2026-8-11 (Tue)

Business Intel Corporation (NASDAQ: INTC) is a U.S. semiconductor company headquartered in Santa Clara, California, with Client Computing, Data Center & AI, and Intel Foundry segments. Lip-Bu Tan became CEO in 2025.

Today’s take On Aug. 10, INTC announced a $15.0 billion common stock offering and the stock fell 4.06% to $97.52 on dilution concerns. On Aug. 11, Bloomberg reported the offering was likely to be increased to $20.0 billion, and the company formally priced 210.5 million new shares at $95.00 each, a discount of only 2.6% to the prior close, with subscription demand exceeding $100 billion and the deal multiple times oversubscribed. The extremely strong demand offset dilution worries, and the stock closed nearly flat, up 0.19% at $97.71. Background supports include the July 23 earnings report with revenue of $16.1 billion, up 25% year over year, and non-GAAP EPS of $0.42; New Street kept a Neutral rating and $115 target, calling the offering a 'positive but ambiguous' signal.

Business Plug Power Inc. (NASDAQ: PLUG) is a publicly traded hydrogen fuel cell and green hydrogen ecosystem company that integrates hydrogen production, storage, transportation, and power generation. Its main customers include Amazon, Walmart, and Home Depot, and its core products are GenDrive fuel cell systems, GenFuel liquid hydrogen stations, and large PEM electrolyzers.

Today’s take PLUG reported Q2 results after the close on Aug. 10: revenue of $178.3 million, up 9% sequentially and above the $169.4 million consensus, while adjusted EPS of -$0.07 beat the -$0.08 estimate. Gross margin improved from -31% a year earlier to roughly breakeven, equipment margins turned positive, and the company raised its 2026 revenue growth guidance to 15-16% from 13-15%, implying approximately $816-$824 million, while reaffirming positive EBITDA in Q4. Service revenue rose 82% to about $30 million, and GenDrive shipments more than doubled to 1,666 units. Craig-Hallum reiterated Buy with a $5 target, H.C. Wainwright maintained Buy, and BTIG stayed Neutral; with about 24.8% of the float sold short, the catalysts drove short covering, and shares closed up 5.21% on volume of about 145 million shares.

Business Space Exploration Technologies Corp. (NASDAQ: SPCX), commonly known as SpaceX, is Elon Musk's aerospace manufacturing and satellite communications company. It designs reusable rockets and operates the Starlink satellite constellation; it completed its IPO in 2026.

Today’s take SPCX closed near $133.2-$133.3 on Aug. 11, down roughly 3.9%-4.0% on volume of about 101-108 million shares. The pullback followed a cumulative rally of roughly 30% over the prior three sessions that pushed the stock back above its $135 IPO price, prompting profit taking. Same-day weakness in space-related names after AST SpaceMobile's earnings also weighed on sentiment. Volume remained elevated, but the move was a consolidation after a strong run rather than a single fundamental negative catalyst.

Business Archer Aviation Inc. (NYSE: ACHR) is a U.S. developer of electric vertical takeoff and landing (eVTOL) aircraft, with its Midnight air taxi as the lead platform. It also operates in defense unmanned systems through Insitu and aviation AI through SkyGrid, and it listed via SPAC in September 2021.

Today’s take ACHR rose 8.47% to $6.79 on Aug. 11, the second day of gains after an all-stock deal announced Aug. 10 to acquire Boeing subsidiaries Wisk Aero, SkyGrid, and Insitu. Boeing will receive about 19.75% newly issued equity, warrants, and a board seat, with the transaction expected to close by the end of 2026. After the market close on Aug. 10, ACHR reported Q2 2026 revenue of $5 million, up 213% sequentially and well above the $2.01 million consensus, while EPS of -$0.34 matched estimates. The stock had jumped 11.99% on volume of 126.5 million shares the prior session; on Aug. 11, H.C. Wainwright reiterated Buy with an $18 target, and a short position of about 95.1 million shares, or 14.7% of the float, helped fuel a high of $7.08 above its 200-day moving average of $6.77.

Business NVIDIA Corporation (NASDAQ: NVDA) is the leading designer of AI graphics processing units and accelerated computing platforms, dominating the data center AI chip market. It also sells software, networking, and open AI model ecosystems.

