Business

S&P 500, Nasdaq futures edge higher ahead of Fed decision; chip stocks wobble

Wednesday, July 29 by SRN News

By Johann M Cherian and Ragini Mathur July 29 (Reuters) - S&P 500 and Nasdaq futures inched higher on Wednesday as investors awaited the Federal Reserve's monetary policy verdict against a backdrop of simmering Middle East tensions, while chip stocks struggled ahead of Big Tech... Read More.

P&G forecasts muted 2027 as tighter consumer spending hurt demand

Wednesday, July 29 by SRN News

By Juveria Tabassum and Alexander Marrow July 29 (Reuters) - Procter & Gamble forecast slower revenue growth in fiscal 2027 after quarterly sales missed estimates due to uneven demand in categories such as grooming and oral care from a "very challenging geopolitical and economic environment". Higher... Read More.

General Dynamics tops results estimates on aerospace and marine strength

Wednesday, July 29 by SRN News

July 29 (Reuters) - General Dynamics on Wednesday beat Wall Street estimates for second-quarter profit and revenue, driven by strength in its aerospace and marine segments. The defense contractor reported quarterly per-share profit of $4.24, compared with analysts' estimate of $3.97, according to data compiled... Read More.

Nvidia partner ChipAgents raises $60 million to accelerate chip design with AI agents

Wednesday, July 29 by SRN News

By Max A. Cherney LONG BEACH, California, July 29 (Reuters) - Chip design startup ChipAgents expanded its Series A financing with a $60 million infusion to further fund its plans to speed up semiconductor design through the use of AI agents, its chief executive said. ChipAgents... Read More.

Bunge posts Q2 earnings beat on strong crush margins, raises 2026 outlook

Wednesday, July 29 by SRN News

By Karl Plume and Katha Kalia July 29 (Reuters) - U.S. agribusiness Bunge Global raised its full-year adjusted profit forecast on Wednesday as it beat Wall Street estimates for second-quarter earnings on robust processing margins for soybeans and other oilseeds and strong demand. Soaring crude... Read More.

Thousands of Audi workers protest over threatened plant closure

Wednesday, July 29 by SRN News

By Frank Simon and Andreas Buerger NECKARSULM, Germany, July 29 (Reuters) - Thousands of Audi workers demonstrated on Wednesday against the possible closure of the German automaker's Neckarsulm plant as parent Volkswagen pushes ahead with a group overhaul expected to include tens of thousands of... Read More.

Brookfield, NextEra to develop $100 billion data center campus in Kentucky, source says

Wednesday, July 29 by SRN News

July 29 (Reuters) - Brookfield Asset Management and NextEra Energy are developing a $100 billion data center campus in Paducah, Kentucky, a person familiar with the matter said on Wednesday. (Reporting by Vallari Srivastava in Bengaluru; editing by Tasim Zahid) Brought to you by Read More.

The 5 best midsize three-row SUVs, according to Edmunds

Wednesday, July 29 by SRN News

Size, space and utility have made the three-row SUV a mainstay of American family life. But with more than dozen mainstream models on the market, choosing one can feel daunting. Thankfully, Edmunds has tested them all and identified the five best midsize three-row SUVs.... Read More.

BMW to cut several thousand jobs in latest blow to German auto sector

Wednesday, July 29 by SRN News

By Christina Amann and Rachel More BERLIN, July 29 (Reuters) - BMW said on Wednesday it will cut several thousand jobs in Germany by the end of 2027 under a voluntary redundancy programme, the latest German carmaker to axe staff in response to squeezed profits... Read More.

Russia charges Telegram founder Pavel Durov with aiding terrorism and puts him on wanted list

Wednesday, July 29 by SRN News

Russia's main domestic security agency said Wednesday that Pavel Durov, founder and owner of the messaging app Telegram, has been charged with aiding terrorism and put on an international wanted list. The charges against Durov, who was born and began his career in Russia... Read More.

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Current Weather

S&P 500, Nasdaq futures edge higher ahead of Fed decision; chip stocks wobble

P&G forecasts muted 2027 as tighter consumer spending hurt demand

General Dynamics tops results estimates on aerospace and marine strength

Nvidia partner ChipAgents raises $60 million to accelerate chip design with AI agents

Bunge posts Q2 earnings beat on strong crush margins, raises 2026 outlook

Thousands of Audi workers protest over threatened plant closure

Brookfield, NextEra to develop $100 billion data center campus in Kentucky, source says

The 5 best midsize three-row SUVs, according to Edmunds

BMW to cut several thousand jobs in latest blow to German auto sector

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