Category: Latest News
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Drone and defense stocks rally as Middle East tensions intensify
Shares of drone manufacturers and defense technology companies moved sharply higher on Monday as rising geopolitical tensions involving the United States, Israel and Iran fueled investor demand for defense-related assets. Markets reacted after weekend military strikes by U.S. and Israeli forces and subsequent Iranian retaliation heightened concerns about a widening regional conflict, lifting defense-sector equities…
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Zhibao Technology reports rapid expansion in gas insurance business as digital consumer strategy gains traction
Zhibao Technology Inc. (NASDAQ:ZBAO), a fast-growing InsurTech company focused on digital insurance brokerage services in China, announced strong growth in its natural gas insurance segment, highlighting the business as a central driver of its consumer-focused strategy for 2026. The company said total premiums generated through its gas insurance products approached RMB 100 million (approximately $14.5…
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Kratos OpenSpace® platform powers SSC Space’s new LEO satellite service SSC Space Go
Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) announced that its OpenSpace® Platform has been integrated into SSC Space Go, a newly launched service from SSC Space designed to deliver seamless data access for small satellites operating in Low Earth Orbit (LEO). SSC Space Go aims to simplify and lower the cost of Earth Observation and…
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Turbo Energy highlights AI-powered electrification solutions as industries face rising energy price volatility
Turbo Energy S.A. (NASDAQ:TURB), a technology-focused provider of AI-driven energy storage and optimization platforms, said its industrial electrification systems are helping commercial and industrial operators protect operating margins as volatility across global energy markets intensifies. The company noted that recent geopolitical developments have driven sharp swings in oil and gas prices, increasing financial pressure on…
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AMD unveils Ryzen AI 400 processors at MWC 2026, expanding push into AI-powered PCs
Advanced Micro Devices (NASDAQ:AMD) introduced its next generation of AI-enabled processors at Mobile World Congress 2026, launching the Ryzen AI 400 Series alongside the Ryzen AI PRO 400 Series desktop chips as the company deepens its push into on-device artificial intelligence computing. The new lineup is designed to deliver enhanced local AI processing and next-generation…
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Lumentum and Coherent shares jump after Nvidia commits $2 billion investments in advanced optics
Shares of Lumentum (NASDAQ:LITE) and Coherent (NYSE:COHR) surged in premarket trading after artificial intelligence leader Nvidia (NASDAQ:NVDA) announced plans to invest $2 billion in each company to accelerate development of next-generation optical technologies. Under the agreements, Nvidia will also make purchase commitments for the companies’ products, which are designed to improve data transfer speed and…
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nLIGHT to present high-energy laser weapon technologies at 2026 POST Conference
nLIGHT, Inc. (NASDAQ:LASR), a provider of high-power laser systems used in directed energy, optical sensing and advanced manufacturing applications, announced that it will exhibit a range of its high-energy laser weapon solutions at the Pacific Operational Science & Technology (POST) Conference, taking place March 9–12, 2026, in Honolulu, Hawaii. During the event, the company plans…
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Rallybio to acquire Candid Therapeutics in $505M merger deal
Rallybio Corporation (NASDAQ:RLYB) announced plans to acquire Candid Therapeutics through a merger agreement, with the combined entity set to operate under the name Candid Therapeutics and trade using the ticker symbol CDRX. The transaction is accompanied by a concurrent private financing expected to generate more than $505 million in gross proceeds. Participants in the financing…
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Rubico estimates net asset value at $94.2 million
Rubico Inc. (NASDAQ:RUBI), a global shipping transportation company focused on vessel ownership, announced that management has calculated an estimated net asset value (NAV) of $94.2 million as of December 31, 2025. The estimate incorporates updated charter-free vessel valuations provided by an independent international broker, along with the company’s outstanding debt and cash position. Based on…
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Wall Street set for sharp drop as U.S. strikes on Iran rattle markets: Dow Jones, S&P, Nasdaq, Futures
U.S. stock index futures pointed to a sharply lower open on Monday, suggesting equities could extend losses after two consecutive sessions of declines. Market sentiment weakened following joint U.S. and Israeli military strikes on Iran over the weekend that resulted in the death of Iranian Supreme Leader Ayatollah Ali Khamenei. Tensions escalated further after Israel…