SoftBank Group shares surge 13% to a record high after quarterly profit beat estimates

SoftBank Group shares surge 13% to a record high after quarterly profit beat estimates

The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025.  Issei Kato | Reuters Shares of SoftBank Group surged 13% Friday to hit a fresh record, following the company’s higher-than-expected fiscal first-quarter profit. This marks the Japanese investment firm’s fourth straight session of gains, and comes after it closed…

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Satellite images show Israel building up forces for a possible ground invasion of Gaza, sources say

Satellite images show Israel building up forces for a possible ground invasion of Gaza, sources say

Commercial satellite images show the Israeli military building up troops and equipment near the border with Gaza that would support a possible new ground invasion of the Palestinian enclave, according to three U.S. officials and a former official who viewed the imagery. The images show troop movements and formations that the four sources recognized as…

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Texas Roadhouse’s mixed results capture the conundrum this stock has become

Texas Roadhouse’s mixed results capture the conundrum this stock has become

Texas Roadhouse on Thursday evening reported mixed second-quarter results as elevated beef prices weighed on profitability. Still, the company posted strong comparable sales and said the ongoing third quarter was off to a great start, offsetting some fears around higher input prices. Revenue in the quarter ended July 1 increased 12.8% year over year to…

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Flutter (FLUT) Q2 2025 earnings report

Flutter (FLUT) Q2 2025 earnings report

Online sports betting giant Flutter reported second-quarter earnings that beat Wall Street expectations Thursday. The company reported adjusted earnings of $2.95 per share versus an estimated $2.08, according to a survey of analysts by LSEG. Revenue came in slightly higher than expectations at $4.19 billion against consensus expectations of $4.13 billion. Flutter owns the dominant…

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Trump to nominate economic advisor Stephen Miran to be new Fed governor, replacing Kugler

Trump to nominate economic advisor Stephen Miran to be new Fed governor, replacing Kugler

President Donald Trump on Thursday announced he has selected Stephen Miran, chair of the Council of Economic Advisors, to serve on the Federal Reserve Board of Governors, replacing Adriana Kugler, who resigned Friday. The nominee will serve out Kugler’s term, which expires Jan. 31, 2026. “In the meantime, we will continue to search for a…

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