ADVFN US – Market Content Editor

Cipher Digital Inc. (NASDAQ:CIFR) shares declined 12% on Tuesday after the company announced plans to raise $850 million through a private offering of zero-interest convertible senior notes due in 2032, alongside a proposed exchange of existing debt for common stock. The financing is intended to support development of the company’s Barber Lake project, expansion of…

Raytheon, a subsidiary of RTX Corporation (NYSE:RTX), has secured contracts worth $729 million to supply counter-drone defence systems to the US Army, Qatar and Jordan, marking the first international sales of two of its key technologies. The agreements cover components of the Low, Slow, Small Unmanned Aircraft Integrated Defeat System (LIDS), which is designed to…

Wells Fargo & Co. (NYSE:WFC) reported third-quarter 2026 earnings above Wall Street expectations on Tuesday, supported by higher lending volumes, increased deposits and improved operating efficiency, although revenue fell short of analyst forecasts. The US banking group posted net income of $6.0 billion, equivalent to $1.87 per diluted share, exceeding the consensus earnings estimate of…

Johnson & Johnson (NYSE:JNJ) reported third-quarter 2026 earnings and revenue above Wall Street expectations on Tuesday, supported by growth in its Innovative Medicine business and continued expansion across its medical technology operations. The US healthcare company posted adjusted earnings per share of $2.59, exceeding the analyst consensus of $2.53 by $0.06. Revenue increased 5.9% year…

BioNTech (NASDAQ:BNTX) shares declined 5% on Tuesday after the biotechnology company reported that its investigational mRNA cancer therapy, BNT113, failed to meet an initial primary endpoint in a clinical trial involving patients with advanced human papillomavirus (HPV)-associated head and neck cancer. The study evaluated BNT113 in combination with pembrolizumab, an established immunotherapy treatment, to determine…

Albertsons Companies, Inc. (NYSE:ACI) reported second-quarter fiscal 2026 adjusted earnings above analyst expectations, although declining comparable sales and weaker profitability prompted the US grocery retailer to withdraw its full-year financial outlook. The company posted adjusted earnings per share of $0.36, exceeding the consensus estimate of $0.33 by $0.03. Revenue totalled $18.89 billion, matching market forecasts…