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'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 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'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.
Carvana's stock experienced a significant drop after the company's full-year guidance failed to meet expectations, despite reporting a record quarter. This slump created a potential $500 million windfall for investors who had been bearish on the stock.
Franklin Resources announced non-GAAP earnings per share of $0.72, surpassing estimates by $0.06, and reported revenue of $2.36 billion, beating expectations by $50 million.
AbbVie reported second-quarter earnings that surpassed analyst expectations, though the company subsequently lowered its full-year earnings per share guidance, citing the impact of mergers and acquisitions.
BrightSpring Health Services announced GAAP EPS of $0.38 and revenue of $3.87 billion, both surpassing analyst estimates. Linde also reported strong financial results with non-GAAP EPS of $4.50 and revenue of $9.3 billion, exceeding expectations.
T. Rowe Price reported strong second-quarter earnings, beating non-GAAP EPS estimates and achieving record assets under management (AUM). The positive results were aided by controlled costs, despite revenue slightly missing expectations.
Major League Soccer team Charlotte FC has announced a series of business changes, including lower ticket prices and ending seat license sales, in an effort to reverse declining attendance and rekindle fan interest.
Amazon Web Services (AWS) has reportedly hired a former executive from both Apple and Google to take charge of its crucial artificial intelligence services.
A controversial advertisement for a grilled meat product by Rannarootsi, which garnered significant media attention last week, has not yet resulted in any shift in the company's sales figures.
Paphos has registered the highest prices for new houses in Cyprus, as the country's new-build residential property market recorded 3,594 sales worth €1.149 billion in the first half of 2026.
The Secretary of State for Northern Ireland is scheduled to visit Stormont to discuss the upcoming budget, with expectations that the process will take time. This visit marks a key step in addressing financial matters for the region.
Apple is projecting 9%-11% revenue growth for its September quarter, despite facing rising supply constraints and a 2.5-point foreign exchange headwind.
Apple CEO Tim Cook has indicated that while initial AI features will launch in China, a full integration of a revamped Siri AI will take longer, amidst a worsening memory crisis.
Stryker anticipates 8.3%-9.3% organic sales growth and $14.95-$15.10 adjusted EPS in 2026, while also announcing the resumption of its share repurchase program.
Analysts are raising their price target for Apple, acknowledging a good but not exceptional quarter as the company navigated memory shortages that impacted its reported earnings and future guidance.
Apple CEO Tim Cook concluded his final earnings call with a stark warning about a 'hundred year flood' impacting memory chip pricing, signaling significant market volatility.
Socket Mobile projects that industrial scanning will contribute approximately 10% of its Q2 revenue, with expectations for continued growth in the coming quarters.
Avery Dennison projects an adjusted earnings per share of $10 to $10.30 for 2026, alongside an organic sales growth forecast of 3% to 4% as Materials Group prebuys unwind.
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.
Hedge funds are reportedly favoring Union Pacific Corporation (UNP) over Canadian Pacific (CP) after UNP exceeded earnings expectations and secured a significant win.
The New Bedford Whaling Museum in Massachusetts experienced a 250% surge in sales after turning a one-star Google review, which called it the 'worst aquarium ever,' into viral merchandise.
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.
Japan plans to reduce the sales tax on food and non-alcoholic beverages to 1% starting next April. This policy aims to mitigate the impact on the Japanese economy and consumers.
Apple Inc. spearheaded a 7% increase in global smartphone revenue during the June quarter, demonstrating how higher prices are effectively compensating for a decrease in overall shipments, according to Counterpoint Research.
The United States has imposed sanctions on an India-based sales agent of Iran's Mahan Air. This action targets entities associated with the Iranian airline.
Amnesty International has warned that India's provision of military components to Israeli companies supplying parts to the armed forces raises human rights risks, potentially supporting what Amnesty calls an ongoing genocide against Palestinians.
AbbVie's growth is being fueled by the strong performance of its drugs Skyrizi and Rinvoq, even as sales of its long-standing blockbuster Humira continue to decline.
AngloGold Ashanti reported its second-quarter results, with Non-GAAP EPS of $1.98, missing estimates by $0.13. The company's revenue of $3.03 billion also fell short of expectations by $160 million.
Tenax Therapeutics reported a GAAP EPS of -$0.35, beating estimates by $0.01, while Fortis announced a GAAP EPS of $0.78, surpassing expectations by $0.02. Both companies exceeded analyst predictions for their recent 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.
South Korea's two largest cosmetics companies, Amorepacific and LG Household & Health Care, reported double-digit second-quarter growth, largely driven by waning reliance on China and increasing sales in North America.
Sony Music Entertainment reported a 22% increase in sales, reaching 557.9 billion yen ($3.5B) in the three months to June, largely attributed to the box office success of the 'Michael' film.
Japan's Prime Minister Sanae Takaichi is considering a food sales tax cut as part of a plan to address the high cost of living, following criticism over her government's perceived slow response.
Despite chipmakers delivering record earnings, investor skepticism is causing stock prices to fall, as sky-high expectations, crowded trades, and looming uncertainty make the AI boom less profitable for investors.
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.
Spanish retail group Inditex is growing its footprint in the Greek market, as its local subsidiary ITX Hellas reports higher sales despite a slight dip in profitability.
Ingram Micro has forecasted Q3 net sales between $13.55 billion and $13.95 billion, with non-GAAP EPS projected at $0.72-$0.82, as its Xvantage platform scales.
