Elbit Systems posted strong Q2 2026 results with revenues of $2.3 billion and GAAP net income of $173.6 million, reflecting double-digit growth driven by increased sales across multiple defense segments globally. The company’s order backlog hit a record $32 billion, providing long-term visibility and demonstrating robust customer confidence, especially outside Israel. Despite regional conflicts causing some operational challenges, Elbit continues investing in R&D and expanding production capacity, notably advancing high-power laser technology. The company also declared a $1.00 per share dividend and expects continued growth supported by new contracts and global defense demand.
UWM Holdings Corporation (UWMC) has seen its stock drop nearly 70% year-to-date due to pressures including elevated mortgage rates, a $603 million hedge loss linked to a failed deal, and a dividend suspension. Despite a profitable core business in Q2...
US Treasury yields increased on Tuesday amid ongoing Middle East tensions that are pushing up energy prices. The 10-year yield rose to 4.7334%, while the 2-year and 30-year yields also climbed, reflecting concerns about inflation and the Federal Rese...
Arthur Hayes suggests that coordinated actions by Japan and the US to strengthen the yen could increase dollar liquidity globally. This move involves Japan using its large US Treasury holdings through the Fed's FIMA repo facility, potentially raising...
Huya Inc. reported an 11% increase in total net revenues to RMB1.74 billion (US$256.3 million) in Q2 2026, driven by a 54.1% rise in game-related services, advertising, and other revenues. The company narrowed its operating loss to RMB7.0 million (US...
Verici Dx PLC has become an Olink Certified Service Provider, enabling it to offer advanced proteomics assay services from its accredited laboratory. This certification allows the company to support biomarker discovery, algorithm development, and cli...
