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Software company soars amid plans to cut 1,000 jobs
TheStreet4d agobullish
Software company soars amid plans to cut 1,000 jobs

ServiceNow (NOW) plans to cut up to 1,000 jobs, and its stock went up on the news. That reaction surprised many people, given that layoffs usually signal trouble. Yet NOW's stock price climbed toward $111 after the plan surfaced, up about 9% over five trading sessions. The stock had fallen more ...

Investing.com5d agoneutral
Amazon cloud chief says inference demand is surging

Investing.com -- Amazon.com Inc.'s cloud division is seeing customers move from training AI models to integrating them into business operations through a process called inference, according to the unit's chief executive.

Robinhood scores another win after earnings beat
TheStreet5d agobullish
Robinhood scores another win after earnings beat

Robinhood Markets (Nasdaq: HOOD), the e-brokerage platform popular for its equity, crypto, and tokenized stock offerings, last week reported the financial results for the second quarter of 2026. The firm posted $1.31 billion in revenue and $0.62 in earnings per share (EPS), beating Wall ...

BofA refuses to embrace cybersecurity darling ahead of earnings
TheStreet5d agoneutral
BofA refuses to embrace cybersecurity darling ahead of earnings

Every investor has felt the itch to buy the one stock everyone else already owns. Fastly’s chart this year has that kind of pull, a steady climb that turns skeptics into buyers with each new high. One of Wall Street’s largest banks looked at that same chart and decided to stay out. BofA Global ...

Kosmos Energy Q2 Earnings Call Highlights
MarketBeat5d agoneutral
Kosmos Energy Q2 Earnings Call Highlights

Kosmos Energy (NYSE:KOS) reported higher second-quarter production, lower operating costs and continued balance-sheet progress as new wells in Ghana and the ramp-up of its Greater Tortue Ahmeyim LNG project supported first-half performance. Chairman and Chief Executive Officer Andy Inglis said the

Echostar Q2 Earnings Call Highlights
MarketBeat5d agoneutral
Echostar Q2 Earnings Call Highlights

Echostar (NASDAQ:ECHO) said its Hughes business filed for Chapter 11 bankruptcy protection after the unit’s $1.5 billion bond maturity came due on Aug. 1 and discussions with bondholders did not produce what the company called a workable solution. Chairman Charlie Ergen said the bankruptcy filing i

How the S&P 500 Survives a Chip Meltdown Without Falling Into a Bear Market
Barrons.com5d agobearish
How the S&P 500 Survives a Chip Meltdown Without Falling Into a Bear Market

Chip stocks have taken it on the chin lately, but worries about the AI trade don’t have to bring down the entire market. The S&P 500’s information technology and communications sectors fell 15% from June 1 through July 29, when the Federal Reserve announced it was holding the fed-funds rate steady, strategist Jim Paulsen wrote Monday on Substack. The overall S&P 500 ended up down less than 4%.

Tesla rival trims spending plans despite revenue beat
TheStreet5d agobullish
Tesla rival trims spending plans despite revenue beat

Valued at a market cap of $22 billion, electric vehicle manufacturer Rivian has underperformed the broader markets in recent years. Down 80% from all-time highs, the EV maker beat Wall Street revenue consensus estimates in Q2 and surprised investors with a lower capital spending forecast. For ...

AstraZeneca Investors See Little Logic in Bristol Tie-Up
Bloomberg5d agoneutralVIDEO
AstraZeneca Investors See Little Logic in Bristol Tie-Up

AstraZeneca Plc investors had a clear message for the UK drugmaker on Monday: they don't like the idea of a $400 billion merger with Bristol-Myers Squibb Co. Bloomberg Intelligence's Director of Research, Sam Fazeli joins to discuss.

Alphabet’s stock splits: History & prospects explained
TheStreet5d agoneutral
Alphabet’s stock splits: History & prospects explained

Alphabet was founded as Google in Menlo Park, California, in 1998, and its original name quickly became synonymous with the concept of the internet search engine. The company went public in 2004, and more than two decades later, it’s the third-largest company by market capitalization, with its ...

5 Revealing Analyst Questions From F5’s Q2 Earnings Call
StockStory5d agoneutral
5 Revealing Analyst Questions From F5’s Q2 Earnings Call

F5’s second quarter marked a period of growth above Wall Street’s expectations, yet was followed by a negative market reaction. Management highlighted robust demand for application security and delivery, citing 19% product revenue growth and ongoing wins in hybrid multi-cloud environments. CEO François Locoh-Donou attributed the strong results to F5’s ability to address the rising complexity of securing distributed applications, particularly as customers accelerate investments in AI and shift wo