Blink Charging, dfYOUNG Partner For Simplified EV Fleet Management
The companies aim to streamline the EV transition by combining Blink's charging technology with dfYOUNG's fleet logistics expertise.
As part of the collaboration, dfYOUNG will deliver and install pre-packaged, RFID-enabled Blink chargers at sales representatives' homes.Blink will handle around-the-clock customer support, while dfYOUNG oversees fleet operations, which include delivery tracking, job completion, safety checks, and regulatory compliance.
The news comes as Blink Charging's stock has faced significant headwinds, plunging over 19% year-to-date. This decline is largely attributed to the company missing analyst revenue estimates for the past four consecutive quarters and EPS estimates for at least two quarters.
The stock performance has also been impacted by the Trump administration's recent reversal of EV tax credits. The U.S. House of Representatives approved President Donald Trump's 'Big Beautiful Bill,' which terminates the $7,500 tax credit for new U.S.-made EVs, effective September 30, 2025.
This policy change is expected to negatively affect the EV industry and its ecosystem, including companies like Blink Charging, with some automakers already increasing EV prices in response.
Despite these challenges, Blink Charging has remained committed to unlocking value through strategic partnerships, acquisitions, and geographical expansions.
Last Monday, Blink Charging expanded its partnership with Belgian real estate firm Group Bernaerts to boost EV charging infrastructure across Belgium. By the end of 2025, it plans to install at least 176 active chargers at Bernaerts-owned properties. The stock gained close to 13% after the update.
Since the partnership was launched in 2022, the two companies have deployed 88 charging stations in Antwerp and Mechelen. As they accelerate their sustainability goals, they expect to double that number by the end of this year.
On July 16, Blink Charging expanded its EV network in South Florida by installing Series 7 chargers at two Accesso-managed commercial properties. The move strengthens Blink's regional presence, bringing clean energy charging to high-traffic sites in Sunrise and West Boca Raton.
On July 14, Blink Charging expanded its EV charging footprint by acquiring Zemetric, a Silicon Valley-based fleet-focused infrastructure firm. The deal brings Zemetric's leadership team, now filling key executive roles at Blink, together to accelerate innovation and global growth in smart fleet charging.
On July 10, Blink Charging advanced its U.K. expansion by partnering with Axxeltrova to launch a £100 million fund for EV infrastructure growth. Under the deal, Axxeltrova will fund and own the chargers, while Blink installs, operates, and maintains them through its Blink Network.
Price Action: BLNK shares are trading lower by 5.36% to $1.060 at last check Monday.
Photo via Shutterstock
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Earnings live: Airbnb beats, DoorDash stock pops, Lyft slides after Uber set the bar high
Second quarter earnings season is in full swing, and the results have been largely positive so far, with more positive surprises than negative ones. Companies had a lower bar to clear coming into the quarter, as analysts tempered their expectations amid President Trump's tariffs, stocks' lofty valuations, and uncertainty about the health of the US economy. This week, investors hear from Tyson (TSN), AMD (AMD), Snap (SNAP), McDonald's (MCD), Disney (DIS), Uber (UBER), Lyft (LYFT), Palantir (PLTR), and more when they report results. Data from FactSet published Friday showed that with 66% of the index having reported results, analysts expect S&P 500 companies to report a 10.3% jump in earnings per share during the second quarter. Heading into the quarter, analysts expected S&P 500 earnings to rise 5% in Q2, which would mark the slowest pace of earnings growth since the fourth quarter of 2023. Here are the latest updates from corporate America. 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DoorDash stock pops after earnings beat across all metrics as consumers paid up for convenience DoorDash (DASH) reported second quarter results that beat on both the top and bottom lines on Wednesday, with its orders also rising more than forecast. Earnings per share came in at $0.65, $0.20 more than the Street had forecast. Adjusted EBITDA reached $655 million in the quarter. Revenue grew 25% year over year to $3.28 billion, compared to the $3.17 billion the Street predicted. Total orders, which means all orders through its marketplaces and commerce platform, also jumped 20% to 761 million in the quarter. That's more than the 749 million analysts had anticipated. Shares rose as much as 3% after the results. Marketplace GOV, which is the total dollar value of transactions completed through the marketplace, including taxes, tips, and fees related to DashPass and its international platform Wolt+, clocked in at $24.2 billion compared to the expected $23.6 billion. Year to date, the stock has been on a tear, up more than 50%, compared to the S&P 500's (^GSPC) 8% gain. The company said total orders were driven by strength in the US restaurant category, as its DashPass membership members ordered more frequently. It added that it continues to "improve the value proposition" for its DashPass membership. DoorDash expects marketplace GOV in the current quarter to come in between $24.2 billion and $24.7 billion. Adjusted EBITDA is expected to fall between $680 million and$780 million in its third quarter. Shopify stock soars on upbeat forecast, 31% revenue growth Shopify (SHOP) stock surged 18% before the opening bell after the commerce technology company provided an upbeat forecast and positive results. Gross profit rose to $1.3 billion in the quarter, while revenue reached $2.68 billion, compared to estimates of $2.54 billion. Shopify's second quarter revenue marked a 31% increase from a year ago as the company benefited from investments in product features and artificial intelligence. For the third quarter, Shopify anticipates revenue to grow at a mid-to-high twenties percentage rate on a year-over-year basis. Gross profit dollars are expected to grow at a low-twenties percentage rate annually. 