Meta Agrees to $12–17 Billion Settlement Over Claims Its Platforms Harmed Young Users
Meta’s $12–17B settlement imposes strict teen rules (2-hour limits, night blocks) while covering massive legal costs across 47 states.
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Abercrombie Stock Jumps After Q2 Beat and Guidance Raise
Abercrombie posted record Q2 sales of $1.27B, up 5% vs consensus, and raised full-year sales, EPS and margin guidance on resilient demand.
Kohl’s Sales Miss as Shoppers Stay Cautious; Profit Forecast Raised After Tariff Refunds
Kohl's Q2 sales of $3.32B missed estimates; EPS $1.28 beat forecasts. Raised FY outlook to $1.80-$2.40 after $150M tariff refunds.
Target Hospitality Lands $250M Contract for West Texas Data Center Housing
Target Hospitality signed a multi-year deal expected to generate $250M through 2030 to house 1,100 workers at a West Texas data center. Outlook raised.
XPeng Bets Big on Humanoid Robots: Could Iron Out-Earn Its Cars?
XPeng’s robotics unit eyes 50%+ margins with Iron. $900M raised, Unitree leads, analysts upgrade XPEV as mass production nears.
UBS Upgrades SolarEdge to Buy After FCC Inverter Import Ban
UBS upgraded SolarEdge to Buy, citing the FCC inverter ban as a potential boost, while weak U.S. solar demand remains a risk.