News
Market-moving headlines, updated throughout the day
Seagate Technology Drops 10% in Semiconductor Sector Selloff
Seagate Technology shares declined 10% as part of a wider semiconductor sector selloff, with the U.S. chip index falling 4%. The downturn reflects mounting investor nervousness around the massive costs of AI buildouts and elevated tech valuations, triggering volatility across global markets.
0
0
J.B. Hunt Posts Record Intermodal Volume, 41% Profit Surge
J.B. Hunt delivered record intermodal volumes and a 41% profit increase in Q2, fueled by a tight trucking market and shippers converting road freight to rail. Stricter driver regulations and rising costs have intensified capacity constraints, benefiting the company's rail-linked services. Management highlighted improved margins and strong demand for flexible capacity solutions.
0
0
United Microelectronics Begins Silicon Photonics Production in Singapore
UMC achieved mass production of silicon photonics wafers at its Singapore fab in partnership with SILITH Technology, targeting high-speed optical interconnects for AI data centers. The company plans to launch its own 12-inch silicon photonics platform by 2027, with Citi forecasting a 13% quarterly sales jump in Q2 2026 and improving gross margins.
0
0
Hut 8 Price Target Nearly Doubled on AI Data Center Deals
Benchmark nearly doubled its price target on Hut 8 to $165, citing the company's successful transition from Bitcoin mining to AI infrastructure. The upgrade follows two 15-year hyperscale lease agreements totaling $16.8 billion in contracted value, anchored by the Beacon Point AI data center campus in Texas.
0
0
Abbott Laboratories Raises 2026 EPS Outlook on Strong Device Growth
Abbott reported Q2 2026 revenue of $12.59 billion and adjusted EPS of $1.31, beating analyst expectations. The company raised its full-year adjusted EPS guidance to $5.45–$5.60 and highlighted momentum in higher-margin Medical Devices and Cancer Diagnostics, signaling a strategic shift away from Nutrition as continuous glucose monitoring sales exceeded $2 billion.
0
0
Bloom Energy Secures $1.7 Billion Fuel Cell Investment for AI Infrastructure
Industrial Development Funding (IDF) and Oaktree announced a $1.7 billion investment to deploy Bloom Energy's fuel cell technology for AI cloud infrastructure, specifically to power Nebius' AI computing operations. The project will provide dedicated behind-the-meter power generation using Bloom's fuel cells, addressing surging electricity demand from AI workloads. This expands IDF's collaboration with Bloom Energy to over $2.6 billion in total project value.
0
0
AST SpaceMobile Raises $1 Billion via Convertible Notes, Delays Satellite Timeline
AST SpaceMobile announced a $1 billion convertible debt offering with a 1.625% interest rate and 2034 maturity, marking its second such raise in 2026. The company also delayed its satellite deployment timeline, now expecting around 45 BlueBird satellites in orbit by early 2027 instead of year-end 2025. Investors reacted negatively to potential dilution and the extended timeline for commercial service.
GE Aerospace Raises Full-Year Outlook on Strong Q2 Results
GE Aerospace reported Q2 adjusted earnings of $2.02 per share and revenue of $12.63 billion, both exceeding analyst expectations. Strong performance in commercial services and equipment drove 24% revenue growth year over year. The company raised its full-year outlook across all key metrics.
0
0
Daily Analyst Ratings
Track how 1,000 Wall Street analysts rate stocks — updated daily.
See which S&P 500 stocks analysts expect to rise most.
From Your Watchlist
Latest SEC Filings
View All
J.M. Smucker FY2026: Operating Income Swings Positive Despite Margin Compression and Ongoing Sweet Baked Snacks Challenges
SJM
a month ago
Gen Digital Inc. (GEN) – Fiscal 2026 Form 10-K: Revenue Up 27% on MoneyLion Acquisition, $354M Litigation Reversal Boosts Profitability
GEN
a month ago
Ralph Lauren Reports Strong FY2026 Results with Double-Digit Revenue Growth and Margin Expansion
RL
a month ago