TLDR BlackRock is marketing $12.3 billion in high-grade bonds to fund a Meta data center in El Paso, Texas The bonds are being offered through a BlackRock holding company called Sopaipilla Investor, with notes due in 2048 Price talk is set at a premium of ~2.875 percentage points over Treasuries The data center will deliver
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TLDR Fifth Third Bancorp posted Q2 net profit of $763 million, up from $591 million a year earlier Adjusted EPS came in at $1.02, beating the analyst consensus of $0.84 Net interest income jumped 48% to $2.22 billion, boosted by the Comerica acquisition Capital markets fees surged 71% to $154 million…
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TLDR Micron posted record Q2 2026 revenue of $23.86 billion and guided Q3 to around $33.5 billion SK Hynix reported record Q1 2026 revenue of KRW 52.57 trillion, driven by AI memory demand Both companies are key suppliers of high-bandwidth memory (HBM) used in AI servers Analyst consensus is bullish on both: Micron holds a
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TLDR PayPal stock dropped around 9% in premarket trading after Q1 earnings New CEO Enrique Lores is targeting at least $1.5B in gross run-rate savings over 2–3 years The savings will come from AI adoption, automation, and removing layers from the org structure Q1 adjusted EPS of $1.34 beat estimates of $1.27…
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Northrop Grumman (NOC) reports Q1 earnings Tuesday. Analysts expect $6.05 EPS on $9.76B revenue. Margin recovery and guidance remain key investor focus. The post Northrop Grumman (NOC) Q1 Earnings Preview: Margin Expansion Takes Center Stage Tuesday appeared first on Blockonomi…
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