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Autonomix Medical Stock Rockets 434% on Delayed Patent Disclosure
Autonomix Medical (AMIX) shares skyrocketed 434% on Tuesday following a delayed patent announcement. The stock later fell 37.7% in premarket trading.
Digital Turbine Stock Soars 28% on Strong Q1 and Raised Guidance
Digital Turbine (APPS) surged 28% premarket after Q1 revenue and EBITDA beat, with raised FY2027 guidance highlighting improved margins.
Snap Stock Soars 15% on Subscription Strength in Q2
Snap shares surged 15% after Q2 results showed subscription revenue powering growth, with other revenue up 84.7% year-over-year.
Intel's 10.8% Surge Masks Foundry Losses: Recovery Still Unproven
Intel shares surged 10.8% on Tuesday, but the rally masks persistent foundry losses. External customers contribute just 5.1% of foundry revenue, and the division lost $2.1B in Q2. AMD fell premarket despite strong results.
Nokia Shares Rebound on AI Orders, Focus Shifts to Conversion
Nokia's shares rebound as AI orders surge to €3.8B, but the key test is converting these orders into revenue without eroding margins.
Novo Nordisk Slips 4% as Profit Beat Fails to Quell Wegovy Worries
Novo Nordisk shares dropped 4% in Copenhagen after Q2 profit beat estimates, but concerns over Wegovy and pipeline setbacks weighed on sentiment.
Grab Unveils $750M Buyback as Q2 Revenue Climbs 22%
Grab Holdings announced a $750 million buyback and raised its full-year outlook after Q2 revenue grew 22% to $997 million, though adjusted free cash flow fell 35%.
AMD Stock Slides Premarket as AI Growth Fails to Boost Cash Flow
AMD shares dropped 7.25% premarket despite beating Q2 estimates, as investors focused on slowing cash conversion and flat margins despite record AI revenue.
SpaceX Shares Tumble as AI Spending Consumes 86% of Capex
SpaceX shares dropped up to 9.8% in premarket after AI spending reached 86% of capex, overshadowing strong revenue growth and Starlink subscriber gains.
Student Loan Cap Narrows Private Lender Market
New federal loan caps reduce the private lending market to 17.4% of graduate borrowers, reshaping opportunities for SLM, SOFI, and NAVI.
Global Markets Rally on Hormuz Hopes; Glencore Eyes Australia Listing
Markets rallied on Hormuz hopes; Glencore targets Australia listing; SpaceX and AMD slide on AI spending concerns; Manipal IPO jumps 11%.
Palantir Soars 29% on AI Boom, Adds $89B in Market Value
Palantir shares jumped 29% after Q2 revenue surged 93% and guidance was raised, adding $88.8B in market value.