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Lyft (LYFT) Misses Q2 Earnings Estimates
Zacks50d agobearish
Lyft (LYFT) Misses Q2 Earnings Estimates

Lyft (LYFT) delivered earnings and revenue surprises of -25.64% and +1.73%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Former Starbucks CEO Howard Schultz Sells His Hawaii Home for $36 Million
The Wall Street Journal50d 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.

Shares of Memory Giants Drop on Soft Guidance
The Wall Street Journal50d 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%.

Fiserv cuts 2026 outlook as Q2 earnings, revenue miss estimates
Proactive50d agobearish
Fiserv cuts 2026 outlook as Q2 earnings, revenue miss estimates

Fiserv Inc (NYSE:FI) shares fell more than 3% on Thursday after the payments and financial technology company lowered its 2026 outlook, while second quarter adjusted earnings and revenue came in below Wall Street expectations. Fiserv now expects full-year 2026 organic revenue to be between a...

AppLovin Stock Plunges To 52-Week Low After Earnings. Here's What Wall Street Is Saying.
Investor's Business Daily50d agobearish
AppLovin Stock Plunges To 52-Week Low After Earnings. Here's What Wall Street Is Saying.

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.

Space Company Redwire Taps SpaceX ‘Starfall’ Vehicle for Pharma Mission
The Wall Street Journal50d agobearish
Space Company Redwire Taps SpaceX ‘Starfall’ Vehicle for Pharma Mission

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.

Sandisk, Western Digital Stocks Slump
The Wall Street Journal50d agobearish
Sandisk, Western Digital Stocks Slump

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.