The hedge fund's losses erased much of its first-half gains as semiconductor and AI equities tumbled sharply last month. Whale Rock Capital’s flagship hedge fund declined 21.7% in July, wiping out a significant portion of its earlier-year performance. The drop was driven b
Airline forecasts earnings per share exceeding $6 for full year 2026 amid strong revenue growth and merger synergies. Allegiant Travel Company projected full-year 2026 earnings per share above $6, reflecting robust revenue trends and the integration of Sun Country. The gui
Traders eye profit-taking near 7,800 as momentum indicators suggest short-term exhaustion in the bullish trend. S&P 500 E-mini futures approached the 7,800 level, nearing the upper boundary of a rising 4-hour channel. The relative strength index (RSI) exceeded 80, indicati
USA Compression Partners maintains $770M-$800M adjusted EBITDA outlook while accelerating fleet investment post-acquisition. USA Compression Partners (USAC) expects approximately 2.5% average annual new horsepower growth through 2029. The projection follows the company’s a
Lattice expects $245M-$265M Q3 revenue Lattice Semiconductor has outlined its Q3 revenue range following the close of the AMI acquisition. The company expects to generate $245M-$265M in revenue. The company's strong execution and healthy market environment contribut
GBDC reports $0.22 adjusted net income per share for Q3 2026 amid 25-50 basis point spread expansion. Golub Capital BDC declared a $0.33 distribution for fiscal Q4 2026, citing 25-50 basis point wider spreads in its loan portfolio. The move follows adjusted net income of $
S&P 500 E-mini futures approach 7,800, nearing overbought levels and channel resistance amid profit-taking risks. S&P 500 E-mini futures climbed toward 7,800, testing the upper boundary of a rising channel on the 4-hour chart. The move places the index near a critical resi
Amprius Technologies reports Q2 revenue of $34.02M, exceeding estimates by $4.75M, and raises its 2026 outlook to at least $140.0 million. Amprius Technologies posted Q2 revenue of $34.02M, a 125.7% year-over-year increase and $4.75M above consensus. Non-GAAP EPS matched e
Discussions center on a new equity award for Nik Storonsky tied to the fintech firm reaching a $500 billion valuation. Revolut is negotiating a potential share award for CEO Nik Storonsky contingent on the company achieving a $500 billion valuation. The talks are part of a
India’s central bank maintains its benchmark rate unchanged to support economic growth amid inflation concerns. The Reserve Bank of India’s Monetary Policy Committee left the repo rate at 5.25% following its August review, aligning with market expectations. The decision re
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