LanzaTech announced a registered direct offering of common stock to raise about $20 million, aiming to improve its financial position. Despite a 66% stock drop over the past year and a first-quarter loss of $1.77 per share, the company is making operational strides, including progress on sustainable aviation fuel projects in Japan, the UK, and India. The capital raise supports LanzaTech's restructuring efforts and innovation in carbon management technologies. Shares fell 15.4% to $8.23 following the announcement.
SharonAI Holdings reported a first-quarter EPS loss of $1.43, slightly worse than last year's $1.34 loss, with revenue declining to $294,014 from $325,092. Despite this, the company highlighted strong demand for its AI cloud services and announced an...
ImmunityBio secured exclusive U.S. development and supply rights for the Tokyo-172 strain of BCG, an investigational bladder cancer therapy not yet FDA-approved. This follows positive Phase 3 trial results showing Tokyo-172 BCG is as effective as the...
Baidu reported strong Q1 2026 earnings, with EPS of $1.75 surpassing analyst expectations of $1.67 and revenue of $4.65 billion beating estimates of $4.54 billion. The company's rapid growth in AI-powered cloud services now accounts for over half of ...
Arbor Biotechnologies appointed Mathew Pletcher, Ph.D., as its new Chief Scientific Officer, succeeding John Murphy who is retiring. Dr. Pletcher brings nearly 20 years of experience in gene therapy and rare diseases, having held leadership roles at ...
GetDandy has introduced an autonomous AI workforce platform that provides local businesses with enterprise-level tools for communications, marketing, and reputation management. The platform handles customer interactions across multiple channels like ...
