Category: Latest News
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Tesla shares tick up on report of smaller, lower-cost EV under development
Tesla (NASDAQ:TSLA) shares moved slightly higher in premarket trading following a Reuters report that the company is working on a new compact electric SUV expected to be smaller and more affordable than models currently in its lineup. The vehicle could signal a renewed push toward the mass-market segment for the Austin-based EV maker. According to…
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First Majestic Silver posts Q1 2026 production results
First Majestic Silver Corp. (NYSE:AG) reported first-quarter 2026 production totals of 3.5 million ounces of silver, 34,341 ounces of gold, 15.4 million pounds of zinc, 8.7 million pounds of lead, and 262,913 pounds of copper from its four underground mining operations in Mexico. Silver output declined 4% year over year to 3.5 million ounces, compared…
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Beyond Meat files delayed 2025 annual report, resolves Nasdaq compliance notice
Beyond Meat Inc. (NASDAQ:BYND) said it has submitted its Form 10-K annual report for fiscal year 2025 to the U.S. Securities and Exchange Commission on April 9, 2026, according to a company statement. Earlier, on April 6, 2026, the plant-based protein company received a notification from Nasdaq stating that it had not filed its annual…
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Occidental reports oil discovery at Bandit prospect in Gulf of America
Occidental Petroleum Corp. (NYSE:OXY) said it has made an oil discovery at the Bandit prospect in the Gulf of America, about 125 miles south of the Louisiana coastline. The exploration well drilled in Green Canyon Block 680 encountered oil-bearing sands from the Miocene formation. Occidental operates the prospect with a 45.375% working interest. Chevron U.S.A.…
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Orthofix reshuffles spine division leadership, posts preliminary Q1 sales
Orthofix Medical Inc. (NASDAQ:OFIX) announced leadership changes within its spine division while also reporting preliminary net sales for the first quarter of 2026, according to a company press release. The medical technology firm has removed the position of President, Global Spine Solutions, with senior spine executives now reporting directly to Chief Executive Officer Massimo Calafiore.…
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GEN Korean BBQ expands retail lineup to 190 grocery stores nationwide
GEN Restaurant Group Inc. (NASDAQ:GENK) said it is expanding its retail product offerings to 190 grocery stores across the United States, bringing a range of items inspired by dishes served in its restaurants to supermarket shelves. The Korean barbecue chain will introduce 22 retail SKUs derived from its menu, including meat products, side dishes, frozen…
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Court orders 30% ongoing royalty for Natera in patent dispute
Natera Inc. (NASDAQ:NTRA) said a federal court in Delaware has ruled that the company is entitled to a 30% ongoing royalty on certain revenues tied to infringing minimal residual disease-related product sales in its patent case against ArcherDx and Invitae. The ruling, issued on April 6, 2026, follows an earlier injunction granted on November 21,…
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Amazon CEO Jassy details AI spending plans, forecasts $200B capex for 2026
Amazon (NASDAQ:AMZN) Chief Executive Andy Jassy said in his annual shareholder letter that the company expects to spend roughly $200 billion on capital expenditures in 2026, with the bulk directed toward building out artificial intelligence infrastructure. Jassy said Amazon Web Services’ AI business has reached a revenue run rate of more than $15 billion in…
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Lilly Introduces Foundayo Oral GLP-1 Weight-Loss Pill in the U.S.
Eli Lilly and Company (NYSE:LLY) said that its new oral medication Foundayo (orforglipron) is now available in the United States for adults with obesity or those who are overweight and have related health conditions, following FDA approval granted on April 1, 2026. The treatment is taken once daily and does not require restrictions related to…
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Jacobs Secures Contracts for Upgrades Along Chicago’s I-290 Corridor
Jacobs (NYSE:J) has been awarded two contracts by the Illinois Department of Transportation tied to infrastructure improvements along Chicago’s I-290 corridor, the company said in a press release. The first assignment covers design work and project management for the replacement of the Indiana Harbor Belt railroad bridge. The upgrade is intended to support a planned…