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Lyft Q2 Earnings Call Highlights
MarketBeat11d agoneutral
Lyft Q2 Earnings Call Highlights

Lyft (NASDAQ:LYFT) reported record second-quarter operating performance, with more than 30 million active riders and 262 million rides, as the company pointed to growth across North American rideshare, bikes, Canada and its European Freenow business. Chief Executive Officer David Risher said the co

Mitek Systems Q3 Earnings Call Highlights
MarketBeat11d agoneutral
Mitek Systems Q3 Earnings Call Highlights

Mitek Systems (NASDAQ:MITK) reported fiscal third-quarter 2026 revenue growth of 18% year over year, supported by record fraud and identity revenue, higher SaaS sales and continued expansion of its Check Fraud Defender consortium network. Total revenue reached $54 million, exceeding the high end of

nLight Q2 Earnings Call Highlights
MarketBeat11d agoneutral
nLight Q2 Earnings Call Highlights

nLight (NASDAQ:LASR) reported record second-quarter revenue and product sales as demand increased across its defense, space and advanced-manufacturing markets, while management said supply-chain constraints involving materials sourced from China are expected to reduce third-quarter shipments. Secon

Bloomberg11d agoneutral
Asia Pacific Share Sales Overcome Volatility to Shatter Records

(Bloomberg) -- Blockbuster share sales from artificial intelligence-related companies in the Asia Pacific led to a record for equity capital markets activity last month, despite weakness in the region’s stock markets.Most Read from BloombergIran Says Agreement on Hormuz Shipping Reached With OmanOpenAI’s New Device Will Be Hockey Puck-Sized and Cost Over $300Iran Wants to Bar US, Israeli Ships From Hormuz in Peace AccordIshbia’s Mortgage Firm Suffers Record Drop on Dividend HaltWhy Do Data Cente

Journal-News, Hamilton, Ohio11d agoneutral
Thomas Gnau: Joby reports stronger quarter, shrinking net loss, generating Blade business revenue

Joby Aviation Inc., which has long-term plans to make electric flying taxis in Dayton and Vandalia, reported stronger quarterly performance, saying its Blade helicopter service business generated $36.2 million in the second quarter of 2026. Still, the company saw a net loss of $245 million. Joby says its electric aircraft is in the fifth and final stage of Federal Aviation Administration ...

Bloomberg11d agoneutral
Chinese AI Chipmakers Poised to Gain From Beijing’s Tech Push

(Bloomberg) -- China’s AI chip designers are expecting bumper sales this earnings season off the back of Beijing’s push to get local firms to use homegrown components and reduce their reliance on American tech.Most Read from BloombergIran Says Agreement on Hormuz Shipping Reached With OmanOpenAI’s New Device Will Be Hockey Puck-Sized and Cost Over $300Iran Wants to Bar US, Israeli Ships From Hormuz in Peace AccordIshbia’s Mortgage Firm Suffers Record Drop on Dividend HaltWhy Do Data Centers Use

Innodata Q2 Earnings Call Highlights
MarketBeat11d agoneutral
Innodata Q2 Earnings Call Highlights

Innodata (NASDAQ:INOD) reported record second-quarter results for 2026, with revenue, adjusted gross profit, adjusted EBITDA and cash reaching new highs as the company continued to expand its work with AI model developers and large technology customers. Revenue for the quarter was $92.1 million, up

Jim Cramer makes bold call on controversial fintech stock
TheStreet11d agoneutral
Jim Cramer makes bold call on controversial fintech stock

Robinhood is one of those stocks that inspires strong opinions in both directions. The retail trading crowd loves it. Institutional investors have historically been suspicious of it. Critics have called it a glorified gambling app. Supporters also argue that it is democratizing finance in ways ...

Bloomberg11d agoneutral
SpaceX Shares Climb After $100 Billion Insider Lockup Expires

(Bloomberg) -- SpaceX shares rose on Thursday as investors digested the release of as many as 911.5 million shares worth about $100 billion from lock-up agreements that had prevented insiders from selling them.Most Read from BloombergIran Says Agreement on Hormuz Shipping Reached With OmanOpenAI’s New Device Will Be Hockey Puck-Sized and Cost Over $300Iran Wants to Bar US, Israeli Ships From Hormuz in Peace AccordIshbia’s Mortgage Firm Suffers Record Drop on Dividend HaltWhy Do Data Centers Use

Reuters11d agoneutral
Firmus nearly doubles valuation to over $10.5 billion in 4 months with Nvidia-backed fundraise

Firmus said on Friday it had raised $2 billion in equity in its ‌latest funding round to speed up the ‌build-out of AI factories in Australia and Asia Pacific, bringing up ​the company's post-money valuation to above $10.5 billion. Here are the details: • The latest funding round saw follow-on participation from Nvidia and tech investor Coatue Management, along with ‌backing from Blackstone's funds ⁠and Jane Street. The raise values Australia-based Firmus post-money above $10.5 billion, nearly double ⁠the $5.5 billion valuation from its earlier round in April.

