The U.S. economy may not experience a “soft landing” as some predict, with BNY Wealth’s Alicia Levine suggesting a “no-landing” scenario as bank earnings exceed expectations and real GDP growth remains strong at close to 3%. Corporate profits are at record highs, indicating continued economic expansion, according to MRB Partners, which expects solid hiring and capital spending levels to persist. However, potential headwinds could arise if inflation persists and the Fed is unable to cut rates as much as anticipated, impacting the economy and stock market.
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Core Labs Posts Flat Revenue in Q2
Core Laboratories (NYSE:CLB), a provider of reservoir optimization and production enhancement services, reported Q2 2025 earnings on July 23, revealing GAAP revenue of $130.2 million, surpassing expectations of $129.1 million, while adjusted EPS of $0.19 met consensus. Although there were operational improvements in international markets, revenue remained largely unchanged year-over-year. Want More Context? 🔎
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