Technology shares linked to the artificial intelligence boom came under renewed pressure on Thursday, as another wave of corporate earnings prompted investors to take profits from some of the market’s biggest winners. The weakness spread across Asia before carrying into U.
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Energy drink company Celsius (NASDAQ:CELH) missed Wall Street’s revenue expectations in Q2 CY2026, but sales rose 10.6% year on year to $817.9 million. Its non-GAAP profit of $0.36 per share was 13.9% below analysts’ consensus estimates.
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Bloom Energy (BE) is back in focus after a class action lawsuit was filed on July 31, 2026, following a short seller report on its scandium sourcing and a same day stock price decline. See our latest analysis for Bloom Energy. Recent events around Bloom Energy have played out against a backdrop of sharp share price swings, with the stock posting a 7 day share price return of 43.10% but a 30 day share price return down 20.58%. Despite this volatility, the year to date share price return of...
AppLovin Corporation (NASDAQ:APP) shares plunged more than 14% in premarket trading on Thursday after the software company delivered quarterly earnings that exceeded expectations but failed to satisfy investors on revenue growth and forward guidance. For the second quarter ended 30 June, AppLovin reported adjusted earnings per share of $3.
Blue-chip stocks looked set to extend their record-breaking rally on Thursday, as investors continued to rotate away from tech amid concerns about overspending on AI. Dow Jones Industrial Average futures added 168 points, or 0.3%. Nasdaq 100 futures dropped 0.3%.
And he would know. At one point, following its public offering, 95% of Amazon's stock value was wiped out.
Memory and storage companies can't keep up with demand, but investors are starting to worry about what will happen in the next few years when that dynamic shifts.
Investing.com - A selloff in Asian technology shares gathered pace on Thursday, following sharp losses in SpaceX and Advanced Micro Devices that renewed skepticism over the sustainability of returns from the AI investment boom.
Palantir just delivered a monster earnings report.
Aug 5 () - Nutrien missed analysts' estimates for second-quarter profit on Wednesday as lower potash and nitrogen sales volumes offset the benefit of higher fertilizer prices at the world's largest potash producer. Fertilizer producers have benefited from firmer nutrient prices this year, but earnings remain sensitive to shipment volumes, which reflect farmer demand and application activity.
SpaceX's early release-eligible insiders are free to sell up to 911.5 million shares starting today, Aug. 6.
Key Takeaways Jim Cramer said he plans to sell his Bitcoin after IBM CEO Arvind Krishna warned that quantum computing could threaten modern cryptography within ...
German industrial giant Siemens on Thursday raised its profit outlook for the second time this year after a quarter boosted by AI spending, but its shares plunged after the forecast fell short of investors' hopes.But Siemens shares dropped six percent in early Frankfurt trading, with analysts pointing to expectations of higher full-year profits, as well as fears that new AI tools will disrupt Siemens's own software business.
COIN, ALPMY and MUX have been added to the Zacks Rank #5 (Strong Sell) List on August 6th, 2026.
Siemens Aktiengesellschaft (ETR:SIE) reported record third-quarter results for fiscal 2026, supported by strong demand for data center infrastructure, industrial software and automation. The company raised its full-year earnings outlook after orders, revenue, industrial profit and free cash flow all
Secondhand apparel is on track to hit $393 billion by 2030—and brands no longer want eBay and Poshmark collecting all of it.
OpenAI asked a federal judge Wednesday to dismiss Apple's lawsuit accusing the AI giant and two former Apple employees of stealing trade secrets and soliciting confidential information from job candidates.
The division produces electrical and grid equipment and won a number of large contracts from the U.S. and Europe as companies race to build artificial intelligence infrastructure.
Shares were mixed Thursday in Europe and Asia and South Korea’s Kospi dropped more than 4% following declines for some Big Tech giants including memory chipmaker SK Hynix. Oil prices held steady, with Brent crude trading near $79 a barrel. Uncertainty about the direction of the U.S. war with Iran is still overhanging markets despite hopes for a reopening of the Strait of Hormuz.
Fluence Energy slashed guidance due to production delays, but retail traders remained bullish.
SpaceX has shed more than a third of its value in weeks, and every options desk, prediction market, and Reddit thread has locked onto the same number as the moment of truth. Whether institutional buyers show up at that level decides what kind of stock SPCX actually is.
Block's Q2 earnings beat expectations, months after Jack Dorsey's controversial 40% AI-driven layoffs, potentially setting a precedent.
Apple Inc. has asked a U.S. judge to issue a preliminary injunction preventing two former employees and OpenAI from accessing, using, or disclosing alleged confidential information while its trade secrets lawsuit proceeds. Apple asked the court to require former employees...
The provider of a vertically-integrated technology platform for the restaurant sector reported a notable insider sale.
Carvana was once a stock that Wall Street wrote off. In December 2022, shares traded for less than $1 apiece (split-adjusted) after losing almost all their value in a single year. Bankruptcy talk was everywhere. Now the online used vehicle retailer is posting the best numbers in its history. ...
Talen Energy Corporation (TLN) delivered earnings and revenue surprises of -95.00% and -5.75%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?