Meta ordered to pay $567 million in New Mexico for teen mental health fund
Reuters11d agoneutral
Meta ordered to pay $567 million in New Mexico for teen mental health fund

Aug 6 (Reuters) - A New Mexico state court ordered Meta on Thursday to pay $567 million into a teen mental health fund and change how its platforms function for young users after finding the company is to blame for harming children's wellbeing. Judge Bryan Biedscheid in Santa Fe ruled the company had created a public nuisance in ‌New Mexico, siding with Attorney General Raúl Torrez, a Democrat.

Halozyme Therapeutics Q2 Earnings Call Highlights
MarketBeat11d agoneutral
Halozyme Therapeutics Q2 Earnings Call Highlights

Halozyme Therapeutics (NASDAQ:HALO) reported record second-quarter revenue and raised its full-year outlook, citing growth in royalty income from its ENHANZE drug-delivery platform, contributions from newer product launches and revenue from newly signed collaboration agreements. Total revenue rose

Gen Digital Q1 Earnings Call Highlights
MarketBeat11d agoneutral
Gen Digital Q1 Earnings Call Highlights

Gen Digital (NASDAQ:GEN) reported first-quarter fiscal 2027 results that exceeded its guidance, with revenue, bookings and earnings rising at double-digit rates as growth in trust-based solutions complemented continued momentum in its core cyber-safety business. Chief Executive Officer Vincent Pile

Five9 Q2 Earnings Call Highlights
MarketBeat11d agoneutral
Five9 Q2 Earnings Call Highlights

Five9 (NASDAQ:FIVN) reported second-quarter 2026 revenue of $312 million, up 10% from a year earlier and above the high end of its guidance range, as accelerating artificial intelligence revenue helped drive subscription growth. Subscription revenue rose 14% year over year, marking a third consecut

Funko Q2 Earnings Call Highlights
MarketBeat11d agoneutral
Funko Q2 Earnings Call Highlights

Funko (NASDAQ:FNKO) reported higher second-quarter sales, improved profitability and a raised adjusted EBITDA outlook as the collectible-products company said its “Make Culture POP!” strategy is gaining traction across regions, product categories and fan communities. Speaking during a presentation

Bloomberg11d agoneutral
AI Data Center Group Firmus Draws $2 Billion From Coatue, Nvidia

(Bloomberg) -- AI data center company Firmus raised $2 billion in a funding round backed by Coatue Management, Nvidia Corp., Blackstone Inc. vehicles and Jane Street, the company said. Most Read from BloombergIran Says Agreement on Hormuz Shipping Reached With OmanOpenAI’s New Device Will Be Hockey Puck-Sized and Cost Over $300Iran Wants to Bar US, Israeli Ships From Hormuz in Peace AccordIshbia’s Mortgage Firm Suffers Record Drop on Dividend HaltWhy Do Data Centers Use So Much Fresh Water?The i

Bank of America doubles down on SpaceX after earnings
TheStreet11d agoneutral
Bank of America doubles down on SpaceX after earnings

SpaceX (SPCX) stock investors are still reeling from a post-earnings sell-off, digesting a quarter dominated by soaring CapEx and growing questions over cash generation. Before the report, Wall Street was looking for strong headline numbers but remained mostly skeptical of its ability to expand AI, ...

Dayton Daily News, Ohio11d agoneutral
Joby reports stronger quarter, shrinking net loss, generating Blade business revenue

Joby Aviation Inc., which has long-term plans to make electric flying taxis in Dayton and Vandalia, reported stronger quarterly performance, saying its Blade helicopter service business generated $36.2 million in the second quarter of 2026. Still, the company saw a net loss of $245 million. Joby says its electric aircraft is in the fifth and final stage of Federal Aviation Administration ...