Wall Street Journal

Rocket Revenue Surges on Mortgage Market Share Gains

Rocket Revenue Surges on Mortgage Market Share Gains

Rocket Companies reported higher second-quarter revenue as its market share in both purchase mortgages and refinancings ...

1 week ago
Lyft’s Bookings Climb, But Expects Growth to Moderate

Lyft’s Bookings Climb, But Expects Growth to Moderate

Though its second-quarter gross bookings rose to $5.5 billion, the rideshare company expects bookings in the current qua...

1 week ago
Instacart Revenue Gains as Gross Transaction Value, Orders Increase

Instacart Revenue Gains as Gross Transaction Value, Orders Increase

The company reported revenue increased to $1.04 billion from $914 million. Wall Street expected $1.03 billion....

1 week ago
Burger King’s New Whopper Strikes a Blow in Fast-Food Burger Wars

Burger King’s New Whopper Strikes a Blow in Fast-Food Burger Wars

Company president said the revamped burger was helping win market share; McDonald’s recently overhauled the Big Mac....

1 week ago
Opinion | We Can’t Afford to Ignore China’s Auto Threat

Opinion | We Can’t Afford to Ignore China’s Auto Threat

Beijing’s ambitions don’t just mean industrial competition; they endanger national security....

1 week ago
FCC Votes to Repeal National TV Ownership Limit

FCC Votes to Repeal National TV Ownership Limit

In a 2-1 split, the agency voted to eliminate the cap and said it will instead review proposed station acquisitions on a...

1 week ago
ConocoPhillips CEO Ryan Lance to Retire, as Finance Chief Takes the Helm

ConocoPhillips CEO Ryan Lance to Retire, as Finance Chief Takes the Helm

CFO Andy O’Brien will take on the lead role at the oil giant in September....

1 week ago
Budget Carrier easyJet Agrees to $7.68 Billion Takeover by Apollo

Budget Carrier easyJet Agrees to $7.68 Billion Takeover by Apollo

Apollo will purchase the British airline for 7.15 pounds in cash per easyJet share, capping a weekslong bidding war with...

1 week ago
Versant Media Shares Jump After Raising Outlook on Strong Viewership

Versant Media Shares Jump After Raising Outlook on Strong Viewership

Versant Media shares climbed after the company raised its full-year outlook despite recording lower sales in its third e...

1 week ago
Datadog Says Lower Usage From Major AI Customer Could Dent Growth

Datadog Says Lower Usage From Major AI Customer Could Dent Growth

The data-security company still posted growth in the second quarter, but shared a full-year sales outlook that was below...

1 week ago
Suncor to Promote Peter Zebedee to CEO

Suncor to Promote Peter Zebedee to CEO

The Canadian energy company said current President and CEO Rich Kruger will transition to the role of executive vice cha...

1 week ago
Krispy Kreme Narrows Loss Despite Lower Revenue

Krispy Kreme Narrows Loss Despite Lower Revenue

Krispy Kreme once again narrowed its loss and expanded margins during its latest quarter, as the doughnut chain continue...

1 week ago
Papa John’s Cuts Outlook, Suspends Dividend as U.S. Business Continues to Struggle

Papa John’s Cuts Outlook, Suspends Dividend as U.S. Business Continues to Struggle

Papa John’s cut its outlook for the year and suspended its dividend, as the pizza chain’s North American business contin...

1 week ago
Fox Sales Climb After World Cup Juices Ad Revenue

Fox Sales Climb After World Cup Juices Ad Revenue

Fox Corp. said the FIFA World Cup sent advertising revenue up 78% in the fiscal fourth quarter....

1 week ago
Johnnie Walker Maker Diageo Eyes $1 Billion in Savings as New Boss Plans Turnaround

Johnnie Walker Maker Diageo Eyes $1 Billion in Savings as New Boss Plans Turnaround

The group said the $1 billion in savings will begin in the current fiscal year, and will be achieved from work on operat...

1 week ago
U.K. Waves Through $81 Billion Paramount-Warner Bros. Deal

U.K. Waves Through $81 Billion Paramount-Warner Bros. Deal

The deal still faces substantial legal challenges in the U.S., where state attorneys general have sued to block the purc...

1 week ago
Keurig Dr Pepper Posts Higher Sales as Separation Work Continues

Keurig Dr Pepper Posts Higher Sales as Separation Work Continues

Keurig Dr Pepper logged higher sales in the second quarter and said it continues work to separate into two companies....

1 week ago
Restaurant Brands International Profit Rises on Burger King U.S. Growth

Restaurant Brands International Profit Rises on Burger King U.S. Growth

Restaurant Brands International’s profit rose in the second quarter, driven by a standout performance at Burger King U.S...

