Valens Semiconductor reported Q1 2026 revenues of $16.9 million, surpassing the top end of its guidance range of $16.3-$16.7 million. The company achieved a GAAP gross margin of 62.2%, also above its guidance of 57%-59%. Automotive and Cross-Industry Business segments contributed 35% and 65% of revenues respectively. Despite a net loss of $8.3 million, Valens improved its adjusted EBITDA loss to $5.5 million, better than expected. The company holds $86.1 million in cash and expects Q2 revenues between $17.2 million and $17.6 million with a gross margin of 60%-62%.
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...
Ethereum (ETH) has outperformed Bitcoin (BTC) in Q3, driven by a rally sparked by a softer CPI report and strong on-chain metrics. The recent surge pushed ETH above $1,900, triggering significant liquidations in futures positions. However, ETH now fa...
Solana's number of wallets holding tokenized real-world assets (RWAs) has exceeded 300,000, surpassing Ethereum's roughly 200,000 holders. While Solana's RWA value doubled in 2026 to $3.45 billion, Ethereum still leads with $16.3 billion in tokenized...
Baidu's board has approved a plan to convert to a dual-primary listing on the Hong Kong Stock Exchange's Main Board, alongside its existing Nasdaq listing. This move aims to enhance the liquidity of Baidu's shares, broaden its investor base, and prov...
