Earnings
Brinker International shares climbed to a new all-time high as investors looked past a modest fourth-quarter earnings miss and focused on accelerating Chili’s traffic, sustained same-restaurant sales growth and fiscal 2027 guidance that came in above expectations.
Earnings
On Holding delivered strong direct-to-consumer growth and higher margins in Q2, but a revenue miss and reduced full-year sales outlook sent ONON stock sharply lower as wholesale growth lagged expectations.
Cryptocurrencies
The CLARITY Act faces a critical September 15 Senate vote after lawmakers delayed action before the August recess. Failure could postpone comprehensive U.S. crypto market-structure legislation into 2027, creating different implications for Bitcoin and crypto companies such as Circle.
Earnings
Sea Limited delivered 48% revenue growth in Q2 as Shopee commerce activity accelerated, Monee financial services expanded rapidly, and Garena strengthened. The broad-based growth outweighed an earnings miss and sent SE shares sharply higher.
Earnings
Hims & Hers raised its 2026 revenue outlook after Q2 sales jumped 38%, but HIMS stock came under pressure as its shift toward branded GLP-1 medications contributed to lower margins, weaker profitability and negative free cash flow.
Business Trends
Archer Aviation and Joby Aviation are pursuing increasingly different paths beyond electric air taxis. Archer’s Boeing deal is driving investor enthusiasm, while Joby’s $500 million Resonant Sciences acquisition deepens its defense exposure as JOBY shares fall.
Earnings
Rocket Lab posted record second-quarter revenue and a record $2.36 billion backlog, but RKLB stock came under pressure as a wider-than-expected loss, softer margin guidance, elevated spending and a narrowing window for Neutron’s first launch shifted attention toward execution.
Innovation & Tech
Meta Platforms is expanding its open AI strategy with Muse Glimmer, a compact model designed to run locally, as CEO Mark Zuckerberg argues that advanced AI should be broadly distributed rather than concentrated among a small number of institutions
Business Trends
Netflix nearly doubled U.S. advertising commitments during its 2026 Upfront, supported by strong demand for its series, films, live sports and 2027 FIFA Women’s World Cup inventory as the company expands its advertising technology and programmatic capabilities.
Innovation & Tech
Taiwan Semiconductor Manufacturing posted July revenue of about $14.5 billion, up nearly 45% year over year, as AI chip demand continues to drive growth. The strength is spreading across the semiconductor supply chain while TSMC expands into custom AI chips and physical AI.
Innovation & Tech
Intel plans to raise $15 billion through a common-stock offering as it expands manufacturing capacity to meet rising AI compute demand. Shares fell about 4% as investors weighed dilution against the capital needed for Intel’s foundry and manufacturing expansion.