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Finance News — Page 48

Palantir soars 12% on blowout quarter, with U.S. commercial revenue soaring nearly 150%

Palantir soars 12% on blowout quarter, with U.S. commercial revenue soaring nearly 150%

Palantir's Q2 earnings crushed estimates, sending shares up 12% after the company reported revenue up 93% year-over-year and US commercial revenue nearly tripling from a year ago, despite the stock st

CNBC · 20d ago
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SpaceX Earnings Debut Lands As Stock Hits Low

SpaceX is set to release its first quarterly earnings as a public company on Tuesday, with shares having plunged nearly 30% from their $150 IPO price and hitting a fresh all-time low amid investor anx

Google News Business · 20d ago
Amazon tops $3 trillion as AWS cloud surge fuels record high

Amazon tops $3 trillion as AWS cloud surge fuels record high

Amazon's market capitalization crossed $3 trillion for the first time as shares jumped 4% to a new all-time high following a Q2 earnings beat powered by surging AWS cloud revenue and an aggressive AI-

CNBC · 20d ago
AstraZeneca investors punish firm over reports of $400-billion Bristol Myers pharma deal

AstraZeneca investors punish firm over reports of $400-billion Bristol Myers pharma deal

AstraZeneca shares plunged roughly 9% Monday — the steepest drop since 2020 — as reports surfaced of $400-billion merger talks with Bristol Myers Squibb. Multiple major shareholders publicly questione

Globe and Mail Business · 20d ago
Can Palantir pull off a Microsoft-style comeback? Here's what options say

Can Palantir pull off a Microsoft-style comeback? Here's what options say

Palantir options traders are positioning for a 10.5% post-earnings swing Monday night, with $120 million of $160 million in premium flowing into calls — a setup some compare to Microsoft's pre-earning

CNBC · 20d ago
Palantir Q2 on deck: Options market imply 9.3% swing after earnings (PLTR:NASDAQ) - Seeking Alpha

Palantir Q2 on deck: Options market imply 9.3% swing after earnings (PLTR:NASDAQ) - Seeking Alpha

Palantir heads into its Q2 earnings report with the options market pricing in a 9.3% post-earnings swing, as broader coverage splits between celebrating blowout results and flagging deeper structural

Google News Business · 20d ago
Micron Drops 4% as Chinese Rival CXMT Plans New Plant

Micron Drops 4% as Chinese Rival CXMT Plans New Plant

Micron fell 4% premarket Monday as China's ChangXin Memory Technologies (CXMT) weighs a second Beijing plant to push output past 600,000 wafers a month, while Apple quietly lobbies Washington to keep

Google News Business · 20d ago
Manufacturing survey shows inflation worries 'worse than pandemic era,' adding to Fed pressure

Manufacturing survey shows inflation worries 'worse than pandemic era,' adding to Fed pressure

The ISM's July manufacturing index hit 55.6 — its strongest reading in over four years — but the prices gauge stuck at 71.1 and executives calling pricing volatility worse than Covid have analysts say

CNBC · 20d ago
US manufacturing activity hits more than four-year high; input prices elevated - Reuters

US manufacturing activity hits more than four-year high; input prices elevated - Reuters

US manufacturing activity surged to a more than four-year high in July 2026, with the ISM Manufacturing PMI registering 55.6%, though elevated input prices and inflation worries described as 'worse th

Google News Business · 20d ago
Dow Surges 600 Points Toward Record on Iran De-Escalation

Dow Surges 600 Points Toward Record on Iran De-Escalation

U.S. stocks rallied Monday with the Dow surging 600 points toward a record high on signs of U.S.-Iran war de-escalation, sending oil prices and Treasury yields lower and giving the S&P 500 and Nasdaq

Google News Business · 20d ago
Warsh Floats Cutting Fed Meetings to 6 Per Year

Warsh Floats Cutting Fed Meetings to 6 Per Year

Federal Reserve Chairman Kevin Warsh is weighing whether to cut the central bank's policy meeting schedule from the current eight meetings per year to six rate-setting meetings plus two on broader eco

Axios · 20d ago
Hashdex to liquidate smallest US spot Bitcoin ETF

Hashdex to liquidate smallest US spot Bitcoin ETF

Hashdex will liquidate its eponymous spot Bitcoin ETF (DEFI) — the smallest among US-traded spot BTC ETFs with $14.25 million in net assets — distributing cash to remaining shareholders and selling ro

Cointelegraph · 20d ago
Amazon Crosses $3 Trillion Market Cap on Cloud, AI Rally

Amazon Crosses $3 Trillion Market Cap on Cloud, AI Rally

Amazon's stock surged 4% to an all-time high on Monday, pushing its market cap past $3 trillion for the first time after a better-than-expected Q2 earnings report fueled by strong cloud and AI demand.

Google News Business · 20d ago
Tech Stock Valuation Gap With Market Vanishes

Tech Stock Valuation Gap With Market Vanishes

Multiple financial outlets are flagging a shift in tech stock valuations, noting that the gap between big tech and the broader market has narrowed as investors reassess the sector.

Google News Business · 20d ago
SpaceX First Earnings Report Amid Post-IPO Stock Slide

SpaceX First Earnings Report Amid Post-IPO Stock Slide

SpaceX is set to release its first earnings report as a public company, with multiple outlets flagging the report's tense timing as shares have already plunged since its IPO.

Google News Business · 20d ago
Circle slides after Morgan Stanley downgrade, cut in price target

Circle slides after Morgan Stanley downgrade, cut in price target

Morgan Stanley downgraded Circle Internet to underweight and slashed its price target to $38 from $106, citing slowing USDC growth and rising competition from tokenized cash products and the new Open

CoinDesk · 20d ago
Bernstein: Clarity Act Failure Could Send Crypto Lower Again

Bernstein: Clarity Act Failure Could Send Crypto Lower Again

Bernstein warned that failure to pass the Clarity Act this year would likely trigger another crypto selloff, though the broker expects U.S. regulators to accelerate rulemaking under Project Crypto to

CoinDesk · 20d ago
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Hyperscaler AI Capex to Top $1 Trillion in 2027

Hyperscaler AI capital expenditures are projected to top $1 trillion in 2027 and exceed operating cash flow through 2028, according to Goldman Sachs, as Meta and Alphabet raise spending guidance while

Google News Business · 20d ago
Trumps’ American Bitcoin reports record BTC output, narrower Q2 loss

Trumps’ American Bitcoin reports record BTC output, narrower Q2 loss

American Bitcoin, the Trump family-linked miner co-founded by Eric Trump and Donald Trump Jr., reported record Q2 production of 932 BTC and a narrower net loss while completing a reverse stock split t

Cointelegraph · 20d ago
Sandisk Down 45% as Buy-vs-Switch Debate Heats Up

Sandisk Down 45% as Buy-vs-Switch Debate Heats Up

Sandisk stock has plunged 45% in a month heading into earnings, sparking debate among outlets over whether the battered memory name is now a buy or whether investors should rotate into competitors Mic

Google News Business · 20d ago

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