Latest News
Grab Stock Climbs on Q2 Margin Gains and $750M Buyback
Grab shares jumped 4% premarket after Q2 revenue rose 22% to $997M, adjusted EBITDA surged 54%, and a $750M buyback was announced.
Applied Optoelectronics Surges 23% on AI Optics Demand
AAOI stock jumped 23% since Friday, adding $1.77B in market value ahead of Q2 earnings. Optical sector rallies on AI infrastructure demand.
Snap Beats Q2 Estimates, Non-Ad Revenue Drives Growth
Snap shares jumped 8.5% in premarket after Q2 revenue and user numbers beat consensus, with non-ad revenue leading growth. The company also raised Q3 guidance.
Intel Stock Rises 0.9% to $91 as AI Server Growth Offsets Foundry Losses
Intel shares rose 0.9% to $91.00, lagging the Nasdaq's 2.1% gain, as strong AI server growth was offset by persistent foundry losses and minimal external revenue.
Alphabet's AI Chip Financing Edge Narrows Cost Gap by 220 Basis Points
Alphabet's $43.8 billion credit backstop enables Google-backed data centers to borrow at 7.1% vs. 9.3% for Nvidia-based projects, a 220-basis-point edge. GOOGL shares up 4.9%.
Appeals Court Upholds $23B Student Loan Relief; Servicers Face Limited Risk
A federal appeals court kept the $23 billion student-loan relief settlement on track, expanding borrower coverage. Servicers Maximus and Nelnet face limited direct financial exposure.
Micron's Low P/E Signals Memory Price Gamble
Micron's stock is valued at just 5.3 times fiscal 2027 earnings estimates, a level that hinges on memory pricing staying high. CXMT's expansion plans add uncertainty.
Palantir Stock Leaps on Robust U.S. Demand, Lifts Annual Forecast
Palantir (PLTR) shares surged 15% premarket after Q2 revenue jumped 93% on strong U.S. growth. The company raised its full-year outlook, but valuation concerns linger.
Southwest Airlines' Revenue Surge Outpaces Passenger Growth, Raising Operational Concerns
Southwest Airlines (NYSE:LUV) posted strong Q2 revenue growth but faces execution risks as passenger numbers decline. Boarding procedures remain unchanged despite crew adjustments.
SpaceX Faces Dual Pressures: Starlink Funding Gap and Upcoming Share Unlock
SpaceX's Q2 report is overshadowed by Starlink's thin contribution to AI spending and a massive share unlock. Investors question internal funding.
Nvidia's $143B Surge Tests AI Spending Conversion
Nvidia shares jumped 2.9% Monday, adding $143B in market value, as investors found reassurance in cloud spending. AMD reports Tuesday, and Nvidia's August 26 results will test whether capex converts to revenue.
