Category: Latest News

U.S. factory orders increased 0.9% in the latest reporting period, exceeding economists’ expectations and reversing the decline recorded in the previous month. Economists had forecast an increase of 0.7%, while factory orders had fallen 0.2% in the preceding period. Factory orders measure the total value of new purchase orders placed with U.S. manufacturers and include…

Caterpillar Inc. (NYSE:CAT) announced a collaboration with FieldAI focused on deploying artificial intelligence, robotics and digital twin technology across industrial jobsites and manufacturing facilities. The collaboration combines Caterpillar’s operational data and engineering capabilities with FieldAI’s robot-agnostic autonomy software and foundation models. According to Caterpillar, initial applications include autonomous inspections, real-time digital twins of facilities, situational…

REX American Resources Corporation (NYSE:REX) shares fell 4.6% following the release of fiscal second-quarter 2026 results that exceeded analyst earnings expectations but came in below the consensus revenue forecast. The ethanol producer reported adjusted earnings per share of $1.06, compared with an analyst estimate of $0.42. Revenue reached $168.5 million, below the consensus estimate of…

PACS Group, Inc. (NYSE:PACS) shares rose 3.3% in premarket trading on Wednesday after the company announced definitive agreements to acquire the operations of 32 skilled nursing facilities in Florida and completed additional facility acquisitions from Eduro Healthcare. The Florida facilities comprise 4,049 licensed skilled nursing beds and will be leased from Omega Healthcare Investors, Inc.…

Telix Pharmaceuticals Ltd ADR (NASDAQ:TLX) shares rose 5.3% in premarket trading on Wednesday as investors assessed the company’s Phase 3 BiPASS trial progress and its regulatory pathway in the U.S. H.C. Wainwright analyst Robert Burns reiterated a Buy rating on Telix and maintained a $20.00 price target after the company completed enrollment in the BiPASS…

Definitive Healthcare Corp. (NASDAQ:DH) shares rose 13% on Wednesday after Advent International submitted a non-binding proposal to acquire shares and units it does not already own for $1.02 per share in cash. The proposed price represents a 36% premium to Definitive Healthcare’s 60-day volume-weighted average daily trading price of $0.75 per share as of the…

Eos Energy Enterprises (NASDAQ:EOSE) shares rose 12% on Wednesday following the announcement of a collaboration with MN8 Energy and Google for a solar and energy storage project in West Virginia. The project will combine 86 MW of utility-scale solar generation with 10 MW/100 MWh of Eos’ Z3 zinc-based long-duration energy storage and 70 MW/280 MWh…

Equinix (NASDAQ:EQIX) shares rose 2% on Wednesday after the company announced Equinix Inference Exchange, a distributed artificial intelligence inference program developed in collaboration with Nvidia and Together AI. The program brings together Nvidia Enterprise Reference Architectures, Together AI’s inference platform and Equinix’s global infrastructure for enterprises deploying AI workloads. According to Equinix, the combination is…

PG&E Corporation (NYSE:PCG) announced a strategic review of its business structure and financing options alongside changes to its 2027 capital plan that will defer approximately $2 billion of previously planned investment. The company’s board has established a Strategic Review Committee consisting of four independent directors. The committee will assess regulatory, financial, operational and strategic alternatives…