Author: Beckett Hayes

Snowflake shares jumped in extended trading Wednesday after the cloud software company reported second-quarter earnings and revenue that exceeded Wall Street expectations. The company also raised its full-year product revenue forecast, citing growing demand for artificial intelligence tools and data-management services. Snowflake Earnings Beat Wall Street Estimates Snowflake reported adjusted earnings of 62 cents per share, a 77% increase from the same period a year earlier. Analysts had expected adjusted earnings of 45 cents per share. Quarterly revenue rose 35% year over year to $1.55 billion, topping the consensus estimate of $1.48 billion. The enterprise software company released its financial…

The Dutch central bank has relocated 86 metric tons of gold reserves from the United States and Canada to the United Kingdom, citing rising geopolitical uncertainty and the need for faster access to its holdings during a potential crisis. London Offers Greater Gold Market Liquidity De Nederlandsche Bank, or DNB, said gold stored in London can be traded more easily than reserves held in New York and Ottawa. London is home to one of the world’s largest and most liquid gold markets. “This makes it the quickest for DNB to deploy in a crisis situation,” the central bank said in…

Broadcom shares fell in after-hours trading Wednesday despite the chipmaker reporting stronger-than-expected quarterly earnings and rapid growth in its artificial intelligence semiconductor business. The market reaction reflected heightened investor expectations for companies benefiting from the global expansion of AI infrastructure. Broadcom Revenue Forecast Falls Short of Wall Street Estimates Broadcom stock initially dropped about 4% before recovering some of those losses in extended trading. The decline followed the company’s announcement that it expects revenue of $34.8 billion in the current quarter. That forecast came in below the $35.05 billion consensus estimate among analysts surveyed by Bloomberg. Although the difference was…

The dispute between Eddie Hearn and Dana White has intensified as questions continue to surround the proposed heavyweight fight between Tyson Fury and Anthony Joshua. The latest disagreement centers on promotional rights, contract negotiations and the possibility of staging the long-awaited bout in New York. Hearn Disputes White’s Role in Fury-Joshua Fight White and Hearn have traded public criticism throughout 2026 as their business interests increasingly overlap. White has expanded into boxing promotion through Zuffa Boxing, including signing fighters previously associated with Hearn. Meanwhile, Hearn has moved into managing several prominent mixed martial arts athletes. The two promoters even briefly…

The Buss family is moving to sell its remaining minority stake in the Los Angeles Lakers, a step that could end nearly five decades of family involvement with one of the NBA’s most recognizable franchises. Jeanie Buss, who has led the organization since her father Jerry Buss died in 2013, is challenging the proposed sale. Buss Family Trust Approves Intent to Sell Lakers Shares Multiple sources familiar with the private discussions said the Buss family trust recently secured enough votes to approve an intent to sell its remaining 17.8% interest in the Lakers. The trust’s beneficiaries are six of Jerry…

Week 2 of Dana White’s Contender Series Season 10 produced one of the most dramatic nights in the program’s history, with UFC President and CEO Dana White awarding six UFC contracts following five action-packed bouts at Meta APEX. All five winners secured contracts, while one notable losing fighter also earned an opportunity to compete in the UFC. Underdogs delivered standout performances, and returning prospects capitalized on their second chances inside the Octagon. Brito Scores Dramatic Third-Round Knockout Against Fazil Former OKTAGON welterweight champion Brito established his striking rhythm early against Fazil. The Brazilian landed effective calf kicks and sharp straight…

The total solar eclipse on August 12, 2026, will be one of the year’s most anticipated astronomy events. It will be the first total solar eclipse since 2024 and will occur during the peak of the annual Perseid meteor shower, creating an especially memorable week for skywatchers. The eclipse will also last slightly longer than many others because it takes place near the Moon’s perigee—the point in its orbit when it is closest to Earth, making it appear larger in the sky. While the path of totality will be centered over parts of Europe, people across portions of the United…

Some of the world’s most toxic plants may hold the key to future medical breakthroughs. Researchers have uncovered how two poisonous flowering plants produce a rare class of natural compounds that could eventually contribute to treatments for pain, cancer, malaria, and even agricultural pests. By recreating part of this process in the laboratory, scientists say they have taken an important step toward producing these complex molecules in a more sustainable way. Researchers Decode the Chemistry Behind Toxic Plants Plants capable of causing nerve damage and paralysis in extremely small amounts may also contain compounds with significant pharmaceutical potential. Scientists have…

A discarded section of a SpaceX Falcon 9 rocket is expected to collide with the moon early Wednesday in an event that researchers say offers a rare opportunity to study the effects of high-speed impacts on the lunar surface. While the collision is unintentional, scientists plan to closely monitor the area before and after the impact to better understand how the moon’s surface changes following such an event. SpaceX Rocket Debris Set for Lunar Impact According to space-tracking analysis by Bill Gray, a developer of software used to monitor objects in space, the rocket stage is expected to strike the…

Severe thunderstorms and heavy rain disrupted multiple outdoor concerts across New York City on Saturday, forcing organizers to cancel or postpone scheduled performances as dangerous weather moved through the region. Safety concerns tied to lightning, strong wind gusts, and the potential for flash flooding prompted venue officials to make last-minute decisions affecting thousands of concertgoers. Noah Kahan’s Citi Field Performance Canceled Due to Weather Noah Kahan’s scheduled concert at Citi Field in Queens was canceled shortly before doors were set to open on Saturday evening after venue officials spent much of the day monitoring rapidly changing weather conditions across the…