Nvidia Reports Blowout Quarter, Says Demand for AI Chips Is Getting Even Hotter

The chips giant reported record sales of $96.2 billion and said demand is accelerating, soothing market jitters over AI spending.

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Salesforce Profit, Revenue Rise, Expands Partnership with Anthropic's Claude

The results prompted the enterprise software company to bump up its full-year sales and profit forecasts, factoring in a boost in organic growth as well as acquisitions it expects to close this quarter.

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HP Revenue Rises as Higher Prices Offset Fewer PC Sales

The printer and computer maker reported a profit of $661 million, or 71 cents a share, down from $763 million, or 80 cents a share, a year earlier.

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Meta Reaches $18 Billion Settlement With 48 States Over Child-Safety Claims

The deal contains broad new safeguards for underage users but only pays out in full if TikTok and YouTube make similar concessions.

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Google Moves AI-Responsibility Team Out of DeepMind Lab in Latest Shake-Up

Researchers have raised concerns about the change's effect on their independence and ability to detect threats from newest models.

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Okta Lifts Full-Year Outlook as AI Agents Spur Demand

The identity management and security company now expects full-year revenue of $3.22 billion to $3.23 billion, up from its prior view of $3.19 billion and $3.21 billion.

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Urban Outfitters Sales Rise as Free People Strength Continues

The apparel retailer's sales rose 10% to $1.66 billion in the second quarter.

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Deep Cogito Aims to Put Companies in Control of Their Own AI

The startup founded by former Google AI search employees raised $43 million to help companies build their own specialized AI models.

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The Latest Viral AI Assistant Rocketing Across Silicon Valley

The buzzy startup Instinct, which is fundraising at a $2.5 billion valuation, promises to handle emails and more, but some early users raised privacy concerns.

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Williams-Sonoma Gets Squeezed by a Surprising Headwind

The stock fell even though the home specialty retailer scored an earnings beat.

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Vanguard Buys Wealth Management Platform Altruist in $4 Billion Deal

The world's second-biggest investment firm is making a bigger push into financial advice.

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J.M. Smucker Lifts Outlook, Swings to Profit as Sales Climb

The owner of Jif peanut butter and Folgers coffee said it now expects net sales to decline 1% to 2% in its fiscal 2027, compared with a prior forecast for net sales to decline 3% to 4%.

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Kohl's Says Lower-Earning Shoppers Are Feeling Pinched

The department-store chain recorded lower sales and profit in the second quarter. Low-and middle-income consumers in particular are pulling back on spending, a trend Kohl's executives said is likely to continue through the rest of the year.

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Boston Scientific Stock Price Drops After Cyberattack Triggers Global Outage

The medical-device maker said order processing and shipping have been disrupted.

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Bath & Body Works Is Still Cautious Despite Signs of Turnaround

The soaps and fragrances retailer logged higher profit in the quarter after its digital business returned to growth for the first time in five years.