Coca-Cola Raises Full-Year Forecasts After FIFA World Cup Boosts Sales
FIFA World Cup, zero-sugar drinks and fairlife drive 5% volume growth and beat estimates.
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Despite Q2 Beat and Raised Outlook, UPS Sees Flat Domestic Revenue in Third Quarter
Stronger Q2 results and raised full-year outlook to $91.2B revenue help UPS shares rise as the company shifts to higher-margin packages.
J&J Agrees to $5.5 Billion Settlement to End Decade of Talc Cancer Lawsuits
Johnson & Johnson agrees to pay $5.5 billion to settle ~76,000 lawsuits claiming its talc baby powder caused ovarian cancer, ending 10+ years of litigation.
Curium in Advanced Talks to Acquire Lantheus for About $7 Billion
Curium is in advanced talks to buy Lantheus for ~$7B ($102/share + $12.50 CVRs). Announcement possible soon; no final deal confirmed yet.
Applied Digital Beats Q4 Estimates as $20 Billion AI Data Center Leases Drive Explosive Growth
Total contracted load hits 1.4 GW.
Cadence Reports Record $8.1 Billion Backlog and Lifts Full-Year Outlook
Cadence beats Q2 expectations with $2.11 EPS and $1.58B revenue.