SunPower Raises $26.2 Million as Management Targets Profitable Growth
SunPower raises $26.2M as it works to stabilize operations and pursue its turnaround and profitable growth strategy.
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Tyson Foods Slashes Fiscal 2026 Profit and Revenue Outlook Amid Historic Beef Pressures
Tyson Foods cuts fiscal 2026 profit goals and revenue growth projections due to an unprecedented U.S. cattle shortage.
Samsung Life Seeks Major Stake in US Retirement Giant Principal Financial
Samsung Life is in talks to acquire a 15% stake in Principal Financial, potentially becoming its largest shareholder.
Nvidia Buys Hugging Face for $13 Billion — Platform to Stay Open
The platform used by 18 million developers will stay open, with no Nvidia-chip requirement.
Polestar Cuts 2026 Outlook After U.S. Ban Adds $130 Million Hit
Polestar lowered 2026 volume guidance to low-to-mid single digits, missed Q2 revenue estimates, and booked about $130 million in U.S. exit costs after being blocked from selling new vehicles.
Campbell’s Cuts Dividend 36% After Weak Quarter and Soft 2027 Outlook
Campbell’s slashed its dividend to $1.00 and guided FY2027 sales down 2–4% after weak snacks demand and a $117M brand impairment.