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Postcard Hotel Is Bringing Its Brand to India’s Cities, With a Club-First Twist: Exclusive
Postcard Hotel is expanding into major Indian cities with a new urban format featuring all-suite accommodations and integrated private members’ clubs.
Premier Inn Owner Fights Activist Bid as Rising Costs Squeeze Profit
Whitbread’s Premier Inn hotel chain is fighting an activist investor’s bid for board representation as the company reported a 9% profit decline in the first half.
IRU and T&E Call for EU Framework to Unlock Semi-private Truck Charging
Industry groups urge the EU to establish a distinct regulatory framework for semi-private truck charging at logistics facilities, complementing public and private infrastructure as zero-emission vehicle adoption accelerates.
Members of the Alliance for Electric School Buses Applaud Bipartisan Federal Legislation to Reauthorize the Successful & Popular Clean School Bus Program
Members of the Alliance for Electric School Buses have praised bipartisan legislation to extend the EPA’s Clean School Bus Program for five additional years through 2031.
Trending COVID 19 News
Okta pops 20% after topping estimates as AI threat spikes demand for identity security
Okta’s shares surged 20% after the identity software provider topped fiscal second-quarter estimates, with revenue climbing 11% and AI-related deals driving significant new product adoption.
CrowdStrike jumps 11% on record second quarter as ‘Mythos moment’ drives AI cyber wave
CrowdStrike surged over 11% after reporting record fiscal second-quarter results, with revenue up 26% year-over-year as demand for AI security solutions intensifies.
Dell surges 9% after lifting fiscal 2027 forecast on AI server strength
Dell shares surged 9% after reporting fiscal second-quarter results and raising full-year guidance, driven by strong demand for AI infrastructure servers.
Oracle posts 30% revenue growth fueled by AI cloud demand as debts hits $125 billion
Oracle reported 30% revenue growth for the latest quarter, beating estimates, with cloud revenue surging 62% and the company guiding to 30% to 34% growth for the next quarter.
CoreWeave (CRWV) Is Charging More for AI Compute, and Customers Keep Paying
CoreWeave raised prices for AI computing capacity, with new contracts fetching roughly $40 million in annualized revenue per megawatt, though the company continues operating at a loss.
Infosys (INFY) Lands a Brake Maker as Growth Stays in Low Gear
Infosys secured a long-term software management contract with brake maker Knorr-Bremse, though revenue growth remains subdued at 2.4% year-over-year despite AI representing 8.2% of quarterly sales.
Ferguson (FERG) Keeps Beating a Housing Market That Refuses to Cooperate
Ferguson Enterprises reported quarterly sales growth of 4.6% to $8.8 billion, but profit growth lagged as margins declined, signaling potential challenges ahead despite strong non-residential performance.
SpaceX Stock Has Gone Nowhere Since Its First Day of Trading
SpaceX shares closed at $152.71 on Friday, about 5% below their $160.95 first-day closing price from June 12, despite strong business fundamentals including 92% revenue growth.
Equinix Sees AI Driving Data Center Demand, Interconnection Growth
Equinix sees artificial intelligence driving demand for higher-capacity data centers and interconnection services, with its interconnection business growing 9% and management projecting 9%–12% annual adjusted funds from operations per-share growth through 2029.
Interactive Brokers (IBKR) Turns Every Revenue Dollar Into 77 Cents of Pretax Profit
Interactive Brokers reported earnings of $0.69 per diluted share for the quarter ended June 30, with net revenues rising to $1.90 billion and a pretax margin reaching 77%.
Prudential (PRU) Is Leaving Emerging Markets, And This $185M Sale Proves It
Prudential Financial announced the sale of its stake in Alexforbes to multiple buyers for approximately $185 million, marking a strategic exit from emerging markets as the company refocuses operations.
Lincoln 1-2 Swansea: Vitor Matos’ Swans go top after comeback win
Swansea defeated Lincoln 2-1 in a comeback victory to move atop the Sky Bet Championship table, with Stephen Eustaquio scoring the decisive goal after the hosts led at halftime.