Intel generates $16.1 billion in revenue, up 25%
Intel (NASDAQ:INTC) reported second-quarter revenue of $16.1 billion, up 25%, while adjusted earnings reached $0.42 per share.
Intel (NASDAQ:INTC) reported second-quarter revenue of $16.1 billion, up 25%, while adjusted earnings reached $0.42 per share.
TowneBank (NASDAQ:TOWN) reported second-quarter net income of $193.19 million, or $2.09 per share, largely reflecting a $198.55 million business-sale gain.
argenx (NASDAQ:ARGX) reported second-quarter VYVGART product sales of $1.52 billion, up 60%, as operating profit reached $494 million.
TotalEnergies (NYSE:TTE) reported second-quarter adjusted net income of $6.03 billion, up about 68%, as energy prices and refining margins increased.
STMicroelectronics (NYSE:STM) reported second-quarter net revenue of $3.49 billion, up 26%, with net income reaching $222 million.
UK Chancellor John Healey committed to disciplined control of the nation's public finances to protect against economic shocks, just days after new prime minister Andy Burnham appointed him. Healey made his pitch to finance executives at Bloomberg's London headquarters on Thursday, promising to help tackle rising costs for businesses.
BNP Paribas Chief Financial Officer Lars Machenil speaks on Bloomberg Television as the bank reported better-than-expected revenue and profit for the second quarter. "We are really firing on all cylinders and ready to continue to support the economy," he says. "It is really the three divisions that are working collectively and that are boosting the result," Machenil adds.
SBI Funds Management Executive President R.S. Srinivas Jain believes the rupee will likely trade in the 'narrow band' for the time being. He adds that the Indian currency is at a great entry point for investors. Jain and SBI Funds Management MD and CEO Debasish Mishra speak with Paul Allen on "Insight with Haslinda Amin."
UAE telecom company du reported a steady first half performance for 2026 in their latest earnings reports. The service provider saw revenue growth of 4.6% for 2Q and net profits up 12.6% for 1H. Kais Ben Hamida, CFO of du spoke to Bloomberg's Oliver Crook on Horizons Middle East & Africa on the numbers plus their plans to spend on data centers.
A White House official accused China's Moonshot of improperly using US AI models and Nvidia chips to create the Kimi K3. Here's what it means for tech and plans for a Trump-Xi summit.
While Alphabet showed booming Cloud revenue to justify its surging AI spending, Tesla asked investors for patience as its massive capital expenditure builds toward unproven long shots like robotaxis and robotics. Bloomberg's Ed Ludlow reports.
Carmen Lu, Partner at Paul, Weiss, Rifkind, Wharton & Garrison, joins Dani Burger on "Bloomberg Deals."