
A unanimous 3-judge panel ruled that UMB Bank had standing to represent former Celgene shareholders despite a procedural error in its appointment
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A unanimous 3-judge panel ruled that UMB Bank had standing to represent former Celgene shareholders despite a procedural error in its appointment
Super Micro shares jump as $60 billion AI backlog powers stock rally

Strategic revenue surged 38% as Vector hit $1B run rate ahead of schedule.

Both earnings and revenue growth were the highest since 2021.
Record AI orders lifted Cisco's outlook, but shrinking gross margins exposed the cost of its hardware-heavy growth.

Pop star Selena Gomez is being accused of fraud by investors who claim she failed to deliver on promises to leverage her global celebrity and social-media following to promote her mental-health startup, which collapsed last year.

Nvidia-backed CoreWeave (CRWV) stock entered another earnings season with Wall Street looking for another quarter marred by heavy CapEx and losses. Analysts were looking at $2.56 billion in sales with an adjusted loss of $1.41 per share. Instead, CoreWeave delivered another sizeable double beat, ...

Investors believe Anthropic could target an IPO valuation north of $2 trillion, according to the Financial Times.

Cerebras is getting crushed after earnings while nearly every other AI chip and infrastructure name surges to fresh highs. What one company's bad day reveals about where this trade is actually headed matters more than the headline loss.

The billionaire investor’s portfolio has trailed the broader market since he took the fund, Pershing Square USA, and his firm public in April.

By Jonathan Stempel NEW YORK, Aug 13 (Reuters) - A U.S. federal appeals court said a judge erred in dismissing a $6.7 billion lawsuit accusing Bristol Myers Squibb of cheating former Celgene

Senator Elizabeth Warren (D-Mass) on Tuesday accused Belgium’s diamond industry of buying favor with President Donald Trump, citing a $1 million gold ring and a tariff exemption that followed weeks later. A Ring, a Tariff Reversal, and 27 Days Warren,...

Moby summary of Bit Digital, Inc.'s Q2 2026 earnings call

For years, Google had a problem that even its dominance of internet search couldn't solve: Apple owned the relationship with hundreds of millions of valuable consumers through the devices they carried every day. Alphabet's (GOOGL) Google is making another attempt to close that gap, and its new ...

Moby summary of Brookfield Corporation's Q2 2026 earnings call

ROST is poised for Q2 growth as value-driven demand, store expansion and stronger execution support sales and earnings.

Two optics companies beat earnings estimates and watched their stocks crater while rivals selling into the exact same AI demand surge went flying in the opposite direction. The divergence comes down to something buried in the cash flow disclosures that most headlines missed.

Peter Thiel-backed crypto exchange Bullish reported a $280 million net loss for the second quarter of 2026, reversing a $108.3 million profit in the same period a year earlier. Despite the loss, investors sent Bullish shares sharply higher after the market opened on Thursday. The stock was up 11.7% ...

Moby summary of Telesat Corporation's Q2 2026 earnings call

Over the past six months, McDonald’s stock price fell to $273.75. Shareholders have lost 15.3% of their capital, which is disappointing considering the S&P 500 has climbed by 11.7%. This might have investors contemplating their next move.

The introduction of pumpkin-spice lattes to menus means the end of summer is approaching, along with positive vibes

Legence LGN (NASDAQ:LGN) reported record second-quarter results as demand for mission-critical building systems remained strong, led by data centers and technology projects, while the company raised its full-year revenue and adjusted EBITDA outlook. Revenue for the second quarter of 2026 totaled $1

JD.com (NASDAQ:JD) reported a 2.9% year-over-year decline in second-quarter revenue to RMB 346 billion, as sales of electronics and home appliances faced comparisons against a high prior-year base and pressure from rising upstream component costs. Despite the revenue decline, the company reported st

Record $5.8M revenue surged 470% YoY as military contracts accelerated.

Moby summary of Advanced Flower Capital Inc.'s Q2 2026 earnings call

Alphabet's Google launched Gemini 3.7 Flash on Thursday, its latest AI model designed for software coding and automated business tasks, but offered no details on when its flagship Pro model will be released. Investors have been closely watching for Gemini 3.5 Pro, Google's premium model, as a test of whether its DeepMind AI unit can keep pace with rivals Anthropic and OpenAI. Google had said in July Gemini 3.5 Pro was being tested with partners and would be coming "soon".

Moby summary of Applied Industrial Technologies, Inc.'s Q4 2026 earnings call

Moby summary of LENSAR, Inc.'s Q2 2026 earnings call
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