Tech & AI News

D-Wave Quantum (QBTS) reported second-quarter 2026 revenue of $3.1 million, essentially flat compared to the same period in 2025, falling short of Wall Street expectations. The company posted a GAAP loss per share of $0.13, missing analyst estimates of $0.10 by roughly 30%, triggering a sharp negative market reaction. Shares of QBTS fell 12.34% in…

e.l.f. Beauty (NYSE: ELF) reported first-quarter fiscal 2027 net sales growth of 36%, extending a remarkable run of consecutive quarterly gains to 30 straight periods. The strong headline number was driven in large part by Rhode, the beauty brand under e.l.f.’s portfolio, which significantly outpaced internal expectations during the quarter. Senior Vice President and Chief…

Lockheed Martin (LMT) has surged 15.5% over the past three months, outpacing the Zacks Aerospace-Defense industry’s broader gain of 12.2%. The rally puts LMT ahead of key rivals, with General Dynamics (GD) rising 10.5% and RTX Corporation (RTX) climbing 26.1% over the same period. Lockheed Martin’s broad portfolio of combat-proven systems, including the F-35, PAC-3,…

Howmet Aerospace Inc. (HWM) is set to report second-quarter 2026 results on August 6, before the opening bell on Wall Street. The Zacks Consensus Estimate for earnings stands at $1.23 per share, with projected revenues of $2.41 billion for the quarter. Second-quarter earnings estimates have slipped by a penny over the past 30 days, though…

AST SpaceMobile (NASDAQ: ASTS) shares climbed after Castle Rock Wealth Management disclosed a new 16,015-share position worth approximately $1.38 million in the satellite-broadband company. The purchase adds to growing institutional interest just days before AST SpaceMobile is scheduled to report its second-quarter results on Monday, August 10. While the stake is modest relative to AST’s…

The artificial intelligence investment boom has generated extraordinary returns over the past three years, with NVIDIA (NVDA) cementing itself as the defining stock of the AI infrastructure era. But as the market matures and capital flows broaden, investors are now asking where the next generation of AI and technology winners will emerge. According to the…

Mutual fund managers are showing strong conviction in a select group of stocks, with Marvell, Apple, and Santander emerging as the most aggressively purchased names in the latest monthly screen. The screen, which tracks buying activity among the best-performing mutual funds, identified a total of 17 stocks currently in high demand across institutional portfolios. Apple…

SpaceX (SPCX) shares closed up 15.83% at $133.11 on Friday, driven by a combination of strong earnings, easing lockup concerns, and a Terafab update. The broader market also climbed, with the S&P 500 (^GSPC) rising 0.59% to 7,756 and the Nasdaq Composite (^IXIC) gaining 1.28% to 26,686. Trading volume in SPCX reached 236.7 million shares,…

Bipartisan support is building in Congress to significantly expand federal quantum computing investments amid growing concerns about China’s technological ambitions. The House is expected to debate defense funding legislation later this year that would increase annual military spending on quantum development by 68% to $567 million. A parallel effort is underway in the Senate to…