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Uber Cashes in on 8 Million World Cup Travelers, but Guidance Sours the Party

Uber Technologies Inc. (NYSE:UBER) stock fell in premarket trading Wednesday after the ride-hailing and delivery company reported second-quarter 2026 results that largely met expectations but offered third-quarter earnings guidance below Wall Street forecasts. Second-Quarter Results Uber reported revenue of $14.19 billion for the quarter, up 12% from a year earlier but slightly below the analyst […]
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Wall Street Is Falling Out of Love with the AI Trade — Here’s Why

The S&P 500’s headline calm has masked a sharp internal reshuffle, with money rotating away from crowded AI-linked trades as investors start demanding clearer evidence that heavy spending will turn into profits, according to JPMorgan Private Bank’s Global Investment Strategist, Kriti Gupta. That shift is playing out even as aggregate earnings growth reached 47.4% and […]
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SPX Technologies Stock Jumps After Surprising Q2 Results

SPX Technologies Inc. (NYSE:SPXC) shares are advancing Friday after the industrial technology company shattered second-quarter expectations and followed up with a full-year guidance revision that pushed both its earnings and revenue outlooks well past what analysts had been modeling. SPX Technologies stock is among today’s top performers. Why are SPXC shares rallying? SPX Technologies Delivers […]
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Garmin’s Fitness Business Explodes 25%, Stock Surges

Garmin Ltd. (NYSE:GRMN) stock climbed in Wednesday trading after the company reported stronger-than-expected second-quarter 2026 results, raised its full-year outlook and expanded margins. The maker of GPS navigation devices and wearable technology reported revenue of $2.02 billion, up 11% from a year earlier and above the analyst consensus estimate of $1.90 billion, according to Benzinga […]
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Crypto Trader Sells $2.5M In Ferraris To Buy More Bitcoin

Crypto influencer and trader Carl Runefelt, known as “The Moon,” said he sold two Ferraris worth a combined $2.5 million to increase his exposure to Bitcoin (CRYPTO: BTC). Historically Significant Support Zones In a podcast on Friday, trader Runefelt argued that Bitcoin is approaching one of its most historically significant support zones. He pointed to […]
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Verizon Gains Subscribers Without Price Wars, Raises Outlook

Verizon Communications Inc. (NYSE:VZ) reported second-quarter results Friday, with adjusted earnings beating Wall Street estimates while revenue narrowly missed expectations as customers held onto their phones longer, reducing equipment sales. Adjusted earnings came in at $1.30 per share, above the analyst consensus estimate of $1.27, according to Benzinga Pro. Revenue totaled $34.25 billion, missing the […]
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Bitcoin Long-Term Holders Hit Record Supply as ETFs Add $203M: What’s Going On?

Bitcoin (CRYPTO: BTC) long-term holder supply hit a new all-time high, according to CoinGlass, even as price pulled back from a one-month high on rising oil prices. What Is The Long-Term Holder Data Saying? Long-term holders are accumulating at record levels even as short-term price action stays choppy. Crypto analyst Ali Martinez flagged $69,340 as […]

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