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Xcel Brands shares jump after Coco Rocha collaboration announcement
Xcel Brands' stock surged over 100% intraday and closed up 10.53% after announcing a new exclusive licensing partnership between its handbag brand Baggallini and model-entrepreneur Coco Rocha. The collaboration will launch a limited-edition capsule c...
Jumia reports deeply negative ROIC amid aggressive growth, highlighting challenges in capital efficiency.
Jumia Technologies AG, a leading African e-commerce platform, currently shows a highly negative Return on Invested Capital (ROIC) of -256.50%, reflecting its aggressive growth and market expansion strategy. This negative ROIC, compared to its Weighte...
Anterix focuses on monetizing 900 MHz spectrum for private broadband with stable $69 price target.
Anterix Inc. is leveraging its 900 MHz radio spectrum to build private broadband networks for utility and critical infrastructure clients, aiming for long-term growth through new products and satellite connectivity. The company enjoys strong institut...
Poll shows 61% of investors doubt SpaceX will hit $7.5T valuation in 10 years despite IPO hype.
SpaceX is set to go public with an expected valuation around $1.75 trillion, potentially the largest IPO ever. Investor Ron Baron predicts the company could be worth up to $30 trillion in 10-15 years, but a Benzinga poll finds 61% of viewers believe ...
World Cup 2026 to boost US beverage sales, Coca-Cola poised to benefit most, says Bank of America.
Bank of America predicts the 2026 World Cup, hosted partly in the US, will increase beer and soft drink consumption, creating a temporary sales boost for beverage companies. Using data from the 1994 US-hosted World Cup, BofA expects about 0.8 million...
Investigation into Wealthfront's securities fraud continues amid sharp stock drops and deposit declines.
Glancy Prongay & Murray LLP is investigating Wealthfront Corporation for potential securities law violations after the company reported significant financial setbacks. Wealthfront's stock fell sharply following disclosures of large net deposit outflo...
ControlUp named Leader for third year in Gartner's 2026 Digital Employee Experience Magic Quadrant.
ControlUp has been recognized as a Leader for the third consecutive year in Gartner's 2026 Magic Quadrant for Digital Employee Experience (DEX) Management Tools. This highlights ControlUp's innovation in Autonomous Endpoint Management using agentic A...
Gilead and Merck halt lung cancer trial but report positive HIV drug Phase 3 results.
Gilead Sciences and Merck have stopped their Phase 3 trial combining Trodelvy and Keytruda for metastatic non-small cell lung cancer after it failed to show statistically significant benefits. However, they announced positive Phase 3 results for a ne...
American Airlines signs largest sustainable aviation fuel deal with Google, boosting stock.
American Airlines has signed the largest sustainable aviation fuel (SAF) certificate agreement with Google, securing 35 million gallons of SAF over three years to reduce nearly 300,000 metric tons of CO₂ emissions. This deal supports American Airline...
Xos secures $3M order for 12 mobile charging units to boost autonomous fleet electrification in North America and Europe
Xos, Inc. has received a $3 million purchase order for 12 Xos Hub mobile energy storage and charging units from a leading autonomous fleet operator. These units enable rapid deployment of high-capacity charging across North America and Europe without...