Several big banks are maintaining a neutral outlook on the stock after its significant rally this year.

Record revenue of $14.06 billion topped analysts’ expectations and was up 4.7% from a year earlier.

The results come amid investor anxiety over the thousands of lawsuits claiming that J&J’s talc-based baby powder and other products caused cancer.

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A decline in commodity prices should boost the parent company behind Bud Light. The U.S.-listed shares of the beverage company is down about 2.7% this year.

Hundreds of protesters stormed the Swedish embassy in central Baghdad early on Thursday in protest against the expected burning of a Quran in Sweden.

Business sentiment has generally soured amid lackluster economic growth after China’s initial recovery from the pandemic.

Rents in prime residential areas increased the most in Singapore, Lisbon and Berlin in the first half of the year, according to a report by Savills. 

Russian strikes on Ukrainian ports continued for the third day, Ukraine’s air force said. Multiple injuries were reported in Odesa and Mykolaiv.

TSMC is the top producer of the world’s most advanced processors, but demand for consumer electronics has plunged post-pandemic.