News Archive

August 13, 2026Connected

88 storiesLast updated: 1:40:26 AMPage 1 of 2

Stocks

StocksBearish

Sionna Therapeutics Faces Legal Probe After 90% Stock Crash on Trial Failure

Key Facts

•Sionna Therapeutics reported that its Phase 2a trial of SION-719 failed to meet its key activity endpoint.
•SION stock lost approximately 90% of its value following the disappointing clinical trial results.
•Law firm Levi & Korsinsky launched an investigation into the company's compliance with securities laws on behalf of shareholders.

Impact:

8/10

SION

about 2 hours ago

Commodities

CommoditiesBullish

Corn Futures Surge on Unexpected USDA Yield Forecast Cut

Key Facts

•Corn futures surged following a surprise reduction in yield projections by the U.S. Department of Agriculture (USDA).

Impact:

7/10

about 4 hours ago

Mergers & Acquisitions

Mergers & AcquisitionsBullish

AvalonBay and Equity Residential Shareholders Approve Merger to Form Vivmark Residential

Key Facts

•Shareholders of AvalonBay Communities and Equity Residential have overwhelmingly approved the merger of equals.
•The merger is expected to close on August 17, 2026, with the combined entity renamed Vivmark Residential.
•The new entity's shares will begin trading on the NYSE under the ticker VMRK on August 18, 2026.

Impact:

6/10

AVB EQR

about 6 hours ago

Geopolitics

GeopoliticsBullish

White House Lifts TikTok Ban on Government Devices; Oracle Gains Security Role

Key Facts

•The Office of Management and Budget issued a memorandum allowing Executive Branch employees to use TikTok on government devices.
•The DOJ stated the U.S. version of the app no longer falls under prohibited categories due to new cybersecurity measures.
•American investors including Oracle, MGX, and Silver Lake own a 45% stake in the TikTok U.S. Data Security Joint Venture.

Impact:

6/10

ORCL

about 3 hours ago

Crypto

CryptoBullish

SEC Clears Franklin Templeton to Use Onchain BENJI System for Registered Funds

Key Facts

•Franklin Templeton received a no-action letter from the U.S. Securities and Exchange Commission (SEC).
•The decision enables traditional registered funds to invest in the onchain BENJI/FOBXX fund.

Impact:

6/10

about 5 hours ago

August 13, 2026Connected

88 storiesLast updated: 1:40:26 AMPage 1 of 2

Stocks

StocksBearish

Sionna Therapeutics Faces Legal Probe After 90% Stock Crash on Trial Failure

Key Facts

•Sionna Therapeutics reported that its Phase 2a trial of SION-719 failed to meet its key activity endpoint.
•SION stock lost approximately 90% of its value following the disappointing clinical trial results.
•Law firm Levi & Korsinsky launched an investigation into the company's compliance with securities laws on behalf of shareholders.

Impact:

8/10

SION

about 2 hours ago

Commodities

CommoditiesBullish

Corn Futures Surge on Unexpected USDA Yield Forecast Cut

Key Facts

•Corn futures surged following a surprise reduction in yield projections by the U.S. Department of Agriculture (USDA).

Impact:

7/10

about 4 hours ago

Mergers & Acquisitions

Mergers & AcquisitionsBullish

AvalonBay and Equity Residential Shareholders Approve Merger to Form Vivmark Residential

Key Facts

•Shareholders of AvalonBay Communities and Equity Residential have overwhelmingly approved the merger of equals.
•The merger is expected to close on August 17, 2026, with the combined entity renamed Vivmark Residential.
•The new entity's shares will begin trading on the NYSE under the ticker VMRK on August 18, 2026.

Impact:

6/10

AVB EQR

about 6 hours ago

Geopolitics

GeopoliticsBullish

White House Lifts TikTok Ban on Government Devices; Oracle Gains Security Role

Key Facts

•The Office of Management and Budget issued a memorandum allowing Executive Branch employees to use TikTok on government devices.
•The DOJ stated the U.S. version of the app no longer falls under prohibited categories due to new cybersecurity measures.
•American investors including Oracle, MGX, and Silver Lake own a 45% stake in the TikTok U.S. Data Security Joint Venture.

