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The company posted net income for the second quarter ended June 30 of USD 650 million, or USD 5.52 per share, compared with USD 406.8 million, or USD 3.46 per share, in the year-ago period. Sales in the company's Energy Storage division, which sells lithium, more than doubled to USD 1.76 billion. For the year, Albemarle expects the price at which it sells its lithium to jump nearly 30% from 2022 levels.

Amazon: Investors tuning into the company's earnings call this week also want updates on the tech giant's cloud business, ad revenue growth and signals on consumer health heading into the holidays as inflation continues to impact spending for corporations and consumers.

Amazon, Google, IBM and Microsoft aren't just cloud providers anymore—and their tentacles are going to spread deep into trading systems going forward.

P&G's better-than-expected results, like those of Unilever and Nestle, show that major global consumer product and food makers managed to raise their product prices enough to offset recent increases in their transportation, commodity and labor costs.

AT&T: The company also said it had achieved its $6 billion cost-cutting goal ahead of schedule and was now targeting another $2 billion-plus over the next three years.