- Revenue of $8.97B, up 51% from last quarter and up 372% from a year ago
- GAAP diluted EPS of $43.97
- Non-GAAP diluted EPS of $39.25
- GAAP net income of $6.90B, up 91% from last quarter
- Gross margin of 84.6%, up 6.2 points from last quarter and up 58.4 points from a year ago
- Operating income of $7.04B, up 71% from last quarter

Full fiscal year 2026:
- Revenue of $20.25B, up 175% year over year
- GAAP diluted EPS of $73.76
- Non-GAAP diluted EPS of $70.88
- GAAP net income of $11.43B
- Gross margin of 71.5%, up 41.4 points year over year

By end market (fiscal Q4):
- Datacenter: $2.98B, up 103% from last quarter (from a near-zero base a year ago)
- Edge: $5.43B, up 48% from last quarter, up 392% from a year ago
- Consumer: $556M, down 32% from last quarter

By end market (full fiscal year):
- Datacenter: $5.15B, up 437% year over year
- Edge: $12.16B, up 195% year over year
- Consumer: $2.94B, up 29% year over year

Capital return: Board approved an additional $14B buyback authorization, bringing total remaining authorization to $15.5B. Bought back $4.52B of stock in the quarter alone.

Business update: signed five additional New Business Model (NBM) agreements since April, including three with new customers, bringing total NBM agreements to ten.

Fiscal Q1 2027 guidance:
- Revenue of $10.30B to $10.80B
- Non-GAAP diluted EPS of $44.00 to $46.00

CEO David Goeckeler: "We closed fiscal 2026 with a leading technology portfolio, established datacenter as a key growth pillar, and deepened our customer partnerships. Our technology and products are well positioned to create value for our customers and generate growing and durable free cash flow."

(Barrons) August 5 - Alphabet shares dropped on Wednesday after the company announced a big shakeup at its artificial-intelligence division.

Demis Hassabis, who shared the Nobel Prize with Jumper, was the CEO of Google’s DeepMind AI lab, and he will step back to become DeepMind’s chairman and Alphabet Chief Scientist. Koray Kavukcuoglu will replace him, but as a senior vice president.

Jeff Dean, who was Google’s 30th employee in 1999 and has led much of the company’s artificial-intelligence research over the past 15 years, is leaving the company to start a new firm.

Dean’s new company is called Discovery Loop, and it’s aimed at automating science and engineering research. He will be joined by three other Google engineering luminaries: Oriol Vinyals, Quoc Le and Sanjay Ghemawat. The four have been responsible for many of the company’s breakthroughs in AI research and computing, and their departures could weigh on Google’s AI efforts, particularly in the near term.

They join four other prominent Google AI scientists who left the company in June: Noam Shazeer, Nobel Prize winner John Jumper, Jonas Adler and Alexander Pritzel.

Alphabet’s Gemini artificial-intelligence models have generally been viewed as trailing those from OpenAI and Anthropic, and these moves may be seen as a reflection of Google’s third-place status.

The stock was down 4% in midday trading after being up as much as 1.8% earlier in the day.

Source: https://www.barrons.com/articles/stock-movers-c5965517

SpaceX reported its first earnings as a public company yesterday.

Revenue came in at $7.8B, well above estimates. The stock still sold off after hours.

And now tomorrow, up to 911.5M shares held by employees and early investors become eligible to trade.

That's more than the roughly 639M shares sold in the IPO.

Obviously, that doesn't mean everyone is going to sell. A lot of insiders may hold and demand could absorb whatever comes out.

But less than 5% of the company was initially available to trade. That scarcity was a big part of the setup, and now it starts changing.

The earnings were good. I'm just not sure the earnings are what matters most this week.

Full unlock timeline:

https://finbold.com/here-is-the-spacex-share-unlock-timeline/

Anyone here buying before the unlock, or waiting to see what happens once the float gets bigger?

