Drilling Tools International reported a Q1 2026 net loss of $1.5 million on $38 million revenue, impacted by softer Canadian activity and global market volatility. Despite a 4% decline in rig count, the company remains confident in achieving its 2026 revenue target of $155-$170 million and adjusted EBITDA of $35-$45 million, driven by growth in specialized offshore drilling tools. The company also completed a key transition to a fully independent public firm with increased share float and a refreshed board. It plans targeted investments in international markets to capitalize on emerging demand and expects Q2 to benefit from an earlier spring rebound in Canada.
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...
