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Roblox Corp (NYSE:RBLX) shares fell nearly 30% to around $34 following the company’s second quarter results, as investors reacted to weaker monetization trends and a cautious outlook despite continued user growth. Roblox reported an adjusted loss of $0.26 per share for the quarter ended June...
Reddit shares dropped over 20% Friday after CEO Steve Huffman said the social media company saw volatile search referrals and traffic.
Meta sold off hard after a Q2 print that spooked investors, but a closer look at what actually drove the earnings gap raises a question the market may have answered too quickly.
Roblox shares plunged nearly 30% on Friday, set for their worst one-day decline on record, after the gaming platform forecast a sharp drop in bookings, stocking concerns that recommendation algorithm changes could further pressure near-term spending. If losses hold, Roblox is on track to erase more than $10 billion from its market value, which stood at about $34.9 billion before the selloff. • Roblox said on Thursday it revamped its recommendation algorithm to prioritize games with stronger long-term retention over "cash-grabby" titles focused on short-term spending, hurting bookings as users shifted toward less-monetized experiences.
Reddit shares plunged the most on record on Friday after US daily users, lack of new AI deal announcements dissapointed investors.
Rivian just posted its cleanest quarterly beat in months and lifted full-year guidance, so why are shareholders waking up to an 8% drop while Lucid bleeds in sympathy and Tesla quietly holds its ground?
SIRI's Q2 revenues rise 1% on subscription and ad momentum, while earnings miss estimates and 2026 guidance increases.
The AI-powered online insurer barely missed Wall Street's aggressive estimates.
Most complaints described no warning before the part detached
The company topped Wall Street loss estimates, but its norovirus vaccine missed a key trial goal, sending shares lower
(Bloomberg) -- Reddit Inc. shares suffered their worst intraday drop ever after the social media company failed to announce any new data licensing agreements in its latest earnings report, disappointing investors who are hoping to see a shift in revenue streams.Most Read from BloombergSingapore's Gated Island for the Rich Is Marred by Decayed HomesAnthropic AI Models Hacked Three Organizations During TestsChip Stocks Post Biggest Advance Since April 2025: Markets WrapMicrosoft’s $450 Billion Jum
Coinbase Global Inc (NASDAQ:COIN) shares fell around 9% in early trading on Friday following the company’s second quarter results, which missed Wall Street expectations as weaker cryptocurrency market conditions weighed on revenue and profitability. Coinbase reported Q2 revenue of $1.22...
On this episode of Stock Movers: - Universal Music Group (UMG NA) plummeted to their lowest level since listing, after the company reported disappointing subscription revenue growth. The world's largest record label's subscription revenues grew 16.6% in constant currency, including the impact of its purchase of Downtown Music Holdings, but analysts had expected a 19.2% increase. - Roblox (RBLX) shares are lower after the video-game company's second-quarter results disappointed on key metrics, including users and hours engaged. It also gave a forecast for both bookings and revenue that was weaker than expected. - Reddit (RDDT) shares are moving after it projected revenue in the current quarter revenue that beat Wall Street estimates, but shares fell after the social media company failed to announce any new data licensing agreements.
Tesla had already reportedly prepped for the idea in the event that Beijing invades Taiwan.
Novo Nordisk shares dropped after the Danish drugmaker said an experimental medicine didn't reduce risk of major adverse cardiovascular events in a late-stage trial. The company's Denmark-listed stock was down nearly 10%, while its American depositary receipts fell about 9% in premarket trading in New York.
Investing.com -- AbbVie Inc. (NYSE: ABBV) reported second-quarter earnings before the open on Friday, missing profit expectations, although revenue beat the consensus estimate.
Investing.com -- Novo Nordisk (NYSE: NVO) shares dropped 10% Friday after the drugmaker revealed its experimental drug, ziltivekimab, failed to cut cardiovascular risk in a late-stage clinical trial.
The stock was down 9.5% after the company’s experimental medicine ziltivekimab didn’t achieve the expected risk reduction for major cardiovascular events.
Exxon (XOM) delivered earnings and revenue surprises of -4.35% and +21.10%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Cameco (CCJ) delivered earnings and revenue surprises of -50.00% and +10.04%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Colgate-Palmolive recorded higher sales in the second quarter, despite a choppy consumer environment.
Several brokerages, including Barclays, Goldman Sachs, BTIG, and Clear Street, lowered their price targets on COIN stock following the earnings report.
Adjusted second-quarter earnings of $3.52 a share came in 2 cents below analyst forecasts, with scheduled maintenance limiting fuel-making profits
Investing.com -- ExxonMobil shares slid around 2% in premarket trading Friday after the U.S. energy major reported earnings for the second quarter that missed average analyst forecasts.
Analysts at Morningstar said in a recent note that Apple's outlook points to mounting pressure from AI-driven memory inflation, tight chip supply and foreign exchange headwinds.
The supplier to major automakers, including BMW, Volkswagen and Ford slashed its medium-term sales expectations against a darkening backdrop for the industry.
The project, which is largely tied to the innovative medicine segment, will see the company exit certain facilities and incur costs of up to $750 million.
AI optimism pushed U.S. stock futures higher and drove the volatile Kospi to its biggest daily rise on record in Korea, while Europe’s tech stocks also rallied.
Apple shares were falling hard early Friday, puncturing the iPhone maker’s recent strong run. But analysts at Citi think there are still grounds to back the stock. Apple shares were down 7.4% at $308.
(Bloomberg) -- Situational Awareness tried selling some of its stakes in privately held companies as it rushed to raise cash to meet a barrage of margin calls from its lenders this week. Most Read from BloombergChip Stocks Post Biggest Advance Since April 2025: Markets WrapUS Strikes Iran Again as Conflict Spreads Across Middle EastBond Yields at 19-Year High Send Warsh Credibility WarningWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionMicrosoft’s $450 Billion Jump Is Biggest in S
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