AbbVie reports Q2 earnings with adjusted EPS of $2.65, surpassing expectations. Net revenues hit $14.46 billion, reflecting a 4.3% increase. Analysts maintain a positive outlook with increased price targets and confidence in future growth drivers.

Wedbush raises Skechers' price target to $79 despite a Q2 earnings miss, citing strong U.S. wholesale and European DTC performance.

XPeng CEO Xiaopeng He revealed plans for a competitive Robotaxi launch in 2026. The company's stock is up over 4%.

Earlier this month, a Ferrari NV (NYSE ) executive received suspicious WhatsApp messages from a deepfake impersonating CEO Benedetto Vigna. The scam, aimed at discussing a confidential acquisition, was identified due to mechanical intonations and a different phone number.