Tesla beat Wall Street's delivery expectations by a wide margin in the second quarter of 2026 — and investors sold the stock anyway. The EV maker reported 480,126 deliveries for Q2, blowing past the analyst consensus of around 406,600 and its own company-compiled estimate of 406,024. Production came in at 451,758 vehicles. Despite the 18% beat, Tesla shares sank approximately 7% on Thursday, continuing a troubling pattern: the stock has fallen after each of the last three quarterly delivery reports. The numbers paint a picture of genuine momentum. Tesla delivered 25% more vehicles year-over-y...

The June jobs report delivered a significant shock to markets on July 2. The U.S. economy added just 57,000 nonfarm payrolls last month, less than half the 115,000 that economists had forecast. The unemployment rate moved to 4.2%. The miss is stark — and coming just one day after ADP reported only 98,000 private payrolls in June, it paints a consistent picture of a labor market that is decelerating more sharply than the consensus anticipated heading into summer. Context matters here. Goldman Sachs had estimated that World Cup-related hiring and seasonal tourism could boost the June figure by ...

Core Scientific (NASDAQ: CORZ) is no longer just a Bitcoin miner — and Wall Street is starting to price that in. On July 2, Insider Monkey reported that BTIG analyst Gregory Lewis raised his firm's price target on CORZ from $33 to $38, maintaining a Buy rating. From current levels, that revised target implies roughly 46% additional upside. The catalyst is a fundamental business pivot: Core Scientific is aggressively repositioning itself as a high-performance computing and AI colocation provider, moving away from its crypto-mining roots at a moment when AI data center capacity is critically sca...

Micron Technology (MU) has been one of the biggest beneficiaries of the AI infrastructure buildout — and according to analysis from InvestorPlace, the run may not be over. The memory chip giant has climbed from roughly $100 per share in 2024 to nearly $1,000 today, a tenfold gain that has left many investors wondering whether they've missed the move. Based on where AI spending is headed, the answer from the bullish camp is a clear no. The thesis rests on a fundamental shift in what's driving memory demand. Every previous boom cycle in chips — PCs, mobile, cloud — eventually hit a ceiling defi...

AeroVironment delivered a stunning fiscal fourth quarter on Tuesday, sending shares rocketing nearly 19% after the defense dronemaker posted revenue that more than doubled year-over-year to $642 million — crushing Wall Street's $402 million estimate for its autonomous systems segment. Funded backlog surged 65% to $1.2 billion, confirming that the revenue surge isn't a one-quarter event. CEO Wahid Nawabi told analysts that the company's growth opportunity has "never been stronger," and the numbers back it up. The results arrive at a pivotal moment for the defense drone industry. The U.S. Depar...

Nike delivered a better-than-expected fiscal fourth quarter on Tuesday, posting $10.97 billion in revenue against Wall Street's $10.86 billion forecast and adjusted earnings of 20 cents per share versus the 13-cent consensus estimate. The results offered the first encouraging sign in months that CEO Elliott Hill's turnaround plan is gaining traction — though China, Nike's second-largest market, continued to disappoint with a 12% year-over-year revenue decline. A major driver of the headline earnings beat was a tariff refund windfall: Nike expects a $986 million refund after the Supreme Court ...

Meta Platforms stock jumped 10% on Wednesday after the company revealed plans to launch a cloud computing business, selling its excess AI infrastructure capacity to outside customers. The move transforms Meta from a pure AI spender into a potential AI revenue generator — a shift that Wall Street has been waiting for as the company's capital expenditure plans have rattled investors throughout 2026. Meta has committed up to $145 billion in capital expenditure this year to build out data centers and secure graphics processing units for its AI operations. By standing up a cloud business — similar...

British defense stocks jumped sharply on Wednesday after UK Prime Minister Keir Starmer's government confirmed a near-$20 billion military spending package — one of the largest single defense investment commitments in UK history. Shares of BAE Systems, Babcock International, Chemring Group, and Cohort all moved higher as investors priced in a multiyear wave of government contracts. The announcement represents a major acceleration of the UK's defense posture, driven by ongoing geopolitical instability in Europe and NATO pressure on member states to hit 2.5% of GDP in defense spending.The scale ...

The U.S. labor market showed fresh signs of cooling Wednesday as ADP reported that private employers added just 98,000 jobs in June — meaningfully below the consensus forecast of around 130,000. The miss, reported July 1, marks a notable deceleration from recent months and could shift expectations ahead of Friday's official government nonfarm payrolls report. Hiring was concentrated heavily in healthcare-related sectors, while other industries showed broad weakness.The ADP National Employment Report tracks payroll changes at private U.S. businesses and has historically provided a directional s...

Micron Technology (NASDAQ: MU) has emerged as one of the clearest beneficiaries of the AI buildout, with shares pressing toward $1,000 as Wall Street finally catches up to what's driving this cycle. Unlike every previous memory boom — each of which was capped by how many phones or laptops consumers would buy — the current AI memory cycle has no ceiling. Every new AI agent requires its own context window, and that demand is compounding with every generation of hardware.The numbers tell the story. Nvidia's A100 GPU shipped with 80 gigabytes of memory. The H200 stepped up to 151 GB. Today's Black...