Super Micro Shocks Market with Record $60B Orders and Sharply Higher Profit Margins
Super Micro expects gross margins nearly double previous guidance at 15-17%. Strong AI demand pushes backlog to record levels.
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#Earnings Movers↓
Genuine Parts Cuts Profit Forecast, Denies Takeover Rumors as Rivals Rise
Genuine Parts lowered its 2026 profit outlook amid weaker consumer demand. CEO Will Stengel denied rumors of a rival acquiring its automotive business.
Hasbro Raises Full-Year Outlook After Record Magic: The Gathering Quarter
Hasbro swung to a profit and raised its 2026 guidance after a strong second quarter led by Magic: The Gathering. Revenue jumped 16% to $1.14 billion, beating Wall Street estimates.
3M Raises Full-Year Guidance After Strong Q2 Earnings Beat
Adjusted organic growth hit 5.4% as Safety & Industrial surged.
GM Raises 2026 Profit Outlook for Second Time This Year on Strong Truck Demand
Strong Q2 results driven by premium trucks and cost cuts.
AMC Turns in Strongest Quarter in Years as Theaters Roar Back
AMC beats forecasts with record profits, strong movie demand, and a brighter future as theaters recover after the pandemic.