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Latest financial and economic news and analysis

PYMNTS News Agency
8 hours ago•PYMNTS
Stocks Medium Importance Neutral
OpenAI Seeks Dismissal of Apple Trade Secrets Lawsuit

OpenAI Seeks Dismissal of Apple Trade Secrets Lawsuit

OpenAI asked a judge to dismiss Apple's lawsuit accusing the company of stealing trade secrets. The artificial intelligence startup said Apple's claims have no merit, and its lawsuit falsely portrays its employees' actions, according to documents filed Wednesday (Aug. 5) by OpenAI in federal court.

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AAPL Apple Inc.
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PRNewsWire News Agency
9 hours ago•PRNewsWire
Stocks Medium Importance Neutral
Elong Power Holding Limited Announces the Change of Effective Date of its 1 for 45 Share Consolidations

Elong Power Holding Limited Announces the Change of Effective Date of its 1 for 45 Share Consolidations

BEIJING, Aug. 6, 2026 /PRNewswire/ -- Elong Power Holding Limited (Nasdaq: ELPW) (the "Company"), a provider of high power battery technologies for commercial and specialty alternative energy vehicles and energy storage systems, announced a share consolidation of the Company's issued and outstanding Class A ordinary shares and Class B ordinary shares at a ratio of 1 for 45 shares (the "Reverse Split") earlier today. The Company has announced a change of effective date of the Reverse Split.

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ELPW ELPW
Source: PRNewsWire
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Business Wire News Agency
9 hours ago•Business Wire
Stocks Medium Importance Neutral
Donaldson to Webcast Fourth Quarter Fiscal 2026 Earnings Conference Call

Donaldson to Webcast Fourth Quarter Fiscal 2026 Earnings Conference Call

MINNEAPOLIS--(BUSINESS WIRE)--Donaldson Company, Inc. (NYSE: DCI), a leading worldwide provider of innovative filtration products and solutions, will webcast its fourth quarter 2026 earnings conference call on Wednesday, August 26, 2026, at 9:00 a.m. CT. WEBCAST: To listen to a live webcast of the call, visit the “Events & Presentations” section of Donaldson's Investor Relations website at IR.Donaldson.com and click on the “listen to webcast” option.   REPLAY: The webcast replay will be ava.

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DCI DCI
Source: Business Wire
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PYMNTS News Agency
9 hours ago•PYMNTS
Stocks Medium Importance Neutral
Mercado Libre Free Shipping Converts Monthly Shoppers Into Daily Active Users

Mercado Libre Free Shipping Converts Monthly Shoppers Into Daily Active Users

A year after lowering the threshold for free shipping in Brazil, Mercado Libre has seen the offering drive “a structural change in behavior,” the eCommerce and FinTech company said in a Wednesday (Aug. 5) press release reporting its second-quarter earnings results.

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MELI MELI
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Fast Company News Agency
9 hours ago•Fast Company
Stocks Medium Importance Neutral
Dutch Bros Coffee buys dozens of Salad and Go stores that abruptly closed: See a full list of locations in 4 states

Dutch Bros Coffee buys dozens of Salad and Go stores that abruptly closed: See a full list of locations in 4 states

The dust has not yet settled on Salad and Go's surprise bankruptcy and the abrupt closure of all of its locations, but a fellow Arizona-based restaurant brand is not wasting any time.

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JVA JVA
Source: Fast Company
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Seeking Alpha News Agency
9 hours ago•Seeking Alpha
Stocks Medium Importance Neutral
Celestica Just Unloaded Bad News - Buy It

Celestica Just Unloaded Bad News - Buy It

Celestica Inc. delivered a strong Q2 CY26, with accelerating AI networking switch revenues and significant gross margin expansion. CLS is capitalizing on hyperscaler demand by investing $1B in capex, securing raw materials to support unprecedented growth and margin resilience. The recent $3B equity offering, while dilutive short-term (~8.4–10%), strategically funds capex and positions CLS for sustained high growth and margin expansion.

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CLS CLS
Source: Seeking Alpha
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TechCrunch News Agency
9 hours ago•TechCrunch
Stocks Medium Importance Neutral
Tesla and SpaceX will invest $16.8B to start building ‘Terafab' chip factory in Texas

Tesla and SpaceX will invest $16.8B to start building ‘Terafab' chip factory in Texas

Tesla and SpaceX said Thursday that “Terafab,” the advanced chip factory they are jointly developing, will be built in Grimes County, Texas, outside Houston, and that they will make an initial investment of $16.8 billion in the project.

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TSLA Tesla, Inc.
Source: TechCrunch
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Newsfile Corp News Agency
9 hours ago•Newsfile Corp
Stocks Medium Importance Neutral
FSLR FINAL DEADLINE: ROSEN, A LEADING NATIONAL FIRM, Encourages First Solar, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action - FSLR

FSLR FINAL DEADLINE: ROSEN, A LEADING NATIONAL FIRM, Encourages First Solar, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action - FSLR

New York, New York--(Newsfile Corp. - August 6, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of First Solar, Inc. (NASDAQ: FSLR) between February 26, 2025 and February 24, 2026, inclusive (the "Class Period"), of the important August 24, 2026 lead plaintiff deadline. SO WHAT: If you purchased First Solar securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

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FSLR FSLR
Source: Newsfile Corp
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Newsfile Corp News Agency
9 hours ago•Newsfile Corp
Stocks Medium Importance Neutral
BTU CLASS ACTION NOTICE: Faruqi & Faruqi, LLP Reminds Peabody Energy Investors of Securities Class Action Lawsuit Deadline on August 24, 2026

BTU CLASS ACTION NOTICE: Faruqi & Faruqi, LLP Reminds Peabody Energy Investors of Securities Class Action Lawsuit Deadline on August 24, 2026

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Peabody Energy To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in Peabody Energy between October 14, 2024 and May 4, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] New York, New York--(Newsfile Corp. - August 6, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Peabody Energy Corporation ("Peabody Energy" or the "Company") (NYSE: BTU) and reminds investors of the August 24, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

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BTU BTU
Source: Newsfile Corp
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Invezz News Agency
9 hours ago•Invezz
Stocks Medium Importance Neutral
Why is D-Wave stock falling 5% today?

Why is D-Wave stock falling 5% today?

D-Wave Quantum shares QBTS fell about 5% on Thursday after the quantum computing company reported second-quarter revenue and earnings that missed Wall Street expectations, overshadowing a sharp increase in customer bookings. The Florida-based company reported second-quarter revenue of $3.08 million, below analysts' estimates of approximately $4.08 million.

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QBTS QBTS
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