Merck & Co. reported Q2 2026 global sales of $16.6 billion, a 5% increase year-over-year, with a GAAP EPS loss of $0.54 and non-GAAP EPS loss of $0.13. These losses were significantly impacted by acquisition costs related to Terns Pharmaceuticals. In other news, Caterpillar announced Q2 revenue of $20.54 billion, up 24% year-over-year, and increased R&D spending. The digest also noted that Alibaba, ByteDance, and Tencent are investing in AI office solutions, and DeepSeek has reached the top global ranking for API calls. AI
IMPACT DeepSeek's rise to global API call leader suggests increasing adoption of AI services, while major tech firms invest in AI office solutions.
RANK_REASON The cluster contains multiple unrelated news items from a digest format, with no single dominant AI-related event.
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