Investing.com -- Celsius Holdings Inc. (NASDAQ:CELH) reported second quarter results that fell short of Wall Street expectations, sending shares plunging premarket.
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Technology shares linked to the artificial intelligence boom came under renewed pressure on Thursday, as another wave of corporate earnings prompted investors to take profits from some of the market’s biggest winners. The weakness spread across Asia before carrying into U.
AppLovin Corporation (NASDAQ:APP) shares plunged more than 14% in premarket trading on Thursday after the software company delivered quarterly earnings that exceeded expectations but failed to satisfy investors on revenue growth and forward guidance. For the second quarter ended 30 June, AppLovin reported adjusted earnings per share of $3.
Investing.com - A selloff in Asian technology shares gathered pace on Thursday, following sharp losses in SpaceX and Advanced Micro Devices that renewed skepticism over the sustainability of returns from the AI investment boom.
Aug 5 () - Nutrien missed analysts' estimates for second-quarter profit on Wednesday as lower potash and nitrogen sales volumes offset the benefit of higher fertilizer prices at the world's largest potash producer. Fertilizer producers have benefited from firmer nutrient prices this year, but earnings remain sensitive to shipment volumes, which reflect farmer demand and application activity.
German industrial giant Siemens on Thursday raised its profit outlook for the second time this year after a quarter boosted by AI spending, but its shares plunged after the forecast fell short of investors' hopes.But Siemens shares dropped six percent in early Frankfurt trading, with analysts pointing to expectations of higher full-year profits, as well as fears that new AI tools will disrupt Siemens's own software business.
Siemens Aktiengesellschaft (ETR:SIE) reported record third-quarter results for fiscal 2026, supported by strong demand for data center infrastructure, industrial software and automation. The company raised its full-year earnings outlook after orders, revenue, industrial profit and free cash flow all
OpenAI asked a federal judge Wednesday to dismiss Apple's lawsuit accusing the AI giant and two former Apple employees of stealing trade secrets and soliciting confidential information from job candidates.
The division produces electrical and grid equipment and won a number of large contracts from the U.S. and Europe as companies race to build artificial intelligence infrastructure.
Shares were mixed Thursday in Europe and Asia and South Korea’s Kospi dropped more than 4% following declines for some Big Tech giants including memory chipmaker SK Hynix. Oil prices held steady, with Brent crude trading near $79 a barrel. Uncertainty about the direction of the U.S. war with Iran is still overhanging markets despite hopes for a reopening of the Strait of Hormuz.
Block's Q2 earnings beat expectations, months after Jack Dorsey's controversial 40% AI-driven layoffs, potentially setting a precedent.
Apple Inc. has asked a U.S. judge to issue a preliminary injunction preventing two former employees and OpenAI from accessing, using, or disclosing alleged confidential information while its trade secrets lawsuit proceeds. Apple asked the court to require former employees...
Carvana was once a stock that Wall Street wrote off. In December 2022, shares traded for less than $1 apiece (split-adjusted) after losing almost all their value in a single year. Bankruptcy talk was everywhere. Now the online used vehicle retailer is posting the best numbers in its history. ...
Nutrien (NTR) delivered earnings and revenue surprises of -3.33% and +1.31%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
A leveraged AMD fund turned a modest stake into a small fortune over seven months, then a single earnings report wiped out nearly a quarter of those gains in hours. Here is what the 302% run actually cost its holders.
For the third quarter, AppLovin guided revenue of $2.055–$2.085 billion, lower at the midpoint than Wall Street estimates of $2.08 billion.
A former executive alleged JPMorgan improperly denied reimbursements of more than $100 million to customers who were victims of financial scams.
Investing.com -- Duolingo Inc (NASDAQ:DUOL) reported second quarter results that exceeded analyst expectations, but shares tumbled 11.6% in after-hours trading Wednesday following revenue guidance that fell short of Wall Street estimates.
SYMBOTIC INC (SYM) delivered earnings and revenue surprises of -25.00% and +0.85%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Sandisk shattered Wall Street estimates for its fiscal fourth quarter as relentless hyperscaler demand for AI data storage triggered severe capacity bottlenecks and surging memory chip prices.
DoorDash (DASH) delivered earnings and revenue surprises of -8.00% and +3.08%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Axon (AXON) delivered earnings and revenue surprises of -0.53% and +4.15%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
(Bloomberg) -- Jeff Bezos unloaded almost $350 million in Amazon.com Inc. stock as it hit a record on Monday, his first sale of the company’s shares this year.Most Read from BloombergIran Says Agreement on Hormuz Shipping Reached With OmanSpaceX’s AI Splurge Puts a Damper on First Earnings After IPOTrump Says Iran Talks Going Well as Hopes Rise for Hormuz DealChina’s AI Blitz Creates ‘Death Zone’ for Rival US Model MakersTaco Bell Met With Michigan on Parasite Weeks Before RecallThe transaction,
DoorDash (DASH) late Wednesday delivered a second-quarter revenue beat amid order momentum, while th
Investors pay particular attention to a health insurer’s second-quarter report, which reflects more medical claims data among members.
The Dow Jones hit a new high thanks to Nvidia, but Google, SpaceX and AMD weighed on the Nasdaq. Sandisk, Western Digital fell late.
Improved guidance did not resolve investor concern about declining volume, rising investment and persistent inflation.
Investing.com -- AppLovin Corporation (NASDAQ: APP) saw its shares crater 20% after delivering second-quarter results that proved sky-high profit growth isn’t always enough for Wall Street. Despite surging year-over-year earnings, the marketing software titan missed sales targets and issued a lukewarm forecast for the quarter ahead.
The decline in profit was driven by higher costs of revenue from more orders, as well as increases in sales, marketing, and research and development expenses and other overhead costs, the company said.