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Kratos Defense shares soar after earnings beat and stronger full-year outlook
Kratos Defense & Security (NASDAQ:KTOS) shares jumped 7.8% in pre-market trading after the defense technology company reported second-quarter 2026 results that comfortably exceeded Wall Street expectations and raised its growth outlook for the full year. The company posted adjusted earnings of $0.21 per share, well above the analyst consensus of $0.13, while revenue reached $458.8…
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Coupang shares slide after revenue miss and cautious outlook disappoint investors
Coupang (NYSE:CPNG) shares fell 5.3% in pre-market trading after the South Korean e-commerce company released second-quarter 2026 results that fell short of revenue expectations and issued guidance pointing to continued pressure on profit margins. The company reported quarterly revenue of $8.9 billion, approximately $170 million below analyst forecasts. Revenue still increased 4% year over year…
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Samsung and SK Hynix evaluate Chinese chip equipment as U.S. restrictions remain a concern
Samsung Electronics (USOTC:SSNHZ) and SK Hynix (NASDAQ:SKHY) have been testing semiconductor manufacturing equipment supplied by China’s Advanced Micro-Fabrication Equipment (AMEC) at their production facilities in China, according to a Reuters report citing sources familiar with the matter. Shares of both South Korean chipmakers moved higher following the report, with SK Hynix rising 4.9% and Samsung…
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Novo Nordisk shares fall despite improved outlook as Wegovy sales disappoint
Novo Nordisk (NYSE:NVO) raised its full-year guidance after reporting continued demand for its weight-loss treatments, but weaker-than-expected sales of its oral Wegovy medication and disappointing clinical trial results for a next-generation obesity therapy weighed heavily on investor sentiment. The company’s shares dropped 6% during US trading on Tuesday, while its Copenhagen-listed stock declined 4.2% after…
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Upstart shares surge after company returns to GAAP profitability
Upstart (NASDAQ:UPST) shares climbed 12.2% in pre-market trading after the AI-powered lending platform reported its strongest quarterly performance in several years, achieving its first GAAP profit since late 2021 and comfortably outperforming market expectations on revenue and loan originations. The results, released after Tuesday’s closing bell, triggered a sharp rally in after-hours trading that continued…
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Booking Holdings tops second-quarter forecasts as travel demand stays resilient
Booking Holdings (NASDAQ:BKNG) reported second-quarter results that surpassed analyst expectations, driven by steady global travel demand and solid growth across its platform. The stronger-than-expected performance sent the company’s shares more than 5% higher in pre-market trading on Wednesday. The online travel group posted adjusted earnings of $2.54 per share, exceeding Wall Street forecasts of $2.44…
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SpaceX lock-up expiry set to become the next major test for shareholders
Attention is shifting to SpaceX (NASDAQ:SPCX) as the company’s first post-IPO lock-up period expires on Thursday, allowing as many as 912 million shares owned by employees, early investors and other pre-listing stakeholders to become eligible for sale. The event follows the company’s first earnings report as a public company and is expected to provide fresh…
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Pinterest shares tumble despite earnings beat as outlook disappoints investors
Pinterest (NYSE:PINS) shares dropped 9.0% in pre-market trading after the social media platform released quarterly results that exceeded expectations but issued forward guidance that failed to meet investors’ hopes. For the second quarter of 2026, Pinterest reported revenue of $1.18 billion and adjusted earnings per share of $0.43, outperforming Wall Street forecasts of $1.15 billion…
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AMD shares retreat despite record revenue and upbeat outlook
Advanced Micro Devices (NASDAQ:AMD) shares fell 7.3% in pre-market trading after investors looked beyond another quarter of record revenue and stronger-than-expected guidance, focusing instead on weaker gross margins, rising capital expenditure and the loss of a major AI customer. The semiconductor company reported second-quarter 2026 revenue of $11.54 billion, a 50% increase from a year…
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SpaceX posts surging revenue in first results as public company, driven by Starlink and AI
SpaceX (NASDAQ:SPCX) almost doubled its revenue in its first quarterly earnings report since becoming a publicly traded company, as rapid expansion across its Starlink satellite network and artificial intelligence businesses fuelled growth. However, management also made clear that the company’s aggressive investment programme is set to continue. The Elon Musk-led group said it expects to…