Category: Latest News
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BioHarvest Sciences shares surge 11% after major fragrance manufacturing deal
BioHarvest Sciences Inc. (NASDAQ:BHST) shares jumped 11.43% on Tuesday after the company announced its first CDMO manufacturing agreement for a rare botanical fragrance ingredient, alongside second-quarter results showing modest revenue growth and a narrower adjusted loss per share. Second-quarter revenue reached $8.8 million, up 3.8% from $8.5 million a year earlier. Adjusted EPS improved to…
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Elbit Systems shares fall 6% despite Q2 earnings and revenue beat
Elbit Systems Ltd. (NASDAQ:ESLT) shares dropped 6.15% in pre-market trading on Tuesday even after the Israeli defence technology company reported second-quarter earnings and revenue above analyst expectations. Adjusted earnings per share reached $4.14, beating the analyst consensus of $3.24 by $0.90. Revenue increased 16% year-on-year to $2.29 billion from $1.97 billion, also exceeding the $2.22…
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Flowco Holdings shares rise 4% as revenue growth and cash flow offset Q2 earnings miss
Flowco Holdings Inc. (NYSE:FLOC) shares gained 4.66% in pre-market trading on Tuesday even after the oil and gas equipment provider reported second-quarter adjusted earnings below analyst expectations, as strong revenue growth and free cash flow provided more positive signals from the quarter. Adjusted earnings per share came in at $0.28 for the three months ended…
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Barrick Mining appoints Sebastiaan Bock to lead Rest of World operations
Barrick Mining Corporation (NYSE:B) has appointed Sebastiaan Bock as Chief Executive Officer, Rest of World, giving him responsibility for the company’s gold and copper operations and projects outside North America. The appointment takes effect immediately, with Bock reporting directly to Barrick President and Chief Executive Officer Mark Hill. Rest of World portfolio targets more than…
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Ampco-Pittsburgh shares rise 7% as profitability returns and backlog grows
Ampco-Pittsburgh Corporation (NYSE:AP) shares climbed 7.61% in pre-market trading on Tuesday after the company returned to profitability in the second quarter and reported a substantial increase in customer orders and backlog. The company earned $0.07 per share during the quarter, reversing a loss of $0.36 per share in the same period last year. Net sales…
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TSMC and Sony plan $4.69 billion Japan chip venture for next-generation image sensors
TSMC (NYSE:TSM) and Sony Group (NYSE:SONY) are joining forces on a $4.69 billion semiconductor venture in Japan focused on developing and manufacturing next-generation image sensors, with mass production targeted for 2029. The companies announced the agreement on Tuesday, outlining plans for a new manufacturing operation in Kumamoto, southern Japan, where TSMC already operates its Japan…
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YPF shares gain 4% after Q2 earnings and revenue beat expectations
YPF Sociedad Anónima (NYSE:YPF) shares rose 4.12% in pre-market trading on Tuesday after the Argentine energy company delivered second-quarter earnings and revenue above analyst expectations, supported by higher shale production, record refinery processing and stronger international oil prices. Adjusted earnings per share reached $3.07, exceeding the analyst estimate of $2.10 by $0.97. Revenue came in…
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AST SpaceMobile Stock Falls After Q2 Revenue Miss and Wider-Than-Expected Loss
AST SpaceMobile (NASDAQ:ASTS) shares fell 2.8% to $66.82 in pre-market trading after the satellite communications company reported second-quarter 2026 results that missed Wall Street expectations on both revenue and adjusted earnings. The decline extended losses that began after the results were released on the evening of August 10, putting renewed attention on execution and profitability…
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Tesla Recalls More Than 20,000 U.S. Vehicles Over Excessively Bright Headlights
Tesla (NASDAQ:TSLA) is recalling 20,349 vehicles in the United States because their low-beam headlights may be excessively bright, creating a potential safety risk for other road users. The U.S. National Highway Traffic Safety Administration said on Tuesday that overly bright headlights could reduce visibility for oncoming drivers and increase the risk of a crash. Model…
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Alcon Raises 2026 Profit Guidance as Expected U.S. Refund Reduces Tariff Impact
Alcon (NYSE:ALC) raised its full-year profitability outlook late Monday and significantly reduced its estimate for tariff-related costs after factoring in an anticipated refund of approximately $60 million from the U.S. government. The Swiss-American eye care company now expects tariffs to have an annual impact of between $40 million and $90 million, down from its previous…