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Pattern Group Q2 Earnings Call Highlights
MarketBeat10d agoneutral
Pattern Group Q2 Earnings Call Highlights

Pattern Group (NASDAQ:PTRN) reported record second-quarter results, with revenue rising 47% year over year to $877 million and adjusted EBITDA increasing 54% to $54 million. Chief Executive Officer Dave Wright said the company’s adjusted EBITDA growth exceeded revenue growth for the fourth consecuti

Bloomberg10d agobearish
Bezos Cuts Amazon Stake by $350 Million in Year’s First Sale

(Bloomberg) -- Jeff Bezos unloaded almost $350 million in Amazon.com Inc. stock as it hit a record on Monday, his first sale of the company’s shares this year.Most Read from BloombergIran Says Agreement on Hormuz Shipping Reached With OmanSpaceX’s AI Splurge Puts a Damper on First Earnings After IPOTrump Says Iran Talks Going Well as Hopes Rise for Hormuz DealChina’s AI Blitz Creates ‘Death Zone’ for Rival US Model MakersTaco Bell Met With Michigan on Parasite Weeks Before RecallThe transaction,

Dow Weathers Mag 7 Slide, Cruises to Third-Straight Record High
Barrons.com10d agobullish
Dow Weathers Mag 7 Slide, Cruises to Third-Straight Record High

The Dow Jones Industrial Average notched a fresh record for the third day in a row. The Dow rose 0.5% or 263 points while the S&P 500 dropped 0.2%. The Nasdaq Composite fell 0.8%. The divergence in index performance came after some of the market's biggest tech names took a turn during the session, erasing earlier gains.

Big Tech's blowout profits hide an uncomfortable truth
TheStreet10d agoneutral
Big Tech's blowout profits hide an uncomfortable truth

Big Tech just closed out its second-quarter 2026 earnings season, and the results looked, on paper, like a triumph. Microsoft, Amazon, and Alphabet all posted numbers that blew past Wall Street's estimates, and headlines celebrated growth rates that haven't been seen in years. Dig one layer deeper, ...

Amazon (AMZN) Booked a $53.4 Billion Gain, Mostly From Anthropic, While Alphabet (GOOGL) Weighs a $15 Billion Commitment
Insider Monkey10d agoneutral
Amazon (AMZN) Booked a $53.4 Billion Gain, Mostly From Anthropic, While Alphabet (GOOGL) Weighs a $15 Billion Commitment

Amazon.com, Inc. (NASDAQ:AMZN) disclosed on July 30 that its second-quarter net income included $53.4 billion of non-operating pre-tax other income, primarily from its Anthropic investments. Net income reached $62.6 billion. The same day, Reuters relayed a Wall Street Journal report that Alphabet Inc. (NASDAQ:GOOGL) could guarantee billions of dollars of Anthropic’s obligations for a proposed […]