Dow Jones Top Company Headlines at 9 PM ET: Meta Releases Coding Agent to Compete With OpenAI and Anthropic | Prosecutors ...
Meta Releases Coding Agent to Compete With OpenAI and Anthropic
The company, pressed by investors to generate revenue from AI, says its offering will cost less than popular alternatives.
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Prosecutors Probed Whistleblower Claims That JPMorgan Mishandled Fraud Cases
A former executive alleged JPMorgan improperly denied reimbursements of more than $100 million to customers who were victims of financial scams.
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News Corp Revenue Rises, With Growth Across All Segments
Digital-only subscriptions to The Wall Street Journal averaged nearly 4.5 million in the quarter, compared with 4.33 million in the prior quarter.
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Motorola Solutions Lifts Outlook as Profit, Revenue Gain
The Chicago-based company said it now expects full-year adjusted earnings between $17.62 and $17.72 a share on revenue of about $12.98 billion.
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EBay Lifts Outlook as Depop Acquisition Closes, Revenue Rises
The online marketplace reported higher revenue of $3.13 billion, and now expects gross merchandise volume to grow between 11.5% and 12.5% in 2026.
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Etsy to Cut 12% of Workforce as CEO Focuses on Core Marketplace
The cuts weren't driven by cost-cutting initiatives or artificial intelligence, Chief Executive Kruti Goyal said.
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Sandisk Revenue Soars on AI Data Storage Demand
The company posted a higher net income of $6.9 billion as the artificial-intelligence buildout continued to fuel demand for data storage.
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Western Digital Profit Surges as Revenue Grows
Western Digital reported a more than elevenfold increase in its fourth-quarter profit, driven by continued strong demand for its memory technology.
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Expedia Raises Revenue View on Higher Profit, Revenue
The online travel agency said it now expects annual revenue to be $16.05 billion to $16.22 billion, up from a previous range of $15.6 billion to $16.0 billion.
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Google Overhauls AI Leadership as Longtime Chief Scientist Joins Wave of Exits
Demis Hassabis becomes chairman of Google DeepMind while Jeff Dean leaves to launch an AI-discovery startup.
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Zillow Swings to Loss on Restructuring Costs
The company posted a loss of $4 million as restructuring costs of $36 million weighed on the bottom line despite higher revenue.
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Goodyear Swings to Loss on Lower Tire Volume, Higher Costs
The company posted a loss of $204 million, or 71 cents a share, compared with a profit of $254 million, or 87 cents a share, in the year-ago quarter.
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Block Raises Outlook on Financial Solutions Growth
Block raised its full-year guidance and reported higher second-quarter revenue as growth in its commerce and financial solutions businesses helped to offset declines in Bitcoin.
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Hailey Bieber's Rhode Powers e.l.f. Beauty's Sales Growth
E.l.f.'s sales climbed 36% in the first quarter to $479.4 million, and the company raised its full-year sales guidance.
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Oscar Health Stock Has Doubled This Year. The ACA Insurer Reports Thursday.
Investors pay particular attention to a health insurer's second-quarter report, which reflects more medical claims data among members.
(END) Dow Jones Newswires
August 05, 2026 21:15 ET (01:15 GMT)
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