CAMBRIDGE, Mass., May 29, 2025 (GLOBE NEWSWIRE) -- Fulcrum Therapeutics, Inc.® (the “Company”) (Nasdaq: FULC), a clinical-stage biopharmaceutical company focused on developing small molecules to improve the lives of patients with genetically defined rare diseases, today announced upcoming presentations at the 5th Global Congress on Sickle Cell Disease and the 2025 European Hematology Association Congress. The Company’s presentations are listed below. Following congress publication, copies of the presentatio ...

PRINCETON, NEW JERSEY, May 29, 2025 (GLOBE NEWSWIRE) -- Digital Asset Acquisition Corp. (Nasdaq: DAAQU) (the “Company”) announced that holders of the units sold in the Company’s initial public offering of 17,250,000 units, which includes 2,250,000 units issued pursuant to the exercise by the underwriters of their overallotment option in full, completed on April 30, 2025 (the “Offering”), may elect to separately trade the Class A ordinary shares and warrants included in the units commencing on or about June ...

PRINCETON, NEW JERSEY, May 29, 2025 (GLOBE NEWSWIRE) -- Real Asset Acquisition Corp. (Nasdaq: RAAQU) (the “Company”) announced that holders of the units sold in the Company’s initial public offering of 17,250,000 units, which includes 2,250,000 units issued pursuant to the exercise by the underwriters of their overallotment option in full, completed on April 30, 2025 (the “Offering”), may elect to separately trade the Class A ordinary shares and warrants included in the units commencing on or about June 2, ...

SAN JOSE, Calif., May 29, 2025 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, today announced the appointment of Kevin Rubin as Chief Financial Officer. In his role, Rubin will oversee Zscaler’s global finance organization and play a critical role in scaling the company's operations to support its next phase of growth and innovation. Rubin brings a wealth of financial expertise and strategic leadership experience in the technology industry, with a strong track record of drivin ...

LNCB74 is in a Phase 1, open-label, first-in-human study that will include dose escalation, safety, and biomarker backfills and randomized dose expansion/optimizationThe study is currently enrolling in dose escalationPoster to be presented June 2, 2025, 1:30 pm-4:30 pm CT BELTSVILLE, Md., May 29, 2025 (GLOBE NEWSWIRE) -- NextCure, Inc. (Nasdaq: NXTC), a clinical-stage biopharmaceutical company committed to discovering and developing novel, first-in-class and best-in-class therapies to treat cancer, together ...

WEST PALM BEACH, Fla., May 29, 2025 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (“SUNS” or the “Company”) (Nasdaq: SUNS), a lender on the TCG Real Estate platform, today announced the expansion of its senior secured revolving credit facility (the “Credit Facility”) with the addition of EverBank, N.A. (“EverBank”). EverBank has committed $50 million to the facility, bringing total committed capital to $140 million. The Credit Facility, originally established with East West Bancorp, Inc. (“East West Bank”) ...

New York, May 29, 2025 (GLOBE NEWSWIRE) -- Color Star Technology Co., Ltd. (Nasdaq: ADD) (“Color Star” or the “Company”), a global entertainment technology company specializing in the integration of artificial intelligence and technology in the entertainment industry, today announced a significant milestone in the company’s new cryptocurrency mining business. The Company has deployed 10,000 Bitmain Antminer T21 rigs at the facility in Kazakhstan, positioning Color Star as a significant emerging player in th ...

Financial Performance - Ambarella reported revenue of $85.9 million for the first quarter of fiscal 2026, representing a 57.6% increase from $54.5 million in the same period of fiscal 2025 [6] - The gross margin under GAAP for the first quarter of fiscal 2026 was 60.0%, slightly down from 60.9% in the same period of fiscal 2025 [6] - The GAAP net loss for the first quarter of fiscal 2026 was $24.3 million, or a loss of $0.58 per diluted share, compared to a net loss of $37.9 million, or a loss of $0.93 per diluted share, in the same period of fiscal 2025 [6][16] - Non-GAAP net profit for the first quarter of fiscal 2026 was $3.0 million, or earnings of $0.07 per diluted share, compared to a non-GAAP net loss of $10.5 million, or a loss of $0.26 per diluted share, in the same period of fiscal 2025 [6][19] Guidance and Future Outlook - The company increased its revenue growth guidance for fiscal 2026 to a range of 19% to 25%, approximately $348 million at the mid-point, considering the uncertain geopolitical environment [4] - Revenue for the second quarter of fiscal 2026 is expected to be between $86.0 million and $94.0 million, with non-GAAP gross margin expected to be between 60.5% and 62.0% [6] Cash Position and Share Repurchase - At the end of the first quarter of fiscal 2026, Ambarella had total cash, cash equivalents, and marketable debt securities of $259.4 million, up from $250.3 million at the end of the prior quarter and $203.3 million a year ago [3] - The Board of Directors approved an extension of the share repurchase program for an additional twelve months, with approximately $48.0 million available for repurchase [5] Market Position and Innovation - Ambarella is recognized as the established leader in the edge AI market, achieving its fourth consecutive quarter of record AI revenue [4] - The company continues to innovate rapidly, leveraging its low power and scalable AI silicon and software architecture to extend its reach into the edge AI infrastructure market [4][8]

Third Quarter Highlights Revenue grows 23% year-over-year to $678.0 millionCalculated billings grows 25% year-over-year to $784.5 millionDeferred revenue grows 26% year-over-year to $1,985.0 millionGAAP net loss of $4.1 million compared to GAAP net income of $19.1 million on a year-over-year basis Non-GAAP net income of $136.8 million compared to non-GAAP net income of $113.0 million on a year-over-year basis SAN JOSE, Calif., May 29, 2025 (GLOBE NEWSWIRE) -- Zscaler, Inc. (Nasdaq: ZS), the leader in cloud ...

Core Viewpoint - Mondelēz International, Inc. is launching a new wave of impact-first investments through its Sustainable Futures Impact Investment platform, focusing on scalable solutions that address climate, community, and circularity, aligning with its sustainability strategy and Vision 2030 ambitions [1][4]. Investment Approach - The company employs a three-pronged investment strategy consisting of direct investments, fund investments, and technical assistance to scale promising solutions that generate measurable impact [2][4]. Direct Investments - New additions to the Sustainable Futures portfolio include investments in regenerative agriculture, inclusive financing, and circular packaging through innovative technology [4]. Fund Investments - Mondelēz International supports impact funds that align with its goal of catalyzing positive change across various geographies [3][4]. Technical Assistance - The company provides capacity-building support to early-stage ventures, helping validate their technologies through larger-scale pilots and scientific approaches [3][4]. Specific Investments - eAgronom is an ag-tech company aiding farmers in improving soil health and reducing carbon emissions, with over 1 million hectares under sustainable practices [5]. - ZIRO is a fintech startup providing affordable inventory financing to small merchants, aiming to reach approximately 100,000 merchants in three years [5]. - Pack2Earth is focused on replacing 60,000 metric tons of plastic packaging with compostable materials by 2028, part of a coalition supporting the Circulate Capital's Ocean Fund [5]. Impact Metrics - In 2024, investments in the Circulate Capital Ocean Fund contributed to circulating or avoiding over 7,600 tonnes of plastic, reducing more than 10,700 tonnes of GHG emissions, and creating over 34,900 tonnes in recycling infrastructure capacity across Southeast Asia and India [5]. Strategic Importance - Sustainability is a key pillar of Mondelēz International's growth strategy, with investments aimed at addressing challenges and creating long-term business resilience [6].