The US labor market delivered a shock on Friday as the Bureau of Labor Statistics reported that nonfarm payrolls fell by 23,000 in July — the first monthly job loss in months and a dramatic miss versus the 83,000 gain economists had forecast. Government employment led the decline, with federal and local government education roles shedding a combined 53,000 positions. The unemployment rate ticked down to 4.1% from 4.2%, but that improvement was driven in part by workers exiting the labor force rather than finding jobs — a nuance the market quickly picked up on.For investors, the headline number...

Honeywell Aerospace (Nasdaq: HONA) made a rough introduction to life as a standalone public company. Reporting its first independent quarterly results on August 5 — just five weeks after completing its spin-off from Honeywell International on June 29 — the aerospace and defense systems maker slashed its full-year guidance and reported a steep drop in GAAP earnings, sending shares tumbling as much as 23% intraday before closing down between 17% and 20% on the session.The headline numbers laid out the problem clearly. Q2 2026 organic sales grew 5% year-over-year to $4.5 billion, but that missed ...

Uber Technologies posted its strongest quarter on record in Q2 2026, with gross bookings topping $58 billion — a 22% jump year-over-year — and trailing twelve-month free cash flow surpassing $10 billion for the very first time. Despite those milestones, investors sent shares down more than 5% on August 5 after the company's third-quarter guidance landed just a hair below Wall Street's expectations, reigniting concerns about intensifying competition from autonomous vehicle operators.The guidance miss was razor-thin: Uber projected Q3 2026 gross bookings of $58.25 billion to $60.25 billion, for ...

Advanced Micro Devices delivered a blockbuster second quarter, reporting record revenue of $11.54 billion on August 4 — a 50% jump year-over-year and a 13% sequential increase. The results beat analyst expectations across the board and underscored AMD's rapid transformation from a PC-focused chipmaker into a bona fide AI infrastructure powerhouse. Non-GAAP EPS came in at $1.66, up 82% year-over-year, while non-GAAP gross margin expanded to 56% from just 43% a year earlier.The real story is AMD's Data Center segment, which more than doubled to $6.7 billion — a 107% year-over-year surge that now...

Sandisk Corporation (NASDAQ: SNDK) delivered record-breaking fiscal fourth-quarter results on August 5 — and the market punished it anyway. The NAND flash memory specialist reported Q4 FY2026 revenue of $8.97 billion, up 371% year-over-year, with adjusted earnings per share of $39.25 that crushed the $34.37 consensus estimate. Data center revenue surged 103% sequentially, fueled by explosive AI-driven storage demand. Despite the blowout numbers, SNDK stock tumbled approximately 13% on Thursday as investors fixated on one thing: the forward guidance.The issue is Sandisk's Q1 FY2027 outlook. The...

Eli Lilly (NYSE: LLY) delivered a stunning second quarter on August 5, blowing past Wall Street expectations on nearly every metric and raising its full-year revenue outlook. The pharmaceutical giant reported Q2 revenue of $22.97 billion — a 48% jump year-over-year that crushed the $20.69 billion consensus by more than $2.3 billion. Adjusted earnings per share came in at $8.38, towering above the $6.16 estimate — a 36% beat. The stock jumped roughly 6% on the news, pushing Lilly firmly back above the $1 trillion market cap threshold.The engine driving everything is Lilly's GLP-1 franchise — th...

AppLovin (NASDAQ: APP) shares plunged more than 17% on Thursday after the mobile advertising platform's second-quarter results came in just below expectations — a first stumble for a company that had been one of Wall Street's most celebrated AI growth stories. Revenue for Q2 2026 hit $1.924 billion, up an impressive 53% year-over-year, but fell roughly $11 million short of the $1.935 billion analyst consensus. Adjusted EBITDA also landed below the company's own guidance range, sending the stock to a new 52-week low near $108.CEO Adam Foroughi was candid on the earnings call: the miss "came dow...

The U.S. stock market surged to new all-time highs on Tuesday, August 4, with the S&P 500 closing at 7,737 — its first record since early June — while the Dow Jones Industrial Average crossed 54,000 for the first time ever, adding more than 900 points in a single session. The Nasdaq also climbed sharply. The rally was powered by a potent combination: blowout AI-driven earnings reports and fresh hopes for a deal to reopen the Strait of Hormuz, which has been a persistent source of oil-price volatility throughout 2026. Treasury Secretary Scott Bessent told CNBC that a deal to reopen the crit...

Today is a pivotal day for SpaceX investors. Thursday, August 6 marks the expiration of the first post-IPO lockup period for SpaceX (NASDAQ: SPCX), freeing an estimated 911.5 million insider shares — worth roughly $101 billion at current prices — for potential sale. The stock already fell 13–14% on Wednesday to close at $108.27, bringing SPCX down about 20% from its $135 June IPO price and nearly 44% below its post-listing peak. The share unlock could more than double the public float of the stock overnight, and that supply overhang is weighing heavily on sentiment heading into Thursday's sess...

Uber Technologies (NYSE: UBER) delivered a quarter that looked strong on the surface — but investors zeroed in on the cracks beneath. The ridesharing and delivery giant reported Q2 2026 revenue of $14.19 billion, up 12% year over year, while gross bookings hit $58 billion, topping the Wall Street consensus estimate of $57.23 billion. The company also set a company record with $10 billion in free cash flow for the quarter. Yet shares fell roughly 5–6% after the report as traders focused on what lies ahead rather than what just happened.The trouble came from Uber's third-quarter guidance. The co...