Texas Instruments Q2 Revenue Hits Record, Cash Conversion Surges
Earnings James Calloway

Texas Instruments Q2 Revenue Hits Record, Cash Conversion Surges

Texas Instruments (NASDAQ:TXN) reported record Q2 revenue of $5.46 billion, beating estimates and showing a surge in cash conversion to 95% of net income, excluding CHIPS Act grants.

TXN NXPI
Rani Therapeutics Soars 29%, Narrows Nasdaq Compliance Gap to 11%
Markets Daniel Marsh

Rani Therapeutics Soars 29%, Narrows Nasdaq Compliance Gap to 11%

Rani Therapeutics shares jumped 29.4% to $0.89, reducing the gap to Nasdaq's $1 minimum bid to about 11%. CEO Talat Imran's open-market purchase and promising Phase 1a results for RT-114 fueled the rally.

RANI ENTX XBI
Huntington Bancshares Q2 Preview: Deal-Driven Growth Meets EPS Expectations
Earnings James Calloway

Huntington Bancshares Q2 Preview: Deal-Driven Growth Meets EPS Expectations

Huntington Bancshares (HBAN) closes up 0.6% ahead of Q2 earnings, with analysts eyeing deal-driven EPS growth amid integration costs and margin pressures.

HBAN CFG FITB JEF
Rigetti Computing's Strong Cash Position Offsets Steep Revenue Multiple
Technology Sarah Chen

Rigetti Computing's Strong Cash Position Offsets Steep Revenue Multiple

Rigetti Computing shares rose 7.7% since Friday, outperforming quantum peers, as its $569M cash reserve highlights a 290x sales multiple.

RGTI IONQ QBTS
Tesla Q2 earnings miss on profit, beat on cash flow, shares dip
Earnings James Calloway

Tesla Q2 earnings miss on profit, beat on cash flow, shares dip

Tesla's Q2 adjusted earnings of $0.33 per share missed the $0.55 consensus, but free cash flow of -$1.09B was better than the expected -$3.25B. Shares slipped 2.6% in after-hours trading.

TSLA MS
IBM Trims 2026 Revenue Forecast, Puts Pressure on H2 Cash Flow
Earnings James Calloway

IBM Trims 2026 Revenue Forecast, Puts Pressure on H2 Cash Flow

IBM cut its 2026 revenue growth forecast to 4%-5% and held its cash flow target, raising the bar for H2. Q2 revenue of $17.16B fell short of analyst expectations.

IBM NOW
Dow Flat as Software Slide Offsets Goldman's Gains
Markets Daniel Marsh

Dow Flat as Software Slide Offsets Goldman's Gains

The Dow ended nearly flat on Wednesday as a decline in software stocks, led by Microsoft and Salesforce, countered a boost from Goldman Sachs.

GS MSFT CRM JNJ BA IBM HON SCHW WFC GOOGL TSLA META AAPL AMZN
Alphabet Cloud Drives Profit Surge as Free Cash Flow Turns Negative
Earnings James Calloway

Alphabet Cloud Drives Profit Surge as Free Cash Flow Turns Negative

Alphabet's cloud division powered 63% of operating profit growth, but free cash flow turned negative at -$5.9B due to soaring capital expenditures.

GOOGL MSFT AMZN
AI Hardware Stocks Surge as Software Slumps, Widening Sector Divide
Markets Daniel Marsh

AI Hardware Stocks Surge as Software Slumps, Widening Sector Divide

US equities declined as AI hardware stocks surged on margin improvements, while software shares slumped, creating a 21-point performance gap.

SMCI DELL NOW WDAY SCHW GOOGL TSLA WFC
Zhibao Surges 57% on 3,500 Bitcoin PIPE Deal, Dilution Details Unclear
Crypto Sarah Chen

Zhibao Surges 57% on 3,500 Bitcoin PIPE Deal, Dilution Details Unclear

Zhibao Technology (ZBAO) shares surged 57% to $0.285 after a non-binding PIPE deal involving 3,500 bitcoin, valued at $230.2 million. Key details on pricing and dilution are still missing.

ZBAO
Advanced Biomed Surges 74.6% After Terminating $25M Equity Facility
Markets Daniel Marsh

Advanced Biomed Surges 74.6% After Terminating $25M Equity Facility

Shares of Advanced Biomed (ADVB) jumped 74.6% after the company terminated a $25 million equity facility, removing overhang of potential dilution.

ADVB XBI IWM
Knightscope Stock Jumps 46% on Q2 Preliminary Revenue Beat
Earnings James Calloway

Knightscope Stock Jumps 46% on Q2 Preliminary Revenue Beat

Knightscope shares rose 46% to $2.09 after preliminary Q2 revenue of $9 million, more than three times last year's figure, though slightly below Q1 pro forma levels.

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