HPE Misses 2026 Guidance Amid AI Infrastructure Shift
Hewlett Packard Enterprise announces weaker-than-expected guidance for 2026 as it shifts focus to AI infrastructure, despite increasing dividends and buyback programs.
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Intermodal Efficiency Drives J.B. Hunt's Higher Income in the Third Quarter
J.B. Hunt boosted Q3 earnings 18% ($1.76/share). Revenue was flat, but cost-cutting & efficient truck-rail operations drove higher profits.
United Airlines Q3 Earnings Beat Expectations, Strong Q4 Outlook Ahead
United Airlines beats Q3 profit forecasts with strong premium seat sales, predicts even better Q4 results driven by loyal travelers.
AppLovin Shuts Down Array Product Amid App Installation Controversy
AppLovin has discontinued its Array product following allegations that apps were being installed on Android phones without user consent, affecting T-Mobile and Samsung devices.
Archer Aviation Acquires Lilium's Patent Portfolio to Strengthen U.S. Leadership in Electric Aviation
Archer Aviation purchases Lilium's 300+ eVTOL patents for €18M, gaining advanced electric aircraft technology in ducted fans, battery systems, and flight controls to boost innovation.
TrueCar Going Private: Founder Returns in $227M Deal
TrueCar founder Scott Painter is taking the automotive marketplace private in a $227 million all-cash deal at $2.55 per share, with plans to return as CEO.