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Dow Jones Top Company Headlines at 5 PM ET: Microsoft Profits Jump 31% as Azure Cloud Sales Surpass $100 Billion | Meta ...

Dow Jones Top Company Headlines at 5 PM ET: Microsoft Profits Jump 31% as Azure Cloud Sales Surpass $100 Billion | Meta ...

Dow JonesDow Jones2026/07/29 21:00
By:Dow Jones

Microsoft Profits Jump 31% as Azure Cloud Sales Surpass $100 Billion

Software giant ends fiscal year with $90 billion in quarterly sales, beats Wall Street expectations.

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Meta Misses Revenue Forecast, Stock Slides on AI Costs

An update on the company's AI spending plans and the shrinking of free cash flow to less than $1 billion raised concerns from investors about the cost of its infrastructure buildout.

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Qualcomm Profit Declines, Dented by Higher Costs

The semiconductor company gave a soft outlook for the current quarter and warned of price increases.

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Arm Posts Higher Revenue, Profit as AI Demand Drives Growth

The company reported a higher first-quarter profit of $270 million as demand for its chip designs exceeded expectations.

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L3Harris Raises Guidance on Higher Profit, Revenue

The defense contractor said it now expects full-year earnings between $11.80 and $12.00 a share, up 40 cents from the company's previous guidance.

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Robinhood Beats Expectations on Surging Revenue, But the Crypto Slump Continues

The mobile trading platform reported $1.3 billion in second quarter revenue, up 32.5%.

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Canadian Pacific Kansas City Profit Falls, Chair Retires

The railroad operator named Gordon Trafton, board member since 2017, as Isabelle Courville's replacement.

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Procter Gamble Gives Soft Outlook as Iran War Drives Up Costs

Procter Gamble gave a soft outlook for its new fiscal year, as it expects to take a $1 billion hit from higher costs related to the Iran war.

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Airbus Logs Strong Earnings, Flags Confidence After Boost in Deliveries

The European plane maker said adjusted earnings before interest and taxes-its preferred measure of profitability-jumped 54% on year to €2.43 billion.

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FTC Sues Hims Hers, Alleging Unlawful Sharing of Data, Deceptive Billing

According to the suit, Hims Hers shared lists of certain customers, and the actions of visitors on its website, with advertisers such as Meta and Snap, even though it claimed its service maintains consumers' privacy.

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GE HealthCare Says Increased Orders, Healthy Demand Lifted Revenue

The medical-technology company's revenue came in at $5.3 billion in the second quarter, boosted by an 11% increase in total orders.

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Campari Confirms 2026 Sales View as Aperitif Demand Offsets U.S. Bourbon Slump

The group behind Aperol and Campari bitters recorded 2.5% organic sales growth in the quarter through June, with its core aperitifs business booking 4% growth.

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Renault Reports Higher Revenue

Renault reaffirmed its full-year outlook and said cost-cutting efforts were bearing fruit after reporting revenue growth in the first half of the year.

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Boston Scientific Cuts View on Unexpected Watchman Heart Implant Challenges

Boston Scientific cut its full-year outlook after two of its core heart-disease products faced unexpected challenges in the second quarter.

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Brookfield, NextEra to Develop $100 Billion Data Center Campus in Kentucky

A partnership of energy, infrastructure and utility companies plan to develop a data center campus on the Energy Department's Paducah site in western Kentucky, repurposing the land as part of a privately-funded project.

(END) Dow Jones Newswires

July 29, 2026 17:00 ET (21:00 GMT)

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