Palantir Shares Drop 6% on Software Sector Concerns
Technology Sarah Chen

Palantir Shares Drop 6% on Software Sector Concerns

Palantir shares slid 6% after a software sector warning raised concerns about AI spending delays, wiping out $22 billion in market value.

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NuScale Power Drops Below Equity Sale Price Amid Dilution Concerns
Markets Daniel Marsh

NuScale Power Drops Below Equity Sale Price Amid Dilution Concerns

NuScale Power shares slipped 1.7% to $8.56, trading below its recent equity sale average of $9.69. Dilution concerns and heavy cash burn overshadow nuclear policy gains.

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SoundHound AI Stock Slips Ahead of Q2 Earnings Amid Revenue Growth Concerns
Earnings James Calloway

SoundHound AI Stock Slips Ahead of Q2 Earnings Amid Revenue Growth Concerns

SoundHound AI shares dropped 1.8% to $6.44 ahead of its August 5 Q2 earnings. Analysts project $52.47M in revenue, but margin concerns and acquisition risks weigh on sentiment.

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Bradesco Shares Rise as Q2 Target Looms; Earnings Outlook Tightens
Earnings James Calloway

Bradesco Shares Rise as Q2 Target Looms; Earnings Outlook Tightens

Bradesco shares gained 1.8% as the bank faces a tighter path to its 2026 earnings target, requiring average post-provision NII of R$10.54 billion in the next three quarters.

Wabtec Surges 11% as Order Backlog Swells, Driving Higher Valuation
Earnings James Calloway

Wabtec Surges 11% as Order Backlog Swells, Driving Higher Valuation

Wabtec shares jumped 10.7% to $291.68 after Q2 results beat estimates and total backlog surged 41.7% to $30.93 billion, driving a 7.6% expansion in the forward P/E multiple.

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Pegasystems Shares Plunge 16% on AI-Led Slowdown and ACV Growth Concerns
Earnings James Calloway

Pegasystems Shares Plunge 16% on AI-Led Slowdown and ACV Growth Concerns

Pegasystems (NASDAQ:PEGA) shares dropped 16% after ACV growth slowed sharply, making the February 2026 target seem out of reach due to AI uncertainty and buyer hesitation.

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Transocean and Valaris Shares Rise as Merger Spread Narrows to 2.25%
Markets Daniel Marsh

Transocean and Valaris Shares Rise as Merger Spread Narrows to 2.25%

Transocean (RIG) gained 1.24% to $5.305, while Valaris (VAL) rose 1.18% to $79.00, with the merger spread narrowing to 2.25% as the companies await regulatory clearance.

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Coeur Mining Market Cap Ties Pan American Silver Ahead of Key Cash Flow Report
Markets Daniel Marsh

Coeur Mining Market Cap Ties Pan American Silver Ahead of Key Cash Flow Report

Coeur Mining's market cap edges past Pan American Silver as investors await Q2 results on August 5 to assess cash flow from recently acquired mines.

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Ford Stock Gains as Market Shifts Focus from Volume to Profit Quality
Earnings James Calloway

Ford Stock Gains as Market Shifts Focus from Volume to Profit Quality

Ford shares climbed 1.4% to $14.47, surpassing FactSet's median price target, as investors shift focus from sales volume to profit quality ahead of Q2 earnings.

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Amazon Narrows AGI Team, Focuses on $200B Capex ROI
Technology Sarah Chen

Amazon Narrows AGI Team, Focuses on $200B Capex ROI

Amazon reduced headcount in its AGI unit, signaling a more selective approach to AI investments as it manages a $200 billion capex plan.

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ServiceNow Stock Slips on Q2 Backlog Concerns Despite Revenue Growth
Earnings James Calloway

ServiceNow Stock Slips on Q2 Backlog Concerns Despite Revenue Growth

ServiceNow shares declined 4.9% after Q2 backlog data disappointed, despite a revenue uptick. Investors await earnings, with focus on organic growth and AI impact.

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Kalshi Midterm Hub Reveals Divergent House and Senate Odds
Analysis Daniel Marsh

Kalshi Midterm Hub Reveals Divergent House and Senate Odds

Kalshi's midterm hub highlights a sharp contrast: Democrats are heavily favored to win the House, but Senate control remains a tight race.