business21 days ago
Wells Fargo casts doubt on Netflix rebound amid ongoing slump
Wells Fargo analysts say Netflix is headed for its worst year since 2022 and expect little chance of a rebound, signaling a continued downturn for the streaming giant.
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Adobe Stock Dips After Strong Earnings Amid AI Rivalry and Leadership Shift
Adobe posted a solid Q3 beat with $6.13 per share on $6.76 billion revenue, but the stock fell as investors weigh AI competition in creative software and a looming CEO transition, even as the company nudged its full-year revenue outlook higher; shares are down about 29% year to date.
GTA 6 Vice City DualSense Pre-Orders Sprint Across Major PS5 Retailers
GTA 6 is getting a limited-edition Vice City-inspired DualSense controller with US pre-orders live across Best Buy, Walmart, GameStop and PlayStation Direct, while UK listings surface at Amazon, PS Direct, EE and others. The Black variant is PS Direct exclusive and the White version is widely available (price around $84 in the US; £74 in the UK). Stock is fluctuating—some retailers sold out quickly while restocks and additional listings (Amazon, Target, EE, etc.) are likely—so buyers should monitor multiple retailers and queue strategies for a chance at grabbing the limited-edition pads.
Tesla stock sinks as federal probe questions Cybercab certification
U.S. regulators opened an investigation into Tesla’s up-to-1,000 steer-wheel-free Cybercab robotaxis to verify proper certification under federal safety standards, triggering a nearly 6% drop in Tesla shares as the company starts limited deployments in Austin and faces scrutiny over how certification data was used.
Tesla's Cybercab rollout disappoints, triggers NHTSA audit and stock drop
Tesla stock fell about 6% after the Cybercab update failed to impress investors, while the NHTSA opened an audit query into Tesla's self-certification of the vehicle's safety. The Austin, Texas, event was invite-only with limited new disclosures, leaving questions on pricing, production cadence, and regulatory approvals. Analysts flagged early execution issues and some user-reported routing problems as Tesla pursues a geofenced driverless service in Austin, competing with Waymo in the U.S. robotaxi market.
Snowflake beats estimates as CoCo AI drives higher guidance
Snowflake topped Q2 revenue and adjusted EPS expectations, highlighted momentum from its CoCo AI coding agent with 9,100 accounts, and raised fiscal Q3 product revenue and full-year targets, sending the stock higher after the report.
GTA VI Leaks Pressure Take-Two Stock Ahead of November Launch
Take-Two Interactive shares fell about 6.6% today as GTA VI leaks weigh on sentiment, with macro headwinds from the bond market, inflation, and rate expectations adding to selling pressure. GTA VI is still due Nov. 19, and while leaks have complicated pre-release marketing, investors remain hopeful the game will be a blockbuster; the stock has declined roughly 14% year-to-date, and the long-term impact will hinge on the game's final quality and performance.
NVIDIA’s AI upgrade cycle faces a market test after blowout quarter
NVIDIA posted a blowout quarter (revenue $96.2B, adjusted EPS $2.22) and guided to roughly 70% revenue growth in 2027, but the stock slipped about 5% after the print as investors weigh whether AI demand can stay robust; CEO Jensen Huang argues this cycle is industrially driven rather than seasonal, signaling a longer AI-infrastructure upgrade. The piece cautions that even a strong AI thesis can be volatile and suggests focusing on long-term fundamentals rather than short-term moves.
Broadcom's AI Momentum Could Lift AVGO After Sept. 2 Earnings
Broadcom is due to report fiscal 2026 Q3 results after the bell on Sept. 2; fueled by AI demand, Q2 revenue rose 48% year over year to $22.2 billion with adjusted EPS of $2.44, and AI semiconductors totaled $10.8 billion (about half of revenue). For Q3, management guided about $29.4 billion in revenue and roughly $20 billion in EBITDA, signaling continued acceleration. With Broadcom trading at under 19x next year’s earnings and peers like Nvidia, Arista, and Palantir showing post-earnings rallies, Broadcom could surge if results beat expectations and outlook is raised.
Bloom Energy’s potential 2027 upside: $5,000 could grow to about $6.8K
Bloom Energy (BE) is about 38% below its 52‑week high as of Aug. 25, 2026. Using that date’s close of $217.45 and a median target of $295 from 33 analysts tracked by CNN, a $5,000 investment would buy just under 23 shares and could be worth roughly $6,782 by August 2027 if BE hits the target, a ~36% gain. The Motley Fool notes price targets aren’t guarantees, even though Bloom posted over $1 billion in Q2 2026 revenue and has a meaningful role in AI-era power needs; it also cautions that monster gains aren’t guaranteed and suggests tempered expectations for BE as a long‑term, high‑risk hold for aggressive investors.
Nvidia's AI infrastructure boom drives record revenue and hefty guidance
Nvidia reported $96 billion in revenue for the quarter, more than doubling from a year earlier, led by its data-centre division at $89 billion (up 117%). It forecast about $108 billion in revenue for the next quarter as the AI infrastructure buildout accelerates, and after-hours shares rose roughly 4.7%.
Anthropic's $2T IPO Could Create Millionaires—But What If Stock Falls to Zero?
Anthropic is aiming for a $2 trillion IPO that could make its 2,500+ staff millionaires, but company leaders worry about how huge equity incentives might affect loyalty and mission. With intense competition for AI talent, Anthropic is offering high base salaries and has hundreds of open roles, while it reportedly asks culture-interview candidates how they’d react if the company abandoned its AI ambitions and the stock dropped to zero. The broader AI wealth boom has prompted concerns about wealth concentration, prompting cofounders including Dario Amodei to pledge a large share of their wealth to philanthropy.
Dick's Sporting Goods Slides After Cutting Outlook Amid a Tough Retail Backdrop
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.
Nvidia Faces a High Bar: Earnings Hype Meets Open-Source AI Narrative
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 Hovering Near $100: Long-Term Upside From Ads, Sparky, and Dividends
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.