Cadence Design Systems Boosts Outlook Amid Increasing AI Demand
The software and electronics company also reported higher second-quarter revenue, sending shares higher in after-hours trading.
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Tesla, Samsung Sign $16.5 Billion Deal to Make AI Chips
The chips will be designed for AI data centers, autonomous driving and robots. Shares in the South Korean tech giant surged.
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Warner Bros. Discovery Sets Leadership for Post-Split Companies
The company will split into Warner Bros. and Discovery Global.
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Figma's Hot IPO Is This Week. Adobe Is Still Alive and Kickin'.
The software design rivals were ready to merge a couple of years ago, until regulators got in the way. Adobe is still a solid stock.
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Firefly Aerospace Sets IPO Terms That Could Push Market Cap Above $5.5 Billion
Firefly Aerospace unveiled terms of a planned initial public offering that could give the space and defense technology company a market capitalization topping $5.5 billion.
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Heineken Expects Flat Sales Volumes After Hit From Europe Retailer Disputes
Pricing disputes with retailers in Europe held back beer sales in the second quarter by the world's second-largest brewer.
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Audi Cuts Guidance as Tariffs and Restructuring Hit Earnings
U.S. tariffs, restructuring costs and weak market trends have weighed on sales and profitability at the automaker.
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Ray-Ban Maker EssilorLuxottica Posts Sales Growth Amid AI Push
The Franco-Italian eyewear group reported higher sales for the first half, buoyed by the success of its products featuring AI.
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Venture Global Closes $15 Billion Financing for Gas Exports to Europe
Financing is secured for the first phase of a project that will feed the flow of U.S. natural-gas exports to Europe.
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Fintech Billionaire Beats Co-Founder in Fight to Keep Voting Superpowers
Shareholders in Wise, a rare U.K. tech success, voted in favor of moving its main stock listing to New York and extending dual-class shares by a decade.
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Boeing Stock Rises After Union Rejects Contract Offer. A Strike Could Happen in a Week.
Boeing is facing another labor strike just months after resolving a contract dispute with workers in the Pacific Northwest. This stoppage could impact the defense business.
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EU Warns Temu on Safety of Products Sold on Its Platform
Officials said there is a high risk of consumers finding unsafe products on the e-commerce platform and that the company might be in breach of EU law.
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Tariffs Delayed the Fall Fashion Line at Upscale Brand Vince. It Wasn't All Bad.
Vince's spring clothing lingered longer than normal, but shoppers kept buying.
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Carlyle Group Names Co-Presidents, Next Finance Chief
The private-equity firm said John Redett, CFO and head of corporate strategy; Mark Jenkins, head of global credit; and Jeff Nedelman, global head of client business, will become co-presidents.
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Singapore Airlines Profit Slumps as Passenger Yields, Inflation Weigh
The city-state's flag carrier reported a 59% profit drop in its first quarter.
(END) Dow Jones Newswires
July 28, 2025 17:00 ET (21:00 GMT)
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