Strong Aerospace Demand Drives Astronics to Record Q2 and Upbeat Outlook
Astronics reported record Q2 sales of $260M (+27%), strong profit margins, and raised 2026 revenue guidance to $1.02–$1.04B, beating estimates.
NOTRELOAD AI
CoreWeave Q2 Revenue More Than Doubles to $2.58 Billion as AI Demand Hits Inflection Point
CoreWeave raises full-year guidance and CapEx to $35-39B after Q2, with revenue backlog hitting $104.2B amid strong AI demand.
Super Micro Soars on Q4 Blowout and FY2027 Revenue Guidance Well Above Consensus
Record backlog and >$60B in new orders drove SMCI’s after-hours jump. FY2027 revenue guided to $65–72B, far above the $52.5B consensus.
Hub Group Shares Drop as Accounting Restatement Delay Raises Nasdaq Delisting Risk
Must file restated financials by Sept. 14 or face Nasdaq delisting.
Mereo BioPharma Secures Major Option Deal for Alvelestat and Extends Cash Runway
Mereo BioPharma shares rose ~27% after a key option-and-license deal for alvelestat with Sentynl and an updated cash runway into late 2027.
Intel CEO Lip-Bu Tan Gets Washington’s Green Light for $20 Billion Share Sale
After securing Commerce Department backing, Intel upsized its share sale to $20 billion. Proceeds will support the Ohio factory and AI growth.