Latest Business News
Walmart Pre-Market Earnings Report for February 19, 2026
Walmart Inc. (WMT) is set to report earnings for the quarter ending January 31, 2026, with consensus EPS forecast at $0.73, a 10.61% increase year-over-year. The company missed estimates in Q3 2025 by -6.85%, and its 2026 P/E ratio stands at 48.81 versus industry 20.90, signaling stronger growth potential.
Investors await results amid retail sector focus.
Multiple Firms Announce Pre-Market Earnings on February 19
Companies like Southern Co. (SO), Quanta Services (PWR), Targa Resources (TRGP), Cenovus Energy (CVE), and others including INSM, TECK, CNP, FTI, EVRG, DTM are reporting pre-market earnings. Forecasts show varied growth, e.g., TRGP's 2025 P/E at 26.80 vs. industry -11.70, indicating superior earnings outlook.
These reports could sway energy and resource sectors.
AkzoNobel and Axalta to Merge into $25B Paint Giant
AkzoNobel, maker of Dulux paint, will merge with Axalta Coating Systems, forming a $25 billion enterprise. AkzoNobel shareholders receive a 2.5 billion euro dividend.
The deal aims to strengthen global coatings market position.
Hyundai Pledges Record $85.8B Investment in South Korea
Hyundai Motor Group announced $85.8 billion investment over five years in AI, robotics, and EVs to boost innovation and exports. This massive commitment targets cutting-edge tech advancement.
It underscores South Korea's push in mobility sectors.
Xiaomi Reports 81% Q3 Profit Jump on EV Sales
Xiaomi's third-quarter profit surged 80.9% driven by strong electric vehicle sales and innovations. The company achieved its first net profit from EV operations in a quarter.
This highlights China's rising EV dominance.
eBay Acquires Depop from Etsy for $1.2B Cash
eBay is buying secondhand fashion marketplace Depop from Etsy in a $1.2 billion all-cash deal. The acquisition bolsters eBay's position in resale fashion.
Announced recently, it targets growing sustainable shopping trends.
DoorDash Posts Strong Q4 Growth but Warns of High Costs
DoorDash reported robust quarterly sales and order growth. However, it cautioned about significant upcoming costs.
Results reflect delivery sector resilience amid economic pressures.
Bayer Agrees to $7.25B Settlement in Roundup Lawsuits
Bayer settled thousands of Roundup cancer lawsuits for $7.25 billion. The proposed deal addresses ongoing litigation.
It impacts agrochemical giant's financials significantly.
Warner Bros Reopens Takeover Talks with Paramount
Warner Bros. resumed acquisition discussions with Paramount after a Netflix waiver. The move follows prior stalled efforts.
Media consolidation heats up.
Canadian Fintech Investment Moderates to $2.4B in 2025
Canada's fintech sector saw $2.4 billion in investments across 113 deals in 2025, down from prior megadeal surge. Focus shifted to AI and digital assets in H2.
Activity returned to historical levels per KPMG report.
Canada's Energy Minister Advances Nuclear, Trade in Europe
Minister Tim Hodgson travels to Poland for nuclear energy talks and France for IEA meeting and Critical Minerals Forum. Engagements from Feb 17-20 include panels and Ukraine energy announcement.
Aims to boost trade and investment.
US Jobless Claims Hit Two-Month High Amid Shutdown Delay
Continued jobless claims rose to 1.957 million for week ending Oct 18, per Labor Department. Data reflects economic pressures from delays.
Signals labor market softening.