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Meta ordered to pay $567 million in New Mexico for teen mental health fund
Reuters18h agoneutral
Meta ordered to pay $567 million in New Mexico for teen mental health fund

Aug 6 (Reuters) - A New Mexico state court ordered Meta on Thursday to pay $567 million into a teen mental health fund and change how its platforms function for young users after finding the company is to blame for harming children's wellbeing. Judge Bryan Biedscheid in Santa Fe ruled the company had created a public nuisance in ‌New Mexico, siding with Attorney General Raúl Torrez, a Democrat.

Halozyme Therapeutics Q2 Earnings Call Highlights
MarketBeat18h agoneutral
Halozyme Therapeutics Q2 Earnings Call Highlights

Halozyme Therapeutics (NASDAQ:HALO) reported record second-quarter revenue and raised its full-year outlook, citing growth in royalty income from its ENHANZE drug-delivery platform, contributions from newer product launches and revenue from newly signed collaboration agreements. Total revenue rose

Gen Digital Q1 Earnings Call Highlights
MarketBeat18h agoneutral
Gen Digital Q1 Earnings Call Highlights

Gen Digital (NASDAQ:GEN) reported first-quarter fiscal 2027 results that exceeded its guidance, with revenue, bookings and earnings rising at double-digit rates as growth in trust-based solutions complemented continued momentum in its core cyber-safety business. Chief Executive Officer Vincent Pile

Five9 Q2 Earnings Call Highlights
MarketBeat18h agoneutral
Five9 Q2 Earnings Call Highlights

Five9 (NASDAQ:FIVN) reported second-quarter 2026 revenue of $312 million, up 10% from a year earlier and above the high end of its guidance range, as accelerating artificial intelligence revenue helped drive subscription growth. Subscription revenue rose 14% year over year, marking a third consecut

Funko Q2 Earnings Call Highlights
MarketBeat18h agoneutral
Funko Q2 Earnings Call Highlights

Funko (NASDAQ:FNKO) reported higher second-quarter sales, improved profitability and a raised adjusted EBITDA outlook as the collectible-products company said its “Make Culture POP!” strategy is gaining traction across regions, product categories and fan communities. Speaking during a presentation

Veteran manager buys 2 ETFs as market shifts
TheStreet18h agobullish
Veteran manager buys 2 ETFs as market shifts

The S&P 500 has had a strong 2026. Most of the gains have come from the same group of technology and AI stocks that have been driving the market for two years. One portfolio manager just decided to look somewhere else. Chris Versace, portfolio manager of the TheStreet Pro Portfolio, initiated ...

Bloomberg18h agoneutral
AI Data Center Group Firmus Draws $2 Billion From Coatue, Nvidia

(Bloomberg) -- AI data center company Firmus raised $2 billion in a funding round backed by Coatue Management, Nvidia Corp., Blackstone Inc. vehicles and Jane Street, the company said. Most Read from BloombergIran Says Agreement on Hormuz Shipping Reached With OmanOpenAI’s New Device Will Be Hockey Puck-Sized and Cost Over $300Iran Wants to Bar US, Israeli Ships From Hormuz in Peace AccordIshbia’s Mortgage Firm Suffers Record Drop on Dividend HaltWhy Do Data Centers Use So Much Fresh Water?The i

Bank of America doubles down on SpaceX after earnings
TheStreet18h agoneutral
Bank of America doubles down on SpaceX after earnings

SpaceX (SPCX) stock investors are still reeling from a post-earnings sell-off, digesting a quarter dominated by soaring CapEx and growing questions over cash generation. Before the report, Wall Street was looking for strong headline numbers but remained mostly skeptical of its ability to expand AI, ...

Ford's first $30,000 shot at increasing U.S. EV demand has a name
TheStreet18h agoneutral
Ford's first $30,000 shot at increasing U.S. EV demand has a name

Ford has been losing billions on its electric vehicle ambitions for years, so the company has switched gears. Instead of making high-end EVs that cost a lot more than its gas-powered and hybrid offerings, Ford decided to go the other way and target EVs that are affordable. It's a strategy that has ...

