GlobalFoundries announced its Q2 2026 financial results with revenue of $1.786 billion, exceeding the high end of its guidance. The company reported a gross margin of 28.3% and a net income of $167 million, driven by strong demand in AI data center and optical networking technologies. Key business moves include a $300 million U.S. Department of Commerce award to advance silicon photonics, acquisitions to enhance power delivery and RISC-V IP solutions, and launching Quantum Technology Solutions. The company also paid its first-ever quarterly dividend and expects continued growth in Q3 2026 with revenue guidance around $1.885 billion.
A Vice President at WM sold 1,365 shares valued at $300,000. Insider sales like this can indicate the executive's personal financial decisions but do not necessarily reflect the company's outlook. Investors should watch for any further insider activi...
Hedera's HBAR token has surged nearly 29% from its recent low, reaching about $0.097 and surpassing a long-standing resistance near $0.086. The rally shows stronger buyer interest with increased trading volume and the price now above its 200-day aver...
Uniswap drives more than 99% of stock-token deposits into Robinhood Chain, making it the primary gateway for tokenized equity on the network during its early phase. This dominance reflects Uniswap's deep liquidity pools and structural advantage as a ...
Pfizer has been upgraded to a buy rating due to its attractive low valuation, robust free cash flow, and a high dividend yield of 6.2%. The company reported better-than-expected Q2 results and raised its full-year revenue guidance, supported by progr...
The Florida Chamber of Commerce launched a billboard campaign in Chicago criticizing Illinois Governor JB Pritzker for policies they say are driving businesses and residents out of Illinois to Florida. The campaign highlights billions in taxable inco...
