Tenaris announced a 6% year-on-year increase in net sales to $3.1 billion and a 9% rise in net income to $564 million for Q1 2026. The company faced challenges from the Middle East conflict and Strait of Hormuz closure but saw sales growth driven by higher activity in Canada, Mexico, Brazil, and North Africa. Margins remained stable due to offsetting cost factors, and free cash flow was strong at $503 million. Looking ahead, Tenaris expects Q2 sales to be impacted by lower Middle East shipments but anticipates recovery in the second half of 2026 if the Strait of Hormuz reopens soon.
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...
DMG Blockchain Solutions announced two strategic investments: one in MeetAmi Innovations, a Canadian fintech offering digital asset wealth management platforms, and another in Atomic47 Labs, an AI company focused on secure, sovereign AI infrastructur...
Gnosis (GNO) surged 13% in 24 hours, closing in on overtaking BONK by market capitalization to reach the 100th largest token spot. GNO's market cap stands at $303.88 million versus BONK's $330.07 million, requiring a price rise to about $125.48 for t...
Broadridge's Tokenization Pulse Survey shows 84% of firms view tokenization as strategically important, with 68% expecting it to reshape markets within 3-5 years. Most firms plan to integrate tokenization into existing infrastructure rather than buil...
Standard Chartered has partnered with Broadcom to modernize its global banking infrastructure by adopting a secure, resilient private cloud using VMware Cloud Foundation. This upgrade supports critical banking services across 54 markets with enhanced...
