H&R Block reported a strong quarter with 6% growth in EBITDA and 5.3% revenue growth, overcoming concerns about AI disrupting its business. The company's assisted tax segment performed best in three years, with paid filers declining less than 1%, while free filer volume dropped more. Cost control and potential sales of underperforming units like Wave and Block Advisors could improve prospects further. Additionally, H&R Block is set to execute a $400 million share repurchase, potentially retiring 9% of its float in six months, which may boost its stock price back to the mid-$50 range by year-end.
Lin Hui, President of the Shenzhen Chamber of Commerce, led a delegation to Munich on June 23 to attend The smarter E Europe, a leading European new energy trade fair. The visit focused on strengthening cooperation between Shenzhen and Europe in phot...
Sigenergy has introduced SigenStor Neo, a next-generation all-in-one residential energy storage system enhanced by AI, designed for full home energy autonomy. This system integrates five key components including a photovoltaic inverter, battery, powe...
Sigenergy has introduced SigenStor Neo, a next-generation all-in-one home energy storage system designed for full energy independence. The system integrates five key components—including PV inverter, battery, and energy management—into a compact unit...
Inventors have filed a patent for the QAIAx TDC Model Code, establishing strict safety rules and a certification program for workers in AI-managed microcities housing 1,500 to 15,000 residents. This project, part of an NIH clinical trial, tests safe ...
Aptos fixed a critical vulnerability in its Move virtual machine that could have exposed up to $70 billion in digital assets to systemic risk. The flaw, discovered by security firm Hexens, involved a type-confusion bug that could misinterpret on-chai...
