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Paramount Skydance reports mixed second-quarter results
Reuters15d agoneutral
Paramount Skydance reports mixed second-quarter results

Paramount Skydance reported mixed second-quarter results on Tuesday, with higher streaming and studio revenue offsetting declines in television, as the company works to close its ‌planned $110 billion acquisition of Warner Bros. Discovery. Ellison reiterated that ​he fully expects "the transaction to close."

Lucid Q2 results: Losses widen as automaker launches 'operational reset'
Yahoo Finance15d agoneutral
Lucid Q2 results: Losses widen as automaker launches 'operational reset'

Lucid reported second-quarter results on Tuesday that beat revenue expectations but losses ran wider than expected, as the struggling luxury EV maker unveiled an "operational reset" aimed at slashing cash burn, and stabilizing a business that recently had to publicly deny it was heading for bankruptcy.

Apollo Global Management Q2 Earnings Call Highlights
MarketBeat15d agoneutral
Apollo Global Management Q2 Earnings Call Highlights

Apollo Global Management (NYSE:APO) reported record second-quarter fee-related earnings and spread-related earnings, citing momentum in origination, capital formation and investment performance across its asset management and retirement services businesses. The alternative asset manager generated f

Aptiv Q2 Earnings Call Highlights
MarketBeat15d agoneutral
Aptiv Q2 Earnings Call Highlights

Aptiv (NYSE:APTV) reported second-quarter results that included 2% adjusted revenue growth and 10 basis points of adjusted EBITDA margin expansion, while lowering its full-year outlook amid weaker automotive production schedules in China and delayed program launches. Chair and CEO Kevin Clark said

Albany International Q2 Earnings Call Highlights
MarketBeat15d agoneutral
Albany International Q2 Earnings Call Highlights

Albany International (NYSE:AIN) reported second-quarter revenue growth and its strongest adjusted EBITDA performance in two years, driven by higher production rates in its Engineered Composites business, while Machine Clothing faced mixed regional demand and equipment-related downtime. Total second

Amazon loses US court ban on Perplexity's AI shopping tools
Reuters15d agoneutral
Amazon loses US court ban on Perplexity's AI shopping tools

A U.S. appeals court on Tuesday overturned a ruling that had temporarily barred Perplexity from using its AI-powered agentic shopping tools on ‌Amazon's platform. In a novel legal dispute, the San Francisco-based 9th U.S. Circuit Court ‌of Appeals determined that Amazon was unlikely to succeed on its claim that Perplexity's AI agents violated a federal ​computer-hacking law. The ruling is the first by a federal appeals court to address whether AI agents acting on behalf of users can legally access online platforms, a question with broad implications for the fast-growing field of agentic AI tools that can browse, shop and transact across the web.

Antitrust Trial Over Paramount-Warner Merger Set for March
The Wall Street Journal15d agoneutral
Antitrust Trial Over Paramount-Warner Merger Set for March

A California federal judge said Tuesday that the antitrust trial will begin March 2 with an expectation that it will run for 12 court days. The timeline the judge laid out in a written order is much later than the November 2026 start date Paramount had sought. The order will prove costly for Paramount.

Wayfair Sees Momentum as Stores, High-End Goods Draw Consumers
Bloomberg15d agoneutralVIDEO
Wayfair Sees Momentum as Stores, High-End Goods Draw Consumers

Kate Gulliver, CFO at Wayfair, said that the momentum the furniture company is seeing is the result of initiatives building up over time as Wayfair tries to improve the customer experience. Gulliver also discussed what kind of consumers are buying from Wayfair. She said that the company is seeing momentum from the higher-end consumer with the inclusion of a premium brand 'Perigold' and is drawing in new customers with brick-and-mortar stores.

New Jersey Sues Amazon, Alleging Delivery Network Illegally Suppresses Wages
The Wall Street Journal15d agoneutral
New Jersey Sues Amazon, Alleging Delivery Network Illegally Suppresses Wages

The lawsuit alleges Amazon violated federal and state antitrust laws through its Delivery Service Partner program, arguing the company exercises unlawful “monopsony,” or a dominant buyer’s ability to dictate prices and terms-over the small businesses that deliver Amazon packages and the drivers they employ.

Bloomberg15d agoneutral
Samsung Reveals New 3D-Memory Roadmap in Bid for AI Tech Lead

(Bloomberg) -- Samsung Electronics Co. offered a glimpse of its most advanced memory hardware, touting improved performance and power efficiency in a bid to overtake rivals SK Hynix Inc. and Micron Technology Inc. in the race for long-term dominance.Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBevChina’s AI Blitz Creates ‘Death Zone’ for Rival US Model MakersTaco Bell Met With Michigan on Parasite Weeks Before RecallIran Weighs Allowing Europe to Clear Mines in S

SK hynix, Sandisk race to fix AI’s next chip bottleneck
TheStreet15d agoneutral
SK hynix, Sandisk race to fix AI’s next chip bottleneck

Anyone who bought a laptop or built a gaming PC this year already felt memory prices climb. DRAM and NAND flash have gotten steadily more expensive as AI data centers absorb nearly every chip factories can produce, according to a Bloomberg analysis. On August 3, SK hynix and Sandisk released the ...

Viper Energy Q2 Earnings Call Highlights
MarketBeat15d agoneutral
Viper Energy Q2 Earnings Call Highlights

Viper Energy (NASDAQ:VNOM) said steady development activity across its mineral and royalty acreage supported second-quarter execution and prompted the company to initiate third-quarter average production guidance implying roughly 4.5% growth from the second quarter. Chief Executive Officer Kaes Van

Wix.com Q2 Earnings Call Highlights
MarketBeat15d agoneutral
Wix.com Q2 Earnings Call Highlights

Wix.com (NASDAQ:WIX) reported second-quarter 2026 bookings growth of 12% year over year and revenue growth of 15%, driven by continued growth in its core business and strong demand for Base44, its AI-powered application creation platform. Chief Executive Officer and Co-Founder Avishai Abrahami said