ADVFN US – Market Content Editor
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H World Group shares rise 5% after Q2 earnings beat and guidance upgrade
H World Group Limited (NASDAQ:HTHT) shares climbed 5.32% in pre-market trading on Monday after the hotel operator delivered second-quarter results above analyst expectations and raised its revenue outlook for 2026. Adjusted earnings per ADS came in at $0.78, ahead of the consensus forecast of $0.72. Revenue increased 10.8% year-on-year to RMB7.12 billion ($1.05 billion), beating…
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Kratos and GE Aerospace secure U.S. Air Force JASSM engine development contract
Kratos Defense & Security Solutions (NASDAQ:KTOS) and GE Aerospace (NYSE:GE) have secured a U.S. Air Force Engineering, Manufacturing and Development contract for their jointly developed GEK800 engine, which has now received the military designation F143-ZZ-100. The engine is being developed as a second-source propulsion system for the Joint Air-to-Surface Standoff Missile, or JASSM, expanding the…
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Freightos shares surge 14% as Q2 loss beats expectations
Freightos Limited (NASDAQ:CRGO) shares jumped 14.07% in pre-market trading on Monday after the freight pricing and booking platform reported a smaller-than-expected second-quarter loss alongside record revenue. For the quarter ended June 30, 2026, Freightos posted a loss of $0.03 per share, outperforming the analyst consensus for a loss of $0.06 per share. Revenue increased 3%…
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Barrick Mining shares fall despite Q2 revenue beat and strong gold production
Barrick Mining Corporation (NYSE: B) shares fell in Monday trading after the gold producer reported second-quarter results that included revenue above expectations, earnings in line with forecasts and production that exceeded its guidance range. The stock was down around 6.4% following the report. Adjusted earnings came in at $0.82 per share, matching the analyst consensus,…
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L3Harris shares fall as CEO Christopher Kubasik exits following conduct review
L3Harris Technologies (NYSE:LHX) shares dropped around 2.7% in premarket trading on Monday after the defence contractor announced that Chairman and Chief Executive Officer Christopher Kubasik had left the company with immediate effect following a review of his conduct. The board appointed Sam Mehta as president and chief executive officer, effective immediately, while lead independent director…
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Intuitive Machines secures $600m-plus multi-satellite communications programme
Intuitive Machines, Inc. (NASDAQ:LUNR) has received authorisation to proceed with a multi-satellite communications infrastructure programme expected to be worth more than $600 million. The Houston-based space technology company did not identify the customer, with further details of the programme remaining confidential at the client’s request. Under the agreement, Intuitive Machines will be responsible for designing,…
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Chevron confirms major oil and gas condensate discovery offshore Angola
Chevron Corporation (NYSE:CVX), through its subsidiary Cabinda Gulf Oil Company Limited (CABGOC), has confirmed an oil and gas condensate discovery at the 105-4X exploration well in Angola’s offshore Block 0. Drilled in the Lower Congo Basin, the well encountered an oil and gas condensate column measuring more than 600 metres, or 2,000 feet, within the…
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Viasat selects Rocket Lab to build GEO satellite for U.S. Space Force
Viasat Inc. (NASDAQ:VSAT) has chosen Rocket Lab Corporation (NASDAQ:RKLB) to provide the satellite bus for a spacecraft being developed under the U.S. Space Force’s Protected Tactical SATCOM-Global (PTS-G) programme. The agreement, announced on August 17, 2026, will see Rocket Lab support Viasat’s work on the first PTS-G production award, known as Swarm 1, which is…
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BitFuFu shares plunge 17% after Q2 earnings and revenue miss
BitFuFu Inc. (NASDAQ:FUFU) shares dropped 17.24% in pre-market trading on Monday after the Bitcoin mining company reported a second-quarter loss that was worse than analysts expected and a steep year-on-year decline in revenue. For the quarter ended June 30, 2026, BitFuFu recorded an adjusted loss of $0.12 per share, compared with the analyst consensus for…
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Uber and Zipline team up to bring drone deliveries to Uber Eats in the U.S.
Uber Technologies stock price