Sysco targets $500 million AI efficiency savings
Sysco (NYSE:SYY) launched an artificial intelligence efficiency program targeting $500 million in savings by fiscal 2029.
Sysco (NYSE:SYY) launched an artificial intelligence efficiency program targeting $500 million in savings by fiscal 2029.
AEVEX (NYSE:AVEX) secured $20.5 million in new awards to deliver one-way attack systems and expand operational capabilities for United States government customers.
ASE Technology Holding (NYSE:ASX) reported unaudited consolidated net revenues of NT$82.25 billion for August 2026, increasing 45.7% year over year and 11.5% from July 2026.
Qualcomm (NASDAQ:QCOM) announced a multi-generation partnership with Amazon Web Services to develop custom AI data center chips, expanding its role in artificial intelligence infrastructure.
GameStop (NYSE:GME) reported a second-quarter operating income of $160.2 million driven by a 57% year-over-year increase in collectibles sales.
Quantum Cyber (NASDAQ:QUCY) acquired a Lambda Hyperplane 8-A100 AI compute cluster powered by NVIDIA A100 Tensor Core GPUs to support its autonomous defense platforms and AI development efforts.
GE Aerospace (NYSE:GE) agreed to acquire Consolidated Precision Products (CPP) for $11.75 billion, expanding its aerospace casting capabilities for commercial aviation, defense, and power markets.
AEVEX Corp. (NYSE:AVEX) completed its acquisition of BlackSea Technologies, adding unmanned surface and subsea vessel capabilities to its autonomous defense systems business.
IonQ (NYSE:IONQ) expects full-year 2026 revenue of $450 million–$460 million following its acquisition of SkyWater Technology, with the outlook including SkyWater’s contribution from July 31 through December 31, 2026.
ABM (NYSE:ABM) reported fiscal third-quarter 2026 revenue of $2.32 billion, up 4.2% year over year, with net income rising to $49.7 million from $41.8 million in the prior-year period.
Canaan (NASDAQ:CAN) reported second quarter 2026 revenue of US$31.9 million, down from US$62.7 million in the first quarter and US$100.2 million in the same period of 2025.
Gamehaus Holdings (NASDAQ:GMHS) reported fiscal year 2026 revenue of US$104.7 million, down 11.4% from the previous year, while net income increased slightly to US$3.9 million.
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