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Siemens shares plunge on disappointing guidance raise
AFP10d agobearish
Siemens shares plunge on disappointing guidance raise

German industrial giant Siemens on Thursday raised its profit outlook for the second time this year after a quarter boosted by AI spending, but its shares plunged after the forecast fell short of investors' hopes.But Siemens shares dropped six percent in early Frankfurt trading, with analysts pointing to expectations of higher full-year profits, as well as fears that new AI tools will disrupt Siemens's own software business.

Siemens Aktiengesellschaft Q3 Earnings Call Highlights
MarketBeat10d agobearish
Siemens Aktiengesellschaft Q3 Earnings Call Highlights

Siemens Aktiengesellschaft (ETR:SIE) reported record third-quarter results for fiscal 2026, supported by strong demand for data center infrastructure, industrial software and automation. The company raised its full-year earnings outlook after orders, revenue, industrial profit and free cash flow all

OpenAI moves to dismiss Apple's trade secret lawsuit
Axios10d agobearish
OpenAI moves to dismiss Apple's trade secret lawsuit

OpenAI asked a federal judge Wednesday to dismiss Apple's lawsuit accusing the AI giant and two former Apple employees of stealing trade secrets and soliciting confidential information from job candidates.

World shares are mixed and Kospi falls 4.6% after tech giants decline on Wall Street
Associated Press10d agobearish
World shares are mixed and Kospi falls 4.6% after tech giants decline on Wall Street

Shares were mixed Thursday in Europe and Asia and South Korea’s Kospi dropped more than 4% following declines for some Big Tech giants including memory chipmaker SK Hynix. Oil prices held steady, with Brent crude trading near $79 a barrel. Uncertainty about the direction of the U.S. war with Iran is still overhanging markets despite hopes for a reopening of the Strait of Hormuz.

SpaceX Falling to $100: A Clear Line in The Sand
24/7 Wall St.10d agobearish
SpaceX Falling to $100: A Clear Line in The Sand

SpaceX has shed more than a third of its value in weeks, and every options desk, prediction market, and Reddit thread has locked onto the same number as the moment of truth. Whether institutional buyers show up at that level decides what kind of stock SPCX actually is.

Former penny stock nearing bankruptcy reports record profit
TheStreet10d agobearish
Former penny stock nearing bankruptcy reports record profit

Carvana was once a stock that Wall Street wrote off. In December 2022, shares traded for less than $1 apiece (split-adjusted) after losing almost all their value in a single year. Bankruptcy talk was everywhere. Now the online used vehicle retailer is posting the best numbers in its history. ...

Nutrien (NTR) Q2 Earnings Miss Estimates
Zacks10d agobearish
Nutrien (NTR) Q2 Earnings Miss Estimates

Nutrien (NTR) delivered earnings and revenue surprises of -3.33% and +1.31%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Investing.com10d agobearish
Duolingo falls on weak revenue guidance despite Q2 beat

Investing.com -- Duolingo Inc (NASDAQ:DUOL) reported second quarter results that exceeded analyst expectations, but shares tumbled 11.6% in after-hours trading Wednesday following revenue guidance that fell short of Wall Street estimates.

FTAI Infrastructure (NASDAQ:FIP) Misses Q2 CY2026 Revenue Estimates
StockStory10d agobearish
FTAI Infrastructure (NASDAQ:FIP) Misses Q2 CY2026 Revenue Estimates

Infrastructure investment and operations firm FTAI Infrastructure (NASDAQ:FIP) fell short of the market’s revenue expectations in Q2 CY2026, but sales rose 52.7% year on year to $186.8 million. Its GAAP loss of $1.41 per share was significantly below analysts’ consensus estimates.