ADVFN US – Market Content Editor
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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…
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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.…
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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…
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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…
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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…
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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…
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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…
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Prologis Strikes Deal to Acquire Segro in £14.3 Billion Logistics Property Merger
Prologis (NYSE:PLD) has reached an agreement to acquire Segro Plc (LSE:SGRO) in a transaction worth approximately £14.3 billion, combining two of the world’s largest industrial property owners. Once completed, the enlarged business will oversee around $269 billion of logistics real estate assets, significantly increasing Prologis’ scale across Europe. Share-Based Offer Includes Optional Cash Element The…
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Gold Holds Firm as Traders Await U.S. Employment Data and Monitor Middle East Developments
Gold prices traded slightly higher on Tuesday as investors remained focused on a busy week of U.S. labour market reports while continuing to monitor geopolitical tensions in the Middle East and their potential impact on inflation and Federal Reserve policy. At 02:06 ET (06:06 GMT), spot gold (XAU/USD) gained 0.1% to $4,058.99 per ounce, while…
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Oil Prices Recover as Uncertainty Over U.S.-Iran Talks Supports Crude
Oil prices rebounded by more than 1% on Tuesday after suffering steep losses in the previous session, as contradictory comments from Washington and Tehran reignited concerns that tensions in the Middle East could continue to disrupt global crude supplies. As of 00:34 ET (04:34 GMT), Brent crude futures for October delivery climbed 1.4% to $84.94…