TECH STOCKS RALLIED AHEAD OF MAJOR TECH EARNINGS AND THE FED’S RATE DECISION, WITH THE NASDAQ 100 UP 1.3% AND THE SEMICO | Hanami
TECH STOCKS RALLIED AHEAD OF MAJOR TECH EARNINGS AND THE FED’S RATE DECISION, WITH THE NASDAQ 100 UP 1.3% AND THE SEMICONDUCTOR INDEX GAINING 3.6%. META’S $25 BILLION SHARE SALE WAS FIVE TIMES OVERSUBSCRIBED, WHILE ORACLE EXPANDED ITS AI PARTNERSHIP WITH OPENAI USING CEREBRAS CHIPS.(Historical earnings: For 2026Q2 (period ended 2026-06-30), reported basic and diluted EPS of -4.34, net loss of USD 0.465 billion, and revenue of USD 0.374 billion.
Consensus expectations: For 2026Q3, consensus expects EPS of -0.13 and revenue of USD 0.219 billion.)