Avista told investors about the Spokane fires in an 8-K. The 10-Q it filed the same day does not mention them
The Spokane utility filed three documents on Monday. One describes fires burning through its service territory; the quarterly report filed alongside it lists a different incident as its only subsequent event.
Japan's factory stockpiles rose for the first time since February, and carmakers drove it
METI's June industrial production figures show inventories turning up after three months of decline, with motor vehicles the largest single contributor — a reversal from May.
Altria’s cigarette profit rose $12m last quarter. Customs refunds contributed $27m of it
The number is in the 10-Q, not the press release. It is the second quarter running that Altria has quantified its duty-drawback benefit only in the filing — $51m in the first quarter, $27m in the second.
EU pump prices are up 20% over the year. The pre-tax price is up 42%, and fuel duty is absorbing the gap
Because excise is charged as a fixed sum per 1,000 litres rather than as a percentage, tax has fallen from 56.7% of the price of a litre of petrol to 48.8% in a year. That cushion is roughly nine-tenths of why drivers have not felt the full rise.
UPS earnings: the US parcel business made one cent per package last quarter, down from 85 cents
UPS charged 9.3% more per US parcel in the second quarter and still cleared a single cent on each one, because its cost per piece rose 16.8%. The entire gap is one restructuring line — and on the company’s own adjusted numbers, profits went up.
Boeing has now booked about $2.7bn of losses on a $4bn contract to build two Air Force One jets
The company disclosed another $280m charge on the presidential aircraft in its second quarter. Boeing reports the increments one at a time and never adds them up; totalled, they come to roughly two-thirds of the contract.
AstraZeneca’s core EPS rose 18%. Its reported EPS fell 2%, and a 15% tax rate did some of the work
AstraZeneca’s second-quarter core EPS rose 18% while reported EPS fell 2% at constant currency. Its own filing shows $1.5bn of add-backs and a tax rate below its full-year guidance.
IBM’s full results show software grew 5%. The collapse was in mainframes, down 42%
IBM’s second-quarter report, filed eight days after a profit warning erased a quarter of its market value, shows software revenue up 5% and IBM Z mainframe sales down 42%. The shares have recovered 4.1% from Wednesday’s low but sit 30% below their July peak.
Alphabet and Tesla both beat on revenue. Both sold off, on what the growth cost
Alphabet’s revenue rose 24% and Tesla delivered a record 480,126 vehicles, both ahead of forecasts. Alphabet then fell 7.1% and Tesla 14.5% the next day, as record capital spending and a 1.4% operating margin took over the story.
IBM suffers the worst day in its history, cratering 25% on a surprise profit warning
IBM shares plunged about 25% on July 14 — the steepest one-day fall in the company's history, worse than the 1987 crash — after it pre-announced weak second-quarter results. Cooler June inflation lifted the rest of the market.
Argentina's monthly inflation dips below 2% for the first time this year
Consumer prices in Argentina rose 1.9% in June, the slowest monthly pace since August and the first sub-2% reading of 2026 — a win for President Javier Milei, even as the 12-month rate edged up to 33.5%.
Chip stocks tumble as DeepSeek in-house silicon and Samsung results spark AI-valuation jitters
Semiconductor shares sank on July 7 after reports China's DeepSeek is building its own AI chip and weak Samsung results reignited doubts about AI spending. A gauge of chipmakers fell over 4.5%; Micron dropped 4.7% and the SMH ETF slid nearly 4%.
Hiring cooled to 57,000 in June even as the Dow closed at a record
June payrolls rose just 57,000, about half of what economists expected, and prior months were revised down by 74,000 — yet the Dow finished July 2 at a record 52,900 as investors bet a softening labor market keeps the Fed on hold.
Memory stocks slide as third quarter opens: Micron drops 10.6%, SanDisk and Applied Materials tumble
The AI memory trade cracked as Q3 opened: Micron fell 10.6% and SanDisk 10.6% on July 1 amid Fed hawkishness, a DRAM price-fixing suit and profit-taking after a 305% run.
Dow tops 52,000 for the first time as Alphabet debuts in the index
The Dow Jones Industrial Average closed above 52,000 for the first time, rising 306 points to 52,182.74 on June 29 as Alphabet made its debut in the blue-chip index, replacing Verizon after 22 years.
Japanese yen sinks to 40-year low past 162 to the dollar as Tokyo weighs intervention
The yen fell to about 162.4 per dollar on Tuesday, its weakest since 1986, as a wide US-Japan rate gap kept the carry trade alive and Japan's finance minister warned of 'decisive' action against the slide.
S&P 500 rallies as US-Iran standdown eases war fears, oil holds below $70
US stocks climbed Monday as Washington and Tehran agreed to 'stand down for now' after weekend strikes, with the S&P 500 up about 0.8% and WTI crude near $69.82 as the Strait of Hormuz risk premium faded.
Oil set to reopen higher as US-Iran strikes shatter Hormuz calm
Crude closed at multi-month lows on Friday — Brent near $74, WTI around $69 — as Strait of Hormuz traffic normalized, but a weekend of US-Iran strikes threatens to reverse the slide when futures reopen and tests a stretched, tech-led equity market.
Oil falls below $70 as tankers return to Strait of Hormuz despite US strikes
US crude settled at $69.23 on June 26, its first close below $70 since before the Iran war, as more tankers transited the Strait of Hormuz and traders bet a fragile ceasefire would hold even after fresh US strikes on Iran.
Oil falls below $73 as US license clears the way for Iranian crude
WTI crude slid to around $73 on June 23 after Washington granted Iran a 60-day license to sell oil internationally, reviving expectations of fresh global supply just weeks after a Hormuz scare.
Gold rebounds toward $4,350 as Fed's Warsh meets and oil fears ebb
Gold has clawed back a post-ceasefire slump to trade around $4,350 an ounce, rising for a third straight session as traders await Kevin Warsh's first Fed meeting as chair.
Stocks rally and oil sinks below $81 as US-Iran deal nears signing
Wall Street opened sharply higher and crude fell more than 5% to its lowest since March after Washington and Tehran confirmed a framework to end their war and reopen the Strait of Hormuz. The S&P 500 rose 1.6% and the Nasdaq jumped 2.5%.
Bitcoin climbs back above $65,000 as the US-Iran deal revives risk appetite
Bitcoin rose past $65,000 over the weekend, recovering from a war-driven slump under $61,000, after President Trump declared the US-Iran deal complete and ordered the Strait of Hormuz reopened.
Oil sits near two-month low as traders price in a Strait of Hormuz reopening
US crude settled at $84.88 on Friday, its lowest in two months, as the prospect of a signed US-Iran deal reopening the Strait of Hormuz drains the war-risk premium that drove prices toward $100 this spring.
Oil sinks to a two-month low as stocks extend rally on US-Iran deal hopes
WTI crude settled at $84.41, down nearly 4%, while the S&P 500 rose 0.5% to 7,431.46 as traders bet a US-Iran memorandum could reopen the Strait of Hormuz.