ADTRAN Holdings reported preliminary Q2 2026 revenue between $280 million and $282 million, below its prior guidance of $283 million to $303 million, causing a 15% drop in its stock price. The company cited a delay in a key customer project as the reason for the miss, with a non-GAAP operating margin also falling short of expectations at 3.5% to 4.0%. Following these results, law firm Levi & Korsinsky launched an investigation into whether ADTRAN properly disclosed risks related to the project delay. Investors await the official Q2 earnings report expected on August 3, 2026, to assess the company's financial health and outlook amid competitive pressures in the telecom equipment sector.
Pred, a peer-to-peer sports prediction exchange, has added major football leagues such as La Liga, Champions League, Europa League, and MLS to its platform alongside existing markets like the English Premier League, Formula 1, and Tennis. This expans...
State Street Global Advisors and its affiliates have increased their holdings in DCC plc to 1,100,095 ordinary shares, representing 1.2878% of the company as of July 31, 2026. The transactions included multiple purchases and a sale of shares at a pri...
The global angle seat valve market is projected to grow from $0.38 billion in 2026 to $0.53 billion by 2032, at a CAGR of 5.9%. Growth is fueled by rising industrial automation in sectors like food & beverages, pharmaceuticals, chemicals, and water t...
Hennessey Special Vehicles has revealed the Blackbird, a new naturally aspirated, manual-transmission hypercar inspired by the Lockheed SR-71 Blackbird aircraft. The car features an all-new 6.2-liter V8 engine producing 800-850 hp, a six-speed gated ...
Greg Abel, Warren Buffett's successor as CEO of Berkshire Hathaway, began his leadership by significantly reducing the company's investment in Chevron. At the same time, he introduced a virtual monopoly company into Berkshire's top five holdings, sig...
