Dow Jones Top Company Headlines at 7 PM ET: Palantir Surges on First $1 Billion Revenue Quarter | Hims ...

Dow Jones
08/05

Palantir Surges on First $1 Billion Revenue Quarter

Total revenue grew 48%, reflecting frenetic investment by corporations and militaries in AI tools.

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Hims & Hers Health Reports Higher Profit, Revenue

The telehealth-consultation platform posted an increase in profit and revenue for the second quarter on growth in subscribers using personalized treatment plans.

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Vertex Stock Falls After Pain-Drug Setback, Despite Stronger Earnings

The biotechnology company's stock fell in post-market trading, after saying it would not progress a next-generation pain treatment into advanced testing.

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Kyndryl Posts Higher Profit as Businesses Keep Spending on Tech

Kyndryl reaffirmed its full-year outlook and said its latest results keep it on track to meet long-term targets.

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Denny's Posts Lower Same-Store Sales As Consumer Sentiment Cools

The diner chain posted earnings below Wall Street's expectations and a decline in same-store sales amid continued worries about U.S. consumer spending.

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Elon Musk Gets $23.7 Billion Stock Award From Tesla to Stay Focused

The EV maker's board granted 96 million shares of restricted stock to its CEO after a judge struck down earlier pay packages.

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Chicken Saves Tyson Foods From Surging Beef Costs

Tyson Foods lifted its sales guidance for the fiscal year after driving past revenue expectations for the third quarter with higher prices and largely stable volumes.

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ON Semiconductor Results Show Stabilizing End Markets

ON Semiconductor posted lower profit and revenue in the second quarter, but the results stayed roughly in line with Wall Street expectations.

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Joby Aviation Aims for Commercial Flights with Deal for Blade Air's Passenger Unit

Joby Aviation agreed to acquire Blade Air Mobility's passenger division for up to $125 million, adding to its commercial passenger aircraft endeavors.

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Harley-Davidson Names Topgolf Leader as New CEO

Departing CEO Jochen Zeitz recently survived an activist challenge. The transition to the new leadership will take effect Oct. 1.

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Boeing Defense Workers Go on Strike

The union representing about 3,200 St. Louis-area workers rejected the company's latest contract offer.

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Amphenol Strikes Big Broadband Deal in AI Boom

The maker of interconnect products is buying CommScope's broadband connectivity and cable unit.

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American Eagle Pops on Trump's Support of Sydney Sweeney Ad

American Eagle stock jumped nearly 13%, putting shares on pace for their highest close since May 13.

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Berkshire's Quarterly Earnings Drop on Insurance Results, Currency Moves

Warren Buffett's conglomerate continued to stockpile cash and refrain from buybacks during the market's climb to records and was a net seller of stocks.

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Foxconn Looks to Build AI Servers at Former Lordstown EV Factory

The Taiwanese company plans to work with partners to convert the factory into a plant making cloud computing hardware for AI applications.

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Wayfair Swings to Profit on Higher Sales

Wayfair swung to an unexpected profit of $15 million in the second quarter as revenue rose, despite a drop in active users.

 

(END) Dow Jones Newswires

August 04, 2025 19:00 ET (23:00 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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