Mobix Labs Scores Major U.S. Navy Order for Tomahawk Missile Components as Production Surges
Mobix Labs secures significant order for Tomahawk missile components as U.S. Navy ramps up production—stock surges on defense demand boost.
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AeroVironment Expands in NM, Advances U.S. Space Force SCAR Deal
AeroVironment invests $30M+ in Albuquerque manufacturing, creating 450+ jobs, while negotiating SCAR program contract amendment with U.S. Space Force for faster satellite comms delivery.
Elliott Invests $1B in Pinterest, Fuels $3.5B Share Buyback
Activist investor Elliott Management injects $1 billion into Pinterest via convertible notes at a 30% premium. Pinterest launches $3.5B buyback program, using proceeds for $1B accelerated share repurchase.
Best Buy Surprises Wall Street with Strong Q4 Profits Despite Weaker Sales
Best Buy's fourth-quarter results show strong profits topping analyst estimates, with a slight sales decline but positive outlook for FY27.
Target Signals Turnaround: 2026 Profit Outlook Beats Expectations
Target forecasts upbeat 2026 profits and sales, signaling turnaround success under new CEO Michael Fiddelke. Shares jump 3% as retailer focuses on store upgrades and digital boosts.
Core Scientific Stock Sinks After Q4 Revenue Miss and Accounting Restatement
Core Scientific's (CORZ) shares drop after Q4 2025 results show lower revenue than expected, plus a restatement of past financials due to overstated assets—no impact on key metrics like sales or cash flow.