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FTAI Aviation (FTAI) Is Down 11.3% After Mixed Q2 Results And Major New Contract Wins
Simply Wall St.8d agobullish
FTAI Aviation (FTAI) Is Down 11.3% After Mixed Q2 Results And Major New Contract Wins

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...

Investing.com8d agobullish
Reddit shares slide despite strong Q2 beat and upbeat guidance

Investing.com -- Reddit Inc (NYSE:RDDT) reported second-quarter financial results that comfortably surpassed Wall Street expectations across top and bottom lines, though the social media platform saw its stock pull back in after-hours trading following a rapid run-up into the print. Shares dropped 7.7% late Thursday despite the company logging its eighth consecutive quarter of revenue growth above 60% and issuing robust guidance for the upcoming period. For the three months ended June 30, total

Investing.com8d agobullish
Amazon tops Q2 revenue estimates as AWS growth surges, shares rally

Investing.com --Amazon beat Wall Street estimates for second-quarter revenue on Thursday as accelerating growth in its cloud computing business helped offset continued heavy spending on artificial intelligence, sending its shares rallying nearly 10% in after-market hours. but its third-quarter sales forecast came in below analysts’ expectations.

Bank of America to buy UK's MDSec Consulting to bolster cyber defenses
Reuters8d agobullish
Bank of America to buy UK's MDSec Consulting to bolster cyber defenses

Bank of America said on Thursday it plans to acquire ‌information security firm MDSec Consulting Ltd, ‌as it bolsters its capabilities against cyber attacks. The ​deal is expected to be completed during the fourth quarter of 2026 following regulatory approval, the second-biggest U.S. lender said in a ‌statement. Companies worldwide are grappling with a surge in ⁠AI-driven cyberattacks and ransomware that steal sensitive data and disrupt operations.

Amazon revenue soars as AI investments pay off
Axios8d agobullish
Amazon revenue soars as AI investments pay off

Amazon's AI cloud business soared in the second quarter, driving far higher revenue than expected, though the company's free cash flow also turned negative as it invests heavily in the business.

Monolithic Power Systems (NASDAQ:MPWR) Beats Expectations in Strong Q2, Stock Jumps 10.5%
StockStory8d agobullish
Monolithic Power Systems (NASDAQ:MPWR) Beats Expectations in Strong Q2, Stock Jumps 10.5%

Power management chips maker Monolithic Power Systems (NASDAQ:MPWR) reported Q2 CY2026 results beating Wall Street’s revenue expectations, with sales up 47.6% year on year to $980.6 million. On top of that, next quarter’s revenue guidance ($1.15 billion at the midpoint) was surprisingly good and 16.5% above what analysts were expecting. Its non-GAAP profit of $6.50 per share was 10.5% above analysts’ consensus estimates.

Amazon beats estimates for quarterly cloud revenue growth
Reuters8d agobullish
Amazon beats estimates for quarterly cloud revenue growth

Amazon.com topped market expectations for quarterly cloud revenue growth on Thursday on the back of surging enterprise AI spending, signaling the company's hefty investments ‌were bearing fruit. Revenue at its cloud computing unit, Amazon Web Services, jumped 37% ‌to $42.2 billion in the second quarter ended June 30, compared with analysts' consensus estimate of a 31.21% increase, according to ​data compiled by LSEG. Amazon said it burned $7.6 billion of cash on a trailing twelve months basis in the second quarter, compared to $18.2 billion in free cash flow a year earlier.

The Big Flaw in the Stock Market's Tech-Driven Rally Today
Barrons.com8d agobullish
The Big Flaw in the Stock Market's Tech-Driven Rally Today

The Nasdaq Composite led gains, up 2.8%, while the S&P 500 rose 1.7%. "Typical snap back day after an exagerated Fed Day move," Carson Group's chief strategist Ryan Detrick said, nodding to tech leading gains. Tech stocks were more than pulling their weight, leading the climb higher.