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.
ZenaTech's subsidiary ZenaDrone is beginning to schedule live demonstrations of its drone technology for U.S. government defense agencies, marking a key step from testing to market readiness. Initial demos will feature the IQ Nano indoor drone, with ...
Charles Schwab announced record second-quarter results with $7.07 billion in revenue and $1.62 adjusted EPS, a 42% increase year-over-year. The company added 1.4 million new brokerage accounts and $120 billion in net new assets, signaling strong clie...
D.R. Horton reported strong quarterly earnings with an EPS of $3.20 and revenue of $9.23 billion, both exceeding analyst expectations. The results were driven by a 4% increase in home-closing volumes, totaling nearly 24,000 homes, along with contribu...
The U.S. Small Business Administration (SBA) announced a $6 million grant competition to fund the Women’s Business Center (WBC) Modernization Initiative. This initiative aims to expand statewide support networks for women entrepreneurs in eight state...
Copart's stock is under pressure following a Barclays analyst downgrade to a $26 price target and significant insider selling by a company director. The company faces a securities fraud investigation after CEO Jeff Liaw's resignation, which caused an...
