Tesla reported after the close on Wednesday and the stock fell about 4% in the extended session, settling near $358.86 against a $374.05 regular-session close. By Thursday's bell it had closed at $319.69, down 14.52% on volume of 114.2 million shares — roughly 131% above the three-month average of 49.4 million. Somewhere between $200 and $210 billion of market capitalization … [Read more...] about Tesla (TSLA) Q2 2026: The Stock Fell 14.5% but Only 4% of It Came From the Earnings Release
Briefing
Intel Q2 2026: $16.1 Billion in Revenue and $293 Million in External Foundry Sales
Intel Foundry booked $5.8 billion of revenue in the second quarter. Two hundred ninety-three million of it came from customers other than Intel. That single ratio — ninety-five percent internal transfer pricing — is the argument the entire half-trillion-dollar market capitalization is resting on, and it barely moved this quarter. Everything else in the print was … [Read more...] about Intel Q2 2026: $16.1 Billion in Revenue and $293 Million in External Foundry Sales
Super Micro Computer Q4 FY26: Gross Margin Guide Nearly Doubles to 15%-17%
Super Micro Computer's preliminary Q4 FY26 update, released after market close on July 21, gives investors a data point that reframes the past year's narrative around the company. Revenue for the quarter ended June 30 will land near the low end of the $11.0 billion to $12.5 billion guidance range — a continuation of the demand softness that has weighed on shares through 2026. … [Read more...] about Super Micro Computer Q4 FY26: Gross Margin Guide Nearly Doubles to 15%-17%
Semiconductor Stocks Rebound After Confirming Bear Market Correction
The Philadelphia Semiconductor Index closed Friday more than 20 percent below its late-June record, the technical threshold for a bear market. Two trading sessions later, the index is up a combined figure north of 7 percent, with Tuesday's 3.7 percent gain marking the second consecutive advance. The question facing the sector is whether this is the start of a genuine recovery … [Read more...] about Semiconductor Stocks Rebound After Confirming Bear Market Correction
Tempus AI to Acquire Personalis for $16.25 Per Share in $1.5 Billion MRD Deal
Deal Terms and Structure Tempus AI (NASDAQ: TEM) has agreed to acquire the remaining shares of Personalis (NASDAQ: PSNL) it does not already own, at $16.25 per common share. The total enterprise value is $1.5 billion, net of Tempus' existing stake. The offer represents a 6% premium to Friday's close and a 28% premium to the unaffected 30-day VWAP. Consideration is structured … [Read more...] about Tempus AI to Acquire Personalis for $16.25 Per Share in $1.5 Billion MRD Deal