Bank of America raises Alphabet's Q2 EPS estimate to $8.38 on $80 billion unrealized gains from its Anthropic stake. Alphabet’s Q2 2026 earnings, due July 22, may include an $80 billion boost to operating income from revaluing its 14% stake in AI firm Anthropic. The gain s
Apple’s potential deal with PrismML could reduce AI memory demands by 15x, easing pressure on margins amid rising chip prices. Apple is in talks with AI startup PrismML to adopt technology that reduces on-device memory usage by up to 15x. The move aims to offset soaring me
Analysts raise MRVL price target 40% to $264.31 on strong Q1 revenue and AI datacenter growth. Marvell Technology’s shares have been reset to a $264.31 price target, reflecting a 40.37% upside from the current $188.30. The revision follows a 27.6% year-over-year revenue ju
Netflix down 8.2% after weak third-quarter guidance Netflix shares fell to $68.23 in after-hours trading. The decline followed the release of its second-quarter 2026 earnings. Netflix reported a 13.4% year-over-year increase in revenue, but growth is largely driv
S&P Global Ratings cut Oracle’s credit rating to BBB- amid soaring AI infrastructure costs and negative free cash flow. Oracle’s stock fell to a 52-week low of $121.50 on Friday, down 63% from its peak of $345.72, as its market capitalization shrank to $365 billion. The de
PayPal receives a $53 billion buyout proposal from Stripe and Advent International, valuing shares at $60.50 amid a turnaround effort. Privately held fintech Stripe and private equity firm Advent International jointly offered to acquire PayPal for approximately $53 billion
The sale was part of a pre-arranged 10b5-1 plan and leaves the executive with 316,431 stock options outstanding. Toast Chief Revenue Officer Jonathan Vassil sold 11,170 shares of Class A Common Stock on July 13 and 14, 2026, at a weighted average price of $30.16. The trans
Investors reacted negatively after Netflix announced plans to cut its 'What We Watched' reports from twice to once annually starting in 2027. Netflix (NASDAQ: NFLX) shares declined last week as concerns grew over the company’s decision to limit transparency. Despite strong
JPMorgan invests $24 million in shipbuilding training programs to address a 300,000-worker shortage in the U.S. industry. JPMorgan Chase is allocating $24 million to shipbuilding training programs as the U.S. faces a shortage of roughly 300,000 workers in the sector. The i
The grocery chain introduces its largest-ever fuel discount, allowing members to save up to $1 per gallon at Shell stations through September 2026. Save Mart has launched a limited-time promotion offering Rewards Members up to $1 off per gallon at participating Shell stati
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