latest news in companies

ServiceNow Faces Crucial Earnings Test as Tech Spending Shifts

ServiceNow Faces Crucial Earnings Test as Tech Spending Shifts

Santa Clara, Wednesday, 22 July 2026.
Reporting today, ServiceNow’s earnings will reveal if enterprise software-based AI adoption can withstand the market’s recent shift toward hardware spending.

Instagram and Facebook Hit by Second Global Outage in Three Days

Instagram and Facebook Hit by Second Global Outage in Three Days

Menlo Park, Wednesday, 22 July 2026.
Meta Platforms suffered its second major global outage in 72 hours today, disrupting worldwide business operations while its status page paradoxically reported no known issues.

MicroVision Announces Reverse Stock Split to Save Nasdaq Listing

MicroVision Announces Reverse Stock Split to Save Nasdaq Listing

Redmond, Wednesday, 22 July 2026.
To avoid Nasdaq delisting after a 64% year-to-date share price collapse, MicroVision announced a 1-for-15 reverse stock split on July 22, 2026, to boost its stock price.

Samsung Launches New Foldable Phones Built with Ultra-Strong Titanium Screens

Samsung Launches New Foldable Phones Built with Ultra-Strong Titanium Screens

London, Wednesday, 22 July 2026.
At its London Unpacked event, Samsung debuted the Galaxy Z Fold 8 Ultra, featuring a breakthrough titanium display film that is twenty times stiffer, virtually eliminating the screen crease.

Wistron Launches $700 Million Texas Factory to Build Nvidia AI Hardware

Wistron Launches $700 Million Texas Factory to Build Nvidia AI Hardware

Fort Worth, Wednesday, 22 July 2026.
Wistron’s new Texas facility mass-produces Nvidia’s two-tonne, $4 million AI superchips, utilizing advanced digital twins that slashed design simulation times from 15 hours to just 3.6 seconds.

XCF Global Secures Funding to Boost Sustainable Aviation Fuel Production

XCF Global Secures Funding to Boost Sustainable Aviation Fuel Production

Reno, Wednesday, 22 July 2026.
XCF Global Capital launched a $100 million funding strategy to expand sustainable aviation fuel production at its Reno facility, addressing growing demands for lower-emission travel.

Twelve Indicted in Two Million Dollar Nike Warehouse Theft Scheme

Twelve Indicted in Two Million Dollar Nike Warehouse Theft Scheme

Memphis, Wednesday, 22 July 2026.
Twelve individuals, including Nike employees, face federal charges for allegedly running a two million dollar theft ring that shipped stolen shoes across America from a Memphis logistics hub.

ESPN Dismisses Longtime Broadcasters in Major Talent Layoffs

ESPN Dismisses Longtime Broadcasters in Major Talent Layoffs

Bristol, Wednesday, 22 July 2026.
Following its massive NFL Network acquisition, ESPN has laid off several star broadcasters, shockingly dismissing analyst Ryan Clark during a live television broadcast to prevent media leaks.

Capital One Beats Profit Expectations but Sparks Caution by Slashing Its Safety Net

Capital One Beats Profit Expectations but Sparks Caution by Slashing Its Safety Net

McLean, Wednesday, 22 July 2026.
Capital One surpassed profit expectations yesterday, but its stock remained flat as investors questioned a $1.1 billion reduction in the bank’s rainy-day fund to boost earnings.

Cashmere Valley Bank Signals Regional Strength With Rising Second-Quarter Profits

Cashmere Valley Bank Signals Regional Strength With Rising Second-Quarter Profits

Cashmere, Wednesday, 22 July 2026.
Driven by strong loan and deposit growth, Cashmere Valley Bank’s second-quarter earnings surged 22% from the previous quarter, signaling robust regional economic health in the Pacific Northwest.