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Parsons (NYSE:PSN) Cuts Guidance and Books US$118m of Charges, What Actually Broke at the Defence Contractor?

Parsons Corporation (NYSE:PSN) reported second-quarter results before the open, filing an earnings release on Form 8-K and its Form 10-Q the same day. The stock fell by roughly a third in a session, touching a 52-week low of US$36.26, before rebounding 7.07% to close …

Vinay Lochav | 03 August 2026

Phoenix Education Partners (NYSE:PXED): Nine Months Public: Phoenix Education Partners Grows Enrolment but Trims Its Revenue Guidance

Phoenix Education Partners (NYSE:PXED), the parent of the University of Phoenix, has been listed for less than a year. The shares trade on the New York Stock Exchange as PXED after an initial public offering priced at US$32.00 that closed. It was entirely secondary: …

Vinay Lochav | 03 August 2026

EquipmentShare.com (NASDAQ:EQPT): EquipmentShare Lifts Guidance and Adds a US$500m Buyback, So Why Do the Shares Still Trade Below Their IPO Price?

EquipmentShare.com (NASDAQ:EQPT). That capitalises the Columbia, Missouri rental group at roughly US$4.75bn on aggregated market data's figures, about 23% below the US$24.50 at which it floated on Nasdaq, and far under a 52-week high of US$35.50.

Vinay Lochav | 03 August 2026

Freshworks' (NASDAQ:FRSH) AI Service Desk Is Outrunning Its Original Business, Can That Carry a Re-Rating?

Freshworks trades on heavy turnover, valuing the Nasdaq-listed software group at about US$3.11bn. The shares are down about 19% over a year but sit 40% above the US$7.97 average price at which the company bought back its own stock in the March quarter.

Vinay Lochav | 03 August 2026

Ingram Micro's (NYSE:INGM) AI Distribution Surge Is Real, But the Bill Is Being Paid in Working Capital

Ingram Micro Holding Corporation (NYSE:INGM) reported June-quarter results, filing an earnings release and a Form 10-Q the same day. Net sales for the 13 weeks ended reached US$14.53bn, up 13.6% year on year and, on the company's own description, the strongest second quarter in …

Vinay Lochav | 03 August 2026

IQIYI (NASDAQ:IQ) Applies for a Hong Kong Listing and Clears Its 2028 Notes, But China's Streaming Veteran Is Back in the Red

IQIYI, Inc. American (NASDAQ:IQ) depositary That values one of China's largest long-form streaming platforms at roughly US$1.24bn, near the bottom of a 52-week range of US$0.95 to US$2.84 reported by aggregated market data.

Vinay Lochav | 03 August 2026

Manhattan Associates (NASDAQ:MANH) Posts a Record Quarter and a US$2.47bn Backlog, So Why Did the Shares Fall 6%?

Manhattan Associates (NASDAQ:MANH) reported June-quarter results after the US close. By the close on 30 July the shares stood at US$190.97, down 6.40% on the day, valuing the Atlanta software company at about US$11.2bn.

Vinay Lochav | 03 August 2026

CLEAR's (NYSE:YOU) Enterprise Arm Grew Fivefold Last Quarter, But the TSA Is Building Its Own Face Scanners

Clear Secure (NYSE:YOU) trades after an 8.45% jump the session before. That capitalises it at roughly US$7.5bn, against a 52-week range of US$28.39 to US$62.73.

Vinay Lochav | 03 August 2026

CS Disco (NYSE:LAW) Folds Its AI Into a Single Price, Can That Bet Deliver Breakeven by December?

CS Disco (NYSE:LAW) trades inside a 52-week range of US$2.45 to US$9.11. Market capitalisation is roughly US$254m.

Vinay Lochav | 03 August 2026

Doximity's (NYSE:DOCS) Clinical AI Just Topped an Independent Safety Benchmark, So Why Are the Shares Down 72%?

Doximity, Inc. (NYSE:DOCS) said, in a release carried on Business Wire, that its clinical AI assistant Ask ranked first on NOHARM, a safety benchmark built by the ARISE group, which the company describes as led by Stanford and Harvard Medical School physicians. Across more …

Vinay Lochav | 03 August 2026
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