Core Insights - The publication of the 96-week results from the Phase 2b HARMONY trial indicates the potential of efruxifermin (EFX) to significantly reduce the risk of fibrosis progression in patients with pre-cirrhotic metabolic dysfunction-associated steatohepatitis (MASH) [1][2][3] Company Overview - Akero Therapeutics, Inc. is a clinical-stage company focused on developing treatments for serious metabolic diseases, particularly MASH, which has a high unmet medical need [1][12] - Efruxifermin (EFX) is Akero's lead product candidate, currently being evaluated in three ongoing Phase 3 studies targeting different stages of MASH [9][12] Trial Results - The HARMONY trial was a 96-week multicenter, randomized, double-blind, placebo-controlled study involving 128 adult participants with biopsy-confirmed MASH and moderate to advanced fibrosis [2][11] - In the mITT population at week 96, 49% of participants receiving 50mg EFX achieved at least one stage of fibrosis improvement without worsening of MASH, compared to 19% for placebo (p=0.0030) [3][4] - Improvements in fibrosis were also noted in patients with more advanced disease, indicating EFX's potential effectiveness across different stages of MASH [3][4] Secondary Endpoints - The secondary endpoint of MASH resolution without fibrosis worsening was achieved by 40% of participants receiving 28mg EFX and 37% receiving 50mg EFX, compared to 19% for placebo [4] - A composite endpoint of both MASH resolution and at least one stage of fibrosis improvement was met by 35% and 28% of participants in the 50mg and 28mg EFX groups, respectively, versus 7% for placebo [4] Safety and Tolerability - EFX was generally well tolerated, with a safety profile consistent with previous trials; the most common adverse events were mild to moderate gastrointestinal issues [6] - A small reduction in bone mineral density was observed after 96 weeks of EFX treatment, although the clinical significance of this finding remains to be determined [6] Overall Impact - The sustained reductions in fibrosis and MASH observed in the trial reflect an overall improvement in whole-body metabolic health, including reduced dyslipidemia and increased insulin sensitivity [7] - The results from the HARMONY trial, along with data from the SYMMETRY trial, suggest that EFX has the potential to transform patient outcomes, particularly for those with a high fibrosis burden [3][7]

Core Insights - Digi Power X Inc. has reported significant financial improvements, including the removal of going concern risk and achieving over $30 million in cash and equivalents, which includes approximately 80 Bitcoin and 715 Ethereum [5][7] - The company is positioned to capitalize on the expanding AI infrastructure market, with plans to deploy its first NVIDIA B200 GPU cluster by Q1 2026 and is in advanced negotiations for AI infrastructure contracts [5][8][12] Financial Performance - Positive Adjusted EBITDA was achieved in Q2 2025, marking a milestone towards sustainable profitability [7] - Colocation revenue for the first six months of 2025 reached $9.57 million, a 163% increase year-over-year [7] - Energy sales revenue grew 127% year-over-year in Q2 2025 to $5.7 million [7] - The company reported a net loss of $12.07 million for the six months ended June 30, 2025, compared to a net income of $0.08 million in the same period of 2024 [15] Strategic Developments - The company is on track to deploy its first B200 GPU cluster in partnership with Super Micro Computers, Inc. by Q1 2026 [7] - Digi Power X is in advanced discussions with multiple AI customers to secure long-term infrastructure contracts, which are expected to enhance revenue growth [7][12] - The company plans to expand its operational capacity from approximately 100MW to 200MW and beyond, leveraging its existing asset portfolio and targeted acquisitions [8] Capital and Liquidity - The company raised $12.9 million in Q2 2025 through a private placement and warrant exercises [7] - As of now, Digi Power X holds over $30 million in cash, Bitcoin, Ethereum, and cash equivalents, marking its strongest liquidity position in history [7] - Subsequent to the quarter-end, an additional $1.83 million was raised through warrant exercises [7] Market Outlook - The company anticipates continued strength in colocation and AI infrastructure deployments in the second half of 2025, driven by rising demand from enterprise AI, fintech, and data-intensive sectors [8][12] - Strong partnerships and enhanced liquidity position the company to pursue larger-scale projects, including planned expansions in Alabama and North Carolina [8]

