The equipment rental firm exceeded revenue expectations by $110M and posted 8.7% year-over-year growth. Sunbelt Rentals Holdings Inc. reported Q4 non-GAAP earnings per share of $0.74 and revenue of $2.75 billion, surpassing estimates by $110 million. The company’s revenue
LOCL reports full harvestable capacity across key facilities, pivoting to productivity and retail volume conversion with AI-driven yield gains. Local Bounti Corporation (LOCL) has reached full harvestable capacity at its Stack & Flow-enabled facilities in Georgia, Texas, a
Rising demand for copper and processors in AI infrastructure creates lucrative targets for cargo thieves, industry reports show. Cargo thieves are increasingly targeting high-value commodities essential to artificial intelligence infrastructure, including copper, processor
Global chipmakers and AI-related stocks fell after SK Hynix reduced AI memory chip expansion plans amid profitability concerns. South Korean chip stocks led by Samsung and SK Hynix dropped sharply after SK Hynix announced plans to slow AI memory chip expansion in favor of
Deal adds filtration and dewatering systems to Sandvik’s Rock Processing unit, targeting productivity gains in downstream mining. Sandvik will acquire Italy-based Diemme Filtration, a provider of filtration and dewatering systems for the mining sector. The deal creates a n
Drugmakers coordinate with governments and universities to address labor shortages as onshoring drives billions in new facility spending. US pharmaceutical companies are partnering through trade groups to expand workforce pipelines, addressing labor shortages amid rising d
The China-based firm will consolidate its American Depositary Shares at a 1-for-25 ratio, effective June 25, 2026. Jinxin Technology (NAMI) will implement a reverse ADS split, reducing its ADS ratio from 18 ordinary shares per ADS to 450 ordinary shares per ADS. The move e
Anthropic and OpenAI prepare for potential 2026 IPOs after SpaceX's $85.7 billion raise and $2.43 trillion market cap debut. SpaceX completed its IPO on June 12, raising $85.7 billion at a $1.8 trillion valuation, now trading at a $2.43 trillion market cap. Shares surged 2
Nasdaq 100 futures signal a $1.15 trillion market-cap loss as AI-linked stocks and SpaceX extend declines. The Nasdaq 100 is poised to shed $1.15 trillion in market value after futures fell 2.5%, deepening a selloff in technology and chip stocks. SpaceX, which recently deb
Quick Read - Closing costs, property taxes, and insurance premiums can each add thousands of dollars to homeownership costs that buyers often overlook entirely. - HOA fees in some communities approach $1,000 monthly, and unexpected special assessments can force members to pay...<
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