Impact:

6/10

ORCL

about 3 hours ago

Crypto

CryptoBullish

SEC Clears Franklin Templeton to Use Onchain BENJI System for Registered Funds

Key Facts

•Franklin Templeton received a no-action letter from the U.S. Securities and Exchange Commission (SEC).
•The decision enables traditional registered funds to invest in the onchain BENJI/FOBXX fund.

Impact:

6/10

about 5 hours ago

StocksBullishUpdated

Cisco Shares Dip Despite Earnings Beat and Strong Quarterly Guidance

Key Facts

•Cisco achieved Q4 revenue of $17.3 billion, an 18% year-over-year increase, exceeding the high end of guidance.
•Total product orders surged 35%, driven by massive demand for AI infrastructure from hyperscalers.
•The company projects fiscal year 2027 revenue between $72.2 billion and $73.4 billion.

Impact:

8/10

CSCO

about 5 hours ago

StocksBullish

Minerva Foods Hits Record R$ 57.2 Billion Revenue Amid Strong EBITDA Growth

Key Facts

•Minerva Foods reported record net revenue of R$ 57.2 billion over the past 12 months.
•EBITDA reached R$ 1.2 billion in the second quarter of 2026, with a margin of 8.7%.
•Annual EBITDA rose by 22.1% to reach R$ 4.9 billion over the last 12 months.

Impact:

7/10

MINERVA

about 3 hours ago

StocksBullish

Riskified Q2 2026 Revenue Surges 22% as Company Raises Full-Year Outlook

Key Facts

•Riskified reported revenue of $98.69 million, a 22% year-over-year increase, marking its strongest growth in over four years.
•Earnings per share (EPS) came in at $0.02, beating some estimates but missing the Zacks Consensus of $0.03.
•The company raised its full-year outlook driven by strong demand for its unified fraud-prevention platform.

Impact:

6/10

RSKD

about 6 hours ago

StocksBullish

Knightscope Achieves Record Quarterly Revenue in Q2 2026

Key Facts

•Knightscope announced achieving the highest quarterly revenue in its history during the second quarter of 2026.

Impact:

6/10

about 4 hours ago

StocksBearish

Braskem Explores Out-of-Court Restructuring Amid Financial Pressure

Key Facts

•Braskem, Latin America's largest petrochemical firm, is in advanced talks for a potential out-of-court restructuring.
•The restructuring filing could occur as early as this month, according to sources familiar with the matter.

Impact:

6/10

about 4 hours ago

StocksBullish

Hyliion Stock Surges 17% Following Major U.S. Navy Contract Win

Key Facts

•Hyliion raised its 2026 revenue guidance to approximately $15 million.
•The company secured a $41.7 million contract from the U.S. Navy.
•The company's stock surged 17% in response to the positive news.

Impact:

6/10

HYLN

about 3 hours ago

StocksBullish

Nebius Group Stock Surges 34% on AI Cloud Infrastructure Demand

Key Facts

•Nebius Group stock jumped 34% on Aug. 12, 2026, driven by surging demand for AI cloud infrastructure.

Impact:

6/10

NBIS

about 5 hours ago

StocksBullish

Telstra Annual Profit Rises 3.2%, Announces $706M Share Buyback Program

Key Facts

•Australia's Telstra reported a 3.2% rise in annual profit, driven by growth in its mobile business.
•The company announced an additional share buyback of up to A$1 billion ($705.90 million).

Impact:

6/10

TLGPY

about 3 hours ago

StocksBullish

Sky Harbour Beats Q2 2026 Estimates with Positive Cash Flow Milestone

Key Facts

•Sky Harbour exceeded analyst expectations for its Q2 2026 financial results.
•The company announced achieving positive cash flow during this fiscal period.

Impact:

6/10

SKYH

about 3 hours ago

StocksBearish

S&P Downgrades Hertz Credit Rating Over Refinancing Risks

Key Facts

•S&P Global Ratings downgraded Hertz's credit rating due to concerns regarding the company's ability to refinance its debt.

