Figma Shares Jump Over 200% in Stock-Market Debut

The software company's splashy offering adds fuel to an IPO comeback already under way.

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Microsoft Just Became the World's Second $4 Trillion Company

The company crossed the market-cap milestone after its earnings report showed strong growth in its cloud-computing services, bolstered by demand for its AI offerings.

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Universal Music Logs Higher Revenue on Healthy Subscriptions and Streaming Growth

The record label posted higher revenue for the second quarter, lifted by better-than-expected growth from subscriptions and streaming services.

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Comcast Posts Revenue Growth, With Theme Park and Xfinity Mobile Gains

Peacock subscriptions remained flat from the prior quarter at 41 million and video subscription losses slowed.

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CVS Shows Signs of Recovery, Beats Wall Street Expectations

The healthcare giant's results underscore a split among insurers between those that are struggling and those that are beginning to revive.

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Mastercard Profit Climbs on Revenue Gains From Spending, Services

Mastercard said more consumer spending in its payment network translated to higher revenue and earnings in the second quarter.

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OpenAI Strikes Partnership to Bring Stargate to Europe

OpenAI is joining forces with two European companies to set up a data center in Norway, the ChatGPT maker's first project of this kind on the continent as it seeks to expand artificial-intelligence infrastructure outside the U.S.

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Enel Launches $1.14 Billion Share Buyback, Confirms Guidance

The Rome-based energy company said first-half net profit fell 11% because the prior year's results were boosted by proceeds from its disposal plan.

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Pirelli Cuts Revenue Outlook on Currency Headwinds

The Italian tire maker lowered its full-year revenue outlook but reiterated its profitability expectations.

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Aperol Maker Campari Maintains Guidance Despite Tariff Woes

The Italian liquor maker's sales in the first half were in line with analysts' expectations.

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Daimler Truck Cuts Guidance on North America Uncertainty

The German truck and bus maker said it now expects an adjusted operating profit for 2025 of $4.11 billion to $4.68 billion.

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MPLX to Buy Northwind Midstream for $2.38 Billion

The midstream energy-and-logistics business will gain PE-backed Northwind's portfolio of over 200,000 acres and more than 200 miles of gathering pipelines as part of the deal.

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Canada Goose Sales Defy Consumer Gloom

Canada Goose Holdings Chief Executive Dani Reiss said global demand fueled a surprise revenue beat in its first quarter, and expects demand to remain resilient.

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Shake Shack Stock Plunges Despite Solid Sales and Earnings. Can Fried Pickles Give Shares a Boost?

Pricier burgers have turned some customers away. The chain is launching new products and beefing up marketing in a bid to bring them back.

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Moderna Cuts 10% of Its Staff as Cash Hoard Dwindles

The layoffs come as Moderna's cash position has raised worries on Wall Street that the company may need to raise new capital.

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Kellanova's Profit Falls as Challenges Continue

Kellanova logged lower earnings and largely flat sales in the second quarter, as Chief Executive Steve Cahillane said the company continues to operate in a challenging environment.

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Fox Takes Stake in IndyCar Owner Penske Entertainment

The deal is the latest alliance between a media company and a sports organization.

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KKR Posts Higher Revenue, Increases Assets Under Management

The New York investment firm posted a profit of $472.4 million, compared with $667.9 million a year earlier.

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Roblox Blows Past High Earnings Expectations. The Stock Is Rising Sharply.

Due to the success of Grow A Garden, analysts expect to see 25% annual growth in sales, and even better growth rates in user metrics.

(END) Dow Jones Newswires

July 31, 2025 15:00 ET (19:00 GMT)

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