Canadian Solar's energy storage unit, e-STORAGE, announced that its KuBank 3.0 commercial and industrial energy storage system passed the latest UL 9540A:2026 large-scale fire test on the first attempt. The test, which simulates extreme fire conditions, showed no explosion or fire spread, validating KuBank 3.0's advanced safety features like liquid cooling and multi-layer fire protection. This certification enhances customer confidence, aids regulatory approvals, and supports safer deployment in commercial settings. KuBank 3.0 is now in mass production and available globally, marking a significant step in energy storage safety standards.
LyondellBasell Industries (LYB) has been upgraded to a buy rating due to its stronger infrastructure and favorable market position. The company's EBITDA margins jumped from 9% to 23%, driven by cost optimization and supply disruptions in the Middle E...
Binance will delist the LTC/BNB trading pair on August 21 but will keep other Litecoin pairs active, allowing continued trading of LTC. Despite the delisting, Litecoin's price remains strong near $52, showing signs of being overbought but maintaining...
Kylie Jenner's X (formerly Twitter) account was reportedly hacked to promote a Solana-based meme coin called 'kylie.' The token's market cap surged to nearly $1.19 million before plummeting about 68%. The posts promoting the coin were quickly deleted...
Xpeng's shares fell over 9% in Hong Kong following a third-quarter delivery forecast that missed investor expectations due to supply chain issues affecting its MONA L03 model. The company reported a wider net loss in Q2 but revenue rose 8%. Meanwhile...
Amazon's Q2 net sales rose 20% to $200.6 billion, driven by AWS's fastest growth in 18 quarters at 37%. Heavy capital expenditures are justified by strong cloud demand, with Trainium adoption boosting margin expansion. The stock's forward P/E is at a...
