CXApp Inc shares surged 72.74% in after-hours trading following its acquisition of EngineRoom, an AI-powered growth intelligence platform. This deal is expected to increase CXApp's annual revenue run rate from $4 million to over $12 million and add about $1.6 million in adjusted EBITDA. EngineRoom brings around $8.1 million in mostly recurring revenue and over 50 new customer relationships. The acquisition supports CXApp's goal to expand its AI solutions across multiple industries and enhance its Agentic AI SKY platform.
The global data center colocation market, valued at $84.5 billion in 2025, is projected to reach $327.3 billion by 2035, expanding at a 14.5% CAGR. Growth is fueled by rising digitalization, demand for edge computing, low latency applications, and go...
Burckhardt Compression reported strong 2025 results with sales around CHF 1.06 billion and an EBIT margin of 13.3%, despite a 31.9% drop in order intake due to global disruptions and a stronger Swiss Franc. The company achieved record operating incom...
Three ultra-luxury real estate projects in Hong Kong and Shanghai achieved record sales despite a challenging market in 2025. A HK$2.2 billion sale for two houses in Deep Water Bay, Hong Kong, set a high price per square foot, driven by architecture ...
Ethereum's retail accumulation addresses have surged to near-record levels in late 2025 and early 2026, indicating strong buying interest from smaller investors. However, key on-chain metrics like the Spent Output Profit Ratio (SOPR) hovering near 1 ...
Biotech and pharma mergers and acquisitions (M&A) reached $106 billion across 201 deals in early 2026, driven by urgent needs to replace revenue from expiring drug patents and renewed investor interest. Despite rising interest rates and inflation, de...
