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By Dawn Kopecki NEW YORK, July 28 (Reuters) - DraftKings, FanDuel and other online sports betting companies have ramped up election spending on the U.S. midterms to at least $72 million so far, the

Trump stood before autoworkers at a GM proving ground and promised his tariffs had revived American manufacturing, but Michigan employment data from the same period tells a sharply different story about who is actually paying the price.

Meta Platforms and the world's largest asset manager BlackRock on Tuesday announced a venture to develop and operate a data center campus ‌in El Paso, Texas, a project that would cost about $14 billion in ‌development. The race to build out AI infrastructure has prompted tech giants to turn to debt sales worth tens ​of billions of dollars or seek external capital from fund managers such as BlackRock due to an unprecedented scale of investment. Meta said BlackRock-managed funds will take an 80% ownership stake in the venture, with Meta retaining the remaining 20%.

(Bloomberg) -- AI’s decimation of call center jobs has begun.Most Read from BloombergNvidia’s $750 Billion in Deals Reignite Circular AI FearsDeepSeek Suspends Fundraising After Viral US-China PostsS&P 500 Wobbles as AI Angst Offsets Oil Decline: Markets WrapCitadel Securities Sees Warsh Delivering Surprise Fed Rate HikeChip Rout Deepens on Circular Funding, China Competition FearsCompanies ranging from the Commonwealth Bank of Australia and Microsoft Corp. to Uber Technologies Inc. and Hyatt Ho

In January, a headhunter from search firm Spencer Stuart started calling restaurant industry executives with a proposition: Would you come to Cracker Barrel as the next CEO? Cracker Barrel’s decision to select a 69-year-old former restaurant executive to lead the chain highlights the emerging practice of boards calling in retired chief executives from the sidelines to help engineer high-profile turnarounds. In recent years, Boeing Verizon Communications and others have all chosen once-retired CEOs.

Wall Street’s forecasts for Big Tech require a major leap of faith: that the biggest AI hyperscalers can boost revenue much faster than the costs of running their businesses. Investors are already on edge about these companies’ soaring capital expenditures related to artificial intelligence. The bullish earnings narrative requires these companies to achieve newfound operating efficiency even as they spend trillions of dollars in capex over the next few years.

Meta’s data-center project priced a $12.5 billion offering with a higher interest rate than a similar deal last year, as AI companies flood the market with new debt.

(Bloomberg) -- Two years ago, Rahul Patel couldn’t sleep.Most Read from BloombergNvidia’s $750 Billion in Deals Reignite Circular AI FearsDeepSeek Suspends Fundraising After Viral US-China PostsS&P 500 Wobbles as AI Angst Offsets Oil Decline: Markets WrapCitadel Securities Sees Warsh Delivering Surprise Fed Rate HikeChip Rout Deepens on Circular Funding, China Competition FearsThe crypto founder who trades his own money spent his nights rotating through internet jokes with billion-dollar market

Accenture will release its fourth-quarter earnings soon, and analysts anticipate a single-digit bottom-line growth.

Aircraft leasing company FTAI Aviation (NASDAQ:FTAI) will be reporting results this Wednesday after market hours. Here’s what investors should know.

Medical device company Boston Scientific (NYSE:BSX) will be reporting earnings this Wednesday morning. Here’s what to expect.

July 28 (Reuters) - Nasdaq futures fell on Tuesday, mirroring a cautious mood across global markets toward AI chip stocks on concerns about hefty corporate spending and rising Chinese competition,

Oilfield services company ProPetro (NYSE:PUMP) will be reporting earnings this Wednesday before market open. Here’s what to expect.

Retail sentiment remains ‘bearish’ on SPY and deteriorated to ‘extremely bearish’ on QQQ, amid growing anxiety around technology stocks.

Coal mining company Peabody Energy (NYSE:BTU) will be announcing earnings results this Wednesday before market hours. Here’s what to look for.

Who's ready for another round of tariffs?

Spoiler: You'd probably rather have that $10,000 back.

China has begun mass producing domestically developed immersion deep-ultraviolet (DUV) lithography machines, a technology crucial to advanced chipmaking, a person familiar with the matter said, marking a key step forward in Beijing's drive to ‌reduce its reliance on foreign technologies. Shanghai Aishengna Electronic Technology Group, a little-known Chinese state-owned company, is leading the production effort ‌after incorporating teams from top Chinese lithography startups, the source said, declining to be named due to the sensitivity of the subject. The development represents a win for Beijing's nationwide ​semiconductor self-sufficiency initiative, one of President Xi Jinping's highest priorities, but will not pose an immediate commercial threat for Dutch supplier ASML.

July 28 (Reuters) - Varun Beverages, PepsiCo's biggest bottling partner in India, posted a 15.5% rise in second-quarter profit on Tuesday, driven by strong volume growth in India and international

Mexican fast-food chain Chipotle (NYSE:CMG) will be announcing earnings results this Wednesday afternoon. Here’s what to look for.

July 28 (Reuters) - India's Swiggy said on Tuesday that it has appointed Nandita Sinha as its quick commerce arm Instamart's chief executive, effective August 3, after Amitesh Kumar Jha resigned.

July 28 (Reuters) - European shares were subdued on Tuesday as a global selloff in technology stocks was balanced by earnings-driven gains in luxury and consumer stocks, with lower oil prices lending

Today Earnings (a.m.): Coca-Cola, UPS, Boeing, Sherwin-Williams, Hilton, Centene, PayPal, S&P Global Earnings (p.m.): Visa, Ford Motor, Mondelez International, Waste Management, PPG Industries, Bloom Energy, Avis Budget, Seagate Technology Economic data: Consumer confidence index, Johnson Redbook retail sales index, U.

Can Chipotle return to meaningful growth?

Digital financial services company SoFi Technologies (NASDAQ:SOFI) will be reporting earnings this Wednesday before the bell. Here’s what investors should know.

The aerospace-industry supplier raised its full-year guidance, citing stronger-than-expected demand for LEAP civil aircraft engines and spare parts.

Electrical connector manufacturer Amphenol (NYSE:APH) will be announcing earnings results this Wednesday before market open. Here’s what to expect.

The loss ran through the accounting. The payout runs on cash.

A decades-long crackdown on Google's business practices in Europe is entering a costly new phase, as the loss of the first case brought against it under new EU legislation opens the door to a wave of private lawsuits demanding up to $10 billion in damages. That has been precipitated by a $1 billion fine, the first under the Digital Markets Act, imposed on the company for favouring its own services and preventing app developers from ​steering users to cheaper options outside its app store Google Play. "I think this will trigger a new wave of litigation," said Thomas Hoppner, a partner at Geradin Partners, which advised German price comparison platform Idealo for market abuse.

F5 Inc (FFIV) reports an 11% increase in total revenue and raises its fiscal year 2026 growth outlook, despite regional challenges and component cost uncertainties.