After-hours
NEW 3-line summary 12m ago · CNBC
S&P 500 futures little changed after record high - Stock index futures moved nearly flat on Thursday night after the S&P 500 set a record
- The S&P 500 hit an intraday all-time high of 7,816.70, with technology and communication services each rising about 1%
- Q2 earnings growth came in at roughly 50%, leading the S&P and Nasdaq to a third consecutive week of gains
NEW 3-line summary 12m ago · Reuters
Nubank's quarterly net profit tops $1 billion for the first time, beating estimates - Brazilian digital bank Nubank (NU) posted quarterly net profit exceeding $1 billion for the first time, surpassing analyst expectations
- Nu Holdings' net profit for April–June was $1.06 billion, up 49% year-on-year on a constant-currency basis, beating the Visible Alpha estimate of $967.2 million
- Net revenue rose 39% to $5.88 billion, and shares climbed about 9% in extended trading to roughly $15.25
3-line summary 42m ago · Axios
Ford and GM scale back Lincoln production and Chevrolet sales in China, accelerating retreat - Reports say Ford (F) will end Lincoln production in China for U.S. exports, while General Motors (GM) will halt Chevrolet sales in China.
- Ford is expanding U.S. production, and GM is focusing on its Buick and Cadillac brands in China while continuing to build Chevrolet vehicles for export to other regions.
- As U.S. automakers' pullback from China accelerates, Chinese companies are narrowing the gap through quality and price competition while seeking access to the U.S. market.
3-line summary 1h ago · TechCrunch + 1 more
Ford's $2B Louisville plant overhaul on track; 2027 F-150 production set - Ford (F) said the $2 billion overhaul of its Louisville Assembly Plant is proceeding on schedule and is on track for 2027 F-150 production
- The F-150, a mid-size electric truck priced under $30,000, is slated for prototype builds in Q1 2027 with customer vehicles to follow within the year
- As prior EVs weighed on profitability and the company trailed Tesla and Chinese rivals, Ford is shifting to a Universal Production System that lifts assembly speed by 15%
3-line summary 1h ago · Reuters
S&P 500 Hits Record on Benign U.S. Inflation…Rate-Hike Pressure Eases - U.S. equities and Treasury prices rose on Thursday, with the S&P 500 gaining 0.7% to set a fresh record high.
- July producer prices came in flat, while the CPI and PPI were relatively benign, easing pressure on the Fed to raise rates.
- Rate hikes are not fully priced in through December, raising the likelihood that the Fed will hold rates steady for longer.
3-line summary 1h ago · Trefis + 1 more
Applied Materials stock up 193% over the past year…shipping capacity is key - Applied Materials (AMAT) shares have risen 193% over the past year, nearly tripling
- Revenue growth over the last 12 months came in at just 3.3%, while management has guided to semiconductor equipment growth of more than 30% in 2026
- The stock's re-rating hinges on expectations of fab build-outs, with the factor limiting growth being shipping capacity rather than orders
3-line summary 1h ago · CNBC
S&P 500 Q2 net profit margin hits 16.9%, on track for highest since 2009 - The blended net profit margin for S&P 500 companies in Q2 came in at 16.9%, up from 14.8% in the prior quarter and 12.9% a year earlier.
- The figure exceeded the five-year average of 12.4%, and if maintained, would mark the highest level since FactSet began tracking the metric in 2009.
- Alphabet and Amazon were the largest contributors, and even excluding the two names, the margin still stands at 15%—also the highest since 2009.
3-line summary 1h ago · Newsfile Corp. + 1 more
Versamet Royalties Sets New Quarterly GEO Record in Q2 2026 - Versamet Royalties (VMET) announces a new quarterly GEO record in Q2 2026
- Year-to-date GEO surpasses 10,000 ounces; H1 revenue of $47 million; full-year guidance of 20,000–23,000 GEO maintained
- Closing of the SK Creek gold stream acquisition completed; production attributable to the company is expected to expand to approximately 35,000 GEO annually when production begins next year
3-line summary 1h ago · Reuters
Lam Research to Invest Over $3 Billion in R&D Lab Expansion Over 5 Years - Lam Research (LRCX) announced it will invest more than $3 billion over the next five years to expand its global R&D lab network.
- The multi-site expansion is expected to increase lab capacity by more than 50%, with work on the lab network expansion beginning this year.
- The move aims to stay ahead of customer demand and accelerate product development as artificial intelligence spending drives demand for advanced chips.
3-line summary 2h ago · Bloomberg
Hertz Shares Plunge as Much as 13% on Pershing Square Stake Sale - Hertz Global Holdings (HTZ) shares fell as much as 13% on news of Pershing Square's sale of its stake.
