StubHub reported strong first-quarter results with revenue of $446 million, a 12% increase year-over-year, surpassing analyst expectations. The company swung to a net income of $48 million compared to a loss the previous year and saw adjusted EBITDA rise to $72.1 million with improved margins. Free cash flow nearly doubled to $290.6 million, and the company reduced debt by $100 million. StubHub reaffirmed its full-year 2026 guidance, expecting gross merchandise sales between $9.9 billion and $10.1 billion and adjusted EBITDA of $400 million to $420 million, signaling confidence in continued growth and profitability.
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...
