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News
Peloton: Net Debt Plunges 80% As First Full-Year Profitability Fuels Connected Wellness Expansion
9+ hour, 23+ min ago (358+ words) Peloton Interactive ended fiscal 2026 with its first full year of GAAP profitability while reducing net debt by 80%, giving the company greater financial flexibility as it expands beyond connected cycling into a broader connected wellness platform. Peloton’s net debt declined by…...
Sabre: Free Cash Flow Turns Positive As Adjusted EBITDA Jumps 21%
10+ hour, 54+ min ago (384+ words) Sabre reported a sharp improvement in cash generation and profitability during the second quarter of 2026, with free cash flow turning positive and adjusted EBITDA increasing 21% year-over-year as growth in its travel marketplace offset softness in Airline Technology. Free cash flow…...
RXO: Truckload Spot Mix Jumps To 42% As Gross Profit Per Load Posts Best Growth In Four Years
9+ hour, 25+ min ago (379+ words) RXO reported its strongest sequential increase in truckload gross profit per load in four years during the second quarter of 2026 as spot-market activity accelerated and the freight broker began seeing signs of an early recovery in the transportation cycle. Truckload…...
Aspen Aerogels: Thermal Barrier Revenue Jumps 81% As Jaguar Land Rover Adds Two Next-Generation Vehicle Architectures
9+ hour, 39+ min ago (467+ words) Aspen Aerogels reported an 81% sequential increase in Thermal Barrier revenue during the second quarter of 2026 as demand stabilized in North America, European EV programs continued ramping and the company secured a new PyroThin award covering two next-generation Jaguar Land Rover…...
Vistance Networks: $3.4 Billion Returned To Shareholders As Company Targets $750 Million Cash And Zero Debt
9+ hour, 17+ min ago (387+ words) Vistance Networks is completing a sweeping portfolio and balance-sheet transformation that is expected to result in $3.4 billion of total shareholder distributions during 2026 while leaving the networking technology company with as much as $750 million of cash and no outstanding debt. The…...
Genius Sports: Revenue Outlook Tops $1 Billion As Adjusted EBITDA Margin Targets 28.6%
9+ hour, 25+ min ago (343+ words) Genius Sports raised its full-year 2026 outlook after exceeding second-quarter guidance, with the sports data and technology company now expecting revenue to surpass $1 billion and its Adjusted EBITDA margin to approach 29%. Genius now expects 2026 Group Revenue of $1.005 billion to $1.025 billion, compared…...
Hertz: Oro Mobility Surpasses 6 Million Miles As Uber Robotaxi Partnership Prepares For Launch
9+ hour, 39+ min ago (459+ words) Hertz Global Holdings is expanding deeper into autonomous mobility through its affiliated operating company Oro Mobility, which has now logged more than 6 million miles through its managed fleet business and is preparing to support its first autonomous vehicle deployment with…...
Targa Resources: NGL Fractionation Jumps 24% To Record 1.2 Million Barrels Per Day As $4.5 Billion Expansion Advances
9+ hour, 40+ min ago (449+ words) Targa Resources reported record NGL fractionation, transportation and export volumes during the second quarter of 2026 as continued Permian Basin growth and new infrastructure drove record Adjusted EBITDA. Fractionation volumes increased 24% year-over-year to approximately 1.206 million barrels per day from 969,100 barrels per…...
Berkshire Hathaway: Equity Purchases Reach $39.4 Billion As Q2 Share Buybacks Surge To $4.5 Billion
10+ hour, 5+ min ago (485+ words) Berkshire Hathaway substantially increased its capital deployment during the first half of 2026, purchasing $39.4 billion of equity securities while also accelerating repurchases of its own shares to approximately $4.5 billion during the second quarter. Berkshire purchased $39.405 billion of equity securities during the…...
Gen Digital: Trust-Based Solutions Revenue Jumps 26% As Paid Customers Reach 81 Million
19+ hour, 40+ min ago (439+ words) Gen Digital reported strong growth in its Trust-Based Solutions business as the cybersecurity and financial wellness company continues to expand beyond its traditional Norton and Avast consumer security products. Trust-Based Solutions revenue reached approximately $490 million in Gen’s fiscal first quarter…...