Stellantis announced plans to release a new lineup of Ram muscle trucks called Rumble Bee, featuring powerful V-8 engines including a top SRT Hellcat model with 777 horsepower and a 170 mph top speed. Despite high U.S. gas prices, the company sees these trucks as halo products that will boost brand attention and profitability. The trucks will debut starting late 2026 with production in Mexico, aiming to attract enthusiasts and maintain customer interest amid a shift toward electric vehicles. Pricing details are pending, but the lineup is expected to include models ranging from an entry-level 5.7-liter V-8 to a high-end SRT variant.
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...
TowneBank announced a 3.7% increase in its quarterly cash dividend to $0.28 per share, payable July 10, 2026, to shareholders of record on June 26, 2026. This follows the recent $250 million sale of its Resort Property Management business and a speci...
Nvidia is set to report its Q1 2027 earnings with Wall Street expecting $78.8 billion in revenue and $1.77 EPS, marking record growth. Historically, Nvidia has consistently beaten revenue and EPS estimates, but recent earnings have shown that the sto...
