Jersey Mike’s stock falls 6% in public market debut after pricing shares at $23
Jersey Mike’s stock fell 6% on its NYSE debut after pricing shares at $23, raising approximately $1 billion and valuing the company at $7.3 billion.
Rivian reduces 2026 spending plans, narrows earnings guidance
Rivian narrowed its 2026 loss guidance and reduced capital spending plans while reporting improved second-quarter results and reaffirming vehicle delivery targets.
The U.S. Army Just Called China’s Bluff in the Rare Earth War
REalloys secured a U.S. Army contract to build rare earth processing facilities on a military base and closed $130 million in funding, positioning itself to meet a January 2027 defense procurement deadline.
Ionic Digital Reaches $2.75B Valuation After Nasdaq Debut
Ionic Digital, formed from Celsius Network’s bankruptcy restructuring, surged over 25% in its Nasdaq debut, reaching a $2.75 billion valuation as it pivots toward AI infrastructure operations.
Rithm Property Trust Inc. Q2 2026 Earnings Call Summary
Rithm Property Trust transitioned to a commercial real estate platform with a breakeven earnings profile after eliminating legacy assets. Management cancelled a planned equity offering due to market volatility and is exploring capital-raising alternatives.
Itron (ITRI) Soars 26% After Earnings Beat, Raised Growth Outlook
Itron shares surged 26% following better-than-expected earnings and revenue in line with guidance, prompting the company to raise its full-year 2026 outlook.