NeoVolta stock dropped 12% to $3.28 after the energy technology firm reported a second-quarter loss that ballooned to $5.5 million, even as revenue saw a fourfold increase. While the company successfully scaled its distribution footprint, the bottom line was weighed down by significant stock-based compensation and non-operating charges.
Shares of major consumer food companies plummeted after General Mills lowered its fiscal-year projections, citing a sharp decline in consumer sentiment that is stifling sales volumes. Speaking at the Consumer Analyst Group of New York conference, CEO Jeff Harmening warned that persistent inflation and reduced government benefits are forcing middle- and lower-income households to drastically pull back on spending.
Polaryx Therapeutics shares surged 66% to $4.01 after the biotechnology firm appointed a contract research organization to lead a Phase 2 clinical trial for its lead candidate, PLX-200. The study will evaluate the drug’s safety and efficacy across four distinct lysosomal storage disorders.
Sherritt International shares tumbled on Tuesday after the Canadian miner announced a suspension of operations at its Moa joint venture in Cuba, citing a nationwide fuel crisis that has disrupted industrial supply chains across the island.
Knife River shares jumped 12% on Tuesday morning after the construction materials provider reported fourth-quarter earnings and a long-term revenue forecast that cleared Wall Street expectations. The company posted a net profit of $32 million, fueled by double-digit revenue growth across its core materials and contracting divisions.
Orion S.A. stock plummeted 18% on Tuesday after the carbon black supplier reported a significant fourth-quarter loss and issued a 2026 outlook that trailed Wall Street projections. Despite beating revenue estimates, the company’s widening adjusted loss triggered a sharp sell-off, extending a year-long decline for the industrial materials firm.
U.S. soybean export inspections climbed past year-ago levels during the week ending Feb. 12, bolstered by strong demand from China, while corn and wheat shipments showed signs of cooling.
Herc Holdings shares tumbled on Tuesday after the equipment rental giant reported fourth-quarter revenue that fell short of Wall Street estimates, overshadowing a successful swing to profitability.
Valero Energy issued a notification on Tuesday regarding potential flaring at its Houston refinery as the facility begins a period of maintenance work. The alert, disseminated through the East Harris County Community Awareness Emergency Response system, serves as a standard precautionary measure for residents near the industrial corridor.
Trilogy Metals shares dropped 14% after the Alaska-focused explorer reported a significantly widened net loss for 2025, driven primarily by non-cash accounting adjustments related to a strategic U.S. government investment.
American Express Global Business Travel (GBT) shares climbed Tuesday after the company swung to a fourth-quarter profit that significantly outperformed Wall Street expectations. The travel management leader reported robust revenue growth and doubled its share repurchase program to $600 million, reflecting executive optimism regarding its AI-driven strategy and market position.
eToro Group shares rallied on Tuesday after the social trading platform posted fourth-quarter adjusted earnings that surpassed Wall Street estimates. Despite a significant contraction in cryptocurrency-related revenue, the company’s bottom line benefited from a profit increase and a newly expanded $100 million share-buyback program.
Health Canada has granted regulatory approval for Merck’s subcutaneous formulation of its blockbuster immunotherapy, Keytruda, providing a faster alternative to traditional intravenous infusions. The decision follows clinical data demonstrating that the under-the-skin injection matches the efficacy and safety profile of the original IV treatment for specific lung cancer patients.
Lufax Holding Ltd. shares jumped on Tuesday after the company named Co-Chief Executive Xiang Ji as its next CEO, effective April 1. The leadership transition follows the decision by current chief Yong Suk Cho to step down after his contract expires at the end of March.
Itron shares jumped double digits on Tuesday after the infrastructure technology company reported fourth-quarter financial results that topped Wall Street expectations across the board. The rally pushed the stock to $100.25, marking a significant recovery for a firm that had seen modest gains over the previous year.
Shares of Franklin Electric tumbled 13% on Tuesday after the pumping systems manufacturer issued a 2024 financial outlook and fourth-quarter results that failed to meet Wall Street expectations. The sell-off drove the stock to $95.19, marking a significant retreat as the company’s projected earnings fell well below analyst consensus.
