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AMD Stock Falls 2.3% on Helios AI Rack Production News, Despite Pre-Event Rally
AMD shares fell 2.29% to $539.69 after Helios AI rack production news, despite a prior 11.4% rally. Revenue from Helios is not expected until late Q3, with OpenAI's broad rollout later in 2026.
Deckers Outdoor Shares Slide as Buybacks Support EPS Amid Profit Decline
Deckers Outdoor (NYSE:DECK) shares dropped 6.1% in after-hours trading after reporting a 6.6% decline in net income, though EPS increased due to aggressive share buybacks.
Martha Stewart Lamp at Marshalls Highlights TJX Home Segment Growth
TJX's HomeGoods segment reported a 40% jump in operating profit, with sales up 11%. A $70 Martha Stewart lamp at Marshalls illustrates the company's home goods appeal and margin growth.
SSI Payment Shift May Boost Walmart's Q2 Sales
The August 2026 SSI payment moves to July 31, aligning with Walmart's fiscal quarter end and potentially boosting Q2 sales. Dollar General and Dollar Tree see no timing change.
ServiceNow Shares Slide 3.7% on Weaker H2 Forecast
ServiceNow shares dropped 3.7% after its 2026 forecast suggested softer H2 performance, with subscription revenue $44.5 million below earlier projections.
Lucas GC Soars 85% on Massive Volume, CTO Transition Set
Lucas GC shares rocketed 85% on volume exceeding shares outstanding. The CTO steps down as senior adviser next week.
SoundHound AI Shares Dip 3.7% as Revenue Growth Questions Loom
SoundHound AI shares dropped 3.7% to $6.22 as a new Deliverect partnership failed to reassure investors ahead of Q2 results, with revenue growth targets under scrutiny.
Megacap Cash Burn and Surging Oil Pressure Markets
U.S. stocks fell sharply on Thursday, led by a 2.3% drop in the Nasdaq, after Alphabet and Tesla reported heavy capital spending and negative free cash flow. Brent crude surged above $101, adding to inflation fears ahead of the Fed meeting.
Dow Plunges 507 Points; Tech Giants Alphabet, Amazon, Salesforce Fuel Nearly Half the Drop
The Dow Jones fell 507 points as Alphabet, Amazon, and Salesforce accounted for nearly half the drop. Oil above $100 and rising rate hike odds added pressure, while Honeywell gained.