Hyundai Profit Falls as Weak Auto Demand, Labor Unrest Weigh
Hyundai Motor recorded weaker second-quarter net profit as vehicle sales declined amid cooling global demand, marking the latest setback for South Korea's largest carmaker.
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BNP Paribas Lifts Dividend as Revenue, Profit Beat Estimates
The French bank-Europe's largest by assets-said net profit surged by a third on year, ahead of analysts' estimates provided by the company.
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UniCredit Raises Profit Targets, Expects Further Boost From Commerzbank
UniCredit raised its profit targets for this year and beyond, though net profit for the second quarter was hurt by a one-off hit tied to its offer for Commerzbank.
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SpaceX Supplier STMicroelectronics Lifts AI Data-Center Sales Goal Again
The European chip maker, which also counts Apple and Tesla among its clients, raised its revenue target after having had upgraded its forecast in June.
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TotalEnergies Uses Cash From War-Induced Price Rises to Cut Debt
Continued high oil and gas prices offered a boost to earnings while enabling the company to cut its net debt by $3.3 billion, bringing it down to $19.71 billion.
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Nestle Sells Half of Waters Unit to Platinum Equity For $3.4 Billion as Shakeup Hits Profit
The Swiss company agreed with Platinum Equity to create a joint venture as part of a deal that is expected to close in the first half of 2027.
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Roche Backs Full-Year View as First-Half Sales Rise
The drugmaker's sales grew 6% on a constant exchange rate basis and exceeded analysts' expectations, according to a company compiled consensus.
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Repsol Sets Out Fresh Buyback as Earnings Surge
Repsol has no assets in the Middle East, and so has seen production broadly unaffected by the war this year.
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Google's AI Spending Spree Has Investors Nervous
The cloud division posted an 82% jump as the company's free cash flow turned negative.
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Tesla's $5.8 Billion in Spending Turns Cash Flow Negative Despite Revenue Surge
The electric automaker's shares fell in after-hours trading as earnings missed estimates.
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IBM CEO Says Company Culture Was Too Slow to Change
Arvind Krishna says the enterprise tech giant's mindset still has ties to massive licensing deals of the past.
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CN to Drop Opposition to Union Pacific-Norfolk Southern Deal in Return for Expanded Access
Union Pacific reached a deal with Canadian National Railway to give the Montreal railroad further access in the Midwest in exchange for ending its opposition to Union Pacific's $71.5 billion merger with Norfolk Southern.
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Southwest Cuts Full-Year Outlook as Fuel Expenses Weigh on Second-Quarter Profit
The carrier said it now expects full-year adjusted earnings per share of $3.25 to $4.25, compared with its forecast from January for at least $4.
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ServiceNow Second-Quarter Sales Rise on Higher Contract Values
The company said sales were boosted by strong demand from the U.S. federal government, which accelerated some on-premise subscription revenues.
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CSX Reports Higher Second-Quarter Profit, Sales
The railroad operator's revenue rose 10%, driven by increased fuel surcharge revenue paired with higher volume and pricing across merchandise, intermodal and coal.
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Texas Instruments Posts a Record Quarter. The Stock Is Falling Anyway.
Texas Instruments reports better-than-expected earnings, but investors' reaction could be a warning for other chip stocks in the weeks ahead.
(END) Dow Jones Newswires
July 23, 2026 03:00 ET (07:00 GMT)
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