Outdoor Holding Company, owner of GunBroker.com, reported a 10.1% revenue increase to $13.9 million in Q4 fiscal 2026, with adjusted EBITDA rising to $7.7 million from $2.9 million last year. The company narrowed its net loss to $1.5 million from $78.3 million and reduced operating expenses significantly, driven by cost cuts and resolved legal issues. Positive cash flow and platform investments, including AI enhancements, position the company for continued growth and profitability in fiscal 2027. Management highlights strong operational momentum and a strengthened balance sheet with $68.1 million in cash at year-end.
Lululemon invested in Syntetica's $30 million Series A funding to support its innovative recycling of Nylon 6 and Nylon 6,6, materials difficult to separate and reuse in textile waste. This move aligns with growing industry demand for sustainable, co...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
The US government announced it will impose a new 25% tariff on Brazilian ethanol starting next Wednesday, accusing Brazil of unfair trade practices. This tariff excludes major Brazilian exports like oil, beef, coffee, and aircraft parts. The move fol...
