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First Solar (FSLR) Beats Q2 Earnings Estimates
Zacks17d agobullish
First Solar (FSLR) Beats Q2 Earnings Estimates

First Solar (FSLR) delivered earnings and revenue surprises of +43.07% and -0.44%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Investing.com17d agobullish
Reddit shares slide despite strong Q2 beat and upbeat guidance

Investing.com -- Reddit Inc (NYSE:RDDT) reported second-quarter financial results that comfortably surpassed Wall Street expectations across top and bottom lines, though the social media platform saw its stock pull back in after-hours trading following a rapid run-up into the print. Shares dropped 7.7% late Thursday despite the company logging its eighth consecutive quarter of revenue growth above 60% and issuing robust guidance for the upcoming period. For the three months ended June 30, total

Investing.com17d agobullish
Amazon tops Q2 revenue estimates as AWS growth surges, shares rally

Investing.com --Amazon beat Wall Street estimates for second-quarter revenue on Thursday as accelerating growth in its cloud computing business helped offset continued heavy spending on artificial intelligence, sending its shares rallying nearly 10% in after-market hours. but its third-quarter sales forecast came in below analysts’ expectations.

Bank of America to buy UK's MDSec Consulting to bolster cyber defenses
Reuters17d agobullish
Bank of America to buy UK's MDSec Consulting to bolster cyber defenses

Bank of America said on Thursday it plans to acquire ‌information security firm MDSec Consulting Ltd, ‌as it bolsters its capabilities against cyber attacks. The ​deal is expected to be completed during the fourth quarter of 2026 following regulatory approval, the second-biggest U.S. lender said in a ‌statement. Companies worldwide are grappling with a surge in ⁠AI-driven cyberattacks and ransomware that steal sensitive data and disrupt operations.

Amazon revenue soars as AI investments pay off
Axios17d agobullish
Amazon revenue soars as AI investments pay off

Amazon's AI cloud business soared in the second quarter, driving far higher revenue than expected, though the company's free cash flow also turned negative as it invests heavily in the business.

Amazon beats estimates for quarterly cloud revenue growth
Reuters17d agobullish
Amazon beats estimates for quarterly cloud revenue growth

Amazon.com topped market expectations for quarterly cloud revenue growth on Thursday on the back of surging enterprise AI spending, signaling the company's hefty investments ‌were bearing fruit. Revenue at its cloud computing unit, Amazon Web Services, jumped 37% ‌to $42.2 billion in the second quarter ended June 30, compared with analysts' consensus estimate of a 31.21% increase, according to ​data compiled by LSEG. Amazon said it burned $7.6 billion of cash on a trailing twelve months basis in the second quarter, compared to $18.2 billion in free cash flow a year earlier.

The Big Flaw in the Stock Market's Tech-Driven Rally Today
Barrons.com17d agobullish
The Big Flaw in the Stock Market's Tech-Driven Rally Today

The Nasdaq Composite led gains, up 2.8%, while the S&P 500 rose 1.7%. "Typical snap back day after an exagerated Fed Day move," Carson Group's chief strategist Ryan Detrick said, nodding to tech leading gains. Tech stocks were more than pulling their weight, leading the climb higher.

Microsoft Stock Surge Could Add a Record Amount of Market Cap Today
The Wall Street Journal17d agobullish
Microsoft Stock Surge Could Add a Record Amount of Market Cap Today

Microsoft is on course to add nearly $500 billion in market cap today after a 17% stock surge that would be its sharpest gain since 2008. In afternoon trading, the tech giant had added $484 billion in market cap, which would be the largest one-day gain in market value for any U.S. company on record, according to Dow Jones Market Data. The record is currently held by Nvidia, which added $440 billion in market cap on April 9, 2025.