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Micron Rises 6% as YMTC's NAND Surge Reshapes Memory Market
Micron shares jumped 6% as YMTC's rise in NAND shipments highlights a changing competitive landscape, with enterprise SSD demand surging.
CoreWeave Holds Gains Post-Earnings as $104B Backlog Strains Capital
CoreWeave shares hold post-earnings gains despite a $104.2B backlog and heavy capex, with analysts split on valuation and capital efficiency concerns.
Cellebrite Plunges 31% on Missed ARR, CEO Change
Cellebrite shares dropped 31% as Q2 ARR fell short and the company cut its full-year guidance. CEO Shiven Ramji took over immediately.
American Airlines Overhauls Leadership to Close Profitability Gap with Delta
American Airlines reshuffles senior leadership to tackle a wide profit margin gap versus Delta and United. Q2 earnings per $100 revenue were $0.43 vs Delta's $8.08. Shares rose 0.8%.
Intuitive Machines Tumbles as Q2 Misses, H2 Growth Hurdle Looms
Intuitive Machines stock dropped 8.6% premarket after Q2 revenue missed forecasts and adjusted EBITDA swung to a loss. The company's full-year outlook requires a sharp acceleration in H2 revenue growth.
FGI Industries Stock Soars 186% on Q2 Profit Recovery
FGI Industries shares surged 186% after Q2 profit recovery, with gross margin up 5.3 points. Revenue rose 2.9% to $31.9 million, but the stock's valuation now outstrips full-year guidance.
HPE Surges 6% on Morgan Stanley Upgrade; $71 Target Signals More Upside
HPE shares climbed 5.97% to $62.30 after Morgan Stanley upgraded the stock to Overweight and raised its price target to $71, citing robust AI infrastructure demand.
NYT's Puzzle Push: Subscriber Growth Target Faces Headwinds
New York Times (NYT) must add ~275,000 subscribers quarterly to reach its 2027 goal. Recent Games search interest offers hope, but Q2 growth barely met the pace.
2027 Social Security COLA Forecast Climbs to 3.6%, Adding $60B in Benefits
A leading projection for the 2027 Social Security COLA has risen to 3.6%, which would add nearly $60 billion to annual benefits. The July CPI-W came in 3.1% above the baseline.
Birkenstock Shares Surge 17% on Upbeat Revenue Forecast
Birkenstock (BIRK) shares soared 17% on Thursday after the company raised its annual sales growth outlook, overshadowing a small earnings miss.