Raspberry Pi Holdings PLC has upgraded its full-year profit outlook following a stronger-than-expected first half of 2026, with adjusted EBITDA now expected to reach at least $38 million. The company shipped over 4 million units in the first six months, driven by growth in volumes, a favorable product mix, and strategic use of low-cost DRAM inventory purchased in 2025. Despite rising DRAM prices, demand remains robust, though unit economics may moderate in the second half as cheaper inventory depletes. Raspberry Pi plans to focus on gaining market share and strengthening customer relationships while securing memory supplies and using debt facilities to capitalize on buying opportunities.
The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Viasat and BMW Group have successfully demonstrated the first integrated automotive satellite voice call, allowing drivers to make calls directly through the car's infotainment system even in areas without cellular coverage. This advancement, utilizi...
Iran has warned it will retaliate fiercely if the US targets its infrastructure, following President Trump's threat to strike Iranian power plants and bridges next week if negotiations fail. The US recently conducted airstrikes against Iranian milita...
Solana (SOL) maintains its price in the mid-$70 range, supported by several key developments. These include Circle's recent issuance of $500 million in USDC on the Solana network, increasing liquidity and transactional demand. Additionally, instituti...
