Google's Red-Hot Cloud Growth Drives Second-Quarter Revenue Gains
The cloud division posted an 82% jump as the company's free cash flow turned negative.
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Tesla's Second-Quarter Revenue Surged Amid $5.8 Billion Spend in AI, Robotics
The electric automaker reported negative free cash flow for the first time in two years.
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IBM Lowers Its Growth Outlook as Sales of Data Center Mainframes Sink 42%
Big Blue's CEO is expected to face questions from Wall Street about the company's direction and leadership.
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Paramount Wins EU Approval for $81 Billion Warner Bros. Deal
Commitment to terminate its stake in European distribution venture with Universal Pictures eased regulators' concerns.
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AMD and Anthropic Sign Major Chips-and-Investment Deal
The 2-gigawatt deal covers tens of billions of dollars' worth of chips, and AMD will invest up to $5 billion in Anthropic.
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Texas Instruments Posts a Record Quarter. The Stock Is Falling Anyway.
Texas Instruments reports better-than-expected earnings. The growth of the chip maker's data-center business could be a signal for the rest of the artificial-intelligence trade.
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Digital Bank Revolut, Europe's Most Valuable Startup, Valued at $115 Billion
The British company agreed to a secondary share sale that boosted its valuation by around 50%.
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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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Nike Reboots Its Troubled China Operations
The sportswear giant will cut off most online third-party vendors selling its products to take more control.
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OpenAI's Planned Cloud Spending Hits $750 Billion as Computing Efforts Ramp Up
The AI giant has committed $20 billion to a new data-center project in Georgia and hired an architect of Elon Musk's computing build-out.
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AT&T Revenue Rises on Growth in Postpaid Phone, Internet Customers
AT&T's second-quarter earnings from continuing operations came in at 66 cents a share, compared with 62 cents a share a year earlier.
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Amazon Cuts Jobs in Artificial General Intelligence Unit
Amazon said it remains committed to investing in AI, describing the layoffs as part of an effort to prioritize the initiatives it believes will have the greatest impact for customers.
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Penske, Mitsui Bid to Take Penske Automotive Private in Near $4 Billion Deal
Penske Corp. paired up with the Japanese investment firm to offer $210 a share to take the auto dealership chain private.
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GE Vernova Boosts 2026 Revenue Target
GE Vernova raised its full-year revenue guidance and lifted its margin expectations after a second-quarter surge in orders boosted its backlog.
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Philip Morris Ramps Spending to Grow Zyn Brand
Philip Morris International is spending more to expand its Zyn portfolio and meet rising demand for the nicotine pouches.
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PulteGroup Profit Falls on Declining Revenue
The home builder posted a profit of $472 million, or $2.48 a share, compared with $608 million, or $3.03 a share, in the same quarter a year earlier.
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Anthropic Doubles Midterm Spending to $40 Million to Push AI Regulation
The move ramps up a conflict between warring factions in Silicon Valley over how to regulate the transformative technology.
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TECfusions Plans to Go Public in $4 Billion SPAC Deal
The Florida-based company, which hosts one of the largest AMD-based AI training clusters in North America, is set to combine with Apex Treasury listed in New York.
(END) Dow Jones Newswires
July 22, 2026 17:00 ET (21:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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