Chinese robotics companies blocked from the U.S. market due to new restrictions can still sell to American buyers by establishing real operations in Singapore, according to Choon Chong Tay, CEO of Vertex Ventures China. This strategy involves anchoring key operations and control of critical components in Singapore, allowing these companies to meet U.S. trade rules on product origin. The move comes as Chinese robotics manufacturers lead in hardware innovation but face U.S. bans on advanced robots citing national security. Vertex Ventures, backed by Singapore's Temasek, has invested in several Chinese robotics startups, betting that economic demand for affordable Chinese-made robots will overcome political barriers. This approach remains untested but reflects growing efforts to navigate the intensifying U.S.-China technology rivalry.
IREN Limited is set to report earnings showing a significant revenue drop from $187.3 million to around $132-142 million year-over-year, with an expected loss per share of approximately -$0.55 compared to last year's profit. The company faces challen...
Real REMAX Group finalized its acquisition of RE/MAX Holdings on August 24, 2026, forming a combined company with over 180,000 agents worldwide. The new entity trades on Nasdaq under the ticker REAX and blends Real's technology platform with RE/MAX's...
Build-A-Bear Workshop reported Q2 earnings per share of $0.70, beating analyst estimates despite a decline from $0.94 last year. However, revenue fell 7.2% year-over-year to $115.29 million, missing expectations and leading to a lowered annual sales ...
Workday reported fiscal Q2 revenues of $2.649 billion, up 12.8% year-over-year, driven by a 13.9% increase in subscription revenues to $2.471 billion. Operating income improved to $313 million, supported by AI adoption which now influences over 25% o...
Autodesk reported a 16% year-over-year revenue increase to $2.05 billion in Q2 fiscal 2027, driven by strong sales across design and manufacturing segments and the recent acquisition of MaintainX. The company highlighted AI integration as a key growt...
