Revenue surges 62.3% year-over-year to $9.3 million, with bookings hitting $15.1 million and full-year growth outlook raised to 25%-30%.
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Sandisk beat Wall Street's targets for its fiscal fourth quarter, but it disappointed with an in-line outlook. Sandisk stock fell.
Wall Street was looking for earnings per share of $3.20 from sales of $1.6 billion, up from a comparable EPS of 11 cents and sales of $1.3 billion in the second quarter of 2025. Things are a lot better year over year because commodity prices are up. Through Wednesday trading, Albemarle stock was down 16% year to date and up 74% over the past 12 months.
The online marketplace reported higher revenue of $3.13 billion, and now expects gross merchandise volume to grow between 11.5% and 12.5% in 2026.
CDW Corp (CDW) posts all-time quarterly records in net sales and non-GAAP EPS, fueled by strong AI infrastructure demand and robust segment growth.
Shopify Inc (SHOP) delivers exceptional Q2 2026 results with record GMV, robust AI adoption, and strong enterprise momentum, despite margin dilution from mix shift.
Brookfield Asset Management (NYSE:BAM) reported second-quarter fee-related earnings of $808 million, or $0.50 per share, up 20% from a year earlier, as the alternative asset manager posted its strongest fundraising quarter on record and highlighted growing activity in AI infrastructure, credit and r
Amprius Technologies (NYSE:AMPX) reported record second-quarter revenue and raised its 2026 outlook for the second consecutive quarter, citing demand for its silicon-anode lithium-ion batteries in military and commercial drones, electric mobility and other emerging applications. Revenue for the sec
Eos Energy Enterprises Inc (EOSE) reports 351% revenue growth and major partnerships, while navigating manufacturing consolidation and margin pressures.
Disney posts 21% segment operating income growth, driven by record parks performance and a 13% SVOD margin, while navigating international softness and film volatility.
IonQ stock after the quantum computing firm reported a smaller-than-expected Q2 loss while revenue topped Wall Street estimates.
Kyndryl Holdings Inc (KD) reports 5% US revenue growth and 14% consult growth, while navigating persistent IBM-related revenue declines and workforce rebalancing charges.
Amprius Technologies Inc (AMPX) posts record Q2 revenue of $34 million, raises full-year guidance, and expands NDAA-compliant manufacturing capacity.
By Jamie McGeever ORLANDO, Florida, Aug 3 (Reuters) - Solid corporate earnings and optimism around a peace deal in the Middle East pushed world stocks to new highs on Wednesday, although momentum
Galaxy Digital Inc (GLXY) reports strong data center progress and strategic partnerships, offsetting a GAAP net loss driven by digital asset depreciation.
Owens-Corning Inc (OC) delivered robust Q2 results with $2.8 billion revenue and a 24% EBITDA margin, while navigating cost inflation and strategic investments.
Digital-only subscriptions to The Wall Street Journal averaged nearly 4.5 million in the quarter, compared to 4.33 million in the prior quarter.
Moby summary of Zimmer Biomet Holdings, Inc.'s Q2 2026 earnings call
Moby summary of One Stop Systems, Inc.'s Q2 2026 earnings call
Kraft Heinz narrows market share losses to 30 bps, boosts marketing spend by $100 million, and positions 2026 as the margin trough year amid improving consumption trends.
Moby summary of Avnet, Inc.'s Q4 2026 earnings call
IonQ posts second-quarter earnings just days after the quantum computing company closed a major acquisition.
Western Digital forecast quarterly revenue slightly above Wall Street estimates on Wednesday, betting on strong AI-driven demand for its hard disk drives. Still, its shares dropped more than 9% in extended trading, after the forecast failed to impress investors even though the stock has tripled this year on expectations of sustained AI-driven growth. Memory and storage stocks have soared this year as investors bet data-center demand will support pricing and fuel growth across the industry.
Shares of ad-technology platform AppLovin fell sharply after it reported soft second-quarter earnings on Wednesday afternoon. AppLovin stock was down 21% in after-hours trading. Sales came in at $1.92 billion, just shy of the $1.94 billion expected by Wall Street and up 53% since last year.
The maker of Kraft Mac & Cheese plans to increase marketing spending to at least 6% of net sales, leaning on partnerships with the NFL and Disney and new campaigns as it tries to reverse a U.S. sales slump. “There’s nothing like putting a princess on a package that really gets young people excited,” says Steve Cahillane, CEO of Kraft Heinz, which said Wednesday it plans to spend an extra $100 million to catch more Americans' attention. Kraft Heinz said its marketing push is helping sales, though net sales still slipped 1.4% in the second quarter.
Block raised its full-year guidance and reported higher second-quarter revenue as growth in its commerce and financial solutions businesses helped to offset declines in Bitcoin.
Improved guidance did not resolve investor concern about declining volume, rising investment and persistent inflation.
Investing.com -- Western Digital Corporation reported fourth quarter earnings per share of $3.56 on Wednesday, beating analyst expectations of $3.29 by $0.27. The data storage company posted revenue of $3.75 billion for the quarter, above the consensus estimate of $3.69 billion.
Investing.com -- AppLovin Corporation (NASDAQ: APP) saw its shares crater 20% after delivering second-quarter results that proved sky-high profit growth isn’t always enough for Wall Street. Despite surging year-over-year earnings, the marketing software titan missed sales targets and issued a lukewarm forecast for the quarter ahead.
Sports betting and online gaming giant DraftKings Inc (NASDAQ:DKNG) looks to turn things around when the company reports second-quarter financial results Thursday after market close. Here are the earnings estimates, analyst ratings and key items to watch. DraftKings Q2 Earnings...