Shares of the cloud communications firm are down sharply after its full-year earnings per share forecast for 2026 fell short of analyst expectations, overshadowing a second-quarter revenue and profit beat.
Shares of Flex fell sharply after the company's strong fiscal first-quarter results were overshadowed by underwhelming full-year guidance and a major leadership overhaul tied to its upcoming business separation.
Bernstein analysts have raised their second-quarter estimates for the US eCommerce sector after preliminary data indicated an 11% growth rate, a significant acceleration from previous quarters.
Ionis Pharmaceuticals reported second-quarter financial results that significantly surpassed analyst expectations, driving a pre-market rally as investors reassess the stock following a recent clinical trial setback.
A massive sell-off in AI-related stocks, triggered by Alphabet's increased capital expenditure forecast, wiped out a combined $500 billion from Alphabet and Tesla's market caps on July 23, signaling a potential turning point for the sector.
Shares of the medical technology firm jumped after it reported second-quarter adjusted earnings and revenue that surpassed analyst expectations, supported by record order growth and a strong backlog.
Shares of the defense contractor surged after the company reported second-quarter earnings and revenue that significantly surpassed analyst expectations, bolstered by a new Pentagon submarine contract.
WEC Energy Group reported second-quarter earnings that surpassed analyst expectations, but shares fell after the utility's revenue came in below forecasts and its full-year guidance offered no upward surprise.
The life sciences company surpassed analyst estimates for second-quarter revenue and profit, and lifted its full-year earnings forecast, signaling its restructuring efforts may be paying off.
