MoneyHero Launches Project Odyssey to Accelerate Profitable AI-Driven Growth - MoneyHero (NASDAQ:MNY)

MoneyHero Ltd (MNY) furnished an SEC Form 6-K — earnings release. Exhibit 99.1 MoneyHero Group Reports Unaudited Second Quarter 2026 Results ● Total transaction value expanded 9% in the first six months of 2026 and held flat YoY in Q2 2026, supported by a 77% YoY increase in Q2 cash rewards, which successfully captured high-intent users ● Reven

MoneyHero Ltd (MNY) reported Q1 2026 results with a 68% narrowing in adjusted EBITDA loss, attributed to improved cost efficiencies and revenue quality, while statutory net loss widened to $6.7m due to non-cash items (including $1.1m warrant fair value, $2.4m unrealized FX, $1.6m legal fees). Revenue rose 15% YoY as high-margin wealth/insurance grew 31%, and registered members increased 24% to 9.8m. The company said traffic fell due to a shift from volume to quality and prioritized profitable ma

Chewy (CHWY) fell 6% after JPMorgan downgraded it to Neutral with a $24 target, citing macroeconomic pressures. This follows a similar downgrade from Evercore ISI. Chewy's Q2 EBITDA beat included $15M in one-time items. Petco (WOOF) and Freshpet (FRPT) showed minimal movement, indicating the selloff is Chewy-specific. Chewy shares are down 40% YTD.

Chevron CEO Mike Wirth stated that depleted oil buffers could lead to higher crude prices in the coming months due to the Iran war and supply constraints. Brent crude futures are on track for an 8% weekly gain. Chevron plans to fund a $7 billion Venezuela expansion with cash from existing joint ventures, aiming to double output by 2031.

Alstom and TransPennine Express signed £1 billion contracts for 29 battery-electric trains, with £800 million for rolling stock and £200 million for maintenance. The fleet, to be delivered from 2032, will support decarbonization and create jobs. The trains will operate in northern England, offering modern amenities and emission-free operations on non-electrified sections.

GameStop CEO Ryan Cohen bought 1 million shares for $20.3 million, increasing his stake to 39.3 million shares. Shares rose 3% in premarket trading. The company reported $790.2 million in Q2 net sales, with collectibles growing. Cohen's purchase signals confidence but the company's long-term plan remains uncertain.