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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?

SpaceX revenue jumps 92% in first earnings report, but shares slide
AFP1d agobullish
SpaceX revenue jumps 92% in first earnings report, but shares slide

SpaceX's revenue jumped 92 percent in the second quarter, beating analyst expectations by around $1 billion in its first post-IPO earnings report, but shares tumbled as investors remained skeptical about the company's ability to deliver on lofty promises. Investors remain skeptical even with SpaceX beating expectations, Emarketer Senior Analyst Gadjo Sevilla told AFP.  "I don't think people want to hear promises about the next five years or a mission to Mars," Sevilla said.