SHARC Energy announced a 40% revenue increase to $3.04 million for the year ended 2025, driven by a maturing sales pipeline and expanding wastewater energy transfer market. The company doubled its sales order backlog to $6.9 million, more than twice its 2025 revenue, providing strong near-term revenue visibility. Despite reporting losses, SHARC improved adjusted EBITDA and reduced losses through disciplined cost management. With new product launches, secured orders in 2026, and expanding projects, SHARC is positioned for significant growth in 2026.
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
The US government announced it will impose a new 25% tariff on Brazilian ethanol starting next Wednesday, accusing Brazil of unfair trade practices. This tariff excludes major Brazilian exports like oil, beef, coffee, and aircraft parts. The move fol...
Alibaba and Baidu shares rose after Apple received approval from China's Cyberspace Administration to include Apple Intelligence, integrating Alibaba's Qwen AI model and Baidu's AI features into Apple devices in China. This partnership allows users t...
Ondo Finance has introduced the first tokenized stock representations backed by DTCC tokenized entitlements, joining major financial firms in a significant tokenization initiative. This move highlights Ondo's unique position in building infrastructur...
Leading Japanese companies, startups, and research institutions are developing specialized AI models using NVIDIA Nemotron open models to address Japan's unique language, industrial, and workforce challenges. These AI applications range from enterpri...
