- Major corporate developments include OpenAI reporting second-quarter sales growth, Disney suing the FCC over license reviews, and Meta facing a child safety trial in California.
- Financial transactions feature Apple altering App Store terms to appease EU antitrust officials, KKR bidding $9 billion for UGI, and Goldman Sachs agreeing to acquire LCN Capital Partners for up to $410 million.
- Additional updates highlight Home Depot posting higher sales, Toll Brothers recording lower revenue, and Baidu experiencing ongoing declines in profit and revenue amid its AI pivot.
