Elauwit Q2 revenue slips to $2.9 million after 46% decline
Elauwit Connection (NASDAQ:ELWT) reported Q2 2026 revenue of $2.9 million, down 46% year over year, while net loss widened to $3.1 million.
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Elauwit Connection (NASDAQ:ELWT) reported Q2 2026 revenue of $2.9 million, down 46% year over year, while net loss widened to $3.1 million.
ReNew Energy Global (NASDAQ:RNW) reported Q1 FY27 total income of INR47.86 billion (US$506 million), up from INR41.18 billion a year earlier.
Amer Sports (NYSE:AS) reported a 32% increase in second-quarter revenue to $1,633 million across its global operations.
VNET (NASDAQ:VNET) reported Q2 2026 net revenue of RMB2.78 billion, up 14.2% year over year, as wholesale data-center revenue increased.
The Home Depot (NYSE:HD) reported fiscal Q2 2026 sales of $47.9 billion, up 5.7% year over year, as comparable sales increased 1.7%.
Meta is headed to federal court in California Tuesday to face a coalition of 29 state attorneys general over claims that the company deliberately designed Facebook and Instagram to encourage compulsive use among young users. Balázs Penz reports on Bloomberg Television.
Tims China (NASDAQ:THCH) reported Q2 2026 revenue of RMB273.4 million, down 21.7% year over year, as company-operated store revenue fell to RMB220.9 million.
iQIYI (NASDAQ:IQ) reported Q2 2026 revenue of RMB6.29 billion, down 5% year over year, while its operating loss reached RMB104.8 million.
Pony AI (NASDAQ:PONY) reported Q2 2026 revenue of $36.2 million, up 68.8% year over year as Robotaxi and Robotruck revenue increased.
Baidu (NASDAQ:BIDU) reported Q2 2026 revenue of RMB31.3 billion, down 4% year over year and 2% sequentially.
UCLOUDLINK (NASDAQ:UCL) reported second-quarter 2026 revenue of $18.2 million, down 5.9% year over year, while gross margin reached 50.2%.
Yields on 30-year US Treasuries rose to the highest since 2007 this week, while French borrowing costs hit the loftiest since 2008 and their German peers traded at 2011 levels. While domestic factors have a role in each market, the structural forces driving up yields are global in nature, as Bloomberg's Ven Ram explains.
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