Intel's key 18A chip tech faces quality issues, risking its plan to rival TSMC and boost U.S. chipmaking despite heavy investment in factories and R&D.
Pfizer raised its 2025 profit forecast on strong Vyndaqel and Eliquis demand, despite a 20 cent a share charge from a cancer drug deal with China's 3SBio.
Palantir topped $1B in Q2 revenue for the first time, beating estimates. EPS hit 16 cents per share.
Topgolf CEO Arthur Starrs will succeed Jochen Zeitz as Harley-Davidson CEO, as the company faces tariffs and slowing demand for its cruiser motorcycles.
Trump threatened higher tariffs on India over Russian oil buys. India called the claim unjustified and vowed to defend its economic interests.
Moderna cut its 2025 revenue outlook due to UK shipment delays, despite beating Q2 estimates. Shares fell 9% as it plans 10% job cuts amid weak vaccine sales.
Trump fired BLS chief Erika McEntarfer after May-June job gains were cut by 258K—the largest revision since 1979, excluding the COVID-19 era.
BP made its biggest oil and gas discovery in 25 years in Brazil's deepwater Santos basin, refocusing on fossil fuels to boost investor confidence.
Samsung Electro-Mechanics will supply camera modules for Tesla's Optimus robots, deepening ties after a major foundry deal between Tesla and Samsung Electronics.
Japan PM Ishiba said he's ready to talk with Trump to speed up U.S. auto tariff cuts, despite criticism for not signing a formal deal last month.
OPEC+ countries have agreed to boost oil production by 547,000 barrels per day, a move that could impact global energy prices.
Over 3,200 Boeing jet workers in Missouri and Illinois strike after rejecting a contract with a 40% raise. Boeing plans to use non-union staff.
Exxon Mobil beat Q2 profit estimates with $7.1B earnings ($1.64/share), boosted by higher output despite lower oil prices. Estimate was $1.56/share.
Swiss manufacturers warn of major job losses after Trump imposes 39% tariffs—more than double EU rates—though key drug sector sees some relief.
Ford is recalling 312,120 U.S. vehicles due to brake assist failure, raising crash risk.
Nippon Steel cut its yearly forecast to a $266M loss from a $1.33B profit, partly due to costs from its $14.9B acquisition of U.S. Steel.
Nintendo sold over 6 million Switch 2 units in 7 weeks since June launch, showing strong demand despite trade war challenges testing its supply chain.
The U.S. Army is bundling contracts into a $10B, 10-year deal with Palantir for volume discounts, though it's not committed to new purchases yet.
U.S. job growth likely slowed in July, with unemployment rising to 4.2%, but inflation from tariffs may delay any Fed rate cuts despite weaker payroll gains.
Ferrari shares fell 12%, their biggest drop in 9 years, as it plans U.S. price cuts. Citi warns of risks to profits amid slower sales and pricing growth.
Amazon's quarterly earnings surpassed expectations, driven by strong growth in its AWS cloud computing division and retail sales.
New data shows a slight increase in the PCE index, the Fed's preferred inflation gauge, causing uncertainty about future interest rate decisions.
Ford is scaling back its electric vehicle production targets for the year, citing slowing consumer demand and supply chain challenges for key components.
NVIDIA's stock price reached an all-time high following positive analyst reports on its continued dominance in the AI chip market.