year on year to $1.91 billion. Its non-GAAP profit of $0.60 per share was 7.5% above analysts’ consensus estimates.
Friday’s session was less a decisive move and more a cautious balancing act, as investors tried to read the tea leaves on inflation, monetary policy, and Trump’s next tariff gambit.
Interactive Brokers Group Inc. saw its shares surge 10% on Friday following the release of its second-quarter 2025 earnings, which exceeded Wall Street expectations on both revenue and profit.
Amid talk of Social Security cuts and means testing, an idea emerges: offer well-off retirees a choice—take full benefits for 5 years in exchange for tax-free IRA withdrawals. It’s a potential win-win to help sustain the system without forced cuts.
In this video, Michael J. Kramer discusses growing concerns over a second wave of inflation, citing CPI swap markets as signaling rising long-term inflation expectations.
Today was a very boring day in the markets. The Dollar drifted a little lower, gold and silver a little higher. VIX is complacent. Stocks are overvalued and mispriced for risk.
Almost half of the European Union’s imports of rare earths came from China last year, according to the latest data from the European Union's statistical office (Eurostat).
President Donald Trump and Treasury Secretary Scott Bessent want lower interest rates so they can lower the financing costs of America’s massive debt. The net interest on the debt for fiscal year 2025 is on track to hit $1 trillion.
When Chevron finally clinched its $53 billion takeover of Hess, it wasn’t just another blockbuster deal in the oil industry. It came at the end of a high-stakes arbitration clash with ExxonMobil.
