Category: Latest News
-
SpaceX Set for First Quarterly Results Since IPO as Investors Assess Valuation
SpaceX (NASDAQ:SPCX) is due to publish its quarterly results after the close of trading on Tuesday, marking the company’s first earnings report since its highly anticipated stock market debut. The release is expected to provide investors with a clearer picture of whether the company’s financial performance supports the ambitious growth expectations that accompanied its listing,…
-
Fresenius Medical Care Shares Slide Despite Second-Quarter Earnings Beat
Fresenius Medical Care (NYSE:FMS) shares fell 8.0% to €41.285 during Tuesday’s trading session as investors looked beyond better-than-expected second-quarter results and focused instead on continued weakness in U.S. patient treatment volumes. Although the dialysis provider exceeded analyst forecasts for both revenue and profit, the disappointing treatment trends prompted a sharp sell-off, with the shares opening…
-
Bending Spoons Agrees $1.29 Billion Cash Acquisition of Airtable
Bending Spoons S.p.A. (NASDAQ:BSP) announced on Tuesday that it has reached a definitive agreement to acquire enterprise workflow software company Airtable in an all-cash transaction valued at $1.285 billion. Including outstanding debt, the agreement places Airtable’s total enterprise value at approximately $2.25 billion. First Acquisition Since Nasdaq Debut The acquisition marks Bending Spoons’ first major…
-
ON Semiconductor Shares Jump After Earnings and Outlook Beat Expectations
ON Semiconductor (NASDAQ:ON) shares climbed 7.6% in pre-market trading after the chipmaker reported second-quarter 2026 results that exceeded Wall Street forecasts and issued a stronger-than-expected outlook for the current quarter. The company posted non-GAAP earnings of $0.74 per share, ahead of analyst expectations of $0.71, while revenue reached $1.60 billion, slightly above the consensus estimate…
-
Robinhood Launches Second Venture Fund with Target of Up to $200 Million IPO
Robinhood (NASDAQ:HOOD) is seeking to raise up to $200 million through the U.S. initial public offering of its second private markets investment fund, according to a regulatory filing released on Monday. The new vehicle, Robinhood Ventures Fund II (RVII), plans to offer as many as 8 million shares, including 400,000 shares owned by Robinhood itself.…
-
Palantir Shares Soar After Record Quarter and Major Guidance Upgrade
Palantir Technologies (NASDAQ:PLTR) shares surged 16.1% in pre-market trading after the artificial intelligence and data analytics company reported record second-quarter 2026 results that comfortably surpassed Wall Street expectations. The company generated revenue of $1.94 billion, up 93% from a year earlier and well above analyst forecasts of approximately $1.81 billion. Adjusted earnings came in at…
-
Apple Seeks Court Order Against OpenAI in Expanding Trade Secrets Dispute
Apple (NASDAQ:AAPL) has asked a U.S. federal court to issue a preliminary injunction preventing OpenAI and two former Apple employees from accessing, using or disclosing confidential information as the technology giant pursues its trade secrets lawsuit. The request marks the latest development in Apple’s legal action against OpenAI, which it accuses of misappropriating proprietary information…
-
Oracle Shares Jump 9% as AI Momentum and Google Partnership Boost Sentiment
Oracle (NYSE:ORCL) shares rallied 9.22% on Monday, August 3, extending their recent recovery and lifting the stock’s gain over the past week to 18.25%. The strong advance reflected a combination of improving market sentiment, renewed enthusiasm for artificial intelligence-related technology stocks and company-specific developments that strengthened investor confidence. Improved Risk Appetite Supports Equities A broader…
-
Coca-Cola Europacific Beats First-Half Forecasts Despite Premarket Share Decline
Coca-Cola Europacific Partners PLC (NASDAQ:CCEP) delivered first-half 2026 results ahead of market expectations, driven by higher sales volumes and favourable pricing across its European and Asia-Pacific operations. Despite the earnings beat, the company’s shares fell 3.6% to $104.30 in U.S. premarket trading on Tuesday, even as S&P 500 futures edged about 0.2% higher. Revenue and…
-
Wix.com Shares Rise After Strong Second-Quarter Earnings Beat
Wix.com (NASDAQ:WIX) shares climbed 3.1% in pre-market trading after the website development platform delivered second-quarter 2026 results that comfortably exceeded market expectations. The company reported earnings of $1.59 per share, ahead of analysts’ forecasts of approximately $1.16, while revenue reached $563.1 million, surpassing consensus estimates of around $556 million. Quarterly revenue also increased 15% compared…