Advance Auto Parts

Advance Auto Parts Inc. reported second-quarter net income of $55 million, generating a profit of 90 cents per share. Although revenue reached $2 billion, missing analyst forecasts, adjusted earnings came in at $1.03 per share, beating Wall Street expectations. The company anticipates full-year revenues between $8.49 billion and $8.57 billion.

A Canadian man pleaded guilty to a major cyberattack involving the theft of sensitive data from over 165 Snowflake customer environments, leading to extortion and significant financial losses for companies like AT&T and Santander. He and his co-conspirators stole billions of records and earned over $2.5 million in extortion payments.