Microsoft (MSFT) stock spiked 15% in Thursday's trading session after delivering blockbuster results for its fiscal fourth quarter yesterday evening.
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<body><p>STORY: U.S. stocks ended sharply higher on Thursday, with the Dow gaining more than one percent, the S&P 500 climbing one-and-two-thirds percent and the Nasdaq rallying more than two-and-three-quarters percent.</p><p>:: Microsoft</p><p>Shares of Microsoft soared more than 15% to log their biggest daily percentage gain in 18 years, after the tech giant gave a stellar forecast that eased fears about massive spending on AI infrastructure.</p><p>That boosted overall market sentiment, says Mary Ann Bartels, chief investment strategist at Sanctuary Wealth.</p><p>“I think the real focus is on Microsoft and their earnings report. There's been a lot of concern about the hyperscalers, the money that they're spending and whether or not they're going to get a return on their capital. And Microsoft eased their concerns. Their spend on their cloud they didn't raise, and their return on their cloud was positive. So the market's really hyper focused, I think, that things aren't that bad.”</p><p>:: Amazon</p><p>After the close, Amazon gave investors more reason to cheer when it topped market expectations for quarterly cloud revenue growth on the back of surging enterprise AI spending, signaling the company's hefty investments were bearing fruit. Its shares, up nearly 4% at the close, surged more than 8% in extended trading.</p><p>Also after the bell, Apple reported sales and profits that beat Wall Street expectations, fueled by its customers snapping up iPhones and MacBooks amid price increases across the consumer electronics sector. Its shares, however, dipped more than 2% in extended trading.</p><p>:: Meta Platforms</p><p>And shares Meta tumbled 8% after the social media heavyweight reported a 91% drop in second-quarter free cash flow, a sign that its costly AI buildout was causing a financial strain.</p></body>
Amazon beat analysts' expectations on Thursday when it reported growth in overall revenue and sales, particularly in its cloud, artificial intelligence and chips divisions. The company meanwhile said that two of its AI-related divisions grew by "triple-digit percentages" -- its AI cloud and chips businesses each "exceeded" $25 billion annual revenue run rates, a measure of recurring sales.
Despite plenty of uncertainty on some of the bigger economic issues, Q2 earnings season rolls along quite successfully to this point.
Bank of America plans to acquire England-based cybersecurity firm MDSec, marking the lender’s first acquisition in five years.
RTX Corporation recently reported past second-quarter 2026 results, with revenue rising to US$24.71 billion from US$21.58 billion and net income increasing to US$2.14 billion from US$1.66 billion year over year, lifting basic earnings per share from continuing operations to US$1.58. Alongside this earnings beat, RTX boosted its full-year 2026 sales and profit outlook on the back of a sharply higher US$289 billion backlog spanning commercial aftermarket and defense programs. Next, we’ll...
MasTec (MTZ) delivered earnings and revenue surprises of +1.37% and +1.81%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Illumina (ILMN) delivered earnings and revenue surprises of +6.50% and +3.36%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
BigBear.ai (BBAI) delivered earnings and revenue surprises of +20.00% and +1.04%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
In the most recent trading session, ATI (ATI) closed at $181.9, indicating a +2.24% shift from the previous trading day.
Apple (AAPL) delivered earnings and revenue surprises of +1.60% and +0.62%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
The next six months may be decisive for the biotech.
One profitable but concentrated, the other scaling fast but burning cash.
In the latest trading session, e.l.f. Beauty (ELF) closed at $82.26, marking a +1.68% move from the previous day.
U.S. stocks rallied, with the Nasdaq jumping 2.8%, as Microsoft’s robust earnings report restored momentum to the artificial-intelligence boom.
The chip slide has created a buying opportunity for momentum investors. But there’s more to momentum than tech and AI.
Tempus (TEM) delivered earnings and revenue surprises of +69.23% and +0.40%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Edison International (EIX) delivered earnings and revenue surprises of +50.98% and -7.65%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Monolithic (MPWR) delivered earnings and revenue surprises of +10.54% and +8.48%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
The market is applauding Amazon's strong Q2 report.
McDonald's results may not impress this quarter, but the company is still a resilient global leader.
Electric vehicle manufacturer Rivian (NASDAQ:RIVN) reported Q2 CY2026 results beating Wall Street’s revenue expectations, with sales up 27.2% year on year to $1.66 billion. Its GAAP loss of $0.63 per share was 18.9% above analysts’ consensus estimates.
Rivian Automotive (RIVN) delivered earnings and revenue surprises of +27.69% and +4.25%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
First Solar (FSLR) delivered earnings and revenue surprises of +43.07% and -0.44%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Rivian provided several key updates during its latest earnings announcement.
Nebius Group stock has surged over the past year, yet the company still screens as undervalued on market multiples while scoring poorly on broader valuation checks. After such a strong run, investors are weighing how much of the AI infrastructure story is already reflected in the price. Over the last 12 months, Nebius Group has returned 172.3%, which puts extra focus on whether recent gains leave enough room for further upside relative to fundamentals. The Nvidia stake and long term cloud...
In the past week, FTAI Aviation reported Q2 2026 results showing revenue rising to US$953.09 million while net income and per‑share earnings from continuing operations declined year on year, alongside declaring cash dividends of US$0.50 per ordinary share and US$0.59375 per Series D preferred share. Alongside the earnings, FTAI Aviation highlighted record Aerospace Products performance, a US$1.47 billion FTAI Power customer contract, and new engine maintenance partnerships in Indonesia and...
Strong revenue growth driven by Eliquis and key growth assets, offset by Opdivo decline and delayed readouts for Milvexian and Cobenfy.