Category: Latest News
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SelectQuote Shares Slide After Q4 Revenue Miss and Weak Fiscal 2027 Outlook
SelectQuote, Inc. (NYSE:SLQT) shares dropped 14.69% in pre-market trading on Tuesday after the insurance distribution and healthcare services company reported fourth-quarter fiscal 2026 earnings and revenue below Wall Street expectations and issued a cautious outlook for the new financial year. The company recorded an adjusted loss of $0.19 per share, wider than the $0.15 per-share…
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Soluna and Bitdeer Agree 28 MW Bitcoin Co-Mining Deployment in Texas
Soluna Holdings, Inc. (NASDAQ:SLNH) has signed a co-mining agreement with Dory Creek, LLC, a wholly owned subsidiary of Bitdeer Technologies Group (NASDAQ:BTDR), covering the deployment of approximately 28 MW of Bitcoin mining equipment at Soluna’s Project Kati 1 data centre in Willacy County, Texas. Deployment is scheduled to begin in September 2026 and will take…
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Dick’s Sporting Goods Shares Sink After Q2 Miss and Full-Year Guidance Cut
Dick’s Sporting Goods Inc. (NYSE:DKS) shares fell 11.9% in pre-market trading after the retailer reported weaker-than-expected second-quarter results and sharply reduced its fiscal 2026 outlook amid increasingly promotional conditions in the athletic footwear and apparel market. Adjusted earnings per share came in at $3.53, missing the analyst consensus of $3.78 by $0.25. Revenue reached $5.59…
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PMGC Holdings Signs Orbit2Orbit Term Sheet for Microgravity Muscle Research
PMGC Holdings Inc. (NASDAQ:ELAB) has entered into a non-binding term sheet with Australian space technology company Orbit2Orbit Pty Ltd, setting out a potential collaboration spanning space-based biomedical research, aerospace manufacturing and a strategic equity investment. The proposed agreement would bring together PMGC’s biotechnology and aerospace subsidiaries with Orbit2Orbit’s spaceflight capabilities, including a planned study examining…
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Citi Trends Tops Q2 Forecasts but Shares Dip Despite Raised Outlook
Citi Trends, Inc. (NASDAQ:CTRN) delivered better-than-expected second-quarter results on Tuesday, with strong comparable sales growth and improving profitability helping the off-price retailer outperform Wall Street forecasts. Despite the earnings and revenue beats, shares fell 1.82% in pre-market trading as investors weighed the improved full-year outlook against a reduction in the company’s store-opening plans. Citi Trends…
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SCHMID Group Maintains €100M-Plus Revenue Target but Cuts 2026 Margin Outlook
SCHMID Group N.V. (NASDAQ:SHMD) reported a sharp increase in first-half revenue for 2026, but lowered its full-year profitability guidance after weaker-than-anticipated margins and a greater contribution from lower-margin business in China. Revenue reached €46.0 million for the first six months of the year, up substantially from €16.9 million in the corresponding period of 2025. China…
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BMO Financial Beats Third-Quarter Forecasts as Capital Markets Earnings Surge
Bank of Montreal (NYSE:BMO) reported stronger-than-expected third-quarter results on Tuesday, supported by robust growth in its Capital Markets division and improved performances across its Canadian and U.S. banking operations. Adjusted earnings per share reached Cdn$3.96, ahead of analysts’ forecast of Cdn$3.74 and up 22% from Cdn$3.23 in the same quarter last year. Revenue increased 11%…
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Tuniu Shares Edge Lower as Third-Quarter Outlook Points to Modest Growth
Tuniu Corporation (NASDAQ:TOUR) reported higher second-quarter revenue on Tuesday and extended its run of adjusted profitability, although a cautious third-quarter outlook weighed on investor sentiment. Shares slipped 1.01% following the results. Revenue for the quarter reached RMB138.9 million ($20.5 million), representing an increase of 3.0% from RMB134.9 million in the same period last year. Adjusted…
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EHang Withdraws 2026 Guidance After Second-Quarter Revenue Miss
EHang Holdings (NASDAQ:EH) reported mixed second-quarter results on Tuesday, delivering a stronger-than-expected earnings performance but falling short of revenue forecasts as regulatory caution weighed on China’s low-altitude aviation industry. The market reaction was muted, with EHang shares edging just 0.58% higher in pre-market trading following the announcement. Adjusted earnings per share came in at RMB0.38,…
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Scotiabank Tops Third-Quarter Forecasts as Wealth and Capital Markets Deliver Record Results
Bank of Nova Scotia (NYSE:BNS) reported better-than-expected third-quarter results on Tuesday, supported by record performances across several of its main business divisions and stronger profitability compared with the same period last year. Adjusted earnings per share came in at Cdn$2.28, ahead of analysts’ forecast of Cdn$2.08. Revenue increased 11% year-on-year to Cdn$10.54 billion from Cdn$9.49…