Stock Market & Financial News
$58M in crypto shorts liquidated in one hour as Bitcoin squeezes bears
The rapid liquidation of crypto shorts highlights the risks of high leverage, potentially leading to increased market volatility and cascading losses. $58M in crypto shorts liquidated in one hour as Bitcoin squeezes bears.
Samsara Inc. (IOT) Surpasses Q2 Earnings and Revenue Estimates
Samsara Inc. (IOT) came out with quarterly earnings of $0.2 per share, beating the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.12 per share a year ago.
IOT +2.7% Torrid Holdings (CURV) Reports Q2 Loss, Lags Revenue Estimates
Torrid Holdings (CURV) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to earnings of $0.02 per share a year ago.
CURV +10.13% Lululemon (LULU) Q2 Earnings Top Estimates
Lululemon (LULU) came out with quarterly earnings of $2.06 per share, beating the Zacks Consensus Estimate of $1.79 per share. This compares to earnings of $3.1 per share a year ago.
LULU -1.46% 
DocuSign (DOCU) Q2 Earnings and Revenues Surpass Estimates
DocuSign (DOCU) came out with quarterly earnings of $1.16 per share, beating the Zacks Consensus Estimate of $1.08 per share. This compares to earnings of $0.92 per share a year ago.
DOCU -1.05% 
Zscaler (ZS) Q4 Earnings and Revenues Top Estimates
Zscaler (ZS) came out with quarterly earnings of $1.19 per share, beating the Zacks Consensus Estimate of $1.09 per share. This compares to earnings of $0.89 per share a year ago.
ZS -1.1% 
Planet Labs PBC (PL) Tops Q2 Earnings and Revenue Estimates
Planet Labs PBC (PL) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of a loss of $0.02 per share. This compares to a loss of $0.03 per share a year ago.
PL +8.43% 
Tesla is asking people if they want to buy and run Cybercab fleets
Tesla published a form on Thursday for businesses interested in buying Cybercab fleets or providing infrastructure for its network, the latest sign that the company's aspirations for its gold-hued autonomous vehicle stretch beyond being a robotaxi operator.
TSLA +4.65% 
Adobe Names Anil Chakravarthy as Chief Executive Amid AI Transformation
Anil Chakravarthy has led Adobe's customer experience arm for the past six years and has led the development of several of the company's AI products.
ADBE -1.49% 
Asana, Inc. (ASAN) Q2 Earnings and Revenues Top Estimates
Asana, Inc. (ASAN) came out with quarterly earnings of $0.1 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.06 per share a year ago.
ASAN -3.47% 
ProCap Financial sells 50 Bitcoin to repurchase shares at 40% discount
ProCap's strategy of selling Bitcoin for share buybacks enhances shareholder value but risks depleting its Bitcoin reserves over time. ProCap Financial sells 50 Bitcoin to repurchase shares at 40% discount.
BlackRock's spot Bitcoin ETF IBIT rises nearly 6% with $300M in daily inflows
BlackRock's IBIT dominance underscores a shift towards institutional Bitcoin adoption, potentially stabilizing crypto markets with sustained demand. BlackRock's spot Bitcoin ETF IBIT rises nearly 6% with $300M in daily inflows.
Ambarella Q2 Earnings Call Highlights
Ambarella NASDAQ: AMBA reported fiscal second-quarter revenue of $108.1 million, up 7.7% sequentially and 13.2% from a year earlier, as record AI revenue and continued demand from automotive and IoT customers supported results. The company posted non-GAAP diluted earnings per share of $0.18, or non-GAAP net income of $8.2 million.
AMBA -2.35% 
American Outdoor Brands Q1 Earnings Call Highlights
American Outdoor Brands NASDAQ: AOUT reported a strong start to fiscal 2027, with first-quarter net sales rising 25.4% year over year to $37.3 million and adjusted EBITDA improving to $4.3 million from a $3.1 million loss a year earlier. The company maintained its full-year sales outlook while raising its adjusted EBITDA guidance, citing higher-margin product and channel mix, new-product demand and operating discipline.
AOUT +1.93% 
Concrete Pumping Q3 Earnings Call Highlights
Concrete Pumping NASDAQ: BBCP reported higher third-quarter revenue and adjusted EBITDA as demand for large commercial and infrastructure projects, including data centers, continued to support its U.S. operations. The company also raised its fiscal 2026 outlook and announced a regular quarterly cash dividend.
