Costco Wholesale posted a 9.9% surge in sales for August, reaching $23.7 billion as consumer demand remained resilient across its global warehouse network. This performance capped off a robust fourth quarter, with total sales for the period hitting $93.9 billion, representing an 11.3% increase compared to the previous year.
Shares of Varonis Systems jumped 10% to $46.57 following reports that cybersecurity firm Proofpoint, backed by private equity giant Thoma Bravo, is exploring an acquisition. The news arrives as Varonis maintains a strong market trajectory, with its stock price climbing 43% since the beginning of the year.
A 22.9% spike in after-hours trading greeted Snowflake’s latest financial results, as the cloud storage firm beat analyst expectations and raised its full-year revenue outlook. Driven by a relentless appetite for artificial intelligence tools, the company reported a narrowed quarterly loss of $191.7 million against a revenue jump to $1.55 billion.
A technical glitch triggered a chaotic Wednesday session for Scorpio Gold, as American depositary receipts swung wildly after an mistaken trading halt. Shares initially surged to $11.66 before regulators paused activity, eventually cooling to a 51% gain at $7.67 as the company scrambled to clarify the error.
The U.S. Army has awarded AeroVironment a $464.8 million contract to deploy its LOCUST X3 laser-based counter-drone systems. This multi-year agreement marks the first time the military has moved directed energy technology from experimental testing into sustained, large-scale field production, signaling a significant evolution in aerial defense capabilities.
Tropical Storm Edouard swept through southeast Texas on Tuesday, triggering a cascade of power failures and operational shutdowns at the region's major refining hubs. Both Valero and Motiva reported emergency interruptions as severe weather compromised equipment and forced the stabilization of critical processing units across their Port Arthur facilities.
Hewlett Packard Enterprise reported a more than fivefold increase in quarterly profit, signaling that aggressive investments in artificial intelligence are finally reshaping the company's bottom line. The strong performance, fueled by a surge in server and networking sales, prompted management to hike long-term growth targets for investors.
Oil prices climbed to $91.01 a barrel today, fueled by escalating hostilities between the United States and Iran that threaten to keep the Strait of Hormuz effectively shuttered. Despite the geopolitical pressure, U.S. markets managed a steady advance as the recent, rapid climb in Treasury yields finally lost its momentum.
In an unusual consolidation of offshore assets, Shell is set to acquire significant stakes in two of BP’s exploration projects. The agreement covers deepwater prospects in the Gulf of Mexico and an exploration block in Brazil, marking a strategic pivot as both energy giants seek to optimize their portfolios.
The aisles of convenience stores are changing as shoppers reach for fewer chips and candy bars. Alimentation Couche-Tard, the parent company of Circle K, reports that the rise of weight-loss drugs like Ozempic and Wegovy is directly curbing consumer appetites for high-sugar and high-carbohydrate impulse purchases in the United States.
A federal appeals court dealt a sharp blow to Netlist on Wednesday, rejecting the company’s patent infringement claims against Micron Technology. The ruling, which upholds a prior finding that Micron’s memory systems do not violate Netlist’s intellectual property, triggered an immediate and aggressive sell-off for the firm’s stock.
A 130 percent spike in Scorpio Gold’s American depositary receipts triggered an immediate trading halt on the Nasdaq exchange Wednesday. The surge followed an announcement of promising drill results at the company’s Manhattan District Project in Nevada, marking a volatile second day of trading since the firm's Nasdaq debut.
Benchmark Mineral Intelligence reports current mid-market prices for key battery raw materials, with lithium carbonate leading the sector at 23,150 dollars per metric ton. These figures, quoted ex-works China, reflect the prevailing cost environment for manufacturers securing supply chains for electric vehicle production and energy storage systems.
As of August 31, 2026, Remy Cointreau confirms its total share capital comprises 52,589,879 shares. The disclosure, issued under ISIN code FR0000130395, details the company's current equity structure and the specific distribution of voting rights held by its investors following the close of the month's trading.
U.S. natural gas inventories are expected to grow by 29 billion cubic feet for the week ending August 28, a gain falling short of historical seasonal norms. This projected injection, drawn from a survey of ten market participants, signals a further tightening of the current storage surplus against five-year averages.
