Category: Latest News
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Wynn Resorts restarts construction on UAE resort project after temporary halt
Wynn Resorts (NASDAQ:WYNN) said construction has resumed on its Wynn Al Marjan Island resort in Ras Al Khaimah, United Arab Emirates, after work on the project was briefly paused. The company said it remains in close contact with authorities in both the United States and the United Arab Emirates to guide decisions related to the…
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Forward Air unlikely to pursue full sale as strategic review nears completion – sources
Forward Air Corporation (NASDAQ:FWRD) is approaching the end of a strategic review process that has been underway for more than a year, but the effort is unlikely to result in a sale of the entire company, according to people familiar with the situation. While a full-company sale now appears improbable, the company is still evaluating…
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Stryker shares slide after report of Iran-linked cyberattack
Stryker Corporation (NYSE:SYK) fell about 3.4% on Wednesday after a report by The Wall Street Journal said the medical device maker had been targeted in a cyberattack tied to an Iran-linked hacking group. According to the report, the company is experiencing widespread system outages globally. Employees and contractors said the logo of a hacking group…
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Meta reveals four new in-house AI chips to support data center expansion
Meta Platforms (NASDAQ:META) on Wednesday introduced four internally developed chips designed to handle artificial intelligence workloads as part of its broader data center growth strategy. The processors belong to the company’s Meta Training and Inference Accelerator (MTIA) family, first introduced in 2023 and followed by a second-generation model in 2024. Meta said it plans to…
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IEA agrees record 400 million-barrel emergency oil release
International Energy Agency said Wednesday that its 32 member countries have unanimously approved the release of 400 million barrels of oil from strategic reserves, the largest coordinated drawdown in the agency’s history and only the fifth time such action has been taken. IEA Executive Director Fatih Birol said in a statement that the move is…
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Scienture secures GPO agreements for REZENOPY naloxone nasal spray
Scienture Holdings Inc. (NASDAQ:SCNX) announced that it has signed several Group Purchasing Organization (GPO) agreements covering its REZENOPY (naloxone HCl) Nasal Spray 10 mg, according to a company press release. Through these agreements, the product will gain access to more than 5,000 healthcare institutions across the United States. These include hospitals, clinics, nursing homes, emergency…
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KALA BIO plans to release first commercial AI agent within two weeks
KALA BIO, Inc. (NASDAQ:KALA) said it expects to launch its first commercial artificial intelligence product in about two weeks, according to a company press release. The firm said the product will be part of its new platform, Researgency.ai, which is designed to deploy AI agents for biotechnology and pharmaceutical companies. The announcement comes as KALA…
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Actelis wins Japanese government order for networking equipment
Actelis Networks, Inc. (NASDAQ:ASNS) said it has secured a new order from a Japanese government entity for dozens of MetaLight networking units to support infrastructure modernization initiatives. The purchase was made through the company’s distributor in Japan and will see MetaLight systems deployed in critical infrastructure settings, according to a company press release. These networking…
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Cyngn expects Q1 2026 sales to exceed total revenue from 2025
Cyngn Inc. (NASDAQ:CYN) said its first-quarter 2026 sales are on pace to surpass the company’s total revenue generated during 2025, based on its current bookings and sales pipeline, according to a press release issued today. The announcement comes as the company’s shares trade around $1.60, giving it a market capitalization of about $12.76 million. The…
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NextPlat subsidiary secures $820,000 NATO satellite IoT contract
NextPlat Corp (NASDAQ:NXPL) said Tuesday that its subsidiary Global Telesat Communications has been awarded a contract worth roughly $820,000 to provide satellite-enabled Internet of Things (IoT) equipment for a NATO military customer. The two-year agreement was issued through a U.K. government prime contractor that supplies engineering and service solutions to both public sector and commercial…