
CoreWeave is Off 20% Over 3 Months: A Prominent Tech Analyst Expects 65% Gains This Cycle
CoreWeave (NASDAQ:CRWV) currently trades at $91.90 against a consensus analyst target of $138.03.
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CoreWeave (NASDAQ:CRWV) currently trades at $91.90 against a consensus analyst target of $138.03.

AppLovin Corporation delivered a robust quarter with 52.4% revenue growth and an 83.8% adjusted EBITDA margin, yet shares sold off sharply on modest headline misses. APP's balance sheet is strong, with $3B cash, $3.5B debt, and a 29x interest coverage ratio, supporting continued self-funded growth. Opening AXON Ads to self-serve expands TAM, targeting $7B in first-year ad spend from new verticals beyond gaming, including fintech and CTV.

Wall Street was predicted to see a mixed open on Thursday, as another batch of technology earnings undermines confidence and apparent progress towards an Iran deal raises fears of yet another false dawn. Dow Jones futures were up 57 points, or 0.1%, with the blue-chip index on course to build on the previous session's record close.

NEW YORK, Aug. 06, 2026 (GLOBE NEWSWIRE) -- MiNK Therapeutics, Inc. (NASDAQ: INKT), a clinical-stage biopharmaceutical company pioneering allogeneic invariant natural killer T (iNKT) cell therapies to treat cancer and immune disorders, today announced that it will report financial results for the second quarter ended June 30, 2026, before the market opens on Thursday, August 13, 2026. The Company will host a conference call and webcast at 8:30 AM ET that morning to review financial results and provide a corporate update focused on the clinical advancement of agenT-797, MiNK's off-the-shelf allogeneic iNKT cell therapy, in acute lung injury.

The deal still faces substantial legal challenges in the U.S., where state attorneys general have sued to block the purchase.

Online secondhand marketplace ThredUp is adjusting its marketing tactics while navigating a “K-shaped” economy. The company reported quarterly earnings Wednesday (Aug. 5) showing revenues of $90.8 million, up 17% from the same quarter last year.

Initial agreement contemplates the purchase of up to 128 NVIDIA HGX B300 AI systems with an estimated aggregate hardware value of approximately $77 million based on current market pricing, subject to future purchase orders and customary conditions

Albemarle Corporation delivered strong Q2 2026 results, beating revenue and EPS estimates and raising guidance in its Specialties division. ALB generated $638M in free cash flow, reduced capital expenditures by 15%, and improved its balance sheet with significant debt repayment. Lithium demand is set to multiply, driven by both electric vehicles and surging energy storage needs, supporting ALB's long-term growth outlook.

Prediction markets have become a real-time barometer for corporate distress, layering crowd-sourced probability on top of balance sheets that already tell the story.

SAN MATEO, Calif., Aug. 06, 2026 (GLOBE NEWSWIRE) -- Freshworks Inc. (NASDAQ: FRSH) today announced that Freshservice, its AI-powered unified service operations platform, has achieved FedRAMP® ‘In-Process' status for Class C (Moderate) certification, signaling significant progress toward full authorization for U.S. federal government agencies. This designation marks a key milestone in Freshworks' plan to deliver modern service management software to federal agencies, and Freshservice is now listed on the FedRAMP Marketplace. Freshworks has engaged Coalfire, a leading provider of FedRAMP compliance assessments, to guide the authorization process.

DALLAS, Aug. 6, 2026 /PRNewswire/ -- NexPoint Real Estate Finance, Inc. ("NREF" or the "Company") (NYSE: NREF) today reported its financial results for the quarter ended June 30, 2026. NREF reported net income attributable to common stockholders of $5.4 million, or $0.29 per diluted share1, for the three months ended June 30, 2026.

RedCloud joins Microsoft, NVIDIA, Meta, OpenAI and others in backing open-weight AI — allowing the Company to specialise advanced models on FMCG trading data inside its own infrastructure, and deliver market-level intelligence without customer data leaving that environment RedCloud joins Microsoft, NVIDIA, Meta, OpenAI and others in backing open-weight AI — allowing the Company to specialise advanced models on FMCG trading data inside its own infrastructure, and deliver market-level intelligence without customer data leaving that environment

August 6, 2026 – 7:45 AM ET Amsterdam, the Netherlands – argenx (Euronext & Nasdaq: ARGX), a global immunology innovation company today announced that Avena Merger Sub Inc. (“Purchaser”), a wholly-owned subsidiary of argenx BV (“argenx”), has commenced a tender offer to purchase all of the issued and outstanding shares of Common Stock, par value $0.001 per share (the “Shares”), of Forte Biosciences, Inc. (“Forte”) (Nasdaq: FBRX), for $77.00 per Share, net to the seller in cash, without interest, subject to any applicable withholding taxes, and upon the terms and subject to the conditions set forth in the Offer to Purchase, dated August 6, 2026, and the accompanying Letter of Transmittal (together, and with other related materials, as they may be amended or supplemented from time to time, the “Offer”). The Offer is being made pursuant to an Agreement and Plan of Merger, dated as of July 26, 2026, by and among Forte, argenx and Purchaser (the “Merger Agreement”).

At $518.58, Advanced Micro Devices (NASDAQ:AMD | AMD Price Prediction) looks compelling, and its punishing beta of 2.49 works in shareholders' favor at this stage of the AI capex cycle.

Warby Parker swung to a second-quarter profit as results were helped by a tariff refund, offsetting costs of the upcoming launch of its artificial-intelligence eyewear.