Disney Earnings Seen Jumping on Rebound at Theme Parks 
 

The flagship streaming business is projected to log an increase of 10 million subscribers in the recently completed quarter, but streaming losses are expected to widen.

 
Coinbase Needs Crypto Investors to Buy, Not HODL 
 

The cryptocurrency exchange's stock jumped the news of a partnership with BlackRock, but institutional volumes aren't a cure-all for what ails the exchange right now.

 
Musk Sells 7.92 Million Tesla Shares Valued at Nearly $7 Billion Amid Twitter Uncertainty 
 

The billionaire suggested the stock sales were aimed at avoiding a fire sale if forced to buy the social-media company.

 
SoftBank to Cut Alibaba Stake, Sees $34 Billion in Gains 
 

The Japanese tech investor has been reducing its ties to the Chinese e-commerce company and using holdings to raise cash.

 
Foxconn Predicts Better Year Ahead but Flags Slowing Smartphone Demand 
 

The world's biggest iPhone assembler said the smartphone market could remain flat for the rest of the year compared with a year earlier.

 
Biotech Startup Cerevance Strikes Alzheimer's Research Deal With Merck 
 

Biotechnology company could earn more than $1 billion through a collaboration with the drugmaker to study potential treatments for the disease.

 
Baby-Formula Startup Seeks Expansion as Shortage Persists 
 

ByHeart is seeking to register two additional facilities with regulators to increase production as the U.S. continues to grapple with shortages.

 
Maxine Waters Calls for CFPB to Take Action Against Equifax 
 

The top-ranking Democrat told the Consumer Financial Protection Bureau that it shouldn't let Equifax sell credit scores to lenders until it can prove it has the controls to ensure its scores are accurate.

 
Samsung's $1,800 Foldable Galaxy Phone Tests High-End Budgets 
 

The South Korean company unveiled its Galaxy Z Fold 4 and the smaller, lower-priced Galaxy Z Flip 4, as pricey devices defy an industry slump.

 
Wendy's Misses on Sales but Raises Earnings Forecast 
 

The fast-food company said that it now expects adjusted earnings to be between 84 cents to 88 cents per share for 2022.

 
 

(END) Dow Jones Newswires

August 10, 2022 13:00 ET (17:00 GMT)

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