ADVFN US – Market Content Editor
-
KIDZ AI secures $44.6 million AI compute agreement with Canopy Wave (KIDZW)
Five-year GPU infrastructure contract expands AI platform strategy KIDZ AI Inc. (NASDAQ:KIDZW) has signed a definitive 60-month enterprise AI compute services agreement with Canopy Wave, Inc. valued at approximately $44.6 million, marking another step in the company’s expansion into artificial intelligence infrastructure. The agreement, announced on July 21, 2026, will be executed through KIDZ AI’s…
-
Mobileye shares climb after expanding Stellantis partnership for next-generation driver assistance (MBLY)
Cloud-based ADAS agreement boosts investor sentiment Mobileye Global Inc. (NASDAQ:MBLY) shares gained 5% on Tuesday after the company announced that its Cloud-Enhanced Advanced Driver Assist technology will be deployed in selected future Stellantis (NYSE:STLA) vehicles beginning in 2027. The collaboration will incorporate Mobileye’s REM Road Experience Management platform into certain Stellantis models, bringing enhanced cloud-powered…
-
Valmont Industries raises full-year outlook after second-quarter earnings beat (VMI)
Infrastructure business drives stronger-than-expected results Valmont Industries (NYSE:VMI) reported better-than-expected second-quarter results on Tuesday, beating Wall Street forecasts for both earnings and revenue as strong demand across its infrastructure operations supported growth. Shares edged 0.76% higher in pre-market trading following the announcement. Adjusted earnings came in at $6.14 per share, exceeding the analyst consensus estimate…
-
Agios shares tumble after discontinuing sickle cell disease programme following Phase 2 trial (AGIO)
Stock drops after development setback Agios Pharmaceuticals, Inc. (NASDAQ:AGIO) shares fell 14% on Tuesday after the company announced it will discontinue development of tebapivat for sickle cell disease following results from a Phase 2 clinical trial. The biotechnology company concluded that the study did not produce sufficiently differentiated results to justify advancing the programme. Phase…
-
Marsh & McLennan tops second-quarter forecasts as demand drives revenue growth (MRSH)
Earnings beat expectations as shares edge higher Marsh & McLennan Companies (NYSE:MRSH) reported stronger-than-expected second-quarter results on Tuesday, exceeding Wall Street forecasts for both earnings and revenue as demand remained healthy across its core businesses. Shares rose 1.04% in pre-market trading following the announcement. Adjusted earnings came in at $2.96 per share, ahead of the…
-
Genuine Parts beats second-quarter expectations and maintains full-year outlook (GPC)
Shares rise after earnings and revenue top forecasts Genuine Parts Company (NYSE:GPC) reported stronger-than-expected second-quarter results on Tuesday, exceeding Wall Street estimates for both earnings and revenue while reaffirming its full-year guidance. Investors responded positively to the results, sending shares of the automotive and industrial parts distributor up 3.34% in pre-market trading. Adjusted earnings came…
-
Halliburton tops second-quarter forecasts but shares fall after results (HAL)
Earnings beat fails to lift the stock Halliburton Company (NYSE:HAL) reported second-quarter results ahead of market expectations on Tuesday, delivering better-than-forecast earnings and revenue despite a negative share price reaction in pre-market trading. Adjusted earnings came in at $0.55 per share, slightly above the analyst consensus of $0.54. Revenue reached $5.7 billion, exceeding expectations of…
-
Kratos shares climb after securing $156 million U.S. nuclear security contract (KTOS)
Defense company wins major counter-drone programme Kratos Defense & Security Solutions (NASDAQ:KTOS) shares gained 3% on Tuesday after the company announced it had been awarded an approximately $156 million contract by the U.S. Department of Energy’s National Nuclear Security Administration Office of Secure Transportation. The sole-source Indefinite Delivery/Indefinite Quantity (IDIQ) agreement covers the delivery of…
-
Carlyle shares gain on report of Anthesis ownership discussions with Bridgepoint (CG)
Stock rises following report on potential transaction Shares of Carlyle Group Inc. (NASDAQ:CG) moved higher in pre-market trading on Tuesday after a report indicated the private equity firm is exploring a deal involving its investment in sustainability consultancy Anthesis Group. According to Bloomberg, Carlyle is in discussions to transfer control of Anthesis to Bridgepoint Group…
-
Vicor beats second-quarter expectations as backlog more than doubles despite share price decline (VICR)
Earnings surpass forecasts but shares move lower Vicor Corporation (NASDAQ:VICR) reported second-quarter financial results on Tuesday that came in ahead of Wall Street expectations for both earnings and revenue. Despite the stronger-than-expected performance, the power components manufacturer’s shares declined 6.23% in pre-market trading following the release. Adjusted earnings reached $1.04 per share, comfortably exceeding the…