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Business

Patterson-UTI Energy, Inc. (NASDAQ: PTEN) Reports a $103 Million Net Loss in The Second Quarter of 2021 As It Recovers From a Severe Downturn in 2020

Patterson-UTI Energy, Inc. (NASDAQ: PTEN) last week announced its financial results for the quarter and six months ending June 30, 2021. The company reported a net loss of $0.55 per share ($103 million) in the second quarter of the year, compared to a net loss of $0.81 per share ($150 […]

Business

MoneyGram International Inc (NASDAQ: MGI) Announces 18% Revenue Growth in Second Quarter

MoneyGram International Inc (NASDAQ: MGI) recently reported financial results for 2Q2021. In the report, the company announced revenue growth of 18% in the quarter. Growing online activity According to Alex Holmes, MoneyGram Chairman and C.E.O., the company delivered strong top and bottom-line financial performance in the second quarter. The 18% […]

Business

Nikola Corporation (NASDAQ: NKLA) Founder Charged With Misleading Investors Through False Statements

The former chairman and founder of Nikola Corporation (NASDAQ: NKLA), Trevor Milton, has charges of making fallacious statements in electric vehicle start-ups. Mr. Milton is accused of passing wrong statements, which impacted the investors. The former founder’s actions landed the company in a challenging year, which had recently gone public. […]

Business

PG&E Corporation (NYSE: PCG) To Face Criminal Liability In Zogg Fire Case; Company Disagrees With Charges

PG&E Corporation (NYSE: PCG) or Pacific Gas & Electric could be in a puddle for the Zogg fire in Northern California, which destroyed several homes. The District Attorney of Shasta County, Stephanie Bridgett, said that the company could face “criminal liability” for the fire. On Thursday, Stephanie Bridgett took to […]

Technology Stocks

Aqua Metals, Inc. (NASDAQ: AQMS) Generated Nil Revenue in The Second Quarter of 2021

Aqua Metals, Inc. (NASDAQ: AQMS), a metal recycling technology company, recently released its financial results for the quarter that ended on June 30, 2021. The company also finalized a definitive agreement to deploy and license Aquarifining technology in Taiwan to ACME Metal Enterprise CO. and proceed with the first deployment. […]

Business

Energous Corporation (NASDAQ: WATT) Reports $11 Million Loss In The Second Quarter of 2021

Energous Corporation (NASDAQ: WATT), the developer of WattUp, a revolutionary wireless charging 2.0 technology, announced financial results for 2Q2021, which ended on June 30, 2021. The company also provided an update on its operational progress. Applications of the company’s charging technology According to acting C.E.O. Cesar Johnston, the company has […]

Business

F.N.B. Corporation (NYSE: FNB) Reports an $8.3 Million Increase in Net Income Available For Stockholders in The Second Quarter of 2021

F.N.B. Corporation (NYSE: FNB) recently reported their earnings for2Q2021, with the net income available for common stockholders being $99.4 million, or $0.31 per diluted common share. Comparatively, the net income available for common stockholders in the same period in 2020 was $81.6 million, or $0.25 per diluted common share, while […]

Technology Stocks

Wipro Limited (NYSE: WIT) Unveils the Wipro Fullstride Cloud Services as it Promises to Make a $1 Billion Investment in Cloud Transformation

Wipro Limited (NYSE: WIT) has unveiled the Wipro FullStride Cloud Services. The company considers cloud adoption and innovation crucial in its service delivery and vows to continue making heavy investments in that regard. It plans to channel about $1 billion in areas such as cloud capabilities, technologies, partnerships, and acquisitions. These efforts […]

Business

Cylerion Therapeutics, Inc. (NASDAQ: CYCN) Reports a Net Loss of $16.2 Million in The Second Quarter of 2021

Cylerion Therapeutics, Inc. (NASDAQ: CYCN), a biopharmaceutical company whose mission is to develop treatments that restore cognitive function, recently reported financial results for 2Q2021 and provided general corporate and pipeline updates. Second-quarter summary The company’s cash and cash equivalents at the end of the second quarter were approximately $70 million, […]