43m ago
IQM reiterates 2026 outlook after Nasdaq IPO, with order backlog topping €102 million
Finnish quantum computing hardware maker IQM has reaffirmed its 2026 financial outlook after completing its Nasdaq initial public offering. The company reported first-half revenue of €8.9 million and an operating loss of €60.5 million, with cash of €309.4 million as of July 2 and an order backlog above €102.1 million. It said the IPO proceeds will be used to expand manufacturing capacity, advance product development and grow its international operations.
43m ago
50m ago
Airtel tops estimates with ₹33,599 crore EBITDA as Morepen hits 20% upper circuit and Greaves drops over 15%
Several Indian listed companies reported quarterly results, with Bharti Airtel posting EBITDA of ₹33,599 crore above market expectations. Morepen Laboratories’ shares hit a 20% upper circuit, while Greaves Cotton fell sharply. Marico reported a 27% year-on-year rise in net profit to ₹652 crore, also ahead of estimates. The updates highlight earnings momentum in India’s telecom and consumer segments during the results season.
50m ago
50m ago
CBL International regains Nasdaq compliance after BANL closes at $1 or above for 10 sessions through July 31, 2026
CBL International received a Nasdaq notice on August 12, 2025 after its shares closed below $1 for 30 consecutive trading days, triggering a 180-day compliance window through February 9, 2026. The company carried out a 1-for-13 share consolidation on July 20, 2026, after which its Class B ordinary shares closed at $1 or higher for 10 straight sessions from July 20 to July 31. On that basis, Nasdaq confirmed the company has regained compliance with the minimum bid price requirement. The development reflects a listing compliance update rather than a change in fundamentals or a direct driver of asset prices.
50m ago
1h ago
Dow jumps 658 points to a record as S&P 500 nears all-time closing high and oil prices fall
Major U.S. stock indexes advanced, with the S&P 500 up 0.6% and nearing its all-time closing high, while the Dow rose 658 points (1.2%) to a record and the Nasdaq gained 1.1%. Palantir surged after reporting 93% year-over-year revenue growth, and Caterpillar climbed after quarterly sales topped $20 billion for the first time and results beat expectations. The gains were driven by strong earnings among index constituents, underscoring how improving corporate fundamentals can lift broad benchmarks.
1h ago