RYTHM, Inc. announced a 24% increase in revenue to $13.3 million for Q1 2026, driven by strong sales of its THC brands. Gross profit margin improved to 78%, and the company ended the quarter with $33.3 million in cash. RYTHM expanded its product line with new THC treats and launched its first non-alcoholic THC spirit, 1777 by Señorita. The company expects Q2 revenue to grow 65% sequentially to about $22 million, supported by a new fixed licensing agreement and strong consumer demand for THC beverages.
TripAdvisor has agreed to sell its European restaurant reservation platform, TheFork, to American Express for $700 million in cash. TheFork generated $232 million in revenue and $28 million in adjusted EBITDA in the past year. This sale supports Trip...
Smart Clerk, an AI-powered bookkeeping platform, has surpassed 6,000 small business users who rely on its tools to simplify bookkeeping and generate tax-ready reports. The platform recently enhanced its connectivity by integrating with financial data...
The sulfuric acid market is projected to grow from $41.23 billion in 2025 to $49.94 billion by 2030 at a CAGR of 3.9%. Growth is driven by rising demand in metal processing, especially for base metals used in construction, electronics, and renewable ...
SpaceX shares have surged above $170 shortly after its IPO, surpassing two of three early analyst price targets. Initial targets ranged from $165 to $190, with the stock closing near $161 on the first day and rising to around $170 by the second day. ...
Tesla has been accused of presenting misleading safety data to European regulators to gain approval for its Full Self-Driving (FSD) system. Independent researchers and Reuters found that Tesla exaggerated its safety claims by using unrealistic assump...
