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U.S. markets news

Google Profits Surge on Strong Ad Demand
Google parent Alphabet Inc. GOOGL 0.51 % said quarterly profit soared 24%, the second internet giant in two days to report blockbuster earnings driven by consumers' rapid shift to mobile devices.
Alphabet posts strong revenue on video market, stock surges  Yahoo News
Google Silences Doubters With Blockbuster Quarter  New York Times
Business Insider  
Amazon posts its fifth straight quarter of profits
Amazon posted a record profit in the quarter ending in June, marking its fifth consecutive profitable quarter. That's Amazon's longest period of profitability in four years, according to FactSet.
5 Takeaways From Amazon Most Profitable Quarter Yet  Fortune
Amazon tops Wall Street targets, lifted by cloud revenue  Reuters
Gold steady on BOJ stimulus, set for monthly gain
BENGALURU Gold remained steady on Friday and was on track for a monthly gain of 1 percent, as the dollar extended its losses after the Bank of Japan's stimulus fell short of market expectations.
Mizuho Profit Falls as Negative Rates Squeeze Lending Income  Bloomberg
Why Bank of Japan Dipped Into Bag of Small Tricks  Wall Street Journal
China confirms legal status of ride-hailing industry
FILE - In this Friday, May 13, 2016 file photo, a mobile device shows the Didi Chuxing ride-hailing app at a shopping mall in Beijing, China.
China finally made ride-hailing legal, in a way that could destroy Uber' ...  Quartz
In a boost for Uber, China legalizes ride-hailing services  Los Angeles Times
UBS Scraps Near-Term Guidance as Second-Quarter Profit Declines
UBS Group AG scrapped its near-term guidance after second-quarter profit slipped 14 percent, hurt by a drop in earnings at the wealth management and investment-banking businesses.
CNBC Transcript: Interview with Sergio Ermotti, CEO of UBS  CNBC
UPDATE 2-UBS sees more tough markets ahead after Q2 earnings beat  Reuters
'Star Trek' licensing helps boost CBS earnings
The CBS "eye" and logo are seen outside the CBS Broadcast Center on West 57th St. in Manhattan, New York Thomson Reuters.
CBS Credits Retransmission Payments As It Beats Q2 Expectations  Deadline
CBS' Q2 earnings rise on higher licensing, distribution revenues  USA TODAY
U.K. Holds Up $24 Billion Nuclear Plan After EDF Approval
The British government cast doubt on the future of a controversial 18-billion pound ($24 billion) project to build Britain's first nuclear power plant in more than 20 years, pledging to review the deal just hours after the board of France's state-run ...
Energy company EDF approves divisive UK nuclear power plant  CNBC
Hinkley decision marks rethink on Chinese investment in UK  Financial Times
Why Ford is talking like auto sales have peaked
A $2-billion profit for three months is nothing to sneeze at, but Ford executives are sounding as if they had been debriefed by a coal miner's canary chirping about how it's feeling a little light-headed underground.
Ford's 2Q profit falls on trouble in US, China  Business Insider
Ford Profit Declines 9%, Says Industry Risks Grow -- WSJ  Nasdaq
Weekly jobless claims increase in week ended July 23
The number of Americans who filed for unemployment benefits last week rose from a three-month low, consistent with the Federal Reserve's view of a stronger job market.
Consumers seen powering US economic growth in second quarter  Reuters
Labor and Workforce Development office releases state employment report  MetroWest Daily News
Sanofi Quarterly Earnings, Sales Slide, Reiterates Discipline on Medivation
French pharmaceuticals company Sanofi (SNY) reported a decline in second-quarter sales and earnings that was marginally worse than expected amid problems in Venezuela and competition in the U.S.
Sanofi Ready for Swift Action on Medivation as Earnings Drop  Bloomberg
Sanofi Profits Down Despite Growth at Genzyme Unit  New York Times