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Hacking group claims mass data theft from Shell, Philips, GE, Fiserv and dozens of others
Reuters44d agoneutral
Hacking group claims mass data theft from Shell, Philips, GE, Fiserv and dozens of others

A prolific hacking group known for exploiting software vulnerabilities to attack multiple targets simultaneously claimed it had stolen large volumes of data from nearly ‌50 companies worldwide, including Philips, Shell, Fiserv and GE, according to a posting on the ‌group's website. Philips said it had been targeted by Cl0p while Shell said it was aware of a recent "possible incident", confirming an ​earlier report on Thursday by Dutch media outlet BNR. "We are working with our security teams and relevant experts to investigate the situation," a Shell spokesperson said.

Battle of the briefs: UP-NS fires back at AGs anti-merger letter
FreightWaves44d agoneutral
Battle of the briefs: UP-NS fires back at AGs anti-merger letter

Union Pacific and Norfolk Southern turn to former federal anti-trust officials to refute claims by red state Attorneys General opposing their transcontinental rail merger. The post Battle of the briefs: UP-NS fires back at AGs anti-merger letter appeared first on FreightWaves.

Figure Technology Solutions Q2 Earnings Call Highlights
MarketBeat44d agoneutral
Figure Technology Solutions Q2 Earnings Call Highlights

Figure Technology Solutions (NASDAQ:FIGR) reported second-quarter results marked by triple-digit growth in consumer loan marketplace volume, expanding adoption of its Figure Connect tokenized loan marketplace and a higher share of fee-based revenue. Consumer loan marketplace volume reached $4.3 bil

Bit Digital Q2 Earnings Call Highlights
MarketBeat44d agoneutral
Bit Digital Q2 Earnings Call Highlights

Bit Digital (NASDAQ:BTBT) reported second-quarter revenue of $32.1 million, up 15% sequentially, as cloud services growth helped offset lower Ethereum staking and bitcoin mining revenue. The company also outlined a capital-allocation strategy centered on its Ethereum holdings and its majority intere

Jeff Bezos takes bold new turn amid $4B Amazon sell-off
TheStreet44d agobearish
Jeff Bezos takes bold new turn amid $4B Amazon sell-off

Jeff Bezos filed a Form 144 with the Securities and Exchange Commission on Aug. 3, proposing to sell up to 15 million Amazon shares worth approximately $4.07 billion. Within the same week, Sky Sports reported that Bezos had joined a consortium closing in on a deal for a roughly one-third ...

AMD looks to raise $4 billion to $5 billion in debt offering, source says
Reuters44d agoneutral
AMD looks to raise $4 billion to $5 billion in debt offering, source says

Advanced Micro Devices on Thursday launched a four-part debt ‌offering that could raise between $4 billion ‌and $5 billion, according to terms reviewed by Reuters, as the ​chipmaker looks to fund general corporate purposes and potentially repay existing debt. The offering includes senior unsecured notes due in 2029, 2031, 2033 and ‌2036. Initial price discussions ⁠were set at about 70 basis points over U.S. Treasuries for the ⁠3-year notes, 90 basis points for the 5-year tranche, 100 basis points for the 7-year ​notes and ​115 basis points for ​the 10-year debt.

Investing.com44d agobullish
SanDisk unveils long-term growth strategy at 2026 Investor Day; Shares surge 12%

Investing.com -- SanDisk (Nasdaq: SNDK) shares rose 12% following the company’s "In Focus" 2026 Investor Day, where leadership outlined a highly optimized financial model, durable customer partnerships, and a leading NAND technology roadmap designed to drive sustainable long-term value in the AI era. “Our strong performance today is the direct result of disciplined execution against the strategy we outlined 18 months ago,” said David Goeckeler, Chairman and CEO of SanDisk. Goeckeler highlighted

Morgan Stanley doubles down on SpaceX stock for investors
TheStreet44d agoneutral
Morgan Stanley doubles down on SpaceX stock for investors

There is a number making the rounds on Wall Street right now that would have seemed disconnected from reality 12 months ago: a $600 price target for a company that went public at $135 in June and briefly fell below that listing price within weeks of trading. That kind of number does not get ...

Birkenstock Rallies on Forecast; StubHub Falls on Earnings | Stock Movers
Bloomberg44d agobearishVIDEO
Birkenstock Rallies on Forecast; StubHub Falls on Earnings | Stock Movers

On this episode of Stock Movers: - StubHub (STUB) shares are dropping after the company reported earnings per share for the second quarter that missed the average analyst estimate. - Birkenstock (BIRK) is rallying after the footwear maker boosted its adjusted Ebitda forecast for the full year. The German company also reported better-than-expected sales for the second quarter. - Cerebras (CBRS) is lower after the company projected slower growth than some investors anticipated, causing its shares to fall in premarket trading.

Cerebras stock falls on earnings disappointment despite guidance raise
Proactive44d agobearish
Cerebras stock falls on earnings disappointment despite guidance raise

Cerebras Systems Inc (NASDAQ:CBRS) shares fell 11% Thursday after the AI chipmaker reported second-quarter revenue below Wall Street estimates, even as the company raised its full-year guidance. The company posted second-quarter revenue of $180.1 million, missing the $194 million analyst...

Devon Energy Corp. (DVN) Slipped Post-Acquisition
Insider Monkey44d agoneutral
Devon Energy Corp. (DVN) Slipped Post-Acquisition

Sycamore Capital Management, a franchise of Victory Capital Management, released its Q2 2026 investor letter for “Sycamore Mid Cap Value Equity Strategy”. A copy of the letter can be downloaded here. Sycamore Capital’s Mid Cap Value investment team focuses on a bottom-up approach to identify undervalued businesses with growth potential. In Q2 2026, the strategy […]

FedEx 777 in retro livery lands at Memphis airport renamed for Fred Smith
FreightWaves44d agoneutral
FedEx 777 in retro livery lands at Memphis airport renamed for Fred Smith

FedEx founder Fred Smith was memorialized with the renaming of Memphis airport in his name and the ceremony included the arrival of a FedEx Boeing 777 freighter painted with a throwback brand design. The post FedEx 777 in retro livery lands at Memphis airport renamed for Fred Smith appeared first on FreightWaves.