Optimum Communications forecasts mid-single-digit revenue decline in 2026 but targets margin expansion through AI-driven efficiency gains. Optimum Communications reported disciplined cost management and AI-powered operational improvements drove expanded gross and adjusted
The software firm raised its full-year cloud subscription revenue forecast and adjusted EBITDA margin target after strong Q2 growth. Appian updated its 2026 financial outlook, projecting cloud subscription revenue between $525M and $529M while targeting a 13% adjusted EBIT
The company projects Q3 revenue of $12M-$14M and $25M in Q4 as demand outstrips supply through 2027. Unusual Machines expects Q3 revenue between $12 million and $14 million, rising to $25 million in Q4. The company cited persistent supply constraints limiting output despit
Etsy attributes layoffs to strategic refocusing, distancing itself from AI-driven job cuts seen at other tech firms. Etsy Inc. reduced its workforce by 12%, or 220 employees, primarily in product and engineering roles, while reporting a 6% revenue increase to $668 million.
Block’s adjusted earnings rose 64% year-over-year but investors focused on operating expense concerns, pushing shares lower. Block reported second-quarter adjusted earnings of $1.02 per share, surpassing consensus estimates and rising 64% from the prior year. Revenue also
Microsoft reported 30 million paid Copilot seats and 43% Azure growth, easing investor concerns over AI investment returns. Microsoft’s fourth-quarter results exceeded expectations, driven by a surge in AI-related revenue. The company now has over 30 million paid Microsoft
SpaceX reported Q2 revenue of $7.8 billion but posted a $541 million net loss, sparking a 20% drop from its IPO price. Space Exploration Technologies (NASDAQ: SPCX) disclosed its second-quarter financials, revealing a 92% year-over-year revenue surge to $7.8 billion. Howev
Exelixis reported $570.6 million in Q2 Cabometyx sales, falling short of market expectations and weighing on its stock. Exelixis (EXEL) shares fell sharply after its second-quarter earnings revealed weaker-than-expected sales of its flagship cancer drug, Cabometyx. The dru
The Grayscale XRP Trust ETF has sold XRP worth more than $180 million during the first half of 2026, the latest filing with the U.S. Securities and Exchange Commission (SEC) revealed The fund held 122.23 million XRP by the end of 2025 but lowered the holdings to 55.
Sumit Singh, Chief Executive Officer of Chewy, Inc. (NYSE:CHWY), reported disposing of 81,841 shares of Class A Common Stock between July 31, 2026, and Aug. 3, 2026, according to a recent SEC Form 4 filing. Transaction summary Transaction value based on SEC Form 4 weighted
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