Copart reported strong fiscal Q3 2026 results, with earnings per share rising 2.4% to $0.43 and revenue increasing 2.1% to $1.24 billion, both surpassing analyst expectations. Despite a 2.4% drop in unit volumes, improved average selling prices and a favorable revenue mix boosted the company's gross margin to 46.3%. Jefferies adjusted its price target to $45, implying a 33% upside from the current stock price of $33.79. CEO Jeff Liaw highlighted that rising repair costs could drive long-term growth by increasing total loss frequency, supported by strong international revenue growth of 14.1%.
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...
DMG Blockchain Solutions announced two strategic investments: one in MeetAmi Innovations, a Canadian fintech offering digital asset wealth management platforms, and another in Atomic47 Labs, an AI company focused on secure, sovereign AI infrastructur...
Gnosis (GNO) surged 13% in 24 hours, closing in on overtaking BONK by market capitalization to reach the 100th largest token spot. GNO's market cap stands at $303.88 million versus BONK's $330.07 million, requiring a price rise to about $125.48 for t...
Broadridge's Tokenization Pulse Survey shows 84% of firms view tokenization as strategically important, with 68% expecting it to reshape markets within 3-5 years. Most firms plan to integrate tokenization into existing infrastructure rather than buil...
Standard Chartered has partnered with Broadcom to modernize its global banking infrastructure by adopting a secure, resilient private cloud using VMware Cloud Foundation. This upgrade supports critical banking services across 54 markets with enhanced...
