SAP Tweaks Guidance After 2Q Sales, Profit Boost
Software company said results driven by strong growth at its core cloud business.
Glencore Backs Full-Year Views
Glencore reiterated its production and financial guidance for 2023 after it said its copper, coal and zinc assets performed in line with expectations in the first half of the year.
Elon Musk’s Starlink Wins License to Expand to Malaysia
Malaysia has issued Starlink, the satellite-internet company of Elon Musk’s SpaceX, a license to provide internet services.
Sergey Brin Is Back in the Trenches at Google
Co-founder is working alongside AI researchers at tech giant’s headquarters, aiding efforts to build the powerful Gemini system.
Trucker Yellow Is Losing Customers as Teamsters Strike Looms
The diversions and threatened labor action add new peril to a debt-saddled company that is burning cash.
Trump’s Truth Social merger partner settles fraud charges with SEC over misleading investors
Regulators say Digital World Acquisition Corporation was created to buy Trump’s media company but didn’t disclose that to investors
AMC Drops Plan to Charge More for Better Seats
AMC Entertainment is ending a plan that adjusted ticket prices based on where viewers sat after a lackluster response from moviegoers.
Tornado Damages Key Pfizer Drugmaking Plant
The plant in Rocky Mount, N.C., produces a quarter of the sterile injectable medicines used by U.S. hospitals.
CSX shares drop as falling coal, fuel prices hit sales
CSX Corp. shares fell after hours on Thursday after the railroad operator reported second-quarter sales that missed expectations.
Goldman Sachs’s stock powers into positive territory for 2023 as analysts look past mixed Q2
Goldman’s stock is up 2.7% on Thursday for its fourth straight day of gains, while showing a 1.9% rise for 2023 after being negative for much of the year.
Source: Dow Jones Newswires