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IonQ posted record quarterly revenue of $80.1 million, up 287% year-over-year, but shares remain down significantly as operating losses and cash burn accelerate despite business growth.
Bit Digital stock rose 2.05% despite reporting a $107.2 million net loss in the second quarter, as investors focused on operating improvements and revenue growth rather than headline losses.
Restaurant Brands International topped earnings expectations on strong Burger King growth, though shares fell over 1% as other chains struggled with softer sales.
Warner Bros. Discovery reported that its streaming segment surpassed $3 billion in revenue, a 10% increase year-over-year, as the company awaits trial over its proposed merger with Paramount.
Airbnb stock surged 9% after reporting second-quarter earnings and revenue that exceeded analyst expectations, with the company projecting stronger-than-anticipated third-quarter guidance.
South Korea’s stock market surged 3.5% overnight, with memory chip stocks like SK Hynix and Samsung rising on AI demand, while mixed premarket action preceded US trading.
