GDS Holdings reported Q1 revenue of 3.37 billion yuan ($488.1 million), beating estimates, with EPS of 10.58 yuan ($1.53) also surpassing expectations. The company saw strong data center demand driven by AI, with record net new bookings of around 200MW in the quarter. Adjusted gross profit and EBITDA margins improved significantly year-over-year. However, GDS reaffirmed its 2026 revenue guidance below consensus estimates, causing shares to drop 6.41% to $37.82. The company plans multi-year expansion targeting 500–800 MW of new bookings annually and significant capital investment to grow its data center footprint.
ZIM Integrated Shipping reported a 30% year-over-year sales decline to $1.40 billion in Q1 2026, missing expectations due to lower freight rates and an 8% drop in carried volume. Adjusted EBITDA fell 60% to $313 million with margins shrinking from 39...
A coalition of over 2,000 organizations in British Columbia has formed to support the province's outdoor sector, which is a $17 billion industry employing 80,000 people. The coalition aims to enhance health benefits, support outdoor businesses, and p...
TowneBank announced a 3.7% increase in its quarterly cash dividend to $0.28 per share, payable July 10, 2026, to shareholders of record on June 26, 2026. This follows the recent $250 million sale of its Resort Property Management business and a speci...
Nvidia is set to report its Q1 2027 earnings with Wall Street expecting $78.8 billion in revenue and $1.77 EPS, marking record growth. Historically, Nvidia has consistently beaten revenue and EPS estimates, but recent earnings have shown that the sto...
At its May 20, 2026 shareholders meeting, Capgemini SE approved a dividend of €3.40 per share for the 2025 fiscal year, payable from June 4, 2026. The meeting also renewed the terms of key board members including Paul Hermelin and Maria Ferraro, and ...
