Sandisk Corporation reported an exceptional Q3 2026 with revenue rising 252% year-over-year and an adjusted gross margin of 78.4%, surpassing expectations. The growth is driven by a focus on high-value data center SSDs, strong operating leverage, and multi-year customer contracts. Management projects Q4 revenue between $7.75 billion and $8.25 billion, EPS of $30 to $33, and authorized a $6 billion share buyback while maintaining zero debt. Upcoming product launches and long-term supply deals are expected to sustain growth and reduce market cyclicality risks, supporting a strong buy rating with a $1,626 price target.
Taco Bell Canada introduced two new menu items: Crispy Chicken Nuggets with a Jalapeño Honey Mustard sauce, and Mountain Dew Baja Midnight, the first new Mountain Dew Baja Blast flavor in over 20 years. The nuggets feature all-white meat with Mexican...
VERAXA Biotech updated on its progress in developing novel cancer therapies using its proprietary BiTAC platform, focusing on conditionally active T cell engagers and bispecific antibody-drug conjugates. The company plans to prioritize investment in ...
Nexans and Hydro have agreed on a five-year contract for about 85,000 tonnes of low-carbon aluminium wire rod to support Europe's electricity grid modernization. This aluminium, produced using 100% renewable energy in Norway, will help reduce carbon ...
Nexans and Hydro have agreed on a five-year supply contract for about 85,000 tons of low-carbon aluminum wire rod to support the modernization and decarbonization of Europe's electrical grid. The aluminum, produced in Norway using 100% renewable ener...
Scilex Holding Company announced a binding term sheet with Kazakhstan-based iHolding Group LLP for a $100 million investment, purchasing about 6.67 million shares at $15 each. This funding aims to support Scilex's strategic growth in healthcare, prod...
