Latest News
Intel's Foundry Growth Veiled by Internal Sales, Valuation Scrutinized
Intel's foundry business still relies on internal customers for 95% of revenue, raising concerns about its $454B valuation. External sales were only $293M in Q2.
Eos Energy Gains on Google Deal, Backlog Validation
Eos Energy shares jumped 17.8% after announcing a Google-backed storage project, but the deal represents only 2.9% of backlog and profitability remains elusive.
Super Micro's $6.8B Cash Burn Spurs Growth Doubts
Super Micro's stock fell 1.8% after reporting a $6.8 billion operating cash outflow for fiscal 2026, overshadowing a 77.8% revenue surge and raising questions about growth sustainability.
NetApp Shares Slide 7.9% Despite Record Revenue as Cash Flow Drops
NetApp shares dropped 7.9% in premarket trading despite a 30% revenue increase, as free cash flow fell 35% and cash conversion halved, raising investor concerns.
Vale Shares Jump 4% on Ambitious Iron Ore Output Target
Vale's stock climbed 4% after the miner announced a 2026 iron ore production target that could require a 13% increase in output. The company's Q2 results showed strong margins, but cost pressures remain a concern.
Oil Rebounds Above $91; Tech Futures Cede Early Gains
Oil rebounded above $91, while tech futures gave up early gains. Snowflake surged 23% on raised outlook, but Broadcom and HPE declined on guidance concerns.
MARA Stock Gains 2.3% as Bitcoin Dips Below $78,000, Miners Outperform
MARA Holdings rose 2.35% to $10.47, but underperformed rivals as bitcoin traded below $78,000. Q2 revenue fell 27% and energy costs per bitcoin surged 14.7%.
AT&T Projects $18B Free Cash Flow, Signaling 10% Yield
AT&T projects 2026 free cash flow above $18 billion, implying a 10.1% yield at current prices. Q2 added over a million subscribers, and buybacks continue.
SoFi Surges on Scotiabank's $25 Target, Fee Revenue Growth
SoFi shares jumped 4.6% after Scotiabank set a $25 price target, citing its growing fee-based revenue stream. The stock closed at $17.84, with analysts split on the rerating.
Meta Stock Climbs Despite Surging Costs and AI Spending
Meta Platforms (META) shares advanced 2.5% despite a 55% cost surge, as investors focus on AI-driven growth. Q2 revenue rose 28% but operating margin fell to 31%.
Ambev ADRs Surge 3.5% on Brazilian Market Rally
Ambev ADRs climbed 3.5% on a broad Brazilian market rally, with the real's strength driving most gains. Q2 results showed solid growth, but analyst targets imply modest upside.
