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Meta (META) Unveils Muse Glimmer as Open-Source AI Spending Debate Intensifies
Insider Monkey9d agoneutral
Meta (META) Unveils Muse Glimmer as Open-Source AI Spending Debate Intensifies

Meta Platforms (NASDAQ:META) released a new open-weight AI model called Muse Glimmer on August 10, a compact system built for agentic tasks that can run on a Mac or PC with a single graphics card. CEO Mark Zuckerberg used the launch to press Washington for lighter rules on open-source AI, arguing that Chinese developers have […]

Investing.com9d agoneutral
Berkshire shares climb to highest level under Abel on strong results, new stakes

Investing.com -- Berkshire Hathaway Inc. shares were trading over 2.5% higher on Monday, reaching their highest level since legendary investor Warren Buffett announced his departure as chief executive in May 2025. The stock climbed as much as 3.3% earlier in the session after successor Greg Abel increased spending from the company's cash reserves and financial results exceeded analyst expectations.

Embraer-Empresa Brasileira de Aeronautica Q2 Earnings Call Highlights
MarketBeat9d agoneutral
Embraer-Empresa Brasileira de Aeronautica Q2 Earnings Call Highlights

Embraer-Empresa Brasileira de Aeronautica (NYSE:EMBJ) said its second-quarter 2026 revenue was the highest for a second quarter in the company’s history, supported by higher aircraft deliveries, growth across its business units and continued expansion of its backlog. President and CEO Francisco Gom

Sharplink Gaming Q2 Earnings Call Highlights
MarketBeat9d agoneutral
Sharplink Gaming Q2 Earnings Call Highlights

SharpLink Gaming (NASDAQ:SBET) reported a wider second-quarter net loss as unrealized losses and impairment charges tied to its Ethereum holdings outweighed growing revenue from staking and yield-generating strategies. The company, which has positioned its corporate treasury around Ethereum, report

Celsius rallies as billionaire investor demands leadership change
TheStreet9d agobullish
Celsius rallies as billionaire investor demands leadership change

Celsius Holdings (CELH) had one of its worst days of the year on Wednesday, then one of its best two days later. The stock dropped 18% after a weak second-quarter earnings report, only to jump about 12% on Friday. The reason for the rebound had nothing to do with the company's results. It came from ...

Sotera Health Company (SHC) Reported Positive Results Amid Litigation Wins
Insider Monkey9d agobullish
Sotera Health Company (SHC) Reported Positive Results Amid Litigation Wins

US-based investment company McIntyre Partnerships delivered flat performance in H1 2026, returning 0% gross and -1% net compared to the Russell 2000 Value Index’s 23% return. A copy of the letter can be downloaded here. The second quarter results were a complete reversal of Q1 results, with the portfolio appreciating 23.0% (gross) and 23.3% (net), […]

Netflix Wraps Upfront, Volume 'Nearly Doubled'
MediaPost9d agoneutral
Netflix Wraps Upfront, Volume 'Nearly Doubled'

Netflix says it has "nearly doubled our ad commitments this year." In a release, Netflix President of Advertising Amy Reinhard says this was in line with expectations. She did not provide specific details on volume or pricing gains.

Will Apple Have To Increase iPhone Prices?
24/7 Wall St.9d agoneutral
Will Apple Have To Increase iPhone Prices?

Soaring memory costs have already pushed up MacBook and iPad prices, but those products are small fish compared to the iPhone. Now Apple faces a collision of forces that could force its hand on the product that generates 90% of the smartphone industry's profits.

Star Holdings (STHO) Trades at Discount as Fundamental Outperformance Accelerates
Insider Monkey9d agobullish
Star Holdings (STHO) Trades at Discount as Fundamental Outperformance Accelerates

US-based investment company McIntyre Partnerships delivered flat performance in H1 2026, returning 0% gross and -1% net compared to the Russell 2000 Value Index’s 23% return. A copy of the letter can be downloaded here. The second quarter results were a complete reversal of Q1 results, with the portfolio appreciating 23.0% (gross) and 23.3% (net), […]