Constellium reported a strong first quarter in 2026, with revenue up 24% to $2.5 billion and net income rising to $196 million from $38 million a year earlier. The company achieved record quarterly segment adjusted EBITDA of $262 million and an overall adjusted EBITDA of $359 million, benefiting from favorable market conditions including supply shortages and metal price dynamics. Cash flow from operations was $73 million, and free cash flow was $5 million. Constellium raised its full-year 2026 guidance, expecting adjusted EBITDA between $900 million and $940 million and free cash flow exceeding $275 million, reflecting confidence in its market position despite ongoing macroeconomic uncertainties.
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...
