Diesel prices in the US have surged from $3.53 to $5.45 per gallon in 2026, a 54% increase driven by conflict in the Middle East and refinery disruptions in Russia and Saudi Arabia. This spike impacts many sectors since diesel powers most freight trucks, trains, and heavy equipment, raising costs for transportation, agriculture, and construction. The prolonged high prices could fuel inflation beyond gasoline effects and influence political debates ahead of midterm elections. Farmers and contractors face tighter margins, potentially affecting food prices and project costs into 2027.
Grocery Outlet Holding Corp. reported a 1.1% revenue increase to $1.19 billion in Q2 2026 and an adjusted EPS of $0.20, beating analyst expectations despite a 13% EPS decline. The company is undergoing strategic restructuring, including closing 36 un...
Hesai Group reported Q2 2026 earnings with revenue of $126.9 million, slightly above expectations, driven by strong LiDAR sales. Despite an EPS of $0.01 missing the $0.08 estimate, the company achieved its fifth consecutive GAAP profitable quarter, w...
Amylyx Pharmaceuticals' stock surged 54.43% after its drug avexitide showed positive Phase 3 trial results, cutting hypoglycemic events by 55% in post-bariatric patients. UBS set a $45 price target, implying a 36% upside from current levels. The stoc...
Ondas is expanding its market and technology through acquiring Aran Defense Ltd., enhancing its autonomous and defense systems. The company reported record Q2 revenue of $83.8 million, up 67% from the previous quarter and over 13 times year-over-year...
Guidewire Software (GWRE) is positioned to become a leading AI-enhanced software provider for property and casualty insurance companies, showing 27% year-over-year revenue growth and expanding margins. The company is successfully transitioning custom...
