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Texas Instruments and ServiceNow both report earnings on the same day after weeks of steep selloffs, and Wall Street is quietly stacking its chips heavily toward one of them while the other faces a very different kind of pressure.
Halliburton stock declines after the oilfield services company posts slightly better-than-expected earnings but sees the war in the Middle East take its toll on business.
Micron stock and SK Hynix were rising ahead of Big Tech earnings but there is a risk that big customers will look to sidestep soaring memory costs.
Investing.com -- Halliburton Company (NYSE:HAL) reported second-quarter earnings before the open on Tuesday, with its shares declining premarket despite the company topping consensus expectations.
Automaker beats forecasts but shares move lowerGeneral Motors Co. (NYSE:GM) reported stronger-than-expected second-quarter results on Tuesday, surpassing Wall Street forecasts for both earnings and revenue while increasing its financial guidance for the second time this year.
As strange as it sounds. Tesla’s earnings aren’t that important on its second-quarter earnings report. Come to think of it, that isn’t that strange for Elon Musk’s EV maker.
The company recently announced some weaker-than-expected earnings and hinted at more potential trouble ahead.
Strong quarterly performance lifts guidance3M Co. (NYSE:MMM) delivered better-than-expected second-quarter results on Tuesday, beating Wall Street forecasts for both earnings and revenue while raising its financial outlook for the remainder of 2026.
GM posted adjusted EPS of $3.57 in the second quarter, topping expectations, and lifted its full-year adjusted profit target to $14–$16 billion
Block is set to report Q2 earnings next month, and analysts expect its EPS to dip by double digits.
A federal judge just froze David Ellison's dream of owning Hollywood's biggest studio, and the financial guarantee holding the deal together belongs to his father, whose personal fortune has been in freefall for months.
Investing.com -- General Motors Co. (NYSE: GM) reported its second-quarter earnings before the open on Tuesday, topping consensus expectations.
Qualcomm shares have fallen over 30% since May despite a bullish Investor Day pivot toward data centers, with the July 29 earnings report seen as key to resolving the analyst divide.
<body><p>STORY: From Anthropic's class action settlement to the world AI conference in Shanghai... This is Tech Weekly.</p><p>:: Tech Weekly</p><p>A federal judge has approved Anthropic's $1.5 billion class action settlement...</p><p>the largest known in a U.S. copyright case.</p><p>A group of writers sued Anthropic in 2024, arguing that the company used pirated versions of their books without permission to train its Claude AI model.</p><p>The lawsuit is one of dozens brought by copyright owners against tech companies over the training of large language models.</p><p>Tennessee state has claimed Instagram's design is to blame for a youth mental-health crisis.</p><p>Meta Platforms went to court on Monday – one of several trials in the coming weeks...</p><p>on allegations that the company's social media platforms were intentionally built to be addictive.</p><p>The lawsuit claims Meta failed to disclose extensive internal research..</p><p>showing Instagram could harm teens.</p><p>A Meta spokesperson previously said in a statement that the company already has built-in controls to protect teens.</p><p>Ongoing conflicts shaped discussions at the Farnborough Airshow, one of the world's largest aerospace and defense gatherings.</p><p>The show brings together hundreds of companies across commercial aviation, propulsion and military technology...</p><p>from unmanned fighter jets and hypersonic missiles to spy satellites and AI-enabled weapons systems.</p><p>Defense companies made up half of a record 1,600 exhibitors at this year's show.</p><p>Apple overtook Nvidia to become the world's most valuable company...</p><p>reshuffling the top ranks of tech giants as investors reassess the outlook for AI.</p><p>The shift in the pecking order illustrates how investors are looking beyond the most obvious beneficiaries of the AI boom, such as Nvidia.</p><p>The 2026 World Artificial Intelligence Conference kicked off in Shanghai...</p><p>showcasing the shifting AI landscape with Chinese open-weight AI models making rapid gains against systems from U.S. companies such as OpenAI and Anthropic.</p><p>Huawei's Atlas 950 SuperPoD large-scale AI computing system made its public debut...</p><p>demonstrating China's efforts to produce tech without U.S. giant Nvidia's most advanced chips. </p><p>Li Tianyi was an exhibitor at the show.</p><p>"We work in AI applications, which are more on the software side. As far as foundation models are concerned, I think we're still slightly behind. But it's not a gap that can't be closed. At least after visiting the exhibition today, I feel confident that we can catch up with the U.S. in terms of foundation model capabilities within a relatively short period. Perhaps three to five years."</p><p>An entire hall of humanoid companies also showcased robots dancing, weight lifting and looking eerily human like. </p></body>
Investing.com -- Shares in 3M jumped after the industrial conglomerate reported second-quarter earnings that topped Wall Street expectations and raised its full-year profit guidance.
Find insight on Novartis, ResMed and more in the latest Market Talks covering the health care sector.
Gen Digital is set to report Q1 earnings next month, with analysts expecting double-digit EPS growth.
Tesla stock tumbled early Thursday after the EV maker reported mixed second quarter results that missed Wall Street expectations. However, its cash burn rate was less than expected. Investors may be looking for more on its physical AI build-outs.
Tesla reported mixed second quarter results that beat Wall Street expectations after the closing bell on Wednesday. But its cash burn rate was less than expected. Investors may be looking for more on its physical AI build-outs.
Tesla will report second quarter results after the closing bell on Wednesday. For the first time in a long while, the car business is not the problem, but increased cash burn could be.
Mobileye Global will supply Stellantis with cloud-driven advanced driver-assistance technology, the Israeli company said on Tuesday, as automakers race to meet rising demand for connected safety systems. The companies said select models from Stellantis, the parent of Jeep and Chrysler, will integrate Mobileye's Road Experience Management technology from 2027, using crowdsourced road data to improve lane keeping and hands-free driving. ADAS has become one of the auto industry's fastest-growing technologies as carmakers race to offer increasingly sophisticated safety and convenience features and generate higher-margin software revenue.
GM reported its pre-tax profits for Q2 rose, but its net income was hit due to special charges related to EVs. CEO Barra said GM is on a good path.
General Motors reported better-than-expected second-quarter earnings on Tuesday. For the quarter, GM announced an adjusted operating profit of $3.9 billion from sales of $48 billion. Wall Street was looking for $3.7 billion and $47 billion, respectively.
Charles Schwab earnings for the second quarter are due early Tuesday, with Interactive Brokers following after the close. SCHW stock popped near a buy point on Monday. Both Charles Schwab (SCHW) and Interactive Brokers (IBKR) shared activity data showing huge growth in May and June. But their conversion of trading volumes into interest income and profit growth is under watch....
Google will report its second quarter earnings after the bell on Wednesday.
Investing.com -- Boeing has requested the U.S. government to push the European Union for details about a €3 billion ($3.43 billion) loan package to Airbus, according to a Reuters report Tuesday. The move brings back potential trade tensions after the two sides extended a tariff truce over jet subsidies.
ConocoPhillips is expected to unveil its second-quarter results next month, and analysts are projecting a triple-digit rise in profit.
Federal judge pauses merger pending antitrust reviewThe proposed merger between Paramount Skydance (NASDAQ:PSKY) and Warner Bros. Discovery (NASDAQ:WBD) has encountered a significant legal hurdle after a US federal judge temporarily halted the transaction, casting uncertainty over a deal valued at approximately $100 billion.
Trump threatens 50% tariffs on Canada, Paramount's Warner Bros deal hits pause, and more news to start your day.
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