Today’s take NVDA closed near $217.50 on Aug. 11, nearly flat (+0.01%), after falling 2.86% the prior session when it announced a memorandum of understanding with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR to create an independent compute financing platform aimed at raising more than $500 billion of third-party capital for AI infrastructure; investors worried about 'circular financing' inflating demand from NVIDIA's own customers. On Aug. 11, shares rose more than 1.2% premarket before fading on below-average volume. Morgan Stanley reiterated Overweight, Wells Fargo reiterated Overweight, RBC reiterated Outperform with a $300 target, Raymond James reiterated Strong Buy with a $330 target, and BofA kept NVIDIA a top pick with a $350 target, calling the stock significantly undervalued and expecting a strong Aug. 26 report. The Information also reported that NVIDIA is developing Nemotron 4, an open-source model with over 1 trillion parameters, which helped sentiment.

Business Riot Platforms, Inc. (NASDAQ: RIOT) is a vertically integrated Bitcoin mining and digital infrastructure company headquartered in Castle Rock, Colorado. It operates Bitcoin mining, engineering services, and AI/HPC data center leasing, and is transitioning from a pure-play miner to an AI data center operator.

Today’s take After the close on Aug. 10, Riot announced a 20-year, 191 MW AI data center lease at its Rockdale, Texas campus with a leading frontier AI lab, valued at about $9.1 billion and up to $16.1 billion with two five-year renewal options; Bloomberg reported the tenant is Anthropic. Riot also reported Q2 2026 revenue of $174.2 million, up 14% year over year and above the $152.1 million consensus, though adjusted EBITDA was -$69.7 million and net loss was $237.2 million, or EPS of -$0.68. On Aug. 11, analysts raised targets: H.C. Wainwright to $40 from $25, Bernstein to $35, Citi to $32, Cantor to $30, and Piper Sandler to $25; BTIG kept Buy and saw 98% upside. The stock gapped up to an intraday high of $23.66 after rising as much as 22.68% premarket, but then faded sharply to close at $20.24, up 4.33%, reflecting profit taking after major positive news. Short interest of about 53.4 million shares, or roughly 15.4% of the float as of July 15, also added short-covering momentum.

Business Nu Holdings Ltd. is a Cayman Islands-incorporated holding company whose core operating subsidiary is Nubank, Brazil's largest digital bank. It offers credit cards, digital accounts, personal loans and other financial services to over 135 million customers across Brazil, Mexico and Colombia.

Today’s take On Aug. 11, NU closed at $13.65, down 1.52%, on volume of roughly 74 million shares, about twice the prior session's 35.8 million. The decline was driven mainly by risk aversion ahead of Q2 earnings due after the close on Aug. 13, with consensus expecting revenue of about $5.48 billion and EPS of $0.20. Credit quality is the key focus after Q1 credit costs rose 72% year over year to $1.79 billion, faster than revenue growth of 58%, while the 15-90 day delinquency rate rose to 5.0% and the risk-adjusted net interest margin fell to 9.5%. Reflecting that concern, BofA downgraded the stock to Sell with a $10 target on June 2, Citi cut it to Hold with a $13 target, and Scotiabank stayed cautious, while Goldman (Buy, $22) and J.P. Morgan (Buy, $20) remained positive; the average target was $16.54 with an unusually wide $10-$22 range. There were no major company-specific announcements, only the opening of Nubank's new Rio office, and high-beta growth names were pressured as U.S. equities pulled back from record highs, with the S&P 500 down 0.3% to 7,728.20 and the Nasdaq down 0.6% to 26,445.45.

Business Ondas Inc. is a provider of autonomous systems and mission-critical wireless communications, offering drones, counter-UAS solutions, ground robots and loitering munitions across autonomous defense platforms. It serves defense, homeland security and critical infrastructure markets.

Today’s take ONDS closed up 4.62% at $9.74 on Aug. 11, lifted by multiple catalysts: the Israeli Ministry of Defense's "Digital Bat" tactical attack drone tender, valued in the millions of dollars, was announced premarket; Roth Capital initiated coverage with a Buy rating and a $13 price target, implying roughly 39.6% upside; and the Cyberhawk acquisition closed on Aug. 10, with the related Form 8-K filed. The market was also positioning ahead of Aug. 13 Q2 results, with consensus revenue around $66.7 million (up 963% year over year) and an EPS loss of approximately $0.07-$0.10. Short interest of 40.28% of the float added squeeze-driven momentum, while the company has raised its 2026 revenue guidance to at least $525 million, corresponding to a market capitalization of roughly $5.55 billion. Risks remain, however, as the share count has expanded 286.7% over the past year and the stock trades at a high valuation of roughly 22 times earnings.

