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Former Starbucks CEO Howard Schultz Sells His Hawaii Home for $36 Million
The Wall Street Journal9d agobearish
Former Starbucks CEO Howard Schultz Sells His Hawaii Home for $36 Million

THE DEAL: After relocating from the Seattle area to Florida, billionaire Howard Schultz, the former chairman and chief executive of Starbucks has sold his house in Hawaii’s affluent Hualālai Resort community for $36 million in an off-market deal. THE BUYER: The buyer is upsizing from a smaller house in the wealthy Big Island community to accommodate a growing family, said listing agent Robert Kildow of Hualālai Realty. Kildow declined to identify the buyer, who agreed to buy the house over FaceTime, he said.

Shares of Memory Giants Drop on Soft Guidance
The Wall Street Journal9d agobearish
Shares of Memory Giants Drop on Soft Guidance

Shares of AI darlings Western Digital and Sandisk fell. Sandisk’s forward guidance was slightly below previous analyst estimates, while Western Digital’s outlook was in-line with expectations. Western Digital declined 13%, while Sandisk dropped 7%.

Fiserv cuts 2026 outlook as Q2 earnings, revenue miss estimates
Proactive9d agobearish
Fiserv cuts 2026 outlook as Q2 earnings, revenue miss estimates

Fiserv Inc (NYSE:FI) shares fell more than 3% on Thursday after the payments and financial technology company lowered its 2026 outlook, while second quarter adjusted earnings and revenue came in below Wall Street expectations. Fiserv now expects full-year 2026 organic revenue to be between a...

AppLovin Stock Plunges To 52-Week Low After Earnings. Here's What Wall Street Is Saying.
Investor's Business Daily9d agobearish
AppLovin Stock Plunges To 52-Week Low After Earnings. Here's What Wall Street Is Saying.

AppLovin stock is taking another big hit Thursday after a letdown from its Q2 results. Analysts mostly stuck by bullish views of the stock after the report, but cut their price targets on a stock that was a Wall Street darling in 2024 and 2025. AppLovin stock dropped roughly 20% to 336.28  in recent action on the stock market today.

Space Company Redwire Taps SpaceX ‘Starfall’ Vehicle for Pharma Mission
The Wall Street Journal9d agobearish
Space Company Redwire Taps SpaceX ‘Starfall’ Vehicle for Pharma Mission

Investors are focused on SpaceX’s massive Starship rocket. Space-and-defense company Redwire said it had agreed to send its orbital pharma technology to low-Earth orbit on SpaceX’s Starfall spacecraft, a vehicle that hasn’t flown yet. SpaceX hasn’t said much about Starfall, but has submitted plans to federal regulators that describe it as a cylindrical capsule 2.5-feet high and more than 10 feet in diameter.

Sandisk, Western Digital Stocks Slump
The Wall Street Journal9d agobearish
Sandisk, Western Digital Stocks Slump

AI darlings Western Digital and Sandisk reported blockbuster results yesterday that showed that demand for data storage is alive and well. So why are earnings down in early trading? Sandisk's first-quarter guidance came in ever so slightly below analyst expectations.

AppLovin (APP) Tumbled After Earnings, Is It Now A Bargain?
Simply Wall St.9d agobearish
AppLovin (APP) Tumbled After Earnings, Is It Now A Bargain?

AppLovin (APP) moved into focus after its second quarter 2026 earnings report, which combined strong year on year sales and profit figures with revenue slightly below market expectations and cautious guidance for the next quarter. See our latest analysis for AppLovin. The earnings release and softer third quarter guidance triggered a sharp reset in AppLovin’s share price, which has declined 23.2% over the past 30 days and 32.4% year to date, even though the 1 year total shareholder return is...

Fiserv Stock Falls After Fintech Cuts Outlook
Investor's Business Daily9d agobearish
Fiserv Stock Falls After Fintech Cuts Outlook

Fiserv stock tumbled Thursday after the financial services technology company cut its 2026 outlook. Fisev said it expects revenue to grow flat to down 1% and adjusted earnings of $7.20 to $7.40. Previously, the company expected organic revenue growth of 1% to 3% and adjusted earnings of $8.00 to $8.30.

Fiserv Stock Drops After Cutting Guidance
The Wall Street Journal9d agobearish
Fiserv Stock Drops After Cutting Guidance

Shares in Fiserv took another hit Thursday after the financial software and payments company cut guidance for the year. The stock dropped nearly 6% to around $51 a share. The shares are down about 60% over the past 12 months.