The Spanish government has called for a criminal investigation into X, Meta, and TikTok, accusing the social media giants of failing to prevent the viral spread of AI-generated child pornography. Minister Elma Saiz announced the move on Tuesday, citing the discovery of millions of explicit deepfake images involving minors that circulated online in less than two weeks.
Activist investor Elliott Investment Management has accumulated a stake exceeding 10% in Norwegian Cruise Line Holdings, signaling a push for strategic changes to reverse years of market underperformance. The move sent shares of the Miami-based cruise operator climbing 6.1% to $22.80 in premarket trading on Tuesday.
BAE Systems is expected to report a significant rise in annual revenue and profit this Wednesday, bolstered by a massive order backlog for fighter jets and combat vehicles. As global defense spending intensifies, analysts project the London-listed manufacturer will see sales grow by up to 10%, following a year marked by major contract wins in Europe and the Middle East.
Marriott Vacations Worldwide has solidified its leadership team by naming Matt Avril as its permanent chief executive officer, stripping the interim title he has held since November. Alongside the appointment, the vacation-ownership giant recruited former Hornblower Group head Mike Flaskey to serve as president and chief operating officer, signaling a push for stability following the transition.
Arizona Sonoran Copper has terminated its joint venture option with Rio Tinto-backed Nuton, opting to advance its flagship Cactus Project independently. The Toronto-listed developer reached a mutual agreement to end the partnership on the Arizona-based site, triggering a series of cash payments to Nuton totaling up to $35 million.
Gary Bowman, the founder of Bowman Consulting Group, will retire as chief executive and board member of the Reston, Virginia-based firm. The transition, expected to conclude once a successor is appointed, concludes a nearly 30-year tenure at the helm of the engineering-services company.
Compass Pathways shares jumped 34% in premarket trading Tuesday after the biotechnology firm announced its psilocybin-based treatment for depression met primary endpoints in a second Phase 3 clinical trial. The results for the COMP360 therapy offer a potential breakthrough for patients with treatment-resistant depression, a condition historically difficult to manage with existing pharmaceuticals.
IHS Towers has reached an agreement to sell its Latin American operations to Macquarie Asset Management in a deal valued at an enterprise value of $952 million. The transaction includes the company’s entire footprint in Brazil and Colombia, signaling a strategic pivot for IHS as Macquarie doubles down on the region's digital infrastructure.
Xerox Holdings Corp. has raised $450 million through a joint venture with asset management firm TPG, securing a mix of senior secured term loans and preferred equity. The deal, announced Tuesday, marks a critical step in the legacy print giant’s effort to shore up its balance sheet and fund a broader corporate "reinvention."
Fairfax Financial Holdings has reached an agreement to acquire real estate investment firm Kennedy-Wilson Holdings in an all-cash deal led by a consortium of top executives. The transaction, which values the company at a significant premium, will see the firm delisted from the New York Stock Exchange by mid-2026.
Labcorp reported a rise in fourth-quarter profit on Thursday, fueled by steady growth in its core diagnostic laboratories business. While the company's $3.52 billion in revenue narrowly missed Wall Street estimates, its adjusted earnings of $4.07 per share surpassed analyst expectations, supported by a 5.5% revenue jump in clinical testing.
DTE Energy exceeded Wall Street expectations in the fourth quarter, reporting a net income of $369 million driven by robust performance across its electric and gas utility divisions. The Detroit-based energy provider posted earnings of $1.77 per share, a significant jump from the $292 million recorded during the same period last year.
Honeywell International has revised its full-year 2024 financial results downward following significant post-report charges, primarily a $436 million goodwill impairment within its industrial-automation segment. The industrial conglomerate updated its net income and operating margins on Tuesday, though it maintained its long-term growth targets for 2026.
Vulcan Materials shares fell 6.3% in premarket trading Tuesday after the construction giant reported fourth-quarter earnings that missed analyst expectations and issued a conservative profit forecast for the year ahead.
