Spotify revenue jumps 14% to €4.78 billion
Spotify Technology (NYSE:SPOT) reported second-quarter revenue of €4.78 billion, net income of €545 million and 300 million premium subscribers.
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Spotify Technology (NYSE:SPOT) reported second-quarter revenue of €4.78 billion, net income of €545 million and 300 million premium subscribers.
Leidos (NYSE:LDOS) reported $4.56 billion in second-quarter revenue, marking a 7% increase from the previous year.
HSBC Holdings (NYSE:HSBC) reported second-quarter pretax profit of $10.1 billion, up 60%, and launched a $1 billion share buyback.
"We have not changed our conviction in the overall AI thesis," BlackRock Global Chief Investment Strategist Wei Li tells Bloomberg Television. She adds that risks of commoditization and capital capacity have risen in recent weeks. "We're not adding to our conviction, but we're staying overweight," she says.
SRX Global acquired an undisclosed Vistagen Therapeutics (NASDAQ:VTGN) stake on August 4, adding a late clinical-stage neuroscience investment.
L3Harris Technologies (NYSE:LHX) completed the $845 million sale of a majority stake in its commercial space propulsion, power and electronics businesses to AE Industrial Partners.
BP (NYSE:BP) reported a second-quarter 2026 underlying replacement cost profit of $5.7 billion, comfortably beating analyst expectations.
ADTRAN Holdings (NASDAQ:ADTN) reported second-quarter 2026 revenue of $281.1 million, marking a 6.1% year-over-year increase driven by demand in its optical networking business.
IQM Quantum Computers (NASDAQ:IQMX) reported EUR 8.9 million in first-half 2026 revenue alongside a EUR 60.5 million operating loss.
Wix (NASDAQ:WIX) reported a second-quarter 2026 revenue of $563.1 million, representing a 15% year-over-year increase.
Paramount Skydance Corporation (NASDAQ:PSKY) reported second-quarter revenue of $6.913 billion, up 1%, while adjusted EBITDA rose 27% to $1.099 billion.
Prologis (NYSE:PLD) agreed to acquire SEGRO for approximately $18.8 billion to create a global real estate platform.
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