Microsoft is a leading global technology company known for its software products, services, and hardware devices. The company is best recognized for its Windows operating systems and the Microsoft Office suite, which facilitates productivity and collaboration for users worldwide. In addition to software, Microsoft also offers cloud computing services through its Azure platform, enabling businesses to leverage scalable and flexible computing resources. The company is actively involved in various sectors, including gaming with its Xbox platform, artificial intelligence, and cybersecurity, continually innovating and expanding its product offerings to meet the diverse needs of consumers and enterprises. Read More
Shares of newspaper and digital media company The New York Times (NYSE:NYT)
jumped 4.2% in the pre-market session after Amazon agreed to pay the company at least $20 million annually as part of a deal related to artificial intelligence. The agreement, reported by the Wall Street Journal, provided a new, significant revenue stream for the media company. This deal allows Amazon to use The New York Times' content to train its artificial intelligence models, highlighting the increasing value of high-quality journalism in the age of AI. The move signaled to investors that the company was successfully finding ways to monetize its vast archive of content beyond traditional subscriptions and advertising.
Shares of aircraft leasing company FTAI Aviation (NASDAQ:FTAI) jumped 20.3% in the morning session after the company reported strong second-quarter 2025 financial results, which featured a significant revenue beat and substantial growth in profitability.
Shares of bedding manufacturer and retailer Sleep Number (NASDAQ:SNBR)
fell 14.2% in the morning session after the company reported disappointing second-quarter financial results. The smart bed maker posted a second-quarter loss of $1.09 per share, which was significantly worse than the loss of $0.11 that analysts had anticipated. Revenue also missed expectations, falling 19.7% year-over-year to $328 million. The company attributed the poor results to lower sales volume, a reduced store count, and a 20% drop in same-store sales. These results came after Sleep Number aggressively cut costs, including its marketing budget, at the start of the quarter. The weak report came amid broader concerns about the health of consumer spending.
Shares of real estate franchise company RE/MAX (NYSE:RMAX)
fell 3.4% in the morning session after the company reported disappointing second-quarter financial results, including a revenue miss and a decline in its U.S. agent count, and subsequently lowered its full-year guidance.
Shares of video game publisher Electronic Arts (NASDAQ:EA)
jumped 5.8% in the morning session after the company reported strong first-quarter financial results that surpassed expectations, overshadowing a weaker outlook for the upcoming quarter.
Zuckerberg said future superintelligent systems will be embedded in devices like augmented reality glasses, capable of sensing and understanding a person’s environment.
The data protection and cybersecurity company received price target boosts from several brokerages, citing strong performance and momentum in the backup and recovery segment.
Industrial technology company Fortive (NYSE:FTV) met Wall Street’s revenue expectations in Q2 CY2025, but sales were flat year on year at $1.02 billion. Its non-GAAP profit of $0.58 per share was 2.1% below analysts’ consensus estimates.
Equipment distributor Watsco (NYSE:WSO) missed Wall Street’s revenue expectations in Q2 CY2025, with sales falling 3.6% year on year to $2.06 billion. Its GAAP profit of $4.52 per share was 5.6% below analysts’ consensus estimates.
HVAC company Trane (NYSE:TT) met Wall Street’s revenue expectations in Q2 CY2025, with sales up 8.3% year on year to $5.75 billion. Its non-GAAP profit of $3.88 per share was 2.3% above analysts’ consensus estimates.
AI stocks Palantir and CoreWeave have rocketed higher this year, but certain analysts expect shareholders to sustain major losses in the coming months.
