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GWH News30 articles
Eos Energy Shares Tumble 15% on Related-Party Revenue Concentration
Eos Energy (EOSE) dropped 15% as Q2 revenue revealed 80% came from a related-party project, highlighting limited revenue diversity and execution concerns.
Eos Energy Surges on First European Storage Deal, Production Milestone
Eos Energy shares surged 11.7% on news of a binding supply agreement for the DACH region and the start of commercial production at its second battery line, signaling growing demand and scaling capacity.
AO World Shares Slide 4% as Jessops Deal Fails to Lift Profit Outlook
AO World shares fell 4% after acquiring Jessops but keeping full-year guidance unchanged. First-half pretax profit is expected to exceed £21.5 million.
Australia's Jobless Rate Hits 4.6%, RBA Rate Hike Still Expected
Australia's unemployment rate climbed to 4.6% in August, its highest in nearly five years, even as the economy added 39,500 jobs. Despite the softness, traders still price a 96.5% chance of an RBA rate hike next week.
Mortgage Rates Climb to 6.95%, Pressuring Rocket Shares
Freddie Mac's 30-year mortgage rate jumped to 6.95%, up 19 basis points in a week. Rocket Companies (RKT) shares fell 2.2% to $12.46, near their 52-week low.
OpenAI Prices GPT-6 Sol at $2 per Million Tokens, Pressuring Microsoft's Cloud Margins
OpenAI's new GPT-6 Sol model costs $2 per million input tokens and $10 per million output tokens, 80% less than Astra. Microsoft shares fell 0.72% to $498.00.
Stock Futures Rally as Oil Slump Offsets Treasury Yield Pressure
US stock futures advanced Monday as lower oil prices and constructive US-China talks improved risk appetite, with Nasdaq-100 futures up 1.09% despite the 10-year Treasury yield hovering near 5%.
Facebook Users Report Global Access Issues; Meta Dashboard Shows No Disruption
Facebook users across nine countries reported access issues on Sunday, but Meta's business dashboard showed no service disruptions. Meta shares closed at $665.75 on Friday.
Beats Studio Pro Hits $149 at Walmart, Signaling Accessories Recovery
Walmart slashed Beats Studio Pro to $149, 57.4% off list. Apple's accessories growth is uneven, raising questions about pricing power.
Kang's London City Lionesses: Training Hub Set to Open Within a Year
Owner Michele Kang expects the new training center to open within a year, but the club's latest accounts show a £10.6M loss, highlighting the challenge of building a self-sustaining business.
AmEx Business Savings: 2.95% APY to Fuel Deposit Growth
American Express has launched Business Savings with a 2.95% APY, aiming to deepen small-business relationships and expand its $157B deposit franchise. The move's impact hinges on deposit durability and cost.
Stingray Radio Revenue Dips 6.5% in Fiscal Q1; VOCM Parent Sees Ad Weakness
Stingray Group's radio revenue fell 6.5% in fiscal Q1 to C$32.0M, with local ad sales weak. VOCM parent's stock slipped 2.9% to C$15.19.
Treasury Yield Hits 5%, Pressuring Small Caps as Major Indexes Drift
The 10-year Treasury yield climbed back to 5%, hitting small caps hardest while the S&P 500 and Nasdaq held steady. Oil prices declined, but rate worries remain.
Danone Faces Second Recall of So Delicious Dessert; Shares Dip
Danone's So Delicious Salted Caramel Cluster frozen dessert is recalled again for foreign material, impacting Target and Walmart. Shares dipped 1.6%.
Berkshire Hathaway Finalizes Succession: Howard Buffett Named Chairman, Abel Remains CEO
Berkshire Hathaway finalizes its succession plan, with Howard Buffett taking the chairman role and Warren Buffett becoming chairman emeritus, while Greg Abel continues as CEO.
UK Chancellor Pushes for British Access to EU 'Made in Europe' Rules
UK Chancellor John Healey will urge EU finance ministers to include British factories in 'Made in Europe' procurement rules, a move that could affect automakers like BMW, Nissan, and Tata Motors.
Apple Launches AirPods 5 at $129 with ANC, Aiming to Revive Accessories Growth
Apple's AirPods 5 hit stores Friday at $129, featuring active noise cancellation. The launch tests the company's slow-growing accessories segment, with shares flat in premarket.
UK Budget Review Threatens Holiday-Let Business Rates Relief
The UK Treasury is reviewing holiday-let tax rules, with potential reclassification to second homes threatening business rates relief ahead of the October 28 Budget.
Amazon's Prime Big Deal Days to Test Retail Margins Amid Shipping Cost Pressures
Amazon's Prime Big Deal Days kicks off Oct 6-7, testing whether higher-margin revenue streams can offset shipping cost pressures and preserve the 7.9% North America operating margin.
McDonald's Ties WoW Beta Access to Loyalty Program
McDonald's Australia is offering WoW: Forever beta keys for 1,000 MyMacca's points, a low threshold to boost app engagement. The promotion runs until Oct. 20.
CoreWeave's Dual Financing Move Pressures Shares
CoreWeave shares slipped 2.2% after the company unveiled a $3 billion convertible note offering and a 35 million-share ATM program, as investors weighed dilution against growth prospects.
World of Warcraft: Forever Beta Launches with Gamepad Support and Paid Access
Blizzard has opened the World of Warcraft: Forever beta, introducing official gamepad support and paid access tiers ahead of its November 4 launch. The beta runs from September 17 to October 21, with monetization tied to subscription and upgrade packs.
onsemi's 2030 Targets Fail to Impress, Shares Slide 9%
onsemi's 2030 growth plan, featuring $3.5B free cash flow and 53% gross margins, was met with a 9% stock selloff as investors question execution.
Treasury Buyback Success Questioned as 10-Year Yield Tops 5%
Bessent hails $6B buyback as successful, but 10-year yield remains above 5%, raising questions about the program's impact on long-term rates.
Tariff Documents Reveal Cost Pressures on Airbus and Novelis Alabama Projects
Emails reveal tariff costs threatening Airbus and Novelis Alabama projects. Novelis reports $143M EBITDA impact; Airbus expands Mobile despite challenges.
Myer's Exposure to Cue Insolvency: A Test of Concession Model Resilience
Myer's shares were unchanged as Cue Clothing entered receivership, with the impact depending on a successful sale and the concession model's resilience.
Apple's iOS 27 Child Safety Features Boost Ecosystem Stickiness
Apple's new family controls in iOS 27 are a retention play, not a revenue generator. The features deepen ecosystem lock-in, supporting Services growth.
Bell Media's Q2 Revenue Surge Masks Margin Pressure at BCE
BCE's media arm posted strong Q2 revenue growth, but margin contraction and rising costs temper the outlook. CTV's standalone profitability remains undisclosed.
Messi Signs Deal for CD Eldense Control, Pending Regulatory Approval
Lionel Messi has signed to buy CD Eldense, but the deal is pending regulatory approval from Spain's CSD. The purchase price remains undisclosed, leaving the investment case incomplete.
IperionX's GenX Titanium Process Hits Key Milestone in 41-Hour Test
IperionX's GenX titanium process achieved 6x throughput and 75% lower power in a 41-hour test, but unit costs remain undisclosed. Shares rose 2.4%.