Tech
Palantir revenue jumps 93% to $1.94 billion
Palantir Technologies (NASDAQ:PLTR) reported Q2 revenue of $1.94 billion, up 93%, as its U.S. business generated $1.57 billion.
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Vertex hits $3.33 billion as revenue growth accelerates
Vertex Pharmaceuticals (NASDAQ:VRTX) reported Q2 revenue of $3.33 billion, up 12%, as its CF and newer treatments generated growth.
Boeing 737-7 gains FAA certification approval
Boeing (NYSE:BA) received FAA certification for the 737-7, clearing the smallest 737 MAX variant for commercial service.
Tech
Broadcom loses EU bid over legal documents
Broadcom (NASDAQ:AVGO) lost its court bid to suspend an EU antitrust request for U.S. legal documents related to VMware.
Tech
Carrier completes NORESCO sale to OPTERRA
Carrier Global (NYSE:CARR) completed the sale of NORESCO to OPTERRA Energy Services, transferring the business to an LS Power subsidiary.
Visa to buy BioCatch for $2.4 billion
Visa (NYSE: V) agreed to acquire the AI-powered fraud detection firm BioCatch for $2.4 billion in cash.
This transaction follows Visa's earlier investment of over $13 billion toward technology and infrastructure upgrades over the preceding five years.
Tech
Alexander’s net income reaches $155.4 million
Alexander’s (NYSE:ALX) reported Q2 net income of $155.4 million, or $30.24 per diluted share, following a major property-sale gain.
Markets await US jobs data and crypto earnings
Cryptocurrency markets are approaching a potentially pivotal week, with the August US non-farm payrolls report and a cluster of corporate earnings releases from crypto-sector firms expected to test the recent period of price stability.
Giftify gross billings rise 26% to $45.5 million
Giftify (NASDAQ:GIFT) reported Q2 gross billings of $45.5 million, up 26.2%, while net sales increased 4.0% to $21.7 million.
Tech
Avista net income rises to $35 million
Avista (NYSE:AVA) reported Q2 GAAP net income of $35 million, up from $14 million, while diluted EPS reached $0.43.