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Commonwealth Fusion Systems Secures $1 Billion in Equity Funding Round

Commonwealth Fusion Systems said Thursday it has raised $1 billion in fresh equity financing to accelerate commercialization, specifically supporting the final assembly of its Sparc fusion demonstration machine in Devens, Massachusetts.The new funding brings its total capital raised to $4 billion.The company already submitted an interconnection application to PJM Interconnection. CFS remains on track to deliver commercial fusion power to the grid in the early 2030, it added.This timeline is further underpinned by strategic partnerships and power purchase agreements with major buyers, including Dominion Energy (D), Google (GOOG), and Eni (E).

$D$E$GOOGL

Mining & Metals15d ago

Earnings Flash (GOOS.TO) Canada Goose Reports Fiscal Q1 Revenue C$118.9M, vs. FactSet Est of C$108.4M

$GOOS.TO

Asia15d ago

Rorze Reports Minor Damage at Kyushu Factory After Kumamoto Earthquake

Rorze (TYO:6323) said it has reported minor damage to buildings and facilities at its Kyushu Factory in Koshi City, Japan, following the 2026 Kumamoto earthquake, according to a Tokyo Stock Exchange filing on Thursday.The semiconductor automation supplier said the earthquake caused no material impact on its business and there were no employee casualties at the plant.The company is investigating the impact on buildings and equipment at the factory and will disclose any future impact.

TYO:6323

Research15d ago

Berenberg Upgrades Rio Tinto to Buy From Hold, Raises Price Target to $113 From $107

Rio Tinto's (RIO) US stock has an average rating of overweight and mean price target of $107.42, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

$RIO

Mining & Metals15d ago

Earnings Flash (SDE.TO) Spartan Delta Reports Q2 Oil & Gas Sales C$183.7M

$SDE.TO

Commodities15d ago

Borr Drilling JV Completes Acquisition of 5 Jack-Up Rigs in Mexico

Borr Drilling (BORR) said Wednesday its joint venture BC Ventures has completed the acquisition of five premium jack-up rigs in Mexico from Fontis Finance for $287 million.Borr's fleet now consists of 34 rigs following the transaction. Borr holds a 50% interest in BC Ventures, while its long-term well construction partner in Mexico holds the other 50%.The joint venture owners contributed $25 million each to finance the acquisition. BC Ventures also tapped a $237 million non-recourse seller's credit to acquire the rigs, the statement said.The assets include two Friede & Goldman JU-2000E design rigs and three LeTourneau Super 116-C design rigs, the company said.

$BORR

Asia15d ago

Pegatron OKs $50 Million Capital Reduction in Subsidiary

Pegatron (TPE:4938) board approved a $50 million capital reduction at its unit, Pegatron Holding, to improve treasury management efficiency.The capital reduction will cancel 50 million shares, representing 5.31% of the subsidiary's share capital, according to a Thursday Taiwan Exchange filing.

TPE:4938

Equities15d ago

Valero Energy's Q2 Adjusted Earnings, Revenue Increase

Valero Energy (VLO) reported Q2 adjusted earnings Thursday of $12.54 per diluted share, up from $2.28 a year ago.Analysts polled by FactSet expected $10.13.Revenue for the quarter ended June 30 was $44.48 billion, compared with $29.89 billion a year ago.Analysts expected $39.47 billion.Valero Energy stock was up more than 2% premarket Thursday.

$VLO

Commodities15d ago

Halliburton to Develop Data Center for Beetaloo in Australia

Halliburton (HAL) has entered an agreement to develop Australian energy firm Beetaloo Energy's a vertically integrated data center project in the Northern Territory of Australia, according to Beetaloo Thursday.As per the non-binding memorandum of understanding, Halliburton is expected to provide technical services support to assess and develop upstream gas resources required for the project, Beetaloo Energy said in a statement on Thursday.The project will rely on Beetaloo Energy's Beetaloo Basin gas resources and a newly acquired 185-hectare site at Weddell, near Darwin.Halliburton is expected to help with upstream field development, integrated drilling services, and project execution.The project is contingent upon concept studies, consortium formation, financing, and relevant government and regulatory approvals, the statement said.Beetaloo Digital is a wholly-owned subsidiary of Beetaloo Energy which intends to create a vertically integrated infrastructure supported by the parent company's gas resource in the Beetaloo Basin, Northern Territory.It intends to produce new capacity instead of using power from the existing grid, the statement said.

