PowerCompute Q2 revenue rises 9.8% to $2.12m
PowerCompute (NASDAQ:PWCM) reported second-quarter revenue of $2.12 million, up 9.8% year over year, as Bitcoin production increased to 27.9 BTC.
PowerCompute (NASDAQ:PWCM) reported second-quarter revenue of $2.12 million, up 9.8% year over year, as Bitcoin production increased to 27.9 BTC.
On this episode of Stock Movers: Drone companies including AeroVironment Inc. (AVAV), Aevex Corp. (AVEX), and Unusual Machines Inc. (UMAC) rose on news that the Trump administration plans to apply a 100% tariff on imports of unmanned aircraft systems and their components. Applied Matierals (AMAT) fell despite an earnings forecast that topped estimates. Investors had a muted reaction to earnings even though the stock has more than doubled this year. Gemini Space Station (GEMI) fell as the crypto platform's earnings report faced crypto market headwinds and a wider-than-expected adjusted Ebitda loss. Reddit (RDDT) climbed on the news that the stock is set to be included in the S&P 500 index.
Neumora Therapeutics (NASDAQ:NMRA) reported a Q2 2026 net loss of $43.1 million, narrowing from $52.7 million a year earlier.
US retail sales fell in July by the most in more than a year as consumers pulled back on purchases at online stores and auto dealers. Sales dropped by 0.6%, the forecast was for a 0.1% gain. Bloomberg's Michael McKee has the numbers followed by Aditya Bhave from BofA Securities with reaction.
Outlook Therapeutics (NASDAQ:OTLK) reported a fiscal Q3 net loss of $20.3 million as it prepares to launch FDA-approved wet AMD treatment LYTENAVA.
Teamshares (NASDAQ:TMS) reported second-quarter revenue of $148.7 million, up 20%, while net income improved to $9.5 million from a $12.9 million loss.
Super League (NASDAQ:SLE) reported Q2 gross revenue of approximately $3 million, while net revenue rose 16% sequentially to $1.24 million.
Edible Garden (NASDAQ:EDBL) reported second-quarter revenue of $3.6 million, up 12.8%, while total sales increased 31.2% year over year.
Julian Emanuel, Evercore ISI chief equity & quantitative strategist, says the odds of a Federal Reserve interest rate hike may keep rising ahead of the next decision that comes in September. Emanuel says that could cause some volatility in markets. He speaks on "Bloomberg Surveillance."
Beneficient (NASDAQ:BENF) reported fiscal Q1 2027 GAAP revenue of $12.2 million and an operating loss of $0.4 million as expenses declined sharply.
MySize (NASDAQ:MYSZ) reported second-quarter revenue of $3.07 million, up 53% year over year, while net loss widened to $1.75 million.
Boost Run (NASDAQ:BRUN) reported Q2 revenue of $31.1 million, up 270%, while total long-term contracted revenue reached $1.9 billion.