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Netflix stock fell over 7% after the company reported second-quarter earnings in line with expectations but disappointed with its forward guidance and announced plans to reduce engagement metric disclosures.
General Motors raised its 2026 earnings guidance after beating second-quarter expectations, citing resilient consumer demand, stable vehicle pricing, and narrowing EV losses as it completes a multibillion-dollar electric vehicle pullback.
Super Micro Computer’s stock surged 15% after the server maker disclosed higher-than-expected margins for its June quarter and reported record backlog levels with over $60 billion in new orders.
Alphabet reported record quarterly profit of $112.1 billion, though $77.1 billion came from investment gains rather than actual business earnings, while negative free cash flow signals AI spending strain.
Clearwater Paper launched Circa paperboard in the US through a collaboration with Greenpaper, offering coated recycled board options for folding carton and carrier applications.
Stacey Pool, former Noodles & Company chief marketing officer, joined Ziggi’s Coffee as chief growth officer to lead expansion during the chain’s 10th year of franchising.