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Freightos shares surge 14% as Q2 loss beats expectations
Freightos Limited (NASDAQ:CRGO) shares jumped 14.07% in pre-market trading on Monday after the freight pricing and booking platform reported a smaller-than-expected second-quarter loss alongside record revenue. For the quarter ended June 30, 2026, Freightos posted a loss of $0.03 per share, outperforming the analyst consensus for a loss of $0.06 per share. Revenue increased 3%…
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Barrick Mining shares fall despite Q2 revenue beat and strong gold production
Barrick Mining Corporation (NYSE: B) shares fell in Monday trading after the gold producer reported second-quarter results that included revenue above expectations, earnings in line with forecasts and production that exceeded its guidance range. The stock was down around 6.4% following the report. Adjusted earnings came in at $0.82 per share, matching the analyst consensus,…
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L3Harris shares fall as CEO Christopher Kubasik exits following conduct review
L3Harris Technologies (NYSE:LHX) shares dropped around 2.7% in premarket trading on Monday after the defence contractor announced that Chairman and Chief Executive Officer Christopher Kubasik had left the company with immediate effect following a review of his conduct. The board appointed Sam Mehta as president and chief executive officer, effective immediately, while lead independent director…
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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…