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Wall Street Reacts to Fed Decision, Tech Earnings, and AI Spending
BusinessBBCbloombergNYT+66FTwapoThe GuardianNPRAl JazeeraFox Newsnzzyle-uutiset+58 more1d ago69 sources

Wall Street Reacts to Fed Decision, Tech Earnings, and AI Spending

Wall Street experienced market fluctuations following the Federal Reserve's interest rate decision and new inflation figures. Major tech companies like Microsoft, Apple, and Meta reported earnings, with investor focus on AI spending and its impact on future growth.

Taco Bell Sales Recovering After Cyclospora Outbreak
HealthNYTforbesYahoo23h ago3 sources

Taco Bell Sales Recovering After Cyclospora Outbreak

Taco Bell's parent company reports that sales are recovering following a cyclospora outbreak that impacted foot traffic. The company has been working to restore sales and customer confidence after the foodborne illness incident.

Serbia Reports Increase in Tourism and Retail Sales for June
Businessn1-serbiadanas1h ago2 sources

Serbia Reports Increase in Tourism and Retail Sales for June

Serbia saw a 1.7% increase in tourist numbers in June compared to the previous year, with a rise in both domestic and foreign visitors, predominantly from Russia and Turkey. This growth in tourism coincided with an overall increase in retail sales for the same month.

Apple Shares Decline Amid Supply Snags and Outlook Concerns
Businesscnbcchannel-news-asia4h ago2 sources

Apple Shares Decline Amid Supply Snags and Outlook Concerns

Apple's stock experienced a significant drop as supply chain issues clouded its financial outlook, raising concerns about iPhone demand. This decline occurred as investors shifted focus to AI winners following recent earnings reports.

BTS Songs Achieve Chart Success in the UK
Businessforbes18h ago

BTS Songs Achieve Chart Success in the UK

Three songs by the K-pop group BTS, 'Come Over,' 'Normal,' and 'Dynamite,' have returned to the UK sales charts. 'Normal' notably became a new No. 1 on these lists, marking a significant week for the band.

Big Tech Earnings Show AI Spending Spree and Apple Supply Constraints
BusinessBBCbloombergNYT+30FTThe GuardianNPRAl Jazeeradr-dkyle-uutisetcnbcfaz+22 more20h ago33 sources

Big Tech Earnings Show AI Spending Spree and Apple Supply Constraints

Major tech companies like Amazon and Microsoft reported strong earnings driven by significant investments in AI, while Apple warned of future supply constraints impacting Mac, iPhone, and iPad sales, leading to a projected slowdown in September-quarter growth.

Financeseeking-alpha2h ago

TXNM Energy and Lear Report Strong Quarterly Earnings

TXNM Energy reported non-GAAP EPS of $0.58, beating estimates, with revenue of $548.5M. Lear also exceeded expectations with non-GAAP EPS of $4.28 and revenue of $6.2B, indicating strong financial performance for both companies.

Guide to Australia's Census 2026 Released
Worldsbs-news7h ago

Guide to Australia's Census 2026 Released

An essential guide for Australia's Census 2026 has been released, providing key dates, expectations, and answers to common questions and myths surrounding the upcoming national survey.

Starbucks Bets on Bubbly Drinks to Boost Sales
BusinessBusiness Insider19h ago

Starbucks Bets on Bubbly Drinks to Boost Sales

Starbucks is testing new carbonated versions of its popular refresher drinks in select markets, betting that these bubbly beverages will give sales a sparkle, especially among younger customers who are driving growth in non-coffee drinks.

Various Companies Report Mixed Financial Results for Recent Quarter
Businessmorgunbladidobservadorcyprus-mail+3irish-independentnaftemporikiseeking-alpha6h ago6 sources

Various Companies Report Mixed Financial Results for Recent Quarter

Several companies, including BPI, Proto Labs, Vassiliko Cement, Alpha Bank, and Bank of Ireland, have released their latest financial results. Reports show a mix of profit declines, increases, and varied performance against analyst expectations.

Live Nation Reports Record Ticket Sales and Concert Attendance
Technologymarketwatchhollywood-reporter13h ago2 sources

Live Nation Reports Record Ticket Sales and Concert Attendance

Concert giant Live Nation announced record-breaking ticket sales and concert attendance, with its Ticketmaster division also experiencing a record quarter. This contradicts perceptions of empty seats, indicating strong demand in the live entertainment sector.

Businessbloomberg1h ago

Telus cuts dividend and plans asset sales under new CEO

Canadian communications company Telus Corp. has announced a significant dividend cut of approximately 55% and plans to divest assets, including parts of its health division, as new CEO Victor Dodig aims to strengthen the balance sheet.

Hong Kong's Economy Grows 4.3% in Q2 2026
BusinessSCMP4h ago

Hong Kong's Economy Grows 4.3% in Q2 2026

Hong Kong's economy expanded by 4.3 percent year-on-year in the second quarter of 2026, driven by strong external trade and resilient domestic demand, with expectations for continued solid growth.

Meta Shares Tumble Amid Rising AI Spending Concerns
Technologyirish-independent8h ago

Meta Shares Tumble Amid Rising AI Spending Concerns

Meta's shares have fallen as shareholders express growing concern over the company's ability to maintain sales and profit growth at a fast enough pace, particularly due to a surge in AI spending impacting its outlook and free cash flow.

Culturevariety8h ago

Sony Reports Mixed June Quarter Financial Results

Sony Pictures Entertainment saw a 13% drop in sales for the June quarter, partially offset by growth in Crunchyroll, while Sony's music segment experienced a 21% revenue increase and the PlayStation games unit reported flat sales.

Atherton Becomes America's Most Expensive Zip Code
BusinessTimes of India10h ago

Atherton Becomes America's Most Expensive Zip Code

Atherton, California, has been named America's most expensive zip code, surpassing Miami's 'Billionaire Bunkers.' The town's luxury real estate market is experiencing a significant boom, driven by tech industry wealth, with rapid sales of multi-million dollar mansions.