'Today's results are the payoff from bold bets we made years ago,' Shopify president Harley Finkelstein said in a statement. 'The investments we're making now will fuel our next chapter.' Listen to Shopify's earnings call live here. Uber beats second quarter estimates, unveils $20 billion stock buyback program Uber (UBER) stock gained around 1% in premarket trading after the ride-hailing company announced a $20 billion stock buyback program and lifted its bookings guidance for the third quarter. Uber's second quarter profits rose to $0.63 per share from $0.47 per share a year ago, roughly in line with estimates. Revenue topped estimates at $12.66 billion for the quarter, compared to $12.46 billion expected. Reuters reports: Novavax beats quarterly revenue estimates on milestone payment Reuters reports: Read more here. Novo Nordisk misses Wall Street estimates for Q2 earnings on slower GLP-1 sales Novo Nordisk (NVO) missed estimates on the top and bottom lines for the second quarter, sending shares about 2.5% lower in premarket trading. The company reported earnings per share of $5.96, falling short of the $6.06 earnings per share Wall Street expected. Revenue barely missed estimates, coming in at $11.95 billion versus estimates of $11.97 billion. Novo Nordisk reported overall sales rose 16% year over year. Yahoo Finance's Anjalee Khemlani reports that its two blockbuster diabetes and weight-loss drugs — Wegovy and Ozempic — brought in about two-thirds of total revenue reported in the quarter, or $7.9 billion. Anjalee writes: Read more here. McDonald's stock rises after company reverses US sales slump McDonald's (MCD) reported a return to sales growth in the second quarter, as global comparable sales jumped 3.8%, above analysts' estimates for a 2.5% increase. US same-store sales increased 2.5% in the company's fiscal second quarter, marking a turnaround from the 3.6% drop in the first quarter and above estimates of 2.3%. US same-store sales fell 0.7% in the same quarter last year. McDonald's stock rose 3.6% in premarket trading. Yahoo Finance's Brooke DiPalma reports: Read more here. Disney lifts profit outlook as parks, streaming drive Q3 earnings beat Yahoo Finance's Allie Canal reports: Read more here. Honda Q1 profit halves on tariffs, but raises outlook Shares in Honda Motor (HMC) rose 2% premarket after the automaker reported a 50% drop in first-quarter operating profit on Wednesday as a stronger yen and the impact of US President Donald Trump's tariffs took its toll, but the company raised its full-year forecast. Reuters reports: Read more here. Opendoor stock plunges on earnings after meme stock rally Opendoor (OPEN) stock sank precipitously following earnings. Shares of the iBuyer platform, which has become a retail investor darling in recent weeks, dropped as much as 19% despite beats on the top and bottom lines. The stock went on a wild ride in July as retail trader enthusiasm and a thesis from investor and Carvana spotter Eric Jackson bid up shares. Over the past month, Opendoor stock has climbed over 300%. That might be partly why the stock is selling off on the earnings news. The company reported a loss per share of $0.01 for the quarter, compared to estimates for a loss per share of $0.03. Revenue grew 4% annually to $1.6 billion, also above Wall Street analysts' expectations for revenue of $1.5 billion. For the third quarter, Opendoor forecast revenue from $800 million to $875 million. Snap stock drops on weaker-than-expected revenue growth Snap (SNAP) stock declined nearly 15% after Snap reported its slowest revenue growth in more than a year. The Snapchat-parent's net loss in Q2 increased to $263 million from $249 million a year ago. Second quarter revenue rose 8.1% to $1.34 billion, largely in line with estimates. Reuters reports: Read more here. AMD posts mixed Q2 results but offers better than expected Q3 outlook on AI sales Yahoo Finance's Daniel Howley reports: Read more here. Super Micro stock tanks after quarterly revenue miss Super Micro Computer (SMCI) stock plunged 15% after the company's fiscal fourth quarter revenue fell short of estimates amid intense competition for AI server makers. Here's what Super Micro reported against Wall Street consensus estimates compiled by S&P Global Market Intelligence: Lucid misses on both top and bottom lines, trims production forecast Yahoo Finance's Pras Subramanian reports: Read more here. Rivian reports mixed Q2 results, widens 2025 loss projection as tariffs and loss of EV tax credit bite Tariffs and other policies weighed on Rivian's (RIVN) bottom line in the second quarter. For the quarter, Rivian reported a $0.97 loss per share, compared to $0.77 expected, per Bloomberg consensus estimates, with an adjusted EBITDA loss of $667 million versus $493 million expected. The EV maker also did not report a gross profit. Rivian reported revenue of $1.303 billion, compared to $1.28 billion expected and $1.158 billion a year ago. The company also widened its full-year loss projection but increased its EBITDA guidance. Yahoo Finance's Pras Subramanian reports: Read more here. Rivian Q2 earnings preview: EV tax credit impact, R2 SUV update on the agenda Pure-play EV maker Rivian (RIVN) has been building toward profitability, but the loss of federal EV tax credits expiring at the end of September will likely hurt the company's ability to scale up sales. Yahoo Finance's Pras Subramanian previews what to expect when Rivian reports second quarter earnings after the