CS PowerTech opens a 6GW-peak capacity facility, marking the first US plant for HJT bifacial N-type solar cells. CS PowerTech, a subsidiary of Canadian Solar, has launched the first phase of a $1bn solar cell manufacturing plant in Jeffersonville, Indiana. The facility is
Analysts forecast a $2.19 per share loss for MicroStrategy amid Bitcoin's decline, despite revenue rising to $121.88 million. MicroStrategy (NASDAQ:MSTR) will release second-quarter earnings after Thursday’s market close, with analysts expecting a $2.19 per share loss. Rev
The fashion retailer attributed the loss to a $328m fair-value charge and higher US tariffs after the $800 de minimis exemption ended. Shein posted a net loss of $99m for the quarter ended 31 March 2026, reversing a $395m profit in the same period last year. The company ci
Thailand's SEC alleges Bitkub hid a 2021 cyberattack draining $47 million from its platform in falsified filings. Thailand’s Securities and Exchange Commission filed a criminal complaint against crypto exchange Bitkub and two former directors for allegedly falsifying repor
MercadoLibre reports 26% YoY active buyer growth and 36% GMV increase despite near-term margin pressures from infrastructure investments. MercadoLibre (NASDAQ: MELI) shares have declined 31% from their previous high as investors focus on margin pressures driven by increase
Intel shares pull back from record highs despite $57 billion annual revenue and 40% AI segment growth. Intel stock surged 308% over the past year, outpacing the broader market’s 18% gain, driven by AI demand and manufacturing progress. Revenue reached $57 billion, growing
Micron now prioritizes long-term customer agreements over cost reductions, signaling a strategic pivot in its business model. Micron Technology (MU) has abandoned its long-standing focus on cost-cutting, instead emphasizing $100 billion in contracted minimum revenue from 1
Investors overlook $134 million Q2 2026 loss after steelmaker raises EBITDA forecast and signals contract reset gains. Cleveland-Cliffs (CLF) climbed 8.9% to $11.93 after lifting its Q3 2026 guidance, despite reporting a $134 million GAAP net loss for Q2 2026. Revenue rose
BAH stock jumped on better-than-expected $1.81 EPS despite declining revenue of $11.09 billion in Q1. Booz Allen Hamilton shares climbed 10.1% to $72.53 after reporting first-quarter earnings of $1.81 per share, surpassing estimates of $1.49. The gain contrasted with minim
Higher global vehicle sales and strong electrified vehicle demand offset US import tariffs and increased incentives for the automaker. Kia Corporation posted a 2.3% year-on-year increase in second-quarter net profit to KRW 2,327.8 trillion ($1.59 billion), driven by record
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