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A U.S. Senate panel has launched an investigation into Amazon regarding alleged negligence and Chinese influence within its online platform.

(Bloomberg) -- Uber Technologies Inc. said it has cut 10% of jobs within its customer service operations as part of a broader effort to simplify its ranks and “embrace artificial intelligence.” Most Read from BloombergTrump’s 100% Generic Drug Duty Threatens US Low-Cost SupplyApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple to Launch ‘Upgrade’ Device Leasing Program With Klarna to Spur SalesTrump Extends Pardons to

The tech giant lowered its sales forecast after a soft quarter but maintained confidence that AI will fuel long-term growth.

Technology and consulting giant IBM (NYSE:IBM) fell short of the market’s revenue expectations in Q2 CY2026 as sales only rose 1.1% year on year to $17.16 billion. Its non-GAAP profit of $2.93 per share was in line with analysts’ consensus estimates.

The latest trading day saw General Dynamics (GD) settling at $373.16, representing a +1.48% change from its previous close.

In the latest trading session, Hercules Capital (HTGC) closed at $15.93, marking a -1.24% move from the previous day.

Upstart Holdings, Inc. (UPST) closed the most recent trading day at $28.64, moving 2.15% from the previous trading session.

Oscar Health, Inc. (OSCR) reached $29.5 at the closing of the latest trading day, reflecting a -4.13% change compared to its last close.

In the latest trading session, KLA (KLAC) closed at $214.69, marking a -1.32% move from the previous day.

Bloom Energy (BE) closed at $218.22 in the latest trading session, marking a -3.55% move from the prior day.

In the closing of the recent trading day, Cadence Design Systems (CDNS) stood at $337.02, denoting a -2.21% move from the preceding trading day.

Unity Software Inc. (U) concluded the recent trading session at $29.27, signifying a -2.01% move from its prior day's close.

In the most recent trading session, Zscaler (ZS) closed at $142.26, indicating a -4.34% shift from the previous trading day.

In the closing of the recent trading day, Powell Industries (POWL) stood at $240.68, denoting a -1.52% move from the preceding trading day.

Hims & Hers Health, Inc. (HIMS) closed the most recent trading day at $31.68, moving 3.21% from the previous trading session.

In the most recent trading session, Robinhood Markets, Inc. (HOOD) closed at $104.37, indicating a -1.87% shift from the previous trading day.

Meta Platforms (META) concluded the recent trading session at $627.17, signifying a -2.58% move from its prior day's close.

In the most recent trading session, e.l.f. Beauty (ELF) closed at $79.03, indicating a -1.09% shift from the previous trading day.

In the most recent trading session, Boeing (BA) closed at $208.65, indicating a +1.88% shift from the previous trading day.

AppLovin (APP) closed the most recent trading day at $412.48, moving 3.78% from the previous trading session.

Tesla (TSLA) delivered earnings and revenue surprises of -34.00% and +9.41%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

The carrier said it now expects full-year adjusted earnings per share of $3.25 to $4.25, compared with its forecast from January for at least $4.

Google and Tesla headlined earnings late after stocks largely retreated Wednesday amid rising oil prices and Treasury yields.

Pfizer (PFE) is back in focus after Arbutus Biopharma and Genevant Sciences expanded their patent litigation over mRNA lipid nanoparticle technology, adding new international cases that raise legal and operational questions for the company’s COVID-19 vaccine business. See our latest analysis for Pfizer. The legal headlines around Pfizer’s mRNA vaccine coincide with a mixed price pattern, with the stock showing a 1-day share price return of 0.77% and a 7-day share price return of 2.85%, but a...

(Updates with index/price moves and company/geopolitical news from the first paragraph.) US equit

GE Vernova's $24 Billion Order Boom Isn't Enough to Stop the Selloff

Tesla reported weaker-than-expected quarterly profits on Wednesday, citing a hit from lower vehicle prices despite increased auto sales. But the company's earnings press release said profitability was dented by lower vehicle sales prices, lower revenue from regulatory credits and an unspecified "vendor cell issue" that led to an increase in "energy warranty-related charges."

The reductions follow January's company-wide layoffs

Palantir Falls as Investors Cash Out Ahead of Critical Earnings Report

IBM's Q2 prerelease for results last week had already lowered expectations for Wednesday's results.