Amazon is a top pick and will get a big boost from a slew of catalysts, says Morgan Stanley
Amazon is likely to gain ground on its AI-focused AWS push, in addition to its agentic and physical AI initiatives, per Morgan Stanley.
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Airbnb Q2 Revenue Rises 17% to $3.6 Billion, Raises 2026 Outlook
Airbnb reported second-quarter revenue of $3.6 billion, up 17% year over year, and gross booking value of $27.2 billion, up 16%. The company raised its full-year 2026 outlook, expecting revenue growth of at least mid-teens and an adjusted EBITDA margin of at least 35.5%.
Karat Packaging Reports Record Q2 Sales of More Than $136 Million
Karat Packaging reported record second-quarter net sales of more than $136 million, up 9.9% year over year. Net income rose 168.3% to $29.6 million, including a $25.8 million tariff refund; the company expects low-double-digit sales growth for the rest of 2026.
PepsiCo cuts profit outlook
PepsiCo said it cut its profit outlook. The update is a factual company guidance change but appears as part of a broader market wrap rather than a standalone breaking release.
GigaCloud Tech Q2 2026 Earnings Call: Complete Transcript
On Thursday, GigaCloud Tech (NASDAQ: GCT ) discussed second-quarter financial results during its earnings call. The full transcript is provided below. This content is powered APIs. For comprehensive financial data and transcripts, visit Access the full call at Summary GigaCloud Tech reported a 28% year-over-year revenu