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Rheinmetall trimmed its 2026 sales guidance by 300 million euros after Germany cancelled its F126 warship program, though the defense firm still posted 39% sales growth in the first half.
Fox Corp. reported advertising revenue surged 78% to $1.92 billion, driven largely by FIFA World Cup coverage this summer and growth in its free streaming service Tubi.
Grindr reported second-quarter revenue of $138 million, up 33% year-over-year, as its artificial intelligence strategy drives both new premium subscription tiers and improved engineering productivity.
Sweetgreen cut its full-year sales outlook due to consumer concerns about fresh produce amid an ongoing cyclospora outbreak, with shares falling over 15% in extended trading.
Berkshire Hathaway’s operating earnings rose 16% in the second quarter as CEO Greg Abel began deploying the company’s massive cash reserves through buybacks and stock purchases.
Mineralys Therapeutics reported a widened second-quarter net loss of $241.1 million, driven by a $200 million Tanabe royalty repurchase, while advancing commercial preparations for its hypertension drug lorundrostat ahead of a December 22 FDA decision.
