Cardinal Infrastructure Group reported Q1 2026 revenue of $167.5 million, up 105% year-over-year, driven by 64% organic growth and acquisitions including ALGC. Net income rose 73% to $11.5 million, while backlog increased 60% to $854 million, signaling strong project demand. The company raised its full-year 2026 revenue guidance to $675-$685 million and expects adjusted EBITDA margins above 20%, citing robust bidding and an active M&A pipeline. These results highlight Cardinal's expanding market presence and operational scale in infrastructure services across the Southeastern U.S.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Gabriel Holding A/S has agreed to sell its European FurnMaster furniture manufacturing operations, including subsidiaries in Poland and Lithuania, to Leggett & Platt for an initial price of approximately EUR 9 million, with a possible additional paym...
A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...
Crypto investigator ZachXBT criticized all current hardware wallets as insecure and unreliable for signing transactions or storing significant funds. He highlighted Ledger as particularly problematic due to frequent updates that disrupt basic functio...
