August 11, 2026 10:43 am
AppLovin Shares Under Pressure After Rare Revenue Miss and Softer Outlook Key Moments AppLovin stock declined 1.5% in pre-market trading to $333.84, nearing its 52-week low of $332.19. Q2 2026 revenue of $1.92 billion came in below the roughly $1.95 billion Wall Street consensus, with Q3 guidance midpoint at about $2.075 billion, also under expectations. […]
Read moreAugust 11, 2026 9:40 am
Key Moments Bank of America lowered Broadcom’s issuer and bond ratings to Marketweight from Overweight, citing uncertainty tied to the XPV platform with Blackstone and Apollo. BofA projects Broadcom’s revenue and free cash flow will grow 3-4 times from fiscal year 2025 to fiscal year 2028 while gross leverage remains at 1.3 times. Modeled XPV […]
Read moreAugust 11, 2026 9:33 am
Key Moments Both Home Depot and Lowe’s currently trade above platform fair value estimates, with premiums of −8.0% and −7.5%, respectively. Lowe’s offers a higher free cash flow yield of 6.2% and lower payout ratios than Home Depot, signaling greater flexibility for capital returns. Analysts project significantly more upside for Lowe’s shares (23.4%) compared with […]
Read moreAugust 11, 2026 9:18 am
Key Moments Intel Corporation (NASDAQ:INTC) increased its planned stock offering size to $20 billion from $15 billion. The offering is priced at $95 per share, a 6.5% discount to Intel’s Friday closing price before the deal was disclosed. Intel expects approximately $19.7 billion in proceeds, earmarked for general corporate purposes, as shares traded lower in […]
Read moreAugust 10, 2026 2:21 pm
Key Moments Duke Energy Corporation launched a $1.75 billion equity units offering of 35 million units priced at $50 each. DUK opened at $123.50 following the 7:00 AM ET announcement and fell to an intraday low of $122.78, down 1.7% in morning trading. The deal fits into a broader $10 billion equity issuance plan through […]
Read moreAugust 10, 2026 2:06 pm
Key Moments Microsoft (NASDAQ:MSFT) trades around $504.54, up about 1% in morning action, supported by fresh AI chip news. The company reportedly plans to unveil its Maia 300 chip this fall and is in talks for manufacturing capacity exceeding 300,000 units for 2027 delivery. Bernstein SocGen raised its price target on Microsoft to $660 from […]
Read more