Private equity firm Stellex Capital Management bought all 1,604,326 shares of Team Inc. common stock held by Corre Partners in a privately negotiated deal priced at $35.50 per share. After the transaction, Stellex is expected to own about 35% of the company’s outstanding common stock and will continue to hold preferred stock and warrants it previously received. Team did not issue any new shares and will not receive any proceeds from the sale.

DA Davidson downgraded The Trade Desk to Neutral from Buy and slashed its price target to $16 from $29 after the company’s second-quarter results fell well short of expectations. The firm said both Q2 revenue and adjusted EBITDA missed by a wide margin. It also said the company’s third-quarter guidance came in far below Street consensus. DA Davidson attributed the pressure to a mix of global macro headwinds and company-specific customer friction as well as pricing and transparency issues.

Apple reported fiscal 2024 third-quarter earnings per share of $2.02 on revenue of $109.42 billion, both ahead of market expectations. KeyBanc said the EPS included a $0.11-per-share benefit from tariff refunds, leaving underlying profitability under pressure once that item is excluded. The firm estimates non-iPhone hardware unit shipments could fall 15%–25% year over year and argues Apple’s valuation—about 37 times FY2027 EPS—is well above its three-year average. KeyBanc maintains an Underweight rating and a $250 price target, implying about 19% downside.

Cantor Fitzgerald analyst Jonathan Ruykhaver reiterated a Neutral rating on BigBear.ai after the company reported Q2 results, but lowered his price target to $4 from $5. The company posted revenue of $36.74 million, up 13% year over year and above Wall Street expectations, while gross margin rose to 32.8% on stronger adoption of the Ask Sage platform. BigBear.ai said backlog reached $270 million and it won more than 20 new contracts during the quarter. It ended the quarter with $410 million in cash and investments.

Apple shares rose about 1%, lifting its market capitalization to nearly $5 trillion and putting it back on top among publicly traded companies. Nvidia fell 5%, ending with a market value of nearly $4.77 trillion. Apple has climbed about 20% over the past month, helped by stronger iPhone demand and improving services revenue. HSBC upgraded the stock to Buy and raised its price target to $366.

Greenland Mines (NASDAQ: GRML) said its Skaergaard project in southeast Greenland posted a 31% increase in indicated palladium-equivalent resources, which it described as one of the largest undeveloped palladium, gold and platinum deposits in the western world. The company said the 2026 field season is underway, with drilling, metallurgical bulk sampling and engineering studies in progress. The update comes as palladium demand is heavily tied to automotive catalytic converters, accounting for roughly 80% to 85% of global demand, while Russian supply is seen as a geopolitical risk.

D-Wave Quantum (QBTS) is set to report second-quarter 2026 results before the market opens on Aug. 6. Options pricing implies a 17.46% one-day swing, well above the stock’s average post-earnings move of 5.07% over the past four quarters. Analysts forecast a narrower loss of $0.09 per share and revenue of $4.03 million, up about 30% year over year. Wall Street shows 12 Buy ratings and an average price target of $38.27, implying 136.11% upside from the current price.

SoFi Technologies (SOFI) is set to release its Q2 2026 earnings on July 29, with Wall Street looking for EPS of $0.11 and revenue of $1.11 billion. Some analysts, including Truist, have flagged potential pressure from a slowing technology platform, weaker loan-platform momentum, and rising customer acquisition costs, turning “tactically more bearish.” Options markets are pricing a 10.45% move in either direction, above the past four-quarter average post-earnings move of about 8.5%.

Alphabet reported Q1 revenue of $119.8 billion, beating expectations, but its shares fell in after-hours trading after management raised its full-year capital spending forecast to $195 billion–$205 billion. The higher capex plan fueled concerns that returns on the company’s AI investments could take longer to materialize. Analysts said Alphabet’s computing capacity is lagging customer demand, pushing the company to lease more third-party data center capacity from providers such as Digital Realty and Equinix. That stance has been read as a constructive signal for specialized data center REITs.