bell on Tuesday: Read more here. Yum Brands stock falls amid underperformance in the US Yum Brands (YUM) stock fell over 3% on Tuesday after an earnings miss and weaker-than-expected sales in the US amid a tougher consumer environment. "Even with a solid overall top line performance, we have opportunities to improve performance in underperforming regions such as the US and parts of Europe, where challenges stem from gaps in value perception, inconsistent consumer experience, and innovation that has not fully resonated with consumers," Yum Brands CEO David Gibbs said on the earnings call. The Taco Bell parent company reported earnings per share of $1.44 adjusted versus $1.46 expected, according to estimates compiled by S&P Global Market Intelligence. Revenue for the quarter hit $1.93 billion, roughly in line with the $1.94 billion expected. US same-store sales for KFC and Pizza Hut fell 5% year over year. US system sales for Taco Bell grew 6%. Lemonade stock jumps on solid guidance Lemonade (LMND) stock jumped 8% in premarket trading as the insurance company kicked off its earnings call and reported a narrower loss than expected. In the second quarter, Lemonade posted a loss of $0.60 per share. Analysts were expecting an $0.80 per share loss. Revenue of $164.1 million beat estimates for $160.8 million and rose 34% from the same period a year ago. Gross profit increased by 109% year on year to $64.3 million, while gross margin improved by 14 points to 39%, the company said. Lemonade also raised its full-year revenue guidance to $710 million-$715 million. Listen to the earnings call here. Caterpillar warns of up to $1.5 billion tariff hit, profit misses on weak demand Caterpillar (CAT) is expecting a bigger hit from tariffs in the third quarter and the rest of 2025 than it initially projected, as President Trump's tariffs hit the industrial and manufacturing segment especially hard. The company flagged a tariff impact of $400 million to $500 million in the third quarter and $1.5 billion hit from costs tied to US tariffs in 2025. Caterpillar was able to offset some of the higher tariff costs; however, higher interest rates and a slowdown in US construction activity led to a pullback in demand for its products. The heavy machinery manufacturer reported adjusted earnings per share of $4.72 on revenue of $16.6 billion. Analysts were expecting adjusted EPS of $4.90 on revenue of $16.3 billion, according to S&P Global Market Intelligence. Caterpillar stock fell less than 1% in premarket trading. Lyft stock slides after results failed to impress Lyft (LYFT) stock slid after hours after the ride-hailing company missed second quarter revenue estimates on Wednesday amid heightened competition with Uber (UBER) and weakening demand. However, Lyft raised its guidance for gross bookings in the current quarter to between $4.65 billion and $4.80 billion, well above estimates of $4.59 billion. Here are Lyft's top and bottom line results for the quarter, compared to S&P Global Market Intelligence consensus estimates: Earlier in the day, rival Uber reported it saw trips surge 18% year over year, putting pressure on Lyft to report impressive results. While Uber stock popped earlier in the day, it closed about 0.2% lower on the day. Reuters reports: Read more here. Lyft (LYFT) stock slid after hours after the ride-hailing company missed second quarter revenue estimates on Wednesday amid heightened competition with Uber (UBER) and weakening demand. However, Lyft raised its guidance for gross bookings in the current quarter to between $4.65 billion and $4.80 billion, well above estimates of $4.59 billion. Here are Lyft's top and bottom line results for the quarter, compared to S&P Global Market Intelligence consensus estimates: Earlier in the day, rival Uber reported it saw trips surge 18% year over year, putting pressure on Lyft to report impressive results. While Uber stock popped earlier in the day, it closed about 0.2% lower on the day. Reuters reports: Read more here. Airbnb earnings top estimates, company announces $6 billion in stock buybacks Airbnb (ABNB) stock wavered in after-hours trading after better-than-expected earnings, a slight guidance lift, and a new $6 billion stock buyback program. The company said it saw stable travel demand and booking lead times in the second quarter despite global economic uncertainty. Net income grew 16% year over year to $642 million, the company reported, with earnings per share coming in at $1.03 versus $0.94 estimated. Revenue rose 13% year over year, reaching $3.1 billion, above estimates for $3.02 billion. For the third quarter, Airbnb expects revenue between $4.02 billion and $4.10 billion, the midpoint of which is higher than analysts' average estimate of $4.05 billion. Airbnb also announced a new stock buyback program to purchase up to an additional $6 billion of Class A common stock. Read more here. Airbnb (ABNB) stock wavered in after-hours trading after better-than-expected earnings, a slight guidance lift, and a new $6 billion stock buyback program. The company said it saw stable travel demand and booking lead times in the second quarter despite global economic uncertainty. Net income grew 16% year over year to $642 million, the company reported, with earnings per share coming in at $1.03 versus $0.94 estimated. Revenue rose 13% year over year, reaching $3.1 billion, above estimates for $3.02 billion. For the third quarter, Airbnb expects revenue between $4.02 billion and $4.10 billion, the midpoint of which is higher than analysts' average estimate of $4.05 billion. Airbnb also announced a new stock buyback program to purchase up to an additional $6 billion of Class A common stock. Read more here. DoorDash stock pops after earnings beat across all metrics as consumers paid up for convenience DoorDash (DASH) reported second quarter results that beat on both the top and bottom