Sports betting and online gaming company DraftKings Inc (NASDAQ:DKNG) reported second-quarter financial results Thursday after market close. Here are the key highlights. • DraftKings stock is facing resistance. Why is DKNG stock trading lower? DraftKings Q2 Earnings DraftKings reported second-quarter...
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The company posted adjusted earnings per share of $1.87, beating the analyst consensus of $1.50 by $0.37. Revenue reached $1.77 billion, surpassing the $1.66 billion estimate and representing a 28% increase YoY from $1.38 billion in the same quarter last year. Cloud revenue grew 31% YoY to $1.21 billion, while Data Center revenue came in at $461.9 million, above the $414.6 million estimate.
FEATURE Atlassian shares jumped 27% in after hours trading after the software maker reported better than expected fourth quarter results and optimistic guidance. The company reported earnings of $1.87 a share and revenue of $1.
Investing.com -- The Trade Desk Inc. reported second-quarter earnings per share of $0.34, beating analyst estimates of $0.18. Revenue stood at $715 million, significantly below the consensus estimate of $752.61 million.
CleanSpark prepaid long-lead equipment for its 175 MW data-center lease while reporting lower mining revenue, negative adjusted EBITDA and $1.78 billion of long-term debt.
E.L.F. Beauty shares rally on $50 million tariff refunds and blowout Q2 earnings. Here’s how you should play ELF shares after the quarterly print.
The company’s 20% rise in second-quarter sales was driven by growth among customers outside the U.S.
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Carol Massar and Tim Stenovec.
Market Domination Overtime Josh Lipton welcomes Celsius (CELH) CEO John Fieldly after the energy drink maker's disappointing quarterly results sent the stock down roughly 18%.
U.S. stocks fell in a jittery session amid doubts about the reopening of the Strait of Hormuz. The broad S&P 500 lost 13.59 points, or 0.18%, to 7709.96 and the tech-heavy Nasdaq Composite declined 15.09 points, or 0.06%, to 26348.35. U.S.-traded oil futures gained $2.07, or 2.8%, to $77.29 a barrel as trepidation about the Strait of Hormuz grew.
Cloudflare stock jumped amid Q2 earnings that handily beat Wall Street targets while the company's revenue outlook came in well above views.
THE DEAL: After relocating from the Seattle area to Florida, billionaire Howard Schultz, the former chairman and chief executive of Starbucks has sold his house in Hawaii’s affluent Hualālai Resort community for $36 million in an off-market deal. THE BUYER: The buyer is upsizing from a smaller house in the wealthy Big Island community to accommodate a growing family, said listing agent Robert Kildow of Hualālai Realty. Kildow declined to identify the buyer, who agreed to buy the house over FaceTime, he said.
Michael Saylor, the billionaire founder and executive chairman of Strategy (Nasdaq: MSTR), has turned the former enterprise software company into the world’s largest corporate Bitcoin treasury. Strategy’s model involves raising money through common stock, debt and preferred shares, then using much ...
Rocket Companies reported higher second-quarter revenue as its market share in both purchase mortgages and refinancings rose.
Itʻs not often that S&P Global stock is in negative territory.
Shares of AI darlings Western Digital and Sandisk fell. Sandisk’s forward guidance was slightly below previous analyst estimates, while Western Digital’s outlook was in-line with expectations. Western Digital declined 13%, while Sandisk dropped 7%.
Airbnb Inc (NASDAQ:ABNB, XETRA:6Z1) shares rose about 10% after Thursday’s closing bell after the alternative accommodation provider reported better-than-expected second quarter results and raised its full-year revenue and adjusted EBITDA margin guidance, citing continued strong travel...
Twilio stock jumped amid Q2 earnings and revenue that topped estimates while September quarter sales guidance came in above views.
Though its second-quarter gross bookings rose to $5.5 billion, the rideshare company expects bookings in the current quarter to rise at a slower pace of 15% to 19%.
Thursday evening, MP Materials reported second-quarter Ebitda of $28.5 million, Wall Street was looking for $27.1 million.
The short-term rental company said it now expects revenue to increase by at least a mid-teens rate this year, up from its prior projection for growth in the low- to mid-teens.
Since taking office this year, Virginia Gov. Abigail Spanberger has been outspoken about rising utility bills, which have hit residents hard.
Vacation rental site Airbnb beat second-quarter earnings expectations and again raised its full-year outlook, crediting an accelerated pace of bookings and continued strong travel demand despite higher costs. Airbnb shares were up more than 11% in after hours trading, after closing down 0.6% at $151.64 in regular trading. Airbnb said it delivered some of the strongest results in years during the first half of 2026, and that it exceeded its outlook across every key metric for the second quarter.
Wall Street had a simple question heading into SpaceX's first earnings report as a public company. Was the spending worth it? The answer came in the form of a single number that landed on Aug. 4 and immediately changed the tone of every conversation about the stock. The stock had been trading near ...
Higher adjusted profit, long-term nuclear contracts and progress at the Crane restart supported an increased annual forecast.
Iovance Biotherapeutics (NASDAQ:IOVA) reported record second-quarter revenue and gross margin, driven by demand for its Amtagvi tumor-infiltrating lymphocyte, or TIL, therapy, as the company expanded its treatment-center network and advanced clinical programs in lung cancer, sarcoma and gynecologic
The move is expected to benefit Corning's joint venture with Japan's Shin-Etsu Handotai.
With the July jobs report looming, the Dow’s winning streak finally ran into a wall. The Dow Jones Industrial Average fell 464 points, or 0.9%. The S&P 500 dropped 0.2%. The Nasdaq Composite dipped 0.
Humanoid robot developer Unitree announced it will price its upcoming IPO at $22.34 a share, giving it a valuation of $9 billion. The deal will make Unitree China's first public humanoid robot company. Unitree's IPO comes at a time when investors are becoming increasingly focused on the prospect of AI-enabled robotics.
Value is leaving growth behind at a pace rarely seen outside major market downturns. The twist: This is a bull market.