Category: Latest News

Envirotech Vehicles Inc. (NASDAQ:EVTV) shares climbed 12.1% on Wednesday after the electric vehicle manufacturer announced meaningful advances in its modular data and power infrastructure initiative being developed in partnership with AZIO AI Corporation. The company said it has completed an on-site engineering and technical validation review, marking the shift from design and feasibility work into…

Concorde International Group Ltd (NASDAQ:CIGL) shares climbed 20.9% on Wednesday after the company unveiled a merger agreement with YOOV Group Holding Limited, an artificial intelligence–driven provider of business automation solutions. The transaction assigns a $600 million valuation to YOOV and marks a strategic shift for Concorde, which is combining its background in security services with…

Mobix Labs, Inc. (NASDAQ:MOBX) shares jumped 51.5% on Wednesday after the company revealed it had received Federal Aviation Administration certification for its next-generation drone-based airborne sensing system. Securing FAA approval marks a major regulatory step, allowing Mobix Labs to transition the program from development into commercial rollout. With certification in hand, the company has begun…

Johnson Controls International plc (NYSE:JCI) delivered a strong start to fiscal 2026, reporting first-quarter results on Wednesday that topped market expectations and prompted the company to lift its full-year guidance. Shares of the energy efficiency and building technologies group surged 8.09% in pre-market trading following the announcement. Adjusted earnings per share for the quarter came…

Ares Capital Corporation (NASDAQ:ARCC) reported fourth-quarter 2025 results that broadly met market expectations, with core earnings matching forecasts while revenue came in slightly under analysts’ projections. The business development company delivered core earnings per share of $0.50 for the quarter, in line with consensus estimates. Revenue totaled $793 million, just below the $795.2 million analysts…

Polyrizon Ltd. (NASDAQ:PLRZ) shares moved about 2% higher after the pre-clinical biotechnology company disclosed plans to acquire a controlling interest in Arrow Aviation Ltd., a privately held global aviation services provider. Under a non-binding memorandum of understanding, Polyrizon intends to purchase a 51% stake in Arrow Aviation for roughly $5.8 million (NIS 18,000,000) in cash.…

Evercore Inc. (NYSE:EVR) posted standout fourth-quarter results that came in well ahead of market expectations, driven by record revenue and sharply higher profitability. The investment banking advisory firm reported adjusted earnings per share of $5.13, exceeding analyst estimates by $1.11. Revenue climbed to $1.28 billion, far above the $1.12 billion consensus forecast. Despite the strong…

Cognizant Technology Solutions (NASDAQ:CTSH) shares climbed about 2% in premarket trading on Wednesday, recouping some of the more than 10% drop seen a day earlier, after the IT services group delivered better-than-expected fourth-quarter results and outlined a constructive outlook for 2026 supported by strong bookings and continued investment in artificial intelligence. The sharp sell-off on…

Cencora, Inc. (NYSE:COR) reported first-quarter fiscal 2026 results on Wednesday that showed stronger-than-expected earnings, while revenue narrowly missed Wall Street projections. The pharmaceutical services group also lifted its full-year adjusted operating income outlook. Shares slipped 0.21% in pre-market trading following the announcement, as investors weighed the mixed performance. Adjusted earnings per share for the quarter…

CME Group Inc. (NASDAQ:CME) reported fourth-quarter results on Wednesday that narrowly exceeded market expectations, while the derivatives exchange operator also delivered its fourth straight year of record annual revenue. Adjusted earnings per share for the quarter came in at $2.77, edging past analysts’ estimates of $2.75. Revenue totaled $1.65 billion, slightly ahead of the $1.64…