Applied Materials Profit Rises on Soaring AI Computing Demand
The semiconductor-equipment maker posted a profit of $2.03 billion, or $2.54 a share, in the quarter ended in January, compared with $1.19 billion, or $1.45 a share, a year earlier.
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Airbnb Logs Mixed Fourth Quarter Amid Ambitious Investment Plans
The vacation rental company posted higher revenue but lower profit, as investments in new business drive up expenses.
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Coinbase Swings to a Loss Amid Crypto Meltdown
The biggest U.S. crypto exchange reported a 22% drop in revenue for the fourth quarter, when prices of bitcoin and other digital assets fell sharply.
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Expedia's B2B Business Drives 11% Sales Growth in Fourth Quarter
The company's business-to-business division is bringing in more revenue as more corporate travel customers, airlines and banks turn to Expedia for technology, inventory and tools to power their own booking platforms.
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Instacart Profit Falls Following $60 Million Settlement With FTC
The food-delivery platform, also known as Maplebear, posted net income of $81 million, or 30 cents a share, down from $148 million, or 53 cents a share, from the same period a year earlier.
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Anthropic Is Now Worth $380 Billion. Software's Pain Is AI's Gain
AI leaders Anthropic, OpenAI, and SpaceX just keep getting bigger, threatening to crowd out all the other companies that want to go public.
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DraftKings Shares Lofty Prediction Markets Goals in 2026 Outlook
The online sports betting operator reported a 43% jump in sales during the fourth quarter and shared ambitious investment plans for its prediction markets platform.
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FTC Warns Apple of Potential Federal Law Violation Regarding Apple News
The letter from FTC Chairman Andrew Ferguson cited reports that Apple News promoted news articles from left-wing news outlets and suppressed news articles from more conservative publications.
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L'Oreal Bullish on Outshining Rivals in Attractive Beauty Market
The French cosmetics giant said it is confident of netting further gains in revenue and earnings as it looks to strengthen its dominant position in the beauty market.
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Wynn Resorts Logs Mixed Fourth Quarter on Macau Strength, Las Vegas Challenges
The gaming and hospitality operator posted a profit of $100 million as sales rose at its Macau proprieties but declined at its Las Vegas and Boston operations.
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CarMax Taps Hotel Veteran to Lead Turnaround
Keith Barr, former chief executive of IHG Hotels & Resorts, will take the helm of the used-car retailer in March.
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Restaurant Brands Slows Burger King Remodeling Program as Costs Stay Elevated
Restaurant Brands International is slowing the pace of its Burger King remodeling program as higher construction and materials costs force the company to push out its timeline for modernizing its locations.
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FedEx Targets Higher Revenue in Fiscal 2029
FedEx guided for higher annual revenue in fiscal 2029 as it prioritizes its higher-margin businesses.
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Nuveen to Buy U.K. Asset Manager Schroders for $13.5 Billion
The deal is the latest between active money managers trying to keep up with passive investment giants like BlackRock.
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Bombardier Sees More Deliveries, Stronger Revenue in 2026
Bombardier expects more jet deliveries to push revenue past $10 billion in 2026, extending its post-turnaround momentum after a strong fourth quarter.
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Unilever Sales Growth Picks Up Despite U.S. Slowdown
The company said net profit rose to €9.47 billion in 2025, up from €5.7 billion the year prior, as it continues to reshape the business.
(END) Dow Jones Newswires
February 12, 2026 17:00 ET (22:00 GMT)
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