Novartis now expects its core operating profit to grow in the mid to high teens, after second-quarter results outpaced analysts’ expectations, boosted by revenue from its blockbuster treatments.

Taiwan Semiconductor Manufacturing Co.’s second-quarter net profit jumped on surging demand for advanced chips amid the global artificial-intelligence boom.

Publicis now expects organic net revenue growth of 5%-6% for the year, after second quarter sales beat analysts’ expectations, fueled by gains in market share.

Nokia cut its full-year sales outlook but said it was tracking toward the mid-point or slightly below the mid-point of its operating profit guidance, warning that telecom operators continued to hold back on investing in new network equipment.

Darden said it will acquire all the outstanding shares of Chuy’s for $37.50 per share. The price represents a 40% premium to Chuy’s 60-day volume weighted price.

The move follows a similar retreat by Tractor Supply as more companies face criticism over DEI.

San Diego-based pet food retailer said that interim CEO R. Michael Mohan would transition to a new role leading a board committee focused on value creation.

EssilorLuxottica has agreed to buy the brand from Vans owner VF for $1.5 billion, a move aimed at helping the Ray-Ban maker expand beyond eyewear.

Daimler Truck said it took a €120 million hit from a write-down of its China joint venture due to a persistently weak market and that its full-year guidance was under review.