Vishal Garg, the CEO who fired 900 on Zoom, offers to work for $1 a year to reclaim Better after $1.5 billion in losses
Yahoo Finance· 2026-08-20 22:05
Tasos Katopodis/Getty Images for Semafor World Economy Vishal Garg has long invoked "the American dream" as the motivation behind Better Home & Finance, known as Better, the online mortgage firm he launched 10 years ago to make mortgages more accessible. In an interview on Bloomberg's The Close, and in comments on the interview in LinkedIn, Garg said he had the support of more than 50% of voting shareholders and that the company's allegations were "bubkus," meaning nonsense. He also noted that the company's ...
The ‘GTA VI’ Leak Controversy, Explained
Forbes· 2026-08-20 22:04
Grand Theft Auto VI Rockstar Microtransactions are considered the scourge of the modern gaming landscape, and CyberLeek claims that GTA 6 contains an in-game currency that can be bought for real money, comparing it to Roblox's "Robux." The currency claim is unconfirmed, but the online versions of GTA V and Red Dead Redemption contain similar features. A hacker known as "CyberLeek" has been spilling the secrets of Rockstar's GTA VI, one of the most eagerly anticipated games of all time. The hacking group (or ...
It's Not Just SpaceX. Firefly Aerospace is Scoring Big Wins for Itself
247Wallst· 2026-08-20 22:04
It's Not Just SpaceX. Firefly Aerospace is Scoring Big Wins for Itself - 24/7 Wall St. It's Not Just SpaceX. Firefly Aerospace is Scoring Big Wins for Itself By Joey Frenette Published Aug 20, 10:04AM EDT Quick Read Firefly Aerospace has plunged 56% from its May highs, yet its growing backlog of lunar missions and defense contracts signals continued wins ahead. Firefly trades at just 15x price-to-sales versus SpaceX's 66x, making it a far cheaper entry point into the space economy. This post may contain lin ...
Autodesk (NASDAQ: ADSK) Stock Analysis: Market Cap, Performance, and Earnings Outlook
Financial Modeling Prep· 2026-08-20 22:03
Investors now look toward the company's earnings report on August 27, 2026. Projections show an Earnings Per Share (EPS) of $3.12 and revenue of $2.01 billion. EPS, or profit per share, is expected to grow by 19.08%, while revenue is projected to increase by 13.96% from last year. This neutral view reflects the stock's recent mixed performance. As highlighted by Zacks Investment Research, Autodesk stock falls 3.98% on August 17, closing at $241.64. This decline is notably sharper than the losses seen in the ...
AIR Global H1 Earnings Call Highlights
MarketBeat· 2026-08-20 22:03
Revenue for the six months ended June 30 rose 3.7% to $206.9 million from $199.5 million a year earlier. Gross profit increased 2.4% to $116.8 million. Adjusted EBITDA was $71.7 million, essentially unchanged from the prior-year period. Reported results were substantially affected by listing-related and other items. AIR Global recorded EBITDA of negative $52.1 million, compared with positive EBITDA of $61 million in the first half of 2025. The company reported an operating loss of $63.6 million and a net lo ...
Alvotech Q2 Earnings Call Highlights
MarketBeat· 2026-08-20 22:03
Alvotech NASDAQ: ALVO said its first-half 2026 results reflected a temporary manufacturing slowdown tied to facility and quality-system improvements at its Reykjavik site, while management reaffirmed full-year revenue and adjusted EBITDA guidance and highlighted upcoming regulatory decisions and product launches. Guidance Reaffirmed as Financing Bolsters Liquidity Alvotech reaffirmed its 2026 guidance for total revenue of $650 million to $700 million and adjusted EBITDA of $180 million to $220 million. Mana ...
NetEase Q2 Earnings Call Highlights
MarketBeat· 2026-08-20 22:03
NetEase NASDAQ: NTES reported second-quarter revenue of RMB 30.1 billion ($4.4 billion), supported by continued growth in its games business, while management highlighted live-service updates, global expansion and artificial intelligence investments as key parts of its operating strategy. Get NetEase alerts: Games and related value-added services generated RMB 25 billion in second-quarter revenue, up 10% from a year earlier. Online-game revenue totaled RMB 24.5 billion, rising 10% year over year but declini ...
Circle Internet Group Targets Trillions in USDC Growth as Arc Mainnet Nears
MarketBeat· 2026-08-20 22:03
Circle Internet Group NYSE: CRCL outlined its strategy for expanding USDC, payment infrastructure and its planned Arc blockchain during an earnings-related question-and-answer session, with the company's chief executive emphasizing stablecoin adoption in cross-border payments, capital markets and emerging agentic AI applications. Get Circle Internet Group alerts: The CEO said Circle has increased product-launch velocity since its initial public offering while keeping employee growth "slow and steady" to pre ...
Oracle: Cheap, But Too Early - The Real Inflection Comes In 2027
Seeking Alpha· 2026-08-20 22:03
Since my last Oracle Corporation ( ORCL ) analysis , the stock has lost -20% in price. I admittedly got too bullish, too early. I exited my ORCL position in stages because I came to the conclusion that the equity has Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other t ...
Trump administration to back US minerals projects with $500 million in grants
Reuters· 2026-08-20 22:03
The U.S. Department of Energy is awarding $500 million in grants to seven companies building domestic lithium, cobalt and other mineral and battery projects, the latest in a string of investments aimed at bolstering American mining and processing, according to a document seen by Reuters. ...