Latest News
AppLovin Stock Plunges 15% on Revenue Miss, Weak Q3 Forecast
AppLovin (NASDAQ:APP) tumbled 15% in premarket trading after Q2 revenue slightly missed expectations and Q3 guidance came in below consensus, wiping out $21 billion in market cap.
Sandisk Shares Slide Despite Strong Q4 as Guidance Disappoints
Sandisk's Q4 results topped expectations, but shares dropped in extended trading as Q1 guidance fell short of some forecasts and pricing sustainability became a key concern.
Nvidia Market Cap Climbs $178B on SpaceX AI Chip Deal
Nvidia shares gained 3.43% on Wednesday, adding roughly $178 billion to its market cap after SpaceX committed to using only Nvidia AI chips. AMD dropped 7.2% despite a beat.
Ondas Secures $50M Army Order, Shares Flat as Investors Eye Execution
Ondas (ONDS) secured a $50M Army order, nearly matching its 2025 revenue forecast, yet shares barely moved as investors await proof of revenue conversion.
SpaceX Faces $99B Lockup Expiry as AI Spending Surges
SpaceX (NASDAQ:SPCX) faces a $99B lockup expiry on August 6, potentially doubling float. Q2 capex surged to $18.37B, 86% AI-focused, but shares fell 13.6%.
SpaceX Lockup Expiry Pressures Shares; Tesla Volatility Persists
SpaceX shares fell 13.6% ahead of a $99B lockup expiry, while Tesla remains volatile on AI spending worries. European stocks hit record highs, and Legal & General offers a 7.1% yield.
Fluence Energy Shares Plunge 23% on Reduced Fiscal 2026 Outlook
Fluence Energy (FLNC) shares fell 23% after hours as the company slashed its fiscal 2026 revenue and EBITDA forecasts, citing production setbacks. Record backlog and strong orders couldn't offset margin pressure.
Lumen Shares Tumble 9% as Investors Question Free Cash Flow Sustainability
Lumen Technologies (NYSE:LUMN) shares dropped 9% despite a Q2 earnings beat, as investors scrutinize cash flow quality, with adjusted FCF yield estimated at 14%.
NuScale Faces $1.18B Payout Risk as TVA Deal Advances
NuScale Power (SMR) shares dropped 3.6% after hours on news that a TVA agreement could lead to a $1.18 billion payout to ENTRA1, with Q2 revenue plunging 99%.
Amazon's $122B Selloff Dwarfs Bezos's Stock Sale Plan
Jeff Bezos's latest stock sale of $346.5 million triggered a 1.7% drop in Amazon shares, but the $122.6 billion market value loss is 30 times larger than the planned sale.
McDonald's Stock Rises as Franchise Strength Offsets Weak US Traffic
McDonald's shares rose 2.1% as strong franchise earnings offset a drop in US traffic. Q2 adjusted EPS beat estimates, but same-store sales missed.