National jet fuel stockpiles climbed to 45.873 million barrels last week, even as domestic production and demand remained largely unchanged. While the broader market shows stability, regional storage figures diverge significantly, with the Gulf Coast hitting its lowest inventory levels in several months while coastal regions reported notable builds.
Crude oil futures climbed for the third consecutive session on Wednesday as fresh military exchanges between the United States and Iran extinguished investor optimism regarding a near-term recovery of regional petroleum exports. The escalation keeps global markets on edge, driving benchmarks toward their highest levels in over a month.
With the departure of a New York to Buenos Aires flight on Wednesday, American Airlines unveiled a reconfigured Boeing 777-300ER featuring the highest density of premium seating currently available on any U.S. carrier. The move signals a strategic pivot toward capturing high-spending travelers on key international long-haul routes.
A 4.5 million barrel drop in U.S. commercial crude stockpiles last week shattered market expectations, as domestic refineries pushed operations to 98% capacity. The sharp decline, reported Wednesday by the Energy Information Administration, highlights a aggressive pace of processing that far outstripped the 300,000-barrel withdrawal analysts had initially projected.
A 4.5 million barrel drop in U.S. crude oil stockpiles last week has shattered market expectations, signaling a sharp uptick in domestic refinery activity. Data from the Energy Information Administration for the period ending Aug. 28 shows refineries running at 98% capacity, far outpacing the cooling demand predicted by industry analysts.
A 9.5% jump in Eos Energy Enterprises stock followed the company’s announcement of a new partnership to supply clean, around-the-clock power to the PJM grid. The deal aims to support Google’s expanding data center infrastructure in the Mid-Atlantic, including a significant upcoming installation in West Virginia.
Canada’s Caisse de dépôt et placement du Québec has committed US$1.27 billion to acquire a 24% stake in Altius Telecom Infrastructure Trust. This move positions the pension giant as a major stakeholder in India’s largest independent tower platform, capitalizing on the rapid expansion of 5G networks across the country.
Clay Ritchey takes the helm at Definitive Healthcare this September, stepping into the role just days after Kevin Coop’s abrupt exit. The transition arrives as the data firm balances a sudden leadership shakeup with an unsolicited $1.02-per-share acquisition bid from private equity giant Advent International.
Geoffrey Parker, the longtime financial architect at Allogene Therapeutics, will retire on November 6, marking another significant shift in the company’s executive suite. The departure comes shortly after the biotechnology firm elevated former Chief Medical Officer Zachary Roberts to the role of president and chief executive officer.
Driven by a persistent semiconductor supercycle, Singapore’s manufacturing sector expanded for the month of August. The purchasing managers index climbed to 51.5, signaling steady growth in factory output and new export orders as the city-state cements its position as a critical node in the global artificial intelligence hardware supply chain.
With trade relations with the United States deteriorating and a 50% tariff threat looming on automotive imports, Canada is set to extend its temporary reduction on fuel taxes until early 2027. Finance Minister François-Philippe Champagne will formalize the measure in Ottawa this Wednesday to shield consumers from volatile energy costs.
Deutsche Bank analysts upgraded SiriusXM to buy from hold on Wednesday, triggering a 5% premarket rally to $29. The bank contends that Wall Street is severely underestimating the subscription radio platform’s future revenue, specifically regarding its strategic integration with YouTube and expanded partnerships with Amazon.
Shares of Definitive Healthcare surged 14% to $1.03 in premarket trading after the company confirmed receiving a non-binding acquisition proposal from private-equity firm Advent International. The offer values the healthcare data provider at $1.02 per share, signaling a potential shift toward taking the firm private in an all-cash deal.
After a week-long silence at its Lake Superior Power generating facility, Algoma Steel has brought its Ontario electric arc furnace back online. The restart follows a critical turbine failure on August 17 that forced the company to scramble for interim power arrangements to keep its core steelmaking operations moving.
A hostile bid worth $272 million has met a firm wall at Aurora Cannabis, where the board of directors unanimously advised shareholders to reject Curaleaf Holdings' unsolicited takeover attempt. Executives argue the offer fails to reflect the company’s current international momentum and long-term strategic value.
