DoorDash Beats Forecasts: Q2 Orders Stronger Than Expected
DoorDash beat profit expectations, raised its outlook, and demand remains strong despite higher fuel cost support for drivers.
DoorDash beat profit expectations, raised its outlook, and demand remains strong despite higher fuel cost support for drivers.
Beyond Meat missed earnings, stock fell 9%. Sales weak, losses high, but costs improved. Demand for plant meat still low.
Arm Holdings hit record $1.49B revenue (+20%), driven by chip licenses and AI demand. New AI chips and big partners fuel strong growth.
AMC beat expectations: revenue up, losses smaller, more people going to movies, strong recovery signs, stock rose.
NANO Nuclear and Supermicro signed an MOU to explore using small nuclear reactors to power AI data centers. Early stage, no revenue yet.
Hut 8 signed a $9.8B deal to build a huge AI data center, shifting from Bitcoin mining to powering big tech AI systems.