VCI Global posts $30.3 million annual loss
VCI Global (NASDAQ:VCIG) reported fiscal 2025 revenue of $26.1 million, down 6.2%, and a net loss attributable to shareholders of $30.3 million.
VCI Global (NASDAQ:VCIG) reported fiscal 2025 revenue of $26.1 million, down 6.2%, and a net loss attributable to shareholders of $30.3 million.
PNC (NYSE:PNC) reported a second-quarter net income of $2.1 billion and a record total revenue of $6.9 billion.
Johnson & Johnson (NYSE:JNJ) reported second-quarter sales of $25.3 billion alongside a reported earnings per share of $2.27.
McKinsey is on the edge of a possible "golden age" as companies seek help with issues such as artificial intelligence, according to Global Managing Partner Bob Sternfels. In an interview with Francine Lacqua on July 14, Sternfels said AI and geopolitical uncertainty were the "biggest issues facing us today", but added that they also come with opportunities.
Fractyl Health (NASDAQ:GUTS) reported one-year REMAIN-1 data showing 7.8% weight regain with Revita versus 13% with sham in 45 participants.
BlackRock (NYSE:BLK) reported second-quarter revenue of $7.08 billion as total assets surpassed $15 trillion for the first time.
Elevance Health (NYSE:ELV) reported second-quarter 2026 operating revenue of $49.8 billion and a diluted earnings per share of $6.71.
Zoom CFO Michelle Chang discusses the use of AI in what comes next for the company in product development, their partnership with Anthropic, and her focus on revenue growth and shareholder value as CFO. She speaks with Vonnie Quinn and Nina Trentmann on "Bloomberg Brief."
M&T Bank (NYSE:MTB) reported second-quarter 2026 net income of $818 million and a diluted earnings per share of $5.32.
Ethiopia is set to begin a month-long national dialogue aimed at addressing the country's deep political polarization and divisions to help steer it toward lasting peace and stability. The Ethiopian National Dialogue Commission has identified major areas that need to be discussed. Bloomberg's Fasika Tadesse reports.
Kandi Technologies (NASDAQ:KNDI) began production at its Lin’an manufacturing base, which the company expects could produce up to 200 battery-swap stations annually.
Brent crude futures rose 0.7% to $85.31 a barrel, while West Texas Intermediate futures gained 0.4% to $79.69 as U.S.-Iran hostilities intensified.