News Powered By AI
News Powered By AI
Daqo reported improved financial metrics in the second quarter despite continuing losses in its polysilicon business, while investing in AI data center power infrastructure with a strong $1.92 billion liquidity position.
Enbridge has secured a C$2.7 billion financing deal with KKR and Apollo for expansions of its Westcoast natural gas pipeline system in British Columbia, with the investors receiving a 29% indirect interest.
CrowdStrike and Okta shares surged following earnings reports showing that AI adoption is driving increased cybersecurity spending, with CrowdStrike gaining 20% and Okta rising nearly 29%.
Walmart stock declined 9% Thursday despite beating quarterly sales estimates and raising its annual outlook, as Wall Street disappointed with comparable sales growth of 2.6% and third-quarter guidance.
Dick’s Sporting Goods closed 113 stores during fiscal 2026 and lowered its earnings guidance after acquiring Foot Locker, causing shares to plunge over 30% in a record single-day decline.
Ooma reported fiscal Q2 2027 revenue of $83.2 million, up 25% year-over-year, with non-GAAP earnings of $0.35 per share and record adjusted EBITDA of $12.4 million, driven by AirDial growth and new AI products.
