Category: Include on Menu
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Barrick Mining appoints Sebastiaan Bock to lead Rest of World operations
Barrick Mining Corporation (NYSE:B) has appointed Sebastiaan Bock as Chief Executive Officer, Rest of World, giving him responsibility for the company’s gold and copper operations and projects outside North America. The appointment takes effect immediately, with Bock reporting directly to Barrick President and Chief Executive Officer Mark Hill. Rest of World portfolio targets more than…
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Ampco-Pittsburgh shares rise 7% as profitability returns and backlog grows
Ampco-Pittsburgh Corporation (NYSE:AP) shares climbed 7.61% in pre-market trading on Tuesday after the company returned to profitability in the second quarter and reported a substantial increase in customer orders and backlog. The company earned $0.07 per share during the quarter, reversing a loss of $0.36 per share in the same period last year. Net sales…
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TSMC and Sony plan $4.69 billion Japan chip venture for next-generation image sensors
TSMC (NYSE:TSM) and Sony Group (NYSE:SONY) are joining forces on a $4.69 billion semiconductor venture in Japan focused on developing and manufacturing next-generation image sensors, with mass production targeted for 2029. The companies announced the agreement on Tuesday, outlining plans for a new manufacturing operation in Kumamoto, southern Japan, where TSMC already operates its Japan…
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YPF shares gain 4% after Q2 earnings and revenue beat expectations
YPF Sociedad Anónima (NYSE:YPF) shares rose 4.12% in pre-market trading on Tuesday after the Argentine energy company delivered second-quarter earnings and revenue above analyst expectations, supported by higher shale production, record refinery processing and stronger international oil prices. Adjusted earnings per share reached $3.07, exceeding the analyst estimate of $2.10 by $0.97. Revenue came in…
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AST SpaceMobile Stock Falls After Q2 Revenue Miss and Wider-Than-Expected Loss
AST SpaceMobile (NASDAQ:ASTS) shares fell 2.8% to $66.82 in pre-market trading after the satellite communications company reported second-quarter 2026 results that missed Wall Street expectations on both revenue and adjusted earnings. The decline extended losses that began after the results were released on the evening of August 10, putting renewed attention on execution and profitability…
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Tesla Recalls More Than 20,000 U.S. Vehicles Over Excessively Bright Headlights
Tesla (NASDAQ:TSLA) is recalling 20,349 vehicles in the United States because their low-beam headlights may be excessively bright, creating a potential safety risk for other road users. The U.S. National Highway Traffic Safety Administration said on Tuesday that overly bright headlights could reduce visibility for oncoming drivers and increase the risk of a crash. Model…
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Alcon Raises 2026 Profit Guidance as Expected U.S. Refund Reduces Tariff Impact
Alcon (NYSE:ALC) raised its full-year profitability outlook late Monday and significantly reduced its estimate for tariff-related costs after factoring in an anticipated refund of approximately $60 million from the U.S. government. The Swiss-American eye care company now expects tariffs to have an annual impact of between $40 million and $90 million, down from its previous…
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Babcock & Wilcox Shares Surge 40.5% After Q2 Results Beat Expectations and Guidance Rises
Babcock & Wilcox (NYSE:BW) shares surged 40.5% to $12.48 in pre-market trading after the power generation equipment company delivered second-quarter 2026 results well ahead of analyst forecasts and raised its full-year outlook. Adjusted earnings per share reached $0.07, more than double the $0.03 consensus estimate. Revenue came in at $319.7 million, compared with expectations of…
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Nvidia Targets Over $500 Billion for AI Infrastructure Financing with Global Financial Giants
Nvidia (NASDAQ:NVDA) has unveiled a strategic partnership with six major financial groups aimed at mobilising more than $500 billion in third-party capital to finance the continued expansion of artificial intelligence infrastructure. The initiative brings Nvidia together with Apollo (NYSE:APO), BlackRock (NYSE:BLK), Blackstone (NYSE:BX), Brookfield (NYSE:BAM), Goldman Sachs (NYSE:GS) and KKR (NYSE:KKR) to establish independent computing…
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Intel Raises $20 Billion in Upsized Share Sale to Support Chip Manufacturing Expansion
Intel (NASDAQ:INTC) raised $20 billion through an expanded share offering on Tuesday, taking advantage of the sharp rally in its stock to secure additional funding for its capital-intensive push into contract chip manufacturing. The chipmaker priced the offering at $95 per share, representing a 2.6% discount to its previous closing price. Intel had initially announced…