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How Spotify’s Profit Surge and 300 Million Subs Milestone Will Impact Spotify Technology (SPOT) Investors
Simply Wall St.15d agobullish
How Spotify’s Profit Surge and 300 Million Subs Milestone Will Impact Spotify Technology (SPOT) Investors

Spotify Technology S.A. has reported its second-quarter 2026 results, lifting revenue to €4.78 billion and turning last year’s net loss into €545 million in net income, while also issuing third-quarter guidance that includes expected revenue of about €5.00 billion, operating income of €670 million and a projected gross margin of 32.9%. The company crossed a historic threshold of 300 million Premium subscribers and highlighted new AI-powered personalization features plus a Merlin licensing...

Why Are Reddit (RDDT) Shares Soaring Today
StockStory15d agobullish
Why Are Reddit (RDDT) Shares Soaring Today

Shares of online community and discussion platform Reddit (NYSE:RDDT) jumped 11% in the afternoon session after investors revisited the company's strong second-quarter earnings results, prompting a rebound from a recent sell-off. The stock had previously fallen more than 20% after the earnings release, despite the company beating estimates. That drop was fueled by investor fears over "choppy" search referral traffic from Google and the absence of new AI data licensing deals. However, the underly

What's Driving Today's Record-Setting Rally?
Barrons.com15d agobullish
What's Driving Today's Record-Setting Rally?

Take your pick between the prospect of a U.S.-Iran peace deal, strong earnings, and a reignited AI trade as reasons the market is on the rise. The Nasdaq Composite was up 2.6%. The Trump administration has been vocal about talks it says are ongoing with Iran.

Best Buy (BBY) Appoints Anne Bramman As CFO For Its Next Growth Push
Simply Wall St.15d agobullish
Best Buy (BBY) Appoints Anne Bramman As CFO For Its Next Growth Push

Best Buy (NYSE:BBY) has appointed Anne Bramman as Chief Financial Officer and Executive Vice President. Bramman is scheduled to assume the role on August 19, 2026. She brings experience from senior finance and analytics roles at Nordstrom, Circana, Avery Dennison, and Carnival Cruise Line. Best Buy enters this leadership change with its stock at $85.25 and a mixed performance profile. The share price is up 23.2% year to date and 34.4% over the past year, while the 5 year return is down...

Buy Western Digital (WDC) Stock as Q4 Earnings Approach?
Zacks15d agobullish
Buy Western Digital (WDC) Stock as Q4 Earnings Approach?

Western Digital will report results for its fiscal fourth quarter after the closing bell on Wednesday, August 5, giving investors another important read on enterprise storage demand and the ongoing AI infrastructure buildout.

Why Are Robinhood (HOOD) Shares Soaring Today
StockStory15d agobullish
Why Are Robinhood (HOOD) Shares Soaring Today

Shares of financial services company Robinhood (NASDAQ:HOOD) jumped 5.3% in the afternoon session after the company secured regulatory approval to offer cryptocurrency services in the United Kingdom and reported strong second-quarter financial results. Robinhood received authorization from the U.K.'s Financial Conduct Authority (FCA), a move that positions it for international expansion. This news followed a strong financial report for the second quarter of 2026, where revenue jumped 32.25% year