Amazon founder files to sell 15 million shares valued at $4.07 billion following a post-earnings rally and all-time high. Jeff Bezos intends to sell approximately 15 million Amazon shares, worth $4.07 billion based on Monday’s closing price of $284.02. The sale was execute
The streaming giant’s forecast of 788 million monthly active users falls short of the 793.5 million estimate for Q3. Spotify’s stock fell 6% in early trading after the company projected third-quarter monthly active users (MAUs) at 788 million, below the 793.5 million conse
Wall Street analysts adjust ratings on key stocks, with Palantir upgraded to Buy and Walmart downgraded before its August 20 earnings report. Deutsche Bank upgraded Palantir (PLTR) to Buy from Hold, maintaining a $200 price target. The firm cited Palantir’s "exceptional" Q
André Branch joins Pandora as North America president, replacing an executive who departed in February, to drive regional growth. Pandora appointed André Branch as president of North America, effective August 15, succeeding Luciano Rodembusch, who left in February. Branch
Grab press release (GRAB): Q2 GAAP EPS of $0.06 beats by $0.04. - Revenue of $997M (+21.7% Y/Y) beats by $6.64M. - Revenue grew 22% YoY, or 21% YoY on a constant currency basis, to $997 million in the second quarter of 2026, driven by continued growth across
Snap reported second-quarter revenue of $1.6 billion on Monday, a 19% increase from a year earlier, as improving advertising momentum drove results ahead of analyst expectations. Snap stock jumped about 8% in extended trading Revenue of $1.6 billion topped analyst e
Legislation may introduce merchant charges on some UPI transactions, ending a four-year zero-fee policy to fund network expansion. India’s government has introduced legislation to allow fees on select UPI transactions, aiming to create a sustainable funding model for the p
Cathie Wood's firm purchased $10 million in Coinbase and Circle shares amid recent price drops and earnings misses. Ark Invest acquired $10 million worth of shares in Coinbase Global ($COIN) and Circle Internet Group ($CRCL) over the past week. The purchases included 54,77
Quick Read - Marvell (MRVL) supplies custom silicon and optical networking to major hyperscalers, posting 28% revenue growth in Q1 with management guiding for accelerating gains throughout FY2027. - Unlike NVIDIA (NVDA), Marvell designs custom ASICs helping hyperscalers escape...
Bitmine Immersion Technologies expands its $4 billion repurchase program while increasing Ethereum holdings to 5.8 million tokens. Bitmine Immersion Technologies (BMNR) has ramped up its stock buyback program, repurchasing 4.5 million shares in the past week. The company h
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