CEO Brian Moynihan says GLP-1 medications now account for roughly 13% of the bank's total annual healthcare spending
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AST SpaceMobile shares rose 10.69% on August 4 after a Meta executive revealed a technical workshop exploring how WhatsApp could operate over the company’s satellite network for messaging, voice, video, and AI features on standard smartphones.
Amgen Inc (NASDAQ:AMGN, XETRA:AMG) shares rose about 4% on Wednesday after the biotechnology company reported second quarter 2026 results that topped Wall Street expectations, supported by higher revenue and growth across its portfolio of medicines. The company reported adjusted earnings per...
Galaxy Digital (GLXY) shares fell more than 11% on Aug. 5 after the crypto financial services firm reported a second-quarter net loss of $85 million, weighed down by falling digital asset prices despite continued expansion of its artificial intelligence infrastructure business. The company posted ...
Analysts raised price targets after earnings, while bullish retail traders said AMD could climb as high as $800 on AI-driven growth.
Berkshire Hathaway's diversified businesses, insurance float and disciplined capital allocation support resilient cash flows and long-term value creation.
Archer Aviation Hits a Key Flight Milestone. The Next Test Is Getting FAA Approval
Moby summary of SolarEdge Technologies, Inc.'s Q2 2026 earnings call
Originations reached $4.2 billion as contribution margin fell to 55% from 58%
Samsung said on July 30 that memory shortages could worsen in 2027 and persist through 2028. The warning strengthened the pricing outlook for Micron Technology, Inc. (NASDAQ:MU) while exposing a potential supply constraint for NVIDIA Corporation (NASDAQ:NVDA). Micron shares jumped 18.4% that day as Samsung’s report revived confidence in the memory cycle. Samsung has signed […]
Michael Burry has warned of a potential stock market crash similar to 1987. He is reportedly shorting several large stocks, including Applied Materials (NasdaqGS:AMAT). The short positions highlight increased bearish sentiment toward major chip related companies. Applied Materials focuses on equipment, services, and software used in semiconductor manufacturing, putting the company at the center of chip industry spending. Investor attention on NasdaqGS:AMAT is already high given the...
Nebius Group (NasdaqGS:NBIS) has appointed Lindsey Irvine as Chief Marketing Officer as the company continues global expansion. Irvine previously led marketing functions at Square, Benchling, and MuleSoft, focusing on scaling go to market efforts. The appointment follows a year of record growth for Nebius Group in the competitive AI cloud sector. Nebius Group enters this leadership shift with strong recent stock performance that has drawn attention from many investors. The share price...
Hut 8 (NasdaqGS:HUT) is facing regulatory delays in energizing its planned 1GW Beacon Point AI data center campus in Texas. The project has secured significant financing, but launch timing now depends on pending approval from the Electric Reliability Council of Texas (ERCOT). The holdup affects the rollout of Hut 8's larger AI infrastructure buildout and its efforts to broaden revenue beyond its core business. For investors following Hut 8, the Beacon Point project sits at the intersection...
Palantir shares surged as much as 29% after reporting second-quarter revenue of $1.935 billion, with U.S. commercial revenue soaring 149%, pushing the stock cleanly above its 200-day moving average.
Amazon.com, Inc. (NASDAQ:AMZN) disclosed on July 30 that its second-quarter net income included $53.4 billion of non-operating pre-tax other income, primarily from its Anthropic investments. Net income reached $62.6 billion. The same day, Reuters relayed a Wall Street Journal report that Alphabet Inc. (NASDAQ:GOOGL) could guarantee billions of dollars of Anthropic’s obligations for a proposed […]
Kymera Therapeutics (NASDAQ:KYMR) said it completed enrollment in its Phase 2b atopic dermatitis trial of KT-621 about six months ahead of schedule, positioning the company to report top-line data by the end of 2026 and potentially begin Phase 3 development around mid-2027. Chief Executive Officer
The move extended a smaller premarket gain after the company’s better-than-expected second quarter earnings release.
Dean is departing alongside three other Google veterans to build an AI-for-science startup backed by Google as an investor and cloud partner
This company failed to meet analysts' expectations. Investors don't seem to mind.
Kratos's earnings last night weren't quite as good as they first appeared.
Moby summary of The Kraft Heinz Company's Q2 2026 earnings call
The company defied the popular narrative of an AI-related spending slowdown.
DVN's Q2 earnings beat estimates as merger contributions, stronger oil pricing and higher output drive a 73.1% revenue surge and robust free cash flow.
Disney reported better-than-expected profits Wednesday, citing a strong performance in its theme park business amid lingering worries about macroeconomic weakness.However Disney cited upside in theme park attendance and retail products built around the franchises.
Berkshire Hathaway dumped its entire Amazon stake right as the stock was about to explode higher, and the explanation has almost nothing to do with Amazon's business. The real story is buried inside a personnel change that reshaped what Berkshire was willing to own.
SAIC-GM has been operating in China's automotive sector since 1997, with cumulative production and deliveries surpassing 20 million vehicles.