lines on Wednesday, with its orders also rising more than forecast. Earnings per share came in at $0.65, $0.20 more than the Street had forecast. Adjusted EBITDA reached $655 million in the quarter. Revenue grew 25% year over year to $3.28 billion, compared to the $3.17 billion the Street predicted. Total orders, which means all orders through its marketplaces and commerce platform, also jumped 20% to 761 million in the quarter. That's more than the 749 million analysts had anticipated. Shares rose as much as 3% after the results. Marketplace GOV, which is the total dollar value of transactions completed through the marketplace, including taxes, tips, and fees related to DashPass and its international platform Wolt+, clocked in at $24.2 billion compared to the expected $23.6 billion. Year to date, the stock has been on a tear, up more than 50%, compared to the S&P 500's (^GSPC) 8% gain. The company said total orders were driven by strength in the US restaurant category, as its DashPass membership members ordered more frequently. It added that it continues to "improve the value proposition" for its DashPass membership. DoorDash expects marketplace GOV in the current quarter to come in between $24.2 billion and $24.7 billion. Adjusted EBITDA is expected to fall between $680 million and$780 million in its third quarter. DoorDash (DASH) reported second quarter results that beat on both the top and bottom lines on Wednesday, with its orders also rising more than forecast. Earnings per share came in at $0.65, $0.20 more than the Street had forecast. Adjusted EBITDA reached $655 million in the quarter. Revenue grew 25% year over year to $3.28 billion, compared to the $3.17 billion the Street predicted. Total orders, which means all orders through its marketplaces and commerce platform, also jumped 20% to 761 million in the quarter. That's more than the 749 million analysts had anticipated. Shares rose as much as 3% after the results. Marketplace GOV, which is the total dollar value of transactions completed through the marketplace, including taxes, tips, and fees related to DashPass and its international platform Wolt+, clocked in at $24.2 billion compared to the expected $23.6 billion. Year to date, the stock has been on a tear, up more than 50%, compared to the S&P 500's (^GSPC) 8% gain. The company said total orders were driven by strength in the US restaurant category, as its DashPass membership members ordered more frequently. It added that it continues to "improve the value proposition" for its DashPass membership. DoorDash expects marketplace GOV in the current quarter to come in between $24.2 billion and $24.7 billion. Adjusted EBITDA is expected to fall between $680 million and$780 million in its third quarter. Shopify stock soars on upbeat forecast, 31% revenue growth Shopify (SHOP) stock surged 18% before the opening bell after the commerce technology company provided an upbeat forecast and positive results. Gross profit rose to $1.3 billion in the quarter, while revenue reached $2.68 billion, compared to estimates of $2.54 billion. Shopify's second quarter revenue marked a 31% increase from a year ago as the company benefited from investments in product features and artificial intelligence. For the third quarter, Shopify anticipates revenue to grow at a mid-to-high twenties percentage rate on a year-over-year basis. Gross profit dollars are expected to grow at a low-twenties percentage rate annually. 'Today's results are the payoff from bold bets we made years ago,' Shopify president Harley Finkelstein said in a statement. 'The investments we're making now will fuel our next chapter.' Listen to Shopify's earnings call live here. Shopify (SHOP) stock surged 18% before the opening bell after the commerce technology company provided an upbeat forecast and positive results. Gross profit rose to $1.3 billion in the quarter, while revenue reached $2.68 billion, compared to estimates of $2.54 billion. Shopify's second quarter revenue marked a 31% increase from a year ago as the company benefited from investments in product features and artificial intelligence. For the third quarter, Shopify anticipates revenue to grow at a mid-to-high twenties percentage rate on a year-over-year basis. Gross profit dollars are expected to grow at a low-twenties percentage rate annually. 'Today's results are the payoff from bold bets we made years ago,' Shopify president Harley Finkelstein said in a statement. 'The investments we're making now will fuel our next chapter.' Listen to Shopify's earnings call live here. Uber beats second quarter estimates, unveils $20 billion stock buyback program Uber (UBER) stock gained around 1% in premarket trading after the ride-hailing company announced a $20 billion stock buyback program and lifted its bookings guidance for the third quarter. Uber's second quarter profits rose to $0.63 per share from $0.47 per share a year ago, roughly in line with estimates. Revenue topped estimates at $12.66 billion for the quarter, compared to $12.46 billion expected. Reuters reports: Uber (UBER) stock gained around 1% in premarket trading after the ride-hailing company announced a $20 billion stock buyback program and lifted its bookings guidance for the third quarter. Uber's second quarter profits rose to $0.63 per share from $0.47 per share a year ago, roughly in line with estimates. Revenue topped estimates at $12.66 billion for the quarter, compared to $12.46 billion expected. Reuters reports: Novavax beats quarterly revenue estimates on milestone payment Reuters reports: Read more here. Reuters reports: Read more here. Novo Nordisk misses Wall Street estimates for Q2 earnings on slower GLP-1 sales Novo Nordisk (NVO) missed estimates on the top and bottom lines for the second quarter, sending shares about 2.5% lower in premarket trading. The company reported earnings per share of $5.96, falling short