July 2, 2026 2:30 pm
Key Moments Goldman Sachs lowered SkyWest’s rating to Neutral from Buy and reduced its price target to $108 from $126. Analysts now project 2026 block hour growth of 3.0%, down from a prior estimate of 3.5%, reflecting weaker partner capacity expansion. Despite the downgrade on SkyWest, Goldman raised third-quarter and fourth-quarter 2026 industry net income […]
Read moreJuly 2, 2026 2:21 pm
Key Moments Rivian stock rose 6.8% in pre-open trading after releasing its second-quarter 2026 production and delivery figures. The company reported 12,194 vehicle deliveries and 12,613 units produced, surpassing its prior guidance of 9,000 to 11,000 deliveries. Rivian raised its full-year 2026 delivery outlook to 65,000–70,000 vehicles, citing stronger-than-expected R2 ramp performance. Stronger-Than-Guided Q2 Production […]
Read moreJuly 2, 2026 1:50 pm
Key Moments Netflix Inc (NASDAQ: NFLX) shares recently traded just above $73 following a 10-for-1 stock split in November 2025, leaving the stock down nearly 45% over the past 12 months. The company reported stronger first-quarter revenue, operating income and full-year margin guidance while revenue sits at an all-time high. Despite the sharp decline and […]
Read moreJuly 2, 2026 1:35 pm
Key Moments Ouster shares declined 6.0% in pre-market trading after the company priced an underwritten public offering of approximately 3.6 million shares at $55.22 each. The offering price sat below the prior close of $60.02 and near the 52-week high of $63.79, underscoring the immediate dilutive impact for existing shareholders. Additional SEC filings and a […]
Read moreJuly 2, 2026 1:22 pm
Key Moments Roblox stock dropped 4.7% in pre-market trading to $55.21 after closing the prior session at $57.95. The move followed a more than 13% surge on June 29 after an Arete Research upgrade to Buy with a new $95 price target. Wells Fargo’s modest price target increase to $56 and ongoing securities litigation concerns […]
Read moreJuly 2, 2026 1:15 pm
Key Moments Microsoft is forming Microsoft Frontier Company with $2.5 billion in funding to help enterprises choose and implement AI technologies. The new entity will work with customers including Unilever and Novo Nordisk to integrate a mix of Microsoft and third-party AI models. Clients will retain ownership of the AI solutions developed with their internal […]
Read moreJuly 2, 2026 12:25 pm
Key Moments Tesla’s China-made vehicle sales rose for the eighth consecutive month in June. Deliveries of Model 3 and Model Y from the Shanghai plant reached 89,091 units, up 24.4% year-on-year. The June advance followed a 39.4% rise in May, supported by recovering European demand. June Deliveries Strengthen Growth Trend Tesla’s China-manufactured electric vehicle sales […]
Read moreJuly 2, 2026 9:45 am
Key Moments Nvidia announced a revenue-sharing and credit-support framework to supply computing resources to artificial intelligence startups. AI cloud providers in the program will offer Nvidia-powered cloud services, generating both traditional product revenue and a share of cloud earnings for Nvidia. Sharon AI and Firmus are among the first firms participating in the DSX data […]
Read moreJuly 2, 2026 9:41 am
Key Moments HSBC upgraded Adobe Systems Incorporated (NASDAQ:ADBE) to buy from hold and lifted its price target to $308 from $282. Adobe shares climbed 1.8% to $214.85 in premarket trading after the upgrade, supported by stronger-than-expected fiscal second-quarter performance. HSBC said AI-native competitors show limited impact so far, and noted Adobe trades at about 8.5 […]
Read moreJuly 2, 2026 9:30 am
Key Moments Apple reportedly targets at least five new iPhone models between the second half of 2026 and the first half of 2027. Production guidance for the first foldable iPhone was raised to about 10 million units for this year, from a prior 7 million to 8 million range. Apple recently increased prices on selected […]
Read more