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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...

Reuters1d agobullish
AI cloud startup Volta valued at $2.4 billion, announces $10 billion AI partnership

Volta Infra, a seven-month-old AI infrastructure startup, said it raised funds at a $2.4 billion valuation ‌and landed a $10 billion contract with an unnamed AI ‌company to provide cloud-computing services in Europe alongside Bitdeer Technologies. • Bloomberg News reported that the Nvidia-backed Volta's $10 billion ‌cloud contract is with ⁠Anthropic, citing people familiar with the matter. • The six-year agreement covers computing capacity at a data center operated by crypto mining firm Bitdeer in Norway with 133 ​megawatts of ​capacity powered by Nvidia's Vera ​Rubin chips, the report ‌said.

McDonald's profit tops estimates as US sales growth slows
Proactive1d agobullish
McDonald's profit tops estimates as US sales growth slows

McDonald's Corp (NYSE:MCD, XETRA:MDO) beat Wall Street's profit expectations in the second quarter and named a new leader for its US business, capping a shakeup at the top of the company's largest market. The fast-food giant posted earnings per share of $3.32, matching estimates and up 6%...

Aptiv Shares Decline as Weak Guidance Overshadows Second-Quarter Earnings Beat
InvestorsHub1d agobullish
Aptiv Shares Decline as Weak Guidance Overshadows Second-Quarter Earnings Beat

Aptiv PLC (NYSE:APTV) reported second-quarter 2026 results that exceeded Wall Street earnings expectations, but its shares fell nearly 4% in pre-market trading after the company issued weaker-than-expected guidance for both the third quarter and the full year. While quarterly performance was solid, investors focused on the softer outlook.

Bloomberg1d agobullish
Wayfair Shares Rally as Higher-End Brands Spur Growth

(Bloomberg) -- Wayfair Inc. shares surged after the home furnishings retailer said sales in the US grew at their fastest clip since 2021, helped by a growing number of brick-and-mortar stores and demand for its higher-end brands.Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBevTaco Bell Met With Michigan on Parasite Weeks Before RecallChina’s AI Blitz Creates ‘Death Zone’ for Rival US Model MakersApple’s New CEO Taps Retired Hardware Executive for Management TeamM