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Nestlé Stock Falls 6% on H1 2026 Earnings Miss, Water Sale Announced
Nestlé stock drops 6% on weak H1 2026 earnings. Net profit fell 31% to CHF 3.5 billion. Company to sell half of water business for EUR 2.8 billion.
Cracker Barrel Sells Maple Street Biscuit Co. to Biscuit Belly, Closes 16 Locations July 23
Cracker Barrel sold Maple Street Biscuit Company to Biscuit Belly, closing 16 locations. The sale and a separate $77 million sale-leaseback deal aim to reduce debt and improve profitability.
Crypto Prices Today: BTC +0.38% Above $65K, ETH +0.28%, XRP +0.08%, Solana +0.22%
On 23 July 2026, the cryptocurrency market moved slightly higher as Bitcoin gained 0.38% and stayed above the $65,000 mark. Ethereum, XRP and Solana also recorded modest gains, suggesting that buying interest remains steady across the major digital assets. Although price movements were limited, investors continue to track institutional demand, spot Bitcoin ETF activity and…
Alphabet (NASDAQ: GOOGL) Raises 2026 Capex Outlook to $205 Billion as AI Infrastructure Spending Accelerates
Alphabet raised its full-year 2026 capital expenditure guidance to a range of $195 billion to $205 billion. That’s up sharply from the $180 billion to $190 billion forecast the company gave just last quarter. Alphabet posted Q2 2026 revenue of $119.8 billion, up 24% year-over-year, alongside record capital spending of $44.9 billion. Shares fell 3.4%…
HPCL (NSE: HINDPETRO) Shares Fall 4% While BPCL (NSE: BPCL) Gains Despite Q1 Net Losses
On 23 July 2026, shares of Hindustan Petroleum Corporation Ltd. (NSE: HINDPETRO) dropped nearly 4%, while Bharat Petroleum Corporation Ltd. (NSE: BPCL) traded higher despite both companies reporting net losses for the first quarter of FY27. The different market reactions caught many investors off guard because disappointing earnings often put pressure on oil marketing stocks….
Alphabet Stock Sinks 1.2% as Q2 Earnings Beat Masked by $205B Capex Surge
Alphabet beat Q2 earnings with $119.8B revenue and 82% cloud growth, but stock fell as capex jumped to $205B and free cash flow turned negative for the first time in a decade.
Eternal (NSE: ETERNAL) Shares Jump 4% After Strong Q1 Results as Analysts Turn Bullish on FY27
Eternal shares jumped as much as 4.5% on July 23, 2026, hitting an intraday high of ₹296.15. The Zomato and Blinkit parent posted Q1 FY27 revenue of ₹20,211 crore, up 182% year-on-year. Consolidated net profit climbed 268% to ₹92 crore, though it fell 47% sequentially. Blinkit turned EBITDA-positive for the first time, swinging from a…
US Stock Market Today: Nvidia Gains, SpaceX and SK Hynix Slide on Market Selloff
On 23 July 2026, US stocks came under pressure as investors responded to higher Treasury yields, rising oil prices, and another wave of corporate earnings. The major indexes finished lower, but individual stocks told a different story. Nvidia moved higher as confidence in AI spending remained strong, while SpaceX and SK Hynix lost ground during…
Indo-MIM IPO Details: Issue Size, Financial Performance, and Long-Term View
Indo-MIM opened its ₹3,811.21 crore initial public offering (IPO) on 23 July 2026, making it one of India’s largest public issues this year. The precision engineering company has drawn strong attention from both institutional and retail investors, backed by solid financial growth and a growing presence in global manufacturing markets. As India strengthens its position…