Metas Reality Labs posts $4.5 billion loss in second quarter

Meta’s ambitious plans to develop the metaverse is still costing the company billions of dollars a quarter.

Ground News
Biden 2024 Campaign Raises $72 Million in 2nd Quarter, More than Republicans

President Joe Biden kicked off his 2024 reelection effort with a $72 million haul in the second quarter, allaying the fears of some big donors that the campaign was off to a slow start.

Bloomberg
Boebert challenger Frisch sets fundraising record with $2.6 million in second quarter

The Coloradoan hoping to unseat Rep. Lauren Boebert (R-CO) next year has raised more than $2.6 million during 2023's second fundraising quarter, setting a House fundraising record, his campaign said Thursday.

Washington Examiner
Democrat challenging Lauren Boebert raises $2.6M in second quarter

Adam Frisch, the Democrat who came close to beating Rep. Lauren Boebert (R-Colo.) in last year’s midterms, has raised more than $2.6 million in the second fundraising quarter as he runs again to challenge the Colorado Republican, his campaign said.  Frisch’s campaign said the $2.6 million raised in the second-quarter FEC filing breaks the record…

The Hill

Amazon said it would spend all $4 billion of its Q2 profits on COVID-19 responses. Wall Street still expects a profitable quarter. (AMZN)
https://www.businessinsider.com/amazon-q2-earnings-preview-profit-covid-aws-advertising-2020-7

more news -> https://onehot.news
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Amazon said it would spend all $4 billion of its Q2 profits on COVID-19 responses. Wall Street still expects a profitable quarter.

Wall Street expects Amazon to report a profitable quarter, backed by strong COVID-driven sales and faster growth in high-margin businesses.