- CIO Ryan Israel said he lost confidence in Hertz's management after the funding announcement, which he viewed as unnecessary.
- The decline snapped an 85% rally over the previous six trading sessions through Wednesday's close.
8/13 · Intraday
3-line summary 2h ago · InvestorsHub + 1 more
Meta Deletes 756,000 Accounts Belonging to Australians Under 16 - Meta (META) said it deleted 756,000 Facebook and Instagram accounts believed to belong to Australians under 16
- It deactivated 462,000 Instagram accounts and 294,000 Facebook accounts from just before the regulation took effect in December through June
- The figure was significantly higher than the one disclosed in January and was announced as Australian regulators consider enforcement action
3-line summary 3h ago · Stocktwits + 1 more
Dell nears first-ever $500 mark on Lenovo, SMCI tailwinds - Dell Technologies (DELL) shares rose about 5% in Thursday premarket trading, putting the stock on the cusp of breaking $500 for the first time
- Lenovo's (LVNGY) AI server pipeline stands at $54 billion, while Super Micro's (SMCI) revenue guidance is $65 billion to $72 billion
- Morningstar views Dell as a key beneficiary of expanding enterprise AI sales
3-line summary 3h ago · Reuters + 8 more
Silver Lake in talks to acquire Workday, sources say - Private equity firm Silver Lake is in talks to acquire Workday (WDAY), sources said
- If completed at a market capitalization of roughly $43 billion, it would rank among the largest software acquisitions ever
- The stock is down about 15% this year and more than 40% from its 2024 high
3-line summary 3h ago · InvestorsHub + 1 more
Cisco Drops Over 5% Premarket Despite Strong Results and Outlook - Cisco Systems (CSCO) shares fell more than 5% in U.S. premarket trading on Thursday
- The company provided fiscal 2027 revenue guidance of $72.2 billion to $73.4 billion and adjusted EPS of $5.05 to $5.11, exceeding Wall Street estimates
- After the stock has gained over 60% this year, elevated expectations meant investors wanted even stronger growth despite the solid results, according to the report
3-line summary 3h ago · Bloomberg
Warren Questions Trump-Taylor Farms Connection Over Cyclospora Response - Senator Warren demanded that HHS Secretary Kennedy disclose the circumstances of the response to the Cyclospora outbreak
- She pointed out that Taylor Farms' parent company donated $1 million to a Trump-linked PAC right after the traceability rule was postponed
- The iceberg lettuce-linked outbreak infected thousands across 47 states and killed 2 people in Michigan
3-line summary 3h ago · Reuters + 2 more
S&P 500 Hits Record High as Rate Hike Concerns Ease - The S&P 500 set an all-time high on Thursday, fueled by gains in heavyweight tech stocks including Sandisk.
- Sandisk and Micron surged 16% and 6.7%, respectively, lifting the S&P 500 up 0.56% to 7,791.70.
- A tame producer price index reading bolstered expectations that the Fed will skip a September rate hike, with the market pricing in a 63% probability of a hold.
3-line summary 3h ago · BBC + 1 more
Twitch Faces User Backlash for Amazon's Default Use of Content in AI Training - Amazon-owned Twitch faced criticism for allowing creators' and viewers' content for AI training by default
- Users can only opt out, with the setting enabled by default, while a product chief acknowledged that no one seeks prior consent
- Twitch said disabling the setting prevents use of streams, clips and chats, and that the data is not resold to other companies
3-line summary 3h ago · Bloomberg
Selena Gomez sued for fraud by investors in mental health startup - Pop star Selena Gomez has been sued for fraud by five investors in connection with Wondermind Global, a mental health startup that collapsed last year.
- According to the lawsuit, the company raised $5 million at a $95 million valuation in 2022, but the app was never developed and there were no promised products or revenue.
- The investors allege that Gomez's promotion through her social media following of more than 500 million and partnerships with JPMorgan and Fidelity were false, and are demanding the return of their investment.
3-line summary 3h ago · GuruFocus.com + 1 more
Morgan Stanley raises target price for SE from $130 to $153 - Morgan Stanley raises its target price for SE from $130 to $153 and maintains an overweight rating
- Views growth investment as a phase of tactical reinvestment, saying underlying profitability is strengthening
- Q2 revenue of $7.8 billion (up 48% YoY) beat estimates of $7.09 billion; adjusted EPS of $0.70 missed the $0.83 estimate
3-line summary 4h ago · NYSE + 1 more
Oracle and AWS executives discuss expanding collaboration to accelerate customer migration - Oracle (ORCL) and AWS executives held talks on expanded collaboration
- Oracle's Nathan Thomas and AWS's Ganapathy Krishnamurthy appeared on AWS Live
- The two companies discussed expanding collaboration to accelerate customer migration
3-line summary 4h ago · Associated Press + 1 more
Alliance Laundry Q2 net profit $68.7M - Alliance Laundry Holdings (ALH) reported Q2 net profit of $68.7 million.
