
Block (XYZ) Ups Full-Year Outlook on Strong Q2 Driven by Cash App and Square
Block (XYZ) raises full-year outlook after Q2 gross profit jumps 25% YoY to $3.17B, driven by Cash App and Square growth, beating Wall Street estimates.

Block (XYZ) raises full-year outlook after Q2 gross profit jumps 25% YoY to $3.17B, driven by Cash App and Square growth, beating Wall Street estimates.

Honeywell Aerospace shares plunged 11% after reporting weak second-quarter results and cutting its full-year outlook due to supply chain constraints, marking a difficult start as a standalone company.

Eli Lilly reported better-than-expected Q2 2026 results with revenue up 48% to $22.97 billion, driven by its GLP-1 portfolio including Zepbound and Mounjaro, prompting the company to raise its full-year revenue guidance.

DuPont reported solid second-quarter results with revenue of $1.82 billion and adjusted EPS of $1.88, beating consensus estimates. However, the company issued soft guidance for the second half of the year, influenced by Middle East disruptions affecting its water business.

SpaceX reported a smaller-than-expected loss of $541 million and a 90% jump in quarterly revenue to $7.8 billion in its first results as a public company, driven by soaring Starlink subscribers and increased AI spending.

Top scorers admitted to the University of Hong Kong's medical school aim to combine clinical practice with medical research, inspired by personal mentors and a desire to contribute to society.
Western Australia's NAPLAN results reveal year 9 students outperforming national averages across all categories, while 40 per cent of year 3 students struggle with numeracy and younger cohorts largely rank below national averages.
India head coach Gautam Gambhir faces high pressure ahead of a two-Test series in Sri Lanka as the team struggles in Test cricket and risks missing another WTC final.

Disney reported mixed fiscal third-quarter results, surpassing Wall Street earnings expectations at $2.06 per share while slightly missing revenue estimates at $25.25 billion, driven by growth in its parks and streaming segments.
The Primary School in East Palo Alto, co-founded by Dr Priscilla Chan, is closing after the Chan Zuckerberg Initiative decided to halt funding. The school combined education, healthcare, and family support for low-income children.

Scottish exam pass rates increased across Nationals, Highers, and Advanced Highers, with record vocational qualifications and university acceptances, though poverty-related attainment gaps persist.

A father shares his emotional turmoil as his 12-year-old son undergoes a clinical trial for recurring cancer, just as prediction market Kalshi moves to allow financial bets on FDA decisions and clinical trial results.

Jeff Bezos filed plans to sell roughly 15 million Amazon shares valued at about $4.1 billion following record stock highs driven by strong quarterly earnings and cloud growth.

McDonald's Q2 results were mixed, with US same-store sales rising 0.8% (below expectations) despite global sales growth of 1.3%. CEO Chris Kempczinski cited poor execution of value strategy and franchisee pricing issues. Skye Anderson takes over as US president to boost performance.

Ford Motor reports a 10.2% decline in July U.S. vehicle sales, attributing the drop to the intentional phase-out of select models (Ford Escape, Lincoln Corsair) and reduction of low-margin rental fleet sales by 96%, prioritizing retail sales of F-Series pickups amidst production recovery.

Qnity's Q2 revenue and adjusted EPS surpassed expectations, driven by strong demand for AI chips and interconnect solutions, with raised full-year guidance.
Global markets rallied as Wall Street hit new record highs driven by strong AI earnings and oil prices fell to a three-week low on Middle East de-escalation hopes. Meanwhile, SpaceX reported its first public earnings with a surge in revenue and AI spending.
A new study of over 2.5 million U.S. children finds no link between the MMR vaccine and autism, reinforcing existing safety data amid dropping vaccination rates and political debate involving health officials.

Australia's 2026 Naplan results reveal declining reading and writing scores across most year levels, with one in three students failing to meet benchmarks, while numeracy shows some national improvements.

Palantir reported a 93% year-over-year revenue increase to $1.94bn for the second quarter, beating Wall Street expectations and sparking a 10% surge in its share price.

BP reports $5.73bn quarterly profit, more than double last year's, driven by oil price hikes due to the Middle East conflict. Critics accuse BP of profiteering as energy costs soar globally.

Palantir Technologies reported 'otherworldly' quarterly results with revenue up 93% year-over-year, driving shares up over 14%. The company raised its annual forecast, citing strong demand from commercial and government clients, despite ongoing criticism over its links to the US and Israeli governments and its role in AI and warfare.
The UFC's 'Freedom 250' event, staged on the White House South Lawn, incurred a $30 million loss for parent company TKO Group Holdings, despite attracting a record 34 million global viewers, including 8.2 million in the US.

McDonald's reported mixed second-quarter results as U.S. same-store sales growth slowed. The company also announced Skye Anderson as the new president of its U.S. business, succeeding Joe Erlinger.