Despite the Houthi blockade, shipping through the Red Sea fell only to 27 from 38 this week, not a full shutdown.
Series: Saudi Arabia · Houthi Red Sea Escalation · 8 chapters since Jul 22Shipping traffic fell and global oil prices climbed above US$90 a barrel amid threats of an Iranian response.
What's new: Netflix expects $12.86 billion in Q3 revenue, below Wall Street estimates, and will make its viewing-hours report annual in 2027.
What's new: Netflix projected third-quarter revenue of $12.86 billion and EPS of 82 cents, both below Wall Street estimates.
What's next: The airline cut its third-quarter outlook below Wall Street forecasts and may trim capacity later this year.
What's new: Shares fell more than 4% after PepsiCo flagged slower recovery in North America despite keeping its 2026 outlook.
What's new: The EV maker tied the raise to a U.S. Energy Department loan deal as it ramps spending on autonomy and its R2 SUV.
What's new: Meta plans to use Qualcomm's Dragonfly C1000 data-center CPU when production starts in 2028.
What's new: LongHorn same-store sales jumped 9.5%, but Darden's fiscal 2027 earnings forecast trailed Wall Street estimates.
What's next: The chipmaker forecast about $50 billion in current-quarter revenue, well above analyst estimates of $43.58 billion.
What's new: Operating profit was 5.91 billion crowns versus a 6.38 billion-crown analyst forecast, and H&M expects June sales to be flat.
What's new: First-quarter revenue rose to $8.01 billion, but gross profit per used vehicle fell $230 from a year earlier.
What's next: Markets see a 95% chance the Bank of England leaves rates at 3.75% on Thursday, though traders still expect a hike later this year.
What's new: The retailer now sees annual sales as low as $11 billion and earnings as low as $10.95 a share, both below Wall Street targets.
What’s new: First-quarter revenue rose 15% to $1.56 billion, and the retailer now sees up to $580 million in adjusted operating income.