Google’s AI Overview falsely stated Flock license plate cameras hold 23 pounds of copper and $650 worth of gold due to a meme. Google’s AI Overview incorrectly claimed Flock license plate cameras contain up to 23 pounds of copper and $650 in gold. The error stemmed from an
The aftermarket parts retailer reported a 5.4% year-over-year revenue decline but maintained slim profitability amid restructuring efforts. Advance Auto Parts Inc reported $8.6 billion in revenue for fiscal year 2025, down 5.4% from the prior year. The company cited indust
AMD projects AI data center revenue to more than double by 2027, yet shares fell despite a 70% surge in Q2 CPU sales. Advanced Micro Devices (NASDAQ: AMD) reported a 70% increase in data center CPU revenue for Q2, driven by strong demand in AI inference and agentic AI appl
Eight of ten consumer staples companies in the S&P 500 surpassed earnings estimates, though revenue performance remained uneven. Eight S&P 500 consumer staples companies beat Wall Street earnings estimates this week, with seven reporting year-over-year EPS growth. Kraft He
Amazon increases AI spending to $220 billion for 2026 Amazon has raised its AI spending to $220 billion for 2026, a $20 billion increase from its February estimate. The company's AI spending plans have been driven by rising costs for memory chips. Amazon's increa
Analyst Brian Pitz sees 32% upside for eBay shares, citing AI tools and Focus Categories driving growth despite Q3 EPS guidance miss. eBay shares fell 4% last month after the company guided Q3 adjusted EPS to $1.36-$1.42, below Q2’s $1.60. Wells Fargo cut its target to $92
The REIT secures long-term leases and joint ventures to capitalize on the $1 trillion AI data center market growth. Realty Income (O) is expanding its exposure to the AI data center boom through strategic joint ventures. The REIT holds an 80% stake in a build-to-suit ventu
Lamb Weston Holdings General Counsel Eryk Spytek sold shares worth $203,000 to satisfy tax withholding linked to restricted stock vesting. Lamb Weston Holdings Inc. (NYSE:LW) General Counsel and Chief Compliance Officer Eryk J. Spytek sold 3,820 shares on August 4, 2026, a
Earlier this year, I reported on McDonald's launch of a $3 or less meal deal in an effort to win back its value status, targeting budget-conscious customers. McDonald's new "McValue 2.0" meals included: - The $4 meal deal: Consumers can order breakfast options with a McMuf
Nine of 10 companies deliver EPS wins this week The Communication Services sector saw a strong earnings week, with 9 out of 10 companies reporting earnings per share wins. Notable companies in the sector, including The Walt Disney, The Trade Desk, and Warner Bros.
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