Leidos Holdings reported a 4% increase in Q1 revenue to $4.4 billion, driven by strong demand in intelligence, energy infrastructure, and air traffic management. Despite an 8% dip in net income to $335 million due to acquisition costs, adjusted earnings per share rose 5% to $3.13. The company secured major new contracts, including a $869 million AI-enabled U.S. Army project, and raised its full-year revenue and earnings guidance. Leidos expects accelerated growth in the second half of 2026, supported by strategic acquisitions and joint ventures.
During week 30 of 2026 (July 20-24), Sampo Oyj bought back a total of 1,352,794 of its A-shares at a weighted average price of €9.60 per share. This share buyback is part of a program authorized by the company's general meeting on April 22, 2026, wit...
Last week, major tech stocks like Alphabet and Tesla saw sharp declines due to their negative free cash flow, driven by massive capital expenditures on AI. This shift from earnings to free cash flow focus signals a market turning point and raises con...
Ethereum has surged nearly 20% in July, significantly outperforming Bitcoin's 11.7% gain as ETH trades around $1,880 to $1,970. This rise is driven by increased ETF flows into Ethereum products and higher staking participation, which reduces circulat...
Escalade has been upgraded to a soft and speculative 'buy' rating due to recent operational improvements and attractive valuation metrics. While revenue growth remains modest, the company has seen a significant rise in profitability driven by gross m...
Ether is driving gains in the cryptocurrency market while Bitcoin remains stable, acting as a defensive anchor. Market calm is attributed to easing U.S.-Iran tensions, a retreat in oil prices, and rising 10-year Treasury yields nearing 4.7%, which as...
