SpaceX's AI Capex Surge Dents Growth Enthusiasm, Stock Slides Despite 92% Revenue Jump
Companies

SpaceX's AI Capex Surge Dents Growth Enthusiasm, Stock Slides Despite 92% Revenue Jump

SpaceX posted a 92% revenue gain in Q2 but a massive $18.4B in capex, mostly on AI, spooked investors and sent shares do...

Declan Byrne 👁 41 💬 0
SpaceX Revenue Nearly Doubles on Starlink Surge, AI Investment Passes $15 Billion
Companies

SpaceX Revenue Nearly Doubles on Starlink Surge, AI Investment Passes $15 Billion

In its first quarterly update as a public company, SpaceX posted $7.8 billion in revenue as Starlink hit 12 million user...

Declan Byrne 👁 39 💬 0
S&P 500 Earnings Shatter Records: Q2 Profit Surge 47%, Beating Forecasts by Historic Margin
Markets

S&P 500 Earnings Shatter Records: Q2 Profit Surge 47%, Beating Forecasts by Historic Margin

Corporate America just posted its strongest profit growth on record outside the pandemic, fueled by AI, one-time valuati...

Yael Ben-David 👁 52 💬 0
Exchange Income Corporation Rides Aviation Boom to 30% Revenue Jump in Q1 2026
Companies

Exchange Income Corporation Rides Aviation Boom to 30% Revenue Jump in Q1 2026

Winnipeg-based EIC saw Q1 2026 revenue climb 30% year-on-year to C$866.6 million, driven by aerospace acquisitions and r...

Declan Byrne 👁 33 💬 0
SpaceX Earnings Beat Fades as $18.4B Quarterly Investment Triggers Stock Slide
Companies

SpaceX Earnings Beat Fades as $18.4B Quarterly Investment Triggers Stock Slide

SpaceX’s maiden quarterly report showed 92% revenue growth and a narrower loss, but a $18.4 billion quarterly investment...

Declan Byrne 👁 37 💬 0
SpaceX's First Post-IPO Earnings Call Arrives With Shares 50% Off Their Peak
Companies

SpaceX's First Post-IPO Earnings Call Arrives With Shares 50% Off Their Peak

SpaceX reports its first quarter as a public company with the stock at $114.46 — below the IPO price — as a lock-up expi...

Declan Byrne 👁 39 💬 0
Southern Europe's Fire Emergency Becomes a Market Signal for Cooling and Reinsurance
Markets

Southern Europe's Fire Emergency Becomes a Market Signal for Cooling and Reinsurance

Spain and France face unprecedented wildfires and evacuations as Sicily hits 48.4°C — and markets begin pricing extreme ...

Yael Ben-David 👁 31 💬 0
Shopify Says AI Search Tripled Store Traffic — Traditional Search Still Growing
Companies

Shopify Says AI Search Tripled Store Traffic — Traditional Search Still Growing

Shopify credits its Q2 earnings beat partly to AI agents, which tripled AI-referred traffic and orders year over year — ...

Declan Byrne 👁 43 💬 0
S&P 500 Q2 Earnings Track a 47% Growth Rate as AI Spending Extends the Rally
Markets

S&P 500 Q2 Earnings Track a 47% Growth Rate as AI Spending Extends the Rally

The S&P 500 is on pace for 47% year-on-year Q2 earnings growth, fueled by AI investment — though one-off gains at Alphab...

Yael Ben-David 👁 41 💬 0
Lufthansa's Q2 Profit Collapses 56% as Iran War Fuel Costs and Strikes Bite
Companies

Lufthansa's Q2 Profit Collapses 56% as Iran War Fuel Costs and Strikes Bite

Higher jet-fuel costs from the Iran war and crew strikes cut Lufthansa's adjusted operating profit 56% to €383m in Q2; f...

Declan Byrne 👁 33 💬 0
SpaceX Beats Revenue Estimates and Narrows AI Loss in First Post-IPO Report
Companies

SpaceX Beats Revenue Estimates and Narrows AI Loss in First Post-IPO Report

SpaceX posted $7.8B revenue and a narrower-than-expected $1.26B AI loss, but a looming lock-up expiry and a rich valuati...

Declan Byrne 👁 37 💬 0
SpaceX Loses Over Half Its Value in First Month as a Public Company
Companies

SpaceX Loses Over Half Its Value in First Month as a Public Company

SpaceX shares have fallen more than 50% since its record IPO, wiping out over $500 billion in market value. Investors no...

Declan Byrne 👁 30 💬 0
SpaceX Beats in First Public Earnings, but Record AI Spending Sinks the Stock
Companies

SpaceX Beats in First Public Earnings, but Record AI Spending Sinks the Stock

SpaceX beat expectations in its first quarterly report as a public company, with Starlink driving profits — but $18.4 bi...

Declan Byrne 👁 56 💬 0
SpaceX Revenue Nearly Doubles in First Public Quarter, But Subscriber Revenue Per User Falls
Companies

SpaceX Revenue Nearly Doubles in First Public Quarter, But Subscriber Revenue Per User Falls

SpaceX's debut earnings since its June IPO show revenue nearly doubling to $7.8 billion and operating losses narrowing, ...

Declan Byrne 👁 29 💬 0
S&P 500, Dow hit records as Iran deal hopes send oil below $80
Markets

S&P 500, Dow hit records as Iran deal hopes send oil below $80

The Dow climbed 900 points and the S&P 500 set a fresh high as Treasury Secretary Scott Bessent signaled a possible US-I...

