Centene revenue reaches $53.6 billion in Q2
Centene (NYSE:CNC) reported second-quarter 2026 total revenues of $53.6 billion, including premium and service revenues of $44.4 billion, up 4% year over year.
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Centene (NYSE:CNC) reported second-quarter 2026 total revenues of $53.6 billion, including premium and service revenues of $44.4 billion, up 4% year over year.
Carrier (NYSE:CARR) reported second-quarter 2026 net sales of $6.35 billion, up 4% year over year, with organic sales increasing 3%.
Meta Platforms (NASDAQ:META) and BlackRock (NYSE:BLK) have formed a joint venture to develop, own and finance a 1-gigawatt data centre campus in El Paso, Texas, with total development costs of approximately $14 billion.
Laura Cooper, macro credit head at Nuveen, discusses the selloff in semiconductor stocks and says that it is not a cause of meaningful concerns about drawdowns in the tech space as the earnings backdrop remains "exceptionally robust." She adds that so far, investors show an interest in continuing to bet on "big AI ambitions." Cooper speaks on Bloomberg Television.
Unilever (NYSE:UL) reported underlying sales growth of 5.8% in the second quarter, exceeding the estimated 4.14%, as total revenue reached €13.05 billion compared with the €12.87 billion forecast.
A selloff in semiconductor stocks deepened Tuesday as concern grows over the sustainability of the artificial intelligence spending boom. A report that a Chinese state-backed company has begun mass producing immersion deep ultraviolet lithography machines fueled fears of rising competition that could flood worldwide capacity. Bloomberg's Neil Campling reports.
Baidu (NASDAQ:BIDU) said its Apollo Go autonomous ride-hailing platform has begun testing sixth-generation RT6 vehicles in London through a partnership with Freenow by Lyft.
Mercedes-Benz Group reported resilient carmaking profits that beat expectations even as deliveries fell due to a slump in China. The company kept its 2026 carmaking margin outlook at 3% to 5%, but it cut its forecasts for revenue and vehicle deliveries to slightly below last year's levels. Bloomberg's Elisabeth Behrmann reports.
Johnson & Johnson (NYSE:JNJ) offered $5.5 billion to settle about 76,000 lawsuits alleging its baby powder and other talc products caused ovarian cancer.
Stellantis (NYSE:STLA) signed an agreement to sell its entire shareholding in Free2move to Mutares SE & Co. KGaA for an undisclosed amount.
Organic sales at LVMH's key fashion and leather goods unit, home to Louis Vuitton and Dior, rose 1%, missing the 1.52% estimate of analysts surveyed by Bloomberg. The luxury industry has been affected by the conflict in the Middle East and a slump in Chinese shoppers' purchases, with LVMH saying the conflict deterred wealthy shoppers. Bloomberg's Angelina Rascouet reports.
Barclays Plc Chief Executive Officer CS Venkatakrishnan says he is "absolutely pleased" with the earnings published today. "Our capital efficiency is much higher than we thought it would have been at this time," he adds. Venkatakrishnan speaks on Bloomberg Television after the bank reported its equities traders delivered their best second-quarter haul in four years, generating £1.26 billion. The UK lender also announced a fresh £1 billion buyback.
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