Business Nokia Oyj is a Finnish telecommunications equipment maker whose main businesses include mobile networks (RAN), network infrastructure (fiber/IP routing), cloud and network services, and technology licensing. It is transitioning from a traditional telecom equipment vendor toward AI data center and 6G network supply.

Today’s take NOK closed at $9.44 on Aug. 11, up 3.40%. Chunghwa Telecom announced an AI-RAN strategic cooperation memorandum of understanding with Nokia covering AI-RAN research, lab work and field validation, positioning both companies for 5G-Advanced and 6G; the market viewed this as a heavyweight telecom customer endorsing Nokia's AI narrative. Separately, an FCC draft proposal to ban certain new Chinese optical transceiver modules continued to lift Nokia as a named beneficiary. The move also extended a rebound from the July 29 low of $8.41, supported by the July 23 results showing AI & Cloud orders of EUR 2.8 billion and doubled divisional sales, along with BofA raising its price target to $18.50 and SEB upgrading the stock to Buy. Multiple positive catalysts together drove the more-than-3% gain.

Business UiPath, Inc. is a New York-based enterprise automation software company that provides a robotic process automation (RPA) and agentic AI platform. Its platform integrates AI agents, automation and human oversight into governed, compliant enterprise workflows.

Today’s take PATH closed up 0.83% at $15.72 on Aug. 11, after reaching an intraday high of $16.04. The stock got a company-specific lift from a press release showing that Merck KGaA adopted UiPath Test Cloud to build an agentic testing program, providing evidence that its agentic AI products are gaining traction in regulated large enterprises. The gain was also part of a multi-day sector rally that began on Aug. 7, when BofA raised Palantir's price target to $255 and boosted the broader agentic AI group (UiPath +7% and C3.ai +5% that day), followed by a 3.59% rise on Aug. 10; Aug. 11 was a continuation rather than a fresh catalyst. Fundamentals remain supportive: the May 28 Q1 FY2027 report showed revenue of $418 million, up 17% year over year, ARR of $1.901 billion, up 12%, and the company's first GAAP profit with net income of $22.53 million. With short interest around 28.9% of the float, the rebound carries squeeze risk.

Business NIQ Global Intelligence plc, formerly NielsenIQ, is a global consumer intelligence and data analytics company listed on the NYSE. It provides retail data, marketing research and AI-native software and analytics solutions.

Today’s take NIQ surged 41.95% to $16.58 on Aug. 11, mainly after the company reported fiscal Q2 2026 results following the prior session's close that beat across the board and raised full-year guidance. Adjusted EPS came in at $0.27 versus the $0.21 consensus, revenue was $1.12 billion, up 8% year over year and about $10 million above expectations, and organic constant-currency revenue grew 5.8%. Adjusted EBITDA rose 21.9% to $261.9 million, with margin expanding 270 basis points to 23.3%, and levered free cash flow turned positive at $74.1 million. Management raised full-year adjusted EPS guidance to $1.08-$1.12 from $0.95-$0.99 and expects net debt/EBITDA to fall below 3.0x by year-end. The growth narrative was reinforced by AI-native revenue increasing 34% and 51% of the top 100 customers adopting AI solutions. Sentiment also improved as Needham initiated coverage with a Buy rating and $18 target, while UBS and Stifel raised their targets to $17.

Business Alamar Biosciences, Inc. is a Fremont, California-based commercial-stage precision proteomics company that develops ultrasensitive, multiplex protein biomarker assays using its proprietary NULISA™ technology and ARGO™ HT automation platform. It sells instruments, consumables and services focused on early detection of Alzheimer's disease and other neurodegenerative conditions. The company listed on Nasdaq on April 17, 2026 at $17.00 per share.

