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Berkshire Hathaway Class B shares closed nearly 1% lower Monday despite CEO Greg Abel’s strong debut at the annual meeting and first-quarter operating earnings jumping 18%.
Peloton reported its first annual net profit in fiscal 2026, but shares fell nearly 13% after the company projected sales would decline in the coming year as price increases cycle through.
Airbnb stock surged 9% after reporting second-quarter earnings and revenue that exceeded analyst expectations, with strong third-quarter guidance citing robust demand worldwide.
Taiwan Semiconductor Manufacturing Co. reported July revenue of 467.58 billion New Taiwan dollars, up 44.7% year-on-year, as artificial intelligence chip demand remained robust.
Trump Media reported a second-quarter net loss exceeding $238 million on revenue below $2 million, primarily due to declines in digital assets and cryptocurrency holdings.
CoreWeave shares rose 14% in extended trading after the AI infrastructure provider reported quarterly revenue that doubled year-over-year, driven by accelerating demand for data center chips.
