TeamViewer Shares Fall Despite Profit Growth as ARR and Customer Base Decline 
OpenAI Revenue Surges After GPT-5.6 Launch as IPO Expectations Grow 
SK Hynix Q2 Profit Hits Record as AI Memory Chip Demand Fuels Growth 
Standard Chartered Beats Profit Forecasts as First-Half Earnings Rise 9% 
Philips Shares Slide 10% Despite Earnings Beat as Weak Orders Raise Growth Concerns 
Qualcomm Stock Falls as Weak Q4 Forecast, Apple Revenue Decline Overshadow AI Data Center Growth 
X Challenges Australia’s Expanded Social Media Ban Enforcement Powers 
Microsoft Stock Jumps as Azure Growth, AI Revenue Beat Expectations 
Rio Tinto Stock Jumps as Strong Earnings, Higher Dividend and AI Metal Demand Boost Outlook 
Meta CEO Zuckerberg Opposes U.S. Ban on Chinese AI Models, Warns Against Overregulation 
GSK Unveils $2.52 Billion Cost-Cutting Plan to Accelerate Drug Pipeline 
Sony Eyes $1.3 Billion Tamron Acquisition as Lens Maker Reviews Offer 
SpaceX Wins $1.6 Billion U.S. Space Force Launch Contracts for Falcon 9 Missions Through 2027 
Exosens H1 Profit Beats Forecasts as Defense Demand Drives Growth 
Chipotle Q2 Earnings Beat Expectations as Sales Growth Drives Higher 2026 Outlook 
Robinhood Q2 Earnings Beat Estimates, But HOOD Stock Falls as Investors Question Profit Quality 
General Electric will sell its lighting business to Savant Systems, a Massachusetts tech firm specializing in smart homes.
The two companies have signed an agreement but are yet to complete the transaction, which is expected to close later this year.
They have not yet disclosed the financial terms of the deal.
Under the proposed deal, GE Lighting's headquarters will remain in Cleveland, and Savant would absorb its 700-plus employees upon completion of the sale.
Savant would get to use GE brand under a long-term licensing agreement.
Savant smart-home portfolio spans security, climate, whole-house entertainment, and energy management.
According to GE CEO H. Lawrence Culp Jr., the sale would allow the company to narrow its attention to the downsized and streamlined conglomerate's core products.
