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<body><p>VIDEO SHOWS: N/A</p><p>STORY: Wall Street's main indexes ended higher on Thursday, with the Dow ticking up marginally, the S&P 500 adding nearly two-thirds of a percent to close at a record high, and the tech-heavy Nasdaq climbing more than eight-tenths of a percent.</p><p>Several chip stocks led the way, with shares of Sandisk surging nearly 14% after the memory chip maker said it expects revenue to grow at a mid-to-high-teens percentage rate from fiscal years 2028 to 2030, encouraged by strong demand amid rapid AI infrastructure buildout. </p><p>On the flip side, shares of Cisco fell more than 8% despite the AI infrastructure company a day earlier forecasting fiscal 2027 revenue above Wall Street expectations.</p><p>Eric Diton is president and managing director of The Wealth Alliance.</p><p>"Sandisk up double digits with just great numbers, great expectations for future revenue for margins, which by the way is what took Cisco down today. Cisco beat on earnings, beat on revenue, but the street focused on a little over a 2% drop in margin, and they beat up the stock pretty well. But generally speaking, the Nasdaq's having a great day, up roughly three quarters of a percent, led by the chips."</p><p>Elsewhere in the market, shares of Netflix climbed more than 5% after billionaire investor Bill Ackman unveiled a new holding in the streaming company as part of Pershing Square's biggest portfolio overhaul in years.</p><p>And shares of Tapestry plunged more than 16% after the Coach owner forecast muted annual revenue growth.</p><p>Meanwhile, fresh data showed U.S. producer prices were unchanged in July, while the number of Americans filing claims for unemployment benefits increased moderately last week, pointing to a stable jobs market.</p><p>Traders are pricing in a more than 60% chance that the Federal Reserve will keep interest rates unchanged at its meeting next month, according to CME's FedWatch tool.</p></body>
Ondas Inc (ONDS) reports record Q2 2026 revenue of $83.8 million, raises full-year guidance, and accelerates profitability targets amid strong demand and strategic acquisitions.
Intuitive Machines Inc (LUNR) posts a 4x revenue increase to $206 million and secures a record $1.8 billion backlog, positioning for sustained expansion despite ongoing profitability challenges.
Figure Technology Solutions Inc (FIGR) delivered record Q2 2026 consumer loan marketplace volume of $4.3 billion, up 132% year-over-year, while expanding adjusted EBITDA margins to 55%.
Record subscription revenue and strategic advances offset near-term crypto market headwinds.
Blaize (NASDAQ:BZAI) lowered its full-year 2026 revenue outlook to $40 million to $43 million, from prior guidance of $130 million, citing delayed customer deployments, commercial opportunities that did not convert as expected, higher memory costs and a provision tied to an outstanding Starshine rec
Legence Corp (LGN) reports 111% revenue growth and boosts full-year outlook amid strong demand across data centers and manufacturing.
Revenue surged 56% year over year as lidar shipments accelerated.
Investing.com -- President Donald Trump signed a proclamation Thursday imposing aggressive tariffs on imports of unmanned aircraft systems and their critical components under Section 232 of the Trade Expansion Act. The action establishes a layered duty regime designed to curb reliance on foreign supply chains, address pressing national security concerns, and accelerate domestic production capacity across the industrial base. Under the new order, heavy industrial and military-grade drones, specif
Revenue jumped 48% to $481 million on record royalty growth.
JBP clients surged 38% year over year despite macro headwinds slowing overall growth.
BranchOut Food (NASDAQ:BOF) reported record quarterly net revenue of $4.45 million, while management said investments tied to customer acquisition, expedited shipping and high-cost raw materials weighed on gross margin during the period. Chief Financial Officer John Dalfonsi said the company’s stra
Applied Materials (NASDAQ:AMAT) reported record fiscal third-quarter 2026 results, with revenue, operating profit and non-GAAP earnings per share reaching new highs as demand for AI-related semiconductor manufacturing equipment continued to strengthen. President and CEO Gary Dickerson said the comp
Strategic partnerships now fuel 30% of North American rides as autonomous vehicle operations expand.
Record revenue and backlog surge as defense demand accelerates.
All eyes are on HIVE Digital Technologies (Nasdaq: HIVE) this week as the Bitcoin miner prepares to open its books. The company will release its fiscal first-quarter 2027 results on Friday, Aug. 14, after the market closes, followed by an earnings conference call on Monday, Aug. 17, at ...
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Applied Materials posted record third-quarter results and delivered a stronger-than-expected fourth-quarter forecast.
Brookfield (NYSE:BN) reported second-quarter distributable earnings before realizations of $1.4 billion, or $0.61 per share, up 15% per share from a year earlier, as growth in asset management and wealth solutions supported results. Total distributable earnings, including realizations, were $1.5 bi
Bullish (NYSE:BLSH) reported second-quarter results that showed revenue growth and positive adjusted EBITDA despite lower crypto prices and volatility, while executives emphasized tokenized securities and the pending Equiniti acquisition as central to the company’s longer-term strategy. Chief Execu
By Jamie McGeever ORLANDO, Florida, Aug 13 (Reuters) - Stocks and bond prices rose on Thursday, with the S&P 500 barreling to a fresh high, as investors cheered another relatively benign snapshot of