NEW YORK, Oct. 09, 2025 (GLOBE NEWSWIRE) -- Lucas GC Limited (NASDAQ: LGCL) (“Lucas” or the “Company”), an artificial intelligence (the “AI”) technology-driven Platform-as-a-Service (the “PaaS”) company whose technologies have been applied to the human resources and insurance industry verticals, today announced that it will effect a forty (40)-for-one (1) share consolidation of its issued and unissued ordinary shares, par value US$0.000005 per share and an adoption of dual-class share structure on October 1 ...

Key Points UPS is undergoing a major cost reduction plan that could help it become more profitable. Tariff uncertainty and lower package volumes in the U.S. have pressured its stock. 10 stocks we like better than United Parcel Service › Everyone knows United Parcel Service (NYSE: UPS) for its brown trucks. Fewer may have noticed, however, that the company's stock has been tanking in 2025. The stock has fallen sharply since its early pandemic-era highs. A slew of not-so-great news -- from the inten ...

Why it matters▪️ More granular data: Analysts can move seamlessly from standardized KPIs to the detailed transaction-level factors that shape them.▪️ Expanded insights and use cases: SQL queries unlock access to ~1,000x more information, extending utility beyond financial reporting into product analytics, user cohort tracking, and other project-specific analysis.▪️ Unique data product: Token Terminal is the only platform in the crypto data market that delivers both standardized and custom metrics, both runn ...

This partnership provides Sapiens' clients with an Underwriting Advisor to guide them through the complexities of commercial insurance, ensuring profitable risk selection and growth. Sapiens and Linqura are committed to redefining the commercial insurance landscape through innovation and operational efficiency. Partnership empowers P&C insurers to profitably scale their business insurance portfolio in all market conditions , /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a g ...

KUALA LUMPUR, Malaysia, Oct. 07, 2025 (GLOBE NEWSWIRE) -- Treasure Global Inc. (NASDAQ: TGL) (“Treasure Global” or the “Company”) today announced that it has entered into a Subscription Agreement with Malaysian investors Chan Meng Chun and Chuah Su Chen, raising USD 400,000 through a strategic equity investment. The participation of Executive Director Chan Meng Chun underscores insider confidence in Treasure Global’s long-term growth strategy and outlook. Chan Meng Chun, a respected industry veteran who rec ...

Close-up of Databricks logo and UC Berkeley Extension lettering on exterior sign outside office building, San Francisco, California, August 29, 2025. (Photo by Smith Collection/Gado/Getty Images)Gado via Getty ImagesDatabricks recently reached a valuation exceeding $100 billion following its latest funding round, joining the elite group of most-valuable private companies like SpaceX, ByteDance and OpenAI. Everyone wants a piece of this Silicon Valley sizzler, and it comes as no surprise because Databricks s ...

Good morning everybody. During our school days, all that we did was we were just provided good food and then we just went to school, played and uh we spent a lot of our time playing and all that we need to do is just survive to get some good marks so that uh we are able to clear that 40 50 marks and then when we move to a middle school or little higher our all our dreams were only to get a good group uh normally a max physics, chemistry, biology group and then only when we went to class 11 and 12 we were ju ...

CEO of Gainesville Regional Utilities to Deliver Keynote at Itron’s Premier EventLIBERTY LAKE, Wash., Oct. 07, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, unveiled the speaker lineup for its premier customer-focused event, Itron Inspire 2025, which will be held in Orlando, FL, Oct. 24-30, 2025. The conference will gather industry leaders across electricity, water, gas, IIoT and smart cities to drive more intelligent a ...

Move bolsters SAIC’s leading role of bringing commercial-grade technologies and solutions to advance national security missions and operationsRESTON, Va., Oct. 06, 2025 (GLOBE NEWSWIRE) -- Science Applications International Corp. (NASDAQ: SAIC), a leading mission integrator supporting defense, space, intelligence and civilian agencies, announced today it has entered into a definitive agreement to acquire SilverEdge Government Solutions (“SilverEdge”) from private equity firm Godspeed Capital for $205 millio ...

Financial Data and Key Metrics Changes - Total revenue increased by 37% year-on-year to $18.7 million, with strong momentum in technology [4][21][22] - Gross profit rose by 17% to $15.1 million, maintaining a gross margin of 80% [7][22][23] - EBITDA was reported at $5.2 million, reflecting top-line growth and disciplined execution [5][21][22] - Net profit after tax reached $4.66 million, with a net margin of 35% [7][22][23] - Interest income increased to $1.3 million from $0.7 million a year ago, driven by a larger loan receivable base [7][22] Business Line Data and Key Metrics Changes - The technology segment generated $9.3 million in revenue, up from $1.7 million a year ago, indicating a structural shift towards technology as a growth driver [3][4][18][19] - Consultancy revenue contributed $8.1 million, showing stability despite a return to typical activity levels after an exceptional 2024 [3][4][18][19] Market Data and Key Metrics Changes - The company is expanding into GPU-as-a-service with the upcoming launch of its GPU Launch and GPU Cloud platform [4][19] - There is consistent interest from enterprise clients in AI-integrated server and cloud platforms, with discussions moving into later stages [11][27][28] Company Strategy and Development Direction - The company is focused on building a portfolio of high-growth verticals across cybersecurity, AI, fintech, and technology development [3][4][19] - A planned IPO of VCCG, the capital market advisory arm, is targeted for the first quarter of 2026, reflecting strategic flexibility [4][19] - The company aims to convert strategic initiatives into sustained earning growth while maintaining financial rigor [8][23] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the progress made and emphasized a focus on execution and scaling in the second half of 2025 [5][15][31] - The company is monitoring delivery capacity, timing of consultancy deal closures, capital deployment discipline, and regulatory developments as key execution risks [29][30] Other Important Information - The company is increasing investments in cybersecurity, AI, data analytics, and fintech, which are aligned with long-term strategic goals [4][19] - The first half results reflect a scalable, margin-creating model supported by a diversified revenue stream [8][23] Q&A Session Summary Question: How is capital allocation prioritized across AI, cybersecurity, fintech, and data analytics? - The company prioritizes AI infrastructure and related services, followed by cybersecurity, while being selective in fintech and data analytics investments [9][24] Question: Should the moderation in consultancy revenue be viewed as a structural shift towards technology? - It is both a return to typical activity levels and a structural shift, with technology becoming a larger part of the business [10][25] Question: How is the current pipeline shaping for the second half of the year, particularly in technology? - The pipeline looks steady, with consistent interest in AI-integrated server and cloud platforms, and healthy consultancy mandates [11][26][28] Question: What key execution risks are being monitored for the remainder of 2025? - Key risks include delivery capacity, timing of consultancy deal closures, capital deployment discipline, and regulatory developments [13][29]