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Netflix Slips After $500M Licensing Deal for The Walking Dead Franchise
Netflix shares slipped 0.6% after announcing a $500 million, five-year licensing deal for The Walking Dead franchise, raising questions about the impact on its ad-supported model and overall content spending.
First Solar Shares Surge 3.4% on Q2 Earnings Beat, Boosted by Tariff Refund
First Solar (FSLR) shares surged 3.4% after Q2 earnings of $3.92 per share topped the $2.99 consensus, with a $88.6 million tariff refund lifting gross margin to 57.3%. Revenue matched forecasts at $1.06 billion.
Reddit stock dips 9% after-hours despite Q2 earnings beat as US user growth stalls
Reddit shares dropped 9.3% in after-hours trading despite a Q2 earnings beat, as U.S. daily active users flattened and revenue growth is expected to slow in Q3.
Coinbase Stock Tumbles on Q2 Profit Miss, Weak Q3 Guidance
Coinbase shares sank 5.6% in after-hours trading after Q2 adjusted EBITDA fell 36.5% below consensus, while Q3 services guidance also missed forecasts.
Rivian Stock Rises on Q2 Beat, But Software Props Up Profit
Rivian shares climbed after Q2 results exceeded expectations, but gross profit was entirely driven by software, masking an automotive segment loss.
Strategy Shares Dip After Q2 Results, $3.75B Reserve Bolsters Bitcoin Position
Strategy shares slipped after Q2 results showed an $8.22B net loss, but a $3.75B reserve offers breathing room for its massive Bitcoin position.
Roblox Shares Tumble 12% as Weak Q3 Bookings Forecast Dampens Cash Flow Optimism
Roblox shares dropped 12% in after-hours trading after issuing a disappointing Q3 bookings forecast, overshadowing better-than-expected Q2 revenue and cash flow.
Bitcoin Steadies Near $65K as Treasury Yields Outshine Crypto Carry Trade
Bitcoin hovers near $64,728 amid rising Treasury yields and weak ETF inflows, with spot volume hitting a five-year low. Institutional interest remains tepid.
XRP Holds Near $1.08 as ETF Assets Trail Inflows by 34%
XRP edges up to $1.08, but U.S. spot ETF assets of $989 million trail net inflows by $507 million, signaling weak institutional demand.
2027 Social Security COLA Estimate: $63 Billion Annual Boost
A 3.8% COLA estimate for 2027 Social Security benefits could raise annual payouts by $63 billion, with typical retired workers receiving an extra $79 per month.
Ford Stock Retreats After CEO Warns of Chinese EV Threat to US Market
Ford shares gave up post-earnings gains after CEO Jim Farley warned Chinese automakers could enter the US market within 5-10 years. Q2 adjusted EPS beat estimates at $0.42, but Model e losses remain substantial.