Zoomcar Holdings reported a 2% rise in net revenue to $2.35 million for Q1 2026, with contribution margin expanding sharply to 70% from 49%, driven by a strategic shift to longer, higher-value trips. Contribution profit per booking increased 72% to $18.75, marking the eleventh consecutive quarter of positive contribution profit. Adjusted EBITDA loss narrowed 65% to $0.61 million, the lowest in nearly three years, reflecting improved operational efficiency and cost reductions, including lower losses from accidental damage and theft. The company also expanded its vehicle offerings with a two-wheeler pilot and is actively raising growth capital while pursuing debt restructuring and a potential uplisting to a major U.S. exchange.
Nvidia's stock rose over 5% last week following record Q2 earnings and an upward revision of its long-term revenue forecast, driven by strong demand for its Blackwell AI architecture. Finbold's AI Agent predicts the stock could rally further, reachin...
Diamondback Energy (FANG) reported strong quarterly earnings, beating EPS and revenue estimates, supported by robust free cash flow and significant debt repayments. The company is well-positioned to benefit from growing data center energy demand thro...
In 2026, major athletic apparel stocks Nike, Dick's Sporting Goods, and Lululemon have fallen sharply by 38%, 29%, and 52% respectively, while the broader retail sector and S&P 500 have risen. Nike's decline began after a disappointing guidance reset...
Norway's Government Pension Fund Global, the world's largest sovereign wealth fund, proposed gradually reducing its $80 billion exposure to long-term U.S. Treasuries starting in 2027. This move raises questions about the future value of the iShares 2...
The XRP Ledger has surpassed 8 million funded accounts, lowering the XRP amount needed to rank in the top 10% of holders to around 3,333 XRP. This shift is due to the growing number of wallets, many holding small amounts, which dilutes the threshold ...
