Midday Fly By: Domino's reports mixed Q2, Tempus AI to acquire Personalis
The major averages were mixed near noon as stocks look to rebound from last week's technology-led selloff. Attention is turning to a week of megacap earnings that could determine whether the AI-driven rally regains momentum. However, gains remain restrained by escalating geopolitical tensions in the Middle East. This week's earnings calendar is headlined by Alphabet, Tesla, Intel and IBM, with investors closely watching whether continued heavy spending on artificial intelligence infrastructure is translating into stronger financial results. The reports come after semiconductor stocks suffered a sharp reversal last week, pushing the Philadelphia Semiconductor Index more than 20% below its June high and into bear market territory. Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1. STOCK NEWS: Domino's Pizza (DPZ) reported mixed Q2 results, with U.S. same store sales growing 0.1% but international same store sales falling 0.1% Tempus AI (TEM) agreed to acquire Personalis (PSNL) for $16.25 per share AMC Entertainment (AMC) reported better-than-expected Q2 earnings and revenue Brookfield (BAM) and Canada Pension Plan Investment Board.
The major averages were mixed near noon as stocks look to rebound from last week's technology-led selloff.
Attention is turning to a week of megacap earnings that could determine whether the AI-driven rally regains momentum.
However, gains remain restrained by escalating geopolitical tensions in the Middle East.
This week's earnings calendar is headlined by Alphabet, Tesla, Intel and IBM, with investors closely watching whether continued heavy spending on artificial intelligence infrastructure is translating into stronger financial results.
The reports come after semiconductor stocks suffered a sharp reversal last week, pushing the Philadelphia Semiconductor Index more than 20% below its June high and into bear market territory.
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.
1.
STOCK NEWS: Domino's Pizza (DPZ) reported mixed Q2 results, with U.S. same store sales growing 0.1% but international same store sales falling 0.1% Tempus AI (TEM) agreed to acquire Personalis (PSNL) for $16.25 per share AMC Entertainment (AMC) reported better-than-expected Q2 earnings and revenue Brookfield (BAM) and Canada Pension Plan Investment Board.