Market News

Midweek Spotlight on Notable Options: WDC, HUBB, WMT

Western Digital Corp (WDC) reported a notable trading volume of 37,644 contracts today, approximating 3.8 million underlying shares, which constitutes 51% of its average ...

Microsoft Azure Achieves Over $100B in Fiscal 2026 Sales: Is It Time to Hold?

Microsoft Corporation reported that its Azure cloud platform achieved annual revenues exceeding $100 billion for the first time, concluding fiscal 2026 with total revenues ...

Waters Raises 2026 Revenue Growth Forecast After Q2 Earnings Exceed Expectations

**Waters Corporation (WAT) reported second-quarter 2026 earnings of $3.05 per share, marking a 3.4% increase year over year and exceeding the Zacks Consensus Estimate ...

Bill Ackman’s $2.1 Billion Investment in Microsoft: Should You Buy After the Stock Drop?

Key Points Billionaire hedge fund manager Bill Ackman, founder of Pershing Square Capital Management, acquired 5.7 million shares of Microsoft (NASDAQ: MSFT) valued at ...

Wednesday Highlights in Options Trading: SNDK, DAL, EXPE

Among the S&P 500 index components, notable options trading was highlighted today for several companies. SanDisk Corp (SNDK) saw trading of 113,998 contracts, amounting ...

Amazon’s AWS Ranked 24th on Fortune 500: Implications for Stock Performance

Key Points Amazon reported second-quarter earnings on July 30, indicating robust performance across its segments, particularly Amazon Web Services (AWS). AWS generated $42.2 billion ...

Nvidia’s Revenue Surge Faces Skepticism as Market Anticipates Growth Slowdown

Nvidia Reports Record Revenue Growth Nvidia (NASDAQ: NVDA) reported a remarkable 71% increase in trailing-12-month revenue, reaching $253 billion, with quarterly revenue growth accelerating ...

Palantir Stock Soars 21.6% in a Month: Will the Momentum Continue?

Palantir Technologies Inc. (PLTR) has seen its shares rise 21.6% over the past month, significantly outpacing the sub-industry’s 5.1% gain. This surge is supported ...

Midweek Option Highlights: AXON, OXY, DIS

Today, notable options trading activity was recorded among several companies in the S&P 500 index. Axon Enterprise Inc (Symbol: AXON) experienced a volume of ...

Reasons Behind the Sudden Decline in GXO Logistics Stock

GXO Logistics Reports Q2 Earnings, Stock Drops 12.8% GXO Logistics (NYSE: GXO) experienced a significant drop in stock price, declining by as much as ...