American Fusion Inc. filed its Q1 2026 financial results reflecting the consolidation with Kepler Fusion Technologies after their reverse merger in February 2026. The company reported a net loss of $669,750 for the quarter, increased operating expenses due to public company costs, and cash of nearly $100,000. The reverse recapitalization accounting means no goodwill or intangible assets were recorded despite the merger. Management emphasized the ongoing development of its Texatron Fusion Engine prototype and strategic initiatives, while clarifying that accounting treatment does not reflect the technology's value. The company also updated shareholders on capital structure changes, including share cancellations and financing efforts to support future growth and regulatory compliance.
The US Golden Dome missile-defense system, designed to protect against ballistic, hypersonic, and cruise missiles, is under fire from Democrats and arms-control advocates. Critics warn it could cost over $1 trillion in 20 years, potentially trigger a...
Nike's stock climbed over 4% following a drop in crude oil prices and a slight decrease in long-term Treasury yields, which eased borrowing costs and improved market sentiment. The retreat in energy prices and bond yields helped revive confidence in ...
ZIM Integrated Shipping reported a 30% year-over-year sales decline to $1.40 billion in Q1 2026, missing expectations due to lower freight rates and an 8% drop in carried volume. Adjusted EBITDA fell 60% to $313 million with margins shrinking from 39...
GDS Holdings reported Q1 revenue of 3.37 billion yuan ($488.1 million), beating estimates, with EPS of 10.58 yuan ($1.53) also surpassing expectations. The company saw strong data center demand driven by AI, with record net new bookings of around 200...
A coalition of over 2,000 organizations in British Columbia has formed to support the province's outdoor sector, which is a $17 billion industry employing 80,000 people. The coalition aims to enhance health benefits, support outdoor businesses, and p...
