POET Technologies saw its stock rise 11.28% in after-hours trading following a Q1 report showing a reduced net loss of $0.08 per share, down from $0.32 last quarter. The company also reported a tripling of non-recurring engineering and product revenue to $503,389 compared to the previous year. Investor confidence was boosted by a $50 million initial purchase order from Lumilens, part of a potential $500 million deal over five years, alongside new development and collaboration agreements. POET plans to redomicile to the U.S. to avoid certain tax risks, positioning itself strongly amid growing demand for AI networking infrastructure.
Skanska has secured a construction contract worth approximately SEK 1.9 billion with an unnamed client. The project is scheduled to begin in August 2026 and is expected to be completed by the first quarter of 2029. This contract will be included in S...
Berto Acquisition Corp. II priced its upsized initial public offering at $274 million, selling 27.4 million units at $10 each. The SPAC, led by veteran sponsor Harry You, aims to merge with companies in technology, AI, and related sectors. Trading un...
FalconX has expanded its tokenized credit facility to the Monad blockchain, allowing its vault tokens, which represent real institutional loans, to be used as collateral in DeFi protocols like Morpho. This innovation lets institutional investors earn...
Ethereum experienced a significant short-term outflow of $47.27 million as traders moved capital into stablecoins like USDT and cash (USD), signaling a defensive stance amid market uncertainty. Meanwhile, stablecoins and fiat currencies such as South...
Duke Robotics Corp. announced a $9.2 million underwritten public offering of 1,125,000 units priced at $8.20 each, including common stock and warrants. The company plans to use the proceeds for R&D, sales expansion, marketing, business development, p...