of the $6.06 earnings per share Wall Street expected. Revenue barely missed estimates, coming in at $11.95 billion versus estimates of $11.97 billion. Novo Nordisk reported overall sales rose 16% year over year. Yahoo Finance's Anjalee Khemlani reports that its two blockbuster diabetes and weight-loss drugs — Wegovy and Ozempic — brought in about two-thirds of total revenue reported in the quarter, or $7.9 billion. Anjalee writes: Read more here. Novo Nordisk (NVO) missed estimates on the top and bottom lines for the second quarter, sending shares about 2.5% lower in premarket trading. The company reported earnings per share of $5.96, falling short of the $6.06 earnings per share Wall Street expected. Revenue barely missed estimates, coming in at $11.95 billion versus estimates of $11.97 billion. Novo Nordisk reported overall sales rose 16% year over year. Yahoo Finance's Anjalee Khemlani reports that its two blockbuster diabetes and weight-loss drugs — Wegovy and Ozempic — brought in about two-thirds of total revenue reported in the quarter, or $7.9 billion. Anjalee writes: Read more here. McDonald's stock rises after company reverses US sales slump McDonald's (MCD) reported a return to sales growth in the second quarter, as global comparable sales jumped 3.8%, above analysts' estimates for a 2.5% increase. US same-store sales increased 2.5% in the company's fiscal second quarter, marking a turnaround from the 3.6% drop in the first quarter and above estimates of 2.3%. US same-store sales fell 0.7% in the same quarter last year. McDonald's stock rose 3.6% in premarket trading. Yahoo Finance's Brooke DiPalma reports: Read more here. McDonald's (MCD) reported a return to sales growth in the second quarter, as global comparable sales jumped 3.8%, above analysts' estimates for a 2.5% increase. US same-store sales increased 2.5% in the company's fiscal second quarter, marking a turnaround from the 3.6% drop in the first quarter and above estimates of 2.3%. US same-store sales fell 0.7% in the same quarter last year. McDonald's stock rose 3.6% in premarket trading. Yahoo Finance's Brooke DiPalma reports: Read more here. Disney lifts profit outlook as parks, streaming drive Q3 earnings beat Yahoo Finance's Allie Canal reports: Read more here. Yahoo Finance's Allie Canal reports: Read more here. Honda Q1 profit halves on tariffs, but raises outlook Shares in Honda Motor (HMC) rose 2% premarket after the automaker reported a 50% drop in first-quarter operating profit on Wednesday as a stronger yen and the impact of US President Donald Trump's tariffs took its toll, but the company raised its full-year forecast. Reuters reports: Read more here. Shares in Honda Motor (HMC) rose 2% premarket after the automaker reported a 50% drop in first-quarter operating profit on Wednesday as a stronger yen and the impact of US President Donald Trump's tariffs took its toll, but the company raised its full-year forecast. Reuters reports: Read more here. Opendoor stock plunges on earnings after meme stock rally Opendoor (OPEN) stock sank precipitously following earnings. Shares of the iBuyer platform, which has become a retail investor darling in recent weeks, dropped as much as 19% despite beats on the top and bottom lines. The stock went on a wild ride in July as retail trader enthusiasm and a thesis from investor and Carvana spotter Eric Jackson bid up shares. Over the past month, Opendoor stock has climbed over 300%. That might be partly why the stock is selling off on the earnings news. The company reported a loss per share of $0.01 for the quarter, compared to estimates for a loss per share of $0.03. Revenue grew 4% annually to $1.6 billion, also above Wall Street analysts' expectations for revenue of $1.5 billion. For the third quarter, Opendoor forecast revenue from $800 million to $875 million. Opendoor (OPEN) stock sank precipitously following earnings. Shares of the iBuyer platform, which has become a retail investor darling in recent weeks, dropped as much as 19% despite beats on the top and bottom lines. The stock went on a wild ride in July as retail trader enthusiasm and a thesis from investor and Carvana spotter Eric Jackson bid up shares. Over the past month, Opendoor stock has climbed over 300%. That might be partly why the stock is selling off on the earnings news. The company reported a loss per share of $0.01 for the quarter, compared to estimates for a loss per share of $0.03. Revenue grew 4% annually to $1.6 billion, also above Wall Street analysts' expectations for revenue of $1.5 billion. For the third quarter, Opendoor forecast revenue from $800 million to $875 million. Snap stock drops on weaker-than-expected revenue growth Snap (SNAP) stock declined nearly 15% after Snap reported its slowest revenue growth in more than a year. The Snapchat-parent's net loss in Q2 increased to $263 million from $249 million a year ago. Second quarter revenue rose 8.1% to $1.34 billion, largely in line with estimates. Reuters reports: Read more here. Snap (SNAP) stock declined nearly 15% after Snap reported its slowest revenue growth in more than a year. The Snapchat-parent's net loss in Q2 increased to $263 million from $249 million a year ago. Second quarter revenue rose 8.1% to $1.34 billion, largely in line with estimates. Reuters reports: Read more here. AMD posts mixed Q2 results but offers better than expected Q3 outlook on AI sales Yahoo Finance's Daniel Howley reports: Read more here. Yahoo Finance's Daniel Howley reports: Read more here. Super Micro stock tanks after quarterly revenue miss Super Micro Computer (SMCI) stock plunged 15% after the company's fiscal fourth quarter revenue fell short of estimates amid intense competition for AI server makers. Here's what Super Micro reported against Wall Street consensus estimates compiled by S&P Global Market Intelligence: Super Micro Computer (SMCI) stock plunged 