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.
Applied Materials reported record third-quarter results and issued a fourth-quarter revenue guidance of $10.25 billion, significantly exceeding analyst expectations. The company reduced its revenue dependence on China to 26%, lowering geopolitical ri...
Duolingo is rated a Buy due to accelerating user growth and improved efficiency from AI, which has increased margin forecasts. The company prioritizes expanding its user base over immediate profits, aiming for 100 million daily active users by 2028, ...
A forthcoming SEC proposal could change the regulatory landscape for cryptocurrencies like XRP, Hedera's HBAR, and Stellar's XLM by introducing a formal process for crypto projects to seek non-security status. This would broaden the group of tokens w...
Jim Cramer is highlighting semiconductor stocks as key investments due to strong earnings driven by AI infrastructure demand. Major players like NVIDIA, AMD, Broadcom, Qualcomm, and Marvell show varied strengths: NVIDIA and AMD lead in merchant GPU c...
AXIS Capital Holdings Limited reported 15% year-over-year growth in premiums written and diluted book value, maintaining a strong combined ratio of 93.1%. Despite a 25% decline in reinsurance premiums, its Series E preferred stock (AXS.PR.E) provides...
