Freightos reported a 15% increase in transactions and a 33% rise in gross booking value in Q2 2026, signaling deeper adoption of digital freight procurement. Platform revenue grew 19%, while buyer count rose only 4%, indicating that transaction infrastructure is scaling activity faster than user growth. The company sees AI's key role in execution—automating freight comparisons and procurement as rates and capacity become machine-readable. Despite modest overall revenue growth and some SaaS declines, Freightos narrowed its EBITDA loss and aims for breakeven by end-2026, reflecting growing value in digital freight amid market volatility and geopolitical disruptions.
Shopify reported strong Q2 2026 earnings, surpassing analyst expectations thanks to significant growth in AI-driven commerce. AI-driven traffic and orders to Shopify stores tripled year-over-year, boosting confidence in the company's AI innovation. S...
Evercore ISI raised Ross Stores' price target to $276, suggesting a 12.5% upside from its current $245.36 price. The boost reflects strong expectations for Q2, with projected revenues of $6.10 billion (up 10.7%) and earnings per share of $1.92 (up 23...
Rosen Law Firm is investigating a class action lawsuit against Elauwit Connection, Inc. after the company disclosed errors in its 2025 financial statements related to network construction revenue. This disclosure caused Elauwit's stock to drop by 6.8...
Berger Montague PC is investigating ADMA Biologics' Board of Directors for potential breaches of fiduciary duty related to alleged channel-stuffing practices. The firm suspects ADMA inflated revenue growth by pushing more of its flagship product, ASC...
Gold prices held steady to slightly higher amid uncertain Iran Strait of Hormuz negotiations, while silver production surged and demand for silver bars and coins rebounded from recent lows. Weak US inflation data reduced expectations for Fed rate hik...
