Arista Networks Hits First $3 Billion Quarter as AI Demand Supercharges Results
Arista Networks posts record $3.04B revenue and $1.02 adjusted EPS in Q2 2026, beating estimates as AI networking demand drives strong growth and higher guidance.
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Opendoor Misses Q2 Revenue and EPS Estimates, but Operational Metrics Improve
Operational metrics improve with path to Adjusted Net Income positive by end-2026.
Lucid Delays Affordable EVs to 2027, Launches $1.4 Billion Cost-Cutting Reset
Lucid grows Q2 revenue 56% but misses estimates. Company cuts production, targets $1.4B savings, and delays midsize EVs until late 2027.
Pinterest Warns of Slower Growth as Ad Giants Heat Up Competition
Pinterest posts $1.18B in revenue (+18%) and a record 640M users, but shares fall on a slower 13%-15% Q3 growth forecast amid rising ad competition.
AMD Beats Estimates and Guides Higher — But CapEx Shock Sends Shares Down
AMD beat estimates with record $11.5B in revenue and raised guidance, but shares dropped as CapEx surged to $808M—nearly three times forecasts.
SpaceX Blows Past Wall Street CapEx Forecasts With Massive AI Bet
SpaceX Q2 revenue jumped 92% to $7.8B, but $15.8B AI capital spending far exceeded expectations, sending shares lower in after-hours trading.