Honda plans a $20 billion pivot to hybrids as EV sales slow
Business Insider· 2025-05-20 11:03
Honda is dialing back its ambitious EV push and doubling down on hybrids amid slowing demand. On Tuesday, CEO Toshihiro Mibe said the automaker would cut its EV investment by 30% from $69 billion (10 trillion yen) to $48.4 billion (7 trillion yen) through the 2031 fiscal year. The move is aimed at stabilizing Honda's future in a slowing EV market.The Japanese company will focus on ramping up its hybrid lineup, citing "changes in environmental regulations" and "a slowdown in EV market expansion" as key driv ...
More Than 75 Emerging Biotechs Use Veeva Basics Across Clinical, Regulatory, and Quality
Prnewswire· 2025-05-20 11:03
Delivers pre-configured, pre-validated software that can scale with the needs of fast-growing companiesPLEASANTON, Calif., May 20, 2025 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced that Veeva Basics is being used by more than 75 biotechs to gain efficiency and reduce costs across clinical, regulatory, and quality. With standardized applications, biotechs are going live with industry-leading software in weeks and gaining a system that can scale as they expand their business. The rapid adoption ...
Spotify Stock's Rally Still Has Legs To Run Higher
MarketBeat· 2025-05-20 11:01
Value investors are often wary about investing in a stock once it has reached a new high, feeling like they are overpaying for a company that might have already priced in most (if not all) of the upside potential that the business may carry. However, choosing to pass on these opportunities creates one of those moments where investors come back a few years later and wish they had bought, even if it represented a premium when the deal was first on the table. Spotify Technology TodaySPOTSpotify Technology$664. ...
Pasithea Therapeutics Announces Preclinical Data that Shows PAS-004 Inhibits ETS2 Signaling, a Key Driver of Inflammation in IBD and Other Large Addressable Market Diseases
GlobeNewswire· 2025-05-20 11:01
-- Demonstrates PAS-004’s potential as a differentiated MEK inhibitor for immune-mediated inflammatory diseases such as IBD and ankylosing spondylitis – -- Positions PAS-004 for potential expansion beyond MAPK pathway driven tumors into inflammatory diseases – -- PAS-004 outperforms FDA-approved MEK inhibitor selumetinib in targeting ETS2 pathway – -- Study conducted at Francis Crick Institute by lead author of 2024 Nature paper that identified ETS2 as a central regulator of macrophage-driven Inflammation i ...
Arbe Announces Q1 2025 Financial Results
Prnewswire· 2025-05-20 11:00
TEL AVIV, Israel, May 20, 2025 /PRNewswire/ -- Arbe Robotics Ltd. (NASDAQ: ARBE) (TASE: ARBE) ("Arbe"), a global leader in perception radar solutions, today announced financial results for its first quarter, which ended March 31, 2025.Scaling Up Toward High-Volume Production:- Arbe made significant progress toward design wins with leading European OEMs, securing orders for radar systems to support advanced data collection programs. The OEMs' data collection program is one of the final steps in the automotiv ...
NANO Nuclear and MIT’s Department of Nuclear Science and Engineering Launch Advanced Irradiation Study to Investigate Salt-Based Thermal Storage for Nuclear Applications
GlobeNewswire· 2025-05-20 11:00
Core Viewpoint - NANO Nuclear Energy Inc. has launched a significant irradiation testing program in collaboration with MIT to study the behavior of nitrate molten salts under radiation, which is crucial for the development of next-generation nuclear reactors [1][3][5] Group 1: Collaboration and Research Focus - The two-year collaboration with MIT will investigate the thermal and radiolytic behavior of nitrate molten salts for advanced nuclear energy systems [1][3] - The research is funded by NANO Nuclear with over $500,000 and will be supervised by Prof. Koroush Shirvan, a leading expert in nuclear systems engineering [2][3] - The study aims to fill the knowledge gap regarding the performance of molten salts under ionizing radiation, which is essential for nuclear environments [3][4] Group 2: Research Methodology and Expected Outcomes - MIT researchers will utilize advanced diagnostics to measure off-gassing behavior, thermal degradation, and long-term material stability of the salts [4][5] - The results will directly inform the design of microreactors that use molten salts for heat transfer and energy storage, enhancing safety and performance models [4][5] - The project is expected to conclude in 2027, with quarterly updates and final data delivery coordinated between MIT and NANO Nuclear [6] Group 3: Company Overview and Future Directions - NANO Nuclear is focused on becoming a diversified and vertically integrated company across five business lines, including microreactor technologies and nuclear fuel fabrication [7] - The company is developing several advanced reactor products, including the KRONOS MMR Energy System and the portable LOKI MMR [8][9] - NANO Nuclear's subsidiaries are also exploring commercial applications of micronuclear reactor technology in space and developing a domestic HALEU fuel fabrication pipeline [10][11][12]
Palantir and Divergent Form Partnership to Revolutionize On-Demand Advanced Manufacturing
Prnewswire· 2025-05-20 10:59
Agreement provides access to Divergent's advanced manufacturing system via Palantir's Warp Speed platform for defense and commercial applicationsDENVER and LOS ANGELES, May 20, 2025 /PRNewswire/ -- Today, Palantir Technologies Inc. (NASDAQ: PLTR) and Divergent Technologies, Inc. (Divergent) announced a strategic partnership to provide access to Divergent's leading advanced manufacturing capabilities via Palantir's industry-leading software platform, bringing digitally manufactured parts to Warp Speed and Fo ...
Gladstone Investment: Reliance On Equity Investments Warrants Caution
Seeking Alpha· 2025-05-20 10:53
Business Development Companies have become increasingly popular during this period of elevated interest rates because of their ability to generate a higher amount of income. However, the higher rate environment has also revealed which BDCs are more vulnerable to unfavorable shiftsFinancial analyst by day and a seasoned investor by passion, I've been involved in the world of investing for over 15 years and honed my skills in analyzing lucrative opportunities within the market.I specialize in uncovering high ...
How To Trade WDAY Stock Ahead Of Earnings?
Forbes· 2025-05-20 10:50
Close-up of logo on facade of software company Workday (Photo by Smith Collection/Gado/Getty Images)Getty ImagesWorkday (NASDAQ:WDAY), a provider of cloud-based software, is set to announce its earnings on Thursday, May 22, 2025. Analyzing the previous five years, Workday's stock has achieved a positive one-day return after its earnings announcements in 60% of instances. These positive returns have an average of 8.1% and a peak of 17.2%.For traders focused on events, grasping these historical patterns may p ...
Salesforce: Cementing Leadership In A Potentially Explosive Niche
Seeking Alpha· 2025-05-20 10:41
It is crucial to keep in mind that the stock market is a voting machine over the short term. Therefore, I prefer to better focus on Salesforce's (NYSE: CRM ) improving fundamentals rather than the fact that theComing from an IT background, I have dived into the U.S. stock market seven years ago by managing portfolio of my family. Starting managing real money has been challenging for the first time, but long hours of mastering fundamental analysis of public companies paid off and now I feel very confident in ...