$HAL

Mining & Metals15d ago

CORRECTION: Earnings Flash (BBD-B.TO) Bombardier Inc. Posts Q2 Adjusted EPS $2.50, vs. FactSet Est of $1.33 (Corrects FactSet Est)

$BBD-B.TO

Mining & Metals15d ago

Earnings Flash (BBD-B.TO) Bombardier Inc. Reports Q2 Revenue $2.15B, vs. FactSet Est of $2.13B

$BBD-B.TO

Asia15d ago

Samsung Electronics to Invest KRW495 Billion in Samsung Venture Fund

Samsung Electronics (KRX:005930) plans to invest in SVIC No. 82, a technology investment fund established by Samsung Venture Investment Corporation, the electronics products maker said.Samsung Electronics will invest 495 billion won, while Samsung Venture will contribute 5 billion won, bringing the fund's total size to 500 billion won, according to its Thursday filing with the Korean bourse.

KRX:005930

Asia15d ago

HonPrecision Posts Attributable Net Profit of NT$10.1 Billion

HonPrecision (TPE:7769) posted net profit attributable to shareholders of NT$10.1 billion, or NT$ 56.14 per share, in the second quarter ended June 30.Operating revenue stood at NT$24.5 billion, while gross profit came in at NT$13.8 billion, according to a Thursday Taiwan Exchange filing.

TPE:7769

Mining & Metals15d ago

Earnings Flash (BBD-B.TO) Bombardier Inc. Posts Q2 Adjusted EPS $2.50, vs. FactSet Est of $1.87

$BBD-B.TO

Mining & Metals15d ago

AltaGas Posts Higher Q2 Normalized Net Income YoY

AltaGas (ALA.TO) reported second-quarter normalized net income of C$97 million, or C$0.31 per share, up from C$81 million, or C$0.27 per share, in the year-ago quarter.Analysts polled by FactSet expected C$0.22.Revenue was C$3.80 billion, up from C$2.84 billion in the prior-year period.Analysts expected C$2.74 billion.AltaGas increased its 2026 normalized earnings per share guidance by 6% to a range of C$2.35 to C$2.60.

$ALA.TO

Mining & Metals15d ago

Earnings Flash (TRP) TC Energy Posts Q2 Comparable EPS C$0.94, vs. FactSet Est of C$0.85

$TRP

Asia15d ago

Acbel Polytech Trims Cash Dividend

Acbel Polytech (TPE:6282) cut its cash dividend from capital surplus to NT$0.79 per share from NT$0.80 per share, according to a Thursday Taiwan Exchange filing.The company made the reduction after converting convertible bonds into shares, which increased the number of outstanding shares.The total cash distribution remains unchanged at NT$684.8 million, it said.

TPE:6282

Asia15d ago

PCCW Narrows Loss in H1

PCCW (HKG:0008) recorded an attributable loss of HK$276 million for the first half of 2026, narrower than HK$445 million a year prior.Loss per share stood at HK$0.0357 in the interim period, compared with HK$0.0575 previously, according to a Thursday Hong Kong bourse filing.The information and communication technology company's revenue climbed 7% to HK$20.2 billion from HK$18.9 billion in the year-ago period.The narrower loss was driven by lower finance costs and a higher contribution from associates and investments.The company declared an interim dividend of HK$0.0977 per ordinary share, payable on or around Sept. 4 to shareholders of record on Aug. 18.

HKG:0008

Mining & Metals15d ago

Earnings Flash (L.TO) Loblaw Companies Reports Q2 Total Revenue C$15.27B

$L.TO

Asia15d ago

Samsung Electronics to Invest KRW297 Billion in Venture Fund

Samsung Electronics (KRX:005930) plans to invest 297 billion won in SVIC No. 83, a technology investment fund established by Samsung Venture Investment, the electronics products maker said in a Thursday filing with the Korean bourse.Samsung Venture Investment will contribute 3 billion won, bringing the fund's total size to 300 billion won, according to the filing.Shares of Samsung Electronics fell nearly 1% at market close.

KRX:005930

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