SEC May Oppose FTX’s Debt Repayment in Stablecoinsby John Darbie 03.09.2024SEC may challenge FTX's plan to repay creditors in stablecoins, impacting over $14.5 billion in claims.
Intuit Projects Revenue Growth with AI Toolsby Mark Eisenberg 23.08.2024Intuit forecasts revenue above estimates with AI tools amid workforce changes and price hikes.
APA Considers $1 Billion Permian Asset Saleby Mark Eisenberg 20.08.2024APA Corp explores selling Permian assets to reduce debt amid industry dealmaking boom, focusing more on shale operations.
Electrovaya Nears $40M Financing, Eyes 2026 Plant Launchby Mark Eisenberg 19.08.2024Electrovaya close to securing $40M for its Gigafactory, aiming for 2026 production start in Jamestown, promising economic growth.
Thyssenkrupp’s Q3 Results: Mixed but Stableby Mark Eisenberg 19.08.2024Thyssenkrupp reports mixed Q3 results amid restructuring, highlighting stable finances and key segment challenges.
Porsche Invests in Varta’s Restructuring Planby Mark Eisenberg 18.08.2024Porsche aids Varta, reducing its debt and securing battery supply, while Varta plans no major job cuts.
Telesat’s Steady Path with Lightspeed and Financialsby Mark Eisenberg 18.08.2024Telesat's Q2 results show solid revenue and cash flow. Focus remains on Lightspeed project and stable financial guidance.
Biotech Sector Faces Workforce Cuts Amid FDA Approvalsby Lilu Anderson 18.08.2024Biotech firms restructure with layoffs as FDA approves new drugs, exemplifying industry challenges and opportunities.
WPP H1 2024 Results: Key Takeaways and Future Outlookby Mark Eisenberg 18.08.2024WPP faces sales decline but boosts profits with AI and tech focus. Strategic moves include reducing debt and enhancing efficiencies.
Hut 8’s Q2 Revenue Soars Amid Bitcoin Volatilityby John Darbie 18.08.2024Hut 8 reports $35.2M revenue in Q2 2024, despite Bitcoin crash. Gross margins improve while net losses widen.