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Latest financial and economic news and analysis

Accesswire News Agency
6 days ago•Accesswire
Stocks Medium Importance Neutral
Sky Quarry Advances $50 Million Nevada Oil Development Program to Support Lower-Cost Regional Feedstock

Sky Quarry Advances $50 Million Nevada Oil Development Program to Support Lower-Cost Regional Feedstock

Third-party financing is structured to support Nevada producers while remaining non-dilutive to Sky Quarry shareholders. WOODS CROSS, UT / ACCESS Newswire / August 5, 2026 / Sky Quarry Inc. (NASDAQ:SKYQ) ("Sky Quarry" or the "Company"), an energy infrastructure company focused on domestic refining and resource development, today announced that it is advancing a proposed Nevada oil exploration and production initiative targeting up to $50 million of third-party investment in qualified exploration and production companies.

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Seeking Alpha News Agency
6 days ago•Seeking Alpha
Stocks Medium Importance Neutral
Lumen Q2: Another Step Forward

Lumen Q2: Another Step Forward

Lumen Technologies delivered a second straight revenue beat, with Q2 revenues beating estimates despite a 9% YoY decline. Strategic Business revenues, now over half of the Business segment, grew by 14.1%, supporting the company's digital transformation. LUMN maintained full-year guidance, and still expects $1.9 billion to $2.1 billion in free cash flow.

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Seeking Alpha News Agency
6 days ago•Seeking Alpha
Stocks Medium Importance Neutral
Hut 8 Q2 2026: Buy The Transition Before It Shows In Earnings

Hut 8 Q2 2026: Buy The Transition Before It Shows In Earnings

Hut 8 Corp. is transitioning from a bitcoin miner to a power-first, AI-focused infrastructure platform, emphasizing long-term, contracted cash flows. Despite a weak 2Q26 print and GAAP losses driven by bitcoin mark-to-market volatility, HUT's adjusted EBITDA improved and gross margins expanded to 64%. HUT secured $7.5 billion in non-recourse, investment-grade project financing, enabling large-scale campus buildouts without equity dilution or parent-level debt.

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Seeking Alpha News Agency
6 days ago•Seeking Alpha
Stocks Medium Importance Neutral
Cardinal Energy: A Dividend Producer Becoming A Thermal Compounder

Cardinal Energy: A Dividend Producer Becoming A Thermal Compounder

Cardinal Energy is evolving from a conventional dividend producer to a repeatable, modular thermal oil developer with a resilient, low-decline asset base. Reford 1 exceeded nameplate capacity and delivered strong steam efficiency, while Reford 2 is under construction, leveraging fixed-price contracts and proven designs. Q2 saw production up 21%, adjusted funds flow up 150%, and net debt reduced to C$172.7M, supporting dividend sustainability and future growth.

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PRNewsWire News Agency
6 days ago•PRNewsWire
Stocks Medium Importance Neutral
BOW Investors Have Opportunity to Join Bowhead Specialty Holdings Inc. Fraud Investigation with SBS Law

BOW Investors Have Opportunity to Join Bowhead Specialty Holdings Inc. Fraud Investigation with SBS Law

LOS ANGELES, Aug. 5, 2026 /PRNewswire/ -- Schall, Brown & Schwartz LLP ("SBS"), a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors Bowhead Specialty Holdings Inc. ("Bowhead" or "the Company") (NYSE: BOW) for potential breaches of fiduciary duty on the part of its directors and management. INVESTIGATION DETAILS: The investigation focuses on determining if the BOW board breached its fiduciary duties to shareholders.

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Accesswire News Agency
6 days ago•Accesswire
Stocks Medium Importance Neutral
Orogen Royalties Acquires the Two Peaks Project in Arizona

Orogen Royalties Acquires the Two Peaks Project in Arizona

VANCOUVER, BC / ACCESS Newswire / August 5, 2026 / Orogen Royalties Inc. ("Orogen" or the "Company") (TSX.V:OGN) (OTCQX:OGNNF) is pleased to announce the acquisition of the Two Peaks CRD and skarn project in Arizona, USA. Two Peaks Project Highlights Two Peaks is an early-stage, road-accessible project hosting lead-zinc-silver-manganese replacement (CRD) and copper skarn targets in the Laramide porphyry copper belt of southeastern Arizona Project potential is based on the presence of an intrusive centre within a thick package of prospective carbonate rocks.

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PRNewsWire News Agency
6 days ago•PRNewsWire
Stocks Medium Importance Neutral
Pentair plc Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - PNR

Pentair plc Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - PNR

LOS ANGELES, Aug. 5, 2026 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Pentair plc ("Pentair" or "the Company") (NYSE: PNR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Shareholders who purchased shares of PNR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments.

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Seeking Alpha News Agency
6 days ago•Seeking Alpha
Stocks Medium Importance Neutral
Western Digital: Sold Out, De-Levered, And Walking Into FQ4 With Momentum

Western Digital: Sold Out, De-Levered, And Walking Into FQ4 With Momentum

Western Digital remains a high-conviction AI storage play, delivering 114% returns since March and outperforming on Q3 FY26 results. WDC's balance sheet is now net cash positive, following significant deleveraging, increased buybacks, and a robust capital return program. Demand is exceptionally strong, with 2026 capacity sold out, LTAs into 2029, and pricing accelerating on persistent supply-demand imbalances.

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Seeking Alpha News Agency
6 days ago•Seeking Alpha
Stocks Medium Importance Neutral
Inventiva: MASH Is Becoming A Combination Market Before Lanifibranor Arrives

Inventiva: MASH Is Becoming A Combination Market Before Lanifibranor Arrives

Inventiva is positioned as a high-risk, clinical catalyst play targeting MASH with its oral pan-PPAR agonist, lanifibranor. Lanifibranor's potential lies in combination therapy, offering dual metabolic and anti-fibrotic benefits independent of weight loss, complementing GLP-1 and SGLT2 agents. Inventiva has secured sufficient liquidity through Q2 2027, with contingent access to further capital, and has strengthened governance ahead of the pivotal NATiV3 Phase 3 readout.

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Invezz News Agency
6 days ago•Invezz
Stocks Medium Importance Neutral
SpaceX stock's first earnings expose a liability hiding behind Starlink growth

SpaceX stock's first earnings expose a liability hiding behind Starlink growth

SpaceX stock (NASDAQ: SPCX) reversed a 9.4% regular-session gain and fell 7.8% after hours on Tuesday, even after the rocket company delivered revenue above Wall Street forecasts in its first earnings report as a listed business. Second-quarter sales nearly doubled to $7.8 billion, beating expectations near $6.8 billion, while the connectivity division led by Starlink generated $4.3 billion.

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SPCX SPCX
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