News Powered By AI
News Powered By AI
Seagate Technology’s shares rallied following fourth-quarter results that beat expectations, with revenue up 49% year-over-year driven by strong cloud data center demand and robust earnings growth.
SpaceX’s stock has lost over $500 billion in market value since its June 12 IPO, setting a tense backdrop for the company’s first earnings report as a public company.
Amazon’s stock reached an all-time high Monday, pushing its market capitalization above $3 trillion following strong second-quarter earnings driven by cloud and artificial intelligence growth.
Palantir reported second-quarter earnings that exceeded estimates, with U.S. commercial revenue surging 149% year-over-year. The stock climbed 12% following the announcement.
Amazon raised its 2026 capital expenditure forecast to $220 billion, citing elevated memory costs and surging AI demand, as cloud revenue grew 37% year-over-year during the second quarter.
Universal and Imax extended 70 mm screenings of Christopher Nolan’s “The Odyssey” into mid-September due to surging demand, with tickets selling out weeks in advance across limited theater locations.
