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ECARX Deepens Global Strategic Partnership with Samsung Group to Build Open Technology Ecosystem for Automotive Intelligence, Robotics, and AI Markets
Globenewswire· 2025-07-11 11:00
SHANGHAI, July 11, 2025 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility technology provider, today announced it has entered into a global strategic partnership with Samsung Group (“Samsung”), marking a new phase in their collaboration. This strengthened partnership will accelerate the commercialization of cutting-edge automotive intelligence technologies across automotive intelligence, terminal devices, and smart hardware, with the aim of building a sustai ...
KULR Expands Bitcoin Holdings to 1,021 BTC, Reports 291.2% BTC Yield
Globenewswire· 2025-07-10 12:30
HOUSTON, July 10, 2025 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a Bitcoin First Company and global leader in sustainable energy management, today announced it has increased its bitcoin holdings for its Bitcoin Treasury by additional acquisitions of approximately $10 million to reach a total of approximately $101 million in bitcoin acquisitions. The additional bitcoin were acquired at a weighted average price of $108,884 per bitcoin, inclusive of fees a ...
Dell, HPE Named Top AI Server Plays As Analyst Cites $14 Billion Backlog
Benzinga· 2025-07-09 18:28
BofA Securities analyst Wamsi Mohan observed that from 2006 to 2024, server market revenues grew at a 9% compound annual rate, while unit volumes rose by 4% annually. Looking ahead, he expects artificial intelligence to drive most of the revenue growth in the server market over the next six years.Mohan projected server market revenues to grow at a 25% annual rate between 2024 and 2030, with unit shipments increasing at a 7% annual pace.Also Read: Dell, Hewlett-Packard, Super Micro Set To Benefit From Nvidia ...
Energy Plug Technologies Grants Stock Options
Newsfile· 2025-07-08 20:00
Vancouver, British Columbia--(Newsfile Corp. - July 8, 2025) - Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) (FSE: 6GQ) ("Energy Plug") announces the granting of an aggregate amount of 950,000 stock options of the Company (the "Stock Options") to consultants of the Company. The Stock Options are exercisable at a price of $0.15 per share and are valid for a term of five years. The Stock Options are granted and governed by the Company's Stock Option Plan, approved by shareholders at the Company's ...
Main Street Announces Follow-On Portfolio Investment
Prnewswire· 2025-07-02 11:00
Main Street (www.mainstcapital.com) is a principal investment firm that primarily provides customized long- term debt and equity capital solutions to lower middle market companies and debt capital to private companies owned by or in the process of being acquired by a private equity fund. Main Street's portfolio investments are typically made to support management buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies that operate in diverse industry sectors. Main Street se ...
2 Popular AI Stocks to Sell Before They Drop 50% and 69%, According to Wall Street Analysts
The Motley Fool· 2025-06-29 07:15
Palantir Technologies - Palantir Technologies has seen a remarkable stock return of 1,900% since January 2023, but analysts believe it is overvalued with a 69% implied downside from its current price of $130 [1][4][7] - The company reported a 39% increase in revenue to $884 million for the first quarter, marking the seventh consecutive acceleration, driven by strong sales in the U.S. commercial and government sectors [5][6] - Palantir's current valuation stands at 280 times adjusted earnings, which is considered excessively high compared to the expected 31% annual growth in adjusted earnings through 2026 [6][7] Super Micro Computer - Super Micro Computer has returned 480% since January 2023, but analysts also see a 50% implied downside from its current price of $48 [1][9][7] - The company reported a 19% revenue increase to $5.6 billion for the third quarter of fiscal 2025, but gross margin contracted and non-GAAP net income fell by 53% to $0.31 per diluted share [12] - Supermicro accounted for 6.5% of global server sales in Q4 2024, positioning it as a leader in AI servers, a market expected to grow by 37% annually through 2030 [10][9] - Analysts express concerns about Supermicro's competitive position, citing potential market share loss due to replicable business models and lower margins compared to peers [11][13]
Fluence Energy (FLNC) Earnings Call Presentation
2025-06-27 13:11
Barclays CEO Energy-Power Conference S E P T E M B E R 2 0 2 3 Disclaimer Forward-Looking Statements The forward-looking statements contained in this presentation are based on our current expectations and beliefs concerning future developments, as well as a number of assumptions concerning future events, and their potential effects on our business. These forward-looking statements are not guarantees of performance, and there can be no assurance that future developments affecting our business will be those t ...
Verinext Named HPE Storage Solution Provider of the Year, 2025
Prnewswire· 2025-06-24 15:36
Award recognizes Verinext's innovation, growth, and customer impact with HPE storage solutions across hybrid and next-gen infrastructure environments PHILADELPHIA, June 24, 2025 /PRNewswire/ -- Verinext, the company that delivers transformative business outcomes through technology and services for everything that comes next, today announced that it has been recognized as the HPE Storage Solution Provider of the Year, 2025. The award was presented to Verinext during HPE Partner Growth Summit 2025 in Las Vega ...
3 Solar Stocks to Watch Amid IRA Funding Uncertainty
ZACKS· 2025-06-20 13:50
The U.S. solar industry is poised for growth, supported by record installations and strong projections for 2025. However, challenges remain in the form of the temporary freeze on Inflation Reduction Act funding in early 2025, which disrupted solar project timelines. Also, high interest rates and economic uncertainty continue to weaken residential demand. China’s dominance in low-cost solar module manufacturing is pressuring U.S. producers. Nevertheless, utility-scale projects are thriving, with solar genera ...
Canadian Solar Inc. Announces Results of 2025 Annual Meeting of Shareholders
Prnewswire· 2025-06-20 11:00
KITCHENER, ON, June 20, 2025 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that it held its Annual Meeting of Shareholders on June 20, 2025. Each of the proposals submitted for shareholder approval was approved. Specifically, the shareholders approved: The election of Shawn (Xiaohua) Qu, Yan Zhuang, Harry E. Ruda, Andrew (Luen Cheung) Wong, Lauren C. Templeton, Leslie Li Hsien Chang, and Yuan Yuan Zhang Qu each as a director of the Company until the n ...