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T-Mobile customers face new restriction when paying bills
TheStreet22d agoneutral
T-Mobile customers face new restriction when paying bills

T-Mobile is enforcing a new rule that will affect how some customers pay their monthly bills, adding to a series of significant changes the company has implemented in recent weeks. For instance, the wireless carrier retired several older phone plans in June. On July 9, it limited its Keep and ...

Google’s Red-Hot Cloud Growth Drives Second-Quarter Revenue Gains
The Wall Street Journal22d agoneutral
Google’s Red-Hot Cloud Growth Drives Second-Quarter Revenue Gains

Google parent company Alphabet posted 24% revenue growth year-over-year in the second quarter, fueled by its booming cloud business, but the company continued to burn through cash building data centers for artificial-intelligence computing. Alphabet’s sales came in at $119.8 billion, exceeding analyst expectations. Net income for the April-June period was $112.1 billion, also ahead of analyst expectations.

Bloomberg22d agoneutral
Ford and Geely Agree to Share Underused Spanish Auto Factory

(Bloomberg) -- China’s Geely has agreed to take over part of a Ford Motor Co. factory in Spain, according to people familiar with the matter, adding to a string of Chinese investments reshaping the country’s auto industry.Most Read from BloombergTrump’s 100% Generic Drug Duty Threatens US Low-Cost SupplyApple to Launch ‘Upgrade’ Device Leasing Program With Klarna to Spur SalesApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandHegseth Turns to UNC, Virginia Tech After Dropping Ivy Le

IBM (IBM) Matches Q2 Earnings Estimates
Zacks22d agoneutral
IBM (IBM) Matches Q2 Earnings Estimates

IBM (IBM) delivered earnings and revenue surprises of 0.00% and -0.03%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Tesla's 'ChatGPT moment' will be here in the next 5 years: Earnings takeaways
Yahoo Finance Video22d agoneutralVIDEO
Tesla's 'ChatGPT moment' will be here in the next 5 years: Earnings takeaways

Tesla (TSLA) reported second quarter results on Wednesday after the closing bell. Adjusted earnings per share (EPS) came in at $0.33 (compared to analyst estimates of $0.51), and revenue came in at $28.24 billion (compared to analyst estimates of $26.32 billion). ARK Invest director of investment analysis and institutional strategies, Tasha Keeney, shares her thoughts on the earnings results and the company's Robotaxi trajectory.

U.S. Stocks Stall as Oil Extends Gains
The Wall Street Journal22d agoneutral
U.S. Stocks Stall as Oil Extends Gains

U.S. stocks were little changed Wednesday as oil prices extended gains, while investors braced for a wave of major earnings. The S&P 500 slipped 10.24 points, or 0.14%, to 7498.96, while the Nasdaq Composite lost 146.30 points, or 0.57%, to 25690.90. Traffic at the Strait of Hormuz remained at less than 10% of its prewar levels.

European Union gives its greenlight to Paramount and Warner's mega merger with some conditions
Associated Press22d agoneutral
European Union gives its greenlight to Paramount and Warner's mega merger with some conditions

The European Union approved Paramount's $81 billion takeover of Warner Bros. Discovery this week, effectively clearing another regulatory hurdle for a mega merger that could vastly reshape the entertainment and media landscape worldwide. The European Commission — which serves as the EU's antitrust enforcer — said that even with a Paramount-Warner combo, enough competitors would exist across markets like film production and streaming in its 27-nation bloc. To address this, the Commission said Skydance-owned Paramount agreed to end its European Economic Area stake in United International Pictures — a longstanding venture with another major studio, Universal, that Paramount has used to distribute films in theaters outside North America.

Alphabet earnings out: The biggest takeaways for investors
Yahoo Finance Video22d agoneutralVIDEO
Alphabet earnings out: The biggest takeaways for investors

Market Domination Overtime Host Josh Lipton welcomes Senior Business Reporter Brooke DiPalma and Markets and Data Editor Jared Blikre to share breaking news of Alphabet's (GOOGL, GOOG) latest earnings results, highlighting the key numbers and what the report means for the tech giant's outlook.

ServiceNow raises annual subscription revenue forecast again on AI-driven demand
Reuters22d agoneutral
ServiceNow raises annual subscription revenue forecast again on AI-driven demand

ServiceNow on Wednesday raised its forecast for annual subscription revenue for the second time after beating second-quarter revenue ‌and profit estimates, driven by growing demand for its AI-powered software. Shares ‌of ServiceNow rose over 5% in volatile extended trading. The results come as software giants are grappling with concerns of a "SaaSpocalypse" - a term reflecting the gloom around software-as-a-service companies amid growing capabilities of new AI tools provided by startups like OpenAI and Anthropic.