Market News for August 11, 2026
Every story Market Flux published on August 11, 2026.
- Market Flux Event
CoreWeave Q2 Revenue Doubles to 2.6 Billion With 104 Billion Backlog as Stock Surges
CoreWeave reported second-quarter 2026 revenue of $2.6 billion, up 112% year over year and 24% sequentially, beating Wall Street estimates as AI cloud infrastructure demand continued to…
- Most Active
Organigram Global Posts Record Q3 Revenue of $105.8M and Raises FY26 Guidance Above Estimates, Stock Jumps 15%
Organigram Global swung to a third-quarter profit and posted record fiscal Q3 2026 net revenue of $105.78 million, up sharply from $70.79 million a year earlier, driven by the April 2026…
- Most Active
On Holding Shares Plunge 22% to 52-Week Low After Q2 Sales Miss and Lowered Outlook
On Holding AG reported Q2 2026 revenue of CHF 850.3 million, missing analyst estimates of CHF 878 million despite a 13.5% year-over-year gain on a reported basis and 21.6% growth at…
- Most Active
ACV Auctions Surges 20% on Bloomberg Report It Is Exploring a Sale After Takeover Interest
ACV Auctions (ACVA) jumped roughly 20% in premarket trading on August 11 after Bloomberg reported the Buffalo, New York-based digital automotive marketplace is exploring strategic…
- Most Active
Curaleaf Launches Hostile $272 Million Bid for Aurora Cannabis at US$4 Per Share
Curaleaf announced an unsolicited, hostile takeover bid for Aurora Cannabis on August 11, offering Aurora shareholders US$4 per share, comprising 0.3463 Curaleaf shares plus US$0.75 in cash…
- Top Mover
Phillips 66, Kinder Morgan and HF Sinclair Greenlight $5 Billion Western Gateway Pipeline to Supply California and Arizona
Phillips 66, Kinder Morgan and HF Sinclair have made a final investment decision to build the Western Gateway Pipeline, a roughly 900-mile, $5 billion refined products pipeline system that…
- Top Mover
Apollo Posts Strong Q2 Earnings, Seals $2.6 Billion Yankees Deal and Joins NVIDIA's $500 Billion AI Infrastructure Push
Apollo Global Management reported second-quarter 2026 fee related earnings of 785 million dollars, or 1.26 dollars per share, with adjusted net income of 1.314 billion dollars, or 2.11…
- Market Flux Event
Hertz Surges on Strong Q2 Earnings Beat While SpaceX Shares Extend Losses
Hertz Global Holdings led Tuesday's single-stock moves after shares jumped roughly 12% following a better-than-expected second-quarter earnings report. The car rental company posted an…
- Market Flux Event
CoreWeave Q2 Revenue More Than Doubles to $2.58 Billion, Backlog Reaches $104 Billion
CoreWeave reported second-quarter revenue of $2.58 billion, more than doubling year over year and edging past analyst estimates of $2.56 billion, as surging demand for AI computing…
- Market Flux Event
Super Micro Computer Blows Past Earnings Estimates and Guides Far Above Wall Street for Q1 and Full Year
Super Micro Computer reported fiscal fourth-quarter adjusted earnings per share of $1.70, well above analyst estimates ranging from $0.94 to $0.96, representing a 315% increase year over…
- Market Flux Event
Major Q2 2026 Earnings Wave Delivers Standout Results from Spotify, Apollo, DuPont and DigitalOcean
A broad wave of second-quarter 2026 earnings calls on August 11 produced several headline results across sectors. Spotify reported revenue of 4.8 billion euros, in line with guidance and up…
- Unusual Volume
Hims & Hers Shares Drop 7% After Q2 Loss Blows Past Estimates Despite Revenue Beat and Raised Guidance
Hims & Hers Health reported second-quarter revenue of $753.2 million, up 38% year over year and well ahead of the roughly $699 million analysts had expected, while also raising its…
- Top Story
Nvidia Lines Up $500 Billion in AI Infrastructure Financing With Six Wall Street Giants
Nvidia announced a sweeping set of partnerships with six major financial institutions, Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR, to mobilize up to $500 billion in…
- Market Flux Event
Nvidia Unveils $500 Billion AI Financing Plan With Six Wall Street Firms, Dividing Analyst Opinion
Nvidia announced a sweeping financing initiative, partnering with six financial firms to provide up to $500 billion in funding for customers purchasing its AI chips. CEO Jensen Huang…
