News

SpaceX says it will build data centers exclusively using Nvidia's graphics chips.

Oil and gas producer Devon Energy (NYSE:DVN) reported Q2 CY2026 results topping the market’s revenue expectations, with sales up 80.2% year on year to $7.42 billion. Its non-GAAP profit of $1.57 per share was 11.3% above analysts’ consensus estimates.

Advanced Micro Devices Inc. delivered strong Q2 top- and bottom-line beats fueled by data center AI growth.

Moby summary of Tower Semiconductor Ltd.'s Q2 2026 earnings call

Amgen (AMGN) delivered earnings and revenue surprises of +12.32% and +6.52%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Moby summary of Chatham Lodging Trust's Q2 2026 earnings call

Reddit (RDDT) is back in focus after its second quarter 2026 earnings and guidance prompted investors to reassess the stock, following a period of sharp volatility and changing expectations. See our latest analysis for Reddit. Over the past year Reddit’s share price has been volatile, with a 1 day share price return of 9.98% after the latest earnings update, compared with a year to date share price decline of 36.04% and a 1 year total shareholder return decline of 22.29%. This points to short...

JPMorgan Chase (JPM) has put housing at the center of its latest move, outlining plans to deploy over US$750b through 2035 to finance supply and support homeownership across the United States. See our latest analysis for JPMorgan Chase. The US$352.64 share price sits on the back of a 30 day share price return of 5.43% and a 90 day share price return of 11.98%. The 1 year total shareholder return of 23.34% and 5 year total shareholder return of 150.93% point to strong longer term momentum...

Interactive Brokers Group expanded its AI integration to support more third-party tools via the Model Context Protocol. The update allows clients to connect their Interactive Brokers accounts with a wider range of AI tools for portfolio analysis, research, and natural language trade drafting. This development is intended to widen AI use cases for both retail and institutional clients using NasdaqGS:IBKR. Interactive Brokers Group, listed as NasdaqGS:IBKR, is adding this AI expansion at a...

PNC Bank recently opened its 50th new branch in Hialeah, Florida, marking a key milestone in its coast-to-coast build-out of more than 300 locations and a US$2.00 billion investment program to expand and renovate its U.S. branch network by 2030. This rapid physical expansion across markets like Dallas, Miami, Houston and Denver highlights how PNC is leaning on branch presence to complement its digital channels and support its long-term growth ambitions. Next, we’ll explore how PNC’s...

Advanced Micro Devices (AMD) is back in focus as investors look ahead to upcoming earnings and fresh product updates, with recent AI partnerships and data center expansion plans keeping attention on the stock’s long term potential. See our latest analysis for Advanced Micro Devices. Recent AI partnerships, product launches and data center expansion plans have kept Advanced Micro Devices front and center for investors. The stock’s 1-day share price return of 1.78% and 7-day share price return...

XPeng (XPEV) is back in focus after reporting July 2026 vehicle deliveries and setting a date for its upcoming second quarter earnings release. Investors are watching how these updates connect. See our latest analysis for XPeng. The July delivery update and upcoming earnings date have brought XPeng back into focus at a time when momentum has been weak, with the share price down 39.45% year to date and the 1 year total shareholder return also negative. If you want to see how other EV related...

Southern Copper Corporation previously declared a US$1.10 per-share cash dividend for the second quarter of 2026, payable on August 27 to shareholders of record as of August 11, while also reporting year-on-year declines in mined volumes for copper, molybdenum, zinc and silver. Even with lower production, the company delivered record-breaking quarterly results as historically strong metal prices more than offset the volume declines. Next, we’ll examine how record financial results driven by...

Globalstar stock has delivered very strong returns over the past few years, yet the current valuation checks suggest the shares are not a clear bargain and lean expensive. For investors, the question is how to weigh that track record against signals that the market price may already reflect a lot of optimism. Globalstar has returned 349.0% over the past 3 years, which puts a lot of pressure on today’s valuation to be backed by durable earnings and cash flow. The long term investment case can...

CoreWeave (NasdaqGS:CRWV) is expanding into Indonesia with its first data center presence in Asia-Pacific. The company plans three new large facilities to support AI workloads across Southeast Asia. This move extends CoreWeave's AI cloud infrastructure to serve enterprises and startups in a new region. The expansion also aligns with Indonesia's national digital initiatives and focus on data infrastructure. CoreWeave is building out its AI focused cloud infrastructure in Indonesia, giving...

IREN acquired software firm Mirantis for $625 million in an all-stock deal, with Mirantis operating as a standalone subsidiary that continues serving its existing customers while IREN taps it for…

SpaceX has ramped up its purchases of Tesla Megapacks for its xAI data centers.

SpaceX plans to have annual recurring revenue of about $100 billion by the end of 2026, CFO Bret Johnsen said on Tuesday evening. All of the numbers associated with SpaceX are large. SpaceX raised roughly $110 billion in recent weeks, from its record-setting IPO and debt sale.

Record Q2 revenue of $460 million, up 24% year-over-year, driven by surging silicon photonics and RF infrastructure demand, with 2028 targets raised to $3.6 billion in revenue.

IPG Photonics Corp (IPGP) reports 11% revenue growth, driven by industrial solutions and emerging products, while announcing a major medical acquisition.

Central Bancompany Inc (CBC) reports a 16% year-over-year increase in adjusted net income, robust loan growth, and a refreshed $100 million buyback authorization.

Dialysis provider DaVita Inc. (NYSE:DVA) announced better-than-expected revenue in Q2 CY2026, with sales up 5.2% year on year to $3.55 billion. Its non-GAAP profit of $4.02 per share was 3.6% above analysts’ consensus estimates.

The EV maker posted a wider loss in its second quarter on charges related to job cuts, as the company continues to struggle with competition and a wider downturn for electric vehicle demand.

Despite a strong international performance and record restaurant margins, McDonald's faces a US slowdown as it works to restore value leadership and operational excellence.

CAT delivers historic Q2 with 73% adjusted EPS growth, driven by surging data center demand and broad-based strength across all segments.

Palantir Technologies stock wiped out entire year-to-date profits for short sellers following strong earnings and elevated full-year forecasts, S3 data showed.

FIS delivered robust Banking Solutions performance and boosted its free cash flow guidance, while navigating a challenging quarter in Capital Markets amid strategic portfolio reviews.

Rockwell Automation Inc (ROK) delivers double-digit sales growth and raises full-year outlook, while navigating persistent inflation and tariff-related headwinds.

Wall Street was looking for sales of $361 million and a gross loss of $311 million, according to FactSet. The company delivered 3,953 vehicles in the second quarter, up from 3,309 cars a year ago. Selling more new Gravity SUVs helped boost sales volume.

Caterpillar (NYSE:CAT) reported record second-quarter sales and revenues of $20.5 billion, up 24% from a year earlier, as demand increased across its Construction Industries, Resource Industries and Power & Energy segments. The company said it was the first quarter in its history with more than