Illumina whole-genome sequencing technology to accelerate rare disease testing in Florida
Prnewswire· 2026-02-27 14:15
Increased adoption of clinical whole-genome sequencing is advancing diagnostics for rare diseases, which affect 15 million American children SAN DIEGO, Feb. 27, 2026 /PRNewswire/ -- Illumina, Inc. (NASDAQ: ILMN) today announced that Illumina Laboratory Services, Illumina's CLIA-certified laboratory, is providing clinical sequencing and interpretation services to the new Diagnostic Lab at Florida Institute for Pediatric Rare Diseases (IPRD) at Florida State University (FSU) College of Medicine, further drivi ...
Willdan Selected by Mt. SAC for $49 Million Distributed Energy and Resiliency Project
Businesswire· 2026-02-27 14:15
ANAHEIM, Calif.--(BUSINESS WIRE)---- $WLDN--Willdan Group, Inc. (NASDAQ: WLDN) announced today that it was selected by Mt. San Antonio College (Mt. SAC) in California to implement a $49 million energy services contract. The scope of work consists of the turnkey delivery of distributed energy resources (DERs) and infrastructure upgrades, including solar PV systems, a battery energy storage system, EV charging stations, and a comprehensive parking lot redesign. Construction is expected to be completed by t. ...
Trinity Capital: Not Your Typical 13%+ Yielding BDC
Seeking Alpha· 2026-02-27 14:15
Group 1 - Trinity Capital Inc. (TRIN) is highlighted as one of the top three Business Development Companies (BDCs) alongside Kayne Anderson BDC, Inc. (KBDC) and Fidus Investment (FDUS) [1] Group 2 - Roberts Berzins has over a decade of experience in financial management, focusing on helping top-tier corporates with financial strategies and large-scale financings [2] - He has contributed to institutionalizing the REIT framework in Latvia to enhance the liquidity of pan-Baltic capital markets [2] - His policy-level work includes developing national SOE financing guidelines and frameworks for channeling private capital into affordable housing [2]
NeutronX Welcomes National Security Strategy and Defense Acquisition Expert Commander Phil Ehr, U.S. Navy (Ret.), to Board of Advisors
Prnewswire· 2026-02-27 14:15
Core Insights - NeutronX Corp. has appointed Commander Phil Ehr, U.S. Navy (Ret.), to its Board of Advisors to enhance its focus on national security and energy projects [1] - Commander Ehr brings extensive military experience and expertise in defense acquisition, which will support NeutronX's mission to improve the resilience of the power grid [1] Company Overview - NeutronX specializes in autonomous, AI-driven infrastructure for next-generation power systems, focusing on large-scale energy projects critical to U.S. national security [1] - The company is collaborating with NextNRG, Inc. to develop national security-focused energy projects, including microgrids and advanced energy management solutions [1] Strategic Focus - NeutronX is pursuing opportunities in resilient energy infrastructure, particularly in distributed microgrid configurations that integrate natural gas, solar PV, battery storage, and advanced control systems [1] - The company aims to address vulnerabilities in the power grid, emphasizing the importance of building resilient and intelligent energy infrastructure as both a business and patriotic mission [1]
Minaurum Files Technical Report on Alamos Silver Project
TMX Newsfile· 2026-02-27 14:15
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2026) - Minaurum Silver Inc. (TSXV: MGG) (OTCQX: MMRGF) (FSE: 78M0) ("Minaurum" or the "Company") announces that, further to the Company's news release dated February 10, 2026 announcing results from its resource-expansion drill program in the Europa, Promontorio, and Travesia vein zones, the Company is today filing an independent technical report on its 100%-owned Alamos Silver Project in Sonora, Mexico. The technical report, titled "Alamos Silve ...
