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Is Uber Technologies (UBER) Undervalued After Waymo Ends Their Robotaxi Partnership?
Simply Wall St.14h agobullish
Is Uber Technologies (UBER) Undervalued After Waymo Ends Their Robotaxi Partnership?

Uber Technologies (UBER) is back in focus after news that Waymo plans to exit their robotaxi partnership and launch its own app in key cities, raising fresh questions about Uber’s autonomous ride ambitions. See our latest analysis for Uber Technologies. Investors have been weighing the Waymo exit against other recent headlines, including fresh legal scrutiny around Uber Eats and new grocery retail partnerships. The stock’s 30-day share price return has declined 3.28% and the year-to-date...

Canada's Shopify forecasts revenue above estimates, shares surge
Reuters14h agobullish
Canada's Shopify forecasts revenue above estimates, shares surge

Canada's Shopify projected current-quarter revenue growth above Wall Street estimates on Wednesday, signaling the company's AI efforts were drawing more merchants ‌to its suite of e-commerce services, sending its U.S.-listed shares up 26% ‌premarket. The company's solid outlook and a second-quarter revenue beat are set to quell investor concerns about growing ​competition from new AI tools targeting small businesses that have dented Shopify's shares. If premarket gains hold, Shopify shares are set to recoup all losses this year.

CoreWeave or Nebius: Piper Sandler Picks the Superior Neocloud Stock to Buy
TipRanks14h agobullish
CoreWeave or Nebius: Piper Sandler Picks the Superior Neocloud Stock to Buy

The rapid adoption of AI has created demand for a new type of cloud provider known as the neocloud. Unlike traditional cloud platforms such as Amazon and Microsoft, which offer a broad range of computing and enterprise services, neocloud companies focus almost exclusively on AI infrastructure.Claim 55% Off TipRanks Unlock powerful investing tools with TipRanks Premium to make smarter, more confident investment decisions Subscribe to TipRanks Smart Investor Newsletter, and discover new investing

Eli Lilly raises annual revenue forecast as obesity, diabetes drug demand stay strong
Reuters14h agobullish
Eli Lilly raises annual revenue forecast as obesity, diabetes drug demand stay strong

Aug 5 () - Eli Lilly and Co raised ‌its full-year revenue ‌forecast on Wednesday, banking ​on sustained demand for its blockbuster GLP-1 weight-loss and diabetes drugs. The ‌move comes ⁠less than a day after rival ⁠Novo Nordisk also hiked its full-year profit ​and sales ​forecast, ​banking on ‌its oral Wegovy pill to help claw back lost ground from Lilly in the lucrative ‌obesity market.

Eli Lilly (NYSE:LLY) Beats Expectations in Strong Q2 CY2026, Full-Year Outlook Slightly Exceeds Expectations
StockStory14h agobullish
Eli Lilly (NYSE:LLY) Beats Expectations in Strong Q2 CY2026, Full-Year Outlook Slightly Exceeds Expectations

Global pharmaceutical company Eli Lilly (NYSE:LLY) reported Q2 CY2026 results exceeding the market’s revenue expectations, with sales up 47.7% year on year to $22.97 billion. The company’s full-year revenue guidance of $86 billion at the midpoint came in 0.7% above analysts’ estimates. Its non-GAAP profit of $8.38 per share was 27.3% above analysts’ consensus estimates.

Upstart shares surge after company returns to GAAP profitability
InvestorsHub14h agobullish
Upstart shares surge after company returns to GAAP profitability

Upstart (NASDAQ:UPST) shares climbed 12. 2% in pre-market trading after the AI-powered lending platform reported its strongest quarterly performance in several years, achieving its first GAAP profit since late 2021 and comfortably outperforming market expectations on revenue and loan originations.

Why Powell Industries (POWL) Is Up 13.4% After Record Orders, Backlog Surge And Dividend Declaration
Simply Wall St.15h agobullish
Why Powell Industries (POWL) Is Up 13.4% After Record Orders, Backlog Surge And Dividend Declaration

In its recently reported fiscal 2026 third quarter, Powell Industries, Inc. posted US$311.74 million in sales and US$52.16 million in net income, while its Board declared a US$0.09 per-share quarterly dividend payable on September 16, 2026. Alongside record new orders of US$934 million and a US$2.40 billion backlog, management highlighted an active but valuation-sensitive M&A pipeline aimed at expanding products and services. We’ll now examine how the record order intake and enlarged backlog...

GM extends SAIC partnership with new 20-year agreement following China overhaul
InvestorsHub15h agobullish
GM extends SAIC partnership with new 20-year agreement following China overhaul

General Motors (NYSE:GM) has renewed its joint venture with China’s SAIC Motor for another 20 years, marking a new chapter for the partnership after a major restructuring of its operations in the Chinese market that included factory closures and a streamlined vehicle lineup. The renewed agreement preserves the companies’ 50-50 ownership structure and places greater emphasis on developing vehicles within China to better meet the preferences of local consumers.

DigitalOcean Holdings (DOCN) Beats On Q2 And Lifts Outlook On A Valuation Debate
Simply Wall St.16h agobullish
DigitalOcean Holdings (DOCN) Beats On Q2 And Lifts Outlook On A Valuation Debate

DigitalOcean Holdings (DOCN) is back in focus after reporting second quarter results that topped market expectations for both revenue and earnings per share, along with a higher full year outlook for revenue and adjusted EPS. See our latest analysis for DigitalOcean Holdings. At a share price of $128.89, DigitalOcean Holdings has surged this year, with a year to date share price return of 163.2% and a 1 year total shareholder return of 270.27%. However, the 90 day share price return is down...

European Stocks Extend Record Highs
Barrons.com16h agobullish
European Stocks Extend Record Highs

European stock indexes were rising at the open, extending a raft of record highs. Industrial and retail stocks jumped as the Europe-wide Stoxx 600 rises 0.5% to 659.75 points, a new record. London's FTSE 100 popped 0.

Why Zeta Global Holdings (ZETA) Is Up 10.8% After Another Beat-and-Raise AI-Driven Quarter And What's Next
Simply Wall St.17h agobullish
Why Zeta Global Holdings (ZETA) Is Up 10.8% After Another Beat-and-Raise AI-Driven Quarter And What's Next

Zeta Global Holdings Corp. has reported past second-quarter 2026 results showing sales rising to US$442.77 million with net income of US$8.17 million, alongside higher full-year revenue and GAAP EPS guidance. The company also marked its 20th consecutive beat-and-raise quarter, underpinned by growing AI adoption and partnerships with OpenAI and Palantir that are reshaping how it wins and serves enterprise clients. Next, we’ll examine how this stronger guidance, underpinned by AI-driven...