Nvidia announced strong quarterly earnings, driven by robust demand for its gaming and data center chips. Tesla revealed plans to build a new Gigafactory in Texas, expanding its manufacturing capacity. Microsoft reported record revenue in its latest quarter, fueled by growth in its cloud computing and gaming businesses. Alphabet faced antitrust scrutiny from the US government over its advertising practices. Walmart saw a surge in online sales as customers continued to shift towards e-commerce during the pandemic.
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RLJ Lodging (RLJ) Q2 FFO Beats by 77%
RLJ Lodging Trust (NYSE:RLJ) reported Q2 2025 earnings on August 7, revealing adjusted FFO of $0.48 per share, surpassing estimates of $0.11, while revenue was $363.1 million, slightly below expectations and down from the previous year. The company remains focused on high-growth urban markets and operational discipline, despite facing lower hotel metrics and profit margins. Want More Context? 🔎
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