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Goldman Sachs' new oil price target sparks wild onchain trading
TheStreet53d agoneutral
Goldman Sachs' new oil price target sparks wild onchain trading

As the U.S.-Iran standoff continues, Goldman Sachs unveiled its price target for Brent crude oil on Aug. 4. The bank said it expects Brent crude to trade in the range of $80-$90 a barrel until there is ​either confirmation of a new nuclear deal or a ‌significant escalation of the conflict, as ...

SpaceX Sends Telecom Providers a Shot Across the Bow
The Wall Street Journal53d agoneutral
SpaceX Sends Telecom Providers a Shot Across the Bow

SpaceX is coming for large U.S. telecom providers. During the company’s first earnings call, SpaceX President Gwynne Shotwell referenced the revenue that AT&T, Verizon Communications and T-Mobile US pull in, and said Starlink would take aim at their subscribers. “I anticipate us to be able to acquire quite a few of their customers because I think our service will be better,” Shotwell said.

Disney exits A+E as media conglomerate Hearst gains full ownership in $1.2 billion deal
Reuters53d agoneutral
Disney exits A+E as media conglomerate Hearst gains full ownership in $1.2 billion deal

Privately held U.S. media conglomerate Hearst on Tuesday struck a deal to acquire ‌Disney's 50% stake in A+E Global Media for about $1.2 ‌billion in cash, giving it full ownership of the television and ​content business. Disney's exit from A+E follows the company's efforts to prioritize streaming and ESPN, even as it evaluates the role of some traditional linear TV assets amid declining cable ‌subscriptions. The transaction ⁠is expected to close in September.

8X8 Q1 Earnings Call Highlights
MarketBeat53d agoneutral
8X8 Q1 Earnings Call Highlights

8X8 (NASDAQ:EGHT) reported a record quarter for service revenue in the first quarter of fiscal 2027, extending its streak of year-over-year revenue growth to five consecutive quarters. The company exceeded its guidance ranges for service revenue, total revenue, non-GAAP operating margin and operatin

Booking Q2 Earnings Call Highlights
MarketBeat53d agoneutral
Booking Q2 Earnings Call Highlights

Booking (NASDAQ:BKNG) said its second-quarter results exceeded the high end of its guidance across room nights, gross bookings, revenue and adjusted EBITDA, as domestic and intraregional travel demand helped offset continued pressure on long-haul international travel. President and CEO Glenn Fogel

Atomera Q2 Earnings Call Highlights
MarketBeat53d agoneutral
Atomera Q2 Earnings Call Highlights

Atomera (NASDAQ:ATOM) reported second-quarter revenue of $158,000, primarily from fees for wafer deliveries to its large integrated device manufacturer customer, while management highlighted progress in Gate-All-Around logic, memory, radio-frequency silicon and gallium nitride applications. The com

Advanced Micro Devices Q2 Earnings Call Highlights
MarketBeat53d agoneutral
Advanced Micro Devices Q2 Earnings Call Highlights

Advanced Micro Devices (NASDAQ:AMD) reported record second-quarter revenue and profitability, driven by growth in its data center, client and embedded businesses as demand increased for EPYC server processors and Instinct AI accelerators. Revenue rose 50% year over year and 13% sequentially to $11.