Navitas Semiconductor reported an 18% sequential revenue increase to $8.6 million in Q1 2026, driven by growth in high-power markets such as AI data centers, grid infrastructure, and industrial electrification. The company is shifting focus from mobile to high-power sectors, which now make up the majority of its revenue and are expected to fuel ongoing growth. Navitas also appointed Tonya Stevens as CFO to lead financial strategy and aims to expand gross margins and improve profitability throughout 2026. The company anticipates over 16% sequential revenue growth in Q2 2026, supported by new product innovations and strong customer demand in AI and energy markets.
On June 15, 2026, BlackRock, Inc. and its funds reduced their total holdings in Orion Corporation to below 5% of the company's shares and voting rights. This change was disclosed under the Finnish Securities Market Act, indicating a decrease from a p...
Autonomize, a healthcare AI platform, has strengthened its leadership by appointing three industry veterans to its Advisory Board and hiring Mike Longacre as Head of Transformation. These moves aim to help healthcare organizations move beyond AI pilo...
Fairfax Financial Holdings has finalized its acquisition of Kennedy-Wilson Holdings at $10.90 per share in cash, led by a consortium including Kennedy Wilson's CEO William McMorrow and affiliates of Fairfax. The Kennedy Wilson management team retains...
Aya Gold & Silver Inc., a Canadian precious metals mining company operating in Morocco, will be added to the VanEck Gold Miners ETF (GDX) effective June 19, 2026. This inclusion marks a significant milestone reflecting the company's growth in product...
Nephros, Inc. emphasizes its ultrafiltration technology's ability to capture microplastics and nanoplastics in water, following the U.S. EPA's April 2026 decision to list microplastics as a priority contaminant under the Safe Drinking Water Act. The ...
