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The Marked Chart Wire · Business
Kratos Defense
Kratos Defense reported third-quarter earnings of $0.24 per share, exceeding the $0.21 estimate. Revenue came in at $471.8 million, slightly above the $471.15 million forecast.
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Meta Financing
The company sold five debt instruments with rates ranging from 5.85% to 7.50% and maturities through 2056. Underwriters bought an extra 6 million shares, bringing the total forward-sale agreement to 46 million units.
HotIren
Iren Limited posted $228 million in total revenue, up 66 percent, with AI cloud sales reaching $200 million. The company's net loss narrowed to $263 million as it shifts focus from Bitcoin mining to AI infrastructure.
HotSony Earnings
Sony reported second-quarter revenue of $21.75 billion, exceeding expectations, and raised its full-year sales guidance to $82.44 billion. Earnings per share came in at $0.49, well above the $0.39 forecast.
DraftKings Earnings
DraftKings reported an adjusted loss of 53 cents per share, missing the expected 25-cent loss. Revenue came in at $1.329 billion, below the $1.39 billion forecast.
HotNuScale Power
NuScale Power reported a loss of $0.11 per share, beating expectations of $0.12. Revenue came in at $281,000, significantly below the $4.03 million forecast.
HotIonQ
IonQ reported third quarter revenue of $173.8 million, up 336 percent year over year, and increased its full-year outlook to between $505 million and $515 million. The company also announced a partnership with Nvidia for its Superion 256 system.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.