Today’s take ALMR reported Q2 results after the close on Aug. 10, with revenue of $29.4 million, up 82% year over year and above the $25.94 million consensus; consumables revenue surged 147% to $15.5 million, gross margin exceeded 60% for the first time, and the $0.22 loss per share was better than the expected $0.33 loss. The company also issued initial full-year 2026 revenue guidance of $116-$120 million, above the $113.2 million consensus. On the same day, it expanded its collaboration with the Alzheimer's Disease Data Initiative and Gates Ventures, adding 86,000 plasma samples for analysis; upon completion in 2027, the total sample set will exceed 140,000, potentially making it the largest neurodegenerative disease research study. On Aug. 11, several brokers raised price targets, with JPMorgan moving to $35 from $32 (Overweight) and Stifel to $32 from $28 (Buy). The stock rose more than 33% intraday to a record $38.54 before closing at $36.57, up 30.65%, on volume of 1.55 million shares.

Business Septerna, Inc. is a clinical-stage biotechnology company headquartered in South San Francisco, California, using its proprietary Native Complex Platform to develop oral small-molecule drugs targeting G protein-coupled receptors (GPCRs) across endocrinology (hypoparathyroidism and thyroid eye disease), immuno-inflammatory, and metabolic diseases.

Today’s take SEPN surged 22.93% on August 11 to close at $47.76 after a strong Q2 report and a wave of broker price-target hikes. Reported after the close on August 10, EPS came in at a loss of $0.29 versus the consensus loss of $0.49, revenue was $26.7 million versus roughly $19.2 million expected, and the net loss narrowed to $13.0 million from $24.8 million a year earlier. The company also ended the quarter with $516.5 million in cash, which it said supports operations into 2029. Guggenheim raised its target to $51 from $45, Stifel raised to $49 from $43 and highlighted SEP-479, and Raymond James updated its model while maintaining a Strong Buy, together driving the sharp single-day rally.

Business Fermi Inc. (Fermi America) is a Dallas, Texas-based advanced energy and hyperscale AI data center developer. Its flagship asset is the Project Matador campus in Carson County, Texas, planned to pair a behind-the-meter private grid with natural gas, nuclear, and renewable power to supply up to 17 GW.

Today’s take On August 10 after the close, Fermi announced its first binding customer lease with AI cloud firm TensorWave: the initial 222 MW phase at Project Matador, a 15-year contract worth approximately $6.5 billion, expansion rights up to 650 MW, and deliveries beginning in the second half of 2027. The deal provided the first direct validation of Fermi's land, permitting, and 17 GW power model. Citizens reiterated Market Outperform with a $30 target, Mizuho reiterated Outperform with an $11 target, but UBS downgraded to Neutral with a $6 target, reflecting divergent views. With short interest of 42.5 million shares, about 14.9% of the float, the positive catalyst triggered a squeeze; the stock gapped up 20%, closed up 21.09% at $7.12, and added 5.62% after hours. Risks remain, including lease conditions tied to financing and guarantees, no revenue, and substantial capital needs; earnings on August 13 are the next catalyst.

Business NextNav Inc., headquartered in Reston, Virginia, is a provider of next-generation 3D positioning, navigation, and timing (PNT) solutions. It is building terrestrial backup and complementary systems for GPS, anchored by nationwide 900 MHz low-band spectrum licenses and products such as Pinnacle 3D positioning and TerraPoiNT.

Today’s take On August 11, NN closed up 15.55% at $17.83 after touching an intraday high of $19.31, as SpaceX filed an ex parte letter with the FCC on August 10 and publicly released it on August 11. The letter advocated technology-neutral, rapid deployment rules for scarce low-band spectrum and specifically cited NextNav's proposal to reorganize the 900 MHz band into 15 MHz of contiguous spectrum, which the market read as a rare endorsement from Elon Musk's camp. Volume reached 10.93 million shares, roughly four to five times the average. After the close, Q2 revenue of $1.15 million beat the $900K consensus, while EPS of -$0.24 missed; the stock eased 0.73% to $17.70 in after-hours trading. Balance sheet improvements included liquidity of about $298 million, full conversion of $190 million convertible notes, SPAC warrant redemption, and a new Tiami Networks anti-drone collaboration. Existing 900 MHz users in tolling, utilities, and rail continue to oppose the replanning.

Business Sea Limited is a global consumer internet company founded in 2009 in Singapore. It operates Shopee, Southeast Asia's and Taiwan's largest e-commerce platform; digital financial services arm Monee; and games developer Garena, whose flagship title is Free Fire.

