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IREN Ltd (IREN) reports strong AI Cloud growth with $4B in contracted ARR, despite a $684M net loss from mining transition costs.
(Updates with index/price moves and geopolitical news from the first paragraph.) US equity indexe
Wall Street may not get a Jackson Hole rally, after all. The major stock market indexes couldn’t hold onto earlier gains. The Dow Jones Industrial Average was flat. The S&P 500 was down 0.2%. The Nasdaq Composite was down 0.
Walmart tops the biggest IPO returns list, turning $1,000 into $38.9 million. See where SpaceX and Nvidia rank.
Okta shares surged after strong Q2 results and raised guidance, with revenue up 10.6% and analysts lifting price targets, some to $200, as AI-driven demand for identity security boosts growth.
Wood is making another bold bet after a brutal slide
Ulta Beauty posted a clean earnings beat and raised its full year outlook, yet traders punished the stock in heavy Friday volume. Understanding why requires a closer look at the pattern that has haunted this name after nearly every strong report.
Best Buy (BBY) second-half comparable sales guidance pointed to a sequential deceleration in growth,
Both NVIDIA and Palantir crushed earnings, raised guidance, and rode the same AI wave to triple-digit growth. But when two stocks tell the same story from opposite ends of the stack, only one valuation actually holds up.
The Chinese chipmaker posted net profit of 77.6 billion yuan in its first earnings report since going public in July
Treasuries have rallied heading into Kevin Warsh's first Jackson Hole speech as Fed chairman. The bond market typically sells off in the lead-up to the Fed's annual economic policy symposium in Jackson Hole, Wyoming. From 2011 to 2025, 10-year Treasury yields rose 5 basis points or 0.05 percentage points, on average, in the week prior to Jackson Hole, according to Vail Hartman, U.S. rates strategist at BMO.
A forecast of 70% revenue growth next fiscal year broke Nvidia's four-quarter streak of post-earnings stock declines
Shares of Solstice Advanced Materials soared early Friday after the company called off a dramatic acquisition that would have turned the company into even more of an AI play. In early July, Solstice announced a cash and stock deal to buy Element Solutions Element makes products used in semiconductor manufacturing. Together, the companies would supply three legs of the AI value chain: The chips, the data centers, and the power that makes everything work.
Investing.com -- U.S. stock futures slipped slightly Friday morning as investors sifted through a wave of corporate earnings while awaiting remarks from Federal Reserve Chairman Kevin Warsh.
By Lewis Krauskopf NEW YORK, Aug 28 (Reuters) - A fresh look at the U.S. labor market in the coming week along with quarterly results from semiconductor company Broadcom will test a market rally that
Net earnings increased 69.4% to $315m from $186m. Diluted EPS rose 70.1% to $1.48.
Shares were mostly higher Friday in Asia after Nvidia and other technology stocks led an advance on Wall Street. U.S. futures were little changed and oil prices slipped. In Tokyo, the Nikkei 225 climbed 0.8% to 66,682.88, while Hong Kong's Hang Seng added 0.3% to 25,648.40.
The company’s stock soared more than 20% Thursday after it beat expectations in its fiscal second-quarter earnings.
Despite tariff chaos, soaring electronics prices, and deflating consumer sentiment, Best Buy just delivered a strong beat.
HANOI, August 28 (Reuters) - Vietnamese leaders have urged U.S. chip designer Qualcomm and South Korea's Samsung Electronics to expand their investment in artificial intelligence, semiconductors and
Cramer remains bullish on the social media company, saying it’s a buying opportunity despite its recent pullback.
Andrew Graham of Jackson Square Capital explains where the biggest opportunities sit across tech, healthcare, and consumer stocks — and the oversold trigger he watches before putting cash to work.
Affirm Holdings posted stronger-than-expected quarterly results as gross merchandise volume (GMV) jumped 36%, while active consumers and transactions per user also grew.
Today, Aug. 27, 2026, the cloud software giant's stock jumped 22.6% after record quarterly results and lifted fiscal 2027 outlook, sparking broad enthusiasm across enterprise software peers.
Affirm stock rose amid fiscal Q4 earnings that topped estimates while fiscal 2027 guidance for a key e-commerce metric came in above views.
On Aug. 27, 2026, the tech giant reported $96.2 billion in quarterly revenue, up 106% year over year, resetting expectations for AI spending power.
Investing.com -- Shares of Workday fell 5% in extended trading on Thursday as investors looked past a modest quarterly revenue beat and focused on a third-quarter subscription revenue forecast that offered little upside surprise.
Moby summary of Best Buy Co., Inc.'s Q2 2027 earnings call
The software maker’s stock surged earlier this month on speculation it was a takeover target, though no such deal has been announced.
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