The record label behind Taylor Swift, Billie Eilish and Ariana Grande posted revenue growth from subscriptions and streaming services well below what analysts had expected.

The French luxury-goods group said it booked revenue of €9.02 billion, down 11% both as reported and on a comparable basis compared with the year-earlier period.

T-Mobile said it entered into a definitive agreement to establish a joint venture with the investment firm KKR to acquire Metronet as the company aims to increase its fiber solution offer to U.S. consumers.

AMC Entertainment expects to swing to a loss in the latest quarter in the wake of the prolonged Hollywood actors and writers strikes last year, though it flagged a recovery in movie going last month.

BNP Paribas backed its guidance for the year after posting better-than-expected earnings for the second quarter, with double-digit growth in its institutional banking and capital markets units.

Discounts abound as automakers and dealers try to entice hesitant shoppers to make the switch.