Earnings Miss Hits Avis Stock, While Verra Mobility Soars on Seven-Year Avis Deal
Avis reports Q2 miss but raises utilization to 72.6% and cuts fleet costs 4%.
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Bloom Energy Turns a Profit and Doubles Its 2026 Outlook as AI Data Centers Drive Growth
Fuel-cell maker Bloom Energy doubles revenue to $1.065B in Q2, turns profitable, and lifts full-year outlook amid strong hyperscaler demand.
Seagate Reports Blowout Results Powered by AI Storage Needs
AI demand lifts Seagate: Q4 revenue $3.63B, EPS $5.71. Company guides higher for next quarter as cloud providers expand.
Visa’s Payments Momentum Continues Despite Job Cuts and Restructuring Charge
Visa reports $11.6B revenue (+14%) and beats EPS estimates in fiscal Q3, while announcing 2,600 job cuts and a $563M restructuring charge.
Ford Lifts 2026 Guidance After Strong Truck Sales and Resilient Demand
Ford posted Q2 EPS of $0.42 and $48.3B revenue, beating forecasts. The automaker raised full-year adjusted EBIT guidance to $10–11 billion on strong pricing and resilient demand.
Court Dismisses Taylor v. Zillow Lawsuit, Clearing Major Overhang for Shares
Jefferies says the Taylor v. Zillow dismissal removes a major overhang. Buy rating and $60 target kept; little ops impact expected.