Phunware reported a 21% decline in Q1 2026 revenue to $0.5 million but improved its net loss to $3.2 million from $3.7 million a year earlier. The company enhanced its gross margin to 70.8% and reduced cash used in operations to $2.7 million. Phunware introduced two new hospitality products targeting luxury and independent properties, focusing on mobile app solutions to boost guest engagement and ancillary revenue. It also launched an AI Concierge product that integrates AI with mapping technology to personalize guest experiences. Management plans to rebuild commercial efforts around these product innovations and expand into other large property sectors while maintaining a strong cash position of nearly $98 million.
Zcash (ZEC) is approaching the $600 mark after breaking out of a multi-week consolidation, showing strong bullish momentum. The price has surpassed key moving averages and resistance levels, supported by healthy trading volume and positive technical ...
Ethereum is gaining strength, trading near $1,920 after surpassing its 26-day and 50-day EMAs, signaling renewed buying interest. The next key resistance is the 100-day EMA at around $1,944; a daily close above this could lead Ethereum toward the 200...
Bitcoin (BTC) is showing signs of recovery after a prolonged downtrend, breaking above its 26-day and 50-day exponential moving averages (EMAs) near $63,400 and $64,100 respectively. This technical rebound suggests strengthening short-term momentum a...
ETHSystems, a new Ethereum-focused non-profit backed by Bitmine Immersion Technologies and Ethereum co-founder Joe Lubin, aims to enhance privacy on the Ethereum network for institutional use. This marks the third non-profit stepping in as the Ethere...
Lockheed Martin Ventures, the $1 billion venture capital arm of Lockheed Martin, is expanding into the UK and Europe with a new London office. It plans to invest at least $100 million in defense technology startups to strengthen transatlantic defense...
