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The Latest Breaking News from Nasdaq

Freshworks turns profitable in Q2, revenue up 16%

The Nasdaq-listed company reported revenue of $237.4 million for the quarter ended June 30, compared with $204.7 million a year earlier. Operating income stood at $6.1 million in the quarter under US GAAP (generally accepted accounting principles), compared to a loss of $8.7 million in the year-ago quarter.

The Economic Times

Elon Musk Pulls Forward $1 Trillion Revenue Target for SpaceX as Revenue Jumps 92% — 'There's a Non-Zero Chance…'

Elon Musk on Tuesday said that Space Exploration Technologies Corp.’s (NASDAQ:SPCX) in-house forecast for hitting $1 trillion in annual revenue has been pulled forward to 2030 from 2031.

Benzinga

Dow Jones Tops 54,000 and Nasdaq Surges but Your 401(K) Rally Now Leans on a Handful of AI Stocks

The Dow topped 54,000 and the S&P 500 hit a record as tech rebounded, but the recovery in US retirement accounts now leans on a narrow set of AI stocks.

International Business Times UK

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Stocks Finish Sharply Higher on Strong Earnings and Push to Reopen Hormuz

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +1.79%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +1.71%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +3.32%. September E-mini S&P futures (ESU26 ) rose +1.79%, and September E-mini Nasdaq futures...

Barchart

Eli Lilly Could Swing $65.9 Billion After Earnings

Earnings are set to hit the tape in a tight window on Wednesday and the options market is already sketching out how much volatility traders are willing to pay for into the prints, according to Benzinga Pro.

Benzinga

AI Security Breaches Raise New Risks for Microsoft and Amazon’s Agent Push

OpenAI and Anthropic disclosed that advanced AI models escaped test environments and reached real organizations' systems, raising scrutiny for Microsoft and Amazon as they push autonomous AI agents to enterprise customers.

MarketBeat

SpaceX's $24.6 Billion Short Bet Sets Up High-Stakes Week for Leveraged ETFs

Leveraged single-stock ETFs tied to Space Exploration Technologies Corp Stock (NASDAQ:SPCX) are heading into what could be their most volatile week since the company’s blockbuster IPO, as Wall Street’s growing bearish bets collide with the aerospace giant’s first quarterly earnings report and a massive insider lockup expiration.

Benzinga

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Trillion-Dollar Countdown: The Math Behind AMD's Next Big Milestone

Advanced Micro Devices Inc. (NASDAQ:AMD) is trading into Tuesday’s Q2 earnings with a fresh set of numbers that make the trillion-dollar question impossible to ignore — and options traders are already betting the print itself could be the trigger.

Benzinga

How Anthropic and SpaceX Are Quietly Boosting Big Tech Profits

This earnings season, Big Tech didn’t just make money by selling cloud services, software and advertising. It also made billions because some of the company holdings sitting in its investment portfolio — such as Anthropic and Space Exploration Technologies Corp. (NASDAQ:SPCX) — became significantly more valuable.

Benzinga

EXCLUSIVE: SpaceX Earnings Reaction — 52% of Benzinga Viewers Say This Happens

For the first time since going public, space giant SpaceX (NASDAQ:SPCX) will report quarterly financial results Tuesday after the market closes. The highly anticipated event has analysts and investors trying to figure out what happens to the stock during the trading day and after-hours trading session. Here’s what Benzinga viewers…

Benzinga

Stock Indices Rally on Strong Tech Earnings and US-Iran Peace Hopes

The S&P 500 Index ($SPX ) (SPY ) today is up +1.13%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +1.55%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +2.21%. September E-mini S&P futures (ESU26 ) are up +1.20%, and September E-mini Nasdaq futures...

Barchart

The AI Chip Stock Making a Quiet Move Toward Dominance

onsemi posted Q2 revenue growth of 9% and margin gains, plans to acquire Synaptics for physical AI, and shares rose over 5% as buybacks continue to support a price recovery.

MarketBeat

S&P 500 Posts a New Record High on Strong Tech Earnings

The S&P 500 Index ($SPX ) (SPY ) today is up +0.73%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +1.03%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +2.00%. September E-mini S&P futures (ESU26 ) are up +0.72%, and September E-mini Nasdaq futures...

