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News Powered By AI

AMD Up 155% YTD on Record Revenue, AI Demand

by News Feed Editor | Sep 19, 2026 | Stock Market

AMD reported record second-quarter revenue of $11.5 billion and shares gained 155% year-to-date, driven by strong AI demand and institutional investor interest.

SEI’s Record Revenue, Earnings Fuel Future Growth, Rising Shares

by News Feed Editor | Sep 19, 2026 | Stock Market

SEI Corporation reported second-quarter fiscal 2026 revenue of $641.6 million and adjusted earnings of $1.66 per share, both quarterly records, with shares up 28% year-to-date.

Dollarama raises fiscal 2027 guidance after Q2 sales growth

by News Feed Editor | Sep 18, 2026 | Stock Market

Dollarama raised its fiscal 2027 guidance for Canadian comparable store sales and net new store openings after reporting Q2 sales of C$2.02bn, up 17.6% year-over-year.

Falling Bitcoin Prices Drag Down Products and Mining Revenue for Canaan (CAN)

by News Feed Editor | Sep 18, 2026 | Stock Market

Canaan Inc. reported second quarter revenue of $31.9 million, down sharply from prior-year levels, with a net loss of $97.6 million amid declining bitcoin prices affecting mining equipment demand and revenue.

Earnings Drag and Geopolitical Headwinds Weigh on Lockheed Martin’s (LMT) Performance

by News Feed Editor | Sep 18, 2026 | Stock Market

Lockheed Martin declined 5.99% over the past month as earnings disappointed and geopolitical factors weighed on the defense contractor’s performance, closing at $537.25 per share on September 16, 2026.

Best Buy beats quarterly estimates and hikes its outlook, but stock falls

by News Feed Editor | Sep 18, 2026 | Stock Market

Best Buy reported better-than-expected fiscal second-quarter results and raised its full-year outlook, though its stock fell approximately 7% on the news.

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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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