Today’s take SE rallied 14.56% to $131.51 on August 11 after Q2 2026 revenue of $7.788 billion, up 48.1% year over year, crushed consensus near $7.09-$7.1 billion. Net profit was $458.1 million, up 10.6%, while adjusted EPS of $0.70 slightly missed expectations. Management raised Shopee full-year adjusted EBITDA guidance to $1.0 billion from at least $880.6 million, and advertising revenue grew 70% year over year, easing concerns that TikTok and Temu would erode Southeast Asian e-commerce demand. The stock gapped up, rose as much as 14.8% intraday, and volume of 15.18 million shares was about 3.5 times the 30-day average, a classic earnings-beat-and-guidance-raise short-covering rally.

Business ReNew Energy Global Plc is a renewable energy company registered in the United Kingdom and headquartered in Gurugram, India. It develops, builds, owns, and operates utility-scale wind and solar projects and also provides operations and maintenance and equipment manufacturing services, ranking as India's second-largest renewable energy operator.

Today’s take On August 11, 2026, ReNew announced a definitive agreement for a consortium led by CPP Investments and founder and CEO Sumant Sinha to acquire all shares not already held for $7.02 per share in cash, implemented through a UK Scheme of Arrangement. The price represented an approximately 14.5% premium to the prior close of $6.13, and the shares closed up 11.75% at $6.85, leaving about 2.5% of arbitrage spread to the offer price. Volume expanded to roughly 23.65 million shares. The deal followed a non-binding proposal at $6.75 per share on May 28 and a best-and-final offer of $7.02 per share on July 27; the special committee unanimously recommended the transaction, and closing is expected in the first quarter of 2027.

Business ChipMOS TECHNOLOGIES INC. is a leading global outsourced semiconductor assembly and test (OSAT) service provider. The company is listed on the Taiwan Stock Exchange under 8150.TW and trades on Nasdaq through ADRs under IMOS, providing end-to-end packaging and testing services to fabless companies, IDMs, and independent foundries.

Today’s take On August 11, ChipMOS reported Q2 2026 results before the market open: revenue of NT$7.383 billion (US$231.8 million) was the highest for any quarter since 2014, up 28.7% year over year and 6.5% sequentially, while gross margin surged to 18% from 6.6% a year earlier. Net profit attributable to shareholders reached NT$891.7 million, up 267.3% year over year and a four-year high, and EPS per ADS was US$0.80 versus a loss of US$0.47 in the year-ago quarter and consensus of US$0.63-US$0.64. Adding to the momentum, July revenue of NT$2.823 billion grew 43.6% year over year, also the strongest month since 2014. Management raised 2026 capital expenditure to above 25% of revenue, unveiled a two-year high-intensity expansion, and pointed to AI demand exceeding supply with memory as the strongest Q3 segment. The stock closed up 11.74% at $59.28.

Business Everpure, Inc. (NYSE: P), formerly Pure Storage, is a Santa Clara, California-based all-flash storage and data management platform company. Its core DirectFlash technology helps enterprises manage data in the AI era, reduce energy consumption, and improve storage performance.

Today’s take After the market close on Aug. 10, the company announced it had secured a design win and multi-year supply agreement with a second top-five cloud hyperscaler, validating the competitiveness of DirectFlash technology in the hyperscale storage market and expected to contribute meaningful revenue beginning in fiscal 2028. The news drove shares up 11.64% on Aug. 11 to close at $109.38, with an intraday high of $109.59 and a year-to-date gain of roughly 46%. On the same day, Citi upgraded the stock to Buy and raised its target price from $90 to $118, while Susquehanna and Morgan Stanley also raised targets to $120 and $108, respectively, adding momentum. A bull-case thesis of a $180 fair value also circulated, and activist investor Jana Partners disclosed a position in late June. Short interest was only about 10.45 million shares, or roughly 1.6% of the float, indicating the rally was fundamental-driven rather than a short squeeze.

Business Aehr Test Systems, Inc. (NASDAQ: AEHR) is a Fremont, California-based supplier of semiconductor test, burn-in, and reliability testing equipment. Its main products include the FOX-P series wafer-level burn-in (WLBI) systems and Sonoma package-level burn-in solutions, serving applications such as AI accelerators, silicon photonics optical interconnects, data centers, and silicon carbide power semiconductors.

