Dow Jones Top Company Headlines at 5 PM ET: SpaceX Revenue Rises 92% in Second Quarter | Paramount's ...

SpaceX Revenue Rises 92% in Second Quarter

SpaceX brought in $7.8 billion in revenue in the second quarter as the company released its first earnings report as a public company.

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Paramount's Streaming Growth Continues Amid Legal Challenges to Warner Deal

Paramount's streaming service continued to grow in the latest quarter, helping to narrowly offset another sales decline for its television unit.

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AMD Shares Slip as Company Narrowly Beats Revenue Forecasts

Sales to data centers grew to 58% of revenue for the company, which has pivoted hard to serving the fastest-growing types of AI workloads.

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OpenAI Calls Apple's Trade-Secret Suit 'Careless' and 'Oddly Personal'

Apple asked the court for a preliminary injunction, and OpenAI followed up by alleging the iPhone maker was sloppy about security.

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Booking Holdings Reports Higher Revenue on Strong Travel Demand

The online travel agency had cut its full-year outlook in April, projecting that travel demand in some regions would suffer from the conflict in the Middle East.

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Amgen Lifts Outlook on Strong Drug Sales, to End Early Development of Obesity Treatment

The biotechnology company now expects full-year revenue between $38.2 billion and $39.4 billion, but said it was halting the development of a potential obesity treatment currently in a phase 1 study.

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Gilead Sciences Swings to Loss on R&D Costs as HIV-Drug Sales Lift Revenue

The biopharmaceutical company lowered its full-year forecast for Veklury after sales of the Covid-19 treatment fell 81% in the second quarter.

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Mattel Sales Climb, But Higher Expenses Weigh on Profit

The toymaker posted a loss of $18.2 million, which it attributed to higher advertising costs and selling, general and administrative expenses.

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Pinterest Stock Falls Despite Earnings Beat

Pinterest expects current quarter revenue to be between $1.19 billion to $1.21 billion, roughly in line with Wall Street's estimate of $1.2 billion.

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Match Group Revenue Ticks Down as Tinder Continues to Weigh on Results

The dating app company's second-quarter profit came in at $170.5 million, but revenue fell 1%, weighed down by sluggish results for Tinder.

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Chipotle Stock Tanks on Potential Salmonella Outbreak Tied to Jalapeños

Minnesota officials said Chipotle has fully cooperated with the investigation and they are no longer concerned about continued exposure.

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Wegovy-Maker Novo Nordisk Raises Full-Year Guidance

The Danish drugmaker said annual sales and operating profit should fall less than it previously expected as demand for weight-loss drugs shows no sign of abating.

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P&G Agrees to Buy Supplements Maker for $3.8 Billion

The consumer-goods giant will buy Thorne to bolster its presence in the beauty and wellness industry.

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McDonald's Aims to Improve Service and Food, and Chose a New U.S. Boss to Help

Skye Anderson takes over as U.S. president after growth in domestic business stalls. Joe Erlinger, who previously held the role, will depart.

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New Jersey Sues Amazon, Alleging Delivery Network Illegally Suppresses Wages

The lawsuit alleges Amazon violated federal and state antitrust laws through its Delivery Service Partner program, arguing the company exercises unlawful "monopsony," or a dominant buyer's ability to dictate prices and terms-over the small businesses that deliver Amazon packages and the drivers they employ.

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Officials Probe Salmonella Cases Tied to Jalapeño Peppers Served at Chipotle

Minnesota health authorities are investigating an illness in people who ate at quick-service Mexican-style chains.

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Pfizer's Quarterly Results Beat Expectations on Cancer, Heart Drugs

Rising sales of drugs for cancer and heart disease helped offset steep declines for Pfizer's Covid-19 products.

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BP to Sell U.S. Biogas Unit as Oil Profits Surge

The British oil major intends to sell its Archaea biogas business as its oil trading and higher energy prices lifted profits.

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Caterpillar Says the AI Boom Continues to Drive Construction Demand

Caterpillar said the artificial intelligence boom continues to drive demand for its engines and generators, while healthy construction spending is spurring sales of its dump trucks, bulldozers and excavators.

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Wells Fargo to Roll Out Tokenized Deposits for Corporate Clients

The bank is the latest to embrace blockchain to make payments and transfers faster and more efficient.

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Merck Cuts Full-Year Profit Forecast as Acquisition Costs Weigh on Bottom Line

Merck slashed its profit outlook for the year due to charges tied to its acquisition of cancer biotech company Terns Pharmaceuticals.

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Spotify Climbs to 300 Million Premium Subscribers

The Swedish audio streamer reported a 14% quarterly revenue increase from a year earlier.

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Huggies Stumble in China After Social-Media Firestorm

A state-run newspaper said the diapers tested positive for a substance called formamide. Huggies maker Kimberly-Clark said the findings are false.

(END) Dow Jones Newswires

August 04, 2026 17:15 ET (21:15 GMT)