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Wendy's Cuts Dividend in Half, Withdraws 2026 Outlook as U.S. Sales Slump
Wendy's halves dividend to $0.07 per share and withdraws 2026 guidance after U.S. same-store sales dropped 7%, far worse than expected. The move frees up about $53.4 million annually.
AXIA Energia Shares Flat as R$7.7B Payout Plan Faces Scrutiny
AXIA Energia shares remained stable Friday after strong Q2 results and a R$7.7B capital return plan, though the program's non-binding nature tempers optimism.
Nokia Gains on AI Deal, but Financial Terms Stay Under Wraps
Nokia shares edged higher as it joined the Zankore AI project in Indonesia, but investors await clarity on contract economics.
Airbnb Stock Jumps 7% on AI Efficiency Gains and Strong Bookings
Airbnb (ABNB) shares surged 7% in premarket trading after the company reported strong Q2 earnings, driven by AI efficiency gains and a 10% rise in bookings, prompting an upgraded 2026 outlook.
Joby Aviation Climbs as Blade Drives Q2 Revenue Surge
Joby Aviation's stock gained 1.8% premarket after Q2 revenue surged 59% sequentially, with Blade contributing 93.7% of sales. The company's liquidity runway extends 2.7-2.9 years.
Nasdaq Futures Rally as Soft Jobs Report Dims Rate Hike Prospects
U.S. stock futures rallied Friday after July payrolls unexpectedly declined, dampening rate hike expectations. Nasdaq 100 futures jumped 1.16% as Treasury yields slipped.
Plug Power Faces Steep H2 Revenue Hurdle Ahead of Q2 Report
Plug Power must deliver nearly $485 million in second-half revenue to meet its 2026 growth target, with Q2 results due Monday. Analysts flag margin and cash burn concerns.
EA Delists at $209.70 After $55B Buyout; Debt Load Under Scrutiny
Electronic Arts closed at $209.70, just below the $210 buyout price, after its $55B acquisition. Attention shifts to the company's $20B debt load and future cash flow.