AMD reports better-than-expected results even as PC market shows continued weakness
AMD reported an 18% decline in year-over-year revenue in the second quarter and issued a sales forecast that trailed analysts’ estimates.
Pinterest expenses skyrocket during the second quarter
Sales in the company’s second quarter jumped 6% year-over-year, while expenses grew 11%.
Fifty Years to help climate scientists turn research into solutions with new grants program
The program was inspired by the funding struggles of portfolio company Solugen, now valued at $2 billion, when it was getting started.
Walgreens is now offering RSV vaccines for older adults
This is the first RSV season in which older adults have the option to get vaccinated against the virus.
Twitter, now called X, sues researchers who showed rise in hate speech on platform after Musk takeover
On Monday, X Corp., formerly known as Twitter, filed a lawsuit against the Center for Countering Digital Hate in a federal court.
Apple expected to post third consecutive down quarter, but its forecast is more important
Apple is expected to post its third consecutive quarterly revenue decline when it reports earnings after the bell on Thursday.
Job openings, layoffs declined in June in a positive sign for the labor market
Employment openings totaled 9.58 million for the month, edging lower from the downwardly revised 9.62 million in May.
Tesla faces new NHTSA probe over loss of steering control in Model 3 and Y vehicles
The NHTSA has opened an investigation into Tesla over steering control problems and loss of power steering in the 2023 Model 3 and Model Y.
CVS to slash 5,000 jobs as company deepens costly health-care push
The pharmacy chain had about 300,000 employees in the U.S. at the end of last year, according to a securities filing.
These are JPMorgan’s favorite stocks for August
The Wall Street added two picks to the list, both of which are auto retail companies.
