Alstom reported a record €27.6 billion in orders for fiscal year 2025/26, with sales up 3.7% to €19.2 billion, but faced execution difficulties on some rolling stock contracts impacting margins and cash flow. Adjusted EBIT margin slightly declined to 6.1%, while net profit more than doubled to €324 million. The company plans to improve project execution, streamline costs, and accelerate procurement savings in 2026/27, targeting an adjusted EBIT margin of around 6.5% and positive free cash flow despite expected seasonal cash consumption. A detailed operational plan and medium-term ambitions will be presented at a Capital Markets Day in early 2027.
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...
