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Morgan Stanley resets Amazon stock price target after earnings
TheStreet39d agoneutral
Morgan Stanley resets Amazon stock price target after earnings

Amazon spent years telling Wall Street that AWS could become a few hundred billion dollar revenue business. Then on its last earnings call, management revised that estimate up, significantly. The new figure was $1 trillion. Not as a stretch goal. As what they now believe is a real possibility. ...

Rocket Lab clears 1st hurdle in its biggest satellite deal
TheStreet39d agoneutral
Rocket Lab clears 1st hurdle in its biggest satellite deal

A hiker outside cell range can still send a text for help, thanks to a satellite network most people never think about. Rocket Lab Corp. (RKLB) builds pieces of that network, and on Sunday, Aug. 16, it confirmed that eight satellites it built for MDA Space have reached orbit and begun operating, ...

Q2 Earnings Season Standout Performers: PLTR, MSFT
Zacks39d agoneutral
Q2 Earnings Season Standout Performers: PLTR, MSFT

The Q2 earnings season continues to wind down, which has overall shown immense strength with outsized growth. There have been several standout releases during the Q2 earnings cycle, including those from Palantir (PLTR) and Microsoft (MSFT).

Fabrinet Q4 Earnings Call Highlights
MarketBeat39d agoneutral
Fabrinet Q4 Earnings Call Highlights

Fabrinet (NYSE:FN) reported record fourth-quarter results for fiscal 2026, with revenue rising 45% year over year to $1.316 billion and non-GAAP earnings per share reaching $4.10, above the company’s guidance range. The fiscal fourth quarter ended June 26, 2026. For the full fiscal year, revenue in

Tesla prepares for Cybercab launch in August starting with rides to employees, the Information reports
Reuters40d agoneutral
Tesla prepares for Cybercab launch in August starting with rides to employees, the Information reports

Tesla has told employees it is gearing up for a public launch ‌of Cybercab, starting with a rollout in ‌Austin, Texas, as soon as this month, the Information reported on ​Monday, citing people with knowledge of the plans. Cybercab, a purpose-built autonomous vehicle without pedals or a steering wheel, is crucial to Tesla's robotaxi ambitions, as ‌the company is planning ⁠to eventually deploy the vehicle for its autonomous ride-hailing service. • Tesla has told staff that it plans to begin the Cybercab rollout by ​offering rides ​to its employees on ​public roads and then ‌incorporate Cybercabs into its robotaxi service in Austin a few days later, according to the report.