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Micron’s Trillion-Dollar Leap Lifts Chips, but Dow Stumbles as Blue Chips Lag
U.S. stocks returned from the Memorial Day holiday to a sharply divided session on Tuesday. The S&P 500 and Nasdaq Composite both closed at fresh all-time highs, powered by a massive rally in semiconductor stocks, while the Dow Jones Industrial Average slipped as old-line blue chips failed to keep pace. Falling oil prices and a…
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Critical Minerals: The New Global Resource War
Critical mineral demand is predicted to grow 500% by 2050, turning a market already worth hundreds of billions into a multi-trillion-dollar industry — the supply crunch is speculated to create a massive investment opportunity of the next industrial era. Episode Two of the Innovation Report takes viewers deep inside the growing battle for critical minerals…
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CSW Industrials tops forecasts as investors weigh outlook and margin pressures (CSW)
CSW Industrials (NYSE:CSW) reported fourth-quarter results on Tuesday that exceeded Wall Street expectations, although shares slipped 1.85% in premarket trading as investors evaluated the company’s outlook and mixed segment trends. Earnings and revenue come in above expectations For the quarter ended March 31, 2026, CSW Industrials posted adjusted earnings per share of $3.14, comfortably ahead…
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Aurora Mobile shares rise after returning to profitability and growing revenue (JG)
Aurora Mobile (NASDAQ:JG) reported first-quarter fiscal 2026 results on Tuesday that showed renewed profitability alongside continued revenue growth. The company’s shares gained 4.27% in premarket trading following the earnings release. Revenue increases as company returns to profit For the quarter ended March 31, 2026, Aurora Mobile posted adjusted earnings per share of $0.00, improving from…
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AutoZone shares decline after revenue misses forecasts despite profit beat (AZO)
Shares of AutoZone (NYSE:AZO) fell 3.95% in premarket trading after the company reported third-quarter results that exceeded earnings expectations but came in slightly below revenue forecasts. Earnings top expectations while revenue falls short For the quarter ended May 9, 2026, AutoZone posted adjusted earnings per share of $38.07, beating analyst expectations of $36.22 by $1.85.…
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Champion Homes tops quarterly estimates as investors weigh outlook concerns (SKY)
Champion Homes (NYSE:SKY) reported fiscal fourth-quarter 2026 results on Tuesday that came in ahead of Wall Street expectations, although the stock edged 0.62% lower in premarket trading as investors assessed the company’s outlook amid ongoing pressure in the housing market. Earnings and revenue exceed analyst forecasts For the quarter ended March 28, 2026, Champion Homes…
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D-Wave secures second-year funding for superconducting quantum computing project (QBTS)
D-Wave Quantum (NASDAQ:QBTS) announced that it has received second-year funding for its Improved Materials for Superconducting Qubits with Scalable Fabrication initiative from the Northeast Regional Defense Technology Hub. Funding awarded through Quantum Circuits subsidiary The funding was granted to D-Wave subsidiary Quantum Circuits LLC as part of four programs collectively awarded more than $25 million…
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Modine shares surge after securing $4 billion data centre cooling agreement (MOD)
Shares of Modine (NYSE:MOD) jumped 14% on Tuesday after the company announced a $4 billion Long-Term Capacity Agreement tied to its Airedale by Modine data centre cooling solutions. Agreement guarantees large-scale cooling supply through 2029 Under the deal, Modine will reserve manufacturing capacity to provide more than $4 billion worth of Airedale cooling products to…
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Raytheon awarded DARPA contract to advance adaptable rocket motor technology (RTX)
Raytheon, a business unit of RTX (NYSE:RTX), has secured a phase two contract from the Defense Advanced Research Projects Agency (DARPA) to continue development of composable solid rocket motor technology under the Burn n’ Go program. New propulsion system designed for flexible mission requirements The project is focused on developing rocket motors capable of dynamically…
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DePuy Synthes secures exclusive NOVOSIS bone graft distribution partnership (JNJ)
DePuy Synthes, a subsidiary of Johnson & Johnson (NYSE:JNJ), announced an exclusive distribution agreement with CGBIO for the bone graft substitute NOVOSIS across the United States, Canada and Australia. NOVOSIS designed for multiple orthopaedic applications NOVOSIS is a growth factor-based bone graft substitute intended for use in a range of orthopaedic procedures, including spinal surgery,…