A solid earnings season shows Corporate America’s profit engine is humming along, potentially easing worries that the record-setting rally in US stocks is starting to overheat.

Labcorp raised its annual profit forecast on Thursday after beating Wall Street estimates for second-quarter profit and revenue on robust demand for its diagnostic tests, sending its shares up over 10%.

General Motors' profit and revenue declined in its second-quarter but the automaker's results managed to easily top Wall Street's expectations and the company stuck by its full-year financial outlook that it lowered in May.

Daniel Roper allegedly lost money while executing more than 20,000 trades in a little more than a year in an account he didn’t have discretion over.

Nasdaq beat Wall Street estimates for second-quarter profit on Thursday, as volatile markets boosted trading volumes while first-half listings on its eponymous exchange hit their highest since 2021.

Reduced tariffs on US car imports, as outlined in President Donald Trump’s trade pact with Japan, will ease but not completely lift the burden on the nation’s automakers, Mitsubishi Motors Corp. said,