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...
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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.
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
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.
Kratos Defense & Security (NASDAQ:KTOS) shares jumped 7. 8% in pre-market trading after the defense technology company reported second-quarter 2026 results that comfortably exceeded Wall Street expectations and raised its growth outlook for the full year.
The contract covers the provision of inspection, preservation, maintenance and operational readiness services for certain Petrobras assets.
Palantir's CEO climbed the Forbes ranking as the stock rally hit 30%. Here is what changed for Alex Karp today.
Settling the debate between the iShares Bitcoin Trust ETF and the Morgan Stanley Bitcoin Trust ETF may boil down to some simple math.
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 (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.
Booking Holdings (NASDAQ:BKNG) reported second-quarter results that surpassed analyst expectations, driven by steady global travel demand and solid growth across its platform. The stronger-than-expected performance sent the company’s shares more than 5% higher in pre-market trading on Wednesday.
CVS Health said it will revamp its weight management program through a partnership with Eli Lilly as the company lifted its full-year outlook and reported a nearly threefold increase in its second-quarter profit.
Autonomous driving partner Wayve received a key London license, paving the way for public robotaxi trials on the platform.
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...
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.
The enhancements give customers more control and information when using options like Smart Pickup, a UPS executive said.
Strategy Inc. CEO Phong Le says the company expects to outperform Bitcoin during the next bull market, even as it is selling some holdings to manage its balance sheet. "We Sell Bitcoin When We Need To" Speaking to CNBC on...
FTNT, AMP, AMZN, VLO and APEMY have been added to the Zacks Rank #1 (Strong Buy) List on August 5th, 2026.
Executives credit productivity gains and market improvements for quarterly income from operations rising 30% year over year.
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...
SNDR, NESR and VLO made it to the Zacks Rank #1 (Strong Buy) growth stocks list on August 5th, 2026.
TQQQ surged double digits in a single session and handed some traders a 21% week, yet the same mechanics that built those gains have quietly drained billions from long-term holders. Understanding which side of that trade you are on changes everything.
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.
Nvidia dominates the AI accelerator market, but Alphabet just became a more serious threat.
Stocks were on track to break more records on Wednesday, as the AI trade and hopes of an Iran peace deal continued to power the broader market higher. S&P 500 futures rose 0.3%. Dow Jones Industrial Average futures added 130 points, or 0.2%.
VLO, EFOR and AMP made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 5th, 2026.
NEW DELHI/SINGAPORE, Aug 5 (Reuters) - Indian refiners Mangalore Refinery and Petrochemicals bought 1 million barrels of Oman crude via a tender, three trade sources said on Wednesday.
Palantir turned in another terrific quarter, with huge U.S. commercial revenue growth.
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...