Meta's Stock Plunges 6% as AI Spending Fears Overshadow Revenue Surge
Companies

Meta's Stock Plunges 6% as AI Spending Fears Overshadow Revenue Surge

Meta's Q2 revenue soared 28% to $60.8B, but a disappointing Q3 outlook and surging AI investments sent shares down over ...

Declan Byrne 👁 42 💬 0
Qualcomm Guides Profit Below Estimates as Apple Revenue Decline Accelerates and Costs Rise
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Qualcomm Guides Profit Below Estimates as Apple Revenue Decline Accelerates and Costs Rise

The chipmaker expects Apple revenue to fall faster than anticipated and plans price increases to offset supply-chain cos...

Declan Byrne 👁 40 💬 0
Snap Unveils New Agency Controls, Expands Partner Program to Europe
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Snap Unveils New Agency Controls, Expands Partner Program to Europe

Snap introduces organization-level access controls and cross-account audience sharing for agencies, broadens its Indy Ag...

Declan Byrne 👁 36 💬 0
US Packaging Firm Footprint to Open Eco-Factory in Poland, Hiring Hundreds
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US Packaging Firm Footprint to Open Eco-Factory in Poland, Hiring Hundreds

Footprint resumes recruitment at its new plant in Piekary Śląskie, targeting autumn for production of plastic-free cups ...

Declan Byrne 👁 37 💬 0
CoStar's Residential Push Turns Profitable as Homes.com Revenue Jumps 66%
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CoStar's Residential Push Turns Profitable as Homes.com Revenue Jumps 66%

CoStar Group reported Q2 revenue of $925M, up 18%, while its residential portfolio achieved a first-ever adjusted EBITDA...

Declan Byrne 👁 46 💬 0
P&G Bets on Brand Spending to Reverse Sales Slowdown, with China Outperforming North America
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P&G Bets on Brand Spending to Reverse Sales Slowdown, with China Outperforming North America

Procter & Gamble’s fiscal fourth quarter saw a sharp deceleration in growth and margin pressure from increased marketing...

Declan Byrne 👁 52 💬 0
Kave Home Invests €45M to Double Logistics Capacity as Sales Surge 48%
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Kave Home Invests €45M to Double Logistics Capacity as Sales Surge 48%

Catalan furniture brand Kave Home is spending €45 million to double its logistics platform, backing up a 48% sales jump ...

Declan Byrne 👁 63 💬 0
Airbus Aims to Turn Military Transport Plane into Firefighting Tool as European Wildfires Spread
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Airbus Aims to Turn Military Transport Plane into Firefighting Tool as European Wildfires Spread

Airbus CEO Guillaume Faury accelerates A400M conversion for firefighting as blazes force mass evacuations in France and ...

Declan Byrne 👁 35 💬 0
SafeGuard Privacy Launches GDPR Modules for IAB Diligence Platform
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SafeGuard Privacy Launches GDPR Modules for IAB Diligence Platform

The new modules, developed with BVDW and Nexida, bring standardized privacy assessments to both U.S. and European regula...

Declan Byrne 👁 36 💬 0
L’Oréal India Growth Accelerates on Haircare, Skincare; Innovist Buy to Deepen Footprint
Companies

L’Oréal India Growth Accelerates on Haircare, Skincare; Innovist Buy to Deepen Footprint

L'Oréal said its India business accelerated in H1 2026, fueled by haircare and skincare demand and e-commerce expansion....

Declan Byrne 👁 61 💬 0
Lufthansa Group at a Glance: Passenger, Logistics and MRO Operations
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Lufthansa Group at a Glance: Passenger, Logistics and MRO Operations

A snapshot of Deutsche Lufthansa AG’s business lines, fleet and global network — from passenger airlines like SWISS and ...

Declan Byrne 👁 45 💬 0
BMW Targets Management Layers, Ströer Attracts Buyout, and ZF Loses Another Executive
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BMW Targets Management Layers, Ströer Attracts Buyout, and ZF Loses Another Executive

BMW is cutting management fat, Ströer is in advanced talks with private equity, and ZF faces more boardroom exits. Plus:...

Declan Byrne 👁 35 💬 0
Bradesco BBI Upgrades Cogna to Buy, Pegs It as Top Education Stock Pick
Companies

Bradesco BBI Upgrades Cogna to Buy, Pegs It as Top Education Stock Pick

Bradesco BBI upgraded Cogna to buy and made it its top pick in Brazil's education sector, citing a potential 14% dividen...

Declan Byrne 👁 36 💬 0
X and World Federation of Advertisers Settle Ad Boycott Lawsuit
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X and World Federation of Advertisers Settle Ad Boycott Lawsuit

The settlement ends Elon Musk’s legal fight against advertisers who pulled spending over brand safety, with the WFA agre...

Declan Byrne 👁 61 💬 0
Aon's Q2 Revenue Climbs to $4.25bn on Data Centre and Construction Surge
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Aon's Q2 Revenue Climbs to $4.25bn on Data Centre and Construction Surge

The brokerage giant reported 5% organic growth, driven by data centre construction and strong client retention, even as ...

Declan Byrne 👁 35 💬 0
Rheinmetall Q2 Revenue Soars 70% as European Rearmament Boom Drives Record Orders
Companies

Rheinmetall Q2 Revenue Soars 70% as European Rearmament Boom Drives Record Orders

Rheinmetall Q2 revenue surged 70% to €3.3 billion, with operating profit beating forecasts at €562 million. An €11.37 bi...

