June 2026 — page 4
Marvell posts third straight quarter of revenue acceleration
The chip designer raised its second-quarter revenue outlook to $2.7 billion, a 35% year-over-year increase.
CoreWeave Backlog Surges to $99 Billion as AI Cloud Demand Accelerates
The GPU cloud provider's remaining performance obligations jumped $38.1 billion in a single quarter to $98.8 billion, underscoring the scale of AI infrastructure commitments pouring in.
Ciena raises annual revenue guide as cloud demand accelerates
The networking equipment provider reported second-quarter revenue of $1.57 billion, a 39.5% increase year-over-year.
Caterpillar profit jumps 30% on construction rebound
The heavy-equipment maker posted adjusted earnings of $5.54 a share for the quarter.
Adobe Lifts Full-Year Outlook as AI-First Annual Recurring Revenue Tops $500 Million
The design-software maker posted record quarterly revenue of $6.62 billion, up 13% year over year, and tripled its AI-first ARR as it raised guidance for the second time this fiscal year.
Eaton to Sell Mobility Group to Dana in $5.1 Billion Deal
The transaction completes Eaton's years-long portfolio overhaul, sharpening its focus on electrical and aerospace markets tied to AI data centers and defense spending.
Oracle's Cloud Infrastructure Revenue Surges 93% as Backlog Swells to $638 Billion
The software maker's remaining performance obligations ballooned 363% year-over-year to $638 billion, underscoring the scale of AI-driven demand.
Navan posts 40% revenue jump, lifts profit outlook
The corporate-travel platform swung to a $22 million non-GAAP profit in the quarter.
Keel Infrastructure posts deeper losses after pivot
The company reported a $98.4 million operating loss in its first quarter as a pure-play data-center developer.
Chewy expands margins as sales growth slows
The online pet-supplies retailer reported a net margin of 2.8% for the first quarter.
Credit Acceptance Earnings Jump 83% on Loan Growth
The auto-finance lender posted $36.38 a share in 2025, reversing two years of declines.
Trump Media to Buy TAE Technologies in $6 Billion All-Stock Deal
The merger aims to combine free-speech infrastructure with fusion power to cement U.S. energy dominance and AI leadership.
Tech and Retail Firms Accelerate Share Buybacks, Deploying Billions in Capital Return
Six companies across the technology and retail sectors have significantly intensified their share repurchase programs, authorizing and executing billions in buybacks.
Healthcare Leads Surge in Off-Exchange ATS Mix
ATS share of stored off-exchange volume climbed across six industries for the week of June 8, 2026.
Sterling Infrastructure revenue doubles on infrastructure push
The civil-construction company posted first-quarter adjusted earnings of $3.59 a share, up 120% from a year earlier.
Smucker Swings to 20% Profit Growth as Frozen Handhelds and Pet Food Surge
The food maker's adjusted earnings per share reached $2.77 in the fiscal fourth quarter, rebounding from three consecutive quarters of double-digit declines.
Novanta returns to organic growth as bookings jump 37%
The precision components maker reported first-quarter GAAP revenue of $257.7 million.
Novanta bets big on medical consumables with $1.45B deal
The precision-motion specialist expects the Riverpoint Medical acquisition to double its recurring medical consumables revenue to $300 million.
Invesco AUM Rises to $2.45 Trillion on ETF Gains
Total assets under management increased 4.9% month-over-month to $2,453.9 billion as of May 31, 2026.
Hubbell lifts guidance after $3 billion acquisition
The electrical-products maker raised its full-year earnings forecast to $19.30-$19.85 a share.
Casey’s Profit Jumps 66% on Fuel, Food Gains
The convenience-store chain posted diluted earnings of $4.37 a share, more than doubling its year-earlier pace.
Applied Digital Closes Cloud Spinoff, Secures $550 Million Credit Line
The data-center operator completed the ChronoScale separation and arranged a new revolving facility as it narrows its capital plan to a single Polaris Forge building.
Soluna Holdings to Buy Project Dorothy 1B in Asset Deal
The acquisition completes Soluna’s vertical integration of the Dorothy campus, positioning the company to accelerate its AI campus expansion.
Novanta to Buy Riverpoint Medical in $1.2 Billion All-Cash Deal
The acquisition doubles Novanta's recurring medical consumables revenue and pushes the company deeper into the high-growth minimally invasive surgery market.
Ingredion to Buy Tate & Lyle in $5 Billion Cash Deal
The acquisition aims to create a scaled global provider of specialty ingredient solutions by combining complementary portfolios and geographic networks.
