The Swedish audio streamer reported a 14% quarterly revenue increase from a year earlier.
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Spotify Technology reached a milestone of 300 million premium subscribers in the second quarter while growing revenue by 14% in the period compared with a year earlier. Spotify added seven million premium subscribers in the second quarter, bringing its total to 300 million and beating the company’s prior guidance by one million. The Swedish audio streamer’s monthly active users grew by 12% year-over-year to 777 million, falling short of the company’s prior guidance by one million.
South Korean retail shareholder platform ACT said on Tuesday it had launched a campaign to call an extraordinary shareholders' meeting at Samsung Electronics, urging the chipmaker to buy back about $32 billion worth of shares and set limits on performance bonuses. ACT said it would begin collecting electronic signatures from shareholders at 5 p.m. local time and seek support from the National Pension Service and domestic and overseas asset managers to meet the 3% ownership threshold required to call the meeting. The move comes after Samsung shares lost over one third of their value since hitting record-highs in June, despite the artificial intelligence boom.
British energy giant BP said Tuesday that its net profit more than doubled in the second quarter as the Middle East war roiled oil and gas markets.Energy majors around the globe are enjoying soaring profits from their trades as oil and gas futures swing between big gains and losses on the latest headlines linked to the Mideast war.
Toyota will launch a ¥1tn ($6.3bn) share buyback as the world’s biggest carmaker raised its annual outlook on the back of the weak yen and strong...
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Vertex raises full-year 2026 revenue guidance to $13.1-$13.2 billion as CASGEVY and JOURNAVX show strong sequential growth, while advancing a robust pipeline and strategic Crinetics acquisition.
Ichor Holdings Ltd (ICHR) reports strong Q2 2026 results with record demand visibility, guiding to 12% sequential revenue growth in Q3 and a clear path to 20% gross margins.
Shares recently jumped 22% after Saudi Prince Alwaleed disclosed a 5% stake; the PIF remains Lucid’s largest shareholder with a 45% position.
Snap Inc (SNAP) delivers strong Q2 with record free cash flow, but faces a Q3 slowdown as World Cup tailwinds fade and infrastructure costs rise.
Circle Internet Group Inc. (NYSE:CRCL) will report earnings for the second quarter before the opening bell on Wednesday. Here is a pre-earnings look at the stablecoin issuer and its stock. Will Circle Beat Earnings Again? Analysts estimate Circle to report earnings per share of $0.19, compared to a loss of $0.43 in the same quarter last year. The issuer of the world’s second-largest stablecoin by market capitalization, USDC (CRYPTO: USDC), is also expected to report revenue of $734.70 million, u
Alex Karp accused AI firms of hoarding customer data to “addict” clients to their models while touting Palantir’s software layer.
On Monday, Palantir Technologies, Inc. (NASDAQ:PLTR) shares surged nearly 15% in after-hours trading as Wall Street commentators praised the AI software company’s blowout second-quarter results and raised outlook. Jim Cramer, Analysts React to Palantir’s Blowout Quarter CNBC’s Jim Cramer took to X and reacted to Palantir’s post-earnings rally on X, saying buyers were "walking up Palantir like the old days," before asking, "But are the old days still viable?" After market buyers walking up Palant
Warren Buffett rarely calls his own investments mistakes. He rarely doubles down on ones he still questions. In a July CNBC interview, he did both at once. Buffett confirmed he personally started Berkshire's Alphabet position, confessed he should have bought years earlier, and flagged the enormous ...
U.S. futures climbed higher on growing optimism stoked by standout earnings from top American companies, looking past geopolitical uncertainty.
Tim Cook left on a high note, but John Ternus might be facing challenges.
Grab (GRAB) delivered earnings and revenue surprises of +500.00% and -0.45%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Palantir’s AI software business delivered a blockbuster quarter, with revenue soaring 93% and shares jumping 14% after hours.
Tesla shares experienced a resurgence on Monday, Aug. 3, as investors accelerated last week's post-earnings rally. But analysts at Stifel Nicolaus, one of the biggest Tesla bulls on Wall Street, are going the opposite way. Since they dipped slightly below the stock's support level at $300, shares ...
Adeia (ADEA) delivered earnings and revenue surprises of +13.33% and +0.04%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
The technology company now expects at least $8.15 billion in full-year revenue; ‘demand for AI sovereignty has now been unleashed.”
Dow Jones Futures: Trump's Iran comments sparked a big stock market rally Monday. Palantir soared on earnings, while SpaceX earnings are due.
For Cat’s second quarter, Wall Street projects earnings per share of $6.22, up from $4.72 a year ago.
Palantir stock rose amid June quarter sales that accelerated for the 12th straight quarter while U.S. commercial growth rebounded.
U.S. stocks jumped and oil prices fell sharply as President Trump signaled a return to diplomacy with Iran.
Palantir Technologies (PLTR) lifted its full-year revenue guidance on Monday after a surge in US com
Market Domination Overtime Host Josh Lipton breaks down Palantir's (PLTR) second-quarter earnings, highlighting across-the-board beats and a stronger full-year guidance outlook as the AI software company continues to exceed Wall Street expectations.
While most of the company’s chip sales are to the car business, its fastest growing segment is to artificial intelligence data centers.
The Ark Invest founder is betting big on SpaceX.