PulteGroup earns $2.48 per share in Q2
PulteGroup (NYSE:PHM) reported second-quarter net income of $472 million, or $2.48 per share, on $3.8 billion in home sale revenue.
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Technology
AT&T Q2 revenue rallies 2.3% to $31.6 billion
AT&T (NYSE:T) reported second-quarter revenue of $31.6 billion, up 2.3%, as fiber and wireless customer growth supported higher earnings.
Greenwich LifeSciences adds up to 10 UK sites
Greenwich LifeSciences (NASDAQ:GLSI) received UK regulatory approval to add an estimated 5–10 sites to its Phase III FLAMINGO-01 breast cancer trial.
Technology
Otis Q2 sales rise 7% to $3.9 billion
Otis Worldwide (NYSE:OTIS) reported second-quarter sales of $3.86 billion, up 7%, as Service growth offset weaker New Equipment profitability.
Technology
TE Connectivity posts record $5.16 billion sales
TE Connectivity (NYSE:TEL) reported record fiscal third-quarter sales of $5.16 billion, up 14% year over year and 12% organically.
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BOJ Is Said to Be Open to Faster Pace of Rate Hikes as Yen Weakness Continues
Bank of Japan officials are reportedly open to raising interest rates at a faster pace than the consensus among economists, with no pre-set course in mind, as the yen's continued weakness adds to upside inflation risks. Morwenna Coniam reports on Bloomberg Television.
Retail
Cal-Maine posts $35.9 million quarterly loss
Cal-Maine Foods (NASDAQ:CALM) reported $552.6 million in fourth-quarter sales and a $35.9 million loss, or $0.76 per share.
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Repligen in discussions to buy BioLife in $1.5 billion deal
Repligen (NASDAQ:RGEN) agreed to acquire BioLife Solutions (NASDAQ:BLFS) in a cash-and-stock transaction valued at approximately $1.5 billion.
Transport and logistics
Joby signs Virgin Atlantic UK air taxi deal
Joby Aviation (NYSE:JOBY) signed a multi-year agreement making Virgin Atlantic its exclusive UK airline partner for air taxi services.
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Schroders CIO Says Quality Stocks Are 'Looking Cheap'
Schroders Group CIO Johanna Kyrklund discusses the artificial intelligence trade and why she sees value in quality. "Why are those quality stocks cheap is in many cases they've been caught up with this AI disruption story," Kyrklund says on Bloomberg Television. "It's the other side of the AI trade."
Technology
JD.com faces EU charges over $2.5 billion bid
EU regulators will formally outline subsidy concerns against JD.com (NASDAQ:JD) over its $2.5 billion bid for Ceconomy.
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OpenAI Says Its Models Hacked Hugging Face by Mistake
ChatGPT-maker OpenAI said its advanced artificial intelligence models inadvertently hacked Hugging Face Inc. in an "unprecedented" incident that prompted fresh calls for curbs on the technology. Bloomberg Intelligence's Matt Bloxham has the details.