Earnings
Nike (NKE) beat earnings and revenue expectations, but shares fell after management warned of a near-term sales decline. Weakness in China, margin pressure, and slower turnaround progress shaped the market reaction to the update.
Earnings
Carnival shares moved higher after the company delivered a stronger-than-expected earnings report, reinstated its dividend, and pointed to solid forward bookings, helping ease concerns around leverage and industry oversupply.
Earnings
Accenture (ACN) delivered a solid earnings beat and strong AI bookings growth, but shares slipped as management held its full-year outlook steady, leading to a cautious market reaction despite clear operational strength.
Earnings
Micron shares jumped after the company delivered a strong earnings beat and issued revenue guidance far above expectations, highlighting tight memory chip supply and accelerating AI-driven demand that reshaped near-term market sentiment.
Earnings
Lennar shares fell after earnings showed sharply lower margins and cautious guidance, signaling that affordability pressures and heavy incentives are reshaping profitability across the U.S. housing market.
Business Trends
Coursera and Udemy announced an all-stock merger aimed at building a larger, enterprise-focused learning platform, as online education pivots toward AI-driven workforce training amid cooling consumer demand.
Macro
A softer U.S. labor market is changing how investors view stocks and interest rates. Rising unemployment and stalled hiring are lifting expectations for rate cuts, while raising new concerns about economic growth as 2026 approaches.
Business Trends
Affirm shares surged after the company confirmed its buy now, pay later partnership with Amazon was renewed through 2031, easing investor concerns and reinforcing long-term growth visibility amid improving profitability trends.
Investors weigh a bold cybersecurity bet against near-term risks. Shares of ServiceNow (NOW) fell sharply after reports surfaced that the enterprise software company is in advanced talks to acquire cybersecurity startup Armis for up to $7 billion. The potential deal, combined with a fresh analyst downgrade, has put the spotlight
Tesla is testing robotaxis with no safety monitors or occupants, a major autonomy milestone. TSLA rose about 4% as investors cheered progress on self-driving technology. Much of Tesla’s $1.5 trillion valuation is tied to autonomy and robotics expectations, not just EV sales.
Rivian Automotive (RIVN) unveils a custom AI chip and new autonomy models as investors take notice. Rivian is taking a major step toward in-house self-driving technology with a new AI chip and autonomy platform that sparked a sharp rally in the stock. Key Points * Rivian introduced a custom AI chip
Earnings
RH beat revenue expectations but missed earnings estimates for the quarter. Guidance for next quarter came in light, but free cash flow improved sharply. Investors appear focused on long-term growth initiatives, including international expansion.