News Highlights: Top Company News of the Day - Friday at 11 AM ET

Dow Jones07-26
 
CrowdStrike Says 97% of Systems Hit by Outage Are Back Online 
 

The CEO said the company still has more work to do to address the fallout from last week's tech outage, which disrupted businesses, government agencies and travel.

 
Bristol Myers Squibb results beat expectations as newer drugs deliver growth 
 

Bristol Myers Squibb Co. on Friday reported second-quarter results that topped analysts' estimates as some of the company's newer drugs began to hit their stride.

 
SAP Share Surge Shows Companies' Cloud Strategies Are Alive and Well in AI Boom 
 

Shares of the German software giant hit a record high based on its cloud software sales, even as investors sour on flashier 'Magnificent Seven' group of technology stocks.

 
International Game Technology, Everi Enter $6.3 Billion Tie-Up With Apollo 
 

Apollo Global Management agreed to buy International Game Technology's gaming and digital arm and Everi Holdings in a roughly $6.3 billion deal.

 
Morgan Stanley Moves Forward on Homegrown AI 
 

The financial services company built its second generative AI application in-house in collaboration with OpenAI.

 
Colgate Stock Is Rising After Earnings. Here's Why. 
 

The consumer products company reports second-quarter adjusted earnings of 91 cents a share, beating Wall Street estimates of 87 cents.

 
The New Threat to the Chip Industry: Worker Unrest 
 

With the industry growing in importance and investment pouring in, workers are demanding greater pay and benefits.

 
Why Charter's stock is flirting with its best day ever after earnings 
 

Charter lost fewer internet subscribers than expected in the second quarter, though subscriber losses in the video business were steeper than what analysts were modeling

 
Brazil Sees Elon Musk's Starlink as a Political Threat 
 

Starlink is growing fast in the country's Amazon and farming regions, bastions of support for former President Jair Bolsonaro.

 
Apple's iPhone Lost More Ground in China in Second Quarter 
 

Apple's performance in China's smartphone market weakened further in the second quarter, hurt by rising popularity of local brands.

 
 

(END) Dow Jones Newswires

July 26, 2024 11:00 ET (15:00 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment