SpaceX slides as AI spending worries overshadow early returns

SpaceX touted faster-than-expected returns ​from its AI spending on its first-ever earnings call as a public company.

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EXCLUSIVE: US has used 'virtually all' of its long-range precision missiles during Iran war, sources say

The U.S. Army has used up much of its stockpile of highly accurate long-range missiles during its five-month war with Iran, according to three people familiar with the data, raising concerns about the...

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Caterpillar lifts 2026 sales growth target after quarterly profit beat

Caterpillar raised its annual ​revenue growth forecast after beating second-quarter profit estimates on Tuesday, benefiting from a ‌buildout of AI data centers that has spurred demand for its power-ge...

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Palantir lifts annual revenue forecast on steady demand for AI-powered data analytics

Palantir Technologies on Monday raised its annual revenue forecast again, signaling strong government and commercial demand for its data analytics software, ​sending its shares up 14% in extended trad...

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McDonald's US sales growth slows as value deals fail to draw enough diners

McDonald's ​on Tuesday missed U.S. sales growth expectations for the second quarter as its value ‌deals failed to sufficiently draw lower-income diners who have been cutting back restaurant spending d...

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Status of US-Iran talks uncertain as ship struck in Hormuz

An attack on ​a vessel near the Strait of Hormuz and a rebound in oil prices on Tuesday underscored doubts that the U.S.-Iran war was nearing a resolution, as Tehran pushed ‌back against President Don...

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Iran says no talks are under way with United States after Trump calls off attacks

Iran contradicted President Donald Trump who had ‌cited talks he said would take place on Monday as justification for calling off attacks.

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ExxonMobil misses second-quarter profit estimates

ExxonMobil missed Wall Street estimates ​for second-quarter profit on Friday, sending its shares down about 2% in premarket trading, even as high oil prices and refining margins due ‌to the Iran war l...

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Chevron records highest quarterly profit in six years, beating analyst estimates

Chevron surpassed analyst estimates for second-quarter earnings on Friday, reporting its ​highest quarterly profit in at least six years as the U.S.-Israeli war with Iran disrupts world energy markets...

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Reddit flags volatile search referrals as US user growth slows

Reddit said on Thursday that choppy search-engine traffic ‌affected U.S. user growth in the second quarter, overshadowing an upbeat revenue forecast and sending its shares down about 12% in extended t...

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Roblox's algorithm, safety changes dent bookings forecast; shares slump

Roblox forecast a steeper-than-expected drop in third-quarter bookings on Thursday as a shift toward lower-spending ​games and new safety measures weigh on in-app purchases, sending its ‌shares down 1...

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Amazon lifts investment plans after strong cloud sales; shares jump

Amazon delivered its strongest cloud growth in more than four years.

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Apple disappoints with forecast dogged by supply chain struggles

The iPhone maker struggled to get the parts it needed to deliver products.

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P&G forecasts muted 2027 as tighter consumer spending hurt demand

Procter & Gamble forecast slower revenue growth in fiscal 2027 after quarterly sales missed estimates ‌due to uneven demand in categories such as grooming and oral care from a "very challenging geopol...

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Major Gulf fighting resumes as US and Saudi strike Iran's allies in Iraq

Iran rejected an Omani proposal to jointly manage the Strait of Hormuz.

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Sherwin-Williams raises profit forecast, expects higher prices to drive growth

Sherwin-Williams raised its annual profit forecast on Tuesday, betting on gains from price hikes even as the paintmaker grapples ​with muted demand across most end-markets.

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Boeing posts larger-than-expected Q2 loss as Air Force One costs rise

Boeing on Tuesday reported a larger-than-expected quarterly loss after taking a $280 million charge on its troubled ​Air Force One replacement program, but generated positive free cash flow ‌as its tu...

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Coca-Cola hails World Cup hydration breaks as it lifts annual forecasts

While many fans complained ‌about World Cup hydration breaks slowing the pace of soccer games, top sponsor Coca-Cola said it was pleased with the boost to sales for its energy drinks that drove strong...

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Royal Caribbean trims revenue forecast on booking hit from geopolitical tensions

Royal Caribbean cut its annual revenue forecast on Tuesday, warning ​that prolonged geopolitical tensions were weighing on bookings for some ‌sailings.

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Corning falls 16% after forecasting weaker-than-expected Q3 sales

Corning on Tuesday forecast third-quarter sales that fell slightly short of Wall Street expectations after reporting slower growth in its ​key fiber optics unit, sending its shares down more ‌than 16%...

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Bar to Fed rate hike this week remains high even as markets see a chance

The bar for a Federal Reserve interest rate hike this week is likely higher than reflected in rate futures markets, not only due to cooler-than-expected inflation data and another lull in hostilities ...

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Oman presents Iran with Gulf-backed plan for voluntary fees to use Hormuz

Oman has presented Iran with a plan backed by Gulf states to manage the Strait of Hormuz, including collecting voluntary fees for using it, ​a Gulf source and a Western diplomat told Reuters on Tuesda...

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