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News Powered By AI

SoftBank gets $8.2 billion boost from Intel as OpenAI takes a backseat

by News Feed Editor | Aug 9, 2026 | Stock Market

SoftBank reported fiscal first quarter profits beating expectations, driven by a $8.2 billion gain from Intel shares, while its Vision Fund saw minimal OpenAI gains despite prior quarter’s $20 billion boost.

Rheinmetall stock volatile after trimming guidance as Germany’s F126 warship cancellation hits sales outlook

by News Feed Editor | Aug 9, 2026 | Stock Market

Rheinmetall trimmed its 2026 sales guidance by 300 million euros after Germany cancelled an F126 warship program, though first-half sales and profits surged significantly.

Nintendo’s fiscal first-quarter profit and revenue beat estimates, despite Switch 2 sales slump

by News Feed Editor | Aug 9, 2026 | Stock Market

Nintendo beat profit and revenue estimates in its fiscal first quarter despite Switch 2 hardware sales declining 34.4% year-over-year to 3.82 million units.

Strawberry Fields REIT Q2 Earnings Call Highlights

by News Feed Editor | Aug 9, 2026 | Stock Market

Strawberry Fields REIT reported 100% rent collection in Q2 2026 with 142 facilities and announced a $10.4 million Missouri acquisition, while evaluating over $225 million in additional deals.

OTC Markets Group Q2 Earnings Call Highlights

by News Feed Editor | Aug 9, 2026 | Stock Market

OTC Markets Group reported record second-quarter results with gross and net revenue rising 14%, operating income climbing 19% to $10.5 million, and diluted GAAP EPS growing 18% to $0.71.

Unusual Machines Q2 Earnings Call Highlights

by News Feed Editor | Aug 9, 2026 | Stock Market

Unusual Machines reported Q2 revenue surging 687% year-over-year to $16.7 million, with enterprise customers representing 95% of sales, though the company posted a $7.8 million net loss.

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RocketNews is a news aggregator covering top stories from around the globe across 17 categories. Stories are gathered from leading news organizations — including the BBC, The Guardian, the Associated Press, NPR, Al Jazeera, and respected industry publications — along with government sources and official releases. Each story is presented without advertising as an original summary produced with Claude AI, with attribution and a link to the original reporting at the source. RocketNews also publishes featured articles from contributing writers. Story selection and summaries are automated.

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