Stock Market Research
Data-driven company analysis and original studies from Equibles, grounded in disclosed primary sources and documented methods.
D-Wave Quantum (QBTS) Q3 2026 Earnings Preview and Forecast
We forecast Q3 2026 revenue of $3.4 million for D-Wave Quantum, below the $4.34 million consensus and in line with management's own guide. Only one of the two systems shipping in Q4 is a sale, so we also see Q4 and full-year revenue well under the Street.
Plug Power (PLUG) Q3 2026 Earnings Preview and Forecast
We forecast Q3 2026 revenue of $196.7 million for Plug Power, above the $193.3 million consensus and the floor Plug itself pre-announced, with a reported gross margin that slips from Q2 while the underlying margin keeps improving.
Friday Night Filings: What Companies Released After the Close on October 30
We read the 32 notable 8-Ks that Nasdaq and NYSE companies filed after 4 p.m. on Friday, October 30: a Nasdaq delisting with no grace period after a 1-for-2,000 reverse split run, a CEO handover at Equity LifeStyle, an auditor switch at Citizens Financial, layoffs at FTI Consulting and Vistagen, and eight listing notices.
SoundHound AI (SOUN) Q3 2026 Earnings Preview and Forecast
We forecast Q3 2026 revenue of $76.2 million for SoundHound AI, 23% above the $62.2 million consensus, because consensus leaves out the 27 days of LivePerson since the deal closed. Like for like, the core business is in line.
Reddit (RDDT) Q3 2026 Earnings: Our Forecast vs the Results
We forecast Q3 2026 revenue of $900.6 million for Reddit and a beat; it reported $895.0 million against a $875.0 million consensus. Here is what our model got right, what it missed on US users, and what changes for Q4.
Nasdaq's $1 Warning: Most Companies Stay Listed, Most Shares Fall
We followed 145 Nasdaq companies that disclosed their first minimum bid price notice in the first half of 2025. By October 2026, three in four were still listed and 59% had done a reverse split, but the typical stock still listed was down 47% from the day of the letter while the S&P 500 rose 32%.
AST SpaceMobile (ASTS) Q3 2026 Earnings Preview and Forecast
We forecast Q3 2026 revenue of $40.0M for AST SpaceMobile, 13% below the $46.0M consensus, and $152.3M for the year, at the bottom of its $150M to $200M guidance, because only about $79M of its contracted backlog was due in the next twelve months.
What "Congrats on the Quarter" Tells You About a Stock
We read the analyst questions on 59,306 US earnings calls from 2020 to 2025. When three or more analysts congratulated management on the results, the stock beat the S&P 500 by the next day's close 64.6% of the time, against 44.3% when nobody did, but the praise was no forecast of the next three months.
Lucid Group (LCID) Q3 2026 Earnings Preview and Forecast
We forecast Q3 2026 revenue of $376.6M for Lucid Group, 5.7% below the $399.1M consensus, because the 3,806 vehicles it already reported would need a record price per vehicle to get there. We expect a loss of $2.80 per share against the $2.21 consensus.
Do Companies Really Bury Bad News on Friday Night?
We timed 89,040 8-Ks from Nasdaq and NYSE companies to the second they went public. Earnings almost never land on a Friday evening, but 38.6% of listing deficiency notices and 21.5% of auditor changes do, and the timing didn't soften the market's reaction.
Anthropic's S-1 Explains the Unnamed Deals in Google, Broadcom and SpaceX Filings
Alphabet, Broadcom and SpaceX each report a large deal with a private company or customer they don't name. Read against Anthropic's S-1, the amounts, dates and terms match Anthropic's own. Amazon, which does name it, valued the same Anthropic notes $10.7 billion below Anthropic's figure at June 30, and $15.7 billion above it at September 30.
Rocket Lab (RKLB) Q3 2026 Earnings Preview and Forecast
We forecast Q3 2026 revenue of $260.3M for Rocket Lab, 1.2% above the $257.2M consensus and in the top half of its $250M to $265M guidance, on six full-value Electron launches. We expect a loss of $0.073 a share, wider than the $0.066 consensus.
SoFi Technologies (SOFI) Q3 2026 Earnings: Our Forecast vs the Results
SoFi reported Q3 2026 adjusted net revenue of $1,371.1M, above our $1,273.7M forecast and the $1,264.4M consensus. Our beat call held but we underestimated loan growth; here is what the model got right, what it missed and what changes for Q4.
One in Six Nasdaq Companies Doubts It Can Last a Year
Of 2,281 Nasdaq operating companies that filed a quarterly report since July, 382 say there is substantial doubt they can continue as a going concern, against 56 of 1,670 on the NYSE. The warning clusters in small companies and drug developers, and it rarely goes away.
Not Every Short Is a Bet: The S&P 500's Most-Shorted Stocks
Ten of the 25 most-shorted S&P 500 stocks have a stock deal, convertible notes, forward share sales or a mandatory convertible in their SEC filings, each a standard source of hedged short selling. Kimberly-Clark and Medtronic show how fast deal trades can push a position up.
Congress Stock Trading in 2026: The Pre-Midterm Scorecard
Members of Congress reported 3,416 stock trades made in 2026. Three members made more than half, 786 were reported after the 45-day limit, and only 39% of the purchases have beaten the S&P 500 since.
Recession Talk Has Vanished From Earnings Calls. Affordability Took Its Place
S&P 500 executives and analysts discussed the chance of an economy-wide recession on 2 of 477 earnings calls in July to September 2026, the lowest share since at least 2024, down from 22.2% after the April 2025 tariff announcements. The freight recession now comes up more often, and affordability is on a quarter of calls.
Executives Outside Tech: AI Means Hiring Less, Not Layoffs
Executives at non-tech S&P 500 companies tied AI to their headcount on 41 of 4,335 earnings calls since January 2024, rising from 0.51% of calls in 2024 to 1.38% in 2026. Most described hiring less rather than layoffs, and denials have grown almost as fast as the claims.
AI Talk Nearly Doubled Outside Tech. Proof of Payoff Is Rare
Executives at non-tech S&P 500 companies talked about AI on 61.2% of their earnings calls last quarter, up from 33.8% in early 2024. Only 9.0% of calls put a number on what AI saved, sped up or earned, and the most common figure is a savings target for a company-wide cost program.
Who Talks About Neoclouds on Earnings Calls? Evidence From 36,283 Calls
No US-listed company said “neocloud” on an earnings call in 2024; 64 did from July to September 2026. The word belongs to the chip, network, storage and data center suppliers that sell to these AI clouds, and in October it reached bank and asset manager calls as a credit question.