Ellomay Capital Ltd. reported a net loss of approximately €12.2 million for Q1 2026, compared to a profit of €6.8 million in Q1 2025, mainly due to lower electricity prices in Italy and Spain and increased financing expenses from currency fluctuations. Revenues slightly decreased to €8.7 million from €8.9 million year-on-year. The company completed the sale of its indirect holdings in Ellomay Luzon Energy for about €164 million in May 2026, resulting in early repayment of related secured debentures. Ellomay continues to develop renewable projects across Europe, the USA, and Israel, with ongoing solar and green gas projects and plans for battery storage expansion. The company remains focused on expanding its portfolio despite market volatility and geopolitical risks.
Ondo Finance has introduced the first tokenized stock representations backed by DTCC tokenized entitlements, joining major financial firms in a significant tokenization initiative. This move highlights Ondo's unique position in building infrastructur...
Leading Japanese companies, startups, and research institutions are developing specialized AI models using NVIDIA Nemotron open models to address Japan's unique language, industrial, and workforce challenges. These AI applications range from enterpri...
ERock, Inc. received a buy rating due to its innovative modular natural-gas power systems that help data centers avoid long waits for permanent grid power. The company has a strong $1.3 billion backlog supported by customer deposits, providing clear ...
IBM's business model remains strong despite a 7% decline in mainframe infrastructure revenue, supported by loyal legacy customers and solid free cash flow. Software growth, especially an 11% increase in Red Hat revenue, helps offset mainframe challen...
BMW is recalling 29,119 plug-in hybrid sedans due to a potential fire risk caused by corrosion in the engine starter's electrical relay. This defect can lead to a short circuit and overheating even when the vehicle is parked with the ignition off. Th...
