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Bloomberg18d agoneutral
Apple’s India Sales Top $10 Billion on Widening Retail Push

(Bloomberg) -- Apple Inc. exceeded $10 billion in annual sales in India for the first time last fiscal year, underscoring surging demand for its pricey devices in a market where it’s steadily ramping up its retail network.Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBevApple’s New CEO Taps Retired Hardware Executive for Management TeamTaco Bell Met With Michigan on Parasite Weeks Before RecallMamdani Dismisses Business Leaders Advising NYC’s Mayor’s FundS&P 500 C

Snap's $2,195 Glasses Will See 'Mass Market Adoption' By End of Decade, Says CEO Evan Spiegel: 'Designed For a Future in Which AI Does More Work'
Benzinga18d agoneutral
Snap's $2,195 Glasses Will See 'Mass Market Adoption' By End of Decade, Says CEO Evan Spiegel: 'Designed For a Future in Which AI Does More Work'

Snap Inc. (NYSE:SNAP) said its $2,195 artificial intelligence-powered Spectacles are a long-term investment, with CEO Evan Spiegel acknowledging that mass-market adoption is unlikely before the end of the decade even as the company continues to invest in what it sees as the next computing platform. Mass Market Adoption May Take Years Speaking on the company’s second-quarter earnings call, Spiegel said Snap plans to unveil its augmented reality glasses at its Sept. 16 event before a commercial la

Is Micron Technology (MU) A Bargain Following New Memory Capacity Risks?
Simply Wall St.18d agoneutral
Is Micron Technology (MU) A Bargain Following New Memory Capacity Risks?

Micron Technology (MU) is back in focus after investors reassessed the stock in light of aggressive capacity expansion plans from CXMT, Samsung and SK Hynix. These plans could pressure future memory pricing. See our latest analysis for Micron Technology. Micron Technology’s share price has been volatile, with a 1-day share price return of 0.79% and a 7-day return of 1.09%, following a July decline of about 15% and concerns over capacity expansion from CXMT, Samsung and SK Hynix. Even with...

Is Higher Net Interest Income And A New Dividend Altering The Investment Case For Butterfield (NTB)?
Simply Wall St.18d agoneutral
Is Higher Net Interest Income And A New Dividend Altering The Investment Case For Butterfield (NTB)?

The Bank of N.T. Butterfield & Son Limited recently reported past second-quarter 2026 results, with net interest income rising to US$95.61 million while quarterly net income eased to US$46.91 million, and also declared a US$0.50 per-share dividend payable on August 26, 2026. Although quarterly earnings per share declined year on year, six-month results showed higher net income and earnings per share, reflecting resilient performance alongside growing interest-earning assets and fee-based...

APH Q2 Deep Dive: AI Datacenter Demand and CommScope Acquisition Propel Growth
StockStory18d agoneutral
APH Q2 Deep Dive: AI Datacenter Demand and CommScope Acquisition Propel Growth

Electrical connector manufacturer Amphenol (NYSE:APH) announced better-than-expected revenue in Q2 CY2026, with sales up 55% year on year to $8.76 billion. On top of that, next quarter’s revenue guidance ($9.35 billion at the midpoint) was surprisingly good and 7.1% above what analysts were expecting. Its non-GAAP profit of $1.35 per share was 13.2% above analysts’ consensus estimates.

What to Watch for in SpaceX’s Earnings Report
The Wall Street Journal18d agoneutral
What to Watch for in SpaceX’s Earnings Report

SpaceX is due to release its first earnings report as a public company after the close today. Here’s what to look for in its second-quarter performance: Starlink growth: SpaceX’s satellite internet product is the company’s cash cow.

Exxon CEO delivers blunt message on what's coming for gas prices
TheStreet18d agoneutral
Exxon CEO delivers blunt message on what's coming for gas prices

I have covered the energy market's evolution through the Iran-Iraq War, from Chevron CEO Mike Wirth's early warnings about depleting buffers to Shell's CEO describing the diesel and gasoline squeeze that emerged as refineries pivoted to jet fuel. On July 31, ExxonMobil Chairman and CEO Darren ...

1 Mid-Cap Stock to Target This Week and 2 We Find Risky
StockStory18d agoneutral
1 Mid-Cap Stock to Target This Week and 2 We Find Risky

Mid-cap stocks often strike the right balance between having proven business models and market opportunities that can support $100 billion corporations. However, they face intense competition from scaled industry giants and can be disrupted by new innovative players vying for a slice of the pie.

Seagate (STX) Heads To FMS 2026 With Its Tech Leaders In Focus
Simply Wall St.18d agoneutral
Seagate (STX) Heads To FMS 2026 With Its Tech Leaders In Focus

Seagate Technology Holdings is scheduled to present at the Future of Memory and Storage 2026 conference. Company technology leaders are featured speakers at the event, which focuses on memory and storage trends. The conference appearance gives Seagate an opportunity to outline its vision and upcoming technology focus areas. Seagate Technology Holdings, listed on NasdaqGS:STX, enters the FMS 2026 conference with a share price of $831.06 and very large gains over the past year. The stock is...

TDOC Q2 Deep Dive: Cash Pay Decline and Insurance Shift Pressure Guidance
StockStory18d agoneutral
TDOC Q2 Deep Dive: Cash Pay Decline and Insurance Shift Pressure Guidance

Digital medical services platform Teladoc Health (NYSE:TDOC) missed Wall Street’s revenue expectations in Q2 CY2026, with sales falling 4% year on year to $606.9 million. Next quarter’s revenue guidance of $589 million underwhelmed, coming in 6.5% below analysts’ estimates. Its GAAP loss of $0.21 per share was 15.5% above analysts’ consensus estimates.

Rockets, Starlink, AI: SpaceX faces its first Wall Street grilling
AFP18d agoneutral
Rockets, Starlink, AI: SpaceX faces its first Wall Street grilling

Less than two months after a record-breaking IPO, SpaceX is set to publish its first quarterly results after markets close on Tuesday, as the share price of Elon Musk's rocket ship and AI company has lost around half its value since peaking in June.Above all, Tuesday's results will show the extent of SpaceX's evolution from being primarily a rocket company to a conglomerate with AI at its core.

1 Small-Cap Stock to Keep an Eye On and 2 We Question
StockStory18d agoneutral
1 Small-Cap Stock to Keep an Eye On and 2 We Question

Investors looking for hidden gems should keep an eye on small-cap stocks because they’re frequently overlooked by Wall Street. Many opportunities exist in this part of the market, but it is also a high-risk, high-reward environment due to the lack of reliable analyst price targets.