Stock Market & Financial News
Snowflake Stock Soars as Surging AI Demand Boosts Earnings
Snowflake stock is surging on signs that enterprise AI demand is driving big gains for its business.
SNOW BlackRock's Bitcoin ETF barely beat the S&P 500 after putting investors through a 53% crash
IBIT's 1.60-point lead masked a maximum decline nearly three times as deep as the S&P 500 fund's.
S&P 500 Q3 Earnings Preview: Earnings and Revenue Growth Expected to Surge
For 2026 Q3, the expectation is that total S&P 500 earnings will increase +23.0% from the same period last year on +11.1% higher revenues, with 14 of the 16 Zacks expected to enjoy positive earnings growth and 6 sectors producing double-digit growth.
GOOG Solana ecosystem braces for nearly $100M in token unlocks this September
Solana's token unlocks could lead to market volatility, affecting token prices and investor sentiment, especially with political influences at play. Solana ecosystem braces for nearly $100M in token unlocks this September.
TT Electronics plc (TTGPF) Q2 2026 Earnings Call Transcript
TT Electronics plc (TTGPF) Q2 2026 Earnings Call Transcript
TTGPF 
Five Below (FIVE) Q2 Earnings and Revenues Top Estimates
Five Below (FIVE) came out with quarterly earnings of $1.68 per share, beating the Zacks Consensus Estimate of $1.34 per share. This compares to earnings of $0.81 per share a year ago.
FIVE 
Phreesia (PHR) Q2 Earnings and Revenues Lag Estimates
Phreesia (PHR) came out with quarterly earnings of $0.03 per share, missing the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.01 per share a year ago.
PHR 
Matrix Service (MTRX) Q4 Earnings and Revenues Miss Estimates
Matrix Service (MTRX) came out with quarterly earnings of $0.16 per share, missing the Zacks Consensus Estimate of $0.17 per share. This compares to a loss of $0.28 per share a year ago.
MTRX 
PVH Second-Quarter Revenue Falls on Pressure From Iran War
The owner of Tommy Hilfiger and Calvin Klein reported a second-quarter loss of $102.9 million, compared with a profit of $224.2 million a year earlier.
PVH 
Petco Health and Wellness Q2 Earnings Call Highlights
Petco Health and Wellness NASDAQ: WOOF reported second-quarter fiscal 2026 sales of $1.5 billion and adjusted EBITDA of $122 million, as the retailer posted its second consecutive quarter of positive comparable sales and continued efforts to reduce debt.
WOOF 
Argan Q2 Earnings Call Highlights
Argan NYSE: AGX reported record second-quarter results for fiscal 2027, with revenue, net income and adjusted EBITDA rising sharply as activity increased across its power, industrial and Teledata segments.
AGX 
C3.ai Q1 Earnings Call Highlights
C3.ai NYSE: AI reported first-quarter fiscal 2027 revenue of $52.4 million, above its prior guidance, as the enterprise AI software company said its restructuring efforts, federal-sector momentum and product focus helped improve operating efficiency.
AI 
ChargePoint Q2 Earnings Call Highlights
ChargePoint NYSE: CHPT reported second-quarter fiscal 2027 revenue of $116 million, exceeding its prior guidance range of $100 million to $110 million, as stronger hardware shipments and higher home charging sales lifted results. Revenue rose 14% sequentially and 18% from a year earlier, marking the company's fourth consecutive quarter of year-over-year growth.
CHPT 
Phreesia Q2 Earnings Call Highlights
Phreesia NYSE: PHR reported second-quarter fiscal 2027 revenue growth and continued profitability expansion, while maintaining its full-year revenue and adjusted EBITDA outlook. The company said it generated positive operating and free cash flow for the ninth consecutive quarter and used its cash generation and available cash to reduce debt principal by more than $23 million.
PHR 
Tilly's Q2 Earnings Call Highlights
Tilly's NYSE: TLYS reported fiscal 2026 second-quarter results marked by double-digit comparable sales growth, wider gross margins and a significant increase in profitability, while management said momentum continued through the key back-to-school period.
