Meta's AI spending spree is Wall Street's focus in second-quarter earnings
Meta investors will be scrutinizing CEO Mark Zuckerberg's AI hiring blitz during the company's second-quarter earnings on Wednesday.
Finance (old posts, page 731)
UPS posts downbeat quarterly results as shifting trade policies weigh
The EU-U.S. trade deal could have one unexpected winner: The UK
The EU-U.S. trade agreement has been met with scepticism as concerns over what it means for the bloc have emerged.
Barclays second-quarter profit beats estimates as investment banking revenues swell
Investors have been watching the performance of the lender's sharpened investment banking unit, which posted income of £3.3 billion the three months to June.
Singapore Airlines shares fall more than 8% after first-quarter profit plunges
Shares of Singapore Airlines fell after the carrier reported a 59% decline in earnings for the first quarter of its 2025/2026 financial year.
China's Laopu Gold shares fall despite forecast of tripling profits
Laopu Gold projects 292% profit surge in first half of 2025 but sees shares dip
Earnings live: Starbucks posts another US sales decline, Novo stock plunges, Big Tech giants on deck
Spirit Airlines to furlough 270 pilots, demote more than 100 others as it prepares to cut flights
Spirit emerged from Chapter 11 bankruptcy in March and has been trying to win over customers with more upscale travel options.
JPMorgan says fintech middlemen like Plaid are 'massively taxing' its systems with unnecessary pings
JPMorgan, the biggest U.S. bank by assets, is preparing to charge fintech middlemen such as Plaid and MX new fees for access to customer data.
Quantum computing firm IonQ hires former JPMorgan Chase applied research head
IonQ is one of the larger examples of pure-play quantum firms. IonQ and competitors including Rigetti and D-Wave have seen their shares surge in the past year.