GE Vernova misses Q2 earnings; CEO raises guidance, says data center orders doubled 2025 total
The power equipment maker's AI-driven data center demand is a key test of whether the electrification trade can outrun its earnings volatility.
Stocktwits · +7 outlets
Weaker qubits: Wolfspeed signs $1.5B DOD loan for silicon carbide semiconductor production and R&D
The loan supports volume expansion at Wolfspeed's Mohawk Valley and Research Triangle Park fabs as the U.S. pushes domestic semiconductor capacity.
Manufacturingdive · +1 outlets
Anduril and U.S. Navy to build $6.6B Arsenal-2 shipyard in Maryland
Arsenal-2 will make components for Virginia-class submarines, extending the Pentagon's push to bring commercial defense manufacturing into naval shipbuilding.
Manufacturingdive · +14 outlets
Boeing lands $14.7B PAC 3 seeker contract as $715B backlog draws scrutiny
The missile defense award lands as investors weigh Boeing's record backlog against weak monthly stock performance and delivery execution risk.
Simply Wall Street · +6 outlets
Trump unveils plans for $15B Mesabi Metallics steel mill in Iowa
The facility would be the largest U.S. steel mill, adding 10 million tons of annual capacity and 1,750 jobs alongside a $3B Minnesota iron ore mine.
Supplychaindive · +14 outlets
Caterpillar slides about 6% as Treasury yields hit multi-decade highs
Rising long-term rates pressured industrial bellwethers even as analyst estimates rose and the company's $72B backlog remained the bull case.
TIKR.com · +9 outlets
Leidos downgraded by J.P. Morgan as defense stocks face rocky earnings season
The downgrade signals caution on defense contractors heading into Q3 results after a strong multi-year run in the sector.
Seeking Alpha · +1 outlets
GE Aerospace wins $113M Navy contract as Wells Fargo trims price target to $380
The engine maker heads toward Oct. 20 results with strong demand but a mixed setup from analysts and recent stock weakness.
AD HOC NEWS · +4 outlets
Honeywell secures $300M refinery deal; Goldman raises target to $271
The order lands as Honeywell works through its Solstice spinoff and broader breakup plan ahead of Oct. 28 results.
AD HOC NEWS · +3 outlets
CBP begins paying IEEPA tariff refunds for finally liquidated entries
Refunds are limited for now to importers of record that submitted valid numbers by July 30, a narrow first step in unwinding contested tariffs.
Supplychaindive · +14 outlets
USTR initiates next stage of USMCA review, seeks public comment
The review follows the U.S. decision this summer not to extend the pact, keeping North American supply chains in flux.
Supplychaindive · +13 outlets
Boston Dynamics hires former Amazon AI leader Rohit Prasad as CEO
The Pickens hire puts a generative AI veteran in charge of the company's push into physical AI and commercial robotics.
Manufacturingdive · +14 outlets
Driverless freight trucks begin autonomous operations in Ohio
The launch marks an expansion of driverless trucking beyond earlier pilot geographies onto public freight corridors.
WSYX · +12 outlets
Amazon launches two new China-to-US air freight services
Air SMP and Economy Air aim to speed inventory replenishment and help sellers manage peak season demand.
Supplychaindive · +14 outlets
UBS names top chemical stocks on industrial and electronics demand
The bank's picks point to a cyclical recovery in chemicals tied to industrial production and chip supply chains.
Investing.com Canada · +3 outlets
Factory backlogs build as freight and steel costs climb
The data suggests manufacturers are booking more work while input and logistics inflation erodes margins.
FreightWaves · +2 outlets
Diesel supply crunch pressures freight contracts and CFO budgets
Carriers signed before diesel prices rose are facing margin pain, with Chevron's CFO expecting energy prices to stay elevated.
Supplychaindive · +1 outlets
Deere faces federal inquiry over repair practices as it joins Yamaha collaboration
The right-to-repair probe adds regulatory risk to the equipment maker's service revenue model.
AD HOC NEWS