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Ad Holding Companies Under 'Gathering Clouds' as Some See Client Slowdown
Interpublic Group of Cos., Publicis Groupe and Omnicom Group, three of the biggest advertising holding companies, reported second-quarter earnings this week. Source link
J&J Revenue Up on Surge in Heart Procedures
Net earnings at the pharmaceutical company rose 6.9% to $5.14 billion, or $1.96 a share. Source link
Facing Big Storm Losses, Insurers Aim to Boost Rates
Severe storms that brought hail and high winds to places such as Texas and states in the central U.S. are wreaking havoc on insurers’ profits.
Insurers Aim to Boost Rates
Severe storms that brought hail and high winds to places such as Texas and states in the central U.S. are wreaking havoc on insurers’ profits.
Home Sales Fall Amid High Mortgage Rates, Low Supply
Existing home sales, which make up most of the housing market, decreased 3.3% in June from the prior month to a seasonally adjusted annual rate
Tesla's AI Hype Collides With Reality
Elon Musk leaned into perceptions of Tesla as a leader in artificial intelligence on Wednesday’s earnings call, but didn’t signal concrete progress on self-driving technology
American Airlines Raises Profit Outlook as Demand for Trips Abroad Heats Up
The airline said quarterly sales rose almost 5% from a year ago and above analysts’ expectations. Source link
TSMC Delays Start of First Arizona Chip Factory, Citing Worker Shortage
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Tesla's AI Hype Collides With Reality
Elon Musk leaned into perceptions of Tesla as a leader in artificial intelligence on Wednesday’s earnings call, but didn’t signal concrete progress on self-driving technology
Johnson & Johnson Rips Off the Kenvue Band-Aid
A surprisingly early distribution and a stretched valuation hit J&J’s consumer health arm hard. Source link