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Mattel posts steeper sales decline than expected on soft Barbie demand
The company, however, reinstated its full-year sales and profit forecast after pausing it in May, when U.S. President Donald Trump’s shifting trade policy upended global supply chains and cast uncertainty over consumer spending trends.Mattel, the owner of brands such as Hot Wheels, Fisher-Price and Uno, now e … Read More >>

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T-Mobile raises forecast for annual subscriber additions
Shares of the Bellevue, Washington-based company rose 6% in extended trading.The carrier now expects to add between 6.1 million and 6.4 million subscribers in 2025, compared with its prior projection of 5.5 million to 6 million additions.Telecom operators in the U.S. have boosted their plans with attractive t … Read More >>

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Google parent Alphabet beats quarterly revenue estimates, boosts capital spending
(Reuters) -Alphabet beat Wall Street estimates for its second quarter on Wednesday, and cited massive demand for its cloud computing services as it hiked its capital spending plans for the year to about $85 billion.The search giant strongly beat estimates for quarterly revenue and profit on the back of new AI … Read More >>

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Apple beats US appeal claiming it shortchanged customers on iCloud storage
(Reuters) -A U.S. federal appeals court on Wednesday rejected claims by Apple customers that the iPhone maker gave them less iCloud data storage than they paid for when upgrading.In a 3-0 decision, the 9th U.S. Circuit Court of Appeals in San Francisco said reasonable consumers in the proposed class action wo … Read More >>

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