Gap Stock Surges on Q2 Earnings, New Old Navy CEO
Gap reports financial results for the second quarter on Thursday after the bell. Here’s a look at the key highlights from the quarter.
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Bill Gates’ Daughter Under Fire Over Reported ‘Cookie Stuffing’ Scheme at Her E-Commerce Startup—What Is It?
Billionaire Bill Gates' daughter, Phoebe Gates and her business partner reportedly "pushed for" cookie stuffing in their e-commerce startup.
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- Aug 13, 2026, 8:22 AM
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Gap shares are trading higher after the company reported better-than-expected Q2 adjusted EPS results and raised their FY26 EPS guidance above estimates. Also, the company narrowed its FY26 sales guidance above estimates.
Read original at benzingaGap Raises FY2026 GAAP EPS Guidance from $2.83-$2.93 to $3.77-$3.87 vs $2.47 Est
Gap (NYSE:GAP) raises FY2026 GAAP EPS guidance from $2.83-$2.93 to $3.77-$3.87 vs $2.47 analyst estimate..
Read original at benzinga8-K filing — GAP INC (GAP)
Filed: 2026-08-27 AccNo: 0001628280-26-059262 Size: 515 KB Item 2.02: Results of Operations and Financial Condition Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits
Read original at edgarNVIDIA Earnings Wrap Up Strong Mag 7 Reporting Cycle
NVIDIA capped off the Magnificent Seven earnings cycle with impressive Q2 results, posting 106% revenue growth to $96.2 billion and 120% EPS growth. Data Center revenue surged 117% year-over-year to $89.0 billion, driven by accelerating AI demand. Apple and Microsoft also delivered strong results, with Apple posting record June-quarter revenue of $109.4 billion (16% YoY growth) and Microsoft showing 18% sales growth with Azure's Intelligent Cloud revenue up 32% YoY, demonstrating the health of the AI investment boom.
Read original at zacks-investment-research'Anthropic planned, then abandoned $7B purchase of MatX, sources say'- Reuters Exclusive
https://www.reuters.com/business/finance/anthropic-planned-then-abandoned-7-billion-purchase-matx-sources-say-2026-08-27/
Read original at benzinga