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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
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VivoPower plans separate listing for 2.2GW non-Nordic AI infrastructure platform
VivoPower PLC (NASDAQ:VIVO) has received board approval to establish a standalone artificial intelligence infrastructure company that will house its non-Nordic data centre portfolio and development pipeline. The proposed entity, referred to as the AI Infrastructure Platform, will contain more than 2.2GW of assets and potential development opportunities across the Gulf Cooperation Council and ASEAN regions,…
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Serve Robotics shares jump as DoorDash and Grubhub partnerships expand
Serve Robotics Inc. (NASDAQ:SERV) shares climbed 7.4% in premarket trading on Monday after the autonomous delivery company announced a broader rollout with DoorDash (NASDAQ:DASH) and a new partnership with Grubhub. The company is extending its DoorDash collaboration into Washington, DC and San Jose, California, adding two new markets to its existing operations in Chicago, Los…
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Wall Street futures flat as investors weigh Anthropic growth against oil and economic risks: Dow Jones, S&P, Nasdaq
Wall Street is heading towards a muted start to the week, with U.S. equity futures indicating little change on Monday as investors balance softer economic data against persistent geopolitical and energy-market risks. Technology could be one area of strength following a Bloomberg report that Anthropic (NASDAQ:ANTP) has told prospective investors its second-quarter revenue increased by…
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Bimergen Energy shares rise after Q2 revenue reaches $7.9 million
Bimergen Energy Corporation (AMEX:BESS) shares gained 3.01% in after-hours trading on Monday after the energy infrastructure developer reported second-quarter revenue of $7.9 million and adjusted earnings of $0.22 per share, supported by transactions involving battery energy storage projects. For the quarter ended June 30, 2026, Bimergen generated net income of $1.6 million and adjusted EBITDA…
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Traws Pharma shares rise after Q2 loss comes in better than expected
Traws Pharma Inc. (NASDAQ:TRAW) shares gained 3.9% in pre-market trading on Monday after the clinical-stage biopharmaceutical company reported a second-quarter loss that was narrower than Wall Street had anticipated. For the quarter ended June 30, 2026, Traws posted an adjusted loss of $0.16 per share, comfortably beating the analyst consensus estimate for a loss of…