Richard A. Easterlin, ‘Father of Happiness Economics,’ Dies at 98

The introduction of ChatGPT has shifted perceptions of Alphabet (NASDAQ: GOOGL, GOOG), as its market share in digital advertising and Google Search fell below 90%. Despite this, investors remain optimistic about Alphabet's potential for significant growth over the next five years, indicating confidence in the company's future. Want More Context? 🔎

Investors have faced significant volatility in the first seven months of the year, highlighted by the S&P 500's steepest two-day decline since 1950 and the Nasdaq entering a bear market for the first time in three years. However, since April 8, both indexes have rebounded to record highs, while the Dow Jones Industrial Average approaches its first all-time high since December, suggesting a strong bull market despite historical caution. Want More Context? 🔎

Waste Management (NYSE:WM) reported better-than-expected Q2 2025 results, with adjusted EPS of $1.92 and GAAP revenue of $6.43 billion, driven by strong operational gains and segment performances, despite challenges from soft recycling prices and integration costs. The company remains a leader in waste collection and recycling across North America, serving various sectors including municipalities and businesses. Want More Context? 🔎

Celestica (NYSE:CLS), a leader in electronics manufacturing services, reported Q2 2025 earnings on July 28, with GAAP revenue of $2.89 billion and adjusted EPS of $1.39, surpassing analyst expectations and reflecting year-over-year growth of 21% and 54%, respectively. The company raised its full-year outlook, driven by strong performance in its Connectivity & Cloud Solutions and Advanced Technology Solutions segments, though customer concentration poses a risk for future volatility. Want More Context? 🔎

Tesla's shares rose by 3% on Monday, peaking at 4.6% earlier in the day, while the S&P 500 remained flat and the Nasdaq Composite increased by 0.3%. The boost in stock value follows Tesla's $16.5 billion agreement with Samsung for the production of next-generation AI6 chips at Samsung's new Texas factory. Want More Context? 🔎

Core Laboratories (NYSE:CLB), a provider of reservoir optimization and production enhancement services, reported Q2 2025 earnings on July 23, revealing GAAP revenue of $130.2 million, surpassing expectations of $129.1 million, while adjusted EPS of $0.19 met consensus. Although there were operational improvements in international markets, revenue remained largely unchanged year-over-year. Want More Context? 🔎