BigBear.ai (NYSE:BBAI) shares tumbled after the company’s second quarter earnings fell short of estimates and it lowered its full year outlook.
The provider of AI-powered intelligence solutions posted Q2 revenue of $32.47 million, which missed estimates of $41.17 million. This marked an 18% year-over-year revenue decline driven mainly by lower volume on certain US Army programs.
Kodak (NYSE:KODK) has issued a “going concern’ warning alongside its second quarter results, signalling doubt about the film and commercial printing company’s ability to continue operations.
Kodak posted a $26 million net loss and a 1% year-over-year decline in revenue to $263 million for the second quarter.
New Era Helium Inc (NASDAQ:NEHC) announced it has changed its name to New Era Energy & Digital to reflect a strategic shift toward supplying power and infrastructure for next-generation AI data centers.
The company said the rebrand follows its transformation into a vertically integrated energy supplier focused on digital infrastructure and integrated power assets, including powered land and powered shells.
Spirit Aviation Holdings Inc (NYSEAMERICAN:FLYY) has warned of “substantial doubt” about its ability to continue operating, citing weakening demand and the need for additional cash to meet debt and credit-card processor requirements.
The budget carrier said travelers have cut back on flights since President Donald Trump announced tariffs, and it may sell aircraft and airport gate rights to raise funds as collateral.
Hanesbrands (NYSE:HBI) shares popped almost 37% premarket on a report that it will be acquired by Canada’s Gildan Activewear (NYSE:GIL) for $5 billion, including debt.
Per a report from the Financial Times, which cited people with knowledge of the matter, talks are at an advanced stage. A deal could be finalized by the end of the week, the publication reported.
Circle Internet Group (NYSE:CRCL) shares jumped before Tuesday’s opening bell as it delivered a revenue beat for its first quarter as a publicly traded company.
The financial technology company reported that its total revenue and reserve income grew 53% year-over-year to $658 million, exceeding analyst estimates of approximately $646 million.
Polarean Imaging PLC's (AIM:POLX, OTC:PLLWF) shares surged 15% after the company submitted a phase III clinical trial protocol to the US Food and Drug Administration, aiming to broaden the use of its lung imaging agent, XENOVIEW.
Already approved for ventilation imaging, Polarean hopes to expand XENOVIEW’s indication to include quantitative gas-exchange imaging, a technique that measures how efficiently the lungs transfer gas from the air into the bloodstream, a vital sign of lung health.
Atalaya Mining's (AIM:ATYM, TSX:AYM) shares rose 7% following a strong set of financial results for the second quarter and first half of 2025, marked by record earnings and positive revisions to its full-year outlook.
The copper producer reported 13,175 tonnes of copper output in Q2, boosting half-year production to 27,466 tonnes, up from 22,249 tonnes a year earlier, thanks to higher grades and efficient plant performance.