TLYS 
McGraw Hill acquires Teachally, an AI startup for teachers led by Seattle tech vet Daniel Bernstein
McGraw Hill has acquired Teachally, a five-person startup whose AI tools help teachers build and customize lessons, assignments and assessments aligned to state standards.
MH 
500M XRP leaves Binance since November 2025 – But sell pressure keeps price down
XRP faces continued selling pressure even as falling Binance reserves and whale-led withdrawals tighten exchange supply.
Schroders turns bullish on gold as debt, inflation and currency risks outweigh elevated real yields
After taking profits and moving to the sidelines in May, analysts at Schroders announced in late August that they had upgraded their view on gold, re-establishing a position in the precious metal.
SHNWF 
Bitcoin Miners Shift Focus to AI Amid Declining Hashrate, Says CEO
Bitcoin's hashrate is in its first real bear market.
Bitcoin Miners Pocket $1B in August, but Halving Pain Still Lingers
According to metrics, last month, bitcoin miners logged their best month in revenue since May, capturing $1 billion in profits between the subsidy and fees. The strong earnings were fueled by bitcoin's price rising 24.95% in August, giving mining operators some much-needed breathing room.
Google spared from ad-business breakup, but judge orders changes to how it operates
The Justice Department has spent years attempting to break up Google's gargantuan advertising business across two separate antitrust lawsuits: one filed in 2020 focused on Google's dominance in search, and a second filed in 2023 that specifically targeted Google's ad-technology business. Both cases argued that the search giant's grip on the digital ad economy represents an illegal monopoly.
GOOG 
Nvidia's stock is climbing as investors get more confidence in an expanding base of AI customers
Nvidia's stock got a boost from Dell Technologies' earnings on Wednesday, with analysts noting that the server maker's commentary helped validate Nvidia's view of a robust and expanding artificial-intelligence market.
NVDA 
Japan's Remixpoint Dumps Ethereum, XRP in Shift to Bitcoin-Only Treasury
The Japanese company booked a ¥117.8 million profit after selling its ETH, SOL, XRP and DOGE, leaving roughly 1,506 BTC as its only cryptocurrency holding.
Crypto Commentator Says He Will Buy More ADA Despite Growing Cardano Criticism
Cardano (ADA) traded flat on Tuesday after a turbulent week, with the token down more than 11% over the past seven days.
How a 70-Year-Old's $6,980 Monthly Check From SCHD, JEPQ, and QQQI Gets Taxed Three Different Ways
Three popular income ETFs can deposit identical-looking checks while the IRS quietly applies three separate tax treatments, and the wrong account placement can cost a retiree thousands before a single share is sold.
SCHD 
CryptoQuant Signals Bitcoin Reversal as Large Buyers Absorb Retail Selling
CryptoQuant's Bitcoin Cycle Momentum indicator has turned positive after eight months in bearish territory, signaling a possible shift in the market cycle. At the same time, wallets holding more than 100 BTC accumulated around 60,000 BTC during August, while smaller holders reduced their positions.
Berkshire Is Making a Big Bet on Google. This Is Why, According to CEO Greg Abel
Google's position as a “significant player” in AI was a “fundamental” reason behind Berkshire Hathaway's decision to invest in the tech giant, according to CEO Greg Abel.
BRK-A 
Zcash Overtakes Dogecoin to Become 10th Largest Crypto – Analyst Explains ZEC's $40 to $850 Journey
Zcash has surpassed Dogecoin to become the 10th-largest crypto asset. The analyst highlighted opportunities that come with such market development.
JEPI's 8% Yield Hides a $3,600-a-Year Tax Penalty Versus Owning the Same Stocks Directly
JEPI's fat monthly distributions look like a win in any taxable brokerage account until you see what the IRS quietly takes before that check reaches you, and how the math compares against owning the exact same stocks a different way.
JEPI 
Dutch central bank moves 86 tonnes of gold from U.S., Canada to London
Against a backdrop of growing economic and geopolitical uncertainty, including rising trade tensions between Canada and the U.S., one European central bank is taking steps to improve the liquidity and accessibility of its gold reserves, moving some of its holdings from New York and Ottawa to London.
AAAU 