15% after the company's fiscal fourth quarter revenue fell short of estimates amid intense competition for AI server makers. Here's what Super Micro reported against Wall Street consensus estimates compiled by S&P Global Market Intelligence: Lucid misses on both top and bottom lines, trims production forecast Yahoo Finance's Pras Subramanian reports: Read more here. Yahoo Finance's Pras Subramanian reports: Read more here. Rivian reports mixed Q2 results, widens 2025 loss projection as tariffs and loss of EV tax credit bite Tariffs and other policies weighed on Rivian's (RIVN) bottom line in the second quarter. For the quarter, Rivian reported a $0.97 loss per share, compared to $0.77 expected, per Bloomberg consensus estimates, with an adjusted EBITDA loss of $667 million versus $493 million expected. The EV maker also did not report a gross profit. Rivian reported revenue of $1.303 billion, compared to $1.28 billion expected and $1.158 billion a year ago. The company also widened its full-year loss projection but increased its EBITDA guidance. Yahoo Finance's Pras Subramanian reports: Read more here. Tariffs and other policies weighed on Rivian's (RIVN) bottom line in the second quarter. For the quarter, Rivian reported a $0.97 loss per share, compared to $0.77 expected, per Bloomberg consensus estimates, with an adjusted EBITDA loss of $667 million versus $493 million expected. The EV maker also did not report a gross profit. Rivian reported revenue of $1.303 billion, compared to $1.28 billion expected and $1.158 billion a year ago. The company also widened its full-year loss projection but increased its EBITDA guidance. Yahoo Finance's Pras Subramanian reports: Read more here. Rivian Q2 earnings preview: EV tax credit impact, R2 SUV update on the agenda Pure-play EV maker Rivian (RIVN) has been building toward profitability, but the loss of federal EV tax credits expiring at the end of September will likely hurt the company's ability to scale up sales. Yahoo Finance's Pras Subramanian previews what to expect when Rivian reports second quarter earnings after the bell on Tuesday: Read more here. Pure-play EV maker Rivian (RIVN) has been building toward profitability, but the loss of federal EV tax credits expiring at the end of September will likely hurt the company's ability to scale up sales. Yahoo Finance's Pras Subramanian previews what to expect when Rivian reports second quarter earnings after the bell on Tuesday: Read more here. Yum Brands stock falls amid underperformance in the US Yum Brands (YUM) stock fell over 3% on Tuesday after an earnings miss and weaker-than-expected sales in the US amid a tougher consumer environment. "Even with a solid overall top line performance, we have opportunities to improve performance in underperforming regions such as the US and parts of Europe, where challenges stem from gaps in value perception, inconsistent consumer experience, and innovation that has not fully resonated with consumers," Yum Brands CEO David Gibbs said on the earnings call. The Taco Bell parent company reported earnings per share of $1.44 adjusted versus $1.46 expected, according to estimates compiled by S&P Global Market Intelligence. Revenue for the quarter hit $1.93 billion, roughly in line with the $1.94 billion expected. US same-store sales for KFC and Pizza Hut fell 5% year over year. US system sales for Taco Bell grew 6%. Yum Brands (YUM) stock fell over 3% on Tuesday after an earnings miss and weaker-than-expected sales in the US amid a tougher consumer environment. "Even with a solid overall top line performance, we have opportunities to improve performance in underperforming regions such as the US and parts of Europe, where challenges stem from gaps in value perception, inconsistent consumer experience, and innovation that has not fully resonated with consumers," Yum Brands CEO David Gibbs said on the earnings call. The Taco Bell parent company reported earnings per share of $1.44 adjusted versus $1.46 expected, according to estimates compiled by S&P Global Market Intelligence. Revenue for the quarter hit $1.93 billion, roughly in line with the $1.94 billion expected. US same-store sales for KFC and Pizza Hut fell 5% year over year. US system sales for Taco Bell grew 6%. Lemonade stock jumps on solid guidance Lemonade (LMND) stock jumped 8% in premarket trading as the insurance company kicked off its earnings call and reported a narrower loss than expected. In the second quarter, Lemonade posted a loss of $0.60 per share. Analysts were expecting an $0.80 per share loss. Revenue of $164.1 million beat estimates for $160.8 million and rose 34% from the same period a year ago. Gross profit increased by 109% year on year to $64.3 million, while gross margin improved by 14 points to 39%, the company said. Lemonade also raised its full-year revenue guidance to $710 million-$715 million. Listen to the earnings call here. Lemonade (LMND) stock jumped 8% in premarket trading as the insurance company kicked off its earnings call and reported a narrower loss than expected. In the second quarter, Lemonade posted a loss of $0.60 per share. Analysts were expecting an $0.80 per share loss. Revenue of $164.1 million beat estimates for $160.8 million and rose 34% from the same period a year ago. Gross profit increased by 109% year on year to $64.3 million, while gross margin improved by 14 points to 39%, the company said. Lemonade also raised its full-year revenue guidance to $710 million-$715 million. Listen to the earnings call here. Caterpillar warns of up to $1.5 billion tariff hit, profit misses on weak demand Caterpillar (CAT) is expecting a bigger hit from tariffs in the third quarter and the rest of 2025 than it initially projected, as President Trump's tariffs hit the industrial and manufacturing segment especially hard. The company flagged a tariff impact of $400 million to $500 million in