Declan Byrne 👁 33 💬 0
NASD Launches Nigeria’s First Regulated Digital Securities Platform
Companies

NASD Launches Nigeria’s First Regulated Digital Securities Platform

Nigeria’s NASD OTC Securities Exchange goes live with a blockchain-based platform for tokenised securities, with the fir...

Declan Byrne 👁 41 💬 0
X Warns Australia’s Under-16 Social Media Ban Risks Foreign Law Conflicts
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X Warns Australia’s Under-16 Social Media Ban Risks Foreign Law Conflicts

Elon Musk’s platform has officially urged Australia to drop plans to strengthen its underage ban, arguing proposed data-...

Declan Byrne 👁 50 💬 0
UBS Sees Integration Rewards as Profit Surges 64%, Job Cuts Mount
Companies

UBS Sees Integration Rewards as Profit Surges 64%, Job Cuts Mount

The Swiss bank's Q2 pre-tax profit jumped to $3.6bn, driven by massive cost savings from the Credit Suisse deal. Staffin...

Declan Byrne 👁 32 💬 0
Goldman Sachs Playbook Maps How Family Firms Can Beat the 12% Odds of Reaching the Third Generation
Companies

Goldman Sachs Playbook Maps How Family Firms Can Beat the 12% Odds of Reaching the Third Generation

Only 30% of family businesses pass successfully to the second generation, and barely 12% make it to the third. A Goldman...

Declan Byrne 👁 44 💬 0
KeyBanc Sees Reddit as a ‘Sustainable Compounder’ with AI Data Upside, Initiates at Overweight
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KeyBanc Sees Reddit as a ‘Sustainable Compounder’ with AI Data Upside, Initiates at Overweight

KeyBanc initiates Reddit at Overweight, $225 PT, citing durable ad growth and AI data licensing potential. The platform'...

Declan Byrne 👁 33 💬 0
eBay Settles Harassment Case for $50M+ After Sending Cockroaches, Funeral Wreath to Bloggers
Companies

eBay Settles Harassment Case for $50M+ After Sending Cockroaches, Funeral Wreath to Bloggers

eBay has agreed to pay over $50 million to a couple who were terrorized by company employees after criticizing the platf...

Declan Byrne 👁 31 💬 0
After Losing Their Jobs, This Couple Started a Shoe Business That Now Has 600 Employees
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After Losing Their Jobs, This Couple Started a Shoe Business That Now Has 600 Employees

Marina and Ricardo Larroudé turned a pandemic layoff into a shoe company with hundreds of employees and a simple rule: t...

Declan Byrne 👁 45 💬 0
Verisk Buys Geospatial Intelligence Firm MIS to Bolster Real-Time Catastrophe Response
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Verisk Buys Geospatial Intelligence Firm MIS to Bolster Real-Time Catastrophe Response

Verisk adds real-time event analysis to its catastrophe-risk portfolio by acquiring McKenzie Intelligence Services, stre...

Declan Byrne 👁 37 💬 0
Anvisa Approves Five New Semaglutide Pens, Heating Up Brazil's R$5.6 Billion Weight-Loss Drug War
Companies

Anvisa Approves Five New Semaglutide Pens, Heating Up Brazil's R$5.6 Billion Weight-Loss Drug War

Brazil's health regulator cleared five additional semaglutide pens from Sandoz, Sun Pharma, Ranbaxy, and Brainfarma, sha...

Declan Byrne 👁 51 💬 0
DAE Completes Macquarie AirFinance Acquisition, Scaling Up Global Fleet
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DAE Completes Macquarie AirFinance Acquisition, Scaling Up Global Fleet

Dubai Aerospace Enterprise closed its purchase of Macquarie AirFinance, adding a large aircraft portfolio and orderbook ...

Declan Byrne 👁 41 💬 0
Kazakhstan Open to Wildberries Warehouses as Drone Attacks Expose Logistics Risks
Companies

Kazakhstan Open to Wildberries Warehouses as Drone Attacks Expose Logistics Risks

Astana says no formal request yet from the Russian marketplace, but it would consider any proposal in the national inter...

Declan Byrne 👁 80 💬 0
Bunge Lifts FY2026 Profit Outlook as Geopolitics Fuels Grain Processing Boom
Companies

Bunge Lifts FY2026 Profit Outlook as Geopolitics Fuels Grain Processing Boom

Strong soybean and softseed processing margins, driven by war-related grain price spikes, helped Bunge beat Q2 estimates...

Declan Byrne 👁 55 💬 0
Adani Enterprises Posts ₹1,160 Crore Loss on OFAC Charge, Revenue Jumps 50%
Companies

Adani Enterprises Posts ₹1,160 Crore Loss on OFAC Charge, Revenue Jumps 50%

Net loss driven by ₹2,644 crore one-time payment to US sanctions body; operating profit hits record as airports, roads a...

Declan Byrne 👁 35 💬 0
BMW to Cut 8,000 Jobs in Global Restructuring as New CEO Targets €1bn Savings
Companies

BMW to Cut 8,000 Jobs in Global Restructuring as New CEO Targets €1bn Savings

The German automaker will launch voluntary buyouts and early retirements from October, targeting non-production roles in...

Declan Byrne 👁 35 💬 0