Latest News
Credo Plunges 20% on Valuation Worries Despite Record Revenue
Credo Technology shares tumbled 20% on Wednesday despite record revenue, as investors balked at a rich valuation and declining GAAP margins. Analysts remain bullish, but concentration risk looms.
Live Nation Rises 1.3% as Venue Expansion Tests Margin Strategy
Live Nation shares rose 1.3% as new venue openings test margin mix, with Q2 revenue up 9% and ticketing AOI up 14%.
Palo Alto Networks Stock Slips 9% on GAAP Loss Despite Strong Sales
Palo Alto Networks stock dropped 9.3% despite 34% revenue growth, as a GAAP net loss of $282 million overshadowed strong sales. FY2027 guidance projects 23-24% growth.
Apple's $200 iPhone 18 Pro Max Price Hike Tests Premium Strategy
Apple shares held steady near $324 as investors weighed a possible $200 price increase for the iPhone 18 Pro Max, which would lift the starting price to $1,399.
Tesla Cybercab Launch Faces Critical Fleet-Scale Test as Shares Hold Near $356
Tesla shares hold near $356 ahead of the Cybercab launch, with investors focused on fleet-scale deployment. Morgan Stanley sees the event as a key test.
DraftKings Recovers 3.3% as $200 Promo Spurs ROI Concerns
DraftKings (DKNG) shares rose 3.3% to $24.21 after extending a $200 new-user bonus, but analysts question promo ROI amid declining revenue per payer.
HPE Stock Slips Despite Record Revenue and Raised Guidance
HPE's record Q3 revenue and raised guidance couldn't prevent a 3.7% after-hours dip. Networking and AI segments surge, but investors eye margins.
Daktronics Stock Retreats on SEC Probe Despite Strong Earnings
Daktronics shares gave up an 11.5% gain after reports of an SEC inquiry, despite strong Q1 earnings and cash flow.
Alphabet Stock Lags S&P 500 as AI Talent Flight Costs Billions
Alphabet shares trail the S&P 500 by nine points as a $44.9 billion AI talent issue looms. Cloud revenue surges 82%, but executive departures spark concerns.
Snap Jumps 4.5% as Cash Flow Hits $706M, Boosting Specs Optimism
Snap shares gained 4.5% after reporting $706 million in positive cash flow, supporting investor confidence in its Specs smart glasses bet.