Jerash Holdings reports $0.13 EPS and $50.2M revenue for Q1, exceeding analyst expectations and marking strong year-over-year growth. Jerash Holdings (JRSH) posted first-quarter GAAP earnings per share of $0.13, surpassing estimates by $0.03. Revenue reached $50.2 million,
The NASDAQ-listed biopharma firm diversifies into automotive controls, adding $209.5 million in annual revenue via the deal. Aspire Biopharma Holdings Inc. (NASDAQ:ASBP) finalized its $30 million cash purchase of Dura Driver Control Systems (DCS), a tier-one supplier of el
Amazon’s market cap nears $3 trillion after AWS posts 37% growth, driving 61% of operating income in Q2. Amazon (NASDAQ: AMZN) stock reached a new all-time high of $287, lifting its market capitalization to nearly $3 trillion. The rally follows a 19% year-to-date gain, fue
SpaceX shares rise while Dow futures edge lower amid climbing oil prices and geopolitical tensions. Dow Jones Industrial Average futures fell 0.1% ahead of Monday’s open, pressured by rising oil prices as U.S.-Iran negotiations showed no progress. S&P 500 futures traded fr
Joint venture targets automotive and robotics demand with ¥1 trillion investment in Kumamoto Prefecture facility. Sony Group and Taiwan Semiconductor Manufacturing Co. will jointly invest ¥1 trillion ($6.4 billion) in a new image sensor factory in Japan, set to begin produ
The auto parts supplier reported a GAAP loss per share of $0.71 and revenue of $168M, both below analyst expectations. Motorcar Parts of America posted a first-quarter GAAP loss per share of $0.71, missing estimates by $0.92. Revenue declined 10.8% year-over-year to $168M,
The chipmaker aims to fund expansion in contract manufacturing after its stock surged over 100% this year. Intel announced a $15 billion share sale to finance its push into contract chip manufacturing, capitalizing on a stock rally driven by turnaround efforts. The move fo
GameStop may abandon its $56 billion takeover offer for eBay in favor of a commercial partnership leveraging retail locations. GameStop CEO Ryan Cohen is evaluating a withdrawal of the company’s $56 billion bid for eBay, opting instead for a strategic partnership. The prop
A 26-year-old with $45,000 in debt defends an $800 monthly entertainment budget amid rising U.S. consumer debt levels. A 26-year-old with $45,000 in debt, including $25,000 in credit card balances and $20,000 in car loans, has drawn criticism for maintaining an $800 monthl
Private equity take-private deals in the UK rise as IPO activity declines, with London listings dropping to 46% of UK businesses in 2025. Private equity-backed UK companies are increasingly avoiding London IPOs, opting for take-private deals instead. Only eight UK-headquar
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