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Tesla launches Cybercab six weeks after dropping volume production plans
Tesla introduced the Cybercab on September 4, 2026, just six weeks after announcing it would not pursue volume production of the vehicle this year. This launch signals Tesla's continued interest in the Cybercab despite scaling back mass production pl...
Stocks fall as earnings outlooks and post-listing volatility hit tech shares on Sept 4, 2026
On September 4, 2026, major tech stocks including TurboGen Ltd., Pasqal Holding, Guidewire Software, eGain Corporation, and Lululemon Athletica saw significant declines. Newly listed companies TurboGen and Pasqal experienced sharp post-listing volati...
Alico's capital efficiency nears break-even with highest ROIC-to-WACC ratio among peers.
Alico, Inc. reports a Return on Invested Capital (ROIC) of 7.29%, slightly below its Weighted Average Cost of Capital (WACC) of 7.96%, resulting in an ROIC-to-WACC ratio of 0.92. This indicates the company is close to covering its capital costs but n...
PayPal halts venture capital portfolio sale after low offers at 60 cents on the dollar
PayPal has paused the sale of its venture capital portfolio after receiving offers no higher than 60 cents on the dollar. The portfolio includes investments in companies like Tabby and Anchorage. This move follows PayPal's earlier decision to wind do...
DigitalOcean CEO sells 20,483 shares worth $2.2M, signaling insider stock movement.
DigitalOcean CEO Padmanabhan Srinivasan sold 20,483 shares of the company, generating $2.2 million from the transaction. This insider sale may indicate personal financial planning or a strategic move, but it does not necessarily reflect the company's...
S&P Dow Jones updates S&P 500, 100, MidCap 400, SmallCap 600 indices with new company additions and deletions.
S&P Dow Jones Indices announced changes to the S&P 500, S&P 100, S&P MidCap 400, and S&P SmallCap 600 indices effective September 21, 2026. The updates include additions and removals of several companies to better reflect their market capitalization ...
Apple launches longest device release spree starting Sept 9 event, unveiling new iPhones and more.
Apple will begin its longest series of device releases in company history with the 'Surprise and Shine' event on September 9, 2026. The rollout will extend through 2029 and beyond, featuring new product categories including foldable iPhones, smart ho...
Forge Resources benefits from high coal prices and Colombia's pro-mining government, advancing La Estrella project.
Forge Resources Corp. reports strong coal prices and a new Colombian government prioritizing resource development, boosting prospects for its La Estrella coal project. Thermal coal prices reached $146.60 per tonne and coking coal $271.50, driven by g...
Campbell's cuts 13% of salaried jobs, closes plants to boost profitability amid sales decline
Campbell's announced a 13% reduction in its salaried workforce and the closure of two snack plants to improve operations and return to profitability. Despite raising prices by 4-5% on much of its portfolio to offset rising costs, the company expects ...
Gold reserves surpass foreign U.S. Treasury holdings, signaling rising central bank demand for gold.
In 2025, global official gold reserves exceeded foreign official holdings of U.S. Treasury securities for the first time, marking a significant milestone recognized by major financial institutions including the IMF. The Federal Reserve acknowledges t...
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