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Market-Moving News for August 17th
HIVE: 9% | HIVE's BUZZ HPC Signs $350M Five-Year AI Cloud Deal With Investment-Grade Customer, Adding $70M ARR To Reach $180M Total Annualized Revenue OABI: 33% | OmniAb Announces Global Collaboration and License
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Freightos Q2 2026 Earnings Call: Complete Transcript
Freightos (NASDAQ:CRGO) held its second-quarter earnings conference call on Monday. Below is the complete transcript from the call. This transcript is brought to you by Benzinga APIs. For real-time access to our entire
Freightos shares are trading higher after the company reported better-than-expected Q2 financial results.
Shares of AI cloud services companies are trading lower amid persistent concerns over the debt required to sustain the AI infrastructure buildout. Sentiment is also under pressure following a Gartner warning about the outlook for neocloud providers, fueling concerns over the sustainability of spending on AI computing capacity.
Shares of AI cloud services companies are trading lower amid persistent concerns over the debt levels needed to sustain the AI cloud compute buildout. Also, U.S. inflation and producer price data this week support expectations for more Fed rate hikes, further straining high-yield credit markets.
Shares of crypto-linked companies are trading lower as Bitcoin prices decline following the latest inflation data. Stronger-than-expected inflation has fueled expectations for tighter Federal Reserve policy, while rising Treasury yields and a stronger dollar are dampening risk appetite and weighing on speculative assets.