Core Viewpoint - Hyperscale Data, Inc. reaffirms its full-year 2025 revenue guidance of $125 million to $135 million, bolstered by the anticipated contributions from its defense affiliate Gresham Worldwide and growth in high-margin software platforms [1][2][4]. Group 1: Financial Guidance and Revenue Expectations - The company expects Gresham Worldwide to contribute approximately $40 million in annualized revenue upon its emergence from Chapter 11 on October 1, 2025 [2]. - Hyperscale Data anticipates meaningful growth from its expanding high-margin software platforms, including blockchain infrastructure and tokenization solutions [3]. Group 2: Strategic Developments - The court's approval of Gresham Worldwide's reorganization plan enhances visibility into its expected contributions starting in Q4 2025 [4]. - The company is pursuing growth through its Michigan data center, which is viewed as a transformational opportunity for future revenue, although it is not expected to contribute significantly in 2025 [4]. Group 3: Company Structure and Operations - Hyperscale Data operates a data center through its subsidiary Sentinum, focusing on digital asset mining and colocation services for AI ecosystems [5]. - The company plans to divest Ault Capital Group, Inc. in Q1 2026, which will allow it to focus on high-performance computing services and digital asset holdings [6].

Group 1 - The Company announced the commencement of a subscription period for an offering of up to 17,868,651 warrants, with specific provisions for board members and management regarding subscription due to securities law restrictions [1] - The Company released its half-year report on the same day, indicating that Persons Discharging Managerial Responsibilities (PDMRs) were in a closed period during the entire Subscription Period due to market abuse regulations [2] - PDMRs of the Company have subscribed and exercised warrants, with additional details provided in attached forms [2][4] Group 2 - Prosafe is recognized as a leading owner and operator of semi-submersible accommodation vessels and is listed on the Oslo Stock Exchange under the ticker code PRS [3] - The Company is subject to disclosure requirements under the Norwegian Securities Trading Act [3]

Core Insights - Kneat.com, inc. has signed a three-year Master Services Agreement with a leading equipment manufacturer to implement the Kneat Gx platform for digitizing equipment testing processes [1][2][3] - The agreement marks Kneat's seventh strategic customer win in 2025, following a record-setting quarter for new customer additions in the life sciences and other industries [3] Company Overview - Kneat Solutions specializes in providing digital validation and compliance solutions for highly regulated industries, enhancing efficiency in validation processes [4] - The Kneat Gx platform is fully ISO 9001 and ISO 27001 certified, validated, and compliant with 21 CFR Part 11/Annex 11 standards [4] - Independent studies indicate that Kneat Gx can reduce labor hours for validation documentation by over 50% and accelerate review and approval cycles by up to 50% [4] Industry Context - The agreement with the equipment manufacturer is part of a broader trend where industries are expanding their digital capabilities to improve quality, compliance, and speed to market [3] - The company employs over 15,000 people and markets products in over 120 countries, indicating a significant global presence [2]

Group 1 - The iShares MSCI Global Gold Miners ETF (RING) has reached a 52-week high and is up 83.01% from its 52-week low of $27.70 per share, indicating strong momentum in the fund [1] - The MSCI ACWI Select Gold Miners Investable Market Index tracks companies primarily generating revenue from gold mining in both developed and emerging markets, with RING charging 39 basis points in annual fees [1] - The surge in gold prices is attributed to the potential for the Federal Reserve to cut interest rates, which would likely lead to a depreciation of the U.S. dollar and increased demand for gold [2] Group 2 - Gold is considered a safe-haven investment, and current geopolitical tensions and economic uncertainties are further supporting its price [3] - Gold mining stocks have recently experienced significant gains as they often act as leveraged plays on the underlying metal [3] - RING is expected to maintain its strong performance in the near term, with a positive weighted alpha of 65.57, suggesting potential for further rally [4]

CALGARY, Alberta, Aug. 22, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced that it has entered into a definitive arrangement agreement to acquire MEG Energy Corp. (TSX: MEG) (“MEG”) in a cash and stock transaction valued at $7.9 billion, inclusive of assumed debt. Under the terms of the agreement, Cenovus will acquire all of the issued and outstanding common shares of MEG for $27.25 per share, which will be paid 75% in cash and 25% in Cenovus common shares. Each MEG share ...

