Earnings call transcript: TTI posts record H1 2026 results as stock slips

Earnings call transcript: TTI posts record H1 2026 results as stock slips

Earnings call transcript: TTI posts record H1 2026 results as stock slips
Key Points Micron Technology (NASDAQ: MU) has had a great year, with its shares rising about 217% so far. However, following a sell-off in early July, they are still down 25% from an all-time high set in late June. A midyear sell-off like this shouldn’t come as a surprise to investors since many of them…
Former top producer Christopher J. Gallo has pleaded guilty to a federal fraud charge for allegedly falsifying loan documents during the recent market heyday. Processing Content Gallo pleaded guilty to a single count of conspiracy to commit bank fraud in a hearing before a New Jersey federal judge Wednesday. By pleading guilty, federal prosecutors have…
After bottoming out around 6.5% in late June, mortgage rates moved steadily higher this month, ultimately hitting 6.85% last Thursday–the highest level in over a year. There was a modest recovery on Friday with a fair amount of intraday changes from the average mortgage lender. Because rates are based on bonds, it’s worth noting that…
Ukraine Drone Strikes Hit Wildberries Warehouses, Injuring Workers and Disrupting Russian E-Commerce Ukrainian Drone Attacks Target Russian E-Commerce Giant Wildberries Details of the Latest Attacks MOSCOW, July 22 (Reuters) – Ukraine has attacked two more warehouses of Russian online retailer Wildberries, its boss said on Wednesday, injuring several people and extending a campaign of drone…
The former operator of an Ontario mortgage investment corporation (MIC) has pleaded guilty to fraud and illegally distributing securities in connection with a $5.3-million investment scheme. The Ontario Securities Commission said Ian Ross McSevney, formerly of Ancaster, Ont., raised nearly $5.3 million from approximately 30 investors between May 2015 and May 2019 through Altmore Mortgage…
A romantic stone manor in North Carolina is offering bibliophiles the chance to create their ultimate sanctuary courtesy of a dramatic two-story library that is just waiting for its shelves to be filled. Known as Stone Manor, the custom-built estate recently came to market for $7.2 million, having last changed hands in 2018. Located inside…