WhiteFiber (NASDAQ:WYFI) reported second-quarter 2026 revenue of $28.8 million, up 54% year-over-year, supported by Cloud Services revenue of $23.8 million and Colocation revenue of $4.7 million.
David Kelly, JPMorgan Asset Management's chief global strategist, sees a disinflation trend in the US stemming from lower tariff costs and oil eventually flowing out of the Strait of Hormuz. Speaking on "Bloomberg Surveillance," Kelly also says the Federal Reserve is on the wrong track signaling that they are going to communicate less.
The US consumer price index rose by 0.2% which was bang in line with forecasts. Prices rose by 2.5% from a year earlier, matching the slowest pace since March 2021. Energy, gas and grocery prices all fell on the month. This likely eases pressure on the Federal Reserve to raise interest rates. Michael McKee reports.
Eloxx Pharmaceuticals (NASDAQ:ELOX) reported second-quarter 2026 results after completing a public offering that generated $66 million in gross proceeds and increased cash reserves to $62 million.
Jumia (NYSE:JMIA) reported second-quarter 2026 revenue of $52 million, up 14% year-over-year, while gross merchandise value increased 20% to $216.3 million.
T1 Energy (NYSE:TE) reported second-quarter 2026 net sales of $250.1 million, while G1_Dallas module production reached 935 MW and adjusted EBITDA was $10.7 million.
Kamada (NASDAQ:KMDA) reported second-quarter 2026 revenue of $54.9 million, up 23% year-over-year, with adjusted EBITDA of $14.1 million and net income of $9.3 million.
Ed Yardeni, president of Yardeni Research, says earnings are driving the markets higher. He talks about raising his year-end forecast for the S&P 500 from 8,250 to 8,400. He also talks about the artificial intelligence trade "Bloomberg Surveillance."
Riskified (NYSE:RSKD) reported second-quarter 2026 revenue of $98.7 million, up 22% year-over-year, as the ecommerce fraud and risk intelligence company added new merchants and expanded existing customer relationships.
Ituran Location and Control (NASDAQ:ITRN) reported record second-quarter 2026 revenue of $104.8 million, up 21% year-over-year, as subscription revenue increased to $79.8 million.
Nebius Group (NASDAQ:NBIS) reported second-quarter 2026 revenue of $582.3 million, up 454% year-over-year, as the company expanded its AI infrastructure business and exceeded analyst revenue estimates.
Applied Aerospace & Defense (NYSE:AADX) reported record second-quarter 2026 revenue of $167.3 million, up 47.4% year-over-year, while contract backlog exceeded $1.1 billion.
