Wall Street Journal

Block Raises Outlook on Financial Solutions Growth

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 s...

1 week ago
Goodyear Swings to Loss on Lower Tire Volume, Higher Costs

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 sh...

1 week ago
Zillow Swings to Loss on Restructuring Costs

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 ...

1 week ago
Sandisk Revenue Soars on AI Data Storage Demand

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 ...

1 week ago
Western Digital Profit Surges as Revenue Grows

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...

1 week ago
Honeywell Aerospace Cuts Full-Year Growth Guidance as Supply Constraints Dampen Second-Quarter Sales

Honeywell Aerospace Cuts Full-Year Growth Guidance as Supply Constraints Dampen Second-Quarter Sales

The company now expects organic growth of 4% to 5% for the full year, down from its prior forecast of 7% to 9%....

1 week ago
Airtable Acquisition Is ‘Kick in the Gut’ for Software Unicorns and Their Backers

Airtable Acquisition Is ‘Kick in the Gut’ for Software Unicorns and Their Backers

Bending Spoons is buying Airtable for a fraction of its last private valuation....

1 week ago
Auto & Transport Roundup: Market Talk

Auto & Transport Roundup: Market Talk

Find insight on Thai Airways, Continental, Kia and more in the latest Market Talks covering auto and transport....

1 week ago
U.S. Crude Oil Inventories Post Weekly Increase

U.S. Crude Oil Inventories Post Weekly Increase

Commercial crude oil stockpiles were up by 2.5 million barrels in the week ended July 31. Inventories were expected to h...

1 week ago
U.S. to Halt Key Metal Waste Exports in Push to Break China Reliance

U.S. to Halt Key Metal Waste Exports in Push to Break China Reliance

The move comes as Washington races to secure the raw materials that are crucial for defense and other industries....

1 week ago
Uber Revenue Up on Delivery Business but Company Issues Soft Forecast

Uber Revenue Up on Delivery Business but Company Issues Soft Forecast

Uber Technologies notched higher revenue in second quarter, driven by growth in its delivery business as the company con...

1 week ago
Shake Shack Revenue Climbs, Profit Slips on Higher Costs

Shake Shack Revenue Climbs, Profit Slips on Higher Costs

Shake Shack reported higher second-quarter sales, but profit slipped as operating expenses increased....

1 week ago
New York Times Posts Higher Revenue, as Subscriber Growth Slows

New York Times Posts Higher Revenue, as Subscriber Growth Slows

The New York Times Company reported higher profit and revenue in the second quarter, though subscriber growth slowed seq...

1 week ago
Kraft Heinz Raises Sales View Amid Efforts to Offset Higher Costs

Kraft Heinz Raises Sales View Amid Efforts to Offset Higher Costs

Kraft Heinz had lower profit and sales in the second quarter, but raised its sales outlook as it aims to mitigate higher...

1 week ago
Shopify Profit Jumps as Subscriptions, Merchant Services Boost Revenues

Shopify Profit Jumps as Subscriptions, Merchant Services Boost Revenues

Shopify posted a surge in second-quarter profit, driven by gains across both its subscription software and merchant serv...

1 week ago
Eli Lilly Posts Higher Revenue on Continued GLP-1 Demand

Eli Lilly Posts Higher Revenue on Continued GLP-1 Demand

Eli Lilly reported higher net income and revenue in the recent quarter, fueled by continued surging demand for its GLP-1...

1 week ago
Bloomin’ Brands Raises Earnings View on Higher Profit, Check Size

Bloomin’ Brands Raises Earnings View on Higher Profit, Check Size

Bloomin’ Brands raised its adjusted earnings outlook after a bigger average check size helped drive higher profit in the...

1 week ago
Theme Parks and ‘Toy Story 5’ Boost Disney Results

Theme Parks and ‘Toy Story 5’ Boost Disney Results

Third-quarter revenue increased 7% to $25.2 billion, driven by growth from the company’s experiences unit....

1 week ago
CVS Health Launches Eli Lilly GLP-1 Partnership, Lifts Outlook as Profit Increases

CVS Health Launches Eli Lilly GLP-1 Partnership, Lifts Outlook as Profit Increases

CVS Health said it will revamp its weight management program through a partnership with Eli Lilly as the company lifted ...

1 week ago
Carlyle Continues to Bring in Capital as Distributable Earnings Climb

Carlyle Continues to Bring in Capital as Distributable Earnings Climb

Carlyle Group posted its highest distributable earnings in nearly four years as the buyout firm continued to have record...