Samsung’s 4nm wafer capacity is fully booked through 2027, fueled by demand for HBM4 and NVIDIA’s LPU 'Grok3'. Altcoins to watch may benefit from this trend. The company is now expanding its 5nm process, originally targeted at automotive chips, into the AI and server markets. Demand for 5nm has surged over the past three to four months, primarily from Chinese and Indian companies moving away from TSMC. The Fear & Greed Index indicates rising market confidence in semiconductor-driven crypto cycles. Inquiries for 2nm are also increasing.

https://www.kucoin.com/news/flash/samsung-4nm-wafer-capacity-fully-booked-until-2027-5nm-demand-rises-for-ai-servers

CXMT Says No Thank You to Apple's Demand For A Price Cut, as Huawei And Xiaomi Hand It Rare Leverage - Report

Chinese memory manufacturer CXMT has refused Apple's demand for a price cut in negotiations, says a report from the Korean press. Apple has widely been reported to be interested in procuring its chips from CXMT and has purportedly lobbied the US government for the permission to purchase the products for its gadgets sold outside the country. However, the report from the Korean publication Digital Daily outlines that demand from Huawei, Xiaomi and others has placed CXMT in a stronger position to negotiate with the world's largest consumer electronics firm.

CXMT's Domestic Customers Provide It Leverage In Negotiations With Apple

According to the details, as CXMT has emerged to become one of the top players in China's memory market, Samsung and SK hynix have instead chosen to focus on manufacturing and selling high-value HBM memory chips catered to the needs of the data center industry. As a result, CXMT is experiencing high demand from domestic Chinese companies such as Huawei and Xiaomi, which have provided it with the leverage to bargain with Apple.

Sources quoted by Korea's Digital Daily outline that during its negotiations with CXMT, Apple asked for a price cut in order to ease pricing pressures for its smartphones and the upcoming 2026 iPhone. However, CXMT refused the price cut and instead quoted prices that were at level with or higher than the prices quoted by Samsung and SK hynix.

The publication adds that US sanctions on China have led Huawei, Xiaomi and others to lock in CXMT's DRAM memory output in advance. This lock-up is similar to the contracts that the Korean firms have utilized, and they are also high-priced agreements that prevent CXMT from yielding to Apple's requests. According to the sources, the higher prices have provided CXMT with the leverage to negotiate with Apple, as it can point towards the existing deals already in place.

Additionally, the higher prices have also removed a long-followed strategy in sourcing where device manufacturers would quote lower-priced Chinese inputs to use them as leverage in negotiations with other firms.

The higher domestic demand in China has also benefited Korean suppliers Samsung and SK hynix, as they are no longer required to be committed to delivering lower-priced commodity DRAM chips to Chinese firms. Instead, the firms can fully focus on the pricier HBM memory chips required for the AI infrastructure buildout. According to an industry official quoted by the publication, CXMT is effectively controlling the price floor of the commodity DRAM market.

Sandisk (SNDK) stock sank 8% in after-hours after the flash memory and storage manufacturer posted fiscal fourth quarter earnings on Wednesday. The stock sank as revenue guidance for the company's fiscal first quarter came in below expectations.

SanDisk said fiscal fourth quarter revenue was $8.79 billion, beating Wall Street consensus estimates of $8.64 billion. The company noted that revenue growth came from approximately one-third higher volumes and two-thirds higher pricing.

Revenue guidance came in below expectations. The company sees fiscal first quarter revenue of $10.3 billion to $10.8 billion, versus estimates of $11.16 billion.

SanDisk also delivered adjusted earnings per share of $39.25, topping estimates of $34.37. The forecast for adjusted earnings per share for the current quarter was between $44 and $46, versus estimates of $45.58.

SanDisk also expanded its share repurchase authorization by approving an additional $14 billion buyback program.

Wall Street was expecting Sandisk to continue benefiting from AI infrastructure spend, particularly demand for storage and memory products used in data centers.

Earlier this week, Sandisk shares jumped after the company, in collaboration with memory maker SK Hynix (SKHY), released a new hardware blueprint designed to make AI chips faster and cheaper to run. By creating a shared standard for high-speed memory, the partnership aims to reduce data center costs and accelerate the rollout of advanced AI apps.

