Ferroglobe reported a net profit of $60.4 million in Q2 2026, reversing a loss from the previous quarter, driven by higher silicon metal shipments and a $59.9 million gain from energy contracts. Sales rose 8.9% sequentially to $378.6 million, supported by increased volumes in EMEA and the U.S. Adjusted EBITDA improved to $13.1 million, reflecting better operating performance despite pricing pressures. The company reduced net debt to $37.7 million and declared a quarterly dividend, positioning itself to benefit from growing demand for critical materials in Western supply chains.
Rothschild & Co Redburn raised Microsoft's price target from $400 to $440 following strong fiscal 2026 results, with revenue up 18% to $331.8 billion and net income rising 31% to $133.7 billion, driven by cloud and AI demand. Despite the target hike,...
Accenture's stock fell 4.73% to $181.29 after Guggenheim reiterated a Neutral rating, citing that the stock price has outpaced the company's actual business performance. Analysts point to weak customer demand, fewer job postings, and a cautious mid-m...
Thryv Holdings is selling its traditional print directory business for $142 million to focus on business automation software for small and medium businesses. CEO Walsh Joe bought 25,000 shares at $1.80 each, increasing his stake to 788,099 shares, si...
Tempus AI's stock surged 29% in one week, driven by positive analyst commentary and new revenue prospects from reimbursement changes. Goldman Sachs initiated coverage with a Neutral rating and a $75 price target, while technical indicators like a tri...
Seagate Technology's stock is predicted to hit $900 per share on October 27, 2026, coinciding with its fiscal Q1 2027 earnings release. The company has guided revenue around $4.10 billion and non-GAAP EPS near $7.30, following four consecutive quarte...
