News

SpaceX announced its first earnings since its June IPO, cutting its losses and growing its revenue more than expected.

Cricut (CRCT) delivered earnings and revenue surprises of +375.00% and -6.89%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

President Donald Trump discussed efforts to de-escalate US-Iran tensions with Qatari Emir Tamim bin Hamad Al Thani.

SpaceX's revenue jumped 92 percent in the second quarter, beating analyst expectations by around $1 billion in its first post-IPO earnings report, but shares tumbled as investors remained skeptical about the company's ability to deliver on lofty promises. Investors remain skeptical even with SpaceX beating expectations, Emarketer Senior Analyst Gadjo Sevilla told AFP.  "I don't think people want to hear promises about the next five years or a mission to Mars," Sevilla said. 

SpaceX exceeded revenue expectations and reduced its losses in its initial quarter as a publicly traded company , delivering sharp increases in all three of its divisions: space, connectivity and AI.

Qualys (QLYS) delivered earnings and revenue surprises of +11.24% and +2.06%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Pinterest (PINS) delivered earnings and revenue surprises of +19.44% and +2.39%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Lucid Group (LCID) delivered earnings and revenue surprises of -5.77% and +25.37%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

EOG Resources (EOG) delivered earnings and revenue surprises of +1.20% and +9.56%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Devon Energy (DVN) delivered earnings and revenue surprises of +20.77% and +17.76%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Booking Holdings stock jumped late Tuesday. The online travel agency reported second-quarter results that beat expectations despite grappling with the global impact of the Iran war. Booking Holdings is the parent company of Booking.com, Priceline, Kayak and OpenTable, among other brands.

SpaceX's revenue jumped 92 percent in the second quarter, beating analyst expectations by around $1 billion in its first earnings report since going public in June, the company announced Tuesday.Investors remain skeptical even with SpaceX beating expectations, Emarketer Senior Analyst Gadjo Sevilla told AFP.  "I don't think people want to hear promises about the next five years or a mission to Mars," Sevilla said. 

Arista stock jumped as Q2 earnings and revenue handily beat estimates amid strong demand for AI cloud computing networking gear.

The Dow and S&P 500 hit new highs while the Nasdaq powered higher again. SpaceX, AMD and Arista led earnings movers late.

Sterling Infrastructure Inc (STRL) raises full-year guidance amid record backlog and robust e-infrastructure demand.

Bruker Corp (BRKR) posts 5.2% revenue growth and 53% EPS jump, driven by strong biopharma and semiconductor orders despite U.S. academic weakness.

Arista Networks stock soared Tuesday after the network infrastructure company reported better-than-expected second-quarter earnings. The results provided further evidence that demand for artificial-intelligence services is accelerating, with hardware suppliers like Arista among the main beneficiaries. Arista reported adjusted earnings of $1.02 a share for the second quarter, up from 73 cents last year and above analysts’ call for 89 cents, per FactSet.

Pinterest stock fell late Tuesday, despite reporting second-quarter results that topped expectations. Pinterest's in-line third-quarter guidance may have been a disappointment after rival digital ad platforms Reddit and Snap offered stronger forecasts. The San Francisco-based Pinterest earned an adjusted 43 cents per share for the June-ended quarter, up 30% from a year earlier and ahead of the 36 cents per share that analysts polled by FactSet were forecasting.

SpaceX’s capital expenditure was dominated by AI-related costs in the quarter and came in at $18.4 billion.

Aerospace and defense company Kratos (NASDAQ:KTOS) reported Q2 CY2026 results beating Wall Street’s revenue expectations, with sales up 30.5% year on year to $458.8 million. Guidance for next quarter’s revenue was better than expected at $470 million at the midpoint, 1.1% above analysts’ estimates. Its non-GAAP profit of $0.21 per share was 44.4% above analysts’ consensus estimates.

The entertainment company is set to report fiscal third-quarter earnings ahead of Wednesday’s opening bell.

AMD (AMD) reported second quarter results on Tuesday after the closing bell. Adjusted earnings per share (EPS) came in at $1.66 (compared to analyst estimates of $1.62), and revenue came in at $11.54 billion (compared to analyst estimates of $11.31 billion). Yahoo Finance's Josh Lipton takes a closer look at the breaking numbers, including capex.

SpaceX reported first-quarter sales of $7.8 billion and earnings before interest, taxes, depreciation, and amortization, or Ebitda, of $3.5 billion. Wall Street was looking for $6.8 billion and Ebitda of $2.

(Updates with index/price moves and geopolitical news from the first paragraph.) US equity indexe

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%.

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.

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.

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.