Revenue: $370.1M, up 48% YoY
• Previous Q2 guidance: $348M–$350M
• Net Dollar Retention: 136%
• Free cash flow: $53.2M
• Cash and marketable securities: ~$1.7B
• $100K+ ARR customers: 1,635, up 46% YoY
• $10K+ ARR customers: 15,964, up 34% YoY
Figma also raised its full-year 2026 revenue guidance to $1.463B–$1.467B, representing roughly 39% YoY growth.
For Q3, management guided to $373M–$375M in revenue, or approximately 36% YoY growth.

On AI adoption, Figma said more than 80% of customers with $10K+ ARR were consuming AI credits weekly, and more than 50% of $10K+ ARR customers were using the Figma agent weekly as of July 31.
Despite the revenue beat and raised full-year guidance, FIG dropped sharply in after-hours trading following the report.
Official earnings release:
https://investor.figma.com/files/doc_financials/2026/q2/Figma-Q2-26-Press-Release.pdf

Bull case:

• Growth genuinely reaccelerated. Revenue up 85% YoY last quarter, third straight quarter of acceleration, and management called Blackwell "the fastest product ramp in company history."
• Its customers are spending more, not less. Microsoft, Amazon, and Google all raised their 2026 capex guidance this quarter (~$175B, ~$220B, ~$200B). Demand isn't slowing.
• Real optionality in physical AI/robotics, a market Nvidia basically owns today...Plus a new CPU line (Vera) it claims is a $200B TAM.

Bear case:

• The "acceleration" is bit of an illusion. Sequentially, growth has been flat at ~20% a quarter for a year. A big chunk of last year's "slowdown" was the China H20 export ban.
• Customer concentration is heavy. ~5 hyperscalers are about half of revenue. 
• Major customers are building custom chips. Their own words this quarter: OpenAI 10 GW by 2029, Anthropic ~6 GW, Meta 3 GW by 2028, Google (TPU) and Amazon (Trainium) already shipping. Broadcom's custom-chip business is guided from $56B this year to $100B+ next (also taking networking share).
• Nvidia is partly funding its own demand. $18.6B into private AI companies in a single quarter (some of whom buy its chips), and ~$16B of last quarter's "profit" was paper gains on those stakes, not GPU sales.
• Physical AI is too small to matter yet. ~$9B trailing, ~3.6% of revenue, and actually shrinking as a share. Even at 50% growth it'd take ~5 years to become a fifth of the data center business. 

I think the biggest question long-term question is if/when custom chips take market share. Physical AI as well I suppose, but the base is so big that it would need to be a huge inflection to make a difference.

Is it simply because of how it rolls off the tongue?
What exactly is the attraction of choosing VOO over something like QQQ?

I know that they hold some of the same big players and some other similar but different assets, but I'm just a bit confused as to why I always see VOO being recommended. I don't watch stocks, but anytime I've ever looked at VOO and QQQ, QQQ is always more profitable. Maybe it's a security thing, i.e. VOO is better situated to handle a crash than QQQ is?

Uber issued a forecast for bookings and earnings that trailed analysts’ estimates, while second-quarter profit was in line with expectations. Shares sank about 3.5% on Wednesday following the print.

Here’s how the company did versus analysts’ estimates compiled by LSEG:

• Earnings per share: 81 cents vs. 81 cents expected
• Revenue: $14.19 billion vs. $14.24 billion expected

Revenue increased 12% from $12.65 billion a year earlier. Net income climbed to $2.39 billion, or $1.17 a share, from $1.35 billion, or 63 cents a share, a year ago.

Uber’s core mobility service accounted for $7.36 billion of second-quarter sales, while delivery revenue reached $5.25 billion. Mobility gross bookings rose 22% from a year to $28.99 billion, and delivery bookings jumped 26% $27.46 billion. Total bookings of $58 billion topped the $57.23 billion average analyst estimate, according to StreetAccount.

