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Visa plans to cut 7% of its workforce, or ‌about 2,600 jobs, Bloomberg News reported ‌on Tuesday, citing a staff memo, as the payments ​processor seeks to become more efficient in a challenging industry. AI has ⁠helped cut repetitive tasks and speed up product development, but it ⁠was not the sole factor behind the decision, Bloomberg reported, citing a person ​familiar with ​the company's reasoning. Earlier this year, peer Mastercard announced plans ‌to lay off 4% ​of its global workforce, ​citing the ​need to refocus investments in different ‌areas.

Crypto stocks a little squishy early on Tuesday.

Investing.com -- Bank of America expects the Federal Reserve to hold interest rates at its July meeting, and warned in a note on Tuesday that a surprise hike would break with decades of precedent.

PayPal CEO Enrique Lores said the company remains "open and objective in evaluating opportunities" related to selling the company, though its focus is on its turnaround plan. "If we see levers or a path that we believe would create superior value for our shareholder than executing our current strategy, we would of course carefully consider them," he said on the company's earnings call this morning.

As CVX gears up to report second-quarter earnings on July 31, let's find out how the expectations stack up. Also, know how to play the stock ahead of results.

Moby summary of Brown & Brown, Inc.'s Q2 2026 earnings call

Moby summary of Cadence Design Systems, Inc.'s Q2 2026 earnings call

Moby summary of F5, Inc.'s Q3 2026 earnings call

Moby summary of Kilroy Realty Corporation's Q2 2026 earnings call

Moby summary of Celestica Inc.'s Q2 2026 earnings call

Moby summary of Amkor Technology, Inc.'s Q2 2026 earnings call

Investors may focus more on takeover talks than second-quarter results.

During the quarter, Coca-Cola was able to tap into health-conscious consumers, who may have leaned into America 250 and FIFA World Cup celebrations.

Coffeehouse chain Starbucks (NASDAQ:SBUX) will be announcing earnings results this Wednesday after market close. Here’s what to look for.

Qualcomm Earnings Loom as Wall Street Braces for AI Reality Check

(Bloomberg) -- One of this year’s hottest themes in the stock market has been the crowds of traders chasing the recipients of all the planned spending on new artificial-intelligence data centers. Most Read from BloombergNvidia’s $750 Billion in Deals Reignite Circular AI FearsChip Rout Deepens on Circular Funding, China Competition FearsCitadel Securities Sees Warsh Delivering Surprise Fed HikeDeepSeek Suspends Fundraising After Viral US-China PostsS&P 500 Wobbles as AI Angst Offsets Oil Decline

Corning (GLW) delivered earnings and revenue surprises of +2.63% and +2.94%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Shares face another test as a major lock-up expiry approaches

Amazon.com stock has pulled back recently but still sits on a strong 73.1% gain over the past three years, while the current valuation checks suggest the shares screen as attractively priced on several metrics. With earnings in focus again and big spending plans in areas like AI and logistics, investors are weighing how much of Amazon.com's growth story is already reflected in the share price. Over the last three years, Amazon.com has delivered a 73.1% return, which puts recent short term...

Meta Stock Faces Big Test as AI Spending Hits Center Stage

Meta will report its Q2 earnings after the bell on Wednesday.

Johnson & Johnson has agreed to pay $5.5 billion to tie up remaining lawsuits that claim its talc products caused ovarian cancer. The drugmaker, which has been fighting talc-related lawsuits for more than a decade, said that the settlement is conditioned on at least 95% of remaining claimants participating. A U.S. bankruptcy court judge denied a $9 billion settlement proposed by company subsidiary Red River Talc last year that would have been one of the biggest mass tort settlements in history.

Union Pacific and Norfolk Southern have added new customer assurances to their merger application filing. The post Union Pacific, Norfolk Southern add new customer protections as STB merger review advances appeared first on FreightWaves.

Microsoft will report its Q4 earnings after the bell on Wednesday.

Rescue operations were under way at a shopping mall after a strong earthquake struck southern Japan.

Investing.com - U.S. stock futures were mixed on Tuesday as renewed concerns over artificial intelligence spending weighed on semiconductor stocks ahead of a pivotal week featuring mega-cap technology earnings and the Federal Reserve’s latest interest rate decision.

SINGAPORE, July 28 (Reuters) - Brookfield Asset Management expects about 6.5 gigawatts of data-centre capacity for artificial intelligence to come online in India over the next five years, a senior

Corning surpasses expectations with its second-quarter earnings, but the stock falls on in-line guidance.

Wall Street analysts are busy reshuffling their ratings ahead of the Fed meeting, with surprise double-upgrades, dramatic target cuts, and fresh initiations spanning surgical robots to cybersecurity. Find out which names made the biggest moves today.

The stock fell for the 13th time in 16 sessions on Monday, closing at $113.50 — roughly half its June peak