Meta’s Q2 results show ad growth lifting revenue, but legal charges drag profit
In a Q2 2026 earnings call transcript, Meta reported revenue rising 28% on advertising strength, while net income fell 14% as legal charges weighed on earnings.
Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
In a Q2 2026 earnings call transcript, Meta reported revenue rising 28% on advertising strength, while net income fell 14% as legal charges weighed on earnings.
THE APEX TIMES
A long-standing Electronic Data Systems (EDS) office structure in Plano, Texas, is scheduled to be imploded this weekend to clear space for AT&T’s new headquarters project, according to reporting.
The cuts reportedly hit roles across technology, product, and parts of sales and distribution as Salesforce accelerates the use of artificial intelligence across its business.
Coinbase Global is drawing fresh attention after reporting a second-quarter 2026 net loss and pointing to continued product and geographic expansion, including a push into the UK and a new trading offering tied to USDC, a dollar-pegged stablecoin.
In remarks covered by market media, Apple CEO Tim Cook said he sees “no better person” than John Ternus to lead the company next. The transition plan, described as arriving this September, puts product and operations leadership at the center of the company’s succession narrative.
A new report points to Eli Lilly having its next weight-loss-drug FDA submission timing clearly in view, intensifying scrutiny of where Novo Nordisk stands in the anti-obesity market.
Target (TGT) closed at $149.70, up 1.78% from the prior day, according to a market note that highlighted the stock’s relative strength.
The stock finished at $265.15, a gain of 1.89% versus its prior close, according to Yahoo Finance’s market wrap.
Broadcom Inc. (AVGO) closed at $427.49 in the most recent trading session, a gain of about 1.65% versus the prior day, according to a market summary posted on Yahoo Finance.