Imperial Oil beats quarterly estimates as surge in crude prices lifts profits

Canadian oil producer Imperial Oil announced Friday that it more than doubled its second-quarter profit amidst a surge ‌in world oil prices.

Moderna beat Wall Street estimates for second-quarter revenue on Friday benefiting from better-than-expected sales of its COVID-19 vaccine, as the company gears up for the potential launch of its flu shot.

Amazon beats estimates for quarterly cloud revenue growth  Reuters

July 30 : Amazon.com topped market expectations for quarterly cloud revenue growth on Thursday on the back of surging enterprise AI spending, signaling the company's hefty investments were bearing fruit. Revenue at its cloud computing unit, Amazon Web Services, jumped 37 per cent to $42.2 billion in the second quarter

The airline beat Wall Street estimates and reinstated its full-year outlook as demand helped it recover more fuel costs than expected