Yael Ben-David 👁 34 💬 0
Ather Energy Reports 89% Revenue Jump as EV Demand Runs Ahead of Supply
Companies

Ather Energy Reports 89% Revenue Jump as EV Demand Runs Ahead of Supply

Ather Energy nearly doubled quarterly revenue and swung to positive EBITDA, with pre-orders up 158% and a mass-market sc...

Declan Byrne 👁 29 💬 0
Lufthansa's Q2 Operating Profit Slumps 56% on Jet Fuel Surge and Strikes
Companies

Lufthansa's Q2 Operating Profit Slumps 56% on Jet Fuel Surge and Strikes

Lufthansa's adjusted operating profit fell 56% to €383m in Q2 as Middle East-driven fuel costs added €750m and strikes w...

Declan Byrne 👁 31 💬 0
Shell's Q2 Profit Doubles to $9.8B as Geopolitical Turmoil Becomes a Cash Machine
Companies

Shell's Q2 Profit Doubles to $9.8B as Geopolitical Turmoil Becomes a Cash Machine

Shell reported an adjusted $9.84B second-quarter profit, nearly double a year earlier and above forecasts, as oil and ga...

Declan Byrne 👁 34 💬 0
Wacker Chemie’s Q2 Profit Jump Is Flattered by One-Offs — Guidance Tells the Real Story
Companies

Wacker Chemie’s Q2 Profit Jump Is Flattered by One-Offs — Guidance Tells the Real Story

Wacker Chemie raised its 2026 EBITDA guidance and lowered its revenue outlook. But near-€280m in special items flattered...

Declan Byrne 👁 35 💬 0
GHCL Textiles Q1 FY27 Net Profit Up 191%; Knitting and Renewables Expand
Companies

GHCL Textiles Q1 FY27 Net Profit Up 191%; Knitting and Renewables Expand

GHCL Textiles posts 191% net profit growth in Q1 FY27, with EBITDA up 116% to ₹70 crore, as knitting capacity and renewa...

Declan Byrne 👁 34 💬 0
Palantir posts record quarter as CEO Karp calls AI frontier labs 'Marxist'
Companies

Palantir posts record quarter as CEO Karp calls AI frontier labs 'Marxist'

Palantir's Q2 revenue jumped 93% to $1.9B and profit hit $1.1B, as CEO Alex Karp used the results to warn enterprises ag...

Declan Byrne 👁 37 💬 0
European Stocks End Mixed After Record Intraday High; Energy Inflation Pressures
Markets

European Stocks End Mixed After Record Intraday High; Energy Inflation Pressures

Stoxx Europe 600 closed slightly lower despite hitting a record intraday high, as energy-driven eurozone inflation accel...

Yael Ben-David 👁 37 💬 0
Palantir Revenue Jumps 93% on US Commercial Demand, Forecast Raised
Companies

Palantir Revenue Jumps 93% on US Commercial Demand, Forecast Raised

Palantir nearly doubled quarterly revenue to $1.94 billion, beating analyst estimates and lifting its full-year outlook ...

Declan Byrne 👁 33 💬 0
Apple's Services Hit Record $30.7B as Advertising Drives June-Quarter Growth
Companies

Apple's Services Hit Record $30.7B as Advertising Drives June-Quarter Growth

Apple posted record June-quarter revenue and a 12% services gain, with advertising a standout driver — though services f...

Declan Byrne 👁 32 💬 0
Gildan sales jump 72% on HanesBrands, sells Australia unit and lifts margin outlook
Companies

Gildan sales jump 72% on HanesBrands, sells Australia unit and lifts margin outlook

Gildan Activewear's second-quarter sales rose 72.3% to $1.58bn on the HanesBrands integration, as it agreed to sell Hane...

Declan Byrne 👁 29 💬 0
Covenant Logistics Tumbles After Earnings as Management Defends Long-Term Strategy
Logistics

Covenant Logistics Tumbles After Earnings as Management Defends Long-Term Strategy

Covenant Logistics stock fell 11% after second-quarter earnings missed expectations, while management argued its shift t...

Eoin McCarthy 👁 31 💬 0
ICE Mortgage Tech Logs Best Quarter Since 2022; Parent to Buy MarketAxess for $5.7B
Companies

ICE Mortgage Tech Logs Best Quarter Since 2022; Parent to Buy MarketAxess for $5.7B

ICE Mortgage Technology posted $557M in Q2 revenue and an 8% operating margin, while parent ICE announced a $5.7B deal t...

Declan Byrne 👁 31 💬 0
Siemens Healthineers Cuts Sales Outlook on Lab Diagnostics Drag; Shares Slide
Companies

Siemens Healthineers Cuts Sales Outlook on Lab Diagnostics Drag; Shares Slide

Siemens Healthineers lowered its comparable revenue growth target for fiscal 2025/26 after a soft third quarter, while r...

Declan Byrne 👁 30 💬 0
Bajaj Finance Shares Hit Fresh 52-Week High on 29% Q1 Profit Jump, Brokerages Turn Bullish
Companies

Bajaj Finance Shares Hit Fresh 52-Week High on 29% Q1 Profit Jump, Brokerages Turn Bullish

Bajaj Finance's Q1FY27 net profit rose 29% to ₹5,345.50 crore, sending shares up 6% to a record high of ₹1,122.30. Broke...

Declan Byrne 👁 29 💬 0
Apple Delivers Record Quarter, But Stock Tumbles 8% as Market Fears Loom
Companies

Apple Delivers Record Quarter, But Stock Tumbles 8% as Market Fears Loom

Apple's revenue surged 16% to $109bn, with iPhone sales up 22% to a record $54bn for a spring quarter. Consumers rushed ...

Declan Byrne 👁 27 💬 0