Impact:

6/10

HTZ

about 4 hours ago

StocksBullish

NextEra Energy Inks 10 GW Gas Power Funding Deal with US and Japan

Key Facts

•NextEra Energy executed definitive agreements with the U.S. Department of Commerce and the Government of Japan to fund gas-powered generation.
•The project aims to develop up to 10 gigawatts of power generation across Texas and Pennsylvania.

Impact:

6/10

NEE

about 6 hours ago

StocksBullish

Cerebras Systems Reports Record Q2 Revenue and Raises Full-Year Outlook

Key Facts

•Cerebras Systems reported record second-quarter core revenue for 2026.
•The company raised its full-year outlook while expanding data-center capacity and manufacturing output.

Impact:

6/10

CBRS

about 4 hours ago

StocksBullish

Staar Surgical Beats Q2 Estimates with Return to Profitability

Key Facts

•Staar Surgical reported quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.21.

Impact:

6/10

STAA

about 4 hours ago

StocksBullish

PTC Therapeutics to Acquire Fabry Disease Gene Therapy Program from Sangamo

Key Facts

•PTC Therapeutics announced the planned acquisition of the ST-920 program, a BLA-stage gene therapy for Fabry disease.
•BLA submission is expected to be completed in Q4 2026 with a potential commercial launch in 2027.

Impact:

5/10

PTCT

about 6 hours ago

StocksMixed

Coherent Shares Drop 5% Despite Strong 34% Revenue Growth and Optimistic Guidance

Key Facts

•Coherent Corp. reported strong 34% revenue growth in Q4 fiscal 2026.
•Coherent shares fell 5% despite exceptional results and ambitious guidance.

Impact:

5/10

COHR

about 5 hours ago

StocksBullish

Fossil Group and Big Digital Energy Post Q2 Results as Fossil Raises 2026 Outlook

Key Facts

•Fossil Group reported worldwide net sales of $210 million and raised its full-year 2026 financial outlook.
•Big Digital Energy achieved revenues of $6.2 million, representing a 28% quarter-over-quarter increase.

Impact:

5/10

FOSL

about 6 hours ago

StocksBearish

Cerebras Stock Falls Despite Raising Full-Year Guidance in Second Post-IPO Report

Key Facts

•Cerebras Systems raised its full-year guidance in its second earnings report since its May IPO.
•The company's stock price dropped following the earnings report despite the improved outlook.

Impact:

5/10

about 5 hours ago

StocksBullish

Dover Corporation Completes Acquisition of Cloeren to Bolster Pumps Segment

Key Facts

•Dover Corporation announced the completion of its acquisition of Cloeren Incorporated.
•Cloeren will become part of the MAAG business unit within Dover's Pumps & Process Solutions segment.

Impact:

5/10

DOV

about 5 hours ago

StocksBullish

Mistras Group Raises FY Revenue Guidance Following Strong Financial Results

Key Facts

•Mistras Group raised its FY revenue guidance to a range of $740M–$755M.
•The company achieved an adjusted EBITDA margin of 13.3%, outpacing previous guidance.

Impact:

5/10

about 5 hours ago

StocksBearish

Cencora Stock Drops 5.92% as Walgreens Shifts Business Volume to Competitors

Key Facts

•Cencora stock closed down 5.92% on August 12 following confirmation that non-prime Walgreens pharmaceutical volume is transitioning to competitors.

Impact:

5/10

0HF3.L

about 6 hours ago

StocksBullish

Magellan Aerospace Reports Strong 22.3% Revenue Growth in Q2 2026

Key Facts

•Magellan Aerospace reported Q2 2026 revenue of C$305.6 million, a 22.3% increase year-over-year.

Impact:

5/10

MAL.TO

about 5 hours ago

StocksBullish

Carpenter Technology Authorizes Massive $1.0 Billion Share Repurchase Program

Key Facts

•Carpenter Technology's Board of Directors authorized a new share repurchase program of up to $1.0 billion.
•The company completed its previous $400 million authorization by repurchasing the remaining $119.0 million in shares in August 2026.

