business

Foreign Buyers Retreat from U.S. Residential Real Estate, Yet Luxury Homebuilders Like Toll Brothers Remain Attractive

08/04/2026, 06:37 AM business review real_estate Toll Brothers

Foreign investment in U.S. residential real estate has significantly declined, with a notable 14% drop in unit sales and 19% in dollar volume over the past year. However, luxury homebuilders are still attracting international buyers, particularly in markets like Southern California.

Experts Highlight Ambiguities in IRS Rules Regarding AI Use by Tax Preparers

08/04/2026, 06:37 AM business research finance

The increasing use of artificial intelligence (AI) in tax preparation raises concerns about privacy and disclosure, as current IRS rules may not adequately address these developments. Investors should be aware of the potential implications for tax firms and the need for clearer regulations as AI becomes more integrated into financial services.

Kalshi Partners with Comply to Enhance Insider Trading Compliance for Prediction Markets

08/04/2026, 05:36 AM business partnership

Kalshi's new partnership with compliance technology firm Comply aims to enhance oversight of insider trading in prediction markets, which is crucial as the platform seeks to attract institutional investors.

Stocks Making Significant Moves Premarket: McDonald’s, Caterpillar, Palantir, Merck, and More

08/04/2026, 05:36 AM business review DigitalOcean Caterpillar Palantir Technologies Merck Whirlpool Snap McDonald's Wayfair Pfizer

Several major companies reported their earnings, leading to notable stock movements in premarket trading. McDonald's, Caterpillar, and Palantir Technologies all exceeded earnings expectations, while Whirlpool and DigitalOcean faced challenges despite reporting earnings that beat estimates.

Pfizer (PFE) Reports Strong Q2 Results, Raises Low End of Revenue Guidance Amid Non-Covid Product Growth

08/04/2026, 04:37 AM business forecast pharma Pfizer

Pfizer's second-quarter results exceeded expectations, prompting the company to raise its revenue forecast for the year, driven by strong performance in non-Covid products despite a decline in Covid-related sales.

Merck (MRK) Raises Revenue Outlook Amid Strong New Drug Sales but Lowers Profit Guidance Due to Acquisition Charges

08/04/2026, 04:37 AM business forecast healthcare Merck

Merck's second-quarter performance exceeded revenue expectations, prompting an increase in its revenue outlook, but the company lowered its profit guidance due to significant charges from recent acquisitions.

McDonald’s Appoints Skye Anderson as U.S. President Amid Slowing Growth in Key Market

08/04/2026, 04:37 AM business appointment McDonald's

McDonald's has appointed Skye Anderson as the new president of its U.S. operations amid slowing growth in its largest market, highlighting the company's focus on enhancing performance and attracting cost-conscious consumers.

Wayfair Reports Strongest U.S. Growth Since 2020 with 8.7% Increase in Sales

08/04/2026, 04:37 AM business growth retail Wayfair

Wayfair reported its strongest U.S. growth since 2020 and significant free cash flow in the second quarter, indicating a successful strategy in capturing market share from traditional retailers amidst a challenging housing market.

Analysts expect McDonald’s (MCD) second-quarter earnings of $3.32 per share and revenue of $7.13 billion amid challenging market conditions

08/03/2026, 09:35 PM business forecast Analysts: analysts consumer McDonald's

McDonald's upcoming second-quarter earnings report is crucial for investors as it reflects consumer spending trends amid economic pressures, with analysts expecting earnings per share of $3.32 and revenue of $7.13 billion.

Stocks Surge After Hours: Palantir Technologies (PLTR) Rises 10%, On Semiconductor (ON) Gains 5%, and Snap (SNAP) Jumps 11%

08/03/2026, 02:37 PM business stock_growth Palantir Technologies Whirlpool Snap

Several companies experienced significant stock movements after reporting their second-quarter earnings, with Palantir Technologies and Snap showing strong performance, while Whirlpool faced disappointing results.