Small-Cap Index Notches Record Close Ahead of Key Inflation Data
Markets Daniel Marsh

Small-Cap Index Notches Record Close Ahead of Key Inflation Data

The Russell 2000 closed at an all-time high, extending its 2026 lead over the S&P 500. Thursday's PPI report will test whether easing rate concerns can sustain the small-cap rally.

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Markets Mixed as Investors Await Key Inflation Data
Markets Daniel Marsh

Markets Mixed as Investors Await Key Inflation Data

Global markets saw mixed trading as investors awaited key inflation data. Nebius surged 34% on strong Q2 revenue, while several Asian stocks fell on margin concerns.

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SoFi Surges 8% as Cooling Inflation Eases Rate Fears
Earnings James Calloway

SoFi Surges 8% as Cooling Inflation Eases Rate Fears

SoFi shares climbed 8.14% as softer inflation reduced the likelihood of a September Fed rate hike. The company boosted its 2026 revenue forecast while keeping its profit target unchanged.

SOFI
Nokia Stock Jumps 9% on AI Optical Demand Surge
Markets Daniel Marsh

Nokia Stock Jumps 9% on AI Optical Demand Surge

Nokia ADRs jumped 9.2% after Lumentum's bullish outlook highlighted surging AI optical demand, adding $5B to market value. Order book stands at €2.8B.

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Virgin Galactic Stock Plunges 13% on Flight Delay and Heavy Cash Burn
Markets Daniel Marsh

Virgin Galactic Stock Plunges 13% on Flight Delay and Heavy Cash Burn

Virgin Galactic's stock tumbled 12.8% after hours as the company postponed its first commercial spaceflight to February 2027 and guided for up to $190 million in cash burn.

SPCE
AI Infrastructure Rally Powers Nasdaq Higher Despite Mega-Cap Slump
Markets Daniel Marsh

AI Infrastructure Rally Powers Nasdaq Higher Despite Mega-Cap Slump

The Nasdaq Composite gained 0.54% to close at 26,588.49 as AI infrastructure stocks surged, offsetting declines in major mega-cap tech companies.

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Dow Slips as Home Depot, Microsoft Losses Outweigh Broad Rally
Markets Daniel Marsh

Dow Slips as Home Depot, Microsoft Losses Outweigh Broad Rally

The Dow Jones Industrial Average dropped 22 points on Wednesday as losses in Home Depot and Microsoft outweighed gains in other components, while the S&P 500 and Nasdaq advanced.

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Dell Stock Rises 5% on AI Server Demand, But Margin Squeeze Lingers
Technology Sarah Chen

Dell Stock Rises 5% on AI Server Demand, But Margin Squeeze Lingers

Dell shares rallied 5% on strong AI server demand signals from peers, yet a 3.5-point gross margin drop raises profitability concerns as AI revenue reaches 37% of total.

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Super Micro Stock Jumps 19% on Strong Outlook, But Margin Concerns Loom
Earnings James Calloway

Super Micro Stock Jumps 19% on Strong Outlook, But Margin Concerns Loom

Super Micro (SMCI) shares jumped 19% on strong fiscal 2027 revenue guidance, but Q1 margin outlook indicates a potential 18.6% drop in gross profit.

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Infleqtion Q2 Revenue Soars 116% but Cash Flow Hides $27.4M Timing Boost
Earnings James Calloway

Infleqtion Q2 Revenue Soars 116% but Cash Flow Hides $27.4M Timing Boost

Infleqtion reported record Q2 revenue of $12.6M, up 116% YoY, but its operating cash flow included a $27.4M timing benefit that will reverse in Q3. Shares fell 2.4% after hours.

DJT Revenue Plans Clouded by Truth API Legal Challenge
Regulation James Calloway

DJT Revenue Plans Clouded by Truth API Legal Challenge

Trump Media's Truth API revenue projections are threatened by a federal lawsuit challenging its priority posting service. The company reported a Q2 net loss of $238.1 million.

DJT
Delta's SkyMiles Valued at $30B as Air Canada Deal Reshapes Loyalty Metrics
Analysis Daniel Marsh

Delta's SkyMiles Valued at $30B as Air Canada Deal Reshapes Loyalty Metrics

Delta Air Lines (DAL) shares fell 1% amid Atlanta cancellation searches, but a new Air Canada loyalty deal suggests SkyMiles may be worth $30B, half of Delta's market value.

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