The Kings Of CBD Are Now Cooking Up Plans To Make Billion-Dollar Meds From Cannabis And Mushrooms https://t.co/ElrywPKliT https://t.co/ElrywPKliT ...

Company Overview - Jumia's liquidity position as of March 2025 was $110.7 million, including $61.6 million in cash and cash equivalents and $49.1 million in term deposits[10, 11] - Jumia has 5.4 million annual active customers and 2,100+ employees across 9 operating countries in Africa[10] - Jumia's physical goods orders reached 22.7 million and GMV was $720.6 million for the 12-month period ending December 2024[10, 11] - Jumia has approximately 70,000 active vendors as of December 2024[10, 11] Financial Performance & Outlook - In Q1 2025, Jumia's GMV was $161.7 million, a decrease of 2% year-over-year in constant currency[107] - Jumia's revenue for Q1 2025 was $36.3 million, a decrease of 18% year-over-year in constant currency[107] - Jumia's gross profit for Q1 2025 was $19.9 million, representing 12% of GMV[107] - Jumia anticipates physical goods orders to grow by 20-25% in 2025, with GMV between $795 million and $830 million, and a loss before income tax between $50 million and $55 million[84, 127] - Jumia projects a loss before income tax between $25 million and $30 million for 2026 and aims to reach breakeven in Q4 2026[84, 127] Operational Efficiency - Fulfillment expense per order decreased to $2.3 in 2024[87] - General & Administrative expense excluding share-based compensation decreased by 44% from $114.0 million in 2022 to $63.4 million in 2024[93]

Autonomous Driving & Risk - Tesla's robotaxi plan could pose significant liability risks for the company and its vehicle owners [1] - The realization of Elon Musk's robotaxi vision might lead to potential "liability nightmare" [1]

Core Insights - Primech A & P, a subsidiary of Primech Holdings Limited, has announced a 2-year contract extension valued at S$10,650,000 (US$8.3 million) for comprehensive cleaning services at a prominent institution in Singapore [1][2] - This contract renewal is significant for Primech Holdings as it reinforces the company's competitive positioning in Singapore's institutional cleaning market and contributes to predictable, recurring revenue streams [2][3] Company Overview - Primech Holdings Limited is a leading provider of technology-driven facility services, serving both public and private sectors in Singapore [4] - The company offers a wide range of services, including general facility maintenance, specialized cleaning solutions, and eco-friendly practices integrated with smart technology [4]

Joining us now is an analyst who covers the company, Gil Lauria, head of technology research at DA Davidson. Gil, great to see you. You think that this is yet another um way that Cororeweave is financially engineering their results.Can you explain. Yeah, Corweave is already buying all of Core Scientific's capacity. All they're doing here really is ensuring that Core Scientific doesn't turn around and give uh its capacity to somebody else.and they're really giving away 10% of the company to accomplish this. ...

Elon Musk’s Robotaxi Dream Could Be A Liability Nightmare For Tesla And Its Owners https://t.co/myKpwqYXdr ...

HARTSVILLE, S.C., July 08, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company (NYSE: SON), a global leader in value-added sustainable packaging, today announced it has earned accreditation with the Pet Sustainability Coalition (PSC). Sonoco joined PSC in 2024 to align its packaging innovations with PSC’s mission of advancing sustainable business practices across the pet industry. PSC accreditation is awarded to companies demonstrating tangible progress in environmental stewardship, social responsibility and t ...

NORWOOD, Mass., July 08, 2025 (GLOBE NEWSWIRE) -- MariMed Inc. (“MariMed” or “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading cannabis consumer packaged goods company and retailer, announced today it will report second quarter 2025 financial results on August 6, 2025 after the markets close. Management will host a conference call on August 7, 2025 at 8:00 a.m. EDT to discuss financial results. A webcast will be available and can be accessed via MariMed’s Investor Relations website at MariMed Q2 2025 Earnings ...

Elon Musk’s Robotaxi Dream Could Be A Liability Nightmare For Tesla And Its Ownershttps://t.co/r64zLGwRk9 https://t.co/mkTlwtgRMc ...

Core Insights - The Cigna Group Foundation has announced a new round of grants totaling $9 million over three years, focusing on improving the mental health of military veterans by addressing social determinants of health, particularly housing stability [1][6][8] Grant Program Details - The 2025 grant application is open for eligible organizations in select states, closing on August 7, 2025 [2] - The foundation prioritizes grants in regions with high social determinant of health risks, including Arizona, Connecticut, Florida, Georgia, Illinois, Missouri, New Jersey, Pennsylvania, Tennessee, and Texas [3][6] - Goals of the grant program include increasing permanent housing for veterans, improving housing affordability through rental or mortgage assistance, and enhancing wraparound services for veterans transitioning from shelters [3][6] Veteran Mental Health Context - Military veterans face a higher risk of homelessness, with approximately 40,000 veterans without shelter on any given night, and a 7% increase in homelessness among veterans reported from 2022 to 2023 [4][6] Previous Funding Impact - In 2024, the first year of the grant program, $3 million was distributed to 23 organizations to support local veterans, focusing on stability and mental health [5][6] - Examples of funded initiatives include the Veterans Rapid Rehousing Program in Texas and financial assistance for veteran homeowners facing foreclosure in Tennessee [7] Broader Philanthropic Commitment - The Cigna Group Foundation has committed over $27 million in grants over three years to address youth and veteran mental health and reduce barriers to health equity [8]