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AST SpaceMobile reports $31.5 million Q2 2026 revenue, reiterates $150 million–$200 million guidance

AST SpaceMobile reported second-quarter 2026 revenue of $31.5 million, up more than 100% sequentially, driven by government contract milestone revenue and sales of gateway equipment to carrier partners. Management reiterated its full-year revenue guidance of $150 million to $200 million. The company said it has recently secured more than $100 million in contracts. It also said it works with more than 60 mobile network operator partners covering more than 3 billion subscribers.

Burlington Stores posts fiscal Q2 profit of $184.3 million, sets full-year EPS outlook at $11.77 to $11.97

Burlington Stores said fiscal second-quarter net income rose to $184.3 million, with adjusted earnings of $2.96 per share. That topped Wall Street expectations of $2.18 per share, according to Zacks Investment Research. Revenue was $3 billion, slightly below the $3.03 billion analysts expected. The company also forecast full-year earnings of $11.77 to $11.97 per share.

The Motley Fool Australia

NEXTDC posts FY26 net revenue of $405 million and swings to $82.1 million profit

NEXTDC reported FY26 net revenue of $405 million, up 16%, and underlying EBITDA of $248.8 million, up 15%, both above the top end of its guidance. Statutory NPAT swung to a profit of $82.1 million from a $60.5 million loss. Contracted utilisation surged 202% to 740.1MW. Capital expenditure hit a record $3,397 million, $397 million above the top end of guidance, driven by land acquisitions and accelerated construction to meet customer delivery dates.

Why Is Snap Inc. (SNAP) Stock Price Down 8.45% Today, Aug 26? Pennsylvania Child-Safety Lawsuit Sparks Selloff

Snap Inc. (SNAP) fell 8.45% to close at $5.42 on August 26, 2026, after Pennsylvania filed a child-safety lawsuit against Snapchat. Read the daily analysis of Snap Inc.'s litigation-sensitive outlook, momentum risk and key technical levels.

Why Is Reddit (RDDT) Stock Price Down 4.36% Today, Aug 26? Google Licensing and Traffic Worries Trigger Pullback

Reddit (RDDT) fell 4.36% to $155.36 in the Aug 26, 2026 regular session as investors continued to weigh search-referral and Google data-licensing uncertainty against a cautious technology backdrop. Read the daily analysis of Reddit's traffic-risk outlook, momentum risk and key technical levels.

Why Is IREN Stock Price Down 6.23% Today, Aug 26? Pre-Earnings De-Risking Sparks Neocloud Pullback

IREN Limited (IREN) fell 6.23% to USD 39.58 on August 26, 2026, as traders reduced exposure before closely watched earnings reports. Read the daily analysis of IREN Limited's earnings-sensitive outlook, momentum risk and key technical levels.

Why Is Lumentum (LITE) Stock Price Up 6.04% Today, Aug 26? AI-Optics Continuation Rally Lifts Shares

Lumentum Holdings Inc (LITE) rose 6.04% to USD 939.03 in the August 26, 2026 regular session as continuation buying met a late-session bid for optical-communications shares. Read the daily analysis of Lumentum Holdings Inc's AI-optics outlook, momentum risk and key technical levels.

Why Is Moderna (MRNA) Stock Price Down 5.77% Today, Aug 26? Post-Rally Valuation Reassessment Triggers Pullback

Moderna (MRNA) fell 5.77% to $149.66 in the August 26, 2026 regular session as investors reassessed a sharp, vaccine-data-driven advance. Read the daily analysis of Moderna's post-rally outlook, momentum risk and key technical levels.

Why Is Western Digital (WDC) Stock Price Up 4.02% Today, Aug 26? Storage Sector Rebound and AI Demand Lift Shares

Western Digital (WDC) rose 4.02% to close at USD 468.88 on August 26, 2026, as storage shares strengthened and a rebound pattern drew attention after a sharp pullback. Read the daily analysis of Western Digital's storage-cycle outlook, momentum risk and key technical levels.

Why Is Applied Digital (APLD) Stock Price Down 6.86% Today, Aug 26? AI-Infrastructure Selloff Sparks Sector Pullback

Applied Digital (APLD) fell 6.86% to $26.87 in the August 26, 2026 regular session as AI infrastructure shares showed renewed risk aversion. Read the daily analysis of Applied Digital's AI-infrastructure outlook, momentum risk and key technical levels.

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