Latest News
Nu Holdings Faces Credit Cost Scrutiny Ahead of Q2 Earnings
Nu Holdings (NU) shares dropped 2.2% to $13.56 ahead of Q2 earnings, as rising credit costs and early-stage delinquencies challenge the bank's growth narrative.
Alphabet Drops 3.6% as Pixel Event Looms; AI Capex Concerns Persist
Alphabet shares slid 3.6% on Tuesday as tech stocks retreated ahead of the Pixel 11 launch. Investors focus on AI capital spending and Cloud growth sustainability.
Lumentum Stock Holds Steady Ahead of Q4 Report as AI Margin Test Looms
Lumentum shares were stable ahead of its fiscal Q4 report, with options implying a 13% swing. The focus is on margin expansion as revenue approaches $1 billion.
Rivian's Software Unit Drives Profit as Needham Reaffirms $23 Target
Needham reaffirms Buy on Rivian with a $23 price target, citing strong software margins. Q2 software gross profit of $215M offsets automotive losses, but cash burn and R2 ramp costs remain concerns.
SpaceX Shares Fall Below IPO Price as Lock-Up Expiry Looms
SpaceX shares fell 5.3% to $131.33, dipping under their IPO price, with a 320 million-share lock-up expiry approaching on August 20.
SpaceX Stock Dips 5.5% Ahead of August 20 Share Unlock
SpaceX (SPCX) dropped 5.5% to $131.04, 2.9% below its IPO price, as investors brace for a 320 million-share unlock on August 20. Q2 revenue nearly doubled, but capex surged.
SpaceX Stock Dips as Massive Share Unlock Looms
SpaceX shares dropped 4.5% as a 320-million-share unlock on Aug 20 looms, representing 3.4 days of average volume. Q2 revenue surged 92%.
Venture Global (VG) Falls 7% on Q2 Revenue Miss Despite Raised Guidance
Venture Global (VG) slid 7.3% after Q2 revenue missed forecasts, even as the LNG exporter raised its 2026 profit outlook. Sales rose 48% but fell short of consensus.
Chipotle Shares Dip as Jalapeño Recall Tests Recovery
Chipotle (CMG) shares slipped 0.8% as the jalapeño recall from Taylor Farms heightens food safety concerns. FDA sees no active risk, but traffic recovery remains fragile.
SMCI Stock Holds Steady as $60B Backlog Raises Cash Flow Concerns
Super Micro Computer (SMCI) shares remained unchanged ahead of its Q4 earnings report, as the company's $60B order backlog raises cash conversion concerns. Analysts expect revenue of $11.56B and EPS of $0.96.
Reddit Stock Holds Near Buyback Price Amid Search Traffic Concerns
Reddit (RDDT) shares hover just above Q2 buyback price as revenue jumps 61%, but US user growth slows and search traffic concerns persist.
SoFi Rebounds 8% as Revenue Outlook Rises, Profit Forecast Steady
SoFi shares climbed 8% after strong Q2 revenue, but the unchanged profit forecast leaves investors weighing growth against credit risk.