Verizon said its services will be opening in Staples stores on a rolling basis across select locations mid-July through mid-August, with additional locations expected to launch later in 2025.
Electronic products manufacturer AMETEK (NYSE:AME) reported Q2 CY2025 results beating Wall Street’s revenue expectations, with sales up 2.5% year on year to $1.78 billion. Guidance for next quarter’s revenue was better than expected at $1.79 billion at the midpoint, 0.9% above analysts’ estimates. Its non-GAAP profit of $1.78 per share was 5.5% above analysts’ consensus estimates.
US equity futures surged overnight, lifted by blockbuster results from Microsoft and Meta, as the tech giants reinforced investor optimism around artificial intelligence.
Snack food company Utz Brands (NYSE:UTZ) reported Q2 CY2025 results topping the market’s revenue expectations, with sales up 3% year on year to $366.7 million. Its non-GAAP profit of $0.17 per share was 5.6% below analysts’ consensus estimates.
Citi anticipates CoreWeave to benefit from a notable growth uptick starting in 2026, with the optimism hinging on the company’s ability to scale contracts and capitalize on a strengthening market for AI infrastructure.
Agricultural and farm machinery company Titan (NSYE:TWI) fell short of the market’s revenue expectations in Q2 CY2025, with sales falling 13.4% year on year to $460.8 million. On the other hand, the company expects next quarter’s revenue to be around $462.5 million, close to analysts’ estimates. Its GAAP loss of $0.07 per share was significantly below analysts’ consensus estimates.
The AI revolution is booming with tech giants like Meta, Microsoft, and Google investing $240 billion in AI infrastructure, signaling its growth potential. This also benefits hardware and infrastructure companies like Amphenol, Arista, and Lumentum.
Electrical supply company WESCO (NYSE:WCC) announced better-than-expected revenue in Q2 CY2025, with sales up 7.7% year on year to $5.9 billion. Its non-GAAP profit of $3.39 per share was 0.8% above analysts’ consensus estimates.
The Ethereum (CRYPTO: ETH) network has celebrated its tenth birthday, with on-chain analytics platform Santiment highlighting that key metrics reflect rising demand and activity.
Mastercard (MA) reported Q2 results, with net revenues of $8.13B (+17% Y/Y), beating analyst estimates. Adjusted EPS rose 16% to $4.15. Q3 and FY25 outlook strong.
Global electronics components and solutions distributor Arrow Electronics (NYSE:ARW) beat Wall Street’s revenue expectations in Q2 CY2025, with sales up 10% year on year to $7.58 billion. On top of that, next quarter’s revenue guidance ($7.6 billion at the midpoint) was surprisingly good and 4.2% above what analysts were expecting. Its non-GAAP profit of $2.43 per share was 18.7% above analysts’ consensus estimates.
Business automation software provider Upland Software (NASDAQ: UPLD) met Wall Street’s revenue expectations in Q2 CY2025, but sales fell by 23% year on year to $53.38 million. On the other hand, next quarter’s revenue guidance of $49.8 million was less impressive, coming in 0.6% below analysts’ estimates. Its non-GAAP profit of $0.15 per share was 18.2% below analysts’ consensus estimates.
Transportation company Schneider (NYSE:SNDR) reported Q2 CY2025 results topping the market’s revenue expectations, with sales up 7.9% year on year to $1.42 billion. Its non-GAAP profit of $0.21 per share was in line with analysts’ consensus estimates.
Texas-based financial institution Cullen/Frost Bankers (NYSE:CFR) announced better-than-expected revenue in Q2 CY2025, with sales up 11.8% year on year to $567.8 million. Its GAAP profit of $2.39 per share was 3% above analysts’ consensus estimates.
Norwegian Cruise Line Holdings reported mixed Q2 results, with strong demand driving performance, record revenue, and reaffirmed full-year financial guidance.
