# Earnings Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Earnings", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Must-Watch Events Next Week｜CLARITY Act Could Face Senate Vote; SpaceX, Circle to Report Earnings (8.3-8.9)

**Summary: Key Events and Developments to Watch (August 3-9)** The upcoming week is marked by significant financial disclosures, key legislative deadlines, and notable product updates. **Major Financial Events:** Several companies are scheduled to release their Q2 2026 earnings. American Bitcoin (ABTC) will report on August 3, followed by SpaceX and Hut 8 Mining Corp. on August 4, and Circle on August 5. Notably, a significant portion of SpaceX shares (up to 12% of total shares) will be unlocked on August 6 following their earnings release. **Key Legislative Deadline:** The U.S. Senate faces an August 7 deadline to secure 60 votes for the CLARITY Act, a bipartisan bill aiming to establish a federal regulatory framework for cryptocurrencies. The Senate may hold a full vote on the bill during the week. **Economic Data:** The U.S. July Non-Farm Payrolls report will be released on August 7, providing crucial labor market data. **Technology & Product Updates:** * **Shutdowns:** DeFi portfolio tracker Zapper and wallet app Ctrl Wallet will cease operations on August 3. * **Upgrades:** LayerZero will deprecate its v1 relayers on August 3. XRP Ledger's new version 3.3.0, featuring five new functions, is expected next week. * **AI:** Elon Musk announced that the advanced Grok 4.6 AI model is set for release around August 7. * **Bitcoin:** The BIP-110 forced signaling for a potential Bitcoin network change is scheduled to begin around August 8. **Other Notable Events:** Chinese robotics firm Unitree Tech has set its preliminary price inquiry for its IPO for August 5. South Korean exchange Upbit will delist AQT and AERGO tokens on August 3.

marsbit08/02 06:46

Must-Watch Events Next Week｜CLARITY Act Could Face Senate Vote; SpaceX, Circle to Report Earnings (8.3-8.9)

marsbit08/02 06:46

Analysts Support Strategy's Move Away from Pure Bitcoin Reserve

Analysis from TD Cowen and Benchmark reaffirmed their "buy" recommendations for Strategy's stock, endorsing the firm's decision to hold a greater portion of its reserves in dollars rather than exclusively in Bitcoin. Executives characterized the dollar buffer as a necessary measure for future Bitcoin acquisitions rather than a shift away from its core strategy. During an investor call, Executive Chairman Michael Saylor stated that the firm's treasury would no longer be 100% comprised of cryptocurrency. While maintaining a "buy" stance, analysts offered differing price targets: Benchmark reduced its target from $570 to $435, basing its model on a $100,000 Bitcoin price by end-2026; TD Cowen forecast $260 per share; and Mizuho noted the firm could weather a potential downturn in Bitcoin prices. Strategy's management outlined that its central priority is returning its preferred STRC shares to a $99-100 range. Demand for these short-term, low-volatility debt instruments reportedly exceeds interest in any other company asset by 50-100 times. Institutional investment in STRC grew from $1.1 billion to $3.1 billion between March and July. The company aims to narrow the current $1.2 billion discount between the shares' market and nominal value to make them the primary tool for funding future Bitcoin purchases again. The report follows Strategy's Q2 financials, which showed a net loss exceeding $8 billion. CEO Phong Le stated the company would continue selling Bitcoin as commercially warranted.

cryptonews.ru08/01 19:25

Analysts Support Strategy's Move Away from Pure Bitcoin Reserve

cryptonews.ru08/01 19:25

Apple's $5 Trillion Moment: Strongest Earnings, Weakest AI

Apple's $5 Trillion Moment: Strongest Earnings, Weakest AI Apple released its Q2 2026 (FY Q3 2026) earnings, posting record revenue of $109.42 billion, up 16.4% year-over-year, and net income of $29.79 billion, up 27%. Driven by the iPhone 17's "super cycle" and strong Mac sales, hardware remained the core growth engine. However, the market reaction was muted, with the stock falling sharply after hours, contrasting with rallies in AI-heavy stocks like Microsoft and Nvidia. The report highlights Apple's ongoing AI struggles. After delays, its new Siri AI is finally launching, but its strategy reveals dependencies: partnering with Google's Gemini model overseas and with Alibaba and Baidu in China. This underscores Apple's lag in the foundational AI model race. Apple faces four key pressures: 1) sustaining growth after the iPhone 17's high sales base potentially "cannibalizes" future demand; 2) supply chain constraints and soaring memory costs impacting production and margins; 3) intense competition from AI-native smartphones that could redefine the user interface; and 4) a CEO transition, with hardware chief John Ternus taking over from Tim Cook in September. This stellar quarter serves as both Cook's final report card and the first major test for his successor, as Apple navigates a market increasingly defined by AI prowess rather than hardware alone.