Hubbell Completes $3 Billion Acquisition of NSI Industries
The deal expands Hubbell’s Electrical Solutions portfolio with complementary products for industrial, datacenter and network infrastructure markets.
CECO Environmental Completes $2.2 Billion Thermon Acquisition
The deal unites complementary industrial thermal and environmental solutions to target growth in power generation, data centers, and semiconductors.
Allegiant Travel Completes $1.5 Billion Sun Country Acquisition
The deal unites two profitable leisure carriers to create a scaled, flexible-capacity airline with 195 aircraft and nearly 175 destinations.
Companies Pursue IEEPA Tariff Refunds After Supreme Court Ruling, But Record No Benefits Amid Uncertainty
Six companies across multiple sectors have applied for refunds of tariffs paid under the invalidated IEEPA authority, yet none have recognized the potential windfall due to unclear timing and amounts.
Across 17 Filers, Credit and Rates Dominate the Conversation
Eleven of the 17 companies reporting this week, spanning six industries, centered their economic commentary on the cost and availability of credit rather than demand or pricing.
Tango Therapeutics pivots pancreatic cancer strategy toward first-line treatment
The biotechnology company reported a first-quarter net loss of $45.5 million as it advances its vopimetostat combination therapy.
Ionis revenue doubles on drug sales, partnership windfall
The biotech raised full-year guidance after commercial revenue rose 42% and R&D revenue more than doubled.
Fair Isaac Lifts Guidance as Scores Revenue Surges 60%
The credit-scoring company posted $691.7 million in quarterly revenue, a 39% jump that prompted management to raise its full-year outlook for the second consecutive time.
FuelCell Energy Revenue Falls 5% as Groton Impairment Widens Loss
The fuel-cell maker posted a $77.9 million operating loss after booking a $42.6 million non-cash charge tied to its Groton Project upgrade.
Campbell’s profit slump deepens on weak soup demand
Adjusted earnings per share fell 32% to $0.50 in the latest quarter.
Casey’s Skips Financials in Board-Focused Release
The convenience-store operator disclosed no earnings or operating metrics in its latest update.
Alliance Resource buys Permian royalties, lifts output forecast
The coal and oil producer raised its 2026 oil and gas royalties volume guidance after a $206.2 million acquisition.
Palladyne AI to Acquire IAI’s Loitering Munitions Portfolio in Defense Push
The deal combines Israel Aerospace Industries’ combat-proven systems with U.S.-based engineering and manufacturing to accelerate delivery to the Department of War.
Nurix Therapeutics to License BTK Degrader Bexobrutideg to Roche in Up to $2.3 Billion Deal
Roche gains rights to Nurix's brain-penetrant BTK degrader, paying $700 million upfront with milestones tied to oncology, immunology and neurology indications.
Standard BioTools to Buy Treeline Biosciences in $460 Million All-Stock Deal
The acquisition aims to deploy capital behind a catalyst-rich oncology pipeline and an experienced drug-development team.
Hubbell to Buy NSI Industries in $3 Billion Cash Deal
The acquisition bolsters Hubbell’s Electrical Solutions portfolio with complementary products for industrial, datacenter and network infrastructure markets.
Alliance Resource Partners to Buy AllDale Minerals Interests in $206 Million Deal
The acquisition gives the coal producer a broader foothold in the Permian Basin and a new entry point into the Haynesville shale, positioning it to capture long-term LNG export demand.
Concentrated Conviction in Specialty Finance and Biotech
A surge of insider clusters across banking and therapeutics reveals targeted open-market buying.
Honeywell Spins Off Aerospace in Record Share Split
The industrial conglomerate set June 29 as the distribution date for its aerospace unit, handing shareholders one new share for every two held.
Honeywell Sets Aerospace Spin-Off Ratio, Reverse Split
Shareholders of record are expected to receive one Honeywell Aerospace share for every two Honeywell shares held.
Bitmine Slows Ethereum Buying as Price Drop Erodes Treasury Value
The company's total crypto and cash holdings fell to $11.6 billion from $13.4 billion in three weeks as ETH prices declined 15%.
Industrial Demand Diverges as Consumer Softness Hits Apparel
Smaller companies report a sharp split between resilient professional equipment demand and a slump in consumer-facing sectors and global trade.
REITs and banks ride leasing strength, lower deposit costs
Smaller REITs and regional banks report rising rents, falling funding costs, and disciplined capital allocation this week.
QXO Prices Debt Sale for TopBuild Deal
The building-products distributor set 6.500% and 6.875% coupons on notes due in 2031 and 2034.
QXO doubles revenue with TopBuild deal closing
The combined company now expects over $18 billion in annual sales and $2 billion in adjusted EBITDA.