latest news in companies
Cisco Surpasses Q2 Estimates with AI Momentum, Yet Shares Stumble
San Jose, Wednesday, 11 February 2026.
Despite beating Wall Street estimates with $15.3 billion in revenue and securing $2.1 billion in AI infrastructure orders, Cisco shares slipped. The market’s counterintuitive reaction signals that investor focus has shifted from current operational beats to broader valuation concerns within the hardware sector.
Select S&P 500 Leaders Achieve Dual Milestones of Sales Growth and Margin Expansion
New York, Wednesday, 11 February 2026.
A distinct cohort, including Palantir and Alphabet, distinguishes itself this earnings season by successfully combining double-digit revenue surges with expanded profit margins, signaling robust operational efficiency.
Shopify Beats Revenue Estimates and Reveals $2 Billion Stock Repurchase
Ottawa, Wednesday, 11 February 2026.
On February 11, 2026, Shopify reported a 31% surge in holiday-quarter revenue, reaching $3.67 billion and defying economic headwinds. Buoyed by resilient consumer spending and a strong 2026 outlook, the e-commerce giant also authorized a new $2 billion share buyback program, signaling robust confidence in its long-term growth.
FDA Declines Review of Moderna’s Flu Vaccine Application Citing Study Design Issues
Cambridge, Wednesday, 11 February 2026.
The FDA rejected Moderna’s application over comparator selection—a decision management calls inconsistent with prior feedback—triggering a 9% stock drop despite unchanged 2026 financial guidance.
SPACSphere Acquisition Corp. Raises $172.5 Million to Target Digital Assets and Healthcare
New York, Tuesday, 10 February 2026.
On February 9, 2026, SPACSphere Acquisition Corp. finalized its $172.5 million initial public offering. Led by sole bookrunner D. Boral Capital, the oversubscribed launch positions the company to aggressively pursue mergers within the evolving digital asset, technology, and healthcare sectors.
Warner Bros. Taps Mike Flanagan for New Feature Adaptation of Stephen King’s The Mist
Burbank, Tuesday, 10 February 2026.
Warner Bros. secures Mike Flanagan to write and direct a new adaptation of Stephen King’s The Mist, continuing their strategic partnership following the critical success of Doctor Sleep.
Chromalloy Expands Aftermarket Options with FAA Approval for V2500 Engine Blades
Palm Beach Gardens, Tuesday, 10 February 2026.
On February 10, 2026, Chromalloy secured FAA approval for its V2500 compressor blade, offering a certified alternative for Airbus A320ceo operators backed by over six billion flight hours of performance data.
Interactive Strength Inc. Escalates Debt Dispute with Plan to Auction Sportstech Shares
Austin, Tuesday, 10 February 2026.
Interactive Strength Inc. is enforcing a defaulted $6 million loan by auctioning 100% of Sportstech’s shares in Germany this March, explicitly citing a loss of patience with the borrower’s posturing.