- Market Flux Event
Brad Lightcap Exits OpenAI to Start New Venture in Latest Leadership Departure
Brad Lightcap, a longtime OpenAI executive who most recently served as special projects lead after stepping down as chief operating officer, announced his departure from the company on…
- Unusual Volume
ACV Auctions Explores Potential Sale After Takeover Interest as Q2 Earnings Beat Estimates
ACV Auctions is exploring strategic options including a potential sale after receiving takeover interest, Bloomberg reported on August 11, sending shares surging roughly 20% in premarket…
- Market Flux Event
US Existing Home Sales Fall for Second Straight Month in July as Mortgage Rates Bite
Existing home sales dropped 1.7% in July from the prior month, marking the second consecutive monthly decline, as elevated mortgage rates continued to sideline prospective buyers. The…
- Market Flux Event
Trump Media Posts $238 Million Q2 Loss Driven by Bitcoin and Crypto Markdowns
Trump Media and Technology Group reported a net loss of $238.1 million for the second quarter of 2026, a sharp deterioration from a $20 million loss in the same period a year earlier and…
- Market Flux Event
US Fires on Ship Breaching Iran Blockade as Pakistan Says Deal Getting Closer
The Trump administration escalated its military enforcement of the American naval blockade of Iranian ports on Tuesday when U.S. forces fired on a Panama-flagged vessel that attempted to…
- Unusual Volume
Cardinal Health Beats Q4 Profit Estimates by 20%, Guides FY2027 EPS Well Above Wall Street on Specialty Drug Strength
Cardinal Health reported fiscal fourth-quarter adjusted EPS of $2.91, a 40% year-over-year increase that beat the Wall Street consensus of $2.42 by $0.49, while revenue of $63.7 billion…
- Market Flux Event
IBM Signs $240 Million Multi-Year Deal With Together AI to Deploy Nvidia HGX B300 Inference Cluster on IBM Cloud
IBM has agreed to deploy a cluster of Nvidia HGX B300 systems on IBM Cloud under a multi-year, $240 million contract with Together AI, the companies announced Tuesday. Together AI will use…
- Market Flux Event
Nvidia Lines Up $500 Billion in AI Infrastructure Financing With Six Wall Street Giants
Nvidia announced a sweeping set of partnerships with six major financial institutions, Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR, to mobilize up to $500 billion in…
- Unusual Volume
Riot Platforms Surges Up to 25% After Signing $9.1 Billion 20-Year Data Center Deal With Anthropic
Riot Platforms shares soared as much as 25% in premarket trading on August 11 after the company disclosed a landmark 20-year AI compute supply agreement worth $9.1 billion, with Anthropic…
- Market Flux Event
Ukraine Strikes Orsk Refinery 1500 km Inside Russia Hitting Hydrocracking Unit and Sparking Fire
Ukraine's military confirmed it attacked the Orsknefteorgsintez refinery in Russia's Orenburg region on August 11, a facility located more than 1,500 kilometers from the Ukrainian border…
- Market Flux Event
Brent Crude Nears $90 as Strait of Hormuz Talks Hit Impasse
Oil prices extended sharp gains on Tuesday as negotiations to reopen the Strait of Hormuz stalled, with Brent crude approaching $90 per barrel and WTI surging roughly 6% and targeting…
- Market Flux Event
Intel Upsizes Stock Offering to $20 Billion at $95 Per Share Amid Surging AI Demand
Intel on Tuesday priced an upsized public offering of 210,526,315 shares of common stock at $95 per share, raising the total to $20 billion after initially announcing a $15 billion offering…
- Market Flux Event
Intel Upsizes Common Stock Offering to $20 Billion, Priced at $95 Per Share
Intel has priced an upsized registered public offering of 210,526,315 shares of common stock at $95 per share, raising the total deal size to $20 billion from an initially announced $15…
- Market Flux Event
RBA Holds Cash Rate at 4.35% as Markets Await US CPI Data
The Reserve Bank of Australia kept its cash rate unchanged at 4.35% in a widely expected decision, maintaining a hawkish tone in its accompanying statement, a stance analysts say was…