Astera Labs announced record Q1 2026 revenue of $308.4 million, a 93% increase year-over-year and 14% sequential growth, fueled by strong sales of its PCIe 6 AI fabric and signal conditioning products. The company is shipping its new Scorpio X-Series 320-lane AI fabric switch and expanding its Scorpio P-Series PCIe 6 switch family, targeting the growing AI infrastructure market. Astera Labs expects continued growth with a Q2 revenue forecast of $355-$365 million and is investing in advanced AI connectivity solutions to maintain its leadership in rack-scale AI technology.
CBAK Energy Technology showcased its innovative lithium-ion and sodium-ion cylindrical batteries designed for Southeast Asia's electric two- and three-wheelers at Autotech & Accessories 2026. Their batteries feature long life, high reliability, and s...
WeRide and Renault Group continue their partnership by operating the autonomous Robobus shuttle service at the Roland-Garros tennis tournament for the third consecutive year. The service runs a 2.8 km route connecting key points around the stadium, o...
Municipality Finance Plc has issued a $1 billion benchmark bond under its Medium Term Note (MTN) programme, with a fixed interest rate of 4.25% per annum and maturity set for May 27, 2031. This bond is part of MuniFin's EUR 50 billion debt issuance p...
Eli Lilly reported positive Phase 1b results for VERVE-102, a gene therapy that permanently silences the PCSK9 gene to reduce LDL cholesterol by up to 62%. The therapy showed sustained effects for up to 18 months and was well-tolerated with no seriou...
SpaceX's upcoming IPO may cause forced ETF buying of $22-$27 billion as Nasdaq changes rules to fast-track the company's index inclusion. The Nasdaq 100 now allows new companies to join within 15 days if their market cap ranks in the top 40, removing...
