Spotify Hits 300 Million Subscribers, But Shares Drop on Soft Outlook
Spotify forecasts weaker Q3 profit and slower user growth in North America and Europe, sending shares lower despite solid second-quarter results.
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Bending Spoons Buys Airtable for $1.285 Billion Just Weeks After Going Public
Equity value reaches ~$2.25B with cash.
Nike’s Turnaround Hits Fresh Roadblocks as JPMorgan Flags $1B China Hit
JPMorgan cuts Nike’s rating, warning that China issues, weak sales, and slow recovery may hurt profits through 2028.
onsemi Beats Q2 Estimates, Projects AI Revenue to More Than Double
onsemi’s AI data center segment is its fastest-growing business. The company projects revenue from this area will more than double in 2026 after strong Q2 results.
Voyager Beats Expectations: Record Q2 Results and Higher 2026 Guidance Spark Rally
Voyager Technologies posts record $335.5M backlog and $113M bookings, driven by $84.3M Golden Dome awards and new Agentic AI contracts.
Snap Beats Expectations as World Cup Ads and Subscriptions Drive Growth
Snapchat parent posts $1.60B revenue, beats forecasts. Shares jump as ads and Other Revenue surge 85%.