Dow Jones Top Company Headlines at 9 PM ET: Samsung's Chip Earnings Push Net Profit to Record | Microsoft ...

Samsung's Chip Earnings Push Net Profit to Record

Samsung Electronics' net profit surged 14-fold in the second quarter, as a stellar performance by its core semiconductor division, helped the technology titan extend its streak of record earnings.

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Microsoft Profit Jumps 31% as Azure Cloud Sales Surpass $100 Billion

Microsoft's earnings report includes signs that AI-revenue growth is accelerating and that spending on data centers will continue.

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Meta Stock Drops 10% on Steeper AI Costs, Missed Forecast

An update on the company's AI spending plans and the shrinking of free cash flow to less than $1 billion heightened scrutiny on the cost of its infrastructure build-out.

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Johnson Johnson Comes to Strategic Agreement with Sail Biomedicines

Under the agreement, Johnson Johnson would make total initial payments of $785 million, and has the exclusive option to acquire Sail for $2.58 billion.

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Hot Market for Used Cars Pushed Carvana to Record Profit

The used-car retailer reported sales were up nearly 40% over last year as the price of new cars rises.

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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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MGM Resorts Revenue Edges Up, Driven by Las Vegas Strip

The hotel and casino company said revenue from MGM's resorts on the Las Vegas Strip rose 3% to $2.2 billion.

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Pilgrim's Pride Reports Lower Profit, Sales

The chicken and pork manufacturer logged a profit of $13.4 million in the second quarter, citing commodity market pricing reductions.

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Sturm Ruger Swings to Profit as Firearms Demand Drives Revenue Growth

The Southport, Conn.-based firearms maker said sales growth was driven by higher product demand, improved product mix and a 10% increase in average selling price to $384.

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Chipotle Stock Rises After Earnings Edge Past Estimates

Chipotle Mexican Grill managed to beat earnings and revenue estimates, but margins and labor pose a challenge for the burrito chain.

(END) Dow Jones Newswires

July 29, 2026 21:00 ET (01:00 GMT)