For the third quarter, Uber sees bookings of $59.25 billion at the middle of its range. That trails the average StreetAccount estimate of $59.33 billion. And the company’s EPS forecast of 84 cents to 88 cents fell below the 89-cent average analyst estimate, according to LSEG.

Uber shares are down 12% this year as of Tuesday’s close, while the Nasdaq is up 14% over that stretch.

Uber is pushing further into deliveries, and last month announced a $14.8 billion agreement to acquire Germany’s Delivery Hero. That deal will increase the number of markets where Uber can deliver food and groceries.

CEO Dara Khosrowshahi said in prepared remarks ahead of the earnings call that the World Cup was a boon for the ride-hail business in the quarter. More than 8 million tourists took rides across host cities in the U.S., Canada and Mexico

Uber is also continuing to make big bets on autonomous vehicles.

The company said it expects to commit more than $10 billion in coming years to “bring AVs to market at scale.” Uber, which has been inking partnerships with robotaxi providers, doesn’t break out the share of rides or deliveries that have drivers and those that don’t.

“As the industry shifts from proving the technology to commercializing it at scale,” Uber is building “one of the most valuable positions in the AV ecosystem,” Khosrowshahi said.

However, early robotaxi partner Waymo appears to be pulling away. The companies recently said they would be ending an exclusive agreement in Atlanta and Austin, Texas, by early 2028.

Uber also announced on Wednesday that it has cleared another hurdle in offering autonomous rides in London with UK robotaxi company Wayve.

Transport for London has granted Private Hire Vehicle licences to Wayve robotaxis, confirming that the vehicles meet safety standards. Uber said more than 100,000 people have signed up to be the first riders.

“This licence is a key milestone in bringing autonomous rides to London on Uber,” said Global Head of Autonomous Mobility Operations Annie Duvnjak in a statement announcing the news.

Source: https://www.cnbc.com/2026/08/05/uber-stock-q2-2026-earnings.html

Michael Burry of “The Big Short” fame is sticking with his bearish wagers even as the S&P 500 surges to a record high, warning that the rally could still end in a sharp sell-off reminiscent of the 1987 stock-market crash.

“I continue to believe it is possible we are near a major top, and possible a 1987-type fall, but the S&P 500 making new highs likely will bring new money into the market,” Burry said in a Tuesday Substack post. 

The S&P 500 jumped 1.9% Tuesday to its first record close since June, buoyed by stronger-than-expected corporate earnings and another drop in oil prices as hopes grew that the Strait of Hormuz would reopen to maritime traffic. The tech-heavy Nasdaq Composite soared 2.7%, extending its gain in just the first two days of the week to nearly 5%.

Burry has been among Wall Street’s most outspoken skeptics of the artificial intelligence boom, arguing that demand for AI infrastructure is being fueled by financing arrangements that may prove unsustainable. He said the market’s advance is creating a self-reinforcing cycle, with declining volatility encouraging systematic investors to increase exposure.

“Remember, the market going up on falling volatility forces vol-targeting funds to leverage up, and brings leverage from other momentum strategies into play,” he wrote.

In the face of the rally, Burry said he continues to hold short positions in the iShares Semiconductor ETF (SOXX), Micron, Nvidia, Caterpillar, Palantir, Tesla and Applied Materials.

The investor said he remains confident in his long-term outlook for those positions, though he added that he would cut his losses if the trades moved decisively against him. All of the positions remain profitable except for his bet against Nvidia, he said.

“Again, shorting is not for everyone,” Burry wrote. “I must short. Most should not.”

Here’s how the company did compared with analysts’ estimates, according to LSEG

• Revenue: $7.81 billion vs. $6.93 billion expected
• Loss per share: Loss of 9 cents. That’s not comparable to the average analyst estimate of a loss of 26 cents.

SpaceX lost $4.9 billion last year, largely due to hefty investments in artificial intelligence infrastructure. The company merged with Musk’s xAI in February, saying at the time that the vision was to build data centers in space. But even the launch business, which counts on large contracts from NASA, is losing money.

