Tickerfunds

Breaking News

Aug 13, 2026

Cerebras Systems plunged 15.1% to $222.49 after the AI chipmaker reported weaker than expected revenue in the second quarter.

Total revenue increased 74% to $180.1 million from $103.3 million, net income swung to a loss of $450.5 million from a profit of $309.5 million, and diluted earnings per share swung to a loss of $2.98 from a profit of $1.91 a year a year ago.

The company estimated adjusted core revenue in the third quarter to range between $214 million and $216 million and for the full year to range between $880 million and $890 million.

The company guided the core negative operating margin for the third quarter to fall between 25% and 23% and, in the full year, to range between 19% and 17%.

CBRS

Cisco Systems decreased 6% to $116.40 after the networking equipment maker reported a strong fiscal fourth quarter report ending on July 25.

Revenue increased 18% to $17.3 billion from $14.7 billion, net income soared 51% to $3.9 billion from $2.6 billion, and diluted earnings per share jumped 52% to 97 cents from 64 cents a year ago.

The company cited AI-driven applications fueling a broad increase in demand as a "networking supercycle" accelerates.

Networking product orders soared 40% in the fiscal fourth quarter, marking the eighth consecutive quarter of double-digit growth.

The company declared a quarterly dividend of 42 cents to be paid on October 21 to shareholders on record on October 2.

Cisco estimated fiscal first-quarter revenue between $18.0 billion and $18.2 billion and diluted earnings per share to range between $1.08 and $1.10.

The company is capitalizing on a multi-year investment boom in AI infrastructure, as businesses, data center operators, and hyperscalers increase spending.

The company revised estimated orders from hyperscalers to $7.5 billion in the fiscal 2027, compared to $4.0 billion in the fiscal 2026.

The company estimated full-year fiscal 2027 revenue between $72.2 billion and $73.4 billion and diluted earnings per share between $4.00 and $4.06.

CSCO

Aug 12, 2026

CoreWeave soared 17.7% to $106.32 after the cloud computing infrastructure provider reported slightly better-than-expected adjusted margins in the second quarter.

Revenue increased to $2.7 billion from $1.2 billion, net loss expanded to $626 million from $290 million, and diluted loss per share increased to $1.14 from 60 cents a year ago.

Adjusted operating income decreased to $128 million from $200 million, and adjusted operating income margin eased to 5% from 16%, but it was ahead of market expectations.

CRWV

Super Micro Computer increased 9.2% to $34.52 after the server maker reported strong fiscal fourth quarter results ending in June.

Revenue soared to $11.1 billion from $5.4 billion, net income soared to $1.2 billion from $195 million, and diluted earnings per share advanced to $1.62 from 31 cents a year ago.

Net sales for the full fiscal year ended June 30, 2026, soared to $39.1 billion from $22.0 billion; net income for the fiscal year surged to $2.2 billion from $1.0 billion, and diluted earnings per share increased to $3.26 from $1.68 a year ago.

For fiscal year 2027, the company expects net sales in the range of $65.0 billion to $72.0 billion, confirming the sustained demand from AI-powered data centers.

Revenue in the fiscal first quarter ending in September to range between $14.5 billion and $15.5 billion, diluted earnings per share between 89 cents and 98 cents, and adjusted earnings per share between $1.01 and $1.10.

SMCI

Aug 11, 2026

Hims & Hers Health dropped 5.7% to $29.96 after the telehealth platform operator reported its results for the second quarter.

Revenue increased to $753.2 million from $544.8 million, net income swung to a loss of $86.3 million from a profit of $42.5 million, and diluted earnings per share swung to a loss of 37 cents from a profit of 17 cents.

The company estimated revenue in the third quarter to range between $880 million and $900 million and adjusted operating income between $75 million and $95 million.

For the full year 2026, the company estimated revenue to fall between $3.1 billion and $3.3 billion and adjusted operating income between $275 million and $325 million.

Plug Power soared 13.4% to $2.40 after the electrical equipment maker reported better-than-expected results in the second quarter.

Net revenue increased to $178.3 million from $174.0 million, net loss shrank to $190.1 million from $228.7 million, and diluted loss per share eased to 14 cents from 20 cents a year ago.

The hydrogen cell technology company raised its full-year 2026 revenue growth estimate to between 15% and 16%, and estimated operating earnings to return to positive in the fourth quarter, citing its solid order backlog.

PLUG

Aug 6, 2026

SanDisk Corp. dropped 10% to $1,222.45 after the company's muted guidance for the current quarter disappointed investors.

Revenue in the fiscal fourth quarter ending in June jumped to $8.9 billion from $1.9 billion, net income swung to a profit of $6.9 billion from a loss of $23 million, and diluted earnings per share were $43.97 compared to a loss of 16 cents a year ago.

For the fiscal year 2026, revenue jumped 175% to $20.25 billion from $7.4 billion, net income soared to $11.4 billion from a loss of $1.6 billion, and diluted earnings per share advanced to $73.76 from a loss of $11.32 a year ago.

Higher pricing, a mix shift to higher-value customers, and more than a fourfold increase in demand from data centers powered the revenue surge.

The company guided fiscal first quarter 2027 revenue in the range between $10.30 billion and $10.80, and adjusted diluted earnings per share to range between $44.0 and $46.0.

SNDK

Western Digital Corp. dropped 15.8% to $436.80 after the data storage company's current quarter slightly exceeded investors' lofty expectations, despite delivering solid quarterly results.

Revenue in the fiscal fourth quarter ending in June increased 44% to $3.7 billion from $2.6 billion, net income soared twelve fold to $3.2 billion from $243 million, and diluted earnings per share advanced to $8.21 from 67 cents a year ago.

The company guided fiscal first quarter 2027 revenue of $4.1 billion, non-GAAP gross margin of 55%, and non-GAAP diluted earning per share of $4.0.

WDC

Aug 5, 2026

SpaceX decreased 10.8% to $111.76 after the recently-listed rocket launch and connectivity company released its second quarter results.

The stock plunged after the massive surge in capital expenditures to $18.4 billion from $2.8 billion, driven by AI infrastructure investments, rattled investors.

Total revenue jumped to $7.8 billion from $4.1 billion, net loss shrank to $541 million from $1.0 billion, and diluted loss per share eased to 9 cents from 34 cents a year ago.

SPCX

AMD declined 8.5% to $474.45 after the advanced semiconductor company's second quarter results fell short of market expectations.

Revenue soared 50% to $11.5 billion from $7.7 billion, net income surged 163% to $2.3 billion from $872 million, and diluted earnings per share increased 156% to $1.66 from 48 cents a year ago.

The continued investment in data centers supported the business momentum in the latest quarter.

Data center segment revenue soared 107% to $6.7 billion, client and gaming segment revenue increased 6% to $3.8 billion, and embedded segment revenue jumped 19% to $977 million.

Chief Financial Officer Jean Hu highlighted that data center growth powered the performance, representing 58% of total revenue, and projected further sales acceleration in the second half of the year.

AMD expects third-quarter 2026 revenue to be approximately $13 billion, give or take $300 million. While the midpoint beats Wall Street's average consensus of roughly $12.5 billion, some investor expectations had priced in even higher outcomes, leading to a muted market reaction.

The midpoint of the revenue range represents 41% increase in revenue from a year ago and a sequential increase of 13%, and non-GAAP gross margin of 56%.

AMD