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Aug 11 (Reuters) - Bain Capital-backed Dhoot Transmission's $321 million initial public offering was fully subscribed on the second day of bidding on Tuesday, led by non-institutional and retail
Nvidia is becoming the "banker of choice to the AI ecosystem" as it seals $500 billion commitments from Wall Street giants. Meanwhile, Intel is looking at its first share sale since the 1970s. Bloomberg's reporters and market watchers make sense of the multibillion-dollar figures, with one noting the capital raise could be a "double-edged" sword for Nvidia.
Aug 11 () - South Korean battery maker Samsung SDI said on Tuesday it will end its joint venture agreement with General Motors in Indiana and acquire the U.99% stake, citing weaker-than-expected electric vehicle demand.
Fantasy sports and betting company DraftKings (NASDAQ:DKNG) fell short of the market’s revenue expectations in Q2 CY2026, with sales falling 4.6% year on year to $1.44 billion. On the other hand, the company’s outlook for the full year was close to analysts’ estimates with revenue guided to $6.7 billion at the midpoint. Its non-GAAP profit of $0.09 per share was 53.1% below analysts’ consensus estimates.
Shares were mixed in Asia, while oil prices were holding steady Tuesday after jumping the day before as uncertainty persisted over when the Strait of Hormuz could reopen and get the global flow of crude going again. U.S. futures edged higher. Brent crude oil was unchanged at $87.72 a barrel, while U.S. benchmark crude also was flat at $82.13 a barrel.
During the lightning round of the August 6 episode of Mad Money, a caller inquired about the long-term outlook for Lockheed Martin Corporation (NYSE:LMT), highlighting its prominent position as a major defense contractor and pointing out its steady dividend payout of $3.45 per share. Host Jim Cramer responded with strong enthusiasm: I think it’s sensational. […]
AeroVironment (AVAV) just landed the kind of contract that changes how investors see a company. The drone maker won a U.S. Army order worth at least $400 million for its Locust laser system, and the stock reacted fast. Shares closed at $186.73 on August 7, up 9.12% on the day and about 22% ...
When a caller asked about IREN Limited (NASDAQ:IREN) during the lightning round of the August 6 episode of Mad Money, Jim Cramer remarked, “If you like IREN… you got to go buy CoreWeave. CoreWeave is cheaper and better, okay?” Capital Models and Historical Commentary Examining past Mad Money commentary clarifies how these strategies evolved. On […]
Plug Power Inc (PLUG) raises full-year revenue guidance to 15-16% growth as cost discipline and operational improvements drive significant margin expansion.
Riot Platforms Inc (RIOT) secures landmark $9.1 billion AI data center lease and expands engineering margins, offsetting a $237 million GAAP net loss in Q2 2026.
Quantum Computing Inc (QUBT) reports a 9,000% year-over-year revenue increase, a $42.5M contract backlog, and strategic progress in advanced semiconductor manufacturing despite a net loss of $11.8M.
Kopin Corp (KOPN) posts strong Q2 2026 results with a 51% revenue jump, narrowing losses and positioning for GAAP profitability by Q4 2026 amid surging demand in defense and AI interconnect markets.
Babcock & Wilcox Enterprises Inc (BW) raises full-year 2026 adjusted EBITDA target to $80-$105 million amid record bookings and strong demand from AI data centers.
AST SpaceMobile Inc (ASTS) reiterates full-year guidance and secures $1B J-LEO award as it scales toward commercial service.
Anthropic is reportedly meeting investors for its IPO and could launch the share sale as early as next month. OpenAI has reportedly deferred its plans to next year.
Archer Aviation Inc (ACHR) reports strong Q2 results with 213% revenue growth, unveils a transformative Boeing deal and new AI platform while managing ongoing cash burn.
Strong subscriber growth and international expansion drive record performance, offset by margin pressures and FTC legal challenges.
Rocket Lab Corp (RKLB) posts 62% revenue growth to $234 million, secures over $1 billion in new contracts, and advances Neutron development toward a Q4 2026 pad delivery.
Bitdeer stock fell 20% to its lowest since March after a Q2 loss and revenue that missed analyst estimates.
Shares of collaboration software company Atlassian (NASDAQ:TEAM) jumped 37.4% in the afternoon session after the company reported second-quarter results that surpassed Wall Street's expectations and provided a strong forecast for the upcoming quarter.
SNDR, BE, and TAL it to the Zacks Rank #1 (Strong Buy) growth stocks list on August 11, 2026.
Strategy now holds 840,447 Bitcoin for an aggregate purchase price of approximately $63.36 billion, the company said in a regulatory filing.
Shares of customer engagement platform Twilio (NYSE:TWLO) jumped 26% in the afternoon session after the company reported second-quarter results that far exceeded analyst expectations and provided a strong outlook for the upcoming quarter.
Cryptocurrency bettors are skeptical that Amazon.com Inc (NASDAQ: AMZN) will reach $300 or higher by the end of August, despite the stock’s steady start to the month. What is Polymarket Upto? The betting crowd on Polygon (CRYPTO: POL)-based Polymarket currently...
Shares of biopharmaceutical drug delivery company Halozyme Therapeutics (NASDAQ:HALO) jumped 18.1% in the afternoon session after the company reported strong second-quarter earnings that surpassed analyst expectations and raised its full-year financial guidance.
Jeff Marks and Jim Cramer say Eli Lilly's GLP-1 stock rally has years left, backed by surging global demand.
With the takeoff of agentic AI earlier this year, the central processing unit market is set for faster growth and could become the new growth driver for TSMC, Bernstein analysts said.
Despite USA Rare Earth’s second-quarter revenue miss, strong cash reserves, government funding, and expansion plans stoked optimism.
Shares of Trade Desk, Papa John’s International, Emergent Biosolutions declined after the companies posted disappointing Q2 results last week.
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