Seagate Targets 50% Margins, Shares Rebound on AI Storage Demand
Earnings James Calloway

Seagate Targets 50% Margins, Shares Rebound on AI Storage Demand

Seagate shares rebounded 5.9% after projecting ~50% operating margins, with AI-driven data center revenue up 57% and strong Q4 results.

STX WDC
Ford Upgrades 2026 Profit Forecast; Blue, Pro Drive 75% of Gain
Earnings James Calloway

Ford Upgrades 2026 Profit Forecast; Blue, Pro Drive 75% of Gain

Ford Motor Company (NYSE:F) raised its 2026 adjusted EBIT midpoint to $10.5 billion, with Ford Blue and Ford Pro contributing 75% of the $1 billion upgrade. Shares rose 4.75% in premarket trading.

F GM
SoFi Faces Margin Test as Q2 Earnings Approach
Earnings James Calloway

SoFi Faces Margin Test as Q2 Earnings Approach

SoFi Technologies (SOFI) stock edged higher in pre-market trading ahead of its Q2 earnings release, with investors focused on the company's ability to hit a 38% adjusted EBITDA margin in the second half.

SOFI
Visa Shares Edge Lower Despite Earnings Beat as Cross-Border Revenue Growth Lags
Earnings James Calloway

Visa Shares Edge Lower Despite Earnings Beat as Cross-Border Revenue Growth Lags

Visa's Q3 earnings beat estimates, but shares fell premarket as international transaction revenue growth lagged cross-border volume, raising concerns about revenue conversion.

V MA
Nokia Shares Slide as AI Orders Outpace Revenue, Profit Outlook Adjusted
Earnings James Calloway

Nokia Shares Slide as AI Orders Outpace Revenue, Profit Outlook Adjusted

Nokia shares declined 0.95% to €7.75 as AI and cloud orders reached 6.3 times Q2 sales, but the raised profit outlook is due to accounting factors.

Lucid Shares Jump 22% on Saudi Prince's 5% Stake Disclosure
Markets Daniel Marsh

Lucid Shares Jump 22% on Saudi Prince's 5% Stake Disclosure

Lucid shares surged 22% after a Saudi prince revealed a 5% passive stake, adding $546 million in market value. The stock later slipped in premarket trading.

LCID UBER
Plug Power Shares Slide 14% Ahead of Crucial $50 Million Asset Sale
Markets Daniel Marsh

Plug Power Shares Slide 14% Ahead of Crucial $50 Million Asset Sale

Plug Power shares dropped 14% ahead of a $50 million asset sale test on Friday, part of a broader $80 million liquidity push as the company works to manage cash burn.

PLUG BE
JetBlue Stock Surges 10% on Fuel Cost Relief and Upbeat Outlook
Markets Daniel Marsh

JetBlue Stock Surges 10% on Fuel Cost Relief and Upbeat Outlook

JetBlue shares surged 10% on Tuesday after the company raised its guidance, citing a lower fuel cost forecast that offset broader sector concerns.

JBLU DAL UAL LUV
American Airlines Stock Dips After Brief IT Outage Grounds Flights
Markets Daniel Marsh

American Airlines Stock Dips After Brief IT Outage Grounds Flights

American Airlines shares dipped 1% in premarket trading after a 48-minute system outage halted all U.S. departures, underperforming rivals Delta and United.

AAL DAL UAL
SpaceX Shares Dip as Orbital AI Faces Environmental Scrutiny
Regulation James Calloway

SpaceX Shares Dip as Orbital AI Faces Environmental Scrutiny

SpaceX shares slipped 1.3% pre-market as environmental scrutiny of its orbital AI project intensifies, with valuation at 81.9 times sales. Q2 results due Aug 4.

Nvidia's $238B Market Value Erodes Amid AI Investment Doubts
Earnings James Calloway

Nvidia's $238B Market Value Erodes Amid AI Investment Doubts

Nvidia shares slipped in premarket trading Wednesday after losing $238 billion in market value over two sessions, as investors question AI spending sustainability.

NVDA META MSFT AMZN
Intel Stock Dips as Focus Shifts to AI Revenue Quality
Earnings James Calloway

Intel Stock Dips as Focus Shifts to AI Revenue Quality

Intel shares slipped 1.6% to $84.96 in premarket trade Wednesday as investors question the quality of AI revenue growth, despite a 59% jump in data-center and AI revenue.

INTC