SanDisk (NASDAQ: SNDK) enters its fiscal fourth-quarter earnings report — due Tuesday, August 5, after the market close — as one of 2026's most dramatic reversal stories. The memory and storage company's stock had surged roughly 439% year-to-date at its peak, riding the AI memory supercycle as demand for high-bandwidth memory chips hit unprecedented levels. Then came the crash: SNDK has plunged more than 50% from its 2026 high, touching the critical $1,000 support level in recent days, before staging a modest recovery heading into earnings. The question now confronting investors is whether the...

Amazon just crossed a historic threshold. In its second quarter of 2026, the company reported net sales of $200.6 billion — the first time in its history it has cleared the $200 billion mark in a single quarter. Revenue rose 20% year over year, easily topping the $196.5 billion Wall Street consensus. Adjusted EPS came in at $1.97, beating the $1.82 estimate. The market's reaction was swift and dramatic: AMZN stock surged 15.3% on the trading day following the report, its best single session in 11 years, adding roughly $390 billion in market cap in a single day. The engine behind the quarter i...

Advanced Micro Devices reports its second-quarter 2026 results tonight, August 4, after the closing bell — and the setup is unusually charged. AMD guided for approximately $11.2 billion in Q2 revenue, which would represent roughly 46% year-over-year growth. Wall Street analysts have nudged their consensus estimate slightly higher to $11.3 billion, setting up the classic scenario where AMD needs to beat its own guidance and the street number to avoid disappointing a market that has grown accustomed to upside surprises. The company’s Q1 came in at $10.25 billion with Data Center revenue up 57% y...

Reddit printed one of the clearest earnings beats of the entire Q2 2026 season — and the market absolutely torched the stock anyway. Revenue surged 61% year over year to $805 million, crushing the $745 million Wall Street consensus. Earnings per share hit $1.25, blowing past the $0.95 estimate, while net income came in at $253 million. The company beat on revenue, profit, guidance, and average revenue per user. RDDT still dropped 23%, its worst single-day decline since its 2024 IPO, closing around $136.What spooked investors wasn’t the income statement — it was the user table. Reddit’s U.S. da...

Apple delivered its best June quarter in company history on July 30, yet investors still punished the stock. Revenue came in at $109.4 billion, up 16% year over year, while diluted earnings per share hit $2.02, a 29% increase that was boosted by $0.11 in favorable tariff refunds. iPhone revenue surged 22% to $54.25 billion, and every single geographic segment posted double-digit growth. It was, by every headline metric, a blowout quarter — and AAPL still fell roughly 6% in the sessions that followed.The problem was a one-two punch of misses and caution. Apple’s Services division — the high-mar...

Oil prices cratered on Monday after U.S. President Donald Trump announced he was calling off a planned military strike on Iran in favor of resuming nuclear negotiations. Brent crude dropped as much as 7.3%, trading as low as $81.55 a barrel before stabilizing around $83.50 — a sharp reversal after crude surged nearly 25% in July alone, its biggest monthly gain since March, on fears of an escalating U.S.-Iran military conflict. WTI crude fell by a similar magnitude. The move wiped out a significant portion of the "conflict premium" that had been baked into oil prices over the past several weeks...

Palantir Technologies delivered a decisive earnings beat on Monday, August 3, reporting Q2 2026 revenue of $1.85 billion — well above the $1.81 billion analyst consensus and up significantly from $1.63 billion in Q1 2026, which itself represented an 85% year-over-year surge. Adjusted earnings per share came in at $0.35, topping the $0.28 Street estimate. The results mark Palantir's twelfth consecutive quarter of beating revenue estimates, cementing the company's reputation as one of the most consistent AI growth stories in the market. Options markets had priced in a move of up to 10% on the pr...

Amazon crossed a historic milestone on July 31, reporting its first-ever $200 billion quarter. Q2 2026 revenue came in at $200.6 billion, up 20% year-over-year, while operating income surged 43% to $27.5 billion. The headline that moved markets, however, was Amazon Web Services: AWS grew 37% to $42.2 billion in quarterly revenue — the fastest cloud growth pace since late 2021 — and delivered an operating margin of 39.4%. AMZN stock jumped roughly 9% in after-hours trading on Thursday and continued to hold gains into Friday's session, adding tens of billions in market cap in a single day. The ...

Microsoft delivered a landmark fiscal fourth-quarter earnings report on July 29, announcing that Azure cloud crossed $100 billion in annual revenue for the first time in company history. Azure grew 43% in the quarter — the fastest pace since early 2022 — handily topping the 40% increase analysts had forecast. The result sent Microsoft stock surging, with shares jumping sharply in after-hours trading and extending gains on July 30. The company reported total Q4 revenue of $90 billion, up 18% year over year, with EPS also beating consensus estimates.The Azure milestone is a watershed moment in t...

Meta Platforms reported Q2 2026 revenue of $60.8 billion on July 29 — a 28% year-over-year gain that topped the Wall Street consensus of $60.2 billion. But the headline number is where the good news ends for bulls. EPS of $6.18 missed the $7.22 estimate by 14%, and free cash flow cratered 91% to just $784 million — down from $8.55 billion in Q2 2025. Meta stock tumbled 9% to 11% in after-hours trading, a sharp reversal from what had been a strong year for the shares.The driver of the profit squeeze is unmistakable: AI infrastructure spending. Meta's capital expenditures hit $30.1 billion in th...