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BigBear.ai Stock Gains Despite Target Cuts as Army Sales Decline
BigBear.ai Holdings saw its stock climb roughly 5.5% in premarket trading Friday, even as two brokerages reduced price targets following a disappointing quarterly report. The defense AI firm reported a 38% drop in Q4 revenue to $27.3 million.
FAA Tightens Chicago O'Hare Summer Flight Cap, Squeezing American Airlines' Expansion
The Federal Aviation Administration is pushing for a stricter daily flight limit at Chicago O'Hare this summer, potentially forcing deeper cuts than airlines anticipated. This creates a significant hurdle for American Airlines, which had planned a major expansion at the airport.
Gaxos.ai Surges on Defense Unit's Navy Counter-Drone License
Gaxos.ai shares surged 42% in premarket trading Friday after America First Defense, in which Gaxos is acquiring a 19.99% stake, received a Navy license for its electronic counter-drone system.
Samsara Surges on Strong Q4 Results and Upbeat Long-Term Forecast
Samsara posted better-than-expected fourth-quarter results, with revenue climbing 28% to $444.3 million. The company also issued an optimistic forecast for fiscal 2027, projecting revenue approaching $2 billion.
Aviva Announces £350M Share Repurchase Following Strong 2025 Earnings
Aviva has initiated a £350 million share buyback program following a significant 25% increase in its 2025 operating profit. The insurer also boosted its final dividend payout to shareholders.
Zealand Pharma Stock Crashes on Obesity Drug Data Lagging Lilly
Zealand Pharma A/S shares plunged over 32% Friday after mid-stage trial results for its obesity drug candidate petrelintide showed weight loss well behind Eli Lilly's competing therapy, erasing billions in market value.
Costco Q2 Results Top Estimates, Eyes Tariff Refunds for Member Price Cuts
Costco Wholesale exceeded analyst expectations for its fiscal second quarter, posting strong sales and profit growth. The retailer indicated any future tariff recoveries would be used to reduce prices for members.
Marvell Projects $15 Billion Revenue by 2028 on Surging AI Infrastructure Demand
Marvell Technology issued a bullish long-term forecast, projecting revenue could approach $15 billion by fiscal 2028, significantly above Wall Street expectations. The chipmaker's shares jumped 15% after it also reported strong quarterly results and guidance.
UK Regulator Backs SSE's Early Grid Investment in Scotland
Britain's energy regulator Ofgem has signaled support for SSE's request for early construction funding on eight major Scottish transmission projects, potentially allowing accelerated spending ahead of final approvals.
Compass Group Defies FTSE Slump as 2026 Targets Steady AI Concerns
Compass Group PLC shares climbed 3.18% to 2,306 pence on Thursday, outperforming a declining FTSE 100. The global caterer reaffirmed its 2026 outlook for approximately 7% organic revenue growth and 10% underlying operating profit expansion.
Rio Tinto and WA Government Launch $1.1B Desalination Plant to Ease Pilbara Water Crisis
Rio Tinto and the Western Australian government have formed a joint venture to complete the A$1.1 billion Dampier Seawater Desalination Plant. The project aims to deliver 8 billion litres of water per year to the water-stressed West Pilbara region, with initial output starting in late 2026.
GSK Expands Share Repurchases, Outlines 2026 Growth Strategy Under New CEO
GSK has acquired 650,000 shares for treasury and published its 2025 annual report, showing £32.7B in turnover. CEO Luke Miels forecasts continued profitable growth for 2026.