marsbit08/01 08:56

Low Investment Isn't Apple's Immunity Pass

While Meta and Google face investor scrutiny over ballooning AI capital expenditures, Apple's minimal AI investment has paradoxically become a strength. Its market cap recently reclaimed the global top spot, surpassing $5 trillion. The irony is deep: Apple's own AI efforts have lagged, with "Apple Intelligence" delayed and core talent lost, forcing reliance on partners like Google Gemini and Alibaba's Qianwen. Its Q3 FY2026 (Q2 CY) earnings initially seemed stellar. Revenue hit $109.4B (up 16% YoY), with iPhone and Mac sales, growing 22% and 29% respectively, driving most of the growth. However, the stock fell over 8% post-earnings. The primary concern was a weaker Q4 revenue growth forecast of 9-11%, below expectations, due to looming supply chain constraints. Apple is feeling the indirect cost of the AI boom. Soaring memory and chip prices, fueled by massive data center investments from Microsoft, Amazon, and others, are forcing Apple to raise Mac and iPad prices significantly. The upcoming iPhone launch is also expected to see substantial price hikes. Despite avoiding heavy AI infrastructure spending—its capital expenditures are actually down 28%—Apple cannot escape the industry-wide supply and cost pressures. While Apple's operating cash flow remains robust, its substantial R&D spending (up 32% YoY) has yet to yield major AI breakthroughs. As Tim Cook prepares to step down as CEO, Apple faces a challenging transition: balancing its premium hardware success against the strategic and cost pressures of the AI era it has so far cautiously navigated.

marsbit08/01 02:26

Low Investment Isn't Apple's Immunity Pass

marsbit08/01 02:26

PA Graphics Explanation | One Chart to Understand the Major Web3 Events in August 2026

**PANews Crypto Calendar: Key Web3 Events in August 2026** PANews introduces its revamped crypto calendar, featuring comprehensive coverage, flexible filtering, and easy export options. The market in August will be shaped by multiple key events across macroeconomics, regulation, tokenomics, and project developments: * **Macro & Policy:** Key US economic data releases (July Non-Farm Payrolls, CPI), the Federal Reserve meeting minutes, and the Jackson Hole Economic Symposium will be in focus. On the regulatory front, the US Senate plans to release a new draft of the *CLARITY Act*, while the EU's expanded crypto ban against Belarus comes into effect. * **Token Unlocks:** Significant token unlocks are scheduled for assets including ENA, AVAX, CONX, ZRO, and KAITO, which may influence market volatility. * **Project Updates & Shutdowns:** Several services, including Exchange Art, Ctrl Wallet, Zapper, NFTfi, and Summer.fi, are set to cease operations or undergo major adjustments. Users are advised to manage their assets accordingly. * **Corporate Activity:** Q2 earnings reports from companies like SpaceX, Circle, and Nvidia are due. Unitree Robotics will initiate its IPO subscription on the STAR Market, and Moonshot AI plans to begin a Pre-IPO financing round. * **Industry Events:** Major conferences such as Bitcoin Asia 2026 and the 2026 Digital Expo will take place. The overarching market narrative for August will revolve around macroeconomic expectations, regulatory developments, token unlock schedules, and ongoing industry consolidation.

marsbit08/01 02:16

PA Graphics Explanation | One Chart to Understand the Major Web3 Events in August 2026

marsbit08/01 02:16

When the Market Begins to Question AI Capex: A Full Analysis of Q2 Earnings Reports from Five Tech Giants

In late July 2026, five major US tech giants—Alphabet, Intel, Microsoft, Meta, and Apple—released their Q2 earnings reports. While all companies exceeded revenue and profit expectations, driven by strong AI-related business growth, investor reactions diverged sharply due to concerns over escalating AI capital expenditures (capex) and their impact on free cash flow. Alphabet reported strong revenue growth and a surging cloud business, but its stock fell after announcing a doubled year-on-year capex and negative quarterly free cash flow for the first time. Intel posted its strongest revenue growth in over 15 years, but its stock experienced volatile trading after significantly raising its full-year capex guidance. Microsoft saw its stock surge after beating estimates and, crucially, lowering its capex forecast while projecting positive free cash flow. Meta faced the most severe sell-off as its profits declined despite revenue beats, with free cash flow plunging over 90% and its capex guidance raised. Apple reported record June-quarter results, but its stock plummeted after providing Q4 revenue guidance that fell short of expectations, citing supply chain constraints and forex headwinds. The overall takeaway is that the market's focus has shifted from validating AI demand to scrutinizing the timeline for returns on massive AI investments. Companies demonstrating a clearer path to managing capex and preserving free cash flow, like Microsoft, were rewarded, while those signaling continued aggressive spending faced investor skepticism.