Today’s take There was no major company-specific news on Aug. 11, and the advance was primarily driven by sector strength. Bernstein analyst David Dai raised his 2026 WFE spending forecast to $148 billion (up 26.3%), 2027 to $204 billion (up 32.6%), and 2028 to $259 billion, while also raising target prices for LRCX (365 to 385), KLAC (225 to 250), and AMAT (525 to 675), lifting the semiconductor equipment group. AEHR rose more than 9%, the best performer in the sector. The high beta reflected continued positive momentum from the prior two weeks: on Aug. 4, a leading silicon photonics customer added orders for FOX-XP production systems, and on July 14 the company reported a swing to a non-GAAP EPS of $0.11, record orders of $60.7 million, and fiscal 2027 revenue guidance up 160%–200%. The stock closed at $117.18, near the intraday high of $118.50, with buy-side domination.

Business Life360, Inc. is a San Mateo, California-based family location and safety technology platform. Its core product is the Life360 mobile app for real-time location sharing and driving and digital safety, along with Tile tracking devices and an advertising platform. It trades on Nasdaq under the ticker LIF and as CDIs on the Australian Securities Exchange under 360.

Today’s take The company reported second-quarter results after the close on Aug. 10, with revenue of $159 million (up 38%) and adjusted EBITDA of $31.1 million, both above expectations. But on Aug. 11, shares gapped down and closed at $48.61, down 24.76%, on volume of about 4.22 million shares, roughly five to six times the average, reflecting a 'good numbers but higher expectations' selloff. Investors focused on three negatives: the company maintained full-year 2026 revenue guidance of $650–685 million, with a midpoint of $667.5 million below the analyst consensus of $670–672 million; MAU growth slowed from 17% in Q1 to 16% in Q2, and the earnings call did not convince the market that growth would reaccelerate in the second half; and hardware was being withdrawn from retail faster, with guidance cut to $35–45 million, while GAAP EPS fell 25% to $0.06, including a $3.6 million one-time tariff refund. Evercore ISI maintained an Outperform rating but cut its target price to $66, reinforcing selling pressure.

Business On Holding AG is a Zurich, Switzerland-based premium performance sports brand listed on the New York Stock Exchange under the ticker ONON. The company is known for its CloudTec-cushioned high-performance running shoes, sportswear, and accessories; tennis legend Roger Federer is a shareholder.

Today’s take On Holding reported second-quarter results before the market open on Aug. 11, 2026: net sales of CHF 850.3 million (about $1.05 billion) missed the consensus of CHF 878 million by approximately 3%, and full-year revenue growth guidance was cut from 'at least 23%' to the low-20% range. A deteriorating wholesale promotional environment in the United States and slowing sell-through offset the positive gross margin expansion to 65.4% (up 390 basis points) and adjusted EPS of CHF 0.35, which was slightly above expectations. William Blair downgraded the stock from Outperform to Market Perform the same day, and several other brokers cut target prices, intensifying the selloff. Shares opened sharply lower and closed down 20.29% at $30.91, with an intraday low of $30.11, a 52-week and two-year low, a typical high-volume collapse driven by a revenue miss and guidance cut.

Business Hub Group, Inc. (Nasdaq: HUBG) is a comprehensive freight and logistics management company headquartered in Oak Brook, Illinois. It provides intermodal rail, highway brokerage, managed transportation, and warehousing/distribution supply chain solutions, with approximately 6,000 employees globally.

Today’s take Hub Group fell 19.75% on Aug. 11 to close at $38.00 after announcing that it had filed Form 12b-25 with the SEC to delay its 10-Q for the quarter ended June 30 and disclosing that restatements for fiscal 2023, 2024, and multiple quarters of 2025 are still ongoing, with the 2025 Form 10-K also incomplete. Wells Fargo said the restatement process is taking 'far longer than originally expected,' and the company's statement no longer included the language that the issues 'do not affect cash and cash flows,' which the firm viewed as 'incrementally negative.' If Hub Group does not file the required reports by Sept. 14 to regain Nasdaq compliance, it could face delisting and a move to the pink sheets. Combined with the roughly $77 million transportation-cost understatement disclosed in February that sparked a class-action lawsuit (lead plaintiff deadline Aug. 28) and the July 30 Q2 EPS of $0.19 that missed the $0.29 consensus, investor confidence was severely damaged, with volume expanding to about 4.535 million shares.

Business eToro Group Ltd. is a NASDAQ-listed (ticker: ETOR) global multi-asset trading and investment platform offering stocks, cryptocurrencies, forex, commodities, and ETFs. The company is known for social investing (CopyTrader), AI agents, and wealth management services, serving users in 75 countries.

