• Apple Crushes Expectations as iPhone Sales Soar
  
  Apple Thursday reported sales and profit that far surpassed expectations, showing that its efforts to re-route its sprawling global supply chain away from U.S. President Donald Trump's trade war have so far succeeded.
• Amazon Projects Quarterly Revenue Above Estimates
  
  Amazon.com forecast current-quarter revenue above market estimates Thursday, encouraged by solid retail business despite pressures from U.S. tariffs on imports, while its cloud computing unit also benefits from strong AI demand.
• Microsoft Valuation Surges to $4T as AI Lifts Stocks
  
  Shares of Microsoft spiked Thursday following blowout quarterly results, lifting the tech giant into the previously unprecedented $4 trillion club along with Nvidia, another artificial intelligence standout.
• China Questions Nvidia Over H20 Chips' 'Safety Risks'
  
  China's cyberspace regulators on Thursday summoned Nvidia over security concerns that its H20 chips can be tracked and turned off remotely, the Cyberspace Administration of China said on its website.In the meeting, Chinese regulators demanded that the U.S. chip company...
• Temu Facing More Heat as Ky. Joins Others in Filing Lawsuit
  
  While more than 100 million U.S. TikTok users languish over the popular social media app's fate, another Chinese-backed company is increasingly drawing fire from states' attorneys general.
• CVS Health Hikes 2025 Forecast Again
  
  CVS Health topped Wall Street expectations for the second quarter and hiked its full-year forecast again, as the health care giant continued to rally under new management from a forgettable 2024.
• NY Times Building Vandalized After Gaza Story Fix
  
  Unidentified individuals spray-painted "NYT Lies, Gaza Dies" on The New York Times building in Manhattan on Wednesday, with sections of the structure's doors and windows also daubed with red paint.
• Tesla Starts Ride-Hailing in San Francisco
  
  Tesla CEO Elon Musk said on Thursday the company has launched its ride-hailing service in San Francisco's Bay Area, but did not clarify whether it uses self-driving vehicles. The rollout highlights the regulatory hurdles Tesla faces...
• Bristol Myers Q2 Results Exceed Expectations
  
  Bristol Myers Squibb posted much better-than-expected second-quarter results on Wednesday on strong sales of its most established and best-selling brands, blood thinner Eliquis and cancer treatments Opdivo and Revlimid.
• Microsoft, Meta Surge, Lead $500B Jump in AI Value
  
  Shares in artificial intelligence heavyweights Microsoft (MSFT) and Meta Platforms (META) both surged in European trading Thursday, after blowout quarterly results after-market Wednesday.
• Qualcomm Forecasts Revenue Above Estimates
  
  Qualcomm projected current-quarter sales above Wall Street expectations Wednesday, wagering that growing AI capabilities in consumer devices will boost demand for its semiconductors despite ongoing global trade uncertainties.
• Microsoft Annual Cloud Revenue Hits $75B, Profit Beats
  
  Microsoft said Wednesday that annual revenue for its flagship cloud computing platform rose 34% to $75 billion.
• Ford Raises Projected Tariff Hit to Results
  
  Ford Motor said Wednesday its second-quarter results took an $800 million hit from tariffs, a less pronounced impact than some of its U.S. rivals thanks to Ford's strong domestic manufacturing base.
• Meta Narrows Outlook for 'Superintelligence' Push
  
  Meta Platforms narrowed its annual capital expenditures forecast Wednesday, driven by the social media giant's high-stakes push for "superintelligence" in the heated AI race, sending its shares up nearly 9% in extended trading.
• Warner Bros Discovery to Lay Off 10% of Film Group: Source
  
  Warner Bros Discovery will lay off roughly 10% of its motion picture group employees as part of a restructuring before the company splits in two, a source with knowledge of the matter said Wednesday.
• Amazon to Pay NY Times Up to $25M Yearly in AI Deal
  
  Amazon will pay the New York Times up to $25 million a year for the rights to its journalism content for AI model training, reports The Wall Street Journal.
• Hershey Q2 Beats Estimates on Strong Easter Demand
  
  Hershey beat analysts' sales and profit estimates for the second quarter on Wednesday, driven by demand during Easter for its confectionery goods and salty snacks.
• Intel Officials Pressed DOJ to OK HP-Juniper Merger Over China Concerns
  
  U.S. intelligence officials intervened with the Department of Justice to push through a merger between Hewlett Packard and Juniper Networks, Axios reported, citing Trump administration officials. The intelligence community persuaded...
• Adidas May Hike Prices Due to Tariffs
  
  Sportswear brand Adidas warned Wednesday that it may have to hike prices in the United States, after reporting U.S. tariffs would add around 200 million euros ($231 million) to costs in the second half.
• Amazon Still the Online Retailer of Choice
  
  Amazon will seek to reassure investors Thursday that its cloud business, a critical driver of profits, is growing at a fast enough clip to offset any pullback in consumer spending that could throttle its retail operations.
• Kraft Heinz Beats Q2 Revenue Estimates on Steady US Demand
  
  Kraft Heinz Wednesday posted a smaller-than-expected drop in sales for the second quarter, helped by resilient demand for its frozen meat cuts and ready-to-eat meals in the United States as consumers tried to stretch their household budgets.
• Fed to Hold Rates Steady Despite Trump's Push for Cuts
  
  The Federal Reserve is expected to leave interest rates unchanged on Wednesday, six days after President Donald Trump again demanded that the U.S. central bank cut borrowing costs during a rare presidential visit to its headquarters in Washington. The steep reduction in the...
• Starbucks Global Sales Fall 2% on Tepid Sales
  
  Starbucks reported a bigger-than-expected fall in third-quarter global comparable sales on Tuesday, as cautious consumer spending cooled demand at the coffee chain operator.
• Some Slam American Eagle Ad With Sydney Sweeney as 'Racist'
  
  Clothing brand American Eagle has sparked outrage over its latest ad featuring Sydney Sweeney, with many slamming it for having racist undertones.
• P&G to Increase Prices in Part Due to Tariffs
  
  Consumer products giant Procter & Gamble offered an annual earnings outlook that was below analysts' projections and said it would raise prices on about a quarter of its products in the U.S. in part due to higher costs from President Donald Trump's tariffs.

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