The AI bull market may still be far from finished

Even if a company is profitable, it doesn’t always mean it’s a great investment. Some struggle to maintain growth, face looming threats, or fail to reinvest wisely, limiting their future potential.

Jenna O’Malley/PitchBook News The subject of artificial intelligence featured prominently in investment banks’ second-quarter earnings calls. Equity analysts were keen to know the impact the technology was having on the M&A market and on banks’ own businesses, and how much implementing the technology is likely to cost. Here are some highlights from the earnings calls of the boutique banks that drive sponsor-backed deal flow. John Weinberg, Evercore chairman and CEO “AI is the source of a great d

(Bloomberg) -- Lyntris Inc. and some of its backers are seeking to raise as much as $528 million in an initial public offering, joining a wave of listings driven by demand for defense equipment.Most Read from BloombergChina Unleashes $28 Trillion Capital Markets to Challenge US in AIIran Shakes Up Security Team After Saying Oman Deal ‘Very Close’Stocks Churn as Oil Advance Boosts Treasury Yields: Markets WrapTrump Amps Up Pressure on Billionaire Sargeant to Exit VenezuelaBehind Bessent Moves, Wa

Advisory and underwriting revenues surged, driving record first-half results.

Evercore stock has delivered a strong 159.3% return over the past five years, yet the current checks send mixed valuation signals, with the Excess Returns intrinsic value estimate pointing to meaningful upside while market multiples lean the other way. Over five years Evercore has returned 159.3%, which puts recent share price weakness into the context of a longer period of strong gains for existing shareholders. Evercore's role at the center of record activity in the private asset secondary...

Evercore (EVR) just delivered a fresh set of second quarter 2026 earnings and confirmed its latest dividend, while also adding veteran equity capital markets banker Dylan Tornay to deepen coverage in industrials and infrastructure. See our latest analysis for Evercore. Evercore's share price has eased in recent weeks, with a 7-day share price return of 6.51% and a 30-day share price return of 7.09% down to US$318.34, even as investors weigh strong year-on-year revenue figures and the arrival...

Evercore appointed Dylan Tornay as Senior Managing Director in Equity Capital Markets. Tornay brings nearly 30 years of equity capital markets experience from Citi. He will focus on the industrials and infrastructure sectors within Evercore's ECM platform. Evercore, listed as NYSE:EVR, is adding an experienced executive to its equity capital markets team at a time when its stock has seen mixed recent performance. The share price stands at $320.56, with the stock down 5.6% over the past week...

Jenna O’Malley/PitchBook News In the first half of 2026, a record number of private equity managers used continuation funds to return cash to their investors without having to sell companies. They also moved to capture a bigger slice of returns when that sale eventually comes. By dollar volume, around 35% of continuation funds closing in the first six months of the year had premium economics, colloquially known as super carry, baked into their fund documents, according to investment bank Evercor

Financial firms serve as the backbone of the economy, providing essential services from lending and investment management to risk management and payment processing. Market leaders have certainly capitalized on a favorable backdrop to boost profitability, helping fuel a 7.5% gain for the industry over the past six months. This performance has closely followed the S&P 500.

Evercore founder Roger Altman says the stock market is brushing off wars, energy shocks, and rising interest rates as if they barely exist, and he has a specific reason why that resilience holds even as a multitrillion-dollar AI spending gamble looms over the biggest names on Wall Street.

BGC Group posts record Q2 revenues and beats earnings estimates as brokerage and Fenics growth offsets higher costs.

(Bloomberg) -- Apnimed Inc., a late-stage drug developer focused on sleep apnea rose 6.3% on Friday after raising $192 million in an upsized US initial public offering.Most Read from BloombergSingapore's Gated Island for the Rich Is Marred by Decayed HomesAnthropic AI Models Hacked Three Organizations During TestsMicrosoft’s $450 Billion Jump Is Biggest in Stock Market HistoryChip Stocks Post Biggest Advance Since April 2025: Markets WrapUS Strikes Iran Again as Conflict Spreads Across Middle Ea

EVR posts record Q2 revenues on stronger deal activity and higher AUM, but rising expenses and special charges weighed on earnings.

Evercore Inc (EVR) reports a 19% increase in Q2 revenues, driven by strong underwriting and wealth management performance, while navigating increased expenses and market uncertainties.

The headline numbers for Evercore (EVR) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Evercore (EVR) delivered earnings and revenue surprises of -3.64% and +0.60%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Investment banking firm Evercore (NYSE:EVR) met Wall Street’s revenue expectations in Q2 CY2026, with sales up 18% year on year to $990.2 million. Its non-GAAP profit of $2.91 per share was 3.9% below analysts’ consensus estimates.

Investment banking firm Evercore (NYSE:EVR) will be reporting results this Wednesday before market open. Here’s what to look for.

Many investors pay attention to mid-cap stocks because they have established business models and expansive market opportunities. However, their paths to becoming $100 billion corporations are ripe with competition, ranging from giants with vast resources to agile upstarts eager to disrupt the status quo.

The rapid growth of the private credit secondaries space continued this year despite broader primary market volatility, according to new data from Evercore. Deal volume for credit secondaries transactions in H1 2026 reached $20 billion, already surpassing the FY 2025 total, according to the Evercore H1 2026 Secondary Market Review released on July 21. GP-led transactions, which are generally continuation vehicles, accounted for $17 billion of the market growth so far this year. Pricing remained

Evercore recently reported that secondary deals for private assets reached a record high in the first half of 2026, with more than US$120 billion in volume driven by GP-led and single-asset continuation funds. This surge underscores Evercore’s role at the center of an evolving secondary market where sponsors seek liquidity while retaining control of trophy assets, highlighting growing demand for its private capital advisory capabilities. Next, we’ll look at how Evercore’s leading role in...

LPL Financial (LPLA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Evercore (EVR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Stifel (SF) delivered earnings and revenue surprises of +5.19% and +3.13%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Single-asset continuation funds carried secondary deal volume to a first-half record in 2026, according to one of the most active intermediaries in the space. The total surpassed $120 billion in the first six months of the year, a 20% jump over H1 2025, the previous record, according to Evercore. GP-led transactions, which are centered on one or a small number of companies, accounted for 53.7% of deal volume as sponsors turned to the vehicles to generate distributions for investors and get more

Interactive Brokers (IBKR) delivered earnings and revenue surprises of +7.81% and +5.14%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

(Bloomberg) -- Secondaries deals for private assets surged to a record $121 billion in the first half of 2026, driven by fund managers seeking to hold onto single “trophy” assets longer, according to Evercore Inc.Most Read from BloombergYemen’s Houthis to Impose Maritime Blockade on Saudi ArabiaChina AI Sensation Moonshot’s Gamble on Big Models Pays OffMoonshot’s Kimi K3 May Be More About Memory Than ComputeUS Strikes Iran in Escalating Campaign After Troops KilledTrump Vows 50% Tariff on Canadi

Microsoft's AI Bet Wins Another Bull: Evercore Lifts Stock Target to $525

The biggest banks in the country report second-quarter results on July 14, and the mood on Wall Street is optimistic. Consumer spending is holding up, deal activity is back, and bank stocks have been climbing all year. That is usually a sign of a rally. However, this time, Evercore's (EVR) Glenn ...

Evercore initiated coverage of SpaceX with an ‘Outperform’ rating and a price target of $230, implying an upside potential of 62% from current levels.

Wells Fargo (WFC) delivered earnings and revenue surprises of +13.30% and +3.76%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?