Profusa To Withdraw S-1 Registration Statement to Pursue a Smaller, More Focused Offering
Globenewswire· 2026-02-27 14:15
Core Insights - Profusa, Inc. has decided not to proceed with a $15 million public offering, as it reassessed its near-term capital needs based on updated revenue projections for 2026 and its collaboration with Mayo Clinic [1][2] - The company plans to pursue a smaller, more focused offering to support projected revenue from its Lumee Oxygen product in Europe starting in Q2 2026 and to invest in its collaboration with Mayo Clinic for U.S. market entry [1][2] Company Overview - Profusa is a commercial stage digital health company based in Berkeley, CA, focused on developing tissue-integrated sensors that provide continuous, actionable medical data [4] - The company aims to deliver long-lasting, injectable biosensors and an intelligent data platform to create personalized biochemical signatures for clinical use [4]
Block Stock Pops 16% On 40% Layoffs. Where AIPocalypse May Strike Next
Forbes· 2026-02-27 14:15
Core Viewpoint - Block's stock surged 19% in pre-market trading following a fourth-quarter earnings report that exceeded expectations and included significant layoffs, which the company attributes to the implementation of AI tools [2][4]. Financial Performance - For the fourth quarter, Block reported earnings per share of $0.65, meeting expectations, while revenue reached $6.25 billion, slightly surpassing consensus estimates. Gross profit increased by 24% to $2.87 billion [4]. - Block raised its 2026 guidance, projecting adjusted EPS of $3.66, which is $0.44 above consensus, and gross profit of $12.2 billion [5]. Layoffs and AI Implementation - The company announced 4,000 job cuts, approximately 40% of its workforce, which investors interpreted as a strategic move to reduce fixed costs rather than a sign of distress [6]. - CEO Jack Dorsey emphasized that AI tools have transformed the operational structure of the company, allowing a smaller team to achieve more [3][12]. - The layoffs are a combination of eliminating overlapping roles and utilizing a proprietary AI tool named Goose, which is designed to automate core activities [13][14]. Business Segments and Growth - Block's growth has been primarily driven by its consumer lending segment, which saw a three-fold increase in origination volume, with 9.3 million consumers using Cash App as their main banking service [7]. - However, the company also faced a 108% increase in transaction and loan losses, attributed to its expansion into higher-risk borrower segments [8]. Industry Context and Future Outlook - The layoffs at Block raise questions about the broader implications of AI on employment within the tech industry, with analysts predicting significant job losses due to AI adoption [9][10]. - Despite the potential for AI-driven layoffs, many companies have yet to effectively implement AI solutions, leading to operational gaps and the possibility of rehiring some laid-off workers [11]. - Dorsey believes that Block is ahead of its competitors in becoming an "intelligence-native company," which he argues will enhance its value and operational efficiency [15].
Zscaler Analysts Slash Their Forecasts After Q2 Results - Zscaler (NASDAQ:ZS)
Benzinga· 2026-02-27 14:14
Zscaler Inc. (NASDAQ:ZS) on Thursday reported better-than-expected second-quarter financial results but slashed its FY26 sales guidance.The company reported quarterly earnings of $1.01 per share, which beat the analyst consensus estimate of 90 cents, according to data from Benzinga Pro. Quarterly revenue came in at $815.75 million which beat the analyst consensus estimate of $798.82 million."We believe Zscaler is the cybersecurity platform for the AI age — our in-line Zero Trust platform is uniquely archite ...
SanDisk Corporation (SNDK) Outperforms on AI-Driven Storage Demand
Yahoo Finance· 2026-02-27 14:14
The Harbor Capital Advisors released its “Mid Cap Value Fund’s” Q4 2025 investor letter. A copy of the letter can be downloaded here. Harbor Mid Cap Value Fund, subadvised by LSV Asset Management, delivered solid outperformance in the fourth quarter of 2025, with the Institutional Class returning 4.07% versus 1.42% for the Russell Midcap Value Index, benefiting from strength in value stocks as the Russell Midcap Growth Index declined 3.7% during the period. U.S. equities broadly advanced, with the S&P 500 ...
Zscaler Analysts Slash Their Forecasts After Q2 Results
Benzinga· 2026-02-27 14:14
Core Viewpoint - Zscaler Inc. reported better-than-expected second-quarter financial results but reduced its fiscal year 2026 sales guidance, leading to a significant drop in share price [1][2]. Financial Performance - The company reported quarterly earnings of $1.01 per share, surpassing the analyst consensus estimate of $0.90 [1]. - Quarterly revenue reached $815.75 million, exceeding the analyst consensus estimate of $798.82 million [1]. Guidance Update - Zscaler raised its fiscal 2026 adjusted EPS from $3.99 to $4.02, compared to the previous estimate of $3.81 [2]. - The revenue outlook for fiscal 2026 was lowered to a range of $3.31 billion to $3.32 billion, slightly above the previous estimate of $3.3 billion [2]. Market Reaction - Following the earnings announcement, Zscaler shares fell by 13.4%, trading at $144.97 in pre-market [2]. Analyst Ratings and Price Targets - Needham analyst Mike Cikos maintained a Buy rating but lowered the price target from $310 to $180 [4]. - Piper Sandler analyst Rob Owens maintained a Neutral rating and reduced the price target from $260 to $185 [4]. - Citizens analyst Trevor Walsh maintained a Market Outperform rating while lowering the price target from $355 to $290 [4].