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Qualcomm shares have fallen over 30% since May despite a bullish Investor Day pivot toward data centers, with the July 29 earnings report seen as key to resolving the analyst divide.

<body><p>STORY: From Anthropic's class action settlement to the world AI conference in Shanghai... This is Tech Weekly.</p><p>:: Tech Weekly</p><p>A federal judge has approved Anthropic's $1.5 billion class action settlement...</p><p>the largest known in a U.S. copyright case.</p><p>A group of writers sued Anthropic in 2024, arguing that the company used pirated versions of their books without permission to train its Claude AI model.</p><p>The lawsuit is one of dozens brought by copyright owners against tech companies over the training of large language models.</p><p>Tennessee state has claimed Instagram's design is to blame for a youth mental-health crisis.</p><p>Meta Platforms went to court on Monday – one of several trials in the coming weeks...</p><p>on allegations that the company's social media platforms were intentionally built to be addictive.</p><p>The lawsuit claims Meta failed to disclose extensive internal research..</p><p>showing Instagram could harm teens.</p><p>A Meta spokesperson previously said in a statement that the company already has built-in controls to protect teens.</p><p>Ongoing conflicts shaped discussions at the Farnborough Airshow, one of the world's largest aerospace and defense&nbsp;gatherings.</p><p>The show brings together hundreds of companies across commercial aviation, propulsion and military technology...</p><p>from unmanned fighter jets and hypersonic missiles to spy satellites and AI-enabled weapons systems.</p><p>Defense companies made up half of a record 1,600 exhibitors at this year's show.</p><p>Apple overtook Nvidia to become the world's most valuable company...</p><p>reshuffling the top ranks of tech giants as investors reassess the outlook for AI.</p><p>The shift in the pecking order illustrates how investors are looking beyond the most obvious beneficiaries of the AI boom, such as Nvidia.</p><p>The 2026 World Artificial Intelligence Conference kicked off in Shanghai...</p><p>showcasing the shifting AI landscape with Chinese open-weight AI models making rapid gains against systems from U.S. companies such as OpenAI and Anthropic.</p><p>Huawei's Atlas 950 SuperPoD large-scale AI computing system made its public debut...</p><p>demonstrating China's efforts to produce tech without U.S. giant Nvidia's most advanced chips.&nbsp;</p><p>Li Tianyi was an exhibitor at the show.</p><p>"We work in AI applications, which are more on the software side. As far as foundation models are concerned, I think we're still slightly behind. But it's not a gap that can't be closed. At least after visiting the exhibition today, I feel confident that we can catch up with the U.S. in terms of foundation model capabilities within a relatively short period. Perhaps three to five years."</p><p>An entire hall of humanoid companies also showcased robots dancing, weight lifting and looking eerily human like.&nbsp;</p></body>

Investing.com -- Shares in 3M jumped after the industrial conglomerate reported second-quarter earnings that topped Wall Street expectations and raised its full-year profit guidance.

Find insight on Novartis, ResMed and more in the latest Market Talks covering the health care sector.

Gen Digital is set to report Q1 earnings next month, with analysts expecting double-digit EPS growth.

Tesla stock tumbled early Thursday after the EV maker reported mixed second quarter results that missed Wall Street expectations. However, its cash burn rate was less than expected. Investors may be looking for more on its physical AI build-outs.

Tesla reported mixed second quarter results that beat Wall Street expectations after the closing bell on Wednesday. But its cash burn rate was less than expected. Investors may be looking for more on its physical AI build-outs.

Tesla will report second quarter results after the closing bell on Wednesday. For the first time in a long while, the car business is not the problem, but increased cash burn could be.

Mobileye Global will supply Stellantis with cloud-driven advanced driver-assistance technology, the Israeli company said ‌on Tuesday, as automakers race to meet rising demand ‌for connected safety systems. The companies said select models from Stellantis, the parent of Jeep and Chrysler, will integrate Mobileye's Road Experience Management technology from 2027, using crowdsourced road data to improve ‌lane keeping and hands-free ⁠driving. ADAS has become one of the auto industry's fastest-growing technologies as carmakers race to offer ⁠increasingly sophisticated safety and convenience features and generate higher-margin software revenue.

GM reported its pre-tax profits for Q2 rose, but its net income was hit due to special charges related to EVs. CEO Barra said GM is on a good path.

General Motors reported better-than-expected second-quarter earnings on Tuesday. For the quarter, GM announced an adjusted operating profit of $3.9 billion from sales of $48 billion. Wall Street was looking for $3.7 billion and $47 billion, respectively.

