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H.I.G. Capital, a global alternative investment firm managing $69 billion in assets, has officially completed its acquisition of Converge Technology Solutions Corp. and announced the integration of Converge with its portfolio company, Mainline Information Systems, LLC. The newly formed entity will operate under a …
Tesla, Inc. (NASDAQ:TSLA) reported financial results for the first quarter of 2025, revealing a 9% year-over-year drop in total revenue to $19.3 billion, primarily attributed to planned production line upgrades for the revamped Model Y across its four global vehicle factories.
Intuitive Surgical, Inc. (Nasdaq:ISRG) has reported financial results for the first quarter ended March 31, 2025. the results are driven by the demand for robotic-assisted procedures and the adoption of its next-gen da Vinci 5 system powered growth across the board.
U.S. stock futures edged higher, partially recovering from the previous session’s sharp losses as investors weighed concerns over Federal Reserve independence and unclear economic direction from the Presidential administration. All three major indices were set to open just under 1% higher. The earlier selloff, …
Commercial insurer W.R. Berkley Corp. (NYSE:WRB) reported a 5.6% decline in first-quarter earnings on Monday, as mounting catastrophe losses dragged down its underwriting performance, marking the company’s first quarterly profit drop in nearly two years.
Walgreens (NASDAQ:WBA) Boots Alliance has agreed to pay up to $350 million to resolve allegations that it filled millions of unlawful prescriptions for opioids and other controlled substances over more than a decade, the U.S. Department of Justice (DOJ) announced on Friday.
Smackover Lithium, a joint venture between Standard Lithium Ltd. and Equinor, announced that its South West Arkansas (SWA) Project has been selected as one of the first strategic mineral production ventures to advance under Executive Order 14241, signed by President Donald Trump in March …
Index Update -US equities tumbled Wednesday as tech stocks led a broad sell-off, with the Nasdaq plunging 3% and the S&P 500 dropping 2.2%, after Nvidia warned of a $5.5 billion hit from new US export restrictions on AI chips to China. The route …
Evotec SE (NASDAQ: EVO) has published its full-year 2024 financial results, along with its strategic roadmap through 2028. Following a comprehensive review process, the company announced a realignment to focus on core areas of scientific and technological expertise within drug discovery and biologics development.
Niu Technologies (NASDAQ: NIU) has reported notable advancements in its 2024 Environmental, Social, and Governance (ESG) performance. According to S&P Global's Corporate Sustainability Assessment (CSA), NIU increased its ESG score by 14 points from the previous year to reach a total of 43. This …
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