Dow Jones Top Company Headlines at 5 PM ET: Microsoft Profits Jump 31% as Azure Cloud Sales Surpass $100 Billion | Meta ...
Microsoft Profits Jump 31% as Azure Cloud Sales Surpass $100 Billion
Software giant ends fiscal year with $90 billion in quarterly sales, beats Wall Street expectations.
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Meta Misses Revenue Forecast, Stock Slides on AI Costs
An update on the company's AI spending plans and the shrinking of free cash flow to less than $1 billion raised concerns from investors about the cost of its infrastructure buildout.
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Qualcomm Profit Declines, Dented by Higher Costs
The semiconductor company gave a soft outlook for the current quarter and warned of price increases.
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Arm Posts Higher Revenue, Profit as AI Demand Drives Growth
The company reported a higher first-quarter profit of $270 million as demand for its chip designs exceeded expectations.
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L3Harris Raises Guidance on Higher Profit, Revenue
The defense contractor said it now expects full-year earnings between $11.80 and $12.00 a share, up 40 cents from the company's previous guidance.
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Robinhood Beats Expectations on Surging Revenue, But the Crypto Slump Continues
The mobile trading platform reported $1.3 billion in second quarter revenue, up 32.5%.
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Canadian Pacific Kansas City Profit Falls, Chair Retires
The railroad operator named Gordon Trafton, board member since 2017, as Isabelle Courville's replacement.
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Procter & Gamble Gives Soft Outlook as Iran War Drives Up Costs
Procter & Gamble gave a soft outlook for its new fiscal year, as it expects to take a $1 billion hit from higher costs related to the Iran war.
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Airbus Logs Strong Earnings, Flags Confidence After Boost in Deliveries
The European plane maker said adjusted earnings before interest and taxes-its preferred measure of profitability-jumped 54% on year to â¬2.43 billion.
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FTC Sues Hims & Hers, Alleging Unlawful Sharing of Data, Deceptive Billing
According to the suit, Hims & Hers shared lists of certain customers, and the actions of visitors on its website, with advertisers such as Meta and Snap, even though it claimed its service maintains consumers' privacy.
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GE HealthCare Says Increased Orders, Healthy Demand Lifted Revenue
The medical-technology company's revenue came in at $5.3 billion in the second quarter, boosted by an 11% increase in total orders.
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Campari Confirms 2026 Sales View as Aperitif Demand Offsets U.S. Bourbon Slump
The group behind Aperol and Campari bitters recorded 2.5% organic sales growth in the quarter through June, with its core aperitifs business booking 4% growth.
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Renault Reports Higher Revenue
Renault reaffirmed its full-year outlook and said cost-cutting efforts were bearing fruit after reporting revenue growth in the first half of the year.
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Boston Scientific Cuts View on Unexpected Watchman Heart Implant Challenges
Boston Scientific cut its full-year outlook after two of its core heart-disease products faced unexpected challenges in the second quarter.
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Brookfield, NextEra to Develop $100 Billion Data Center Campus in Kentucky
A partnership of energy, infrastructure and utility companies plan to develop a data center campus on the Energy Department's Paducah site in western Kentucky, repurposing the land as part of a privately-funded project.
(END) Dow Jones Newswires
July 29, 2026 17:15 ET (21:15 GMT)
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