Twilio shares surge 20% on AI-driven growth Twilio's cloud communications platform is capitalizing on the AI opportunity, with shares surging 20% during pre-market trading. The company's platform is capturing gains as an agnostic communications infrastructure with
Unity Software shares jump 5.7% in premarket trading following a Bank of America upgrade to Buy on strong quarterly results. Unity Software (U) received a Buy rating from Bank of America, upgraded from Neutral, after reporting better-than-expected earnings. The upgrade ref
Analysts highlight rising inference costs, model depreciation, and free alternatives as key risks to AI sector margins and valuations. Investors are shifting away from AI-related equities amid growing doubts over profitability, according to new analysis. High inference cos
Supremex to repurchase up to 1.48M shares Supremex has received approval to buy back up to 10% of its public float. The buyback period will run from August 11, 2026, to August 10, 2027. Repurchased shares will be cancelled, reducing the company's outstanding shar
Silver prices rally as U.S. jobs report shows 23,000 job losses in July, missing economist forecasts by a wide margin. Silver September futures climbed to $65.05 per ounce on August 7, 2026, after opening at $61.85, a 0.4% gain from the prior session. The surge followed a
The education technology firm targets adjusted EBITDA of negative $4M to breakeven for 2026 after streamlining operations. Nerdy Inc. projected 2026 revenue of $168M to $175M as it narrows its focus to a unified consumer learning platform. The company aims for adjusted EBI
Praxis Precision Medicines targets FDA approvals for two therapies by early 2027 and forecasts $10B peak sales for ulixacaltamide. Praxis Precision Medicines (PRAX) expects FDA decisions on two new drug applications within six months, aiming for approvals by early 2027. Th
German chemicals firm LANXESS reports Q2 EBITDA pre-exceptionals of EUR 152 million, up slightly from EUR 150 million a year ago. German specialty chemicals company LANXESS posted Q2 revenue of EUR 1.56 billion, a 6.48 percent year-over-year increase. EBITDA pre-exceptiona
WEN cuts dividend by 50% and pulls annual guidance as U.S. restaurant traffic and margins weaken under cost pressures. Wendy's new CEO announced a 50% dividend cut and withdrew full-year guidance after second-quarter results showed declining U.S. restaurant traffic. The co
The government services contractor cites a temporary halt in Veterans Affairs incentives for a reduced earnings forecast. Maximus lowered its fiscal 2026 adjusted earnings per share guidance to a range of $7.90 to $8.20, down by approximately $0.35. The reduction stems fro
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