Category: Include on Menu
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Palladyne AI Shares Jump on U.S. Air Force Swarming Technology Contract
Shares of Palladyne AI Corp. (NASDAQ:PDYN) rallied 13% on Wednesday after the company announced it had secured a contract from the Air Force Research Laboratory (AFRL) to develop advanced swarming capabilities for multi-domain military operations. The award relates to a program known as Hierarchical Adaptive Networked Game-Theoretic Integration of Multiple Echelons (HANGTIME). Under the contract,…
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Lennox Shares Slide After Q4 Earnings Miss as Market Pressures Bite
Shares of Lennox (NYSE:LII) dropped 8.8% on Wednesday after the heating and cooling specialist reported fourth-quarter results that came in below market expectations, reflecting continued industry challenges and the impact of inventory reductions across its distribution channels. The company posted adjusted earnings of $4.45 per share for the quarter, missing the consensus forecast of $4.77.…
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Brinker Shares Jump After Q2 Beat and Upgraded Full-Year Outlook
Brinker International (NYSE:EAT) shares surged more than 5% in premarket trading on Wednesday after the restaurant group delivered better-than-expected fiscal second-quarter results and lifted its full-year outlook above Wall Street estimates. The owner of Chili’s reported second-quarter earnings per share of $2.87, comfortably ahead of analyst forecasts of $2.57. Revenue rose to $1.45 billion from…
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AT&T Beats Q4 Profit Estimates, Shares Advance
AT&T (NYSE:T) shares edged higher in premarket U.S. trading on Wednesday after the telecoms group reported fourth-quarter results that topped profit expectations and outlined an upbeat outlook for the year ahead. Recent strategic deals have underpinned AT&T’s push to strengthen its network infrastructure, including a $6 billion acquisition of Lumen’s consumer fiber assets and a…
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Textron Meets Q4 Expectations but 2026 Outlook Disappoints
Textron Inc. (NYSE:TXT) reported fourth-quarter 2025 results that broadly matched market expectations, with revenue coming in slightly ahead of forecasts as operations rebounded from a labor strike a year earlier. However, the aerospace and defense group’s outlook for 2026 fell short of analyst estimates, sending shares down 1.8% on Wednesday. The company posted adjusted earnings…
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GE Vernova Shares Climb After Q4 Revenue Beat and Upgraded Forecast
GE Vernova Inc. (NYSE:GEV) shares rose 5.2% after the energy transition group reported fourth-quarter revenue well ahead of expectations and lifted its forward guidance, reflecting the impact of its recently completed Prolec GE acquisition. The company delivered fourth-quarter revenue of $11 billion, beating the analyst consensus of $10.23 billion and marking a 4% increase year…
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Semiconductor Shares Poised to Drive Early Gains on Wall Street: Dow Jones, S&P, Nasdaq, Futures
U.S. equity futures pointed to a firmer open on Wednesday, setting the stage for stocks to build on gains from the previous two sessions, with semiconductor names once again expected to lead the advance. Chip-related stocks were among the strongest performers on Tuesday, and that momentum looked set to continue in early trading. U.S.-listed shares…
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Otis Shares Ease After Q4 Earnings and Revenue Come in Slightly Below Forecasts
Otis Worldwide Corporation (NYSE:OTIS) reported fourth-quarter results on Wednesday that came in just under market expectations, prompting a modest pullback in its share price after revenue missed forecasts. The elevator and escalator maker posted adjusted earnings of $1.03 per share, narrowly below the consensus estimate of $1.04. Quarterly revenue totaled $3.8 billion, short of the…
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Valens Semiconductor to Cut Workforce by 10% in Cost-Saving Push
Valens Semiconductor (NYSE:VLN) said it plans to reduce its global workforce by around 10% as part of a broader drive to improve operating efficiency, a move the Israel-based connectivity specialist expects will deliver roughly $5 million in annual operating expense savings. The headcount reduction will span multiple departments and is scheduled to be completed during…
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New Oriental Shares Advance After Earnings Jump on Accelerating Revenue Growth
Shares of New Oriental Education & Technology Group Inc. (NYSE:EDU) gained 3.4% on Wednesday after the company posted fiscal second-quarter 2026 results that comfortably topped market expectations, underpinned by strong revenue momentum across its education portfolio. The China-based education group reported adjusted earnings of $0.45 per American Depositary Share (ADS) for the quarter ended November…