1 week ago
Warby Parker Swings to Profit on Tariff Refund

Warby Parker Swings to Profit on Tariff Refund

Warby Parker swung to a second-quarter profit as results were helped by a tariff refund, offsetting costs of the upcomin...

1 week ago
Molson Coors Sales Fall Amid Demand Challenges, Supply Costs

Molson Coors Sales Fall Amid Demand Challenges, Supply Costs

Molson Coors Beverage said second-quarter sales fell as the company tries to balance sluggish customer demand with highe...

1 week ago
The Morning Risk Report: U.S. to Halt Key Metal Waste Exports in Push to Break China Reliance

The Morning Risk Report: U.S. to Halt Key Metal Waste Exports in Push to Break China Reliance

Plus: White House AI guidelines exempt U.S. open models from government review, and U.K. regulator eases listing rules...

1 week ago
Warner Bros. Revenue Falls Amid Legal Snags to Paramount Deal

Warner Bros. Revenue Falls Amid Legal Snags to Paramount Deal

Warner Bros. Discovery narrowed its profit in the second quarter, hurt by a large charge, as revenue fell....

1 week ago
Lumber Prices Surge Despite Housing Slump

Lumber Prices Surge Despite Housing Slump

Plus: The U.S. is banning exports of lithium ion battery and tungsten waste...

1 week ago
Partners Group in Talks to Buy Aroma-Zone Stake at $2.3 Billion Valuation

Partners Group in Talks to Buy Aroma-Zone Stake at $2.3 Billion Valuation

Exclusive talks are underway with Eurazeo about a majority stake in France’s Aroma-Zone, which sells beauty and wellness...

1 week ago
Nintendo’s Quarterly Profit Surges

Nintendo’s Quarterly Profit Surges

The Japanese videogame maker’s first-quarter net profit rose 54%, topping expectations thanks to factors including forei...

1 week ago
SoftBank Group Reports Lower Quarterly Profit

SoftBank Group Reports Lower Quarterly Profit

SoftBank Group’s first-quarter net profit dropped due to lower gains from its Vision Funds business....

1 week ago
WPP Top-Line Decline Eases as Turnaround Continues

WPP Top-Line Decline Eases as Turnaround Continues

WPP said revenue less pass-through costs, a closely-watched metric, fell less sharply last quarter thanks to a recovery ...

1 week ago
Deutsche Telekom Lifts Buyback by Up to $3.5 Billion, Raises Guidance for Key Metric Again

Deutsche Telekom Lifts Buyback by Up to $3.5 Billion, Raises Guidance for Key Metric Again

The telecommunications company raised its full-year buyback program after posting higher revenue in the second quarter....

1 week ago
Arms Maker Rheinmetall Trims Sales Guidance After Germany Scraps Frigate Project

Arms Maker Rheinmetall Trims Sales Guidance After Germany Scraps Frigate Project

The company expects annual sales between $15.83 billion and $16.41 billion, guidance which remains above what it reporte...

1 week ago
Siemens Lifts Smart Infrastructure Outlook After Data Center Demand Boosts Profit, Orders

Siemens Lifts Smart Infrastructure Outlook After Data Center Demand Boosts Profit, Orders

The division produces electrical and grid equipment and won a number of large contracts from the U.S. and Europe as comp...

1 week ago
Germany’s Merck KGaA Raises Outlook on Robust Results, Easing Currency Headwinds

Germany’s Merck KGaA Raises Outlook on Robust Results, Easing Currency Headwinds

The group pointed to stronger demand in the life-science and electronics markets and resilience in its healthcare operat...

1 week ago
Commerzbank CEO Calls For Dialogue With UniCredit

Commerzbank CEO Calls For Dialogue With UniCredit

Bettina Orlopp appealed for constructive dialogue with UniCredit after the Italian bank achieved a near majority stake i...

1 week ago
The Investors Whose SpaceX Shares Vanished Before They Could Cash In

The Investors Whose SpaceX Shares Vanished Before They Could Cash In

One bought in to an SPV fund touting pre-IPO “exposure” to the rocket company. He was told later the shares were sold be...

1 week ago
Airlines Push Back Against ICE Enforcement at Airports

Airlines Push Back Against ICE Enforcement at Airports

Federal agents are using flight manifests to arrest travelers with lapsed visas, drawing objections over safety and prot...

1 week ago
AppLovin Says Second-Quarter Results Fell Short of Its Standards

AppLovin Says Second-Quarter Results Fell Short of Its Standards

The company’s profit and revenue growth continued in the latest quarter but the advertising company said the results wer...

1 week ago
Etsy to Cut 12% of Workforce as CEO Focuses on Core Marketplace

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....

1 week ago
News Corp Revenue Rises, With Growth Across All Segments

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 mil...

1 week ago
Opinion | False Unanimity at the National Academies

Opinion | False Unanimity at the National Academies

A climate report spins an illusion of elite scientific consensus....

1 week ago