1 week ago
The Wall Street and Silicon Valley Investors Who Got Burned by Situational Awareness

The Wall Street and Silicon Valley Investors Who Got Burned by Situational Awareness

Plus, Iran stakes everything on controlling the Strait of Hormuz, and our travel columnist explains basic economy’s chan...

1 week ago
Wayve, Uber Win Approval for Supervised Robotaxi Rides in London

Wayve, Uber Win Approval for Supervised Robotaxi Rides in London

Transport for London granted private-hire vehicle licenses to a number of Wayve’s autonomous vehicles, which will operat...

1 week ago
Sandoz Shares Climb After Biosimilar Sales Drive Growth

Sandoz Shares Climb After Biosimilar Sales Drive Growth

Sandoz Group reported higher sales for the second quarter, driven by a strong performance in its biosimilar segment and ...

1 week ago
SpaceX Needs to Make Its Bigger Rockets Work

SpaceX Needs to Make Its Bigger Rockets Work

None of the company’s most ambitious plans are possible without the success of its Starship rockets....

1 week ago
Next PLC’s Shares Rise After Full-Year Guidance Raise

Next PLC’s Shares Rise After Full-Year Guidance Raise

The U.K. retailer now targets $1.67 billion in pretax profit as its stock has risen 19% over the year to date....

1 week ago
Coca-Cola HBC Net Profit Rises on Higher Volumes

Coca-Cola HBC Net Profit Rises on Higher Volumes

The Coca-Cola Co. bottler said revenue per case rose and that earnings were boosted by growth in both its sparkling and ...

1 week ago
Honda Doubles Profit, Boosts Guidance on Weaker Yen

Honda Doubles Profit, Boosts Guidance on Weaker Yen

The Japanese automaker is aiming to improve its hybrid EV offerings to shore up its car business’s profitability....

1 week ago
Siemens Energy Profit Triples as Orders Hit Record Highs

Siemens Energy Profit Triples as Orders Hit Record Highs

It expects to achieve the higher end of its fiscal-year profit margin guidance, which it said in May would be between 10...

1 week ago
Glencore Targets Secondary Listing of Shares in Australia

Glencore Targets Secondary Listing of Shares in Australia

The London-listed miner said the move would broaden its shareholder base, improve trading liquidity and enhance its corp...

1 week ago
Abu Dhabi’s Adnoc Distribution Profit Nearly Doubles on Fuel Demand, Inventory Gains

Abu Dhabi’s Adnoc Distribution Profit Nearly Doubles on Fuel Demand, Inventory Gains

Adnoc Distribution reported a sharp jump in quarterly profit as higher fuel sales, inventory gains and stronger margins ...

1 week ago
Siemens Energy Profit Triple as Orders Hit Record Highs

Siemens Energy Profit Triple as Orders Hit Record Highs

It expects to achieve the higher end of its fiscal-year profit margin guidance, which it said in May would be between 10...

1 week ago
Chip Maker Infineon Forecasts Strong Revenue Growth on Booming AI Demand

Chip Maker Infineon Forecasts Strong Revenue Growth on Booming AI Demand

It expects revenue of roughly €16.3 billion for the current fiscal year as the race to build AI infrastructure keeps add...

1 week ago
Heineken Books Faster Volume Growth

Heineken Books Faster Volume Growth

The brewer backed its earnings outlook for the year after sales volumes picked up pace over the second quarter, boosted ...

1 week ago
GM, China’s SAIC Extend Joint Venture Partnership for 20 Years

GM, China’s SAIC Extend Joint Venture Partnership for 20 Years

The partnership plans to launch at least 30 new-energy vehicles by 2030 and deploy tech solutions developed in China for...

1 week ago
Cathay Pacific First-Half Profit Jumps on Strong Passenger, Cargo Traffic

Cathay Pacific First-Half Profit Jumps on Strong Passenger, Cargo Traffic

Hong Kong’s flag carrier reported a sharp rise in first-half profit, supported by increased passenger and cargo traffic ...

1 week ago
FAA Investigates Marine One Safety Incident in Washington

FAA Investigates Marine One Safety Incident in Washington

The president’s helicopter took off from the White House despite commercial traffic flying at Reagan National Airport....

1 week ago
Mamdani Is Shunning New York Business Leaders Who Are Used to Calling the Shots

Mamdani Is Shunning New York Business Leaders Who Are Used to Calling the Shots

The mayor fired corporate leaders from a city fund’s advisory board in the latest sign that he is changing the way such ...

1 week ago