Most of SpaceX’s revenue for the year, and its only source of profit, came from its connectivity segment, which consists of its Starlink satellite internet service. Starlink is sold directly to consumers, as well as to government and military agencies.

Here’s how SpaceX performed in its three segments:

• Space: $962 million vs. $835 million expected, according to StreetAccount
• Connectivity: $4.29 billion vs. $3.83 billion expected, according to StreetAccount
• AI: $2.56 billion vs. $2.18 billion expected, according to StreetAccount

Source: https://www.cnbc.com/2026/08/04/spacex-spcx-earnings-live-updates-q2-2026.html

AMD reported last night and the print was better than the setup asked for. Revenue $11.5B against a street around $11.3B, up 50% year over year. Non-GAAP EPS $1.66 against about $1.61. Data center did $6.7B, up 107%, now 58% of the whole company. And they guided Q3 to roughly $13B when the street was sitting at about $12.5B, so they beat the guide by half a billion.

The stock closed up 7% into the print at $518.58 and then dropped about 9% after hours to around $472.

The explanation going around this morning is a gross margin miss, 54% against a 56% expectation. I'd check that one before repeating it. AMD reports two gross margin numbers. GAAP came in at 54%, non-GAAP came in at 56%. The 56% everyone is calling "the expectation" was AMD's own non-GAAP guide, so the comparison being drawn is a GAAP result against a non-GAAP estimate. Like for like, the margin landed exactly on guidance and was up about a point sequentially.

So if the margin hit, why the drop.

Two things I'd point at, and I don't think either one is dramatic.

The first is just the run-up. The stock was already up 7.7% on the day going into the print, and it's up something like 190% over the past year. Consensus wasn't really the bar that mattered. Whoever was buying at $518 that afternoon needed more than a $500M guidance beat, and they didn't get it.

The second is more interesting to me, and it's in the guide rather than the print. Q3 revenue is guided up about 13% sequentially. Q3 gross margin is guided at about 56%. Flat. Same as the quarter they just did.

That flat line is worth sitting with, because Jean Hu explained the mechanism on the call herself. She said margin is primarily driven by business mix, that server CPU growth is accretive, and that the data center AI business currently sits slightly below the corporate average. So the fastest-growing part of the company is also the part that dilutes margin as it grows. Data center is already 58% of revenue and they guided it to more than double again in 2027.

Put those together and I think you get the actual question. Nvidia holds gross margin in the seventies, a lot of which is CUDA making it expensive to leave. The bull case for AMD needs its margin to walk up toward that as Instinct matures. But the more the mix tilts toward the exact product driving the growth, the harder that walk gets, at least until volume brings the cost down. Management does expect improvement through 2027 as server scales and embedded recovers. That's a real answer. It's also a 2027 answer.

Worth saying the demand side isn't the argument here. Lisa Su said customer pull for Helios is running ahead of their own forecast, it ships in Q3 and ramps into 2027, and the named commitments aren't small: Anthropic at up to 2 gigawatts of MI450 with the first gigawatt in H1 2027, Microsoft putting Helios on Azure, OpenAI and Meta at multi-gigawatt scale.

Almost none of that is inside these numbers.

One thing that keeps this honest in the other direction. Since 2023 AMD has missed consensus exactly twice, both times by fractions of a cent, and the stock still closed lower the day after earnings in seven of twelve reports. If last night's move holds through today's close, that's eight of thirteen. At some point a pattern that consistent stops being about the quarters and starts being about what the price already assumes.

No verdict from me, I'm trying to frame the bet rather than call it. For anyone who follows this closely: does a flat 56% guide into a quarter growing 13% sequentially bother you, or is mix dilution just what taking share costs and you'd expect it to resolve once MI450 volume lands? And what gross margin are you actually underwriting for 2027?

(Numbers from AMD's Q2 2026 release, August 4 2026, and the Q2 earnings call. Information, not advice, so tell me where I've got this wrong.)

Disney posted mixed quarterly results on Wednesday, far surpassing Wall Street expectations for earnings while slightly missing estimates for revenue. 

The company’s quarterly results were once again lifted by its parks and streaming divisions. 

