GE Aerospace CEO Larry Culp said on Thursday that the company's efforts to fix supply constraints are showing results and driving up jet engine deliveries, boosting its profit outlook for the year.

GE Aerospace (NYSE:GE) shares traded higher in Thursday’s session after the company reported better-than-expected second-quarter 2025 results. GE posted adjusted revenue of $10.2 billion, up 23% year over year (YoY),

Q2 2025 Management View H. Lawrence Culp, Chairman & CEO, highlighted GE Aerospace's strong positioning as a global leader in propulsion, services, and systems, noting "our Commercial Engines & Services business,

Volvo Cars reported a sharp decline in second-quarter operating profit on Thursday that nonetheless exceeded analyst expectations, sending shares up, though the company continues to face headwinds from tariffs and softening demand.

It comes shortly after Volvo Cars launched plans to add its best-selling XC60 sports utility vehicle to the production line of its U.S. car plant in Ridgeville outside Charleston in South Carolina. Shares of Sweden-based automaker Volvo Cars rose more than 10% on Thursday as the company's second-quarter operating profit beat analyst expectations despite a sharp year-on-year decline.

TSMC , the world's main producer of advanced AI chips, posted record, forecast-beating quarterly profit on Thursday but warned that future income might be hit by U.S. tariffs, though perhaps not until the fourth quarter.

TSMC will change production timelines for two planned fabs by several quarters because of high demand for chips to power artificial intelligence.

The world's largest contract chip manufacturer has benefited from the megatrend towards AI as it gains from producing advanced processors for clients including Nvidia and Apple. Taiwan Semiconductor Manufacturing Company on Thursday reported a near 61% year-on-year rise in second-quarter profit,