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Lennox faces investor lawsuit after missing revenue targets and cutting forecasts in Q2 2026

Market News
24 Aug 2026
PRNewsWire
View Source
Bearish
pluang ai news

Lennox International reported weaker-than-expected Q2 2026 results and lowered its full-year forecast, citing softness in the residential market. Following this, its shares dropped nearly 21% in one day. Shareholders who suffered losses are being invited to join a securities class action lawsuit alleging the company made false or misleading statements or failed to disclose important information. The investigation is led by Schall, Brown & Schwartz LLP, a firm specializing in shareholder rights litigation.

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Bitcoin nears $77K as markets eye U.S. inflation, Nvidia earnings, and Fed policy at Jackson Hole.

Bitcoin nears $77K as markets eye U.S. inflation, Nvidia earnings, and Fed policy at Jackson Hole.

Bitcoin started the week near $77,000 after a 23% gain, driven by strong demand and regulatory optimism. Key upcoming events include U.S. inflation data (PCE index) and Q2 GDP figures, Nvidia's fiscal Q2 earnings report, and Federal Reserve Chair Kev...

Market News
Neutral
4 hours ago
Bitcoin use drops in El Zonte as card payments rise, signaling waning crypto adoption despite legal tender status.

Bitcoin use drops in El Zonte as card payments rise, signaling waning crypto adoption despite legal tender status.

Bitcoin usage in El Zonte, El Salvador, has sharply declined with most transactions now made by card. Merchants describe Bitcoin as "dead," reflecting a shift away from the cryptocurrency despite its legal tender status since 2021. This trend follows...

Market News
Bearish
4 hours ago
Tertiary Minerals advances copper-silver discovery in Zambia with strong drill results

Tertiary Minerals advances copper-silver discovery in Zambia with strong drill results

Tertiary Minerals reported promising final preliminary drill results from its Phase 4 program at Mushima North, Zambia, confirming the scale of its Discovery Zone. Key highlights include broad copper intersections up to 68 meters grading around 0.3% ...

Market News
Bullish
4 hours ago
XRP jumps 56% in a week on Treasury buyback, White House summit, whale buying, and ETF inflows.

XRP jumps 56% in a week on Treasury buyback, White House summit, whale buying, and ETF inflows.

XRP surged about 56% from $1.00 to $1.70 in five days due to a combination of factors: the U.S. Treasury doubling bond buybacks which lowered yields and boosted risk assets, a White House crypto summit promoting the CLARITY Act to classify XRP as a c...

Market News
Bullish
4 hours ago
Emerson and Equinor partner to enhance global energy operations with advanced measurement tech.

Emerson and Equinor partner to enhance global energy operations with advanced measurement tech.

Emerson and Equinor have entered a 13-year strategic collaboration to deploy Emerson's measurement instrumentation and digital technologies across Equinor's global onshore and offshore energy assets. This partnership aims to accelerate development, e...

Market News
Bullish
4 hours ago
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