Babcock & Wilcox revenue jumps 44% on AI-driven power demand
Babcock & Wilcox Enterprises (NYSE:BW) posted first-quarter 2026 revenue of $214.4 million, a 44% increase over the same period last year.

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Babcock & Wilcox Enterprises (NYSE:BW) posted first-quarter 2026 revenue of $214.4 million, a 44% increase over the same period last year.
Townsquare Media (NYSE:TSQ) reported a return to the black for the first quarter of 2026, posting net income of $3 million compared to a $1.5 million loss in the same period last year.
Arthur J. Gallagher (NYSE:AJG) announced on Monday that its claims management subsidiary, Gallagher Bassett, has acquired Mays Brown Solicitors, a boutique law firm headquartered in London specializing in shipping and maritime law.
Bitcoin rose above $81,000 over the weekend as traders positioned for a crucial week of US inflation data and geopolitical developments that could determine whether the cryptocurrency reaches the next technical target at $83,400.
Biotech giant CSL (ASX:CSL) issued an update to its 2026 financial year outlook, softening revenue and profit expectations.
South Korea’s cryptocurrency market experienced a sharp decline over the past year as investors redirected funds into the country’s stock market amid weaker digital asset sentiment.
Core Scientific reported a $347.2 million first-quarter net loss as the company accelerated its transition from Bitcoin mining toward AI-focused infrastructure and colocation services.
World Liberty Financia said the Trump family remains actively involved in the crypto company after rumours circulated online suggesting the family had quietly exited the project.
Tech firm X2M Connect (ASX:X2M) has entered into a memorandum of understanding with Mawson Business Advisory.
Kalshi reached a $22 billion valuation after securing $1 billion in fresh funding, highlighting growing investor appetite for prediction markets and event-based trading platforms.