Core Insights - Vornado Realty Trust has completed the sale of a Class A office building located at 512 West 22 Street for $205 million, with a net proceeds share of approximately $38 million after mortgage repayment and transaction expenses [1][2] Financial Impact - The company expects to recognize an approximate $11 million financial statement gain from this transaction in the third quarter [2]

Core Viewpoint - Qfin Holdings, Inc. reported strong financial results for the second quarter of 2025, with total net revenue reaching RMB5,215.9 million (US$728.1 million), reflecting a year-over-year increase of 25.4% from RMB4,160.1 million in the same period of 2024. The company also announced a semi-annual dividend of US$0.38 per Class A ordinary share [10][17][41]. Financial Highlights - Total net revenue for Q2 2025 was RMB5,215.9 million (US$728.1 million), compared to RMB4,690.7 million in the prior quarter and RMB4,160.1 million in the same period of 2024 [10][17]. - Net income for Q2 2025 was RMB1,730.5 million (US$241.6 million), a decrease from RMB1,796.6 million in the prior quarter but an increase from RMB1,376.5 million in the same period of 2024 [18][35]. - Non-GAAP net income for Q2 2025 was RMB1,849.0 million (US$258.1 million), compared to RMB1,926.2 million in the prior quarter and RMB1,413.4 million in the same period of 2024 [18][36]. - Total outstanding loan balance was RMB140,080 million as of June 30, 2025, an increase of 13.4% from RMB123,551 million a year ago [11][10]. Business Performance - The platform connected 165 financial institutional partners and 275.8 million consumers with potential credit needs, marking an 11.4% increase from 247.6 million a year ago [11]. - Cumulative users with approved credit lines reached 60.2 million, up 12.3% from 53.6 million a year ago [11]. - The company facilitated 23,638,189 loans in Q2 2025, with total facilitation and origination loan volume reaching RMB84,609 million, a 16.1% increase from RMB72,864 million in the same period of 2024 [11][10]. Operational Insights - The weighted average contractual tenor of loans originated was approximately 10.33 months, compared to 9.97 months in the same period of 2024 [11]. - The 90-day+ delinquency rate was 1.97% as of June 30, 2025 [11]. - Repeat borrower contribution for loans originated was 93.8% in Q2 2025 [11]. Strategic Developments - The company issued a record amount of Asset-Backed Securities (ABS) during the quarter, and the blended funding cost declined despite liquidity shortages in certain industry segments [14]. - More than half of new credit line users were acquired through embedded finance partners, indicating a diversification in user acquisition channels [14]. - The company plans to allocate more resources to AI applications across its credit service offerings to enhance efficiency and service quality [15]. Future Outlook - For Q3 2025, the company expects net income between RMB1.52 billion and RMB1.72 billion, and non-GAAP net income between RMB1.60 billion and RMB1.80 billion, reflecting a year-on-year decline of 2% to 13% [44].

The Palmer Plan by LGI Homes at Cambridge Cove The Palmer Plan by LGI Homes at Cambridge Cove features a two story home. MINNEAPOLIS, Aug. 14, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) is excited to announce the addition of 17 new floor plans now available across four of its Minneapolis-area communities: Cambridge Cove, Meadows North, Parkside, and Triplett Farms. This wide-ranging lineup provides homebuyers with a wider selection of thoughtfully designed homes that combine modern feature ...

