latest news in companies

AMD Prepares Earnings Report as Artificial Intelligence Boom Drives Massive Revenue Growth

AMD Prepares Earnings Report as Artificial Intelligence Boom Drives Massive Revenue Growth

Santa Clara, Tuesday, 4 August 2026.
Advanced Micro Devices reports second-quarter earnings today, driven by a projected 100% surge in data center revenue to $6.5 billion as its new artificial intelligence platform challenges market rivals.

Netflix Resolves Brief Global Outage After Thousands Report Streaming Failures

Netflix Resolves Brief Global Outage After Thousands Report Streaming Failures

Los Gatos, Tuesday, 4 August 2026.
A sudden disruption hit Netflix on Tuesday, August 4, 2026, triggering over 6,000 user error reports worldwide before technical teams restored full service within 45 minutes.

Canal+ Wins Exclusive European Football Rights in Sub-Saharan Africa Through 2031

Canal+ Wins Exclusive European Football Rights in Sub-Saharan Africa Through 2031

Paris, Tuesday, 4 August 2026.
Canal+ secured exclusive multi-language broadcasting rights for all UEFA men’s club competitions across 40 sub-Saharan African countries from 2027 to 2031, solidifying its sports market turnaround strategy.

Law Firms Investigate Tempus AI Purchase of Cancer Diagnostic Company

Law Firms Investigate Tempus AI Purchase of Cancer Diagnostic Company

Monsey, Tuesday, 4 August 2026.
Multiple law firms are scrutinizing Tempus AI’s proposed $1.5 billion acquisition of Personalis, examining whether the $16.25 per share valuation underestimates the company’s long-term growth in cancer detection.

Pentair Faces Investor Lawsuits After Unannounced Pool Sales Slump

Pentair Faces Investor Lawsuits After Unannounced Pool Sales Slump

New York, Tuesday, 4 August 2026.
Pentair faces shareholder lawsuits after unannounced inventory reductions caused Pool segment sales to drop $170 million, triggering a 15% stock decline and the abrupt departure of its CFO.

Isto Biologics Expands Global Reach with $60 Million NovaBone Acquisition

Isto Biologics Expands Global Reach with $60 Million NovaBone Acquisition

Hopkinton, Tuesday, 4 August 2026.
On August 4, 2026, Isto Biologics acquired Florida-based NovaBone from Halma plc for $60 million. Backed by private equity firm Keensight Capital, the deal broadens Isto’s synthetic bone graft portfolio.

Tyson Foods Cuts Profit Forecast as High Beef Prices Hurt Sales

Tyson Foods Cuts Profit Forecast as High Beef Prices Hurt Sales

Springdale, Tuesday, 4 August 2026.
Tyson Foods lowered its annual profit forecast as persistent drought pushed cattle supplies to historic lows, driving beef prices up 12% and dropping quarterly sales volumes by nearly 16%.

Moderna Begins Testing First Vaccine for Deadly Ebola Strain

Moderna Begins Testing First Vaccine for Deadly Ebola Strain

Ottawa, Tuesday, 4 August 2026.
Moderna has launched human trials for a new vaccine targeting the Bundibugyo Ebola virus, addressing a growing outbreak in Africa for which no approved protection currently exists.

Arrive AI Partners with LifeSpan Pharmacy to Explore Drone Prescription Delivery in Indianapolis

Arrive AI Partners with LifeSpan Pharmacy to Explore Drone Prescription Delivery in Indianapolis

Indianapolis, Tuesday, 4 August 2026.
Arrive AI and LifeSpan Pharmacy have agreed to develop an autonomous drone network in Indiana, aiming to speed up prescription deliveries using temperature-controlled, secure receiving hubs.

Phathom Pharmaceuticals Faces Investor Probe After Lowering Revenue Targets

Phathom Pharmaceuticals Faces Investor Probe After Lowering Revenue Targets

Florham Park, Tuesday, 4 August 2026.
Phathom Pharmaceuticals is facing shareholder law investigations after cutting its 2026 revenue forecast to $310–325 million, sparking a 22% stock selloff and allegations of misleading investors.