Impact:

5/10

CRS

about 5 hours ago

StocksBullish

Pfizer Raises 2026 Guidance as CEO Purchases $1M in Shares to Signal Confidence

Key Facts

•Pfizer raised its 2026 revenue guidance by $500 million following a 5% operational growth in its non-COVID portfolio.
•CEO Albert Bourla purchased 38,000 shares of Pfizer valued at approximately $1 million on August 12, 2026.
•Pfizer delivered a 12% earnings per share (EPS) beat in the second quarter of 2026.

Impact:

5/10

PFE

about 5 hours ago

StocksBullish

North American Construction Group Hikes 2026 Guidance on Record Revenue

Key Facts

•North American Construction Group reported record top-line performance for the second quarter ended June 30, 2026.
•The company raised its full-year 2026 combined revenue guidance following strong quarterly results.

Impact:

5/10

NOA

about 5 hours ago

StocksBullish

Infleqtion Revenue Surges 116% in Q2 as Company Raises 2026 Guidance

Key Facts

•Infleqtion reported a 116% jump in Q2 revenue despite missing earnings per share (EPS) estimates.
•The company raised its financial guidance for 2026 following the second-quarter results.

Impact:

5/10

INFQ

about 5 hours ago

StocksBullish

Mattr Reports Record Q2 2026 Results and Raises Full-Year Financial Outlook

Key Facts

•Mattr Corp reported record second quarter revenue and adjusted EBITDA for the period ended June 30, 2026.
•The company improved its full-year financial outlook driven by sequential growth and margin expansion.

Impact:

5/10

MATR

about 5 hours ago

StocksBearish

Alpha and Omega Semiconductor Shares Drop on Weak Forward Guidance

Key Facts

•Alpha and Omega Semiconductor reported its fiscal fourth-quarter 2026 financial results after the market close on Wednesday.
•The company's stock price declined following the issuance of soft forward guidance in its earnings report.

Impact:

5/10

AOSL

about 4 hours ago

StocksBullish

SpaceX Stock Surges 12% Reclaiming IPO Price as Lockup Expires

Key Facts

•SpaceX stock rallied 12% in a single day, closing above its $135 IPO price for the first time in weeks.

Impact:

5/10

SPCX

about 4 hours ago

StocksBullish

WhiteHawk Minerals Announces $111.8M Acquisitions and Initiates Dividends

Key Facts

•WhiteHawk Minerals announced $111.8 million in natural gas mineral and royalty acquisitions.
•The company initiated a quarterly cash dividend of $0.50 per share of Class A common stock.

Impact:

5/10

WHK

about 6 hours ago

StocksMixed

Bausch Health Beats Q2 Estimates as Revenue Grows 13% Despite Debt Risks

Key Facts

•Bausch Health delivered Q2 non-GAAP EPS of $1.26, beating consensus estimates by $0.25.
•Revenue grew by 13% and the company raised its full-year 2026 financial guidance.
•The company still faces significant credit risks due to $15 billion in long-term debt.

Impact:

5/10

BHC

about 3 hours ago

StocksBullish

Andersen Global Surpasses Q2 2026 Financial Expectations

Key Facts

•Andersen Global reported Q2 2026 financial results that exceeded expectations with strong revenue growth.

Impact:

5/10

about 3 hours ago

StocksBullish

Kimball Electronics Reports Operating Income Surge and Issues Fiscal 2027 Guidance

Key Facts

•Kimball Electronics reported net sales of $371.6 million for the fourth quarter ended June 30, 2026.
•Fourth quarter operating income rose to $29.1 million compared to $16.5 million in the previous year.
•The company provided fiscal 2027 guidance highlighted by organic growth and the accretive impact of the Helvoet acquisition.

Impact:

5/10

about 6 hours ago

StocksBullish

Coherent Corp. Reports Strong 34% Revenue Growth in Q4 Fiscal 2026

Key Facts

•Coherent Corp. reported Q4 revenue of $2.05B, an increase of 34% year-over-year.
•Non-GAAP EPS reached $1.74, an increase of $0.74 year-over-year.
•Non-GAAP gross margin increased to 40.2%, up 215 basis points year-over-year.

