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Spotify expands AI remix and covers project with Merlin partnership
TechCrunch1d agobullish
Spotify expands AI remix and covers project with Merlin partnership

Spotify says Merlin, which represents more than 30,000 independent labels and distributors, has joined Universal Music Group in backing its upcoming AI-powered remix and covers product. The paid tool will let fans create AI-generated covers and remixes of participating artists’ music while ensuring artists opt in, receive credit, and are compensated.

Caterpillar stock surges on data center boom: How the AI trade is expanding
Yahoo Finance Video1d agobullishVIDEO
Caterpillar stock surges on data center boom: How the AI trade is expanding

Caterpillar's (CAT) second quarter earnings results beat Wall Street's expectations. Morning Brief host Julie Hyman chats with Business Insider executive editor Dan DeFrancesco and Yahoo Finance Breaking Business News Reporter Jake Conley about the results and the expansive AI industry.

How ON’s Strong Q2 Results, AI Momentum and Buybacks Will Impact ON Semiconductor (ON) Investors
Simply Wall St.1d agobullish
How ON’s Strong Q2 Results, AI Momentum and Buybacks Will Impact ON Semiconductor (ON) Investors

ON Semiconductor Corporation recently reported second-quarter 2026 results, with sales rising to US$1,603.5 million and diluted EPS from continuing operations increasing to US$0.56, and issued third-quarter guidance calling for US$1,650 million to US$1,750 million in revenue and diluted EPS of US$0.79 to US$0.91. The company coupled these results with record free cash flow margins, AI data center–driven growth, and completion of a US$677.63 million share repurchase program covering 2.24% of...

Wayfair Shares Jump on Higher Demand in U.S. Furniture Business
The Wall Street Journal1d agobullish
Wayfair Shares Jump on Higher Demand in U.S. Furniture Business

27% Shares of Wayfair soared that much Tuesday morning as its U.S. furniture business showed signs of recovery after a long period of sluggishness following the Covid-19 pandemic. Wayfair said sequential sales growth in its latest period made this the best second quarter since 2020.

Down 50% in The Year, Is SMCI a Buy?
24/7 Wall St.1d agobullish
Down 50% in The Year, Is SMCI a Buy?

Super Micro Computer has shed half its value in a year, and now a board investigation, a $6.6 billion cash outflow, and a potential 48% upside are all pointing in different directions at once.

Tower Semiconductor tops second quarter earnings and revenue expectations
Proactive1d agobullish
Tower Semiconductor tops second quarter earnings and revenue expectations

Tower Semiconductor (NASDAQ:TSEM) has reported second quarter results above Wall Street expectations, including record revenue and profitability as the chipmaker continues to benefit from demand across its key business units. The company reported adjusted earnings per share of $0.88 for the...

Wayfair Rises, Caterpillar Surges on Earnings | Stock Movers
Bloomberg1d agobullishVIDEO
Wayfair Rises, Caterpillar Surges on Earnings | Stock Movers

On this episode of Stock Movers: - Wayfair (W) shares jumped after the furniture retailer gave third-quarter guidance during its earnings call. The company said it expects high single-digit revenue growth in the current quarter. - McDonald's (MCD) is rising after the fast-food chain reported comparable sales for the second quarter that are slightly below the sell-side consensus estimate, while adjusted EPS was ahead. - Caterpillar (CAT) shares are surging after the company's second-quarter earnings blew past Wall Street's second-quarter expectations, easing concerns over the growth of power-generation equipment sales to data centers. - Palantir (PLTR) shares jumped after the company boosted full-year revenue and income forecasts and described commercial demand for its data analytics tools as "otherworldly." Palantir now expects $4.89 billion to $4.91 billion in adjusted income from operations this year.

Investing.com1d agobullish
Buy this stock ahead of Q2 earnings: Mizuho

Investing.com -- Mizuho highlighted an optical components maker in a note Tuesday, telling investors it would be a buyer of the company ahead of its fiscal fourth-quarter results on Aug. 11.

Spotify tops 300 million premium subscribers as profit surges
Proactive1d agobullish
Spotify tops 300 million premium subscribers as profit surges

Spotify Technology SA (NYSE:SPOT) reported second-quarter profitability well above last year's results on Tuesday, as the music streaming giant crossed 300 million premium. The Stockholm-based company posted revenue of €4.78 billion for the quarter, up 14% from a year earlier, though just shy...