the third quarter and $1.5 billion hit from costs tied to US tariffs in 2025. Caterpillar was able to offset some of the higher tariff costs; however, higher interest rates and a slowdown in US construction activity led to a pullback in demand for its products. The heavy machinery manufacturer reported adjusted earnings per share of $4.72 on revenue of $16.6 billion. Analysts were expecting adjusted EPS of $4.90 on revenue of $16.3 billion, according to S&P Global Market Intelligence. Caterpillar stock fell less than 1% in premarket trading. Caterpillar (CAT) is expecting a bigger hit from tariffs in the third quarter and the rest of 2025 than it initially projected, as President Trump's tariffs hit the industrial and manufacturing segment especially hard. The company flagged a tariff impact of $400 million to $500 million in the third quarter and $1.5 billion hit from costs tied to US tariffs in 2025. Caterpillar was able to offset some of the higher tariff costs; however, higher interest rates and a slowdown in US construction activity led to a pullback in demand for its products. The heavy machinery manufacturer reported adjusted earnings per share of $4.72 on revenue of $16.6 billion. Analysts were expecting adjusted EPS of $4.90 on revenue of $16.3 billion, according to S&P Global Market Intelligence. Caterpillar stock fell less than 1% in premarket trading. Sign in to access your portfolio
Yahoo
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Elf Beauty tops quarterly estimates on resilient demand for affordable lipsticks and skincare
(Reuters) -Elf Beauty beat first-quarter sales and profit estimates on Wednesday, fueled by resilient demand for its affordable products including lip oils and blush tints at retailers and online channels, despite broader retail slowdown. Shares of the company were up about 5% after the bell. The beauty retailer known for its vegan lip oils — available at drugstores and supermarkets including Walgreens, Target as well as Dollar Tree — has been able to resonate with millennial and Gen Z shoppers, who are often on the hunt for trendy makeup and skincare products. This, in turn, has been benefiting sales growth at Elf — short for eyes, lips and face — offering products priced as low as $2 at U.S. retailers including Walmart and Ulta Beauty. Meanwhile, luxury beauty makers such as Estee Lauder have been struggling to revive demand and the Trump administration's unpredictable trade policy has disrupted business operations worldwide. The company continues to refrain from providing an annual forecast owing to tariff-related uncertainty. Elf, which acquired Hailey Bieber's makeup brand Rhode, increased product prices by $1 across categories starting August 1 to counter trade-related costs, similar to broader industry peers. The company, which has reduced its production from China to "little less" than 75% from about 100% back in 2019, has also been optimizing its supply chain and diversifying its business to be able to address tariff-related headwinds, CEO Tarang Amin told Reuters on Wednesday. The company's quarterly revenue of $353.7 million beat estimates of $350.3 million, as per data compiled by LSEG. On an adjusted basis, the company's earnings came in at 89 cents per share, compared with analysts' estimates of 84 cents per share. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Forbes
2 minutes ago
- Forbes
Save Up To 60% On Outdoor Essentials With These Patio Furniture Sales
The end of summer may be looming, but there's still plenty of time to soak in the remaining sun-filled days. Plus, with fall on the horizon, you'll soon be able to enjoy your outdoor oasis without the blazing heat. Give your space one last summer refresh or begin preparing for autumn nights with the best patio furniture sales right now. Whether you're looking forward to lounging on chaise chairs or getting cozy by this top-rated fireplace, there's plenty of markdowns on patio essentials to take advantage of this week. These are the best patio furniture sales this week from a surplus of top retailers. ILLUSTRATION: FORBES / PHOTOS: RETAILER Home brands like West Elm, Wayfair and Frontgate are offering tons of deals on investment-worthy pieces right now—from roomy seating arrangements to intimate bistro tables. Ahead, we've rounded up the best patio furniture sales from popular retailers to help you save as much as 60% on your backyard refresh. Sand & Stable Calhoun 4-Piece Sofa Seating Group: Now $440, Was $775 (43% Off) Alcott Hill 7-Piece Wicker Sectional Seating Group: Now $810, Was $1,100 (26% Off) Avyion 4-Piece Outdoor Living Set: Now $650, Was $1,157 (44% Off) Arlmont & Co. Outdoor Chaise Lounge Chairs: Now $155, Was $237 (35% Off) Red Barrel Studio Kristain 6-Person Patio Dining Set: Now $540, Was $1,200 (55% Off) Red Barrel Studio Carved-Back Floral Garden Bench: Now $125, Was $176 (29% Off) Loon Peak Elland HDPE Folding Adirondack Chairs (Set Of 4) : Now $550, Was $1,076 (49% Off) Keter Outdoor Storage And Organization Deck Box: Now $60, Was $93 (35% Off) Trent Austin Design Alsacia Square Smokeless Fire Pit Table: Now $500, Was $670 (25% Off) Ciokea Teak Lounge Chair: Now $150, Was $200 (25% Off) LHBCraft 7-Piece Patio Furniture Set: Now $335, Was $500 (33% Off With Coupon) Serwall Outdoor HDPE Dining Table Set: Now $700, Was $1,100 (36% Off) Sweetcrispy 3-Piece Patio Furniture Set: Now $80, Was $100 (20% Off) Best Choice Products Zero Gravity Lounge Chair (Set Of 2): Now $100, Was $130 (23% Off) Shintenchi 3-Piece Patio Bistro Set: Now $77, Was $100 (23% Off) Comlax Field Patio Furniture Set: Now $380, Was $460 (17% Off) East Oak 3-Piece Patio Furniture Set: Now $340, Was $550 (38% Off) Best Choice Products Hanging Patio Umbrella: Now $90, Was $110 (18% Off) Frontgate Café 5-Piece Curved Back Chairs Table Set: Now $998, Was $1,398 (29% Off) Frontgate Pasadena II Modular Sofa Set: