Palantir Falls as Investors Cash Out Ahead of Critical Earnings Report
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IBM's Q2 prerelease for results last week had already lowered expectations for Wednesday's results.
Investing.com -- International Business Machines Corporation (NYSE:IBM) reported second-quarter results that fell short of analyst expectations, though shares rose 3% as the company had issued a profit warning last week.
Senior Business Reporter Brooke DiPalma joins Market Domination Overtime Host Josh Lipton to break down Tesla's (TSLA) second-quarter earnings, with the EV maker reporting $28.24 billion in revenue, up 26% year over year, while adjusted earnings per share came in at $0.33, missing Wall Street expectations.
Texas Instruments beat Wall Street's targets for the second quarter and guided higher than views for the current period. But TXN stock fell in extended trading.
France has flagged risks related to speeding, driver attention, and performance in complex urban environments.
Demand for GE Vernova's equipment rose again in the second quarter of the year, but shares slid about 6% Wednesday morning. The company’s earnings per share missed analyst expectations, though its $11.1 billion in revenue for the quarter was higher than expected. It raised revenue and free cash flow guidance for the year.
Revenue beats expectations as acquisition costs weigh on profitIridium Communications Inc. (NASDAQ:IRDM) reported second-quarter 2026 results on Wednesday that topped revenue expectations but fell short on earnings, as costs related to its pending acquisition by Rocket Lab weighed on profitability.
Intel stock fell almost 8% on Friday after posting blowout Q2 earnings after the bell on Thursday.
GE Vernova’s revenue topped Wall Street estimates, and the company raised its full-year revenue outlook, though earnings per share came in below consensus.
Wall Street stocks looked set for a weaker open on Wednesday as investors lock in profits in technology stocks ahead of crucial earnings from Google owner Alphabet and Tesla, while escalating tensions in the Middle East push oil prices to six-week highs. Dow Jones futures were down 0.2%,...
The brokerage beat analyst estimates on profit and revenue, then raised its full-year guidance, but Schwab stock ended the day down 2.5%
Tesla stock fell about 0.5% before Wednesday's open. Heading into today's earnings call investors are eager for updates about robotaxis and Optimus robots, which are key to Tesla's push into AI.
Investing.com -- GE Vernova Inc. (NYSE:GEV) reported second-quarter results that missed earnings expectations despite beating revenue estimates, with shares falling 2.7% premarket following the announcement.
Highly anticipated GE Vernova earnings for the second quarter early Wednesday will provide the latest insights into AI-driven demand for gas turbines and electrical transformers. GE Vernova confirmed in June that its massive, heavy-duty gas turbines are basically sold out through 2029. Big Tech companies aggressively purchased the gas turbines to power their artificial-intelligence (AI) data-center campuses by themselves, with regionals grids unable to meet massive electricity demand.
RYAAY's Q1 profit declines 34% as lower fares and higher unhedged fuel costs outweighed 6% traffic growth, with pricing visibility still limited.
North American margins drove the beat, yet the automaker lowered net income guidance for a second straight quarter.
Intel confirmed that it is “aligning” its Data Center Group for “long-term success,” according to reports.
TSLA has also dropped 8% over the past month and 6% over three months, while Apple, Alphabet, Nvidia and Amazon remain positive for the year.
General Motors reports second-quarter earnings on Tuesday morning, with investors seemingly confused about what to do with the stock. Coming into Tuesday trading, GM shares were down about 7% year to date, despite rising earnings estimates and a solid first-quarter earnings report. On Tuesday, Wall Street is looking for a quarterly adjusted operating profit of $3.7 billion from sales of $47 billion.
Google stock fell more than 6% Thursday, after increasing its expected capital expenditures to $205 billion for the year.
Google stock fell more than 6% Thursday, after increasing its expected capital expenditures to $205 billion for the year.
Google reported its Q2 earnings after the bell on Wednesday.
Apple Drops Before Earnings Even as Bank of America Backs the Tech Giant
The unwind in artificial intelligence and momentum stocks is entering its maturing stage and should not trigger prolonged market weakness, according to JP Morgan. The bank's equity strategists, led by Mislav Matejka, noted a challenging few weeks for AI-linked groups, with Korea's market down...
July 20 (Reuters) - U.S. stock index futures rose slightly on Monday, following last week's chip-stocks-led pullback, as investors awaited a key slate of earnings that could test Wall Street's AI-
The move could set the stage for another round of the recent yo-yo trade, with weakness in Korean chip stocks spilling over to U.S. semiconductor names and vice versa.
Netflix's revenue growth is being driven by price increases rather than subscriber growth.