Impact:

5/10

COHR

about 6 hours ago

StocksMixedUpdated×2

Mid-Cap Earnings Diverge as Grocery Outlet and Resideo Beat Q2 Estimates

Key Facts

•Resideo reported record Q2 revenue of $1.98 billion, up 2% year-over-year, exceeding its outlook range.
•Harmonic's broadband revenue surged 54% year-over-year, leading the company to raise its full-year outlook.
•Stem reported total revenue of $33.7 million, down 12% year-over-year, despite an expansion in GAAP gross margin to 41%.

Impact:

5/10

REZI HLIT STEM

about 1 hour ago

StocksBullish

FGI Industries Beats Q2 Estimates with Strong Earnings Turnaround

Key Facts

•FGI Industries reported quarterly earnings of $0.6 per share.
•The actual results beat the Zacks Consensus Estimate which projected a loss of $0.23 per share.

Impact:

5/10

FGI

about 3 hours ago

StocksBullish

EnerSys Beats Q1 Earnings and Revenue Estimates with Strong EPS Growth

Key Facts

•EnerSys reported quarterly earnings of $3.66 per share, beating the Zacks Consensus Estimate of $2.82 per share.

Impact:

5/10

ENS

about 3 hours ago

StocksBullish

CuriosityStream Issues 2026 Revenue Guidance and Pivots to AI Content Licensing

Key Facts

•CuriosityStream expects its full-year 2026 revenue to be between $77 million and $82 million.
•The company is expanding its content licensing offerings specifically for AI training purposes.

Impact:

5/10

CURI

about 3 hours ago

StocksBullish

SKYX Reports Record Q2 Sales and Expansion into Saudi Arabia and Europe

Key Facts

•SKYX achieved record sales of $25.3 million in Q2 2026, representing a 14% growth compared to the previous quarter.
•The company reduced cash used in operating activities by 39% to $3.7 million in Q2 2026.
•The company announced future projects in global markets including Saudi Arabia, Europe, and the United States.

Impact:

5/10

SKYX

about 6 hours ago

StocksMixed

BBB Foods Q2 Revenue Jumps 38.7% Despite Widening Net Loss

Key Facts

•BBB Foods reported a 38.7% revenue increase to Ps. 26,037 million in Q2 2026, driven by same-store sales and new openings.
•The company posted a net loss of Ps. 386 million due to higher financial costs and foreign exchange losses.
•EBITDA rose 43.8% year-over-year, supported by strong operational cash flow for self-funded expansion.

Impact:

5/10

TBBB

about 5 hours ago

StocksBullish

Cisco Beats Estimates as AI Infrastructure Demand Drives Q4 Results

Key Facts

•Cisco reported quarterly earnings of $1.22 per share, exceeding the Zacks Consensus Estimate of $1.17.
•Cisco's current earnings of $1.22 per share compare to $0.99 per share reported a year ago.

Impact:

5/10

4333.HK

about 3 hours ago

StocksBullish

Rio Tinto Secures Tomago Aluminium Future with Long-Term Power Deal Until 2038

Key Facts

•Tomago Aluminium reached an agreement with the Australian and NSW governments to secure competitive power supply until 2038.

Impact:

5/10

RIO RIO.L RIO1.DE RTNTF RTPPF

about 2 hours ago

StocksBullish

Allogene Therapeutics Beats Q2 2026 Estimates on Clinical Progress

Key Facts

•Allogene Therapeutics reported an adjusted EPS loss of $0.13, beating the forecasted loss of $0.17.
•Revenue significantly surpassed expectations driven by clinical advancements, particularly the ALPHA3 trial.

Impact:

5/10

ALLOGENE

about 4 hours ago

StocksBullish

Apple Negotiates with Publishers for Siri AI Training Content

Key Facts

•Apple is in discussions with news publishers to pay for using their content to train Siri's artificial intelligence capabilities.

Impact:

5/10

AAPL

about 2 hours ago

StocksBullish

Suzano Reports R$4.7 Billion Adjusted EBITDA in Q2 2026 Amid Rising Pulp Prices

Key Facts

•Suzano reported adjusted EBITDA of R$4.7 billion for the second quarter of 2026, showing improvements in operating cash generation.

Impact:

5/10

SUZANO

about 2 hours ago

StocksBearish

Longeveron Misses Q2 2026 Estimates Amid Growing Liquidity Concerns

Key Facts

•Longeveron reported Q2 2026 financial results that missed analyst expectations.
•The company is facing liquidity constraints according to its latest earnings report.