Core Insights - NextNRG, Inc. is a leader in AI-driven energy innovation, focusing on transforming energy production, management, and delivery through its Next Utility Operating System®, smart microgrids, and wireless EV charging solutions [1][5][6] - The company will host a conference call on August 15, 2025, to discuss its financial results for Q2 2025 [1][8] Company Overview - NextNRG integrates AI and machine learning into renewable energy and next-generation energy infrastructure, including battery storage and mobile fuel delivery [4][5] - The Next Utility Operating System® aims to enhance energy management efficiency for existing utilities [5] - Smart microgrids developed by NextNRG utilize AI-driven management alongside solar power and battery storage to improve energy efficiency and grid resiliency [5] Recent Developments - NextNRG is expanding its fleet of fuel delivery trucks and has acquired Yoshi Mobility's fuel division and Shell Oil's trucks, strengthening its position in the on-demand fueling industry [6] - The company is integrating sustainable energy solutions into its mobile fueling operations and aims to assist fleet customers in transitioning to electric vehicles [6]

SUZHOU, China, Aug. 14, 2025 (GLOBE NEWSWIRE) -- YXT.com Group Holding Limited (NASDAQ: YXT) (“YXT.com” or the “Company”), a provider of AI-enabled enterprise productivity solutions in China, today announced that it plans to report its financial results for the first six months ended June 30, 2025, before the U.S. market opens on August 20, 2025. The Company’s management team will hold a conference call at 8:00 A.M. U.S. Eastern Time on Wednesday, August 20, 2025 (or 8:00 P.M. Beijing Time on Wednesday, Aug ...

Core Insights - SolarMax Technology, Inc. reported a significant year-over-year revenue increase of 53%, reaching $6.9 million for the second quarter of 2025, compared to $4.5 million in the same quarter of 2024 [3][7] - The company successfully reduced total operating expenses by 20%, from $3.0 million in Q2 2024 to $2.4 million in Q2 2025, indicating improved operational efficiency [3][7] - Despite challenges in the California residential market due to NEM 3.0, SolarMax is gaining traction through its dealer network and a new commercial EPC agreement [3] Financial Performance - Gross profit for the second quarter of 2025 was $605,000, a slight increase of 2.9% from $588,000 in Q2 2024 [7] - The net loss decreased to $1.9 million, or $0.04 per share, compared to a net loss of $2.2 million, or $0.05 per share in the previous year [7] Strategic Initiatives - SolarMax announced a $127.3 million EPC contract for a 430-megawatt hour battery storage project in Texas, scheduled for June 2026, which is expected to significantly contribute to revenue over the next four quarters [3] - The company is focusing on large-scale commercial and utility-scale projects, positioning itself as a strong competitor in the expanding renewable energy sector [3]

Core Viewpoint - QuoteMedia, Inc. reported a 5% year-over-year revenue growth to $4.93 million for Q2 2025, with expectations of significant revenue contributions from new contracts starting in Q3 2025 [1][6]. Financial Performance - Revenue for Q2 2025 was $4.93 million, an increase of $253,265 compared to Q2 2024, with a foreign exchange-neutral growth of 6% [6][12]. - Adjusted EBITDA for Q2 2025 was $99,121, a decrease from $493,393 in Q2 2024, primarily due to lower capitalized development costs [6][14]. - The net loss for Q2 2025 was $853,582, compared to a net loss of $251,173 in Q2 2024, attributed to changes in the accounting treatment of development costs [6][14]. Management Commentary - The Chairman of the Board, Robert J. Thompson, highlighted solid revenue growth and the closure of major contracts expected to generate revenue in Q3 [4]. - The company is in advanced negotiations for additional large-scale deployments, which are anticipated to further enhance performance [4]. Future Outlook - The company expressed confidence in a strong second half of 2025, supported by a robust pipeline and successful contract implementations [5][12]. - Management expects improvements in gross margin and EBITDA in future quarters as amortization expenses decrease due to lower levels of capitalized development costs [12].

LOS ANGELES, Aug. 14, 2025 (GLOBE NEWSWIRE) -- EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation’s largest providers of public fast charging infrastructure for electric vehicles (EVs), has been recognized as one of America’s Greatest Companies 2025 by Newsweek and Plant-A Insights Group. Receiving a star rating of 4.5 out of 5, EVgo is among the top rated within the 650 U.S. companies recognized by Newsweek as operating at the highest caliber of business performance. “For EVgo to be reco ...