Taiwan Semiconductor Manufacturing Co raised its outlook for 2026 as artificial intelligence-driven demand boosts semiconductor sales. Taiwan Semiconductor Manufacturing Co (TSM) revised its 2026 outlook upward, driven by accelerating demand for AI chips. The move reflects
The fitness company swung to profitability after years of losses but guided for lower revenue in fiscal 2027. Peloton reported its first full-year net income of $63.2 million for fiscal 2026, reversing a $118.9 million loss the prior year. The result marks a milestone for
Wall Street was predicted to see a mixed open on Thursday, as another batch of technology earnings undermines confidence and apparent progress towards an Iran deal raises fears of yet another false dawn. Dow Jones futures were up 57 points, or 0.1%, with the blue-chip inde
IonQ (IONQ) was in focus on Thursday after the quantum computing firm reported stronger-than-expected results and guidance, prompting praise from several Wall Street firms. Shares rose 4.4% in premarket trading. âAs the first pure-play quantum computing company to hit the<
Chegg press release (CHGG): Q2 Non-GAAP EPS of -$0.02 beats by $0.03. - Revenue of $51.8M (-50.7% Y/Y) beats by $2.3M. Third Quarter 2026 - Total Net Revenues in the range of $43 million to $44 million vs a consensus of $48.28M - Gross Margin between 48% and 49% - Adjuste
Quick Read - GOOGL fell 3.5% after 27-year veteran Jeff Dean quit to launch a startup, reviving fears Google is losing the AI talent race. - Prediction markets give Google just an 8% chance of leading AI benchmarks in 2026 as John Jumper and Noam Shazier defected to rivals. -...<
Tesla’s Q2 earnings fell short of expectations, slashing $130 billion from Elon Musk’s fortune as margins and cash flow weakened. Tesla’s stock tumbled 18% to a 52-week low after its Q2 earnings report missed analyst estimates, wiping $130 billion from CEO Elon Musk’s net
Sandisk and Western Digital shares tumble after earnings, dragging Nasdaq futures down 0.4% ahead of market open. Dow Jones Industrial Average futures climbed 0.3% Thursday, while S&P 500 futures rose 0.2%, as investors digested mixed earnings from AI memory-chip makers. N
Streaming growth offsets broader declines as total revenue misses estimates by $490 million amid merger uncertainty. Warner Bros Discovery’s streaming segment revenue climbed 10% year-over-year to $3 billion in Q2 2026, driven by international expansion and hit series. Adj
Key Points - Disney reported a strong fiscal third quarter: Revenue rose 7% and total segment operating income increased 21%, exceeding prior operating-income guidance. Management reaffirmed its outlook for double-digit adjusted EPS growth in fiscal 2026 and 2027. - Experi
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