GE Vernova Sees $200 Billion Backlog Coming Early as Electricity Demand Cycle Builds
Backlog $176B; $200B now expected very early 2027. Next proof points: Oct and Jan.
/ 573 items
#Event-Driven Stocks↓
Rising Costs Prompt Rare Earnings Warning From J.B. Hunt
Freight demand looks healthy, but J.B. Hunt warned that higher costs will pressure Q3 earnings versus Q2. Results are due mid-October.
Axon Stock Slumps on Dilution Fears After $1 Billion Notes Plan
Axon plans $1 billion of 0% convertible notes due 2031, plus a $150 million option.
Senate Blocks Clarity Act in 49-50 Vote, Stalling Crypto Market Rules
Senators failed to reach 60 votes on the Clarity Act. All Democrats and four Republicans stopped debate on digital asset rules.
Veea and NovaGen Sign Term Sheet to Launch Edge AI Home Health Platform
Veea and NovaGen signed a term sheet to combine and launch NovaGen Health Networks, a two-stage home health platform. The merger is not closed.
Enova Withdraws Grasshopper Bank Deal as Shares Fall
Online lender Enova abandoned its $369 million Grasshopper deal, saying bank rules lack clear standards. It reaffirmed growth targets and plans more buybacks.