- EPS came in at 34 cents, or 41 cents on an adjusted basis excluding one-time charges, with revenue of $476.8 million.
- The result exceeded the 35-cent average estimate from three analysts polled by Zacks, and the stock is up 27% year-to-date.
3-line summary 4h ago · Associated Press + 1 more
Rockwell Medical reports $1.2 million loss in Q2 - Rockwell Medical (RMTI) reported a $1.2 million loss in the second quarter.
- Loss per share came in at 34 cents, with revenue of $17.8 million.
- The manufacturer of kidney disease and anemia treatment products guided to full-year revenue of $70 million to $75 million.
3-line summary 4h ago · Axios
OpenAI's Chief Revenue Officer Dresser Departs, Razziq Appointed - OpenAI's Chief Revenue Officer Dennis Dresser is leaving the company less than a year after taking the role
- He is succeeded by Dali Razziq, formerly President and COO of Wiz, the cybersecurity company owned by Google
- Co-founder Greg Brockman is expanding his operational responsibilities as the company prepares to scale its enterprise business and pursue an IPO
3-line summary 4h ago · Associated Press + 1 more
Ideal Power reports $3.4 million loss in Q2 - Ideal Power (IPWR) reported a $3.4 million loss in the second quarter on Thursday
- Loss per share was 20 cents, with revenue of $6,000 for the same period
- The company is a power-conversion technology developer based in Austin, Texas
3-line summary 5h ago · Bloomberg
Oil rally stalls as traders watch Hormuz transit volumes - Oil prices have halted their recent upward streak, with the rally losing momentum
- The backdrop is the limited progress in reaching an agreement to end the Iran war
- Traders are closely watching crude oil volumes passing through the Strait of Hormuz
3-line summary 5h ago · MarketWatch + 1 more
Gold Tests 200-Day Moving Average After One-Month Rebound - Gold has approached a critical technical test following a strong one-month rebound.
- On Thursday, it is testing the 200-day moving average near $4,484 around $4,381 per ounce.
- Easing Fed tightening expectations and central bank buying have supported demand, which could strengthen the bullish case if the level breaks.
3-line summary 5h ago · Reuters + 2 more
Google unveils Gemini 3.7 Flash for coding and agents - Alphabet's Google (GOOG) on Thursday launched its latest AI model, Gemini 3.7 Flash, for software coding and automated tasks.
- Through year-end, it carries a launch price of 75 cents per million input tokens and $3.75 per million output tokens, half the original cost of Gemini 3.6 Flash.
- The company did not disclose the timing for its flagship Pro model launch, and investors are watching Gemini 3.5 Pro as a test of whether DeepMind can keep pace with Anthropic and OpenAI.
3-line summary 5h ago · CoinDesk + 1 more
Metaplanet denies Bitcoin sale rumors…holds 43,000 BTC - Simon Gerovich, CEO of Tokyo-listed Metaplanet, denied rumors of a Bitcoin sale.
- He explained that the 5,014 BTC (about $320 million) movement was a routine transfer between custody addresses, and that holdings stand at 43,000 BTC.
- An on-chain tracking firm detected the wallet transfer on Wednesday, sparking speculation that the company was preparing to sell.
3-line summary 5h ago · Zero Hedge + 1 more
S&P 500 futures up 0.2%…trading in narrow range near record high ahead of PPI - S&P 500 futures up 0.2%…holding in a narrow range just shy of record highs
- Cisco (CSCO) plunges 6.4% in extended trading after disappointing earnings; Nasdaq futures flat
- Rate concerns ease after in-line CPI the previous day; focus turns to July PPI and 30-year bond auction today
3-line summary 5h ago · Investing.com + 4 more
SanDisk Unveils Long-Term Growth Strategy at Investor Day; Shares Rise 12% - SanDisk (SNDK) shares rose 12% after unveiling its long-term growth strategy at its 2026 Investor Day.
- The company set targets of mid-to-high teens revenue growth for 2028–2030, a non-GAAP gross margin of roughly 80%, and an adjusted free cash flow margin of about 50%.
- The unveiling helped ease investor concerns that had driven selling pressure following the previous week's earnings report.