News

MGM posts record Q2 revenues, but earnings fall as China and regional margin pressure offset Las Vegas and digital growth.

All three major US stock indexes were up in late-morning trading Thursday, rallying from Wednesday's

EVR posts record Q2 revenues on stronger deal activity and higher AUM, but rising expenses and special charges weighed on earnings.

Mark Zuckerberg’s Meta has lost more than $130bn (£97bn) in value after investors took fright at the pace of the company’s heavy AI spending.

UiPath stock is coming off a difficult five year stretch, with shareholders seeing the share price fall about 79.7%. However, current valuation checks now suggest the stock may be trading below its intrinsic value based on a Discounted Cash Flow (DCF) estimate. Over the past five years, UiPath has delivered a share price decline of 79.7%, which puts long term holders well under water and makes today’s pricing especially important for new and existing investors. UiPath’s ability to convert...

SpaceX stock rose early Thursday as Elon Musk’s rocket and AI company tried to shake off recent losses with some help from the U.S. Space Force. Its shares were up almost 14% after a strong earnings report. As for SpaceX, it was awarded a $1.6 billion contract for 18 Falcon 9 launches.

Qualcomm Inc (NASDAQ:QCOM, XETRA:QCI) shares fell about 3% on Thursday after the chipmaker reported third quarter earnings that narrowly missed expectations and issued a weaker-than-expected profit outlook for the upcoming quarter. For the fiscal third quarter ended June 28, Qualcomm reported...

Meta's massive AI bet is draining billions faster than the company can earn it, and investors are starting to wonder if Zuckerberg is chasing a race he has already lost.

The U.S. has fired a lot of missiles lately, leaving the Defense Department motivated to quickly replace and grow its missile stocks. “When you add the $54 billion dollars in this contract modification, you’re pushing $300 billion dollars of backlog for the company,” said CEO Jim Taiclet on Fox Business. Lockheed is tripling production of its PAC-3 missiles.

Hims & Hers shares crashed yesterday as the FTC filed a lawsuit against the telehealth provider. Here’s how you should play HIMS stock at current levels.

Nokia stock is down 52% from its June peak. Bulls defend the $8.50 Fibonacci support as RSI hits 27. Key levels to watch.

BLDR stock is down after second-quarter earnings and sales miss estimates, with weaker housing demand and a lower 2026 outlook adding to investor concerns.

QCOM's Q3 revenues beat estimates as auto and IoT growth offset handset weakness, but higher costs weighed on earnings and squeezed margins.

Investment management company Vulcan Value Partners recently released its second-quarter 2026 investor letter. A copy of the letter can be downloaded here. Vulcan Value Partners prioritizes long-term returns and lower risk over short-term performance. In the quarter, the Large Cap Composite (Net) returned 9.5%, the Small Cap Composite (Net) returned 13.3%, the Focus Composite (Net) returned 10.4%, the […]

The leveraged hedge fund is working with prime brokers to reduce positions after a July sell-off hit AI infrastructure longs and software shorts, reversing a 439% first-half gain.

ServiceNow stock has fallen 40.8% over the past year, yet the valuation checks still lean expensive rather than cheap, which raises questions about how much of the recent AI and cybersecurity story is already reflected in the price. Over the last 12 months the share price declined 40.8%, which suggests a lot of optimism has already unwound even as the business continues to attract attention around its AI platform and security offerings. Partnerships and product expansion around the...

Ferrari N. V. (NYSE:RACE) reported second-quarter results that came in below Wall Street expectations, but investors welcomed the company’s improved full-year outlook, sending the luxury automaker’s shares about 5% higher in premarket trading.

Vertiv just had its worst month in over a year despite five straight earnings beats, a record backlog, and nearly every analyst on Wall Street still calling it a buy. The disconnect between price and conviction rarely gets this wide for a company this size.

Circle Internet Group (NYSE: CRCL) is a popular cryptocurrency firm that is best known for its USDC stablecoin. It recently acquired IBM's blockchain patent portfolio, adding more than 680 patent families and nearly 1,000 issued patents worldwide to its intellectual property. The company is ...

Altria Group Inc. (NYSE:MO) shares fell nearly 4% after the tobacco company reported second-quarter earnings that came in slightly below Wall Street expectations, despite revenue exceeding forecasts.

Meta Platforms stock cratered Thursday after a quarterly report that beat on revenue but raised serious questions about where billions in AI spending actually leads, and Wall Street's response was swift and brutal.

Meta Platforms stock (META) continues to drop since coming out with second quarter earnings on Wednesday. Yahoo Finance Tech Editor Dan Howley breaks down how investors are reacting to the Facebook parent company's vague guidance on full-year AI capex.

Investing.com -- HSBC downgraded Procter & Gamble to "Hold" from "Buy" and cut its price target to $149 from $182, saying the consumer goods giant's reinvestment in marketing and innovation has yet to translate into stronger sales volumes or margin recovery despite continued spending.

Sirius XM (SIRI) delivered earnings and revenue surprises of -10.26% and +0.91%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Investing.com -- JPMorgan downgraded Pirelli to Neutral from Overweight on Thursday after the tire maker reported first-half results the bank described as solid, citing limited upside at its price target.

Online brokerage Robinhood Markets (NASDAQ: $HOOD) has reported that its revenue generated from cryptocurrency trad...

U. S. stock index futures pointed to a stronger opening on Thursday, with investors looking for a rebound after the heavy losses recorded in the previous session.

Meta is financing its $14 billion, 1 GW El Paso data center through a sophisticated sale-leaseback variant that converts existing land and construction-in-progress assets into partnership equity. By offloading the immediate capital burden to external partners, the company has established a joint venture where BlackRock-managed funds hold an 80% equity stake, while Meta retains a […]

Columbia Threadneedle Investments, an investment management company, released its “Columbia Seligman Global Technology Fund” second quarter 2026 investor letter. A copy of the letter can be downloaded here. During the quarter, the Fund’s Institutional Class shares returned 50.34%, outperforming the MSCI World Information Technology Index’s 33.65% gain. Stock selection in semiconductors, technology hardware and software, together […]

Carvana reported second quarter results on Wednesday that beat revenue and profit expectations, as record retail unit sales pushed the online used-car retailer to its most profitable quarter ever. But the stock tumbled after its full-year forecast fell short of Wall Street's expectations.