Meta Platforms’ second-quarter results missed expectations, with operating income down 8% year over year to $18.8 billion as costs and expenses surged 55% on a 68% jump in research and development spending. The company lifted its 2026 capital expenditure outlook to $130 billion to $145 billion, underscoring the scale of its investment in AI infrastructure. The stock fell 10% after the report and is down 26% from its August 2025 record high.

Berkshire Hathaway held $397 billion in cash, cash equivalents and short-term U.S. Treasuries at the end of the first quarter. The company has cut its Apple stake by more than 75% since 2024, dropping from a peak of more than 915 million shares to 228 million shares at quarter-end. Its currently disclosed holding stands at 514 million shares. The move is framed as portfolio rebalancing rather than a one-way price catalyst for either Apple or Berkshire.

Berkshire Hathaway held $397.4 billion in cash at the end of the first quarter, a record level. Greg Abel has taken over as CEO, while Warren Buffett, now chairman, remains involved in major decisions. The cash pile is large enough to buy almost any company in the S&P 500, but the firm is choosing to wait for more attractive valuations. That stance signals caution about current U.S. equity prices and has fed market watchfulness about the S&P 500’s near-term upside momentum.

Silicon Motion (SIMO) reported second-quarter revenue of $451 million, up 127% year over year and 32% sequentially, beating the company’s prior guidance ceiling of $411 million. The company also forecast third-quarter revenue could rise by as much as 20% from Q2. The results point to strong demand for NAND flash controller chips, providing a clear earnings catalyst within the memory-focused semiconductor segment.

CCC Intelligent Solutions reported second-quarter 2026 revenue of $286 million, a 10% year-over-year increase that topped the high end of its guidance range. AI annualized revenue exceeded $120 million, rising nearly 50% from a year earlier. Net dollar retention increased to 107%. Adjusted EBITDA was $115 million, up 7% year over year and also above expectations.

Scorpio Tankers (STNG) reported second-quarter 2026 results showing adjusted net income of $243.7 million, the strongest performance in the company’s history. Adjusted EBITDA totaled $300.5 million, supported by high charter rates and improved operating efficiency. IFRS net income was $388 million, including a $154 million one-time gain from selling 10 vessels. The company ended the quarter with a net cash position of $1.3 billion, reversing a net debt position of $2.9 billion at the end of 2021.

Amneal (AMRX) reported fiscal Q2 2026 revenue of $796 million, up 10% year over year, with adjusted EBITDA of $206 million, up 12%. Adjusted EPS rose 20% to $0.30 as profitability improved and interest expense declined. By segment, Affordable Medicines revenue increased 13% to $490 million and Specialty revenue climbed 17% to $149 million, while AvKARE revenue fell 4% to $157 million.

Meta Platforms reported $60.8 billion in quarterly revenue, up 28% year over year, while earnings per share came in at $6.18 versus analysts’ $7.17 consensus. Net margin was 26%, but profit under GAAP fell, leaving investors focused on the earnings shortfall. The stock dropped by nearly 9% in after-hours trading following the release.

Amazon issued $25 billion in bonds in early July 2024 to finance construction of AI data centers. The company projects capital expenditures of $200 billion in 2026, up from $131 billion in 2025. Meta Platforms expects 2026 capex of $125 billion to $145 billion, while Alphabet forecasts $195 billion to $205 billion. The scale of spending has fueled investor concerns about profit quality, free-cash-flow durability and valuation pressure, reflected in Amazon shares being up less than 2% so far this year.