Odaily星球日报08/01 01:36

When the Market Begins to Question AI Capex: A Full Analysis of Q2 Earnings Reports from Five Tech Giants

Odaily星球日报08/01 01:36

Reddit Triples Profit to $253 Million, But Notes Search Query Volatility

Reddit reported second-quarter 2026 net income of $253 million, roughly triple the $89 million from a year earlier. Revenue surged 61% year-over-year to $805 million, marking the eighth consecutive quarter of over 60% growth. Advertising revenue jumped 64% to $762 million, driven by higher ad prices and increased impressions. The company's weekly active unique users surpassed 500 million for the first time, reaching 514.6 million. However, executives flagged a concern: traffic from search engines became volatile toward the end of the quarter, creating headwinds for converting its large audience into daily users. CEO Steven Huffman noted that "AI overviews have not yet had a similarly positive impact" on search referrals compared to traditional links. Other highlights include adjusted EBITDA rising 43% to $343 million, operating cash flow of $262 million for the quarter, and the launch of Reddit's first shareholder return program with $235 million spent on share repurchases. For the current quarter, Reddit forecasts revenue between $860 million and $870 million.

cryptonews.ru07/31 09:41

Reddit Triples Profit to $253 Million, But Notes Search Query Volatility

cryptonews.ru07/31 09:41

Coinbase Hits Record Crypto Market Share but Fails to Avoid Losses

Coinbase posted its Q2 2026 results, reporting a record-high 10.3% share of the global crypto trading market. However, the company still posted a net loss of $359 million, significantly missing analyst estimates, as weak trading activity and low market volatility hurt its financial performance. While transaction revenue fell to $599 million and subscription/services revenue came in at $555 million, both below forecasts, the company is actively diversifying its business. It is expanding into derivatives, tokenized assets, and payment services to reduce its dependence on spot trading volumes. The report highlights a key challenge: capturing market share does not guarantee profitability in a declining and less volatile market. Coinbase's future performance will depend on how quickly its new revenue streams can offset the pressures on its core spot trading business.

cryptonews.ru07/31 09:26

Coinbase Hits Record Crypto Market Share but Fails to Avoid Losses

cryptonews.ru07/31 09:26

Storage Chip Stocks Skyrocket: Is This a Return to a Bull Market or a Dead Cat Bounce?

The storage chip sector experienced a dramatic overnight rebound in US markets, with major stocks like SK Hynix and Micron surging over 17%. This sharp reversal is attributed to multiple factors: potential short-selling bans and market stabilization measures from South Korea, significant leverage unwinding (with leveraged ETF assets down ~70% from peaks), cooler-than-expected US inflation data easing rate hike fears, and a stellar Microsoft earnings report showing strong cloud/AI demand growth. Microsoft's results, highlighting Azure revenue crossing $100 billion, helped counter the "AI bubble burst" narrative that had pressured the sector. However, the article cautions against declaring a sustained bull market. Key risks remain, including potential further interest rate hikes by the Bank of Japan, which could pressure global carry trades, and unanswered questions about whether high industry profits can be maintained amid the supply cycle and new competition. Investors are advised to monitor whether gains hold, watch for updates on HBM/DRAM/NAND pricing and orders, and await key upcoming events like NVIDIA's earnings. The conclusion emphasizes disciplined investing—avoiding panic selling or FOMO buying—and using strategies like hedging to manage risk in this volatile environment.

marsbit07/31 08:16

Storage Chip Stocks Skyrocket: Is This a Return to a Bull Market or a Dead Cat Bounce?

marsbit07/31 08:16

Strategy's Loss in the Second Quarter Reaches $8.22 Billion Amid Bitcoin Decline

Strategy, the largest corporate holder of Bitcoin, reported a net loss of $8.22 billion for the second quarter. This loss was primarily driven by an $8.32 billion unrealized loss on its Bitcoin holdings due to a decline in the asset's price during the period. Despite these paper losses, the company increased its Bitcoin holdings to 843,775 BTC, a 25% growth since the start of the year. As part of a new monetization strategy, Strategy sold approximately $218.4 million worth of Bitcoin, mainly to fund dividends for preferred shareholders, with $216 million of that sold after Q2 ended. The company also built a $3.75 billion cash reserve, which it claims is sufficient to cover over two years of dividend and interest payments, aiming to insulate itself from Bitcoin's volatility while meeting obligations. Following the earnings release, Strategy's stock (MSTR) rose 4.7% in regular trading but corrected slightly after-hours. This pattern reflects how the company's accounting results are heavily tied to Bitcoin's price swings, even as its long-term strategy remains unchanged. The report indicates that Strategy is maintaining its core strategy of accumulating Bitcoin while building a financial buffer. This quarterly loss follows a recognizable pattern, with the company posting significant unrealized losses in previous quarters (e.g., $12.4 billion in Q4 2025 and ~$12.5 billion in Q1 2026) due to fair-value accounting. A key technical shift is its new monetization program, which introduces periodic selling pressure on the market, transitioning Strategy from a pure accumulator to a participant that occasionally adds supply. A critical question remains: how long can the cash reserve cover dividend obligations if a Bitcoin price downturn persists beyond two years?

cryptonews.ru07/31 08:05

Strategy's Loss in the Second Quarter Reaches $8.22 Billion Amid Bitcoin Decline