MARKET

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

MARKET

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

MARKET

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

MARKET

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

MARKET

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

MARKET

South Korea’s exports grow for 10th straight month

South Korea’s exports grew for a 10th straight month in July on brisk demand for semiconductors and other goods overseas,

MARKET

Carvana posts surprise profit as retail vehicle sales rise 33%

Carvana’s stock rallies 14% as used-car retailer sees “untapped potential.” Source link

MARKET

Arm earnings mostly beat expectations, but chip designer falls short in a key segment

Arm’s stock is dropping nearly 13% after a miss on royalty revenues. Source link

MARKET

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