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Bloomberg1d agoneutral
Scott Bessent Draws on Hedge Fund Instincts to Help Rescue Yen

(Bloomberg) -- Scott Bessent wanted to help Japan prop up its currency. So he decided to let the media spy on his notepad, where a to-do list included buying as much as $10 billion in yen. 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 MakersIran Weighs Allowing Europe to Clear Mines in Strait of HormuzTrump Discusses Iran With Qatari Emir as Hopes

Lucid Group Q2 Earnings Call Highlights
MarketBeat1d agoneutral
Lucid Group Q2 Earnings Call Highlights

Lucid Group (NASDAQ:LCID) outlined a broad operational reset during its second-quarter 2026 earnings call, with newly appointed CEO Silvio Napoli saying the electric-vehicle maker is targeting approximately $1.4 billion in cash-flow improvements this year while reducing production, lowering inventor

Kratos Defense & Security Solutions Q2 Earnings Call Highlights
MarketBeat1d agoneutral
Kratos Defense & Security Solutions Q2 Earnings Call Highlights

Kratos Defense & Security Solutions (NASDAQ:KTOS) reported second-quarter 2026 revenue and adjusted EBITDA above its prior forecast, citing demand across hypersonics, jet engines, space systems, counter-unmanned aircraft systems and unmanned aircraft. Revenue for the quarter was $458.8 million,

The Hackett Group Q2 Earnings Call Highlights
MarketBeat1d agoneutral
The Hackett Group Q2 Earnings Call Highlights

The Hackett Group (NASDAQ:HCKT) reported second-quarter 2026 revenue before reimbursements of $68.3 million and adjusted diluted earnings per share of $0.34, as the consulting firm continued its transition toward an AI-enabled, platform-led sales and delivery model. Revenue before reimbursements in

Gilead Sciences Q2 Earnings Call Highlights
MarketBeat1d agoneutral
Gilead Sciences Q2 Earnings Call Highlights

Gilead Sciences (NASDAQ:GILD) reported second-quarter 2026 base business sales growth of 10% year over year to $7.6 billion, supported by HIV treatments and prevention products, Trodelvy in oncology and Livdelzi in liver disease. The company raised its full-year base business sales outlook and incre

Flywire Q2 Earnings Call Highlights
MarketBeat1d agoneutral
Flywire Q2 Earnings Call Highlights

Flywire (NASDAQ:FLYW) reported second-quarter results that exceeded its expectations, led by travel performance, hospitality payment processing and stronger-than-anticipated contributions from healthcare and B2B payment-processing ramps. The company also raised its full-year revenue and adjusted EBI

Enlight Renewable Energy Q2 Earnings Call Highlights
MarketBeat1d agoneutral
Enlight Renewable Energy Q2 Earnings Call Highlights

Enlight Renewable Energy (NASDAQ:ENLT) reported higher second-quarter results and raised its full-year outlook, citing contributions from newly operating projects, favorable foreign exchange rates, electricity trading in Israel and elevated power prices in Europe. Revenue and income rose 55% year o

AMD and SpaceX Earnings: Good or Bad?
Zacks1d agoneutral
AMD and SpaceX Earnings: Good or Bad?

Advanced Micro Devices (AMD) and SpaceX (SPCX) are among the most polarizing releases investors have been waiting for, with shares facing an adverse reaction initially following the releases. But should investors mute the noise?

Goldman Sachs' new oil price target sparks wild onchain trading
TheStreet1d agoneutral
Goldman Sachs' new oil price target sparks wild onchain trading

As the U.S.-Iran standoff continues, Goldman Sachs unveiled its price target for Brent crude oil on Aug. 4. The bank said it expects Brent crude to trade in the range of $80-$90 a barrel until there is ​either confirmation of a new nuclear deal or a ‌significant escalation of the conflict, as ...

SpaceX Sends Telecom Providers a Shot Across the Bow
The Wall Street Journal1d agoneutral
SpaceX Sends Telecom Providers a Shot Across the Bow

SpaceX is coming for large U.S. telecom providers. During the company’s first earnings call, SpaceX President Gwynne Shotwell referenced the revenue that AT&T, Verizon Communications and T-Mobile US pull in, and said Starlink would take aim at their subscribers. “I anticipate us to be able to acquire quite a few of their customers because I think our service will be better,” Shotwell said.

Disney exits A+E as media conglomerate Hearst gains full ownership in $1.2 billion deal
Reuters1d agoneutral
Disney exits A+E as media conglomerate Hearst gains full ownership in $1.2 billion deal

Privately held U.S. media conglomerate Hearst on Tuesday struck a deal to acquire ‌Disney's 50% stake in A+E Global Media for about $1.2 ‌billion in cash, giving it full ownership of the television and ​content business. Disney's exit from A+E follows the company's efforts to prioritize streaming and ESPN, even as it evaluates the role of some traditional linear TV assets amid declining cable ‌subscriptions. The transaction ⁠is expected to close in September.

8X8 Q1 Earnings Call Highlights
MarketBeat1d agoneutral
8X8 Q1 Earnings Call Highlights

8X8 (NASDAQ:EGHT) reported a record quarter for service revenue in the first quarter of fiscal 2027, extending its streak of year-over-year revenue growth to five consecutive quarters. The company exceeded its guidance ranges for service revenue, total revenue, non-GAAP operating margin and operatin

Booking Q2 Earnings Call Highlights
MarketBeat1d agoneutral
Booking Q2 Earnings Call Highlights

Booking (NASDAQ:BKNG) said its second-quarter results exceeded the high end of its guidance across room nights, gross bookings, revenue and adjusted EBITDA, as domestic and intraregional travel demand helped offset continued pressure on long-haul international travel. President and CEO Glenn Fogel

Atomera Q2 Earnings Call Highlights
MarketBeat1d agoneutral
Atomera Q2 Earnings Call Highlights

Atomera (NASDAQ:ATOM) reported second-quarter revenue of $158,000, primarily from fees for wafer deliveries to its large integrated device manufacturer customer, while management highlighted progress in Gate-All-Around logic, memory, radio-frequency silicon and gallium nitride applications. The com

Advanced Micro Devices Q2 Earnings Call Highlights
MarketBeat1d agoneutral
Advanced Micro Devices Q2 Earnings Call Highlights

Advanced Micro Devices (NASDAQ:AMD) reported record second-quarter revenue and profitability, driven by growth in its data center, client and embedded businesses as demand increased for EPYC server processors and Instinct AI accelerators. Revenue rose 50% year over year and 13% sequentially to $11.

Cricut, Inc. (CRCT) Tops Q2 Earnings Estimates
Zacks1d agobullish
Cricut, Inc. (CRCT) Tops Q2 Earnings Estimates

Cricut (CRCT) delivered earnings and revenue surprises of +375.00% and -6.89%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?