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Meta (NASDAQ:META) Faces a New Legal Storm as Thousands of Social-Media Addiction Lawsuits Move Forward

Legal risk has been a background hum at Meta Platforms (NASDAQ:META) for years. On Monday it grew louder. The U.S. Court of Appeals for the Ninth Circuit threw out appeals by Meta and TikTok's owner ByteDance against district court orders that had allowed youth …

Nitish Kishor | 12 August 2026

Nvidia's (NASDAQ:NVDA) $500 Billion AI Masterplan: Wall Street Giants Line Up to Finance the Next Compute Boom

Nvidia's (NASDAQ:NVDA) announcement was unusually short on plumbing for something carrying a $500 billion price tag. The company said it had signed memorandums of understanding with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to establish what it called independent compute financing platforms, intended …

Nitish Kishor | 12 August 2026

Coherent (NYSE:COHR) Heads Into Earnings With AI and Optical Demand in Focus as Wall Street Eyes Nearly 30% Revenue Growth

Coherent (NYSE:COHR) publishes results after the New York Stock Exchange closes on Wednesday, 12 August, with a call at 4:30pm Eastern. Because the company's financial year ends in June, this is a full-year report as well as a fourth quarter.

Nitish Kishor | 12 August 2026

Google (NASDAQ:GOOGL) Pulled Into Massive Social-Media Addiction Fight as Thousands of Lawsuits Advance

Google's central defense in the youth-addiction litigation has been to argue that YouTube belongs in a different category from Instagram, Snapchat and TikTok: a video library people search, not a feed that hunts them. Company counsel told a Los Angeles jury in February that …

Nitish Kishor | 12 August 2026

CoreWeave (NASDAQ:CRWV) Soars 18% Pre-Market on Blowout Q2 Results and Raised Guidance

CoreWeave (NASDAQ:CRWV) shares are surging 18.48% in pre-market trading Wednesday to $107.01, after the AI cloud infrastructure provider posted record second-quarter results late Tuesday. Revenue reached $2.58 billion, up 112% year-over-year and 24% sequentially, driven by strong customer demand. The company's revenue backlog ended …

Nitish Kishor | 12 August 2026

For Jumia Technologies (NYSE:JMIA) Investors, Today's Move Comes Ahead of Earnings

Jumia Technologies (NYSE:JMIA) shares are trading higher in pre-market trading Wednesday, up 4.13% to $6.05, ahead of the company's second-quarter 2026 earnings release scheduled before market open. Analyst consensus calls for an EPS loss of roughly $0.07 to $0.10 and revenue near $52.3 million, …

Nitish Kishor | 12 August 2026

Micron (NASDAQ:MU) Extends Gains in Pre-Market Trading on AI Memory Demand

Micron Technology (NASDAQ:MU) shares are extending recent gains in pre-market trading Wednesday, up 2.78% to $892.70, as investors continue to price in an acute AI-driven memory supply squeeze. Following the KeyBanc Technology Leadership Forum, Micron executives said the company is able to fulfill only …

Nitish Kishor | 12 August 2026

Nebius Group (NASDAQ:NBIS) Pre-Market Rally Builds Ahead of Q2 Earnings

Nebius Group (NASDAQ:NBIS) shares are surging in pre-market trading Wednesday, up 8.78% to around $210, as investors position ahead of the company's second-quarter 2026 earnings release before market open. The rally follows CoreWeave's (NASDAQ:CRWV) blowout second-quarter print, with revenue up 112% year-over-year and a …

Nitish Kishor | 12 August 2026

What's Happening With Super Micro Computer (NASDAQ:SMCI) Stock in Pre-Market Trading

Super Micro Computer (NASDAQ:SMCI) shares are surging in pre-market trading Wednesday, up 8.91% to $34.41, after the company delivered aBlowoutfiscal fourth-quarter report following Tuesday's close. Adjusted EPS of $1.70 crushed the $0.68 consensus, even as revenue of $11.1 billion came in slightly below the …

Nitish Kishor | 12 August 2026

Why Is Western Digital (NASDAQ:WDC) Stock Rising in Pre-Market Trading Today?

Western Digital (NASDAQ:WDC) shares are rising in pre-market trading Wednesday, up 3.04% to $451.25, rebounding from last week's post-earnings selloff as investors digest strong AI-driven cloud storageDemandand peer memory-sector strength. The move tracks broader gains in memory names, with reports pointing to Samsung and …

Nitish Kishor | 12 August 2026
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