Stocks

Wanbury reported Q1 FY27 results, with net profit down 76% year on year to ₹3.2 crore amid cost pressures. Revenue rose 1.5% to ₹165 crore, while gross margin narrowed to 52.5% from 54.0%. Earnings per share fell to ₹0.93 from ₹4.12 a year earlier. The company also refinanced debt, cutting borrowing costs from 12.5% per annum to sub-10% per annum effective July 1, 2026.

Super Micro Computer reported earnings that significantly exceeded market expectations. The surprise result points to strong demand for the company’s server and storage solutions.

Computershare reported FY2026 revenue of US$3,257.5 million, up 4.6% year on year, and net profit after tax of US$618.7 million, up 1.9%. The company raised its final unfranked dividend to 65 AU cents a share, taking the full-year dividend to 1.2 AU dollars. Management adjusted EBIT rose 3.1% to US$1,210.7 million. Revenue increased across Issuer Services, Corporate Trust and Employee Share Plans, up 7.6%, 9.6% and 18%, respectively.

GameStop CEO Ryan Cohen may abandon a $56 billion proposal to acquire eBay, a move analysts say could reduce financial strain and be supportive for GME shares. GameStop, which has an $8.43 billion market capitalization, had planned to fund the deal with cash and stock while raising up to $20 billion in financing. Cohen already holds about a 9.8% economic stake in eBay via GameStop, allowing him to retain strategic influence. GME shares fell 1.93% on Monday, near a more-than-two-year low.

On Aug. 11, Smithfield Foods (SFD) released its 2026 outlook, forecasting adjusted operating profit of $1.225B$1.375B. The company also said it plans to weight marketing spending toward the second half of the year. The guidance offers investors a reference point for the company’s future earnings capacity.

Cathie Wood’s ARK Invest recently sold about $17 million worth of Palantir shares, even as PLTR has surged 37% over the past month. The company posted a strong Q2, with revenue of $1.94 billion and adjusted EPS of $0.41, both topping Wall Street expectations. Palantir also raised its FY26 guidance and reported adjusted free cash flow of $1.2 billion.

On August 11, Morgan Stanley, Aditya Birla Sun Life AMC and ICICI Prudential AMC bought a combined 21 lakh shares of Metropolis Healthcare in open-market trades at Rs 564 apiece from promoter entities Duru Shah Family Trust and Metz Advisory LLP, totaling Rs 118.44 crore and representing a 1.01% stake. Following the block deals, the stock fell 1.12% to close at Rs 566.25. Aditya Birla Sun Life Flexi Cap Fund already held a 1.95% stake in the company.

Apple reported fiscal third-quarter revenue of $109.4 billion, up 16% year over year, with iPhone revenue rising 22% to $54.3 billion and Services up 12% to $30.7 billion. The company said it now has more than 2.5 billion active devices worldwide and more than 1.5 billion paid subscriptions. Even so, analysts have become less confident as Apple’s forward price-to-earnings multiple has climbed to 35.7 times.

eToro said it has agreed to acquire TradeZero for up to $231 million to add an active-trader brokerage business and broker-dealer infrastructure as it expands in the U.S. The consideration will include cash and up to 2.5 million newly issued eToro Class A common shares, subject to customary adjustments. The deal is subject to regulatory approvals and is expected to close in the first half of 2027. TradeZero generated approximately $80 million in revenue in the twelve months ended June 30, with gross margins of 81%.

Michael Burry has opened a new short position in Oracle at around $145 per share, calling the company one of the “very fat, very large, easy to shoot” targets in the AI trade. He highlighted Oracle’s roughly $260 billion in future data center lease commitments as a key risk. ORCL is down about 25% year to date, even after a rebound, as investors weigh whether fast-growing AI demand can generate enough cash to cover rising capital needs.