Now $2,298, Was $3,598 (36% Off) Frontgate Seton 3-Piece Loveseat Set: Now $4,997, Was $6,397 (22% Off) Frontgate French Café Swivel Bar Stool: Now $559, Was $799 (30% Off) Frontgate Isola Teak Rocking Chair: Now $699, Was $999 (30% Off) Frontgate Isola 3-Piece Loveseat Set: Now $1,947, Was $3,097 (37% Off) Frontgate Westport Bar: Now $2,850, Was $5,499 (48% Off) Frontgate Santino Chaises (Set Of 2) : Now $780, Was $1,749 (55% Off) West Elm Coastal Outdoor Sofa (76-Inch): Now $1,639, Was $2,049 (20% Off) West Elm Lima Outdoor Coffee Table: Now $325, Was $699 (54% Off) West Elm Coastal Outdoor Petite Lounge Chairs: Now $1,250, Was $1,798 (30% Off) West Elm Round Outdoor Umbrella: Now $140, Was $299 (53% Off) West Elm Portside Wood Outdoor Dining Set: Now $2,197, Was 2,596 (15% Off) West Elm Pebble Indoor/Outdoor Oval Coffee Table: Now $319, Was $399 (20% Off) West Elm Ombre Pop Outdoor Performance Rug: Now $239, Was $299 (20% Off) West Elm Cusco Outdoor Sofa: Now $1,140, Was $1,899 (40% Off) West Elm Portside Outdoor Textilene Chaise Lounge: Now $639, Was $799 (20% Off) Pottery Barn Abbott Acacia Woven Outdoor Lounge Chairs: Now $1,118, Was $1,398 (20% Off) Pottery Barn Edison Rectangular Propane Fire Pit Table: Now $2,700, Was $3,499 (23% Off) Pottery Barn 10-Inch Rectangular Outdoor Patio Umbrella: Now $463, Was $579 (20% Off) Pottery Barn Malibu Metal Rectangular Fire Pit Table: Now $1,599, Was $3,999 (50% Off) Pottery Barn Indio Eucalyptus Outdoor Storage Bench: Now $450, Was $899 (44% Off) Pottery Barn Abbott Acacia Ultimate 3-Piece Outdoor Kitchen Set: Now $6,677, Was $8,347 (20% Off) Pottery Barn Capri Wicker Outdoor Loveseat: Now $479, Was $599 (20% Off) Pottery Barn Briar Metal Round Outdoor Accent Table: Now $79, Was $199 (60% Off) Wayfair is one of the best online retailers for home goods. It carries thousands of products from a variety of brands, including a robust inventory of patio furniture. This week, shop new arrivals, best-selling items and top-rated products at up to 55% off. Amazon is a true one-stop shop for everything you could possibly need, including patio furniture. The online retailer has a wide array of well-priced designs to match just about any style and budget, like this dining table set and this spacious, curved umbrella. MOST POPULAR Frontgate seamlessly blends traditional and contemporary designs to create timeless, high-end pieces for your home. Right now, you can save up to 55% on outdoor furniture, including dining seating and lounge sets, during its Anniversary Event. Coupons By Forbes Vetted The Best Frontgate Promo Codes | Online Promo Codes, Offers & Discounts Best Patio Furniture Sales: West Elm If you're looking for mid-century-inspired furniture, you can't go wrong with West Elm. Its outdoor sale section is full of chic bestsellers for up to 54% off—like this outside dining table that seats six and this outdoor sofa. Best Patio Furniture Sales: Pottery Barn No matter your outdoor aesthetic, Pottery Barn has options to fit your design vision. Right now, you can save up to 60% on outdoor essentials and patio furniture, including customizable sets. Best Patio Furniture Sales: Article For those eyeing Article's contemporary home pieces, the brand is currently offering up to 60% off select styles, including outdoor furniture. Shop its current selection and save on up to $350 on outdoor rugs, ottomans and more. Best Patio Furniture Sales: Joss & Main Joss & Main offers some of our favorite pieces and décor that you can use both inside and outside your home. Whether you're looking for accents to add to your outdoor paradise or essentials like dining sets and chairs, the brand has you covered. Browse through hundreds of products during Joss & Main's Outdoor Sale. Why Trust Forbes Vetted The Forbes Vetted home team has spent countless hours researching and writing home shopping guides, including our best patio furniture guide and tested stories, like the best outdoor sofas and the best patio umbrellas. We regularly reference each guide to find the best patio furniture deals available right now. Assistant deals editor Jordan Thomas has been writing about deals and online consumer shopping since 2019. She tracks trending products and sales all year long to bring readers the best offers available. Deals and coupons writer Bianca Alvarez has been writing about shopping across all categories for over two years, consistently uncovering the best products and sales from various retailers. Deals editor Maya Gandara has been covering the e-commerce space for over six years, hunting down the best product deals retailers have to offer across beauty, fashion, home and tech. When Can You Get The Best Deals On Patio Furniture? You're likely to find the best patio furniture deals towards the end of summer. As retailers prep for fall and winter, they typically discount spring and summer inventory to make room for incoming cold-weather essentials. That said, you can also find some great offers in early spring—like March and April—as retailers start to stir up interest for the warm weather ahead. What Is The First Thing You Should Consider When Selecting Patio Furniture? The first factor you should consider when selecting patio furniture is climate. You want outdoor furniture that's made with long-lasting materials best suited for the weather in your area. For instance, aluminum furniture is lightweight but durable; it will last longer in a rainy or humid environment compared to materials like iron, which will rust when exposed to constant moisture. What Type Of Patio Furniture Lasts The Longest? Depending on your aesthetic and climate, patio furniture made of aluminum, teak or synthetic materials—like poly lumber and HDPE (high-density polyethylene) plastic—last the longest. All of the above materials are extremely durable and resistant against deteriorating factors like pests, rust and rot.