Charles Schwab earnings for the second quarter are due early Tuesday, with Interactive Brokers following after the close. SCHW stock popped near a buy point on Monday. Both Charles Schwab (SCHW) and Interactive Brokers (IBKR) shared activity data showing huge growth in May and June. But their conversion of trading volumes into interest income and profit growth is under watch....

Google will report its second quarter earnings after the bell on Wednesday.

Investing.com -- Boeing has requested the U.S. government to push the European Union for details about a €3 billion ($3.43 billion) loan package to Airbus, according to a Reuters report Tuesday. The move brings back potential trade tensions after the two sides extended a tariff truce over jet subsidies.

ConocoPhillips is expected to unveil its second-quarter results next month, and analysts are projecting a triple-digit rise in profit.

Federal judge pauses merger pending antitrust reviewThe proposed merger between Paramount Skydance (NASDAQ:PSKY) and Warner Bros. Discovery (NASDAQ:WBD) has encountered a significant legal hurdle after a US federal judge temporarily halted the transaction, casting uncertainty over a deal valued at approximately $100 billion.

Trump threatens 50% tariffs on Canada, Paramount's Warner Bros deal hits pause, and more news to start your day.

(Bloomberg) -- China’s unemployment among young people could be headed for levels last seen more than three years ago, as a record number of graduates prepare to enter the labor market at a time when AI is threatening to displace more entry-level jobs.Most Read from BloombergYemen’s Houthis to Impose Maritime Blockade on Saudi ArabiaChina AI Sensation Moonshot’s Gamble on Big Models Pays OffMoonshot’s Kimi K3 May Be More About Memory Than ComputeUS Strikes Iran in Escalating Campaign After Troop

Investors are awaiting The Trade Desk's second-quarter earnings, with analysts forecasting a double-digit increase in the company's bottom-line earnings.

A ‌group backed ‌by BlackRock ​and Abu Dhabi-based fund MGX ‌on ⁠Tuesday committed an ⁠additional $5 billion ​in ​growth ​capital to ‌Aligned Data Centers, after acquiring one ‌of ​the ​world's ​biggest ‌data center operators. (Reporting ​by ​Jaspreet Singh ​in ‌Bengaluru; Editing ​by Tasim ​ZAhid)

Monster Beverage is set to report its fiscal second-quarter results shortly, with analysts forecasting a double-digit rise in earnings, underscoring expectations of continued profit momentum.

September S&P 500 E-Mini futures (ESU26) are up +0.57%, and September Nasdaq 100 E-Mini futures (NQU26) are up +1.39% this morning, pointing to a higher open on Wall Street as a rebound in chipmakers gained momentum.

Apple Inc.‘s (NASDAQ:AAPL) valuation has officially shattered records, trading at an unprecedented 11 times its sales revenue just as CEO Tim Cook prepares to oversee his final earnings report. The technology behemoth touched an intraday all-time high of $334.99 on Friday, July 17, reflecting surging investor optimism in artificial intelligence and pushing the company to its “highest valuation level in company history.” Artificial Intelligence Drives Sentiment Shift Apple’s recent stock surge on

Markets look ahead to a pivotal week for technology companiesUS equity futures traded higher on Tuesday as investors prepared for a busy earnings calendar led by major technology companies, while continuing to monitor escalating tensions in the Middle East and questions surrounding the sustainability of artificial intelligence investment. By 02:49 ET (06:49 GMT), Dow Jones futures had gained 170 points, or 0.

Enterprise workflow automation company ServiceNow (NYSE:NOW) will be reporting results this Wednesday afternoon. Here’s what to expect.

Plus, American AI execs sound the alarm on Chinese models, and Christopher Nolan breaks down the epic scene at the center of “The Odyssey.”

Tesla is expected to report its first quarterly cash burn in over two years on Wednesday, as its spending on AI and robotics soars, intensifying investor scrutiny over when those bets ‌will pay off. CEO Elon Musk has pivoted the electric-vehicle maker's focus from manufacturing cars to building so-called physical AI businesses ‌such as self-driving taxis and humanoid robots. However, investors are growing increasingly uneasy as spending on AI infrastructure, including data centers, and ​manufacturing capacity is projected to climb to $25 billion this year, outstripping quarterly cash generated by Tesla's core automotive and energy operations.

Mickey Mouse, meet Kraft Mac & Cheese. Kraft Heinz and Disney struck a deal that gives the food conglomerate a foothold in one of America’s most enduring entertainment empires. Under the multiyear partnership, Disney will serve Kraft Heinz products at its properties throughout North America, and Kraft Heinz will be able to use Disney’s characters on some goods in stores.

Defense stocks jumped as investors bet the former defense secretary will oversee an increase in the department’s spending.

Credit rating agency Moody's (NYSE:MCO) will be announcing earnings results this Wednesday before market hours. Here’s what you need to know.