Chipotle Q2 Earnings Beat Expectations as Sales Growth Drives Higher 2026 Outlook 
GSK Unveils $2.52 Billion Cost-Cutting Plan to Accelerate Drug Pipeline 
TeamViewer Shares Fall Despite Profit Growth as ARR and Customer Base Decline 
Unilever Raises 2026 Sales Outlook After Strong Q2 Volume Growth 
Stellantis Sells Free2move Car-Sharing Business to Mutares to Strengthen Core Auto Strategy 
Russia Charges Telegram Founder Pavel Durov With Facilitating Terrorism, Seeks International Arrest 
Meta CEO Zuckerberg Opposes U.S. Ban on Chinese AI Models, Warns Against Overregulation 
X Challenges Australia’s Expanded Social Media Ban Enforcement Powers 
TSMC Gradually Restarts Japan Chip Plant After Kumamoto Earthquake 
Sika Raises 2026 Sales Outlook After Strong First-Half Results Beat Expectations 
Starbucks Stock Jumps as Q3 Earnings Beat, Sales Growth Drives Higher 2026 Outlook 
SpaceX Wins $1.6 Billion U.S. Space Force Launch Contracts for Falcon 9 Missions Through 2027 
Zhongji Innolight Raises $6.8 Billion in Hong Kong IPO as AI Demand Fuels Growth 
SK Hynix Q2 Profit Hits Record as AI Memory Chip Demand Fuels Growth 
Qualcomm Stock Falls as Weak Q4 Forecast, Apple Revenue Decline Overshadow AI Data Center Growth 
Johnson & Johnson Proposes $5.5 Billion Talc Settlement to Resolve U.S. Ovarian Cancer Lawsuits 
Starbucks announced that it is "steadily recovering" worldwide as 97 percent of stores have reopened with the easing of coronavirus-induced restrictions.
Stores that are back in business include 96 percent in the US and 99 percent in China.
Store sales fell 40 percent globally, and 41 percent in the Americas for the company's third-quarter ended June 28.
The figures were less than forecasted declines of 42.05 percent and 42.82 percent, respectively.
Sales in China are expected to substantially recover by December and those in US sales by March 2021.
Amid measures to curb the pandemic, the Seattle-based coffee chain had to rely more on delivery and drive-thru services.
Sales through mobile orders rose six percentage points from last year and made up 22 percent of total transactions in the quarter.
For its fiscal year ending in September, Starbucks expects global sales to be 12 to 17 percent lower.
The company lost 46 cents per share in the quarter, but that was better than analysts' expectations of a 59 cent per-share loss.
Its shares rose about 6.5 percent after saying that it would return to profitability in the current quarter.
Total net revenue plummeted by 38 percent to $4.22 billion, but still surpassed analysts' estimate of $4.07 billion.
