Apple’s iPhone Sales Blow Past Estimates as Customers Raced to Beat Tariffs
The company’s revenue was about 10% higher than the same period a year ago, showing an unexpected ability to weather tariff blows.
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Amazon Posts Higher Sales, Profit
The sales and profit results beat Wall Street’s expectations.
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Coinbase’s Profit Jumps on Crypto Investment Gains
The largest U.S. crypto exchange’s revenue fell short of Wall Street expectations.
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Paramount Streaming Revenue Grows, While TV Challenges Continue
The media company is set to merge with Skydance Global next week.
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Reddit Swings to Second-Quarter Profit as AI-Driven Improvements Boost Ad Revenue
Reddit’s AI-driven advertisements have helped the company draw in more business, pushing revenue up 78% to $499.6 million, said CFO Drew Vollero.
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Bayer Ups Guidance After Pharmaceuticals Unit Outperforms
The German pharmaceutical and agricultural conglomerate said it now expects to post revenue of more than $52.51 billion for the year.
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MicroStrategy Swings to Profit on Bitcoin Gains
The company’s bitcoin per share increased by 25% in the second quarter from a year earlier.
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UnitedHealth Group Replaces CFO John Rex
UnitedHealth Group named Bain Capital executive Wayne DeVeydt as its next CFO, replacing John Rex, who will become strategic advisor to the CEO.
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Stryker Lifts Guidance on Improving Tariff Outlook
The medical products maker raised its earnings outlook for the year as it is now expecting a smaller hit from tariffs.
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First Solar Posts Earnings Beat, Lifts Revenue Outlook
The solar energy company posted second-quarter earnings above analysts’ expectations and raised its 2025 revenue guidance.
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Wells Fargo to Name CEO Charlie Scharf Chairman
The appointment rewards the executive who led the bank back from a scandal involving the creation of millions of fake customer accounts.
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Figma Shares Jump 250% in Their Stock-Market Debut
The software company adds fuel to an IPO comeback already under way.
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Microsoft Just Became the World’s Second $4 Trillion Company
The company crossed the market-cap milestone after its earnings report showed strong growth in its cloud-computing services, bolstered by demand for its AI offerings.
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Universal Music Logs Higher Revenue on Healthy Subscriptions and Streaming Growth
The record label posted higher revenue for the second quarter, lifted by better-than-expected growth from subscriptions and streaming services.
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Comcast Posts Revenue Growth, With Theme Park and Xfinity Mobile Gains
Peacock subscriptions remained flat from the prior quarter at 41 million and video subscription losses slowed.
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CVS Shows Signs of Recovery, Beats Wall Street Expectations
The healthcare giant’s results underscore a split among insurers between those that are struggling and those that are beginning to revive.
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Mastercard Profit Climbs on Revenue Gains From Spending, Services
Mastercard said more consumer spending in its payment network translated to higher revenue and earnings in the second quarter.
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OpenAI Strikes Partnership to Bring Stargate to Europe
OpenAI is joining forces with two European companies to set up a data center in Norway, the ChatGPT maker’s first project of this kind on the continent as it seeks to expand artificial-intelligence infrastructure outside the U.S.
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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire
The hedge-fund founder’s move ends a tumultuous transition at the firm. Also, Brunei’s sovereign-wealth fund now owns almost 20% of the hedge fund.
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Enel Launches $1.14 Billion Share Buyback, Confirms Guidance
The Rome-based energy company said first-half net profit fell 11% because the prior year’s results were boosted by proceeds from its disposal plan.
(END) Dow Jones Newswires
July 31, 2025 19:15 ET (23:15 GMT)
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