Uber reported second-quarter results on Wednesday that beat on bookings and profit, but shares fell as the ride-hailing giant's bookings guidance missed analyst projections. Uber says its robotaxi push is still well underway, with investments set to grow.
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SpaceX is on course to burn $50 billion this year. That's a surprise.
Walt Disney's (DIS) fiscal third-quarter earnings rose above Wall Street's estimates on Wednesday ev
PFE raises its 2026 revenue outlook as non-COVID growth, deeper cost cuts and pipeline catalysts offset weaker COVID demand.
(Bloomberg) -- CVS Health Corp. shares fell after the company gave preliminary 2027 profit guidance that disappointed investors and warned of challenges in its pharmacy benefit manager next year, overshadowing a better-than-expected second quarter report.Most Read from BloombergTrump Says Iran Talks Going Well as Hopes Rise for Hormuz DealSpaceX’s AI Splurge Puts Damper on Debut Earnings After IPOChina’s AI Blitz Creates ‘Death Zone’ for Rival US Model MakersTaco Bell Met With Michigan on Parasi
The biotech raised its full-year revenue forecast to $38.2 billion–$39.4 billion after second-quarter revenue rose 10% to $10.1 billion
CEO Paul Prager said the company is transitioning from "platform formation" to "scaled execution" as it expands its AI infrastructure business.
Galaxy Digital Inc. (GLXY) delivered earnings and revenue surprises of +75.00% and -18.12%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Recursion Pharmaceuticals (RXRX) delivered earnings and revenue surprises of -8.70% and -46.77%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Industrials products and automation company Regal Rexnord (NYSE:RRX) missed Wall Street’s revenue expectations in Q2 CY2026 as sales rose 4.2% year on year to $1.56 billion. Its non-GAAP profit of $2.99 per share was 15.7% above analysts’ consensus estimates.
The ride-hailing company's bookings and earnings forecasts for the current quarter came in below analyst expectations
(Bloomberg) -- Circle Internet Group Inc. reported second-quarter revenue that missed Wall Street expectations after circulation of its stablecoin USDC fell from a peak amid a protracted slide in cryptocurrency markets. Most Read from BloombergTrump Says Iran Talks Going Well as Hopes Rise for Hormuz DealChina’s AI Blitz Creates ‘Death Zone’ for Rival US Model MakersBeer Dynasty Families Sell €731 Million Stake in AB InBevTaco Bell Met With Michigan on Parasite Weeks Before RecallSpaceX’s AI Spl
In recent days, eBay has faced multiple analyst downgrades ahead of its August 5 second-quarter 2026 earnings release, with concerns centered on rising competitive pressure in U.S. recommerce and higher marketing costs tied to the newly closed US$1.40 billion Depop acquisition. At the same time, eBay is pushing ahead with product and marketplace changes, from AI-enabled tools and eBay Live monetization to Australia’s new Extended Bidding auction format, highlighting management’s focus on...
Elon Musk said on Tuesday SpaceX will build its AI infrastructure exclusively on Nvidia chips going forward.
Zeta (ZETA) delivered earnings and revenue surprises of -10.00% and +5.36%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Primoris Services (PRIM) delivered earnings and revenue surprises of +22.86% and -0.51%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Opendoor Technologies (OPEN) delivered earnings and revenue surprises of -50.00% and -3.29%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Finance of America Companies (FOA) delivered earnings and revenue surprises of -22.94% and -43.11%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
On the latest episode of the AI Investor Podcast, 24/7 Wall St. Analyst Austin Smith opens with a puzzle: two companies are being treated in opposite ways for the same underlying behavior. Microsoft is up roughly 16% after Azure growth accelerated from 38% to 43%, with guidance pointing to 45–46%, vindicating a capex program the market had criticized. Meta, meanwhile, is down about 10% at roughly 20x earnings despite 28% top-line growth — and is being punished for the same infrastructure spending, even after Zuckerberg argued that Meta rents out compute at a markup over its cost. Co-host Eric Bleeker's answer is that both moves are likely overreactions, and that the real variable is what each company said versus what Wall Street wanted to hear. Microsoft delivered on message: Azure at a $124 billion run rate, 90% of cloud demand coming from outside the frontier labs, and no capex increase. He frames Microsoft's position as a prisoner's dilemma, since compute routed to Azure is compute unavailable for its own AI products, and argues Microsoft CEO Satya Nadella relented under pressure from prior quarters. He compares the market's discomfort with capex growth to Apple's mid-decade smartphone choppiness versus Google's steadier trajectory. Meta hit every wrong note: an EPS miss on one-time costs, decelerating guidance, Zuckerberg walking back the cloud-capacity revenue opportunity, and incremental compute directed toward Meta Superintelligence rather than the core ad business. Eric estimates the justified moves were only a few percent in either direction, with the rest attributable to PR and positioning. He credits Microsoft's software exposure as valuable diversification, but concludes the share-price gap doesn't reflect any real difference in business trajectory.
Technology real estate company Opendoor (NASDAQ:OPEN) fell short of the market’s revenue expectations in Q2 CY2026, with sales falling 43.7% year on year to $883 million. Its GAAP loss of $0.17 per share was significantly below analysts’ consensus estimates.
AMD earnings beat on revenue, profit, and margin, and guidance hit $13 billion. The stock still fell 8% after hours.
The firm is hurting from a slowdown in the crypto market, and the announcement of a new competitor will further pressure the stock.
Novo now expects underlying sales and operating profit in the range of 0% to –6% for the year.
PNW's Q2 earnings fall short as rising fuel, power and interest costs offset 7.1% revenue growth, while 2026 guidance remains intact.
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.
Fuelled by blockbusters such as Eliquis, Pfizer is cementing its post-Covid revenue legacy.
APO's Q2 results are affected by higher expenses as adjusted net income misses estimates. Higher AUM and revenue growth provide support.
POWL's fiscal Q3 earnings and revenues miss estimates, even as record orders and a $2.4 billion backlog strengthen its outlook.
PHIN misses Q2 earnings estimates despite higher sales as employee costs and product mix weigh on margins.