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8X8 Q1 Earnings Call Highlights
MarketBeat14d 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
MarketBeat14d 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
MarketBeat14d 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
MarketBeat14d 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.

Stocks to Watch: Palantir, SpaceX, HSBC
The Wall Street Journal14d agoneutral
Stocks to Watch: Palantir, SpaceX, HSBC

↗️ Palantir Technologies (PLTR): Shares in the software company jumped, closing up 29% after it reported strong earnings on Monday after the close. The stock recorded its largest one-day percentage gain since Feb.

Trump says oil companies made 'too much money'
Financial Post14d agoneutralVIDEO
Trump says oil companies made 'too much money'

U.S. President Donald Trump says Exxon and Chevron made “too much money” after higher crude prices lifted oil profits. We look at the factors that pushed energy prices higher and the political considerations behind the president’s desire for lower consumer costs.

Dow, S&P 500 close at records on AI results, Mideast deal hopes
Reuters Videos14d agoneutralVIDEO
Dow, S&P 500 close at records on AI results, Mideast deal hopes

<body><p>STORY: Wall Street's main indexes surged on Tuesday, with the Dow and S&P 500 both gaining roughly one-and-three quarters percent to notch record-high closes, and the Nasdaq climbing more than two-and-a-half percent.</p><p>Investors eagerly awaited SpaceX's first earnings results since its IPO, delivered after the close. Elon Musk's rocket and AI company reported a more than 90% rise in revenue for the quarter, buoyed by strong growth in its Starlink satellite-internet and AI businesses. The company posted a net loss of more than $540 million and capital expenditures of over $18 billion. Its shares, which closed up, gave back most of those gains in extended trading.</p><p>The stock, which has fallen 8% since SpaceX's record-breaking IPO in June, could face further pressure this week when the lock-up period expires, notes Rob Haworth, senior investment strategy director at U.S. Bank Asset Management Group.</p><p>"I think the market's probably a little worried that we're going to see more shares being offered, although we've been below the IPO price, so we'll have to see.&nbsp;But we think this remains a really important year for IPO markets as we have OpenAI and Anthropic coming as well.&nbsp;This will really start to unlock this private equity market and get some fresh capital to work.&nbsp;And then I think it's a question of how do markets adapt to this, right?&nbsp;How do markets adapt to all these new providers, which are model companies,&nbsp;and incorporate those into the overall ethos? So this is going to remain a really interesting year when it comes to some fresh blood into the U.S. equity market."</p><p>:: AMD</p><p>Also after the close, AMD said its second-quarter revenue rose 50% year-over-year, beating analysts' expectations. But the stock, which closed 7% higher, erased those gains in extended trading.</p><p>In other earnings news, Palantir Technologies grabbed headlines after its CEO delivered what he called "otherworldly" results, with the software company raising its annual revenue forecast. Shares skyrocketed more than 29% to record their biggest daily percentage gain since February of 2024.</p><p>:: Caterpillar</p><p>And shares of Caterpillar, seen as a bellwether for the global industrial economy, jumped about five-and-a-half percent after the company raised its annual revenue growth forecast, as the buildout of AI data centers has fueled demand for its power-generation and construction equipment.</p><p>Meanwhile, crude prices settled down about 5% after a Qatari official said efforts to secure a diplomatic resolution to the Iran conflict were continuing, while U.S. Treasury Secretary Scott Bessent said a deal to reopen the Strait of Hormuz could come within the next two days.</p></body>