News

In the past week, Figma, Inc. reported second-quarter 2026 results with revenue rising to US$370.08 million while swinging from a US$28.23 million net profit a year earlier to a US$112.15 million net loss, alongside six-month revenue of US$703.52 million and a US$254.55 million net loss. The company also raised its full-year 2026 revenue outlook to about US$1.46 billion and highlighted early traction from AI credit monetization, even as heavier AI and marketing spend weighed on current...

Figma crushed its Q2 revenue and earnings targets, yet the stock cratered nearly 15%. The culprit? Soaring AI costs that are growing more than twice as fast as sales.

↗️ Sweetgreen (SG): Shares of the fast-casual salad chain slumped 15%. The company said its second-quarter loss widened and it lowered its outlook as the cyclosporiasis outbreak weighs on demand. ↗️ Airbnb (ABNB): The short-term rental company raised its forecast for the year citing a ramp up in global demand as it uses artificial intelligence to improve its platform.

Moby summary of Millicom International Cellular S.A.'s Q2 2026 earnings call

Moby summary of Evolent Health, Inc.'s Q2 2026 earnings call

Today, Aug. 6, 2026, software and cloud names tumbled as investors question valuations while geopolitical tensions added fresh headwinds.

Moby summary of Sotera Health Company's Q2 2026 earnings call

Franklin Covey (NYSE:FC) outlined a presentation-development framework aimed at helping professionals move audiences from receiving information to taking action during a webinar led by Darren, an executive coach and senior leadership consultant at the company. The session, titled “Presenting for Im

Ardelyx (NASDAQ:ARDX) reported second-quarter product revenue of $118 million, up 31% from a year earlier and representing the company’s largest quarterly revenue total to date. The company lowered its 2026 revenue outlook for IBSRELA while maintaining its forecast for XPHOZAH, citing increased paye

Applied Optoelectronics (NASDAQ:AAOI) reported record second-quarter revenue and a return to non-GAAP profitability as demand for data center networking products and CATV equipment continued to grow. Management said near-term sales remain constrained primarily by production capacity and the availabi

Flutter Entertainment (NYSE: FLUT), parent of FanDuel, is having a rough year. The stock is down 57% year to date. The latest quarterly results didn’t help. The company missed on EPS, cut guidance and announced a CEO change. Shares fell 11% on the print. But Michael Burry sees a buying opportunity. In a recent Substack […]

Space Exploration Technologies Corp. CEO Elon Musk said Tuesday that people are underestimating Starlink’s long-term potential and believes the satellite internet network could eventually deliver a majority of the world’s internet traffic in less than a decade. ‘People are Really...

Moby summary of Sabre Corporation's Q2 2026 earnings call

While the top- and bottom-line numbers for Atlassian (TEAM) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Signet (SIG) closed at $93.88 in the latest trading session, marking a -2.79% move from the prior day.

In the most recent trading session, SentinelOne (S) closed at $20.76, indicating a -1.14% shift from the previous trading day.

Alibaba (NYSE:BABA) unveiled its largest and most capable AI model to date on August 3, and the market noticed immediately, sending its Hong Kong-listed shares up about 7% the same day. The new model, Qwen3.8-Max, arrives as Chinese AI developers race each other on a near-weekly cadence, and it is another data point in the […]

Moby summary of Genie Energy Ltd.'s Q2 2026 earnings call

Moby summary of Commerce.com, Inc.'s Q2 2026 earnings call

Today, Aug. 6, 2026, insiders gained eligibility to sell 911.5 million shares as the rocket maker's stock climbed 6.14% despite float unlock concerns.

The Big Short investor revealed a new short position on Oracle after winding down an earlier position this week.

Moby summary of Zoetis Inc.'s Q2 2026 earnings call

Moby summary of Ducommun Incorporated's Q2 2026 earnings call

Moby summary of Immunovant, Inc.'s Q1 2027 earnings call

Moby summary of D-Wave Quantum Inc.'s Q2 2026 earnings call

In the latest trading session, Okta (OKTA) closed at $143.51, marking a -2.4% move from the previous day.

NetApp (NTAP) closed at $191.48 in the latest trading session, marking a +2.62% move from the prior day.

Lithium Americas Corp. (LAC) reached $3.02 at the closing of the latest trading day, reflecting a -2.27% change compared to its last close.

Energy drink company Monster Beverage (NASDAQ:MNST) reported Q2 CY2026 results exceeding the market’s revenue expectations, with sales up 20.2% year on year to $2.54 billion. Its non-GAAP profit of $0.60 per share was 3% above analysts’ consensus estimates.

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