Core Insights - DataPelago Nucleus significantly outperforms Nvidia's cuDF in compute-intensive operations on Nvidia GPUs, enhancing price/performance for data processing workloads without requiring code or infrastructure changes [1][4][5] Industry Context - Businesses are facing challenges in managing growing volumes of complex data for ETL, business intelligence, and GenAI workloads, necessitating the use of GPUs for better performance due to their massive parallelism and throughput advantages [2][5] - The limitations of CPU-based data processing are becoming apparent, as they cannot keep pace with the demands of modern data workloads [2] Product Performance - Nucleus is designed to overcome challenges associated with GPU data processing, such as I/O bottlenecks and limited GPU memory, by utilizing better parallel algorithms and optimized multi-column support [4][5] - Benchmark results indicate that Nucleus is up to 10.5x faster for project operations, 10.1x faster for filter operations, and 4.3x faster for aggregate operations compared to cuDF [8] - For hash join operations, Nucleus achieves up to 38.6x faster throughput for smaller strings and up to 4x faster for larger strings, with significant improvements in hash aggregate operations [8] Company Vision - DataPelago aims to set a new standard in data processing for the accelerated computing era, addressing performance, cost, and scalability limitations faced by organizations [5][6] - The company is focused on transforming data processing economics to support the growing demands of AI and data acceleration [6][7]

Cupertino, Calif., Aug. 22, 2025 (GLOBE NEWSWIRE) -- Ambow Education Holding Ltd. (“Ambow” or the “Company”) (NYSE American: AMBO), an innovator of AI-powered phygital (physical + digital) solutions for education, corporate collaboration and live events, today announced the launch of HybriU Events. Built on Ambow's proven, cutting-edge HybriU platform, HybriU Events empowers concerts, cultural festivals and sporting events to seamlessly bridge physical venues and worldwide audiences through a single, scalab ...

SCOTTSDALE, Ariz., Aug. 22, 2025 /PRNewswire/ -- The Alkaline Water Company, Inc. (OTC: WTER -- hereinafter referred to as the "Company"), a leader in the beverage industry known for its purified alkaline water, enhanced with Himalayan rock salt, today announced the filing of its application for uplisting to the OTCQB market tier.Upon completion of the Company's PCAOB Audit for the fiscal year ended March 31, 2025, the Company submitted its application to obtain OTCQB listing with OTC Markets.  The Company' ...

SAN DIEGO, Aug. 22, 2025 /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Snap Inc. (NYSE: SNAP) securities between April 29, 2025 and August 5, 2025, inclusive (the "Class Period"), have until October 20, 2025 to seek appointment as lead plaintiff of the Snap class action lawsuit.  Captioned Abdul-Hameed v. Snap Inc., No. 25-cv-07844 (C.D. Cal.), the Snap class action lawsuit charges Snap and certain of Snap's top executives with violations of the S ...

Core Viewpoint - ZKH Group Limited reported a decline in key financial metrics for the second quarter of 2025, including a 3.7% decrease in net revenues and a 12.1% drop in Gross Merchandise Value (GMV), while also achieving growth in customer base and operational efficiency despite macroeconomic challenges [1][5][14]. Financial Performance - Net revenues for Q2 2025 were RMB 2,166.8 million (US$ 302.5 million), down 3.7% from RMB 2,250.0 million in Q2 2024 [5][11]. - GMV decreased to RMB 2,420.2 million, a 12.1% decline from RMB 2,754.6 million in the same quarter of the previous year [2][5]. - The ZKH platform GMV fell by 13.5%, while the GBB platform saw a slight increase of 0.4% [2]. - Net loss narrowed to RMB 53.5 million (US$ 7.5 million) from RMB 66.3 million in Q2 2024, indicating improved cost management [14][15]. Operational Highlights - The number of customers increased by 53.5% year-over-year, reaching 74,854, with significant growth in the GBB platform customer base [2][5]. - The operational launch of the Taicang facility is expected to enhance R&D and production capabilities, contributing to future competitiveness [1][2]. Cost Management - Cost of revenues decreased by 3.1% to RMB 1,809.8 million, reflecting effective cost reduction initiatives [8][11]. - Gross profit was RMB 356.9 million, down 6.8% from the previous year, with a gross margin of 16.5% [9][10]. Strategic Initiatives - The company is focusing on higher-margin private-label products, which have shown growth despite overall revenue declines [1][14]. - ZKH is committed to long-term investments and maintaining a lean operational structure to support sustainable growth [1][14]. Share Repurchase Program - As of June 13, 2025, ZKH had repurchased approximately 0.36 million ADSs for about US$ 1.10 million under a new share repurchase program [19][20]. Balance Sheet and Cash Flow - As of June 30, 2025, cash and cash equivalents totaled RMB 1.85 billion (US$ 258.4 million), down from RMB 2.06 billion at the end of 2024 [18]. - Net cash used in operating activities was RMB 110.7 million in Q2 2025, compared to net cash generated of RMB 122.1 million in Q2 2024 [18].