COMPANIES

Krystal Biotech's Q2 results show strong revenue growth and profitability, but investor concerns over growth pace and international expansion led to a stock decline. The company remains focused on expanding its gene therapy pipeline.

GameStop's $1.4 billion debt-for-equity exchange raises dilution concerns as it pursues eBay acquisition, highlighting strategic ambitions amid evolving retail dynamics.

Sportradar's shares fell 16% after reporting a Q2 net loss, despite revenue growth and strategic partnerships. The company revised its full-year outlook, reflecting tempered growth expectations.

Nebius Group's shares surged as it announced a $1 billion AI cloud contract and activated Nvidia hardware, reinforcing its position in the AI infrastructure sector with significant revenue growth.

CoreWeave partners with Leidos to deliver secure AI cloud services to U.S. defense and intelligence agencies, aiming to expand its market beyond commercial AI customers into government sectors.

CNH Industrial's shares rose over 15% following strong Q2 results that exceeded expectations, leading to an upgraded full-year earnings outlook. The company highlighted disciplined execution and strategic investments.

Atkore Inc. shares surged after agreeing to a $3.8 billion acquisition by Prysmian S.p.A., alongside reporting strong third-quarter results. The deal enhances Prysmian's North American presence and product offerings.

Kraken Robotics' shares rose over 9% following its largest acquisition, boosting its scale and order momentum. The company updated its financial guidance, reflecting significant growth and integration progress.

Microsoft's shares surged over 5% following strong fiscal results, driven by cloud and AI demand. Azure revenue surpassed $100 billion, boosting investor confidence and marking a significant market impact.

Boeing shares rose 4.36% after BNP Paribas Exane upgraded its rating from Underperform to Outperform, reflecting confidence in Boeing's recovery despite recent financial challenges.

SpaceX shares rise as investors anticipate the company's first public earnings report, focusing on Starlink growth, AI ventures, and government contracts amid stock volatility and high growth expectations.

Samsung's Galaxy Z Fold 8 launches ahead of Apple's first foldable iPhone, sparking debate over design, pricing, and market positioning. Analysts question if Apple can challenge Samsung's foldable dominance.

Chime Financial's stock rose over 4% as it announced a 10% workforce reduction and product expansion, aiming for efficiency and growth ahead of its second-quarter earnings report.

Webtoon Entertainment's stock rose 3.07% as it attempts recovery ahead of its Q2 earnings report. Analysts offer mixed ratings, with potential upside of 36% from current levels.

GameStop announces a $1.4 billion convertible notes exchange to reduce debt, increasing shares and impacting market dynamics. The move aligns with strategic shifts under CEO Ryan Cohen.

Dunkin' is giving away 1 million free Refreshers to its rewards members on August 3rd. The promo code will be released via the 'dunkin' diehards' Instagram channel, encouraging early participation.

Toyota shares fell 3.37% due to a stronger yen after a joint intervention by Japan and the U.S., affecting the automaker's earnings outlook ahead of its first-quarter report.

OpenAI CEO Sam Altman discusses how lessons from Peter Thiel and Paul Graham shaped his approach to identifying unconventional investment opportunities, leading to OpenAI's success despite initial skepticism.

Warren Buffett's advice to invest in low-cost S&P 500 index funds remains relevant, but today's tech-heavy index presents new risks. Analysts discuss the implications for diversification and long-term returns.

Darryl Cuttell alleges SpaceXAI owes $570 million for data center work, amid IHRA's financial struggles and Rockingham Speedway's uncertain future.

PYC Therapeutics' stock rose 7.06% amid ongoing advancements in RNA-based treatments for rare genetic diseases, supported by a strong financial position and promising clinical trial results.

Tesla shareholders have approved a $1 trillion pay package for Elon Musk, contingent on achieving ambitious growth targets, including a market cap of $8.5 trillion and significant operational milestones.

MediaTek shares surged 9.99% following strong earnings and AI ambitions, bolstered by strategic partnerships and a broader Asian tech rally. The company aims to expand its AI market share significantly.

Domino's Pizza Enterprises' stock rose 6.41% amid ongoing volatility, driven by short-seller activity and strategic changes following its first annual loss in fiscal 2025.

South Korea's KOSPI index fell 5.36% after a historic surge, driven by profit-taking and short-covering. Market volatility continues amid global AI and semiconductor demand shifts.

4DMedical's stock has surged 1,250% over the past year, driven by strategic acquisitions, new contracts, and expanding market presence, despite ongoing volatility and valuation concerns.

Apple is expected to announce the iPhone 18 Pro and possibly its first foldable iPhone on Sept. 9, following its historical scheduling patterns for fall keynotes.

SpaceX has become the most shorted large public company in the US, with investors betting $26 billion against it following a significant stock value decline despite successful operations.

Ken Griffin transformed Citadel from a Harvard dorm project into a leading Wall Street firm, managing billions and influencing markets. Discover key milestones and Griffin's impact on finance and philanthropy.