Latest News
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.
SoundHound AI Surges 15% on Q2 Beat, Lifts Annual Guidance
SoundHound AI (SOUN) shares surged 14.8% after reporting Q2 revenue of $61.9M, up 45% YoY and beating consensus. The company raised its full-year guidance low end, implying a 31% H2 revenue increase.
Block Raises 2026 Guidance as Q2 Earnings Beat, Profit Margins Expand
Block raised its 2026 adjusted operating income guidance to $3.47 billion after Q2 earnings of $1.02 per share beat expectations. Cash App profit surged 31%, but shares slipped 1.35% in after-hours trading.
E.l.f. Beauty Raises Outlook as Rhode Drives One-Third of Sales
E.l.f. Beauty (NYSE: ELF) raised its fiscal 2027 outlook after Q1 revenue surged 36% to $479.4M, with Rhode accounting for 33.4% of sales. Adjusted EPS of $1.75 beat estimates.
Axon Stock Slips on Slower H2 Growth Outlook Despite Strong Q2 Beat
Axon's Q2 beat was overshadowed by guidance suggesting H2 growth moderation, sending shares down 6.5% in after-hours trading.
MercadoLibre Stock Drops 6.8% as Profit Squeeze Overrides 50% Revenue Surge
MercadoLibre shares slid 6.8% after Q2 margins compressed, offsetting a 50% revenue surge. Operating margin fell to 6.7% from 12.2% a year ago.
AppLovin Stock Plunges 28.7% After Revenue Miss Sparks Valuation Concerns
AppLovin (APP) shares plunged 28.7% in after-hours trading after Q2 revenue missed estimates by 0.8%. The selloff erased $40.2 billion in market value, highlighting valuation concerns.
Sandisk Stock Drops Despite Strong Q4 as Pricing Drives Growth
Sandisk beat Q4 estimates, but shares slipped as Q1 revenue guidance missed. Pricing drove most of the sequential gain, with datacenter revenue doubling.
Western Digital Tumbles 10% as Valuation Doubts Outweigh Strong Earnings
Western Digital shares dropped 10% in after-hours trading despite beating Q4 estimates, as valuation concerns and decelerating growth outweighed strong results.