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Blockonomi
Cryptocurrency News & Your Guide to the Blockchain Economy
07/29/2026 11:37 PM Fortinet (FTNT) Stock: Surge as Q2 Product Revenue Jumps 52% and Cybersecurity Demand Accelerates
TLDR Fortinet stock jumps 11% after hours as second-quarter growth beats expectations Product revenue climbs 52% as demand strengthens across security platforms globally Quarterly revenue rises 26% to $2.05 billion on stronger product sales momentum Billings increase 33% to $2.37 billion as customer security spending accelerates Fortinet keeps 2026 guidance firm with annual revenue projected [...]
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07/29/2026 11:02 PM Microsoft Corp. (MSFT) Stock: Rebounds as Q4 Revenue Hits $90 Billion and Azure Tops $100 Billion
TLDR Microsoft shares rebound 2.51% after hours to $400.35 following Q4 earnings Quarterly revenue rises 18% to $90 billion as cloud sales strengthen further Azure revenue grows 43% and tops $100 billion for the full 2026 fiscal year GAAP net income climbs 31% to $35.8 billion while diluted EPS reaches $4.81 Windows and Xbox revenue [...]
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07/29/2026 10:32 PM Robinhood (HOOD) Stock: Drops as Q2 Revenue Jumps 32% and Net Income Surges 48%
TLDR Robinhood shares dropped after hours despite strong second-quarter growth in Q2. Q2 revenue climbed 32% to $1.31 billion as trading activity reached records. Net income surged 48% to $573 million, while diluted EPS increased to $0.62. Crypto revenue fell 38% even as options and equities revenue increased sharply. Platform assets reached $369 billion while [...]
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07/29/2026 10:11 PM Starbucks Corporation (SBUX) Stock: Q3 Comparable Sales Rise 7.9% as North America Revenue Reaches $7.4 Billion
TLDR Starbucks global comparable sales rose 7.9% as customer traffic strengthened. North America revenue climbed 7% to $7.4 billion on stronger overall store demand. GAAP earnings per share jumped 86% to $0.91 during the fiscal third quarter. International margins widened sharply despite lower revenue after the China deal. SBUX gained 6.83% after hours as stronger [...]
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07/29/2026 09:48 PM Meta Platforms, Inc. (META) Stock: Sinks as Q2 Costs Surge 55% and Revenue Jumps 28%
TLDR Meta shares plunged 6.25% after hours despite a strong 28% revenue increase. Quarterly costs surged 55% as legal and severance charges pressured profit. Net income fell 14% while diluted earnings declined 13% to $6.18 per share. Capital spending reached $31.08 billion and reduced free cash flow sharply. Advertising stayed strong as impressions rose 14% [...]
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07/29/2026 09:29 PM Fiverr International (FVRR) Stock: Plunges 20% as AI Disruption Weakens Revenue
TLDR Fiverr shares plunge 20.58% as weak revenue exposes mounting AI disruption pressure Quarterly revenue falls 10% as marketplace sales and active buyers decline sharply Annual active buyers drop 21.9% while spending per buyer climbs to $368 annually Fiverr shifts toward longer, higher-value projects requiring human expertise Profit remains positive, but cash flow and adjusted [...]
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07/29/2026 08:21 PM SK hynix Inc. (SKHY) Stock: Surges as HBM4 Drives 557% Profit Growth
TLDR SK hynix stock rises 3.73% after the company posts record quarterly results. Quarterly revenue jumps 257% as global demand for advanced AI memory strengthens. Operating profit surges 557% as HBM and server DRAM sales expand worldwide. HBM4 mass shipments begin, supporting a stronger second-half production ramp. Long-term supply deals with 10 customers strengthen future [...]
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07/29/2026 08:03 PM AbbVie (ABBV) Stock: Rises as RINVOQ Wins EU Approval for Severe Hair Loss
TLDR AbbVie stock gained 1.17% to $266.27 after RINVOQ secured major EU approval. The approval covers adults and adolescents aged 12 and older with severe AA. Phase 3 studies showed significant scalp hair regrowth after 24 weeks of use. Both RINVOQ doses met key efficacy goals across two controlled Phase 3 studies. The decision expands [...]
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07/29/2026 07:44 PM FirstService Corporation (FSV) Stock: Forbes Travel Guide Honors Sun Rose Residences for Service Excellence
TLDR Forbes honours Sun Rose Residences for premium residential service excellence. FSV-managed luxury community earns prestigious VERIFIED™ designation. Sun Rose Residences gains Forbes recognition for hospitality-led living. FirstService Residential adds Forbes luxury designation to West Hollywood site. VERIFIED™ recognition highlights FSV’s focus on resident service standards. FirstService Corporation (FSV) shares traded at $144.76, up $1.74, [...]
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07/29/2026 07:34 PM First Northwest Bancorp (FNWB) Stock: Board Chair Cindy Hill Finnie Earns 2026 Director of the Year Honor
TLDR FNWB Board Chair wins 2026 governance award, highlighting leadership strength. First Fed Board Chair receives top governance honour as FNWB shares advance. Cindy Hill Finnie earns 2026 Director award, reinforcing FNWB governance focus. FNWB highlights board excellence after Chair receives prestigious leadership honour. First Fed Chair secures governance recognition amid FNWB strategic expansion. First [...]
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