Garrett Motion reported solid Q2 2026 results, showing 6.9% revenue growth and 16% net income growth. The company's double-digit earnings growth, margin expansion, and new contracts in industrial, data center, and e-powertrain markets support a positive long-term outlook. Despite a 73% year-to-date stock return, Garrett Motion trades at a low PEG ratio of 0.83, indicating potential for further gains. Analysts expect any recent profit-taking to be temporary, with upcoming awards and partnerships likely to drive future stock rallies.
The US Congress is pushing to pass the CLARITY Act before the November 3 midterm elections to establish clearer regulatory roles for the SEC and CFTC in cryptocurrency oversight. Republicans want to finalize the bill quickly to claim a policy win and...
Greenfire Resources is acquiring Connacher Oil & Gas to transform from a small oil sands operator into a regional thermal oil platform. The acquisition creates a contiguous asset base, enabling $30 million in annual cost synergies and better infrastr...
Bitcoin is trading around $62,984 and showing bearish signs including a bearish engulfing pattern and a TD Sequential sell signal, especially ahead of August, a month known for pullbacks. Key support levels are between $58K and $60K, with resistance ...
The E.W. Scripps Company has finalized its $15.8 million purchase of WTVQ, the ABC affiliate in Lexington, Kentucky, from Morris Network. This acquisition creates a duopoly with Scripps' existing NBC affiliate, WLEX, strengthening its local media pre...
Chevron reported a record second-quarter profit of $12.1 billion, a 386% increase year-over-year, fueled by higher crude oil prices, a 5% production increase, and synergies from its recent Hess acquisition. The company generated $15.4 billion in free...
