Yelp's decline is partly a story of macro pressure, with escalating US-Iran tensions pushing oil prices higher and a May CPI reading of 4.2%, the highest in three years, raising fears of sustained consumer purchasing power erosion. Higher inflation typically reduces discretionary consumer spending …
Factorial Energy's Nasdaq debut in 2026 adds another publicly traded name to the small but growing universe of solid-state battery companies, joining Solid Power and others that have already navigated the public market transition. Solid-state technology is widely viewed as the next major step …
Kodiak AI secured a contract with the US Marine Corps to integrate its Kodiak Driver autonomous system into military vehicles, a significant government validation of the company's technology beyond the commercial trucking market. Military contracts provide multiple strategic benefits including additional revenue, technology development …
PureCycle Technologies is using approximately $246 million of its new convertible note proceeds to retire its existing 7.25% green convertible notes due 2030, replacing them with 4.75% convertible senior notes due 2032. The 250 basis point reduction in the coupon rate translates into meaningful …
Factorial Energy debuted on Nasdaq under the ticker FAC on June 8 after completing its SPAC merger with Cartesian Growth Corporation III, with shares surging 16% on debut before pushing toward $25 in early trading before reversing sharply. The reversal reflects a pattern common …
Viant Technology slipped alongside the broader technology sector as macro headwinds including elevated inflation, rising oil prices tied to US-Iran tensions, and AI trade rotation weighed on software names. Despite the price weakness, Viant launched enhanced Publisher Solutions, a no-cost monetization intelligence toolset for …
PureCycle Technologies priced a dual $395 million capital raise comprising $250 million in 4.75% convertible senior notes due 2032 and approximately 17.7 million common shares at $8.21 each, a price that represented a significant discount to recent trading levels. The company intends to use …
Dana Incorporated announced a definitive agreement to merge with Eaton's Mobility Group in a Reverse Morris Trust transaction that values Eaton's business unit at $5.1 billion and the combined company at over $10 billion in enterprise value. A Reverse Morris Trust is a tax-efficient …
Factorial Energy is a solid-state battery developer that went public on Nasdaq under the FAC ticker on June 8, 2026 after completing a SPAC merger with Cartesian Growth Corporation III. Solid-state batteries replace the liquid electrolyte in conventional lithium-ion cells with a solid material, …
Dana Incorporated shares fell while Eaton's stock rose simultaneously on the same merger announcement, illustrating how the same transaction can create divergent shareholder outcomes depending on the deal structure. For Eaton, the Reverse Morris Trust structure allows it to offload its Mobility Group while …