Wayfair (NYSE:W) shares fell around 3% in pre-market trading on Tuesday, even after the online home furnishings retailer reported second-quarter 2026 earnings and revenue that both exceeded Wall Street expectations. The company delivered solid sales growth, higher customer
Tesla’s China plant shipped 93,579 vehicles in July, marking a ninth straight month of annual gains driven by rising exports. Tesla’s Shanghai factory delivered 93,579 vehicles in July, a 37.85% increase from a year earlier, extending its streak of year-on-year gains to ni
The S&P 500 surpasses its prior peak at 7620.90, while the Nasdaq rises 1.2% but needs to clear 26,301.54 to extend gains. The S&P 500 advanced 0.61% to a new all-time high, breaking above its previous record of 7620.90 in early U.S. trading. The index’s move solidifies a
Toyota Motor Corporation (NYSE:TM) reported first-quarter 2027 results that exceeded Wall Street expectations, supported by strong hybrid vehicle sales and higher revenue. The Japanese automaker also raised its full-year operating income and revenue forecasts, while its sh
Leveraged ETFs now hold $5.5 billion in SK Hynix assets, surpassing Nvidia's $4.8 billion amid a shift to AI memory demand. SK Hynix has become the focal point of AI chip investment, with leveraged ETFs holding $5.5 billion in assets tied to the stock, exceeding Nvidia's $
VanEck Semiconductor ETF declines as investor sentiment sours on AI spending without near-term returns, dragging chip stocks lower. The VanEck Semiconductor ETF (SMH) has fallen approximately 20% from its recent high, reflecting a broader pullback in AI-related stocks. Inv
Palantir reported Q2 adjusted EPS of $0.41 and revenue of $1.935 billion, beating expectations amid strong AI-driven growth. Palantir Technologies Inc (PLTR) shares surged 20% to $152 after reporting second-quarter earnings and revenue that exceeded Wall Street estimates.
Shares of AAOI, COHR, and LITE jump after reports of a draft U.S. ban on Chinese optical transceivers for data centers. Shares of Applied Optoelectronics, Coherent, and Lumentum rallied sharply Tuesday following reports of a draft U.S. ban on Chinese optical transceivers f
Baron Capital highlights Intuitive Surgical as a top pick, citing sustained demand for minimally invasive care and innovation. Intuitive Surgical (NASDAQ:ISRG) closed at $375.41 on August 3, 2026, as Baron Capital forecast years of mid-teens growth for the company. The fir
Investors await SpaceX's first quarterly report as a public company, focusing on Starlink margins and a looming lockup expiration. SpaceX releases its first quarterly earnings as a public company after Tuesday’s close, with revenue estimates ranging from $6.8 to $6.9 billi
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