BBCP -0.3% 
eGain Q4 Earnings Call Highlights
eGain NASDAQ: EGAN reported fiscal 2026 revenue growth of 3% to $91.1 million as revenue from customers using its artificial intelligence offerings increased 20%. The company said it is shifting its reporting focus toward “AI customers,” defined as customers actively using one or more AI offerings, while its legacy non-AI business continues to decline.
EGAN -1.34% 
Smith & Wesson Brands Q1 Earnings Call Highlights
Smith & Wesson Brands NASDAQ: SWBI reported higher first-quarter fiscal 2027 sales and a return to profitability, citing demand across its consumer and professional firearms channels, increased product shipments and higher average selling prices.
SWBI +1.6% 
Torrid Q2 Earnings Call Highlights
Torrid NYSE: CURV reported second-quarter fiscal 2026 net sales of $231.7 million and adjusted EBITDA of $23.3 million, including an $11.1 million tariff refund benefit recognized in cost of goods sold. Excluding that benefit, adjusted EBITDA was $12.1 million, within the company's guidance range.
CURV +10.13% 
Oxford Industries Q2 Earnings Call Highlights
Oxford Industries NYSE: OXM reported second-quarter fiscal 2026 results that were within its expectations, as improved gross margin and adjusted earnings per share growth helped offset sales pressure across parts of its portfolio. The company also lowered its full-year sales and adjusted earnings outlook, citing continued weakness at Lilly Pulitzer and a cautious consumer environment.
OXM -1.77% 
Cardano retests $0.20 support – Should ADA traders buy the dip?
Cardano saw a steep retracement from the $0.258 local highs but has managed to defend its longer-term bullish outlook.
What's Behind Crypto's Stall as MSTR Resumes Bitcoin Purchases
As rallies in Bitcoin and Ethereum stall, Adam Lynch (@CharlesSchwab) takes investors through the price action of both to explain how "psychological levels" are playing a role in the sideways move. Along on Adam's radar: Strategy (MSTR) resuming Bitcoin purchases and perpetual futures for cryptocurrencies.
CRCW 0% 
EnQuest PLC (ENQUF) Q2 2026 Earnings Call Transcript
EnQuest PLC (ENQUF) Q2 2026 Earnings Call Transcript
ENQUF -2.78% 
Volkswagen plans 50,000 more job cuts amid biggest overhaul in its history
Volkswagen is planning 50,000 job cuts in roughly three years. It comes as European automakers face stiff competition from low-cost Chinese automakers.
VWAGY -1.17% 
G-III Apparel: Mixed Q2 Read-Across
G-III Apparel Group remains a Hold, reflecting a balanced risk-reward profile amid transition challenges. 2QFY27 saw a 9.6% revenue decline, missing estimates, but EPS outperformed on margin expansion and cost controls. Loss of key PVH licenses and European headwinds drive near-term sales and margin pressure, with Q3 guidance disappointing.
GIII -0.73% 
Tether Reports $1.3B Q2 Profit As Excess Reserves Reach $5.2B
Tether reported $1.3 billion in Q2 net operating profit in its latest BDO attestation statement, while excess reserves rose to $5.2 billion above full USDT backing. The figures keep Tether at the center of the stablecoin market's profitability and reserve debate.
How Battery Storage Is Powering Lithium Miner Momentum
Many sought-after metals have been logging significant price growth in recent months, and lithium is no exception. Key Takeaways: The price of lithium did quite well in August, as did the Sprott Lithium Miners ETF (LITP).
LTUM 0% 
Bitcoin tops $81,000 after Fed Governor Christopher Waller signaled support for keeping rates steady
Bitcoin broke above $81,000 after Fed Governor Christopher Waller said he may back rate cuts. This reduced the chances of a September rate hike.
U.S. Treasury's interventions show weakness: ‘Incredibly bullish for gold' – Adrian Day
While the U.S. Treasury Department has made massive waves with their two recent interventions – one targeting the yen, and the other long-term yields – these did next to nothing to solve the real problems plaguing the dollar and the debt, and gold will be the inevitable beneficiary, according to Adrian Day, president of Adrian Day Asset Management.
AAAU -0.66% 
This Japanese company made money on Ethereum, Solana, and XRP, but sold them anyway to keep its $121 million Bitcoin holdings
The ¥878.8 million exit left its crypto portfolio Bitcoin-only, yet management may deploy the cash beyond crypto.
Nobody Has Looked at the Fund Your 401(k) Picked for You at 25, So Here Are 3 ETFs a Grown-Up Would Choose Instead
Auto-enrollment handed you a default fund at 25 and you never looked back, but the investment your employer chose for you may already be working against your timeline and draining returns you will never recover.
BND -0.21% 
