Siemens Lifts Smart Infrastructure Outlook After Data Center Demand Boosts Profit, Orders
The division produces electrical and grid equipment and won a number of large contracts from the U.S. and Europe as companies race to build artificial intelligence infrastructure.
----
Arms Maker Rheinmetall Trims Sales Guidance After Germany Scraps Frigate Project
The company expects annual sales between $15.83 billion and $16.41 billion, guidance which remains above what it reported last year.
----
Commerzbank CEO Calls For Dialogue With UniCredit
Bettina Orlopp appealed for constructive dialogue with UniCredit after the Italian bank achieved a near majority stake in its German rival.
----
Airlines Push Back Against ICE Enforcement at Airports
Federal agents are using flight manifests to arrest travelers with lapsed visas, drawing objections over safety and protocol.
----
Meta Releases Coding Agent to Compete With OpenAI and Anthropic
The company, pressed by investors to generate revenue from AI, says its offering will cost less than popular alternatives.
----
Deutsche Telekom Lifts Buyback by Up to $3.5 Billion, Raises Guidance for Key Metric Again
The telecommunications company raised its full-year buyback program after posting higher revenue in the second quarter.
----
Prosecutors Probed Whistleblower Claims That JPMorgan Mishandled Fraud Cases
A former executive alleged JPMorgan improperly denied reimbursements of more than $100 million to customers who were victims of financial scams.
----
FDA Approves First mRNA Flu Vaccine in Win for Moderna After Arduous Review
The decision caps a seven-month process that included a rare refusal to consider the shot.
----
News Corp Revenue Rises, With Growth Across All Segments
Digital-only subscriptions to The Wall Street Journal averaged nearly 4.5 million in the quarter, compared with 4.33 million in the prior quarter.
----
Motorola Solutions Lifts Outlook as Profit, Revenue Gain
The Chicago-based company said it now expects full-year adjusted earnings between $17.62 and $17.72 a share on revenue of about $12.98 billion.
----
EBay Lifts Outlook as Depop Acquisition Closes, Revenue Rises
The online marketplace reported higher revenue of $3.13 billion, and now expects gross merchandise volume to grow between 11.5% and 12.5% in 2026.
----
Etsy to Cut 12% of Workforce as CEO Focuses on Core Marketplace
The cuts weren't driven by cost-cutting initiatives or artificial intelligence, Chief Executive Kruti Goyal said.
----
Sandisk Revenue Soars on AI Data Storage Demand
The company posted a higher net income of $6.9 billion as the artificial-intelligence buildout continued to fuel demand for data storage.
----
Western Digital Profit Surges as Revenue Grows
Western Digital reported a more than elevenfold increase in its fourth-quarter profit, driven by continued strong demand for its memory technology.
----
Expedia Raises Revenue View on Higher Profit, Revenue
The online travel agency said it now expects annual revenue to be $16.05 billion to $16.22 billion, up from a previous range of $15.6 billion to $16.0 billion.