Sanlorenzo S.p.A. posted a 3.8% year-on-year increase in net revenue for new yachts, reaching EUR 471.3 million in the first half of 2026. The Superyacht division led growth with a 12.4% rise, supported by strong sales in the APAC and Americas regions. EBITDA rose 3.7% to EUR 83.5 million, with an EBITDA margin of 17.7%, and net profit increased 5.4% to EUR 49.1 million. The company invested EUR 18 million in expanding industrial capacity and product development, maintaining a strong financial position with EUR 49.4 million net cash by June 2026. This performance reflects Sanlorenzo's resilience amid global geopolitical challenges and positions it well for continued expansion.
Baidu announced that its Class A ordinary shares listed on the Hong Kong Stock Exchange will be included in the Shanghai-Hong Kong Stock Connect program starting September 7, 2026. This inclusion allows eligible mainland Chinese investors to directly...
Curaleaf Holdings has opened a new cannabis dispensary in Riverview, Florida, marking its 77th location in the state and 178th across the U.S. This expansion reflects Curaleaf's strategy to grow its presence in Florida's fast-growing medical cannabis...
SpaceX's stock currently trades below its first closing price despite a strong IPO debut, with a consensus analyst target price about 48% higher than the current price. Raymond James analyst Brian Gesuale projects a much more optimistic outlook, sett...
Critical Metals has consolidated 92.5% ownership of the Tanbreez heavy rare earths project and secured a 15-year offtake agreement with REalloys. The company has started a 10,000-meter drilling program to better define its resources. Tanbreez stands ...
Xcel Energy declared a quarterly dividend of $0.5925 per share, continuing its streak of annual dividend increases aligned with its 4%-6% raise policy. The company operates as a regulated utility, providing predictable cash flows supported by state-a...
