News

Dow Jones AI giant Microsoft stock is breaking out past a buy point following last week's earnings-fueled surge that saw the stock rally 21%.

Short sellers piled into Microsoft and Amazon at historically stretched levels before earnings, and the beats that followed set off a covering scramble that has powered both stocks for weeks. Now the question is whether the rally has legs or whether the easiest gains are already gone.

PCB manufacturing company TTM Technologies (NASDAQ:TTMI) will be announcing earnings results this Wednesday after the bell. Here’s what to look for.

Viper Energy (NASDAQ:VNOM) said steady development activity across its mineral and royalty acreage supported second-quarter execution and prompted the company to initiate third-quarter average production guidance implying roughly 4.5% growth from the second quarter. Chief Executive Officer Kaes Van

Wix.com (NASDAQ:WIX) reported second-quarter 2026 bookings growth of 12% year over year and revenue growth of 15%, driven by continued growth in its core business and strong demand for Base44, its AI-powered application creation platform. Chief Executive Officer and Co-Founder Avishai Abrahami said

FSN E-Commerce Ventures Ltd (BOM:543384) reports robust Q1 FY27 results with record profitability, strategic Nike partnership traction, and rapid expansion of Nyka Now quick-commerce.

Defense segment surges with 2.2 book-to-bill ratio, while VA incentive suspension and MHS Genesis uncertainty temper overall growth outlook.

Company raises full-year guidance amid strong portfolio growth and strategic expansion into new European markets.

Wayfair Inc (W) posts best quarterly EBITDA margin since 2021, with US revenue up 8.7% and Perigold surging over 35% as the company's strategic initiatives drive sustained momentum.

Spotify Technology SA (SPOT) beats subscriber guidance and posts record profitability, while strategically managing MAU growth in emerging markets to drive long-term value.

DigitalOcean's Q2 revenue surged 29% year-over-year to $281 million, driven by record incremental ARR and 200% growth in AI customer ARR, prompting an increased full-year 2026 guidance.

IT solutions provider CDW (NASDAQGS:CDW) will be reporting results this Wednesday before the bell. Here’s what to look for.

Wix stock looks cheap -- so long as you're not too worried about it being "unprofitable."

Qnity Electronics Inc (Q) delivers ninth consecutive quarter of profitable growth, with organic sales up 22% and adjusted EPS surging 53% year-over-year.

Aptiv PLC (APTV) delivers 2% revenue growth and secures $5 billion in new business awards despite lowering full-year guidance due to prolonged weakness in the Chinese market.

Options traders expect a 15% move as short bets and a massive share unlock raise the stakes.

Pattern Group is finding support at its 50-day moving average as the stock carves a base that could offer a proper buy point at 29.80.

The Danish drugmaker continues to rely on the success of semaglutide, branded as Wegovy for weight loss and Ozempic for diabetes.

US equities rallied intraday, fueled by upbeat earnings reports and hopes that the Strait of Hormuz

Western Digital will report results for its fiscal fourth quarter after the closing bell on Wednesday, August 5, giving investors another important read on enterprise storage demand and the ongoing AI infrastructure buildout.

MCHP heads into fiscal Q1 2027 with stronger bookings, AI and data center demand, channel restocking and expected margin expansion.

Tower Semiconductor (NASDAQ:TSEM) reported record second-quarter 2026 revenue and profitability, citing accelerating demand for silicon photonics and related data-center connectivity products. The company also raised its 2028 financial model and detailed a two-track expansion plan in Japan intended

Sterling Infrastructure (NASDAQ:STRL) reported sharply higher second-quarter results as demand for mission-critical infrastructure work, including data centers and semiconductor campuses, drove growth in its E-Infrastructure Solutions segment. Management also raised its full-year outlook to reflect

Long-term investors should focus on SpaceX's lockup expiration on Thursday.

Investing.com -- Jefferies downgraded Cigna to Hold from Buy, arguing that a growing list of earnings headwinds and limited catalysts outweigh the stock's discounted valuation, while cutting its price target to $307 from $336.

The Danish drugmaker's Wegovy pill has exceeded 5 million prescriptions in the U.S. since launch, driving stronger-than-expected profit

(Updates with index/price moves, macroeconomic data, and company news from the first paragraph.)

Nvidia stock clears the 50-day moving average amid Big Tech earnings. Advanced Micro Devices is set to report Tuesday.

Powell Industries (NASDAQ:POWL) reported record third-quarter order bookings and a backlog that surpassed $2 billion for the first time in its 79-year history, as demand remained strong across data centers, electric utilities, LNG and other industrial markets. For the fiscal third quarter ended Jun

The Danish drugmaker said annual sales and operating profit should fall less than it previously expected following a boost in the second quarter.