Lumentum’s fiscal fourth-quarter revenue rose 109% to $1.01 billion as AI infrastructure demand pulled optical connectivity deeper into GPU clusters, with margins also expanding.
Auto debt increased by $28 billion and credit-card balances by $21 billion in Q2, while a mortgage-reporting gap helped push total household debt down slightly.
The $250 billion target counts eligible lending, investing, capital-markets and advisory activity through July 4, 2027, rather than a single pool of Bank of America capital.
Guest visits accounted for more than half of CAVA's comparable-sales growth, even as restaurant-level margin slipped 60 basis points amid higher menu, delivery and wage costs.
Super Micro sees fiscal 2027 sales of $65 billion to $72 billion after fiscal 2026 revenue jumped about 78%, while fourth-quarter gross margin rebounded to 17.5%.
CoreWeave posted $2.58 billion in second-quarter revenue and a roughly $104 billion backlog, but its net loss widened to $626 million as interest costs and infrastructure spending surged.
Core CPI rose 0.2% while energy prices fell 1.5%, giving the Fed a cooler inflation reading after a divided July policy vote.
The Senate's next procedural vote on H.R. 3633 is now set for September 15, when a cloture motion on the motion to proceed will ripen at 2:15 p.m.
The drug distributor forecast adjusted EPS of $12.40 to $12.60 for fiscal 2027, above Wall Street expectations, after quarterly profit beat estimates despite a revenue miss.
Proposed rules spell out how employers can fund Trump Accounts for workers or their dependents, including when salary-reduction contributions can receive a federal income-tax exclusion.