News

SpaceX (SPCX) stock investors are still reeling from a post-earnings sell-off, digesting a quarter dominated by soaring CapEx and growing questions over cash generation. Before the report, Wall Street was looking for strong headline numbers but remained mostly skeptical of its ability to expand AI, ...

By Stephen Nellis and Eduardo Baptista Aug 7 (Reuters) - Chinese technology giant Alibaba plans to ask major users of the next version of its Qwen open-source AI model for a share of revenue they make

Joby Aviation Inc., which has long-term plans to make electric flying taxis in Dayton and Vandalia, reported stronger quarterly performance, saying its Blade helicopter service business generated $36.2 million in the second quarter of 2026. Still, the company saw a net loss of $245 million. Joby says its electric aircraft is in the fifth and final stage of Federal Aviation Administration ...

AppLovin Corp (APP) posts 53% revenue growth to $1.92 billion, with strong consumer vertical momentum and a robust Q3 outlook despite lighter-than-expected model improvements.

Phillips 66 (PSX) posts $3.8 billion in adjusted earnings, driven by robust refining margins and operational excellence, while advancing debt reduction and shareholder returns.

Despite a dip in cash reserves, CPS Technologies Corp (CPSH) posts a 37% revenue surge and secures new defense contracts, signaling robust growth ahead.

Chinese technology giant Alibaba plans to ask major users of the next version of its Qwen open-source AI model for a share of revenue they make from the hotly anticipated offering, according to two people familiar with the company's plans. Like last ‌month's blockbuster model release from Chinese AI startup Moonshot, Alibaba's Qwen3.8-Max model is an open-source, open-weight model, meaning that the underlying learned settings that ‌allow developers to run or adapt the system are available for download. Open source is often thought of as free, but tucked into ​the licensing terms of Moonshot's Kimi K3 was a provision that requires anyone offering the model for sale as a service and generating more than $20 million in annual sales to work out a commercial agreement with Moonshot.

Occidental Petroleum Corp (OXY) delivers strongest free cash flow since 2022, cuts debt to lowest level in seven years, and outlines a clear path to $4 billion in annual sustainable cash flow by 2030.

AI CapEx fatigue continues to sour investors as hyperscalers shell out billions on data centers, chips, and power infrastructure without a clear timetable for returns. Wall Street’s been bracing for evidence of the spending boom being a drag on margins, free cash flows, and earnings. Some of the ...

Cleanspark (NASDAQ:CLSK) reported fiscal third-quarter revenue of $138 million, up 1% from the preceding quarter, while outlining plans to expand from Bitcoin mining into digital infrastructure through a long-term data center lease in Georgia. Chief Executive Officer Matthew Schultz said the compan

Century Aluminum (NASDAQ:CENX) reported higher second-quarter shipments, sales and adjusted EBITDA as it expanded output at its Mount Holly plant and advanced the restart of a potline at its Grundartangi facility in Iceland. The company said second-quarter shipments rose 6% from the prior quarter t

Maplebear (NASDAQ:CART), which operates Instacart, reported second-quarter 2026 growth in gross transaction value, revenue and adjusted EBITDA, as the grocery technology company pointed to momentum in its marketplace, enterprise offerings and advertising business. Gross transaction value, or GTV, r

A New Mexico judge ordered the social-media giant to create a new $567 million fund in addition to paying $375 million in previously determined civil penalties.

A New Mexico state court ordered Meta on Thursday to pay $567 million ‌and change how its platforms function for young users in the state ‌after finding the company is to blame for harming children's mental health. Judge Bryan Biedscheid in Santa Fe ​ruled the company had created a public nuisance in New Mexico, siding with the state's Attorney General Raúl Torrez, a Democrat. Torrez had accused the social media company of designing its products to addict young users and failing to protect children from ‌sexual exploitation on its platforms.

Utility companies are increasingly benefiting from the AI data center boom, and here is my favorite way to gain exposure to this investment theme.

CoreWeave stock is stuck in neutral amid strong top-line growth as its second-quarter earnings report approaches. Nebius is also due.

ConocoPhillips (COP) beats production guidance with record Permian output, doubles share repurchases, and advances LNG and international growth initiatives.

Novavax secures key partnerships and raises 2026 outlook while advancing its adjuvant platform in infectious disease and oncology.

Strong double-digit growth across key markets and a new data center opportunity drive a positive outlook despite automotive and Europe headwinds.

Centrus Energy Corp (LEU) reports strong Q2 2026 results with revenue up 14% and a $4.5 billion backlog, driven by key HALEU agreements and a $900 million DOE task order.

Lexicon Pharmaceuticals Inc (LXRX) advances its pipeline with strong cash position despite a challenging quarter marked by a net loss and reduced revenues.

MKS Inc (MKSI) delivers a stellar Q2 with revenue up 28% year-over-year, driven by surging semiconductor and electronics demand, while navigating margin pressures from strategic capacity expansions.

ATI Inc (ATI) posts strongest quarterly EBITDA since 2007, raises full-year outlook on robust aerospace and defense demand.

Brookfield (TSX:BN) has completed its acquisition of Oaktree, expanding its global credit management platform. The company has entered a multi billion dollar joint venture with Blackstone and KKR for Kuwait’s entire pipeline network. Brookfield has formed a partnership with NAVER and NVIDIA to build one of the world’s largest AI focused data center infrastructure platforms. Consider expanding your watchlist to other companies shaping AI infrastructure and related assets through 56 AI...

QSR delivers third consecutive quarter of outperformance with 3.8% same-store sales growth, while navigating currency headwinds and elevated beef costs.

Ocugen Inc (OCGN) advances its gene therapy pipeline with key regulatory milestones and strategic partnerships, despite a wider net loss and delayed BLA submission.

Iovance Biotherapeutics Inc (IOVA) reports record Q2 2026 revenue of $99.3 million, driven by strong Amtagvi demand and all-time high gross margins of 56%.

Fluence Energy Inc (FLNC) reports record $1.44 billion in Q3 orders and $6.4 billion backlog, but lowers fiscal 2026 guidance due to manufacturing ramp-up issues.

Seaport Entertainment Group Inc (SEG) achieves historic financial milestone with positive operating EBITDA and non-GAAP adjusted net income, driven by strong leasing momentum and cost reductions.

Vaalco Energy (EGY) delivered earnings and revenue surprises of -100.00% and +3.18%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?