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Exclusive-Samsung, SK Hynix test Chinese chip tools as hedge against US risks
Reuters1d agoneutral
Exclusive-Samsung, SK Hynix test Chinese chip tools as hedge against US risks

Samsung Electronics and SK Hynix are evaluating chipmaking equipment from China's Advanced Micro-Fabrication Equipment (AMEC) for possible use at their Chinese factories, three people familiar with the matter said, as the South Korean firms hedge against the risk of tighter U.S. export controls. The memory chipmakers began ‌testing AMEC etching equipment about two years ago, when uncertainty was mounting over whether Washington would continue allowing them to import U.S. chipmaking tools into ‌China, two of the sources said.

AMD Earnings 'Were Good,' Says Analyst Even as Stock Sinks 9% After Hours: Wall Street Wanted a 'Blowout' Forecast
Benzinga1d agoneutral
AMD Earnings 'Were Good,' Says Analyst Even as Stock Sinks 9% After Hours: Wall Street Wanted a 'Blowout' Forecast

On Tuesday, shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) fell sharply in after-hours trading despite beating second-quarter expectations, as analysts said investors had been looking for a more dramatic AI-driven outlook tied to the company’s Helios platform. AMD Analysts Say Wall Street Wanted a Bigger Helios Forecast Futurum Group CEO Daniel Newman said AMD’s results were solid, but the market had been expecting a stronger forecast driven by Helios, the company’s upcoming rack-scale AI p

ViaSat (VSAT) Q1 Earnings Surpass Estimates
Zacks1d agoneutral
ViaSat (VSAT) Q1 Earnings Surpass Estimates

ViaSat (VSAT) delivered earnings and revenue surprises of +70.00% and -3.55%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

SpaceX's mobile ambitions jolt US telecom market, analysts debate threat
Reuters1d agoneutral
SpaceX's mobile ambitions jolt US telecom market, analysts debate threat

SpaceX's ambition to build a full-fledged mobile service rattled investors in the U.S. wireless sector, as the company outlined plans that could eventually pit Starlink against industry leaders Verizon, ‌AT&T and T-Mobile. SpaceX acquired 65 megahertz of wireless spectrum licenses from EchoStar for a total of $19.6 billion through two deals ‌announced last year, giving Starlink airwaves to expand into mobile services. "The spectrum that we purchased from EchoStar does have terrestrial components, so we definitely intend to build ​out terrestrial," SpaceX President Gwynne Shotwell said during a post-earnings call on Tuesday.

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.