Hyliion Holdings Corp. reported better-than-expected second-quarter results and raised its full-year revenue guidance. The company also projected lower near-term cash usage than previously expected. However, it anticipates a significant increase in cash burn next year as it plans to resume additive printer purchases to scale up KARNO production. Due to these factors, the analyst expects Hyliion to start sales under its $100 million ATM offering soon, while maintaining a Sell rating because of ATM overhang, competitive pressures, and doubts about the commercial viability of the KARNO solution.
Yvonne Wassenaar, a director at Rubrik, sold 721 shares at a price of $75 each just before the company's stock experienced a significant rally. This sale occurred ahead of the stock's upward movement, which may be of interest to investors tracking in...
Apple has submitted a new proposal for commissions on purchases made through external links in iOS apps, suggesting a 15% fee for standard apps and reduced rates for small developers and special programs. Small businesses would pay 5%, while particip...
Domino's Pizza reported mixed Q2 results, with international store growth balancing out weaker US consumer demand and a miss on earnings per share. Free cash flow dropped 5.5% due to increased capital expenditures. Management expects operating income...
The Strategy Shares Gold Enhanced Yield ETF (GOLY) aimed to provide gold exposure with monthly income by leveraging bonds and gold swaps. However, in 2026, rising financing costs and leverage caused GOLY to lose over 20% year-to-date, while gold itse...
Hyperscale Data sold about 685 Bitcoin for approximately $43 million to finance the ongoing development of its Michigan data center and improve its capital structure. The company retains around 275 BTC and plans to continue Bitcoin mining, aiming to ...
