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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.
Nokia Rebounds as AI Order Backlog Hits €2.8B, Analysts Stay Bullish
Nokia ADRs climbed 3.4% to $9.44 as investors weighed a massive €2.8B AI order backlog against a steep three-month decline. Analysts see upside, but conversion risks remain.
Intel's $20B AI Expansion: Stock Holds Above $95 Offering Price
Intel priced a $20 billion share offering at $95 per share, with shares trading above that level. The funds will support AI manufacturing expansion, despite dilution concerns.
Ford Rises on DBS Upgrade, Stronger 2026 Outlook
Ford shares advanced after DBS upgraded the stock to Buy, lifting its price target to $17 on a stronger earnings forecast.
Jabil Stock Surges on UBS Buy Rating, AI Revenue Forecast
Jabil (JBL) shares jumped 3.3% after UBS upgraded the stock to Buy, projecting $20.3 billion in AI-related revenue for fiscal 2027.
Aramark Stock Soars 10% on AI Data Center Demand and Raised Guidance
Aramark (ARMK) shares hit an all-time high after lifting its fiscal 2026 revenue outlook to 9%-10% growth, fueled by AI data center demand and a strong quarter.
AST SpaceMobile Stock Climbs on $1.3B Backlog, H2 Revenue Hurdle Looms
AST SpaceMobile shares gained 1.3% to $69.63 after Q2 revenue missed consensus, but contracted backlog rose to $1.30B. The company needs $103.7M-$153.7M in H2 revenue to hit its 2026 target.
Archer Aviation Surges on Boeing Unit Acquisition, Secures $200M Revenue Stream
Archer Aviation shares climbed 4.9% Tuesday after Boeing deal to acquire Wisk, Insitu, and SkyGrid, adding a $200M revenue stream and strategic assets.
Cardinal Health Stock Hits Record High on Strong Fiscal 2027 Outlook
Cardinal Health shares surged to a record high after the company issued a fiscal 2027 earnings forecast that exceeded analyst expectations, driven by strong segment performance.