DraftKings Q2 Results Miss Expectations as World Cup Betting Cuts Into Profits
DraftKings Q2 revenue fell 5% to $1.44B, missing estimates, as winning bets and promotions weighed on results. Guidance held; handle up 15%.
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DraftKings Q2 revenue fell 5% to $1.44B, missing estimates, as winning bets and promotions weighed on results. Guidance held; handle up 15%.
Twilio beats expectations with strong Q2 growth, boosted by Voice AI demand, higher customer spending, and raised full-year forecasts.
Strong cloud demand powers Atlassian’s Q4 beat. Revenue +28%, cloud +31%. Founder plans $250M share purchase as stock surges.
Instacart reports strong Q2 2026 results: GTV up 14% to $10.35B, beating estimates. Advertising grows 16%, guidance exceeds forecasts on solid demand.
Serve Robotics stock plunges after Q2 results and a sharp cut to full-year 2026 revenue guidance over Uber Eats weakness.
Rigetti reported solid Q2 2026 results with $5.1M revenue and $541M in cash. Highlights include HPE collaboration and $100M U.S. funding LOI, yet the stock declined on a modest revenue miss.