Aug 05, 2026
Cencora Sees Specialty Growth Continue While GLP-1 Mix Weighs on Margins

Cencora Inc. (NYSE:COR) on Wednesday reported third-quarter adjusted earnings of $4.48 per share, beating the consensus of $4.35. The pharmaceutical solutions organization reported sales of $84.754 billion, up 5.1% year-over-year, beating the consensus of $84.315 billion, driven by steady demand…

Aug 05, 2026
What’s Behind the Silver Rally Wednesday?

The iShares Silver Trust (NYSE:SLV) is trading higher Wednesday afternoon, lifted by broad gains across precious metals. Here’s what’s driving the move. iShares Silver Trust stock is charging ahead with explosive momentum. What’s driving SLV stock higher? Silver Prices Surge…

Aug 05, 2026
SpaceX Lockup Expiry Could Send a Gentle Jolt Through QQQ, Nasdaq ETFs

Beginning Thursday, the proportion of SpaceX’s (NASDAQ:SPCX) shares available for public trading is set to rise from less than 5% to more than 12%, with more lockup expirations scheduled for Aug 20 and late September. The expanding free float could gradually…

Aug 05, 2026
GlobalFoundries Says AI Data Center Business Is Still in the ‘Early Innings’

GlobalFoundries Inc. (NASDAQ:GFS) stock declined Wednesday after the contract chipmaker reported better-than-expected fiscal second-quarter 2026 results, but a third-quarter outlook largely in line with Wall Street expectations failed to impress investors. The company reported revenue of $1.79 billion, up 6%…

Aug 05, 2026
Freshpet Short Squeeze – Pet Food Maker Stock Surges After Outlook Bump

Freshpet Inc. (NASDAQ:FRPT) reported better-than-expected second-quarter results Wednesday, as strong volume growth, improved plant leverage and lower input costs lifted sales and margins. The company also raised its fiscal 2026 sales and adjusted EBITDA outlook. Freshpet shares moved sharply higher…

Aug 05, 2026
Why Is Chipotle Mexican Grill Stock Surging on Wednesday?

Chipotle Mexican Grill, Inc. (NYSE:CMG) stock traded higher on Wednesday following broker commentary and a corporate regulatory disclosure. On Wednesday, research firm BTIG reiterated a Buy rating on Chipotle Mexican Grill stock and maintained its $45 price forecast. On Wednesday,…

Aug 05, 2026
Why Is Opendoor Stock Falling on Wednesday?

Opendoor Technologies Inc. (NASDAQ:OPEN) stock traded lower on Wednesday after the company reported second-quarter financial results on Tuesday and issued third-quarter sales guidance below estimates. Opendoor reported quarterly losses of three cents per share, which beat the consensus estimate for…