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Sony hikes profit forecast on gaming strength
Reuters5d agobullish
Sony hikes profit forecast on gaming strength

Sony on Friday hiked its full-year operating profit forecast by 8% to 1.72 trillion yen ($10.72 billion), ‌citing the strength of its gaming business. The Japanese conglomerate has received ‌plaudits for its pivot to entertainment, but the market is concerned about the impact of ​AI and a memory chip price boom on its business. In the April-June quarter, ‌group operating profit rose 40% ⁠to 476.5 billion yen, beating analyst estimates, due to the strength of the gaming and image sensors businesses.

Bloomberg5d agobullish
Sony Raises Outlook After Entertainment Drives Earnings Beat

(Bloomberg) -- Sony Group Corp. raised its profit outlook after its lucrative content holdings generated continued growth, underscoring the entertainment group’s resilience in the face of rising component prices.Most Read from BloombergChip Stocks Post Biggest Advance Since April 2025: Markets WrapUS Strikes Iran Again as Conflict Spreads Across Middle EastBond Yields at 19-Year High Send Warsh Credibility WarningWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionMicrosoft’s $450 Bil

Amazon Stock Pops 9.5% After-Hours as AWS Fuels Earnings Beat: Jim Cramer Calls it 'Astonishing'
Benzinga5d agobullish
Amazon Stock Pops 9.5% After-Hours as AWS Fuels Earnings Beat: Jim Cramer Calls it 'Astonishing'

Amazon.com, Inc. (NASDAQ:AMZN) shares jumped Thursday after the company delivered stronger-than-expected second-quarter earnings, with investors and analysts praising accelerating Amazon Web Services profitability as evidence that returns on artificial intelligence investments are beginning to materialize. Cramer Calls Amazon ‘Astonishing’ After AWS Delivers CNBC host Jim Cramer called the results “astonishing,” in a post on X, though he said Microsoft Corp. (NASDAQ:MSFT) remains the standout am

Amazon beats expectations with cloud and AI growth
AFP5d agobullish
Amazon beats expectations with cloud and AI growth

Amazon beat analysts' expectations on Thursday when it reported growth in overall revenue and sales, particularly in its cloud, artificial intelligence and chips divisions. The company meanwhile said that two of its AI-related divisions grew by "triple-digit percentages" -- its AI cloud and chips businesses each "exceeded" $25 billion annual revenue run rates, a measure of recurring sales. 

First Solar (FSLR) Beats Q2 Earnings Estimates
Zacks5d agobullish
First Solar (FSLR) Beats Q2 Earnings Estimates

First Solar (FSLR) delivered earnings and revenue surprises of +43.07% and -0.44%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Investing.com5d agobullish
Reddit shares slide despite strong Q2 beat and upbeat guidance

Investing.com -- Reddit Inc (NYSE:RDDT) reported second-quarter financial results that comfortably surpassed Wall Street expectations across top and bottom lines, though the social media platform saw its stock pull back in after-hours trading following a rapid run-up into the print. Shares dropped 7.7% late Thursday despite the company logging its eighth consecutive quarter of revenue growth above 60% and issuing robust guidance for the upcoming period. For the three months ended June 30, total

Amazon beats estimates for quarterly cloud revenue growth
Reuters6d agobullish
Amazon beats estimates for quarterly cloud revenue growth

Amazon.com topped market expectations for quarterly cloud revenue growth on Thursday on the back of surging enterprise AI spending, signaling the company's hefty investments ‌were bearing fruit. Revenue at its cloud computing unit, Amazon Web Services, jumped 37% ‌to $42.2 billion in the second quarter ended June 30, compared with analysts' consensus estimate of a 31.21% increase, according to ​data compiled by LSEG. Amazon said it burned $7.6 billion of cash on a trailing twelve months basis in the second quarter, compared to $18.2 billion in free cash flow a year earlier.