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Eos Energy posts record Q2 revenue of $68-69M, with order backlog hitting $807M, doubling production capacity.

Market News
16 Jul 2026
Blockonomi
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Bullish
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Eos Energy reported its strongest quarter ever with Q2 2026 revenue projected between $68 million and $69 million, surpassing its full-year 2025 revenue in just the first half of 2026. The company’s order backlog reached an all-time high of $807 million, a 25% increase from Q1, signaling strong future sales. Additionally, Eos doubled its manufacturing capacity by starting commercial operations of a second battery production line. Despite expected margin pressures due to startup costs, the company is positioned for improved unit economics as production scales. Full financial results will be released on August 5.

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Bicara Therapeutics advances cancer drug trial with strong cash to fund operations through 2029

Bicara Therapeutics advances cancer drug trial with strong cash to fund operations through 2029

Bicara Therapeutics is progressing its Phase 3 trial of ficerafusp alfa for head and neck cancer, expecting interim results by mid-2027 that could support accelerated approval. The company holds nearly $500 million in cash and securities, funding ope...

Market News
Bullish
2 hours ago
Mercury Systems posts strong Q4 revenue and record bookings despite slight EPS miss

Mercury Systems posts strong Q4 revenue and record bookings despite slight EPS miss

Mercury Systems reported a Q4 EPS of $0.37, slightly below analyst estimates of $0.38, but exceeded revenue expectations with $289.78 million, a 6.1% increase year-over-year. The company showed robust demand with record bookings of $660 million and a...

Company Fundamentals
Bullish
2 hours ago
Fintech, leveraged ETFs, and AI stocks plunge amid outlook cuts and sector sell-offs

Fintech, leveraged ETFs, and AI stocks plunge amid outlook cuts and sector sell-offs

Klarna shares dropped 22.81% after cutting its earnings outlook and announcing leadership changes, raising investor concerns. Fabrinet's stock fell 19.38% despite strong quarterly results due to a broader sell-off in AI infrastructure stocks. Leverag...

Market News
Bearish
2 hours ago
ProPhase Labs leads stock surge with 506% gain after reverse stock split announcement.

ProPhase Labs leads stock surge with 506% gain after reverse stock split announcement.

ProPhase Labs' stock soared 506.62% to $27.48 following a 1-for-4 reverse stock split aimed at consolidating shares and boosting price per share. Other notable gainers include Inpixon (+113%), Super League Gaming (+82%) after a major Bitcoin investme...

Company Fundamentals
Bullish
2 hours ago
American Airlines reintroduces seatback entertainment and adds premium seats to attract high-spending travelers.

American Airlines reintroduces seatback entertainment and adds premium seats to attract high-spending travelers.

American Airlines is bringing back seatback entertainment screens and adding premium seats to its narrowbody jets starting in 2028. This move responds to traveler demand, especially from younger passengers, and aims to close the profit gap with compe...

Market News
Bullish
3 hours ago
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