Category: Latest News
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Chevron confirms oil discovery at Bandit prospect in Gulf of America
Chevron Corporation (NYSE:CVX) said it has confirmed an oil discovery at the Bandit prospect in the Gulf of America, according to a company statement. The exploration well is located in Green Canyon Block 680, roughly 125 miles south of the Louisiana coastline. The well encountered oil-bearing Miocene sand formations. Occidental Petroleum operates the project with…
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Polestar posts record Q1 retail sales of 13,126 vehicles, up 7% year-over-year
Polestar (NASDAQ:PSNY) reported first-quarter 2026 retail sales of 13,126 vehicles, representing a 7% increase compared with the same period in 2025, the company said in a statement. The Swedish electric vehicle maker said the result marked its strongest first-quarter retail sales performance to date. In the first quarter of 2025, Polestar delivered 12,263 vehicles. During…
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PMGC Holdings shares jump after subsidiary secures new defense supply contract
PMGC Holdings (NASDAQ:ELAB) shares climbed 14% on Wednesday after its subsidiary AGA Precision Systems announced a new long-term supply agreement with a Tier 1 aerospace and defense customer. The contract represents AGA’s second long-term deal with an aerospace and defense partner in 2026, following a similar agreement signed with Turbo-Jet Products Co. on March 31.…
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Infleqtion delivers upgraded quantum hardware to the International Space Station
Infleqtion Inc. (NYSE:INFQ) is sending enhanced quantum hardware to the International Space Station as part of NASA’s Northrop Grumman-24 cargo mission. The company developed the upgraded physics package for the Cold Atom Laboratory in partnership with NASA’s Jet Propulsion Laboratory. According to the company, the improved system is intended to achieve record numbers of atoms…
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Centuri wins $345 million in new utility infrastructure contracts
Centuri Holdings Inc. (NYSE:CTRI) said it has secured more than $345 million in new commercial contract awards for utility and energy infrastructure services across the United States. The newly awarded work includes projects involving both natural gas and electric infrastructure. According to the company, around 70% of the total contract value comes from new projects…
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Oracle unveils AI-driven HR applications with automated decision capabilities
Oracle Corp. (NYSE:ORCL) announced a new set of artificial intelligence-powered enterprise tools called Fusion Agentic Applications for HR, designed to automate human resources functions using coordinated AI agents. The launch was revealed during the Oracle AI World Tour event in New York. The applications are embedded within Oracle Fusion Cloud Applications and are designed to…
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NANO Nuclear secures DOE GAIN voucher for KRONOS reactor project
NANO Nuclear Energy Inc. (NASDAQ:NNE) announced it has received a Gateway for Accelerated Innovations in Nuclear (GAIN) Voucher from the U.S. Department of Energy to support development of its KRONOS MMR™ Energy System. The award, identified as voucher NE-26-38854, will fund a collaboration with Oak Ridge National Laboratory (ORNL) aimed at creating an uncertainty quantification…
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Byrna Technologies shares drop about 5% after Q1 earnings and revenue fall short
Byrna Technologies Inc. (NASDAQ:BYRN) reported fiscal first-quarter 2026 results on Thursday that came in below Wall Street expectations, with both profit and revenue missing analyst forecasts. The company’s shares fell 4.78% in premarket trading following the release. The personal defense technology company posted adjusted earnings per share of $0.03, falling short of the $0.09 analysts…
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Simply Good Foods shares slide 12% after revenue miss and lowered outlook
The Simply Good Foods Company (NASDAQ:SMPL) reported second-quarter results on Thursday that included adjusted earnings per share of $0.45, exceeding analyst expectations of $0.41. However, revenue fell short of forecasts and the company cut its full-year guidance amid ongoing brand performance challenges. Shares dropped 12.21% in premarket trading following the announcement. Revenue for the quarter…
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CoreWeave shares jump 8% after $21B AI infrastructure deal with Meta
CoreWeave (NASDAQ:CRWV) shares climbed about 8% on Thursday after the company revealed a $21 billion expanded agreement with Meta Platforms (NASDAQ:META) to supply AI cloud capacity through December 2032. The multi-year arrangement builds on the companies’ existing partnership and is intended to support Meta’s efforts to develop and scale its artificial intelligence infrastructure. The agreement…