Highlights of the day: Repair work on Munak Canal likely to complete by Friday night, says Atishi | India News

The U.S. Department of Labor reported a 2.7% year-over-year increase in the Consumer Price Index (CPI) for June, reflecting ongoing inflation concerns. Consumer staple companies, which provide essential goods, may benefit from their ability to pass on cost increases, though consumers are increasingly cautious about rising prices amid prolonged inflation. Want More Context? 🔎

Bloom Energy (NYSE:BE) reported a 19.5% increase in Q2 2025 GAAP revenue to $401.2 million, surpassing analyst expectations, with non-GAAP earnings per share rising to $0.10 from a loss in Q2 2024. The company, which develops solid oxide fuel cell systems for reliable onsite power, is experiencing significant operational improvements amidst growing demand in various sectors despite ongoing cash-flow concerns. Want More Context? 🔎

World Kinect (NYSE:WKC) reported Q2 2025 results on July 31, revealing adjusted EPS of $0.59, surpassing the $0.48 forecast, while GAAP revenue of $9.04 billion fell short of the $9.32 billion expectation and declined 18% year-over-year. The quarter included $405 million in impairment and restructuring charges due to a strategic overhaul, particularly in the Land segment, despite strong performance in Aviation. Want More Context? 🔎

Stagwell (NASDAQ:STGW) reported Q2 fiscal 2025 earnings on July 31, revealing GAAP revenue of $707 million, surpassing estimates and marking a 5% year-over-year increase, alongside an adjusted EPS of $0.17. Despite a slight GAAP net loss of $0.02 per share, the results highlight growth in digital sectors and reaffirm the company's full-year guidance amidst varied segment performances. Want More Context? 🔎

Peoples Financial Services (NASDAQ:PFIS), a Pennsylvania community bank holding company, reported Q2 2025 earnings of $1.68 per share, exceeding the $1.47 forecast and significantly up from $0.46 a year prior. The bank saw net interest income more than double year-over-year, reflecting successful merger integration and improved efficiency ratios and asset quality. Want More Context? 🔎

Sirius XM (NASDAQ:SIRI) reported Q2 2025 earnings on July 31, revealing GAAP earnings per share of $0.57, missing expectations by $0.20 due to decreased net income and higher legal and restructuring costs. Despite showcasing strong free cash flow and innovation in content, profitability pressures persist; management remains optimistic about the full-year outlook amid challenging subscriber trends. Want More Context? 🔎