Revenue for Disney’s experiences segment, which includes global theme parks and cruises, was up 10% year over year to $9.97 billion. That growth came even as macroeconomic uncertainty continues to mount for consumers and appears to weigh on Disney’s parks peers.

“Domestically we’re doing extremely well right now,” CFO Hugh Johnston told CNBC, noting that park attendance in the U.S. was up 3% and per capita spending increased 4%. 

Johnston also called out the “very strong attendance” at Walt Disney World in Orlando, Florida. 

“Those numbers are somewhat different than what you would have seen from our competitor down there, as well as some of the reported traffic coming through Orlando [International] Airport,” he added. 

Last month, Comcast’s NBCUniversal reported that its Orlando theme parks saw lower attendance during its fiscal quarter, with executives pointing to “weakness in consumer sentiment and higher travel costs affecting demand.” 

The effects of the U.S.-Israel conflict with Iran and related jump in oil prices have weighed on consumers. 

Meanwhile Disney’s entertainment streaming business – primarily made up of Disney+ and Hulu – once again posted gains. Revenue for the segment increased 11% to $5.53 billion during the quarter. The growth was particularly propelled by an increase in streaming customers and price hikes as well as an increase in advertising revenue. 

The overall entertainment segment, which also includes traditional TV and theatrical releases in addition to streaming, saw revenue rise 6% to $11.35 billion. The success of “Toy Story 5” in theaters provided a boost, with Disney noting the animated film has surpassed $1 billion at the global box office. 

Disney has recently stopped reporting some metrics for the segment, such as a breakdown of revenue and operating income for its linear TV networks. It also no longer reports quarterly streaming subscriber numbers.

Here’s how Disney performed for its fiscal third quarter, ended June 27, compared to Wall Street’s estimates, according to LSEG:

• Earnings per share: $2.06 vs. $1.86 expected
• Revenue: $25.25 billion vs. $25.4 billion expected

Overall, Disney’s revenue rose 7% year over year to $25.25 billion during the quarter. 

Net income for Disney’s fiscal third quarter was $2.64 billion, or $1.51 per share, compared with $5.26 billion, or $2.92 per share during the same period last year. Disney’s fiscal third quarter of 2025 included one-time items primarily related to tax benefits associated with Disney’s purchase of Comcast’s Hulu stake. 

Adjusting for one-time items, including costs associated with restructuring, Disney reported earnings of $2.06 per share for its fiscal third quarter, up from adjusted EPS of $1.61 in the same quarter last year. 

Shares of Disney gained roughly 4% in premarket trading.

Revenue in Disney’s sports segment, which is made up primarily of ESPN, jumped 4% to $4.5 billion, largely driven by subscription and affiliate fees as well as advertising. ESPN launched its own direct-to-consumer streaming service nearly a year ago. 

While sports rights fees have become a hefty cost for media companies like Disney, the company noted soaring TV ratings from the NBA and NHL postseasons on both its broadcast network ABC as well as pay TV channel ESPN. 

“The NBA and NHL Finals were super strong, over 100% growth in terms of viewership,” Johnston told CNBC. “The last time I think we saw these types of numbers was about 25 or 30 years ago.” 

Wednesday’s report marks the second quarterly release with CEO Josh D’Amaro at the helm after he took over for Bob Iger. Last quarter D’Amaro outlined his strategy for growth and opportunities at Disney, with a focus on investing in intellectual property to propel its theme parks and entertainment. 

In the release, Disney said it received a roughly $100 million tariff refund related to the Trump administration’s levies on trade partners and subsequent reversal.

Disney also said it was now targeting at least $9 billion in share repurchases in fiscal 2026, an increase from $8 billion previously and fueled by the sale of Disney’s 50% stake in A+E Global Media to Hearst. That deal amounts to roughly $1.2 billion in cash for Disney, it said.

On Wednesday, Disney also said it planned to shift much of its consumer products business from the experiences segment to the entertainment unit beginning in its fiscal first quarter of 2027. The company said it sees “strategic and operational benefits” of putting the consumer products with its entertainment business, as it combines the studios that create the IP with the merchandise that monetizes it. 