Kogi State Polytechnic has suspended six lecturers following serious allegations of sex-for-marks, cultism, and illegal handout sales, with ongoing investigations into the matters.
Allegra Pinkowitz, a TikTok star and Brandy Melville staffer, was reportedly let go from the retailer's SoHo flagship store after two and a half years, with slow sales cited as the reason for her dismissal.
Allegro has outlined its Q2 FY 2027 sales forecast at $265M-$275M and EPS at $0.23-$0.26, anticipating data center sales to more than double in FY 2027.
Apple's recent price increases have made refurbished Apple devices, such as MacBooks, iPads, and Apple Watches, an even more attractive and affordable option for consumers.
Live Nation has projected double-digit growth in fan attendance, revenue, and adjusted operating income for 2026, attributing these expectations to the ongoing turnaround efforts at Ticketmaster.
GSI Technology has outlined its Q2 revenue expectations between $5.7 million and $6.5 million, while also targeting the tape-out of its Plato product in March 2027.
Argentine farmers are slowing soy sales, a move seen as beneficial for the economy as it suggests producers have less incentive to rush sales due to a boom in energy and mining exports, setting the stage for stronger export inflows later in the year.
Roblox Corp. reported second-quarter daily active users that fell short of analysts' expectations, a result attributed to the ongoing impact of new child-safety measures.
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.
While many developers are hesitant to tackle Baldur's Gate 4 due to high expectations set by Larian's Baldur's Gate 3, Owlcat Games, known for Warhammer 40,000: Rogue Trader, views it as a significant opportunity.
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.
Public Group announced sales exceeding €500 million and improved profitability for 2025, while Sklavenitis reported sales over €6 billion and investments of €228 million for the same year. Both companies are showing strong financial performance and growth.
Chevron announced a strong beat on its second-quarter earnings, with non-GAAP EPS of $6.06 and revenue of $70 billion, surpassing analyst expectations. The company also reported a significant 20% increase in global production, driven by record output in the U.S.
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.
Qualcomm's profit dropped by 25% in Q3 2026 due to higher costs and weakness related to Apple, causing its shares to slide. The company's profit forecast was clouded by these factors, impacting investor confidence.
Apple's latest earnings report has left Wall Street analysts divided, as strong demand for the company's products is balanced against concerns over supply chain constraints and fluctuating memory prices.
Oxford Square Capital reported GAAP NII of $0.05, beating estimates by $0.01, and TII of $9.4M, beating by $1.08M. TransAlta also exceeded expectations with an FFO of $0.67, beating by $0.30.
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.
Dallas Cowboys quarterback Dak Prescott has publicly stated his readiness to face high expectations and the pressure of leading the team towards a Super Bowl standard.
Global markets saw a rebound with South Korea's KOSPI surging, while Amazon gained after its fifth consecutive quarter of cloud sales growth. Apple, however, slumped due to supply shortages impacting its sales forecast.
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.
Floor & Decor projects an adjusted earnings per share (EPS) of $1.88-$2.13 for fiscal year 2026, while anticipating comparable store sales to remain flat to down 4%.
Kioxia Holdings Corp. announced a 3-for-1 stock split after its profits fell short of expectations, suggesting a potential slowdown in the AI-driven surge in flash memory prices.
Idacorp has provided its 2026 earnings per share guidance, projecting $6.30-$6.45, as large contract customers ramp up and capital expenditure trends towards the higher end of expectations.
Japan's economic data for June presented a mixed picture, with factory output exceeding expectations while retail growth softened. Tokyo's inflation rate also saw an increase, picking up to 1.9%.
Amazon reported better-than-expected results, driven by strong growth in its cloud computing division and significant investments in artificial intelligence.
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.
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, 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.
India's July monsoon rainfall surpassed expectations, easing fears of a significant shortfall despite earlier forecasts of below-normal precipitation due to El Nino, though distribution remained uneven.
Apple TV+ viewership achieved an all-time high in the June quarter, though growth in Apple's Services division was tempered by tough comparisons to the previous year's release of 'F1: The Movie'.
Chinese electric carmaker Nio Inc. has seen a significant boost to its finances and sales, with its largest fully electric SUV becoming a top seller and bucking the broader industry downturn.
Terex announced a raised outlook for 2026, projecting sales between $7.9 billion and $8.2 billion and adjusted earnings per share (EPS) in the range of $4.70 to $5.10.
TCW's Whalen has identified a new 'insensitive borrower' in the marketplace, while Winnie Cisar noted a mismatch between expectations and reality for some AI companies.
Real Madrid has generated €440 million from the sale of its academy players over the past six years, highlighting La Fabrica's significant financial contribution to the club.
Aaron Lewis's latest album, 'Give My Country Back', debuted only on Billboard's Top Album Sales chart, marking the first time one of his sets has missed the Billboard 200.
Kelly Clarkson's new song, "I'd Be Lyin'," has quickly entered the top 10 on Billboard's Digital Song Sales chart, though it has yet to make an impact on other American rankings.
Justin Bieber's song 'Everything Hallelujah' has re-entered Billboard's Digital Song Sales chart, reaching a new peak and nearing the top 10, following a significant performance.
The Federal Reserve's benchmark inflation measure eased last month, but the U.S. economy experienced a slowdown in the second quarter, leading to expectations of an upcoming interest rate hike.