ADVFN US – Market Content Editor
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Phillips 66 unveils new gas processing and fractionation projects in Texas (PSX)
Phillips 66 (NYSE:PSX) announced plans to develop two new midstream infrastructure projects, including the Zeus Gas Plant and a third Coastal Bend Fractionator, with both facilities expected to begin operations in 2028. New Permian gas plant to expand processing capacity The Zeus project will consist of a natural gas processing facility capable of handling 300…
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Ford Energy lands five-year battery storage supply agreement with EDF (F)
Ford Energy, a subsidiary of Ford Motor Company (NYSE:F), has entered into a five-year framework agreement with EDF power solutions North America to provide up to 20 gigawatt hours of battery energy storage systems. Agreement supports large-scale U.S. energy storage projects Under the terms of the agreement, EDF power solutions will have the option to…
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Galaxy Digital secures New York BitLicense to expand institutional crypto services (GLXY)
Galaxy Digital Inc. (NASDAQ:GLXY) said the New York State Department of Financial Services has approved both a BitLicense and a Money Transmission License for its subsidiary GalaxyOne Prime NY, allowing the company to broaden its regulated digital asset operations within New York State. Approval expands regulated services in New York The newly granted licenses enable…
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Glenfarne and ConocoPhillips reach long-term gas supply deal for Alaska LNG project (COP)
Glenfarne Alaska LNG LLC and ConocoPhillips (NYSE:COP) Alaska have entered into a 30-year gas sales precedent agreement covering natural gas supply from Alaska’s North Slope for the first phase of the Alaska LNG development. Agreement supports Phase One investment plans According to the companies, the agreement secures enough gas volumes to support a final investment…
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Sohu.com reports first-quarter loss as gaming revenue supports sales growth (SOHU)
Sohu.com Limited (NASDAQ:SOHU) reported a first-quarter adjusted net loss on Monday, although total revenue increased year-over-year thanks to continued strength in its online gaming business. Revenue rises while company remains loss-making The Chinese online media and gaming group posted total revenue of $141 million for the first quarter, representing a 4% increase from $136 million…
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Compugen surges after revenue tops forecasts despite quarterly loss miss (CGEN)
Compugen Ltd. (NASDAQ:CGEN) shares jumped more than 18% in premarket trading on Monday after the biotechnology company reported first-quarter revenue ahead of analyst expectations, despite posting a slightly wider-than-expected quarterly loss. Revenue beats expectations while earnings fall short The clinical-stage cancer immunotherapy company reported a quarterly loss of $0.08 per share for the period ended…
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Brady Corporation jumps after earnings beat and higher full-year outlook (BRC)
Brady Corporation (NYSE:BRC) shares gained nearly 6% in premarket trading on Monday after the company reported third-quarter earnings and revenue that exceeded Wall Street expectations and lifted its full-year adjusted earnings guidance. Quarterly earnings and revenue top forecasts The identification solutions provider posted adjusted earnings of $1.50 per share for the third quarter, ahead of…
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Onfolio shares slide after quarterly revenue drops despite efficiency push (ONFO)
Onfolio Holdings Inc. (NASDAQ:ONFO) shares declined more than 6% in premarket trading on Monday after the company reported a sharp year-over-year fall in first-quarter revenue, even as management emphasized progress in reducing costs and improving operational efficiency. Revenue declines as company prioritizes margins For the quarter ended March 31, 2026, Onfolio reported revenue of $1.87…
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Five key themes investors will be watching in markets this week
Global bond market volatility, tensions involving Iran and a packed earnings calendar are set to dominate investor attention in the coming days. Results from AI chip leader NVIDIA (NASDAQ:NVDA) will headline the corporate agenda, alongside earnings from major retailers including Walmart (NYSE:WMT) and Target (NYSE:TGT). Markets are also monitoring reports that SpaceX could release documentation…
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Brand Engagement Network jumps after reporting stronger balance sheet progress (BNAI)
Brand Engagement Network Inc. (NASDAQ:BNAI) shares climbed more than 12% in premarket trading on Monday after the company released first-quarter results highlighting improved liquidity, financing activity and expanding commercialization efforts. Company reports quarterly loss while strengthening financial position The company posted a first-quarter loss of -$0.51 per share for the period ended March 31, 2026.…