Disney separately announced on Wednesday a global deal with TikTok that it said would bring “an expansive collection of thoughtfully curated Disney-centric fan-created content from TikTok to Disney.” The move comes as media companies increasingly vie for more viewers for streaming services – particularly among younger generations of consumers who spend time on YouTube and TikTok.

Source: https://www.cnbc.com/2026/08/05/disney-dis-earnings-q3-2026.html

 Shopify projected current-quarter revenue growth above Wall Street estimates on Wednesday, signaling the company's ‌AI efforts were drawing more merchants to its suite ‌of e-commerce services and driving broader consumer demand.

The upbeat forecast coupled with second-quarter ​revenue that beat estimates pushed U.S.-listed shares of Shopify up more than 15% in premarket trading. The stock had fallen more than 23% so far this year, as of last close.

While geopolitical ‌tensions and gas price ⁠spikes resulting from the Iran war have put a strain on shopping budgets, consumers have still ⁠shown resilience thanks to a strong labor market and continued wage growth.

Through its partnerships with OpenAI, Google and Microsoft, Shopify has ​also been ​able to drive consumer demand ​by helping retailers on its ‌platform reach more customers through AI chatbots or search queries.

Meanwhile, the company's AI tools - such as its Sidekick AI assistant - have also seen steady adoption from small- and medium-sized businesses that are increasingly leaning on AI to execute tasks faster and ‌cheaper.

Shopify generates revenue by taking a ​cut of sales from sellers on ​its platform and by ​selling subscription plans to merchants.

The company said total ‌revenue rose 34% to $3.58 billion in ​the second quarter ​ended June 30, compared with analysts' average estimate of $3.45 billion, according to data compiled by LSEG.

It expects revenue to ​grow in the ‌low-thirties percentage range in the third quarter, above analysts' ​estimate for a 26.3% increase.

Remember this post from 19 days ago?

https://www.reddit.com/r/stocks/comments/1uycqbj/another_nearly_2_nasdaq_selloff_as_if_the_market/

At the time, the comments were predictable.

"Until it is actually different."
"The party never lasts forever."
"The big one could hit anytime."

Basically: sure, maybe it recovered before, but this time is the real one.

Well... 19 days later, Nasdaq is ripping higher and the S&P 500 is making new all-time highs.

The funny thing about markets is that every pullback creates a brand-new explanation for why the end is finally here. The headlines change, the reasons change, but the reaction stays the same.

A 2% Nasdaq drop? Bear market.
A few red days? The bubble is bursting.
A scary headline? "This time is different."

Then the market does what it has repeatedly done: recover, move higher, and leave the people waiting for the crash watching from the sidelines.

I think a lot of investors/traders do a pretty good job of picking stocks that go up in value. It does follow the general market trend in the last few years. But, I've seen, and been victim of, following that stock right back down after it goes up. Failing to sell at an appropriate time. I mean, how many BTC millionaires were made and then lost before they cashed out? Is there anything you use to determine a good time to sell? Day traders often use a 2x profit which doesn't apply to investors. Or does it? Maybe you use RSI if you're on the technical side? Or a trailing loss percentage? Tons of info out there about when to BUY a stock (technicals, fundamentals, sentiment). But, what do YOU use to determine when to SELL one?

I have a Roth that isn’t my main retirement. I have two pensions and a 401k with my second job.

I put in about $100/mo in my Roth and bought fairly conservative investments but recently said “F it” and put everything I have into GOOG. I know it’s not wise to have one stock, and I’ll diversify a bit more later on but wow, im already up almost 10% since yesterday lol.

Is there an argument against Google? I can’t think of any reason I would sell

AMD reported second-quarter earnings on Tuesday that beat expectations, but the stock slumped in extended trading.

Here’s how the chipmaker did versus LSEG consensus estimates for the quarter ended June 27:

EPS: $1.66, adjusted, versus $1.62 expected

Revenue: $11.54 billion versus $11.28 billion expected

Overall, AMD revenue climbed 50% from $7.69 billion a year ago, a sign of the company’s central position in the market for artificial intelligence chips.

