BAE Systems raises guidance after surge in sales in first half
BAE Systems raised its 2024 guidance after posting a surge in sales amid high defense spending across all its key markets. Source link...
MARKET
Udemy shifts focus to larger businesses as quarterly losses mount
Udemy says it’s switching gears to serve big businesses only. Source link...
Teladoc posts another quarterly loss, and online mental-health unit sees revenue slip
Once high-flying, Teladoc’s stock drops 13% after the telehealth company posts yet another quarterly loss. Source link...
Qualcomm sees exciting potential in AI phones, but its stock dips after earnings
Chip company delivers a better-than-expected forecast at the midpoint Source link...
Zuckerberg says Facebook is cool with young people again. Now comes the hard part.
Recent data from Meta indicated that over 40 million U.S. and Canadian young adults are daily active users, the highest in three years. Source link...
Here’s what’s worth streaming in August 2024: ‘Industry,’ ‘Only Murders in the Building’ and much more
August features new seasons of Max’s successor to “Succession,” Netflix’s “Emily in Paris,” and Amazon’s “Rings of Power” Source link...
Carvana posts surprise profit as retail vehicle sales rise 33%
Carvana’s stock rallies 14% as used-car retailer sees “untapped potential.” Source link...
Live Nation’s results should settle concerns about concert demand, analysts say
Concerns have grown about concert-ticket sales. But Ticketmaster parent and concert-industry giant Live Nation Entertainment Inc. is seeing none of it. Source link...
Trump slams taxes on Social Security benefits. But what happens if those taxes go away?
Senior citizens shouldn’t be paying taxes on their Social Security benefits, former President Donald Trump said Wednesday, floating an idea that could lighten the federal income-tax load for about 40% of recipients. Source link...
Freight demand is weak, but cost cuts help C.H. Robinson boost profits. Shares are rallying.
Shares of shipping logistics provider C.H. Robinson Worldwide Inc. rallied on Wednesday after the company reported a second-quarter adjusted profit that topped Wall Street’s estimates, helped by tighter operations in its key North American transportation services. Source link...
