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SK Hynix Leads Korean Pop
The Wall Street Journal9d agoneutral
SK Hynix Leads Korean Pop

SK Hynix shares leaped 30% on Friday, by far their biggest daily rise since the South Korean memory-chip manufacturer and AI darling went public in the 1990s. Not far behind was fellow chip producer Samsung Electronics, which rose 27%. News that hedge fund Situational Awareness has offloaded troubled AI-related investments to Citadel is contributing to Friday's blockbuster gains in tech stocks, hedge-fund managers said.

Ford and GM Attempts to Go Beyond Cars Deserve Skepticism
The Wall Street Journal9d agoneutral
Ford and GM Attempts to Go Beyond Cars Deserve Skepticism

Ford Motor and General Motors are looking beyond cars. In May, Ford’s shares surged as much as 45%, adding nearly $23 billion of market value, in the weeks after it formally announced Ford Energy, a grid-scale battery-storage business that will serve the power needs of artificial-intelligence hyperscalers and utilities. Its shares have since moderated, but are still up more than 20% since the Ford Energy launch.

StockStory9d agoneutral
5 Must-Read Analyst Questions From SLB’s Q2 Earnings Call

SLB’s second quarter results were met with a significant positive market reaction, as the company’s performance exceeded Wall Street’s expectations despite a year-on-year revenue decline. Management credited broad-based international growth and a rebound in North American operations as primary contributors to the quarter. CEO Olivier Le Peuch highlighted “higher offshore activity in Latin America, Europe, Africa, and Asia,” as well as increased demand in U.S. land for production and recovery sol

Apple slides as supply snags cloud outlook, putting iPhone demand in focus
Reuters9d agoneutral
Apple slides as supply snags cloud outlook, putting iPhone demand in focus

Apple shares dropped 7.3% before the bell on Friday as the tech giant warned that supply ‌constraints would hurt growth, prompting investors to look beyond near-term shortages to ‌gauge the hit from an expected iPhone price hike. The decline puts Apple on track to shed ​roughly $361.6 billion in market value, if the losses hold. The company's outlook highlighted a broader industry challenge, with AI-driven demand tightening supplies of advanced chips and memory, driving up costs and prolonging supply-chain bottlenecks across the technology sector.

Floor & Decor Q2 Earnings Call Highlights
MarketBeat9d agoneutral
Floor & Decor Q2 Earnings Call Highlights

Floor & Decor (NYSE:FND) reported second-quarter fiscal 2026 adjusted diluted earnings per share of $0.58, unchanged from a year earlier, as the company managed expenses and generated free cash flow despite continued softness in large discretionary flooring projects. Total sales increased 3% ye

Endeavour Silver Q2 Earnings Call Highlights
MarketBeat9d agoneutral
Endeavour Silver Q2 Earnings Call Highlights

Endeavour Silver (NYSE:EXK) reported higher production, record metal sales and a sharp increase in mine operating cash flow during the second quarter, as the Terronera mine continued ramping up and the Kolpa operation achieved higher throughput. Chief Executive Officer Dan Dickson said the company

Bloomberg9d agoneutral
Apple Leads Phone Revenues and Prices Up, Counterpoint Says

(Bloomberg) -- Apple Inc. led a 7% increase in global smartphone revenue over the June quarter, showing how rising prices are offsetting shrinking shipments, according to Counterpoint Research.Most Read from BloombergSingapore's Gated Island for the Rich Is Marred by Decayed HomesChip Stocks Post Biggest Advance Since April 2025: Markets WrapUS Strikes Iran Again as Conflict Spreads Across Middle EastAnthropic AI Models Hacked Three Organizations During TestsMicrosoft’s $450 Billion Jump Is Bigg

Bloomberg9d agoneutral
Griffin's Move Offers AI Reprieve as Traders Eye More Blowouts

(Bloomberg) -- Billionaire Ken Griffin's rescue of hedge fund Situational Awareness helped trigger a relief rally in global AI stocks, leaving traders debating if the worst is over or more blowouts are on the way.Most Read from BloombergSingapore's Gated Island for the Rich Is Marred by Decayed HomesChip Stocks Post Biggest Advance Since April 2025: Markets WrapUS Strikes Iran Again as Conflict Spreads Across Middle EastAnthropic AI Models Hacked Three Organizations During TestsMicrosoft's $450

Bloomberg9d agoneutral
Griffin’s Move Offers AI Reprieve as Traders Eye More Blowouts

(Bloomberg) -- Billionaire Ken Griffin’s rescue of hedge fund Situational Awareness helped trigger a relief rally in global AI stocks, leaving traders debating if the worst is over or more blowouts are on the way.Most Read from BloombergSingapore's Gated Island for the Rich Is Marred by Decayed HomesChip Stocks Post Biggest Advance Since April 2025: Markets WrapUS Strikes Iran Again as Conflict Spreads Across Middle EastAnthropic AI Models Hacked Three Organizations During TestsMicrosoft’s $450

Sony hikes profit outlook on strong gaming earnings
AFP9d agoneutral
Sony hikes profit outlook on strong gaming earnings

Sony hiked its profit forecasts for the current year on Friday, helped by the Japanese consumer electronics giant's video games division and the weak yen.Sony on Friday indicated that it has sufficient components to meet planned production levels for its PlayStation 5 during the current fiscal year.

EMCOR Group Q2 Earnings Call Highlights
MarketBeat9d agoneutral
EMCOR Group Q2 Earnings Call Highlights

EMCOR Group (NYSE:EME) reported record second-quarter revenue, operating income and remaining performance obligations, driven by strong demand in data centers, institutional projects, manufacturing and industrial work, and other end markets. The company also raised its full-year 2026 revenue and ear

Diana Shipping Q2 Earnings Call Highlights
MarketBeat9d agoneutral
Diana Shipping Q2 Earnings Call Highlights

Diana Shipping (NYSE:DSX) reported higher second-quarter revenue, earnings and adjusted EBITDA as improved charter rates, lower interest expense and gains on equity securities supported profitability. For the quarter ended June 30, 2026, time charter revenue rose to $57.3 million from $54.7 million

Dolby Laboratories Q3 Earnings Call Highlights
MarketBeat9d agoneutral
Dolby Laboratories Q3 Earnings Call Highlights

Dolby Laboratories (NYSE:DLB) reported third-quarter fiscal 2026 revenue of $305 million, within its prior guidance range, as strength in Dolby Atmos, Dolby Vision and imaging patents was partly offset by deal timing and foundational audio revenue. Non-GAAP earnings per share were $0.69, slightly a