Twilio (TWLO) Following Strong Guidance The AI Growth Story Still Looks In Play
Simply Wall St.18h agoneutral
Twilio (TWLO) Following Strong Guidance The AI Growth Story Still Looks In Play

Twilio (TWLO) is back in focus after its second quarter 2026 earnings update, which combined higher reported sales and net income with share price gains following guidance that topped market expectations. See our latest analysis for Twilio. Twilio's recent earnings surprise and upgraded outlook come after a mixed stretch for the share price, which is down 8.86% over 30 days and 4.21% over 90 days, yet has a strong year to date share price return of 39.64% and a one year total shareholder...

Airbnb (ABNB) Stock Still Looks Like A Bargain On A 26% Run
Simply Wall St.18h agoneutral
Airbnb (ABNB) Stock Still Looks Like A Bargain On A 26% Run

Airbnb has delivered a 26.3% gain over the past year, yet its Discounted Cash Flow (DCF) intrinsic value estimate points to the stock trading at a roughly 29.8% discount, while the broader valuation checks still flag it as only a low-score value story. Airbnb's 26.3% return over the past year suggests investors have already priced in a fair amount of optimism. Expectations for stronger travel demand and higher booking volumes can support the current price, while any disappointment around...

Is Stronger Profitability And Governance Change Altering The Investment Case For Lyft (LYFT)?
Simply Wall St.18h agoneutral
Is Stronger Profitability And Governance Change Altering The Investment Case For Lyft (LYFT)?

In the past quarter, Lyft, Inc. reported second-quarter 2026 sales of US$1,843.54 million and net income of US$50.29 million, both higher than a year earlier, while Anaheim officials also opted against imposing a proposed 10% tax on certain local rideshare trips. Alongside stronger profitability in the first half of 2026, Lyft added airline executive Ben Minicucci to its board, bringing deep transportation and operations experience to its governance. Next, we’ll examine how this improved...

Hecla Mining (HL) Could Be 33% Undervalued As Strong Q2 Reframes Fair Value
Simply Wall St.18h agoneutral
Hecla Mining (HL) Could Be 33% Undervalued As Strong Q2 Reframes Fair Value

Hecla Mining (HL) is back in focus after a strong second quarter earnings beat, record site level free cash flow at Greens Creek and Lucky Friday, and a balance sheet with no long term debt. See our latest analysis for Hecla Mining. Hecla Mining shares recently pulled back, with a 1 day share price return of down 4.11% to US$15.86. However, the 1 year total shareholder return of 119.92% and 3 year total shareholder return of about 2.5x suggest strong longer term momentum. Investors are...

Ubiquiti (UI) Stock Seems Reasonable On A 248% Three Year Run
Simply Wall St.18h agoneutral
Ubiquiti (UI) Stock Seems Reasonable On A 248% Three Year Run

Ubiquiti stock has delivered a very strong 248.2% return over the past three years, yet the shares now screen as only about fairly valued on earnings multiples and score poorly on broader valuation checks. For investors, that mix raises the question of whether the recent strength has already priced in much of the good news. Over the last three years, Ubiquiti has returned 248.2%, which puts the recent share price firmly in the spotlight for valuation focused investors. Future revenue and...

Why MP Materials (MP) Is Up 14.0% After Strong Q2 Results And Project Swarm Progress
Simply Wall St.18h agoneutral
Why MP Materials (MP) Is Up 14.0% After Strong Q2 Results And Project Swarm Progress

MP Materials Corp. has reported past second-quarter 2026 results, with sales rising to US$108.49 million while its net loss narrowed to US$20.3 million, alongside improved losses per share versus a year earlier. Alongside the earnings, MP Materials’ Project Swarm rare-earth magnet initiative, tied to its 10X facility and U.S. defense partnerships, highlights an effort to deepen its role in domestic drone and motor supply chains. We’ll now examine how stronger-than-expected EBITDA and the...

Dayton Daily News, Ohio19h agoneutral
Joby reports stronger quarter, shrinking net loss, generating Blade business revenue

Joby Aviation Inc., which has long-term plans to make electric flying taxis in Dayton and Vandalia, reported stronger quarterly performance, saying its Blade helicopter service business generated $36.2 million in the second quarter of 2026. Still, the company saw a net loss of $245 million. Joby says its electric aircraft is in the fifth and final stage of Federal Aviation Administration ...