Latest News
SLB Rises 4.2% on Venezuela Deal, Analysts See 8% Upside
SLB stock gained 4.2% following a data deal with Venezuela's PDVSA, while analysts see an 8% upside. The agreement grants access to oilfield data.
Vistra Stock Dips 2% as $472M Hedge Loss Masks Strong Core Growth
Vistra (VST) shares slipped 2% as a $472M hedging loss overshadowed a 31% EBITDA jump. Analysts remain bullish with a $217.42 price target.
Marvell Tumbles 10% as Investors Eye Delayed Google AI Revenue
Marvell (MRVL) shares dropped 10.3% despite record Q2 revenue, as investors focused on the delayed timeline for Google custom AI chip revenue, now expected in fiscal 2029.
SpaceX Edges Higher Despite Capex Exceeding Revenue 2.35x
SpaceX closed Friday at $141.50, up 0.45%, with Q2 revenue up 92% to $7.81B. However, capital expenditures reached $18.37B, 2.35x revenue, driven by AI infrastructure.
American Airlines Stock Slides on Fuel Costs Despite Record Q2 Revenue
American Airlines (AAL) fell 0.6% to $13.64 despite record Q2 revenue of $16.7 billion, as fuel costs surged 83% and net margin shrank to 0.4%. The company expects a Q3 adjusted loss.
IREN Stock Plunges 12.5% as $30B Capex Plan Outpaces AI Revenue Growth
IREN shares slid 12.5% as investors weighed a $30B capital expenditure plan against a $4B AI revenue run-rate. Q4 AI cloud revenue rose 110% to $70.5M, but EBITDA fell 68%.
Disney+ Pokémon Deal Lifts Shares as Streaming Revenue Hits $4.7B
Disney shares gained 1.2% as Disney+ secured global Pokémon rights, adding $2.2B in market value. Streaming subscription revenue rose 15% to $4.7B.
CME Stock Rises 1.7% on Record July Volume, 69.5% Margin
CME Group shares rose 1.7% to $285.80 after record July trading volume boosted Q2 margin to 69.5%. International volume jumped 32%.
Lululemon Stock Climbs 5% Despite Margin Pressures; Q2 Report on Deck
Lululemon shares gained 5% Friday, adding $660 million in market value, but a 410-basis-point margin drop and cautious analyst outlook loom ahead of Q2 earnings.
Chevron Gains on Venezuela Expansion Hopes, Analysts See 8% Upside
Chevron shares climbed 1.05% to $201.86, boosting market cap by $4.1B, as the company nears a deal to expand Venezuelan operations. Analysts see 8.1% upside.
SoFi Stock Slips 5.8% as Strong Q2 Growth Meets Valuation Concerns
SoFi shares dropped 5.8% to $18.06 despite a 43% revenue jump, as valuation concerns weigh on investor sentiment.
Plug Power's Cash Reserves Dip as Quarterly Burn Hits $61M
Plug Power shares slipped 3.5% after Q2 cash outflow trimmed reserves to $162M. Break-even gross margin and cost cuts offset liquidity concerns.