Latest News
Microsoft Expands Hyderabad Azure Hub with $20.5B India Investment
Microsoft inaugurated its biggest cloud region in India, located in Hyderabad, backed by a $20.5 billion commitment. The move expands Azure's local footprint and aims to capture growing demand from regulated industries.
Ondas wins $56M in defense deals, focus shifts to execution
Ondas Inc. (ONDS) announced over $56 million in defense awards, surpassing Q1 revenue. Market reaction was muted as investors focus on revenue conversion.
Iovance Soars 43% on Record Amtagvi Sales, Manufacturing Milestone
Iovance shares surged 43% after Q2 revenue beat estimates, driven by Amtagvi sales and a major improvement in gross margin, signaling a manufacturing turning point.
Doximity Stock Soars 70% on AI Revenue Optimism, Despite Guidance Cut
Doximity (NYSE:DOCS) jumped 70% premarket after raising revenue guidance, but EBITDA forecast was cut. AI Search revenue expected in Q3, driving valuation optimism.
UiPath Stock Surges 29% Ahead of Q2 Earnings, But Analysts Remain Cautious
UiPath shares rallied 29% since late July, closing at $14.00 on Thursday. Trading volume spiked, but analysts' average target sits 5% below the current price.
Trade Desk Plunges 28% on Weak Q3 Guidance, Monetization Worries
The Trade Desk (TTD) drops 28% premarket after Q2 revenue miss and weak Q3 guidance, sparking concerns over monetization and competition.
Hertz Stock Surges on Q2 Earnings Beat, Pricing Power Drives Revenue
Hertz reported Q2 revenue of $2.396B, up 10% YoY, driven by pricing. Adjusted loss of $0.11 beat expectations. Shares surged 21.8% premarket.
Intel Stock Climbs Premarket as Profit Forecasts Surge
Intel shares pointed higher premarket on Friday as analyst estimates for Q3 and full-year earnings surged, reflecting strong Q2 results and improving foundry economics.
American Airlines Adjusts Upgrade Policy to Protect Premium Revenue
American Airlines (AAL) will shift Main Cabin elite upgrades to Premium Economy on nine routes starting Aug. 25, aiming to protect premium revenue as fuel costs squeeze margins.
Nvidia Gains $235B Market Edge Over AMD After SpaceX AI Endorsement
Nvidia shares climbed after SpaceX named it the exclusive AI infrastructure provider, widening its market cap advantage over AMD by roughly $235 billion.
SoundHound AI Stock Climbs 10% on Q2 Beat, But Guidance Raises Concerns
SoundHound AI (SOUN) shares gained 10% after Q2 revenue surged 45% to $61.9M, beating estimates, but guidance midpoint only rose 1%.