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GlobalFoundries Stock in Focus as $300M US Award Nears Finalization
GlobalFoundries (GFS) secures a $300 million US government award proposal, with the Commerce Department taking a 1% stake. Q2 earnings due August 5, revenue expected around $1.76 billion.
SoFi Stock Slips Despite Q2 Revenue Surge; Profit Forecast Steady
SoFi shares declined 0.9% for the week despite a strong Q2 with 40% adjusted revenue growth. The company lifted its 2026 revenue forecast but held profit guidance steady.
3M Stock Rally Outpaces Earnings Guidance Growth
3M shares jumped 10.8% post-earnings, but guidance midpoint rose just 3.2%, raising valuation concerns.
Berkshire Hathaway Nears Price Target as Short-Term Rate Tailwind Wanes
Berkshire Hathaway's Class B shares climbed 3.4% to $511.54, approaching the average analyst target of $513.64, while falling short-term yields reduce expected income from its cash pile.
NIO Surges Past Rivals in 2026 Deliveries After July Gains
NIO's July deliveries rose 71% YoY to 35,934 vehicles, helping it overtake Li Auto and XPeng in 2026 cumulative sales. The stock gained 8.7% last week.
Roblox Shares Tumble 27% on North America Monetization Woes
Roblox shares fell 27% after weak Q3 bookings guidance, with U.S./Canada monetization lagging. The stock closed at $35.60, its worst day on record.
Ambarella Soars 16% on NXP Acquisition Talks; NXP Drops 6.5%
Ambarella (AMBA) jumped 16% on takeover speculation involving NXP Semiconductors (NXPI), which fell 6.5%, wiping out $4 billion in market value.
