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Investing.com52d agoneutral
Atlassian rockets 23% after crushing earnings and flexing cloud & AI muscle

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.

U.S. Stocks Down on Hormuz Deal Doubts
The Wall Street Journal52d agoneutral
U.S. Stocks Down on Hormuz Deal Doubts

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.

Former Starbucks CEO Howard Schultz Sells His Hawaii Home for $36 Million
The Wall Street Journal52d agobearish
Former Starbucks CEO Howard Schultz Sells His Hawaii Home for $36 Million

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.

Billionaire reveals how he made $15 billion using ChatGPT
TheStreet52d agoneutral
Billionaire reveals how he made $15 billion using ChatGPT

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 ...

Shares of Memory Giants Drop on Soft Guidance
The Wall Street Journal52d agobearish
Shares of Memory Giants Drop on Soft Guidance

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 raises 2026 outlook after Q2 earnings top estimates
Proactive52d agoneutral
Airbnb raises 2026 outlook after Q2 earnings top estimates

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...

Airbnb Raises Guidance After Second-Quarter Earnings Beat
Barrons.com52d agobullish
Airbnb Raises Guidance After Second-Quarter Earnings Beat

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.

JPMorgan resets SpaceX price target after earnings
TheStreet52d agoneutral
JPMorgan resets SpaceX price target after earnings

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 ...

Iovance Biotherapeutics Q2 Earnings Call Highlights
MarketBeat52d agoneutral
Iovance Biotherapeutics Q2 Earnings Call Highlights

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