A solid earnings season shows Corporate America’s profit engine is humming along, potentially easing worries that the record-setting rally in US stocks is starting to overheat.

Wall Street investors punished Southwest for chopping its 2025 profit outlook by up to 65%, as the carrier’s executives implement changes driven by its activist investor.

Labcorp raised its annual profit forecast on Thursday after beating Wall Street estimates for second-quarter profit and revenue on robust demand for its diagnostic tests, sending its shares up over 10%.

General Motors' profit and revenue declined in its second-quarter but the automaker's results managed to easily top Wall Street's expectations and the company stuck by its full-year financial outlook that it lowered in May.

Bank of Baroda reported net profit at Rs 4,541 crore for Q1 FY26. This marks a 2 percent rise from the Rs 4,458 crore net profit reported in Q1 FY25. The firm’s net interest income meanwhile fell to Rs 11,435 crore.

Nasdaq beat Wall Street estimates for second-quarter profit on Thursday, as volatile markets boosted trading volumes while first-half listings on its eponymous exchange hit their highest since 2021.

Charter Communications Inc. shares tumbled after the company reported it lost more internet customers than expected during the second quarter amid increased pressure from mobile companies’ 5G and fiber home internet offerings.

Tesla revenue dropped 12%, and profits slumped 16% in the three months through June as buyers continued to steer clear, and in some cases, turn to more affordable competitors' offerings.

India's SBI Cards and Payment Services reported first-quarter profit below expectations on Friday, weighed by a surge in the credit card service provider's write-offs. The country's lenders are grappling with rising bad loans,