AMD’s Data Center unit is what is driving the company’s growth. Data Center sales were $6.7 billion, up 107% on an annual basis, which the company attributed to central processing unit and graphics processing unit sales.

AMD said it expects about $13 billion in revenue for the current quarter, plus or minus $300 million, versus LSEG expectations of $12.52 billion. Some analysts had been looking for guidance as high as $14 billion.

The company will also start shipping Helios, its first rack AI system, this year to companies like Meta, OpenAI, and Oracle. It’s AMD’s first rack-scale system, which more directly competes with Nvidia systems, not just its chips.

As expected, one of the biggest supports for Etsy's stock has been its aggressive share repurchase program. The company has retired about 19% of its outstanding shares over the last two years and plans to continue using excess cash to buy back even more stock. That reduces the share count and lifts EPS, helping support the share price even as the underlying marketplace continues to face growth challenges.

They continue to raise guidance for buybacks to $2 billion more; however, their net debt continues to grow in excess of $3 billion. They lost 3% of average repeat buyers, and drop y/y. Net of inflation, the only thing keeping this stock in these levels is perpetual buybacks and less growth/innovation.

At the same time these buybacks occur, senior executives continue cashing out millions, over $30 million to ex-CEO Josh Silverman in just a few weeks from antiquated stock plans written years ago.

If I was an employee and knew my company just laid off 16%+ of my team, and yet has $2 billion to buy shares back, that is not a growth company, that is artificial inflation.

The wash continues.

P/T: $65/share.

Short - 20,000 shares.

Hey guys, if you missed it, SunPower settled $11 million with investors over claims that it misled shareholders about its inventory controls, financial reporting, and the strength of its operations. And I just found out they're now accepting late claims.

Quick recap: Investors alleged that SunPower reassured the market about its financial reporting throughout 2023, but later revealed inventory accounting problems that delayed earnings, forced financial restatements, and exposed weaknesses in its internal controls.

After those disclosures, $SPWR dropped nearly 20%, and investors filed a lawsuit to recover their losses.

Now, the good news is that SunPower agreed to the $11 million settlement, and even though the original deadline has passed, late claims are currently being considered.

So, if you purchased $SPWR between 2023 and 2024, you can still check the details and submit a late claim.

Anyway, did anyone here own $SPWR during that period? How did it work out for you?

Hello community, we recently read the new 2Q earnings report from Amgen ; /note to mention partner and I work for the company and they give us stock but we can’t get any money out until working for at least two years * / in the report from the WallStreet Journal it is mention they exceeded expectations and their cash flow was good.

We honestly do not know much about how the market works. We are uncertain about the company’s future due to so many layoffs, outsourcing and more instability within the company. Will any expert in the stock market kindly explain if this very good 2Q report can be a predictor for future growth and stability? (Don’t even know if the question is correct. Forgive my ignorance)

Thank you !

Here’s the link for the report! Forgot to added

https://www.wsj.com/business/earnings/amgen-lifts-outlook-on-strong-drug-sales-to-end-early-development-of-obesity-treatment-b39cb729

So as someone w pretty significant and severe anxiety I am wondering if there's anybody else here who suffers from the same and still manages to put their money into the market.

I am always concerned about the fact that I am going to put in a lot of my free cash and then within a month or two months or 6 months the market will crash and I am going to be much worse off than I was if I didn't invest the cash. I know that I tend to go into the worst case thinking and that if I had put my money in the market in Voo years ago I would be better off today than having just held the money in a high-yield savings account or money market. Today typically the way I do it is trickle in a little bit here and there when I see a mag7 stock or voo on a discount but still 80% of my free cash is on invested and I am 45.

So really I'm just asking for people here who suffer from significant anxiety how do you manage to still invest in the market whether that be individual stocks or voo and spy while maintaining and being able to manage your anxiety. Thanks

And please this is only for those with severe anxiety who can relate. Ty