Barchart

Will Elon Musk's Bullish Starlink Bet Help SPCX Recover? Billionaire Charts Ambitious Connectivity Plan Ahead of SpaceX Earnings

Space Exploration Technologies Corp. (NASDAQ:SPCX) is doubling down on its satellite connectivity goals as the Elon Musk-led company is preparing to launch its second-generation Direct-to-Device (D2D) service in the third quarter of 2027, according to filings with the Canadian government on Monday.

Benzinga

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Benzinga

Mark Cuban Turned to Grok to Test Zohran Mamdani's City-Owned Grocery Plan for NYC— and He Got a Rough Verdict

Billionaire investor Mark Cuban turned to AI chatbot Grok on Monday to test the economics behind New York City Mayor Zohran Mamdani‘s proposal for city-owned grocery stores, asking whether the concept could break even after estimating store margins and operating costs.

Benzinga

Alex Karp Rips Frontier AI Labs for 'Marxist Overtones' After Palantir's Blowout Earnings— Says They Want to 'Colonize Your Enterprise'

Palantir Technologies Inc. (NASDAQ:PLTR) CEO Alex Karp reiterated on Monday that he believes AI frontier labs are not trustworthy enough for enterprise use.

Benzinga

Elon Musk Says Zohran Mamdani Is a 'Thief' and a 'Liar' Over City-Owned Grocery Stores: 'AI & Robots Will Actually Deliver' Free Goods and Services

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk slammed New York City Mayor Zohran Mamdani‘s plan to run city-owned grocery stores across the Big Apple’s five boroughs on Monday, reaffirming his prediction that robots and artificial intelligence (AI) will provide free goods and services.

Benzinga

Palantir Stock Soars Nearly 15% After Hours as Company 'Smoked Expectations' on Earnings, but Jim Cramer Questions if 'Old Days' Still Viable

On Monday, Palantir Technologies, Inc. (NASDAQ:PLTR) shares surged nearly 15% in after-hours trading as Wall Street commentators praised the AI software company’s blowout second-quarter results and raised outlook.

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Barchart

Stocks Settle Sharply Higher as Middle East Tensions Ease

The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +1.48%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +1.32%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.78%. September E-mini S&P futures (ESU26 ) rose +1.49%, and September E-mini Nasdaq futures...

Benzinga

SpaceX Could Swing $204 Billion After Earnings

Earnings are set to hit the tape in a tight window on Tuesday, and the options market is already sketching out how much volatility traders expect once results and guidance land, according to Benzinga Pro.

Benzinga

Careful MSFT, AMZN, ORCL Bulls: Trouble at OpenAI, Anthropic Could Trigger 'Sustained' AI Selloff, 'Big Short' Legend Says

Steve Eisman, the investor made famous by “The Big Short,” says the next leg down in the AI trade may start with two companies that aren’t publicly traded.

Benzinga

Semiconductor ETF SOXX’s Worst Month Since 2002: 'A Significant Discount,' Ed Yardeni Says

A monthly loss last recorded during the dot-com unwind has returned to the semiconductor complex, and it arrived while the sector’s earnings estimates were still rising.

MarketBeat

5 Tech Stocks Holding Their Ground Through the AI Trade Pullback

Amid the AI-driven Nasdaq correction, Datadog, HPE, Dell, NetApp, and Cisco have shown relative technical strength, with most trading near highs ahead of earnings due within six weeks.

Benzinga

SpaceX Q2 Earnings Preview: Expert Says Report ‘Less About The Numbers and More About Elon Musk’s Vision’

For the first time since going public with a record-breaking IPO, space giant SpaceX (NASDAQ:SPCX) will report quarterly financial results, with earnings set for Tuesday after market close.

Barchart

Stocks Rally on Easing Geopolitical Risks and US Economic Strength

The S&P 500 Index ($SPX ) (SPY ) today is up +1.18%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +1.081%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.40%. September E-mini S&P futures (ESU26 ) are up +1.11%, and September E-mini Nasdaq futures...

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