Latest News

All Markets Earnings Economy Technology IPO Crypto Commodities Forex Analysis Regulation
Marvell Stock Slips 7.8% Despite Upbeat Revenue Forecast
Markets Daniel Marsh

Marvell Stock Slips 7.8% Despite Upbeat Revenue Forecast

Marvell (MRVL) dropped 7.8% in overnight trading despite raising revenue targets, as investors focused on delayed Google revenue. Other tech movers included Elastic (ESTC) and Rubrik (RBRK).

MRVL ESTC RBRK WDAY NVDA CRM
CrowdStrike Jumps 20% on Record ARR, Lifts Full-Year Guidance
Earnings James Calloway

CrowdStrike Jumps 20% on Record ARR, Lifts Full-Year Guidance

CrowdStrike shares soared 20.5% as Q2 FY2027 ARR hit $5.84B, up 25%, and full-year revenue guidance was raised to $5.991B-$6.011B.

CRWD
Disney+ to Premiere Toy Story 5 on Sept 23 After $1.13B Box Office Run
Analysis Daniel Marsh

Disney+ to Premiere Toy Story 5 on Sept 23 After $1.13B Box Office Run

Toy Story 5 hits Disney+ on September 23 following a $1.129 billion global box office performance, as Disney leverages the franchise to drive streaming engagement and merchandise revenue.

DIS
Oil Surges as Iran Nuclear Talks Collapse, Brent Hits $89.70
Commodities Rebecca Torres

Oil Surges as Iran Nuclear Talks Collapse, Brent Hits $89.70

Brent crude surged 2.1% to $89.70 per barrel after Iran talks collapsed, while WTI rose 1.6% to $83.53. The breakdown revived geopolitical risk premiums.

USO
ASX 200 Steadies as Tech and Energy Gains Counter Banking Pressure
Markets Daniel Marsh

ASX 200 Steadies as Tech and Energy Gains Counter Banking Pressure

The ASX 200 rebounded 0.24% to 9,060 as tech and energy gains offset bank weakness. NextDC's strong FY26 results and higher oil prices supported the market.

BHP RIO NXT USO XLE XLK XLF
Mortgage Rate Rise Strengthens Homebuyer Leverage, Limits Affordability
Economy Daniel Marsh

Mortgage Rate Rise Strengthens Homebuyer Leverage, Limits Affordability

The 30-year fixed mortgage rate rose to 6.66%, giving buyers more negotiating power as sellers outnumber them by 51%. Affordability stays limited.

RKT PHM LEN DHI
PagerDuty Stock Dips on 15% Job Cuts, Profit Outlook Raised
Earnings James Calloway

PagerDuty Stock Dips on 15% Job Cuts, Profit Outlook Raised

PagerDuty (PD) shares slipped 0.2% after hours as the company announced a 15% workforce reduction and raised its profit outlook, despite flat revenue growth.

PD
Elastic Stock Soars 20% on Strong Q1 Earnings and Upbeat Guidance
Earnings James Calloway

Elastic Stock Soars 20% on Strong Q1 Earnings and Upbeat Guidance

Elastic (ESTC) shares surged nearly 20% after Q1 revenue beat expectations and guidance impressed, driven by AI-fueled demand for its search and observability tools.

ESTC
Ulta Beauty Stock Slips 2.9% Post-Market Despite Raised Guidance
Earnings James Calloway

Ulta Beauty Stock Slips 2.9% Post-Market Despite Raised Guidance

Ulta Beauty (ULTA) shares dropped 2.9% after hours even as the company raised its full-year outlook after a strong Q2 beat.

ULTA
Marvell's AI Surge Fails to Impress as Shares Dip 7.6%
Earnings James Calloway

Marvell's AI Surge Fails to Impress as Shares Dip 7.6%

Marvell's record Q2 revenue of $2.74B and strong AI growth couldn't prevent a 7.6% after-hours selloff, as investors focused on softer margin guidance.

MRVL
IREN Stock Plunges on $639M AI Transition Charge
Earnings James Calloway

IREN Stock Plunges on $639M AI Transition Charge

IREN shares dropped nearly 6% after hours as a $638.8M impairment charge from its AI transition turned an $86.9M profit into a $702.6M loss.

IREN
Affirm Stock Jumps 8.6% After Hours on Record GMV and Strong Guidance
Earnings James Calloway

Affirm Stock Jumps 8.6% After Hours on Record GMV and Strong Guidance

Affirm's after-hours surge followed record quarterly GMV of $14.1B and upbeat fiscal 2027 guidance, signaling robust growth in its card business.

AFRM