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The home improvement giant has significantly underperformed its bigger retail peer in the past five years.
S&P 500 earnings just shattered a record that has stood since 2008, but two tech giants are responsible for a distortion that changes everything investors think they know about this earnings season.
Halozyme earnings beat and guidance hike reshape the story Halozyme Therapeutics (HALO) just put fresh numbers on the table, reporting second quarter 2026 results, raising full year revenue guidance and updating progress on its share repurchase programs. For the quarter ended June 30, 2026, revenue was reported at US$481 million compared with US$325.72 million for the same period a year earlier. Net income for the quarter was US$229.91 million compared with US$165.16 million a year ago. Basic...
The dip in AMD's shares looks like a good buying opportunity.
Forget the usual Wall Street qualifiers. Jim Cramer went straight for the superlatives on Lockheed Martin (LMT). During the August 6 episode of CNBC's Mad Money Lightning Round, he called the stock "sensational" and its CEO "fantastic." Two words that leave little doubt about where he stands. ...
Berkshire Hathaway earnings rose 16%. The conglomerate is in a buy zone as investors get over their post-Buffett hangover.
(Bloomberg) -- Berkshire Hathaway Inc. spent about $4.5 billion to buy back its own shares in the second quarter, providing shareholders with the largest quarterly payout since 2021.Most Read from BloombergOpenAI’s New Device Will Be Hockey Puck-Sized and Cost Over $300Iran Wants to Bar US, Israeli Ships From Hormuz in Peace AccordWalmart Tests Fulfillment Cart Changes After Child Hit in StoreWhy Do Data Centers Use So Much Fresh Water?Trump Administration Considers Order on Autism and VaccinesO
<body><p>STORY: U.S. stocks rallied on Friday, with the Dow gaining more than a quarter of a percent, the S&P 500 adding about six-tenths of a percent to notch a record high close, and the Nasdaq climbing 1.3%.</p><p>Data from the Labor Department showed the U.S. economy unexpectedly shed jobs last month, boosting investor optimism that the Federal Reserve would hold off on raising interest rates at its September meeting.</p><p>Eric Lynch is managing director and co-portfolio manager at Suncoast Equity Management.</p><p>"The jobs report today being mildly negative was one of those situations where bad news is good news because it probably takes a little emphasis off the hawkish tones from the Fed for next month's meeting. Less likely they raise rates. And so, if that's the case, those areas of the economy that are most, kind of, cyclical and expansionary, things like industrials, consumer cyclicals, technology, those three sectors, for example, are up nicely I think on this news.”</p><p>Stocks on the move Friday, included Elon Musk's SpaceX, which surged nearly 16% a day after the expiration of the first of several share lockup restrictions following its record-breaking June public offering.</p><p>Shares of collaboration software maker Atlassian shot up more than 35% for their largest-ever daily percentage gain.</p><p>:: Archive</p><p>while Microchip Tech's stock jumped almost 14% for its best daily performance in more than 15 months. Both moves came after the companies forecast quarterly revenue above Wall Street estimates.</p><p>And shares of Airbnb climbed more than 17% as the S&P 500's best performer after the vacation rental company beat second-quarter revenue estimates.</p><p>On the flip side, Trade Desk was the S&P 500's worst performer, with shares plunging nearly 22% after the ad-tech firm forecast third-quarter revenue below expectations.</p></body>
The cloud infrastructure giant still has a bright future.
Nonfarm payrolls fell 23,000 last month, following substantial downward revisions to the prior two months, Bureau of Labor Statistics data showed on Friday.
Post-earnings momentum accelerated today as analyst enthusiasm fueled a 10% rally, signaling investor confidence in commercial AI demand, today, Aug. 7, 2026.
Vistra Corp (VST) delivers a 30% year-over-year adjusted EBITDA increase, reaffirms 2026 guidance, and unveils a transformative data center venture with KKR and NVIDIA.
MDA Space raises full-year guidance on strong order momentum and strategic acquisitions, despite near-term cash flow headwinds.
Twilio (TWLO) stock has surged 30% to a new all-time high after the cloud communications company delivered a strong Q2 report.
SpaceX (NASDAQ:SPCX) shares jumped roughly 13% Friday after Argus Research turned bullish on the economics of the company’s massive artificial intelligence buildout. Argus analyst Steven Silver upgraded the stock to Buy from Hold with a $160 price target, saying the...
Argus upgraded SpaceX after quarterly revenue climbed 92% and its AI operation produced positive adjusted EBITDA.
Accelerating cloud revenue and rapidly expanding AI integrations challenged fears that generative software could weaken Atlassian's products.
Strategy shares rebounded on Friday as improving sentiment around Bitcoin helped lift the world’s largest corporate holder of the cryptocurrency following months of pressure on its stock. Shares of Strategy (Nasdaq: MSTR) climbed about 5.3% to $102.02 on Aug. 7, extending their five-day gain to ...
Three bank stocks, Bank of America, U.S. Bancorp and PNC Financial are hitting new highs while they also hover near buy points.
Rockstar Founder Sparks Celsius Rally With Bold CEO Bid
Record booking value and faster expansion-market growth pushed Airbnb beyond its traditional home-rental business.
Trade Desk's (TTD) downbeat third-quarter outlook following a second-quarter miss indicates macro an
Loar stock sets up a new buy point amid the recent market strength. The aerospace and defense giant is looking for support at a key level.
Genpact beat Q2 earnings and revenue estimates as Advanced Technology Solutions surged 24.1%, prompting a higher 2026 adjusted earnings growth outlook.
A broad stock market rally took hold on Friday following a jobs report that was well below expectations. For a market paying more attention to moves in bond yields, it’s a case of “bad news is good news.” The Nasdaq was up 0.9%.
Atlassian, Twilio, JFrog, and Cloudflare surged after earnings, fueling hopes that software investors are rewarding fundamentals again.
Twilio raised its annual forecasts after organic growth accelerated and quarterly free cash flow reached $353 million.
Wall Street Sees More Room to Run for Palantir After 9% Rally
Wall Street Says AMD's Taalas Deal Won't Close Nvidia's AI Gap
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