The company posted $9.8 million net income in Q2 2026, driven by a 26% year-over-year increase in sales volumes and higher realized prices. Alvopetro Energy Ltd reported a 37% year-over-year increase in revenue to $19.2 million for Q2 2026, supported by higher sales volume
Etsy announced Wednesday that it will eliminate around 220 positions — about 12% of its total headcount — as CEO Kruti Patel Goyal reorganizes the business to accelerate growth. Most of the cuts will fall on the product and engineering teams Patel Goyal, who took ov
This story was To receive daily news and insights, subscribe to our free daily FS Insider. While restaurants are rarely the source of recalls, they can be involved in recall incidents and must be well prepared to manage them We are seeing this right now in the way T
Quick Read - DTE trades at $141.72 with a BUY rating and $163.72 price target, anchored by Oracle and Google hyperscale contracts totaling 2.4 GW. - CMS and Xcel both trade at 19x forward earnings with comparable data center pipelines, confirming DTE's $163.72 target isn't...
Hertz (NASDAQ:HTZ) reported a smaller adjusted loss for the second quarter on Thursday, as higher rental pricing and solid commercial performance helped boost revenue despite ongoing vehicle recalls and a slightly smaller fleet. The company said its turnaround strategy con
Celsius Holdings shares dropped as much as 18% before the opening bell on Thursday after the company reported second-quarter revenue below what analysts had expected and revealed a decline in sales for its namesake Celsius brand. For the quarter ending June 30, Celsius Hol
Fox Corporation (NASDAQ:FOX) reported stronger-than-expected fourth-quarter results on Thursday, with advertising revenue from the FIFA Men's World Cup helping the media company comfortably exceed Wall Street forecasts for both earnings and revenue. Shares rose around 4% i
In the rush to the exits on Sandisk (SNDK) after a slight current quarter guidance miss on Wednesday night, investors may be overlooking a blunt reality. This company is executing well as it partakes in the AI boom driving demand for its memory chips. +175% This is how muc
Diageo press release (DEO): FY Basic EPS was 78.1 cents, down 26.3% Y/Y. ⢠Net sales were $19.64B, down 3.0% Y/Y (organic net sales declined 2.0%). ⢠Operating profit was $3.16B, down 27.2% Y/Y. ⢠Adjusted operating profit before To ensure this doesnât happen in the future,...
It's certainly not what LL Cool J had in mind when he wrote the lyrics to Mama Said Knock You Out, but the opening lines, "Don't call it a comeback, I been here for years," certainly ring true with nuclear energy. After years of unpopularity, nuclear energy has seen a surg
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