Today’s take On Aug. 11, 2026, eToro reported Q2 results before the market open and simultaneously announced the acquisition of TradeZero. Adjusted EPS of $0.68 beat the LSEG consensus of $0.61, the fourth consecutive beat, but GAAP net income of $53.5 million (up 77% year over year) missed the FactSet consensus of $55.1 million. Total revenue came in at $1.59 billion, down 24% year over year, with cryptocurrency revenue of $1.35 billion down about 30%; core net contribution of $229 million was only up 9% year over year and down 11% sequentially from $258 million in Q1, while assets under administration of $19.2 billion also missed expectations. In July, crypto trading volume fell 73% year over year to 1.4 million transactions, and the average investment per transaction halved to $182, signaling a clear crypto downturn. The acquisition of TradeZero for up to $231 million (in cash plus up to 2.5 million new shares) raised dilution concerns, and shares gapped down to $30.79 before closing down 13.74% at $29.33 on volume of 4.19 million shares.

Business Nayax Ltd. (NASDAQ: NYAX; also dual-listed on the Tel Aviv Stock Exchange) is a global financial technology company headquartered in Herzliya, Israel, focused on an end-to-end platform for unattended retail. It provides payment terminals, the cloud-based Monyx management system, and cashless payment and operations solutions for EV charging and other self-service environments.

Today’s take Nayax reported second-quarter earnings before the market open on August 10. Revenue of $122.6 million, up 28.2% year over year, beat expectations, but GAAP EPS of -$0.27 came in far below the consensus forecast of +$0.12, with a net loss of $10.1 million against a year-ago profit of $11.7 million. Stock-based compensation surged to $12.4 million, free cash flow was -$13.1 million for the quarter, and the company cut its 2026 free cash flow conversion outlook to 5%-10% of adjusted EBITDA from roughly 40%. The stock had already fallen 10.22% to $62.00 on August 10; on August 11, Barclays cut its price target from $75 to $68 and UBS from $75 to $70, prompting renewed repricing of deteriorating cash flow and rich valuation. Shares fell another 13.11% to close at $53.87 on volume of about 87,000 shares, bringing the two-day decline to roughly 22%.

Business Tencent Music Entertainment Group (NYSE: TME) is China's largest online music and audio entertainment platform. It operates QQ Music, Kugou Music, Kuwo Music, and Himalaya, offering music membership subscriptions, online advertising, social entertainment, and IP-derived services.

Today’s take TME released second-quarter 2026 results before the market open on August 11. Total revenue was RMB 8.93 billion (approximately $1.32 billion), up 5.8% year over year and slightly above consensus; non-IFRS net profit was RMB 2.69 billion, up 4.4%, but GAAP EPS of RMB 1.57 missed the expected RMB 1.62. Investors focused on weakening momentum rather than the beat: membership revenue grew only 8.1% to RMB 4.79 billion, social entertainment revenue fell 16.4% to RMB 1.33 billion, and operating expenses rose 12%, lifting the expense ratio to 14.5%. Himalaya consolidation amortization, along with competitive pressure from Soda Music and AI-generated content, weighed on paying-user conversion and retention. The stock fell 11.92% to $8.72 on volume of roughly 27.17 million shares, reflecting profit-taking and concerns over slowing growth.

Business First Advantage Corporation (NASDAQ: FA) is a global software and data company headquartered in Atlanta, Georgia. It specializes in pre-employment background screening, identity verification, drug and health screening, and ongoing risk monitoring, conducting over 200 million screens annually and serving more than 80,000 clients across 200-plus countries.

Today’s take On August 11, FA dropped 10.26% to $21.17 after controlling shareholder Silver Lake announced a secondary offering of 12.5 million shares in the after-market session on August 10. The shares priced on August 11 at $22.20, roughly a 5.9% discount to the August 10 close of $23.59; the company issued no new shares and received no proceeds. Up to 4.2 million of the shares are allocated to Silver Lake limited partners and are not subject to the 30-day lock-up, meaning the market faces roughly 16.7 million potential shares of additional supply after closing around August 12 (approximately 9.7% of the float). The supply shock compounded profit-taking after the August 6 earnings beat, which had driven the stock to a $25.15 high on August 7. Volume reached 9.08 million shares, about four to six times the recent average, with the stock hitting an intraday low of $20.06 before bouncing off the low.