Newmont surpassed Wall Street expectations for second-quarter profit on Thursday, as the gold miner benefited from a rally in bullion prices.

Results reveal a mixed performance with increased total revenue but decreased comparable restaurant sales and operating margins.

Southwest Airlines Co. plunged after the carrier said it expects economic turmoil to wipe out as much as $1 billion of its annual pre-tax profit this year and offered shareholders a much-reduced outlook for the balance of 2025.

Shares in Becle , the world's largest tequila producer, surged over 7% on Thursday after it reported a quadrupling in its second-quarter profit despite shrinking demand, and as executives indicated signs of recovery in the company's main markets.

The brewer, which owns the Samuel Adams and Truly brands, estimated tariffs pose an unfavorable effect on costs of about $15 million to $20 million, or 96 cents to $1.28 for earnings per share, for the full year.

Union Pacific's adjusted profit grew to $1.8 billion in the second quarter as merger rumors to swirl around the nation’s largest railroad.

Labcorp raised its annual profit forecast on Thursday after beating Wall Street estimates for second-quarter profit and revenue on robust demand for its diagnostic tests, sending its shares up over 10%.