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Amazon's Zoox to start paid robotaxi rides in Vegas next week
Reuters23d agoneutral
Amazon's Zoox to start paid robotaxi rides in Vegas next week

Amazon's Zoox will begin paid rides in Las Vegas next week, the company said on Wednesday, days after the U.S. ‌road safety agency allowed commercial deployment of its robotaxis that run without human ‌controls. Zoox, whose electric carriage-style vehicle has two rows of inward-facing seats, has been carrying passengers in Las Vegas, ​San Francisco, Austin and Miami for free as part of testing. Zoox will ‌start charging passengers in Las ⁠Vegas from Monday, with pricing similar to the "comfort" tier offered by other ride-hailing companies, it said in a statement.

GlobalFoundries Q2 Earnings Call Highlights
MarketBeat23d agoneutral
GlobalFoundries Q2 Earnings Call Highlights

GlobalFoundries (NASDAQ:GFS) reported second-quarter fiscal 2026 revenue of $1.786 billion, up 9% sequentially and 6% from a year earlier, as demand for communications infrastructure and data-center applications helped drive growth and margin expansion. Chief Executive Officer Tim Breen said revenu

Extreme Networks Q4 Earnings Call Highlights
MarketBeat23d agoneutral
Extreme Networks Q4 Earnings Call Highlights

Extreme Networks (NASDAQ:EXTR) reported fourth-quarter fiscal 2026 revenue of $339 million, up 10% from a year earlier and 7% sequentially, as the networking company cited continued product demand, higher gross margins and growing adoption of its Extreme Platform ONE platform. For the full fiscal y

EVgo Q2 Earnings Call Highlights
MarketBeat23d agoneutral
EVgo Q2 Earnings Call Highlights

EVgo (NASDAQ:EVGO) reported second-quarter 2026 revenue of $83 million, down 16% from a year earlier, as growth in its core charging network was offset by declines in its eXtend and autonomous-vehicle-related businesses. The company posted an adjusted EBITDA loss of $10.6 million, in line with its p

Eos Energy Enterprises Q2 Earnings Call Highlights
MarketBeat23d agoneutral
Eos Energy Enterprises Q2 Earnings Call Highlights

Eos Energy Enterprises (NASDAQ:EOSE) reported record second-quarter revenue and backlog while narrowing its 2026 revenue outlook as it accelerates the consolidation of manufacturing operations at its Thorn Hill facility. Chief Executive Officer Joe Mastrangelo said the company shipped more product

CPS Technologies Q2 Earnings Call Highlights
MarketBeat23d agoneutral
CPS Technologies Q2 Earnings Call Highlights

CPS Technologies (NASDAQ:CPSH) reported second-quarter revenue of $8.3 million, modestly above $8.1 million in the comparable 2025 period, as the company cited robust demand across its core product markets. The company also said revenue increased from first-quarter levels and expects shipments to co

Eli Lilly is treating nearly 10% of US obesity population with GLP-1s: CFO
Yahoo Finance Video23d agoneutralVIDEO
Eli Lilly is treating nearly 10% of US obesity population with GLP-1s: CFO

After the company reported second quarter earnings and raised its full-year sales guidance, Eli Lilly (LLY) CFO Lucas Montarce outlines the expansion opportunities that the pharmaceutical giant is seeing in its GLP-1 category, specifically the introduction of oral weight-loss drugs to the market.

Netlist Forms Strategic Alliance With Samsung Through Patent License and Supply Agreements
InvestorsHub23d agoneutral
Netlist Forms Strategic Alliance With Samsung Through Patent License and Supply Agreements

The five-year partnership includes a broad patent cross-license, memory supply agreement, technology collaboration, settlement of ongoing litigation, and Samsung’s planned purchase of Netlist shares. Key Investor TakeawaysNetlist (USOTC:NLST) signed a five-year strategic alliance with Samsung covering patent licensing, memory product supply, and technology cooperation.

Where is Walmart’s headquarters? All about its Bentonville, Arkansas base
TheStreet23d agoneutral
Where is Walmart’s headquarters? All about its Bentonville, Arkansas base

In 1962, Sam Walton opened the first Wal-Mart Discount City in Rogers, Arkansas, pioneering a low-price retail model that would eventually reshape the global retail industry. But Walmart's roots actually run a little deeper — and a few miles down the road. Nearly a decade earlier, Walton and his ...

Can Huntington Ingalls (HII) Overcome Margin Pressure and Contract Challenges?
Insider Monkey23d agoneutral
Can Huntington Ingalls (HII) Overcome Margin Pressure and Contract Challenges?

Diamond Hill Capital, a First Eagle Investment Management company, issued its Q2 2026 investor letter for its “Mid Cap Strategy”. A copy of the Q2 2026 investor letter can be downloaded here. In the quarter, equity markets posted strong returns as resilient economic growth and robust corporate earnings supported investor sentiment, although AI-related companies continued to dominate market […]

Wall Street Sold Off Intel After Its Earnings. But the Company Is Setting Up a Monster 2027.
24/7 Wall St.23d agoneutralVIDEO
Wall Street Sold Off Intel After Its Earnings. But the Company Is Setting Up a Monster 2027.

In this segment of the AI Investor Podcast from 24/7 Wall St., co-hosts Eric Bleeker and Austin Smith work through Intel's quarter and the whipsaw price action around it. Bleeker opens with the trading pattern as a microcosm of the month: Intel rose 10% after hours on the report, then fell roughly 30% over the following days, leaving it down 34% on the month at the end of last week. Yet, zoomed out, the stock is up 134% year to date and still more than double its post-February level, while most momentum names have given back their post-February gains entirely. He reads that as evidence Intel remains a structural winner. Bleeker credits two calls made earlier. The first was the rise of CPUs, which he says is playing out more forcefully than expected, with Intel's CPU prices up 48%. The second, and the one that matters more long term, is the foundry business. Intel guided 14A to volume production in 2028, which Bleeker takes as on track. Wall Street's disappointment centered on Intel declining to name customers, but Bleeker argues that silence is rational: a company shifting volume away from Taiwan Semiconductor has no interest in publicizing it and risking its existing allocation. What Intel needs, he notes, is wafer customers rather than packaging work, and he sees potential majors like Google drifting toward it. Smith agrees the non-disclosure is sensible and adds that these are not phantom customers. He points to reporting on xAI and the widely covered Apple arrangement as reasonably well established, meaning Intel gains little by confirming them publicly.