Company News for Oct 8, 2026
- Constellation Brands, Inc. (STZ) shares rose 2.4% after the company reported second quarter fiscal 2027 revenues of $2.63 billion, surpassing the Zacks Consensus Estimate by 2.46%.
- Penguin Solutions, Inc. (PENG) shares surged 13.1% after the company reported fourth quarter 2026 revenues of $566.69 million, surpassing the Zacks Consensus Estimate by 10.57%.
- Space Exploration Technologies Corp. (SPCX) shares fell 2.5% after Bloomberg reported that the company is seeking to raise $40 billion in new debt to purchase Nvidia chips for its data centers.
- Moderna, Inc. (MRNA) shares rose 4.8% on health emerging as one of the biggest-gaining sectors in the session.
Beyond Nvidia: AI's Second Wave Is Here
The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. AI’s second wave is moving from infrastructure to implementation and these companies are at the forefront of this transition, positioned to become what Amazon and Google were to the internet era.
See Stocks Now >>This article originally published on Zacks Investment Research (zacks.com).
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