Quick Read - IBM CEO Arvind Krishna admitted large deals "failed to close" as clients shifted capex to AI hardware, triggering a historic 22% single-day plunge. - MSFT dropped 3% and NOW fell 8% in a multi-stock selling spree, while HSBC slapped IBM stock with a Reduce rating...<
Proceeds will fund a maiden diamond drill program at the Oso Negro project and exploration across six Mexican sites. Zacatecas Silver Corp (ZAC:CA) has launched a non-brokered private placement to raise up to C$2.5M. The funds will primarily support the company’s first dia
Quick Read - Nio's gross margin nearly tripled to 19% year over year as R&D costs fell 41%, with CEO William Li targeting full-year 2026 profitability. - Nio's 3,972-station battery swap network hit a four-year-high 21% other-sales margin, converting a long-criticized capex...</p
Key Points - Evotec cut its 2026 outlook after preliminary Q2 and first-half results showed weaker-than-expected revenue conversion, delayed strategic partnership revenue, and slower new deal timing. The company now sees full-year adjusted EBITDA at a larger loss than prev
Key Points - PrairieSky posted record Q2 production of 27,479 boe/d, with funds from operations up 38% year over year to CAD 133.1 million. Management said stronger oil activity, especially in the Clearwater, Mannville Stack and Duvernay, is supporting growth. - Leasing an
Hyperliquid's HIP-3 markets now account for 50% of daily volume Hyperliquid's builder-deployed perpetual markets are gaining traction, with HIP-3 markets now accounting for roughly 50% of the platform's daily perpetual futures volume. This represents a significant inc
Liberty Energy Inc. (NYSE:LBRT) shares rose around 3% in premarket trading on Tuesday after the company announced a strategic partnership with SLB (NYSE:SLB) to deliver power generation and infrastructure solutions for data centres worldwide. SLB shares also moved higher,
Quick Read - APR bundles the interest rate with lender fees, so two mortgages with identical rates can still carry very different total costs. - PMI protects the lender, not the borrower, and rising taxes or insurance can increase a fixed-rate mortgage's monthly payment. - Extra...</stron
The bank's earnings per share of $3.15 and revenue of $24.77 billion surpassed Wall Street estimates amid market volatility. Citigroup reported a 45% increase in second-quarter profit, driven by higher trading activity and a rebound in investment banking. Earnings reached
Bank of America’s net income rose 27% year-over-year to $9.1 billion, driven by strong investment banking and trading growth. Bank of America reported second-quarter adjusted earnings of $1.21 per share, surpassing the $1.12 estimate. Revenue climbed 15% to $31.6 billion,
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