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.
Microsoft is restructuring to create a new division focused solely on consumer AI products, signaling a deeper commitment to its AI strategy.
United flight attendants rejected a deal with 26% raises, saying it didn't reflect their sacrifices. The union plans to survey members for better contract terms.
Adidas shares fell as it warned U.S. tariffs may cost €200M in H2 2025. Prices may rise in the U.S., pending tariff updates expected around Aug. 1.
Starbucks beat Q3 revenue estimates, boosted by China demand, menu tweaks, and store upgrades, lifting shares 4.1% despite slower U.S. spending.
Hermès sales rose 9% as demand for its $10K Birkin bags stays strong. Prices jumped 7% globally, plus 5% in the U.S. to offset tariffs.
The S&P 500 reached a new record, driven by optimism over a US-EU trade framework, while the DOJ announced a crackdown on tariff violators.
OpenAI is reportedly in discussions to raise funds at a valuation of £115 billion, signaling continued strong investor interest in the AI sector.
Elon Musk has stated that he will still be the CEO of Tesla in five years' time, providing some clarity on his long-term role at the company.
Candy giant Mars has announced plans to invest an additional $2 billion in its U.S. manufacturing facilities through 2026.
Shares in BP have risen following reports that Shell is considering a takeover offer for the British oil and gas giant.