Impact:

5/10

LGVN

about 4 hours ago

StocksBullish

Definium Therapeutics Reports Positive Phase 3 Data for GAD Treatment

Key Facts

•Definium Therapeutics achieved positive Phase 3 VOYAGE data for DT120 ODT in generalized anxiety disorder (GAD).
•The drug showed a statistically significant -5.4 placebo-adjusted reduction in HAM-A score at 12 weeks.

Impact:

5/10

about 4 hours ago

StocksBullish

Berkshire Hathaway Becomes Net Stock Buyer Under CEO Greg Abel

Key Facts

•Berkshire Hathaway became a net buyer of stocks for the first time in 14 quarters, deploying nearly $20 billion in Q2.
•CEO Greg Abel completed a $6.8 billion acquisition of homebuilder Taylor Morrison.
•The company repurchased more than $7.8 billion of its own shares despite holding over $360 billion in cash.

Impact:

5/10

BRH.DE BRYN.DE

about 5 hours ago

StocksBullish

Singtel Q1 Profit Surges 21% Driven by Optus and Bharti Airtel Strength

Key Facts

•Singtel reported a 21% rise in first-quarter underlying net profit.
•Growth was driven by strong contributions from Australian unit Optus and regional associates like Bharti Airtel.

Impact:

5/10

SGAPY SNGNF

about 2 hours ago

StocksBullish

S&P 500 Q2 Earnings Surge 41.6% Driven by Record Profit Margins

Key Facts

•S&P 500 companies reported aggregate earnings growth of 41.6% YoY for the second quarter.

Impact:

5/10

about 2 hours ago

StocksBullish

Amcor Q4 Profits Jump 23% Amid Synergy Gains and Cash Flow Headwinds

Key Facts

•Amcor's adjusted EPS increased 23% year-over-year to $1.23 in the fiscal Q4 2026.
•The company achieved $285 million in synergies for the fiscal year, exceeding its initial year-one target.
•Free cash flow was impacted by higher working capital due to the Middle East conflict and accelerated integration spending.

Impact:

5/10

AMCR AMCCF

about 2 hours ago

CommoditiesBullish

Refinery Attacks in Russia and Saudi Arabia Surge European Diesel Margins by 10%

Key Facts

•European diesel refining margins surged by 10% following attacks on Russian and Saudi refining facilities.
•Ukrainian attacks on Russian refineries and Houthi strikes on a Saudi facility have disrupted global fuel supply.

Impact:

6/10

about 6 hours ago

Mergers & AcquisitionsBullish

Kroger Shuts 39 Stores and Acquires Giant Eagle in $1.65 Billion Deal

Key Facts

•Kroger has closed 39 out of 60 targeted underperforming stores to boost operational efficiency.
•Kroger announced the acquisition of regional chain Giant Eagle for $1.65 billion.
•The deal will add 197 supermarkets and 11 pharmacies to Kroger's footprint in the Midwest and Mid-Atlantic.

Impact:

6/10

about 1 hour ago

Mergers & AcquisitionsBullish

AEVEX to Acquire BlackSea Technologies for $650M to Boost Autonomous Defense Capabilities

Key Facts

•AEVEX Corp. signed a definitive agreement to acquire BlackSea Technologies for up to $650 million.

Impact:

5/10

about 6 hours ago

Mergers & AcquisitionsBullish

Dominion Energy Touts $1.78B Merger Benefits Amid Regulatory Scrutiny

Key Facts

•Dominion Energy announced $1.78 billion in bill credits for customers funded by NextEra shareholders.
•The company pledged job protections for all Virginia employees and maintenance of the Richmond headquarters.

Impact:

5/10

0IC9.L 0K80.L

about 4 hours ago

CryptoBearish

MicroStrategy Shifts Strategy, Sells Bitcoin Following Massive Quarterly Loss

Key Facts

•MicroStrategy executed a series of Bitcoin sales during 2026, marking a shift from its perpetual accumulation narrative.

Impact:

5/10

0A7O.L BTC

about 3 hours ago