All articles tagged with #stock
Dick's Sporting Goods shares fell after it cut its full-year outlook, citing a challenging retail backdrop; the move comes as the Q2 earnings season winds down and Nvidia remains a market focal point, with earnings for S&P 500 companies seen rising about 50% year over year on AI-driven momentum, while investors await updates from other retailers like Dollar Tree and Kohl's.
Ahead of Nvidia’s earnings, markets are priced for a strong show, but the stock has often fallen after earnings in recent quarters. Analysts say a valuation rerating will likely hinge on a new narrative—NVIDIA’s potential leadership in open-source AI and on-device inference—rather than earnings numbers alone, with UBS projecting potential EPS of over $15 in 2027 and $20 in 2028 if that AI thesis takes hold, even as Nvidia has recently outperformed the S&P 500 and faces continued valuation pressure.
Walmart posted a solid Q2 with 5.9% revenue growth and a 23% jump in global e-commerce, and raised its full-year sales forecast, while EPS guidance is $2.80-$2.97; tariff refunds of about $2.9B will help lower prices, but shares fell over 9% on the day as US comps grew 2.6% vs 3.5% expected and net income slipped to $6.3B, with fuel costs topping $2B. The stock's weakness may be short-term noise; Walmart remains a Dividend King with 53 straight annual increases, and it is expanding growth engines like Walmart+, a 38% rise in advertising revenue, and Sparky AI shopping agent (users up 70%, spend up 40%). Over five years, Walmart stock has outpaced the S&P 500, but The Motley Fool Stock Advisor does not currently rank Walmart among its top 10 picks, advising readers to weigh long-term appeal rather than a quick buy.
Nike shares fell to their lowest since 2014, slipping about 4% and wiping out over $200 billion in market value from their 2021 peak as doubts about a turnaround grow. Weak direct-to-consumer sales and a fresh analyst downgrade weigh on sentiment, with UBS noting July secondary-market prices for Nike and Jordan footwear fell year over year, signaling softer brand momentum before a sustainable growth recovery is seen.
Nintendo shares rose about 7% after ‘Pokémon Pokopia’ sold over 5 million copies on the Switch 2, four months after its March launch and becoming the second-best-selling Switch 2 title. The milestone comes as investors monitor game sales amid memory-cost-driven price increases for the Switch 2. In the June quarter, Switch 2 sales were 3.82 million units (down 34.4% YoY), with Nintendo guiding to 16.5 million Switch 2 units for the year ending March 31, 2027. The company also announced Pokopia updates and two new Pokémon titles next year, plus a Zelda: Ocarina of Time remake. Despite headwinds, the stock has jumped about 26% in the last month but remains down around 16% for the year.
Broadcom shares slipped about 6% after reports that attackers are exploiting a recently patched VMware vCenter Syslog Server vulnerability; the flaw, deemed critical and patched July 29, could let remote attackers run unauthorized code. A Digital forensics firm linked 361 affected IP addresses across 47 countries, with Germany, the United States, Turkey, Iran and France accounting for over half. Affected systems reportedly began contacting attacker infrastructure on Aug. 3, and researchers say the exploitation includes a reverse SSH tool for persistent remote access.
Cisco topped Q4 estimates with revenue of $17.3B (+18%) and issued fiscal-quarter guidance of $18B–$18.2B, above consensus, but the stock slid about 8% as analysts called the outlook conservative amid AI-driven demand; the company still sees roughly 15% revenue growth this year, though analysts anticipate slower growth next year, while hyperscalers’ capex and neocloud dynamics support ongoing demand.
Cisco beat earnings and revenue estimates and issued a higher Q4 revenue guide of $18.0–$18.2 billion, but its shares dropped after the report. Net income rose 51% to $3.9 billion and revenue grew 18% to $17.25 billion; hyperscalers ordered about $4 billion of infrastructure in the quarter, contributing to a yearly total of $9.3 billion and hinting at stronger AI-driven growth, with Cisco anticipating continued AI-related demand and aiming for roughly $7.5 billion in hyperscaler revenue by fiscal 2027.
SpaceX stock rose about 4% to close above its $135 IPO price for the first time in weeks after Q2 revenue beat expectations at $7.81B; CFO Bret Johnsen reiterated a goal of $100B in annualized recurring revenue by year-end, a target Deutsche Bank calls “likely very achievable,” helped by neocloud and Cursor. However, the recent lockup expiration of roughly 911 million shares could keep near-term volatility intact, even as analysts remain broadly bullish (Citi maintains a Buy with a $200 PT and long-term upside).
Early SpaceX investors are torn about selling as insider lockups unwind; Ryan D. remains bullish on long‑term growth but braced for volatility, Kris Dehnert planned to take profits from his $25k entry and would exit if shares drop below $50, and Lance Breitstein would cash out around $130, while more unlocks by year‑end could weigh on the stock even as Musk's long‑term AI and space ambitions—plus Starship progress—drive the narrative.
AppLovin reported Q2 revenue of $1.92B (up 53% YoY) but missed the $1.94B consensus, while EPS was $3.76 and net income rose 55% to $1.27B. Free cash flow hit $863M and EBITDA margin was 84%, with the Rule of 40 at 98. Management guided Q3 revenue to about $2.06-2.09B and about $551M in buybacks, but the stock fell roughly 17% in premarket trading.
AppLovin guided Q3 revenue of $2.055–$2.085 billion, below Wall Street estimates due to slower AI model improvements in its gaming ads and higher compute costs; Q2 revenue rose 53% to $1.924 billion with adjusted core profit of about $1.61 billion. CFO said the SEC probe into the company’s data practices has ended with no enforcement action. Shares fell up to 28% after-hours before trimming losses as investors weighed the muted guidance against the AI-growth narrative.
Figma reported Q2 revenue of $370.08 million and adjusted earnings of $0.08 per share, beating estimates, with revenue up 48% year over year and strong cash flow. The company lifted its full-year revenue outlook to $1.463-$1.467 billion and projected Q3 revenue of $373-$375 million, while net dollar retention remained robust at 136%. Despite the beat and higher guidance, FIG shares declined roughly 16% in after-hours trading.
AMD beat revenue and adjusted EPS expectations for Q2 (revenue $11.54B, up 50% YoY; EPS $1.66) as data-center sales more than doubled to 58% of total and capex rose to $808M. But the results and outlook weren’t the blowout investors priced in, sending the stock about 5% lower in early trading. AMD guided Q3 revenue to around $13B (±$300M) while warning of a softer PC market; gaming graphics revenue also declined year over year. Despite a strong year-to-date run, the stock trades at a lofty multiple (around 60x earnings) and has surged roughly 140% year to date.
SpaceX posted its first earnings report since going public, showing quarterly revenue of about $7.8 billion but a huge jump in spending to $18.3 billion driven largely by AI. The company logged a quarterly net loss of $143 million and $2 billion for the first six months, while Starlink—the only profitable unit—generated $1.6 billion in Q2. SpaceX's AI business lost about $1.2 billion on $2.5 billion in AI-related revenue as it plans to scale compute capacity from 1.4 GW to roughly 10 GW next year. Management signaled continued high capital spending and Musk still targets around $1 trillion in revenue by 2030, even as the stock slid about 9% after hours.