Hertz Global Holdings shares jumped over 22% after the car rental company reported a return to quarterly profitability with $64 million in net income on $2.396 billion in revenue. The beat-and-raise quarter triggered a short squeeze, with heavily shorted stock forcing bearish investors to cover positions despite ongoing securities class action lawsuits and recent index removals.
Doximity shares surged over 80% after the medical platform's CEO revealed its AI search product generates 10 times more revenue than it costs to run. The beat-and-raise quarter was amplified by a significant short squeeze, with the stock having been down 50% year-to-date before the results.
A powerful storm system brought intense rainfall to Western Pennsylvania on Friday, August 7, 2026, causing significant flooding, road damage, and debris accumulation across multiple counties. Communities including Union Township, Penn Hills, and Westmoreland County reported impacted roads and infrastructure, with photos showing submerged streets and piles of tires scattered on roadways.
A 35-year-old Shawnee man, Roger Harris, died Thursday evening after his vehicle left Garrett's Lake Road in Pottawatomie County, rolled over, and struck a tree. A passenger was injured in the crash, which occurred just north of the Interstate 40 and Highway 18 junction.
Advanced nuclear company Oklo Inc. reported its first quarterly revenue of $1.2 million for Q2 2026, significantly exceeding analyst expectations of approximately $84,000. Despite a wider-than-expected net loss of $48.5 million, shares rose nearly 15% following the announcement and news that its Groves test reactor in Texas achieved first criticality in under a year.
Elon Musk's SpaceX and Tesla have confirmed an initial $16.8 billion investment in 'Terafab,' an AI semiconductor plant in Grimes County, Texas. The 100-million-square-foot facility is projected to become the world's largest building, creating 3,000 jobs and producing chips for Optimus robots, Cybercabs, and orbital data centers. The project is finalized following public meetings and signed tax agreements.
Burger King's U.S. same-store sales jumped 8.5% in Q2 2026, fueled by an upgraded Whopper with a new bun, creamier mayo, and box packaging. The brand's "Your Way Champion" manager role and Whopper Guarantee are enhancing customer experience. Meanwhile, sister chain Popeyes continues to struggle with a 5.2% sales decline.
A grassroots coalition, Hampshire Next, has secured $2 million in pledges from 1,400 donors to purchase the 800-acre Hampshire College campus in Amherst. The group aims to create an "educational village" for interdisciplinary learning after the college closes at year's end, competing with two other proposals for the site.
An investigation is active in Aiken County after a man's body was discovered in a drainage ditch along Jefferson Davis Highway in North Augusta. Authorities have identified the victim but are withholding his name pending family notification, with an autopsy scheduled in Newberry to determine the cause of death.
A major crash on the Garden State Parkway in Lacey Township, New Jersey, has resulted in one fatality and eight injuries. The incident, described as a mass-casualty event, led to the closure of northbound lanes for an extended period, causing significant traffic delays in Ocean County.
OpenAI is preparing to enter the hardware market with a premium, doughnut-shaped smart speaker priced between $300 and $400, developed in partnership with legendary designer Jony Ive. The battery-powered, screenless device is designed to be a proactive AI companion with moving parts to convey "personality," a camera to perceive its environment, and a targeted 2027 release, though it faces a legal hurdle from Apple over alleged trade secret theft.
Rockstar Games has announced "Grand Theft Auto VI: An Extended Look," a new gameplay presentation premiering exclusively on Netflix on August 27 at 3 p.m. ET. Netflix subscribers will get a six-hour head start before the footage releases on the official Rockstar YouTube channel and website. This marks an unprecedented first-of-its-kind partnership, giving the streaming giant exclusive access to the most anticipated video game reveal of the decade.
U.S. President Donald Trump has predicted the six-month-long war with Iran will end "pretty soon," as Iran and Oman finalize an agreement on a commercial shipping route through the Strait of Hormuz. While Iran's deputy foreign minister says a deal with Oman is close, Tehran insists the strait will not reopen unless the U.S. lifts its naval blockade and meets other commitments. Meanwhile, Saudi Arabia braces for "multiple coordinated attacks" by Iraqi militias and the Houthis, as U.S. officials p
Atlassian stock (TEAM) surged over 23% on August 6, 2026, following the announcement of new AI-native features for Jira that integrate with leading coding agents like Claude Code and GitHub Copilot. The stock's after-hours spike to ~$151.00 reflects growing optimism, despite the company posting a quarterly net loss near $98M on ~$1.79B revenue. Morgan Stanley launched coverage with an Overweight rating and $120 target, while KeyBanc trimmed its target to $115 but maintained Overweight. All eyes
The Trade Desk (TTD) shares tumbled over 26% in after-hours trading after reporting Q2 revenue of $715 million, missing estimates of $752 million, with EPS of $0.34 also below consensus. The company shocked investors with Q3 guidance of just $650 million revenue—far below the $805 million expected—representing a projected 12% year-over-year decline. The results cap a tumultuous year marked by a dispute with Publicis Groupe, slowing growth, and intensifying competition from Amazon's ad platform.
A BBC undercover investigation has exposed a stairlift salesman illegally selling animal dewormers and scabies drugs as unproven cancer treatments. The investigation comes amid surging public interest fueled by celebrity endorsements, which caused prescriptions for ivermectin to more than double. While the National Cancer Institute is studying the drug's potential, experts warn of "zero clinical evidence" and documented cases of harm.
A federal appeals court has ruled that the Education Department must forgive approximately $11 billion in student loans for over 170,000 borrowers who were defrauded by for-profit colleges. The decision upholds the 2022 Sweet v. Cardona settlement, bringing total relief to roughly 450,000 borrowers and $23 billion. The Trump administration's attempt to delay the deadline was rejected after missing court-ordered application review dates.
A Wistar Institute study published in Nature Aging reveals that chemotherapy-surviving ovarian cancer cells release fructose, which signals neighboring tumor cells to detach and spread. In animal models, a high-fructose diet comparable to sugary drinks increased metastasis. The research also found that statins, which lower cholesterol, may mimic this effect, raising questions about combining them with chemotherapy.
Sydney Towle, the 26-year-old TikTok creator who candidly documented her three-year battle with stage 4 cholangiocarcinoma, a rare bile duct cancer, has died. Her family announced her passing on August 5, one day after she entered hospice care. The Dartmouth graduate amassed over 1.1 million followers by sharing both the struggles and joys of living with cancer as a young adult, inspiring a community that extended far beyond her social media pages
Massachusetts has reported 147 cyclospora cases in 2026, nearly double last year's total, with cases surging from 32 in June to 104 in July. Health officials have identified clusters linked to the national Taylor Farms lettuce recall but found no evidence of large in-state outbreaks. The national total has surpassed 22,000 cases with two deaths in Michigan, as experts warn the parasite may be challenging to eliminate through washing alone.