Walmart Further Shuffles Top Executives
Kieran Shanahan, chief operating officer for Walmart U.S., will leave this week.
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SpaceX in Talks to Provide Computing Power for Pentagon's AI Push
Elon Musk's company would provide billions of dollars' worth of data-center capacity under the arrangement, people familiar with the matter said.
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Nvidia, Challenged by Apple, Narrowly Retains Wall Street's Crown
The iPhone maker briefly became the U.S.'s most valuable publicly traded company on Friday.
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China's Moonshot AI Releases Model to Challenge Top U.S. Systems
The company says its model outperforms some cutting-edge U.S. systems, the latest sign that Chinese labs can rival American counterparts.
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Taylor Farms Is Recalling Its Mexican-Grown Iceberg Lettuce From U.S.
U.S. authorities have linked the lettuce to a parasitic outbreak across more than 30 states.
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Travelers Scored an Earnings Beat. Were the Downgrades All Wrong?
The insurer defied Wall Street's expectations, posting adjusted per-share earnings that were nearly double of what analysts projected.
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Fifth Third Profit Boosted by Comerica Acquisition
The Fifth Third Bank parent posted a profit of $763 million, or 83 cents a share, in the second quarter.
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Truist Financial Earnings Beat Estimates but Eyes Are on Bank's Next Chapter
Truist Financial delivered strong second-quarter earnings Friday, but investors may be more focused on what the leadership transition to incoming CEO Michael Lyons could mean for the bank's strategy.
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GSK Shares Slide After Drugmaker Drops Chronic Cough Treatment
GSK shares fell after the U.K. drugmaker said it would stop working on an experimental treatment for chronic cough after mixed results showed limited efficacy in late-stage clinical studies.
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Volvo Car Expects Sales to Strengthen on European Growth, U.S. Recovery
Volvo Car expects growth in Europe and a recovery in the U.S. to spur significantly stronger sales in the second half of the year, despite continued challenges in China.
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Meta Plans to Hire Top Amazon Computing Executive as It Weighs Cloud Push
Dave Brown, one of the most senior executives at Amazon Web Services, will bring his nearly two decades of experience to the social-media giant.
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Burberry Reports Sales Growth as It Moves Forward With Turnaround Plan
Burberry posted flat sales growth for its first quarter, but noted that it saw growth across divisions for the first time in three years.
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Verizon to Cut About 3,000 Jobs, Divest Itself of Some Retail Stores
The company plans to divest itself of 274 of its retail stores to franchise owners. Most of Verizon's layoffs would come from the retail-store divestiture.
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Databricks Set to Hit $188 Billion Valuation With New Investment From Coatue
The startup's valuation jumps 40% as the AI boom has driven demand for its data-analytics software.
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Sweden's EQT Expects Strong Fundraising Momentum as It Posts Higher Net Profit
The buyout group reported rises in net profit and revenue for the first half aided by higher fee-generating assets.
(END) Dow Jones Newswires
July 17, 2026 19:00 ET (23:00 GMT)
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