News

AppLovin stock is taking another big hit Thursday after a letdown from its Q2 results. Analysts mostly stuck by bullish views of the stock after the report, but cut their price targets on a stock that was a Wall Street darling in 2024 and 2025. AppLovin stock dropped roughly 20% to 336.28  in recent action on the stock market today.

Investing.com -- Piper Sandler downgraded AppLovin to Neutral in a note, saying the outlook is "more mixed from here" following the company's second-quarter results.

Siemens AG (SIEGY) posts all-time high orders of EUR27.9 billion, raises fiscal 2026 EPS outlook to EUR11.20-EUR11.50 amid robust growth across all industrial businesses.

The newly public rocket company is doubling down on its operations in Grimes County, Texas, where it is also headquartered, in an effort to produce the chips it needs for its spacecraft.

WPP PLC (WPP) reports sequential improvement in Q2, strong new business wins, and strategic investments in AI and high-growth areas despite ongoing client losses and margin pressures.

SBM Offshore NV (SBFFF) nearly doubles directional EBITDA to $1.3 billion, secures major new contracts, and boosts full-year outlook amid a volatile market.

Although the revenue and EPS for Restaurant Brands (QSR) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Yahoo Finance's Julie Hyman takes a closer look at one of Thursday's trending stories: Constellation Energy (CEG) beating earnings estimates and raising its outlook.

Investors are focused on SpaceX’s massive Starship rocket. Space-and-defense company Redwire said it had agreed to send its orbital pharma technology to low-Earth orbit on SpaceX’s Starfall spacecraft, a vehicle that hasn’t flown yet. SpaceX hasn’t said much about Starfall, but has submitted plans to federal regulators that describe it as a cylindrical capsule 2.5-feet high and more than 10 feet in diameter.

TRP expects comparable EBITDA at the upper end of its C$11.6-C$11.8 billion guidance and net capital expenditures of C$5.5-C$6 billion.

Ryan Lance is retiring next month after 14 years leading U.S. oil giant ConocoPhillips and will hand the top job to Chief Financial Officer Andy O’Brien. During his tenure, ConocoPhillips cemented its dominant presence in Alaska, established itself as a top player in the Permian Basin, the largest oil field in the U.S., and made hefty investments in natural gas export terminals. The announcement Thursday came as ConocoPhillips reported its best quarterly results in four years, with profits of $3.9 billion, boosted by higher oil and fuel prices amid the Iran war.

Keep an eye on Intel here.

Anna Cooban reports on the British government’s decision to clear Paramount Skydance’s $110 billion takeover of Warner Bros. Discovery due to assurances on media diversity from the company.

SRE tops Q2 earnings estimates as utility and infrastructure profits surge, but revenues dip and miss forecasts despite stronger operating cash flow.

EFC heads into Q2 results with revenues expected to jump, while higher costs and market volatility may have weighed on EPS.

ADMA Biologics matches earnings estimates, misses on revenues and maintains its 2026 outlook as strong Asceniv growth offsets continued pressure on Bivigam.

Lyft Inc. (NASDAQ:LYFT) reports second-quarter earnings after the close Thursday following a strong run of headlines: New York taxis joining its platform, robotaxi tests beginning in London and Waymo going live in Nashville ahead of a planned Lyft integration. On...

Honeywell Aerospace stalled and crashed in its first earning report as an independent aerospace stock.

The software sector slumped on Thursday after quarterly results from Datadog, HubSpot, and Figma.

With the S&P 500 dividend yield near generational lows, chasing income in the stock market is getting tougher.

IONQ posts a wider-than-expected Q2 loss but tops revenue estimates, raises its 2026 revenue outlook and sees shares rise after the results.

BNP Paribas Wealth Management just handed clients a gold target that would stun most investors, and the bank says two converging forces make it more realistic than it sounds.

SolarEdge shares crashed yesterday on disappointing future guidance. Here’s why SEDG stock isn’t particularly attractive to buy on the dip.

Trading in SpaceX options ramped up yesterday, hitting the highest level since mid-June. Some of the most actively-traded bets were put options pegged to the shares falling to $100 or $105, Cboe Global Markets data show.

Aeva's Q2 loss narrows as service revenues nearly triple, lifting sales and turning gross profit positive despite higher operating expenses.

British regulators on Thursday gave Paramount the greenlight for its $81 billion takeover of Warner Bros. Discovery, with some new assurances from the company — clearing another hurdle for the mega merger while it still faces challenges elsewhere. The U.K.'s Competition and Markets Authority cleared the pending acquisition, ruling that a Paramount-Warner tie up does not pose a “substantial lessening of competition” in the country. Meanwhile, Britain's Department for Digital, Culture, Media and Sport said it also wouldn't intervene — on the basis of several “legally-binding commitments” from Paramount related to its footprint in U.K. broadcasting and on-demand entertainment.

Fiserv reported on Aug. 6 adjusted earnings of $1.84 per share for the period ending June 30. That was below consensus estimate of $1.91 per share.

AI darlings Western Digital and Sandisk reported blockbuster results yesterday that showed that demand for data storage is alive and well. So why are earnings down in early trading? Sandisk's first-quarter guidance came in ever so slightly below analyst expectations.

Elon Musk's SpaceX and Tesla will initially invest $16.8 billion to build Terafab, an advanced AI semiconductor complex in Grimes County, Texas, as the ‌companies race to secure the chip capacity that the billionaire has called essential ‌to their future. The facility is intended at narrowing the gap between global chip supply and the more than ​1 terawatt of computing power that SpaceX and Tesla expect to need in the coming years. Future expansion phases could push total investment much higher, SpaceX said in a statement on its website on Thursday, adding that the facility would employ at least 3,000 people.

Shares in Versant Media rose sharply after the CNBC and MS Now owner raised its full-year revenue forecast, on track for their biggest one-day gain since spinning of from Comcast in January. Versant said Thursday that it now expects revenue of between $6.2 billion and $6.45 billion, above analyst estimates of $6.41 billion. The move came as Versant, which also owns platforms such as Rotten Tomatoes and Fandango, reported second-quarter results that beat expectations—through both revenue and profit fell in the period.