
Block slashed 40% of its workforce for AI — and earnings suggest that's paying off
“We can ship higher-quality products much, much more quickly,” an executive said in the wake of the company's better-than-expected earnings report
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“We can ship higher-quality products much, much more quickly,” an executive said in the wake of the company's better-than-expected earnings report

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 44 classes of mortgage-backed notes from PMT Loan Trust 2026-CNF7 (PMTLT 2026-CNF7), a prime RMBS transaction sponsored by PennyMac Corp. (PennyMac), an indirect, wholly-owned subsidiary of PennyMac Mortgage Investment Trust (PMT). PMTLT 2026-CNF7 comprises 669 agency-eligible, conforming mortgage loans with an aggregate stated principal balance of approximately $348.2 million as of the August 1, 2026 cut-off date. The underlying co.

NEW YORK, Aug. 5, 2026 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of GoDaddy Inc. (NYSE: GDDY) resulting from allegations that GoDaddy may have issued materially misleading business information to the investing public. So What: If you purchased GoDaddy securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Payroll processor Paycom on Wednesday lifted its annual revenue forecast, driven by steady demand for its AI-driven employee management services.

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company ("Tennant" or the "Company") (NYSE: TNC) today reported its financial results for the quarter ended June 30, 2026. (In millions, except per share data) Three Months Ended June 30, Six Months Ended June 30, 2026 2025 Incr / (Decr) 2026 2025 Incr / (Decr) Net sales $ 324.0 $ 318.6 1.7 % $ 621.9 $ 608.6 2.2 % Net income $ 7.6 $ 20.2 (62.4 )% $ 7.8 $ 33.3 (76.6 )% Diluted EPS $ 0.44 $.

New York, New York--(Newsfile Corp. - August 5, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of securities of Avis Budget Group, Inc. (NASDAQ: CAR), including those who bought Avis common stock to cover a short position, between February 20, 2025 and April 21, 2026, inclusive (the "Class Period"). A class action lawsuit has already been filed.

Cirrus Logic (CRUS) came out with quarterly earnings of $1.84 per share, beating the Zacks Consensus Estimate of $1.8 per share. This compares to earnings of $1.51 per share a year ago.

Vanda Pharmaceuticals (VNDA) came out with a quarterly loss of $1.04 per share versus the Zacks Consensus Estimate of a loss of $0.51. This compares to a loss of $0.46 per share a year ago.

Gemini Space Station, Inc. is rated Speculative Buy with a 12-month price target of $7–$8, despite a 90% post-IPO decline. GEMI's unique regulatory stack (DCM, DCO, FINRA) is valued near zero by the market, yet provides a competitive moat competitors cannot quickly replicate. Revenue grew 42% in Q1 2026 despite a 53% spot trading volume decline, with new products (prediction markets, equities, agentic trading) driving diversification.

If you purchased or acquired stock in Replimune and would like to discuss your legal rights, contact Bragar Eagel & Squire partners Brandon Walker or Melissa Fortunato by email at investigations@bespc.com or by telephone at (212) 355-4648.

Eli Lilly and Company (LLY) Q2 2026 Earnings Call Transcript

Capri Holdings Limited (CPRI) Q1 2027 Earnings Call Transcript

Third Quarter 2026 Asset Allocation Outlook Recession likelihood is low over our three-year forecast period. Economic growth continues near trend, with policy spurring business investment.

Artificial intelligence is reshaping not only the technology sector, but also how investors define value.

ATLANTA, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether Taboola.com Ltd. (“Taboola” or the “Company”) (NASDAQ: TBLA) complied with federal securities laws.