Raspberry Pi Holdings PLC reported a 90% revenue increase to $256.9 million for the first half of 2026, driven by strong OEM demand and a 17% rise in unit shipments to 4.2 million. Adjusted EBITDA more than doubled to $40.3 million, with profit before tax up 216% to $19.6 million. Despite a slight margin dip due to higher memory costs, the company expanded its edge-AI offerings and saw strong demand in Smart Home and Aerospace sectors. With a doubled order backlog and increased production capacity, Raspberry Pi expects second-half volumes and full-year EBITDA to surpass market expectations.
Raspberry Pi's record first-half revenue and profit surge provide context for technology sector dynamics. For readers following the technology sector, here is Pluang's market snapshot as of Sep 24, 2026 14:11 WIB: out of 150 US tech stocks, 26 rose and 121 fell. Among notable movers, VNET traded at USD 6.92 with 80% buy orders, AEHR at USD 94.52 with a near-even buy/sell split, and KLTR at USD 1.34 with all buy orders. Typical hold times range from 14 to 20 days.
SpaceX is ineligible to join the S&P 500 index before June 2027 because of the index's listing rules, which include a minimum time as a public company. Additionally, SpaceX's current financial losses may delay its inclusion further. This means invest...
Spartan Metals Corp. received approval from the US Bureau of Land Management to add seven new drill pads at its Eagle Tungsten-Silver-Rubidium Project in Nevada, increasing the total authorized drill sites to 32. These new sites were selected based o...
American spot XRP ETFs are approaching $2 billion in assets under management, driven by significant institutional buying despite a recent 5-6% price drop in XRP. On September 23, net inflows into these ETFs totaled $18.04 million, with major contribu...
Bitcoin experienced $14.19 million in long-position liquidations within an hour ending at 08:52 UTC on September 24, as its price fell 1.19% from $84,509 to $83,500. The total liquidation volume, including short positions, reached $14.27 million acro...
Binance has increased its holdings of Uniswap's governance token UNI to over 71.5 million, the highest in six months, coinciding with the token's price reaching $10.21, a 108% rise from the quarterly baseline. Significant inflows occurred around mid-...
