Gambling.com (GAMB) Earnings Call Transcript

Rivian (RIVN) shares fell 6.3% after CFO Claire McDonough announced her departure in October 2026 to pursue another opportunity. Derek Mulvey will serve as interim CFO. The stock is down 18.8% YTD and 29.8% below its 52-week high.

Billionaire Ernesto Bertarelli indirectly purchased 8.8 million shares of Madison Air Solutions (MAIR) at $24.97 per share, totaling $219 million. The acquisition was made through K.C. Armada, LP, bringing his indirect ownership to 11% of the company. MAIR's stock closed at $28.51, a 14% premium over the purchase price. The company has a market cap of $14.3 billion and expects 18% revenue growth this fiscal year.

Moody's upgraded Seagate Data's corporate family rating to Ba1 from Ba2, citing AI-driven demand for high-capacity HDDs. The agency expects revenues to grow over 30% annually, reaching $20B, and debt to EBITDA to fall below 0.5x. Seagate faces risks from revenue concentration and pricing pressures. The company had $1.7B in cash and access to a $1.3B credit facility as of July 2026.

Fitch upgraded Garrett Motion's (GTX) long-term rating to 'BB+' from 'BB' due to improved leverage, forecasting 2.0x EBITDA leverage by 2026. The company's Q2 2026 EBIT margin was 15.6%, up 200 bps YoY, with strong profitability expected through 2029. Garrett has $177M cash and a $630M untapped credit facility.

India and the US signed an agreement for India to procure Javelin anti-tank missiles. The deal strengthens their defense partnership. The missiles, made by RTX and Lockheed Martin, can target armored vehicles and fortified positions.

Rhonda Taylor, legal chief at Dollar General, will retire in December after 26 years. Her successor, Kelly Collier, will lead the legal team amid challenges from the company's rapid expansion. Jeffrey Bleich, a former U.S. ambassador, is returning to law and diplomacy.