NEWARK, N.J., June 11, 2026 (GLOBE NEWSWIRE) -- Rafael Holdings, Inc. (NYSE: RFL) today reported its financial results for the third quarter fiscal year 2026 ended April 30, 2026.
NEWARK, N.J., June 11, 2026 (GLOBE NEWSWIRE) -- Rafael Holdings, Inc. (NYSE: RFL) today reported its financial results for the third quarter fiscal year 2026 ended April 30, 2026.
Summer is almost here, and that means getting outside, having fun in the sun, and touching grass. But if you need to cool down for a bit, allow me to sing the praises of the library. If your local library system is anything like mine, it probably offers a lot of great things for you to do, both tech-related and not, at no extra cost. I'm part of the Multnomah County Library system , and I'm frankl...
Summer is almost here, and that means getting outside, having fun in the sun, and touching grass. But if you need to cool down for a bit, allow me to sing the praises of the library. If your local library system is anything like mine, it probably offers a lot of great things for you to do, both tech-related and not, at no extra cost. I'm part of the Multnomah County Library system , and I'm frankly spoiled by all of the things available with just a free library card. The perk I use most is the ability to fill up my Kindle with the wide selection of ebooks made available through OverDrive , a platform that partners with thousands of libraries … Read the full story at The Verge.
ZincFive Inc. , a specialized battery maker supplying data centers, has agreed to go public through a merger with a blank-check company backed by SparkLabs Group at a pre-money valuation of $600 million. Oregon-based ZincFive, whose revenue doubled to $69.9 million last year, plans to use proceeds from the transaction to increase production, including to address an $81 million backlog in orders as...
ZincFive Inc. , a specialized battery maker supplying data centers, has agreed to go public through a merger with a blank-check company backed by SparkLabs Group at a pre-money valuation of $600 million. Oregon-based ZincFive, whose revenue doubled to $69.9 million last year, plans to use proceeds from the transaction to increase production, including to address an $81 million backlog in orders as of Dec. 31, according to a statement reviewed by Bloomberg News. The transaction will deliver at least $100 million from a committed private investment in public equity, or PIPE, and as much as $25 million from the Spark I Acquisition Corp. trust account, the statement shows. Existing ZincFive shareholders will roll 100% of their equity into the combined company, according to the statement. ZincFive Chief Executive Officer Tod Higinbotham said that the capital will be used to scale production at ZincFive’s two facilities in China, as the company considers locations for a third plant in the US. The advantages of going public via a SPAC include the quicker time to market and the lower cost of the transaction, he said. “Getting the capital is the key for us,” Higinbotham said in an interview. “We have the backlog. We have the capacity. We have the demand. We really need capital.” The company’s nickel-zinc batteries are better suited for backing up data center generators than other types of batteries, Higinbotham said, because they can directly provide the immediate, full-power surge needed to start them in a power outage. While nickel-zinc batteries have other advantages — they’re non-flammable and more recyclable, for example — they discharge rapidly and aren’t designed to replace diesel generators or lithium-ion or lead-acid batteries as an energy supply for a longer period. “We’re the only company in the world delivering nickel-zinc into data centers,” said co-founder and board member Tim Hysell , who turned over the CEO reins to Higinbotham in September as part of the pla...
A recent rally in software stocks is proving to be short-lived, and investors are bracing for more selling as fears linger about artificial intelligence disruption. The iShares Expanded Tech-Software Sector ETF, known by its ticker IGV , turned positive for the year earlier this month after jumping 16% over three days following some strong earnings reports. But that ended abruptly on June 1, and t...
A recent rally in software stocks is proving to be short-lived, and investors are bracing for more selling as fears linger about artificial intelligence disruption. The iShares Expanded Tech-Software Sector ETF, known by its ticker IGV , turned positive for the year earlier this month after jumping 16% over three days following some strong earnings reports. But that ended abruptly on June 1, and the exchange-traded fund is now on a seven-session losing streak in which it has given back the entire gain. Software is the worst performing group in the S&P 500 Index over that time, and the ETF is down more than 12% in 2026, while the S&P 500 is up 7.9%. “We think there’s further downside even with the weakness we’ve seen,” said Mike Bell , head of market strategy at RBC BlueBay Asset Management. “The concern isn’t simply whether software companies will grow at the rates they did in the past. It is a genuinely existential threat, because the product may frankly no longer be necessary when AI can do it itself.” Software stocks have come under heavy scrutiny this year as competition from startups like Anthropic and OpenAI prompted a broad retreat from the sector. That’s compressing earnings multiples, which used to be among the highest in technology. Those anxieties were fanned on Tuesday after Anthropic released a version of its Mythos AI model, contributing to a 2.8% drop in IGV. “Traditional valuation metrics aren’t as useful when the band of uncertainty is so high, and it’s fair to say uncertainty is a lot higher than it’s been in the past,” Bell said. Still, results this earnings season have been encouraging with 90% of software companies in the S&P 500 beating profit estimates, compared with 82% for the broader index, according to data compiled by Bloomberg. And software firms presenting at Bank of America’s global technology conference earlier this month showed “consistent optimism across the landscape,” the bank’s analysts wrote in note to clients on June 8. Winners...
Helix Digital Infrastructure will “serve as a single coordination point for hyperscalers’ data centers, power, connectivity and related needs,” KKR said.
Helix Digital Infrastructure will “serve as a single coordination point for hyperscalers’ data centers, power, connectivity and related needs,” KKR said.
In recent trading, shares of PENN Entertainment Inc (Symbol: PENN) have crossed above the average analyst 12-month target price of $20.88, changing hands for $21.47/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade
In recent trading, shares of PENN Entertainment Inc (Symbol: PENN) have crossed above the average analyst 12-month target price of $20.88, changing hands for $21.47/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade
Driven Brands press release ( DRVN ): Q1 Non-GAAP EPS of $0.30 beats by $0.06 . Revenue of $484.44M (+8.2% Y/Y) beats by $4.09M . Take 5 same store sales increase 4.5%; 23rd consecutive quarter of growth The Company reiterates its financial outlook for fiscal year 2026 ending December 26, 2026, as follows: 2026 Outlook Revenue ~$1.95 - $2.05 billion Adjusted EBITDA1 ~$430 - $460 million Adjusted D...
Driven Brands press release ( DRVN ): Q1 Non-GAAP EPS of $0.30 beats by $0.06 . Revenue of $484.44M (+8.2% Y/Y) beats by $4.09M . Take 5 same store sales increase 4.5%; 23rd consecutive quarter of growth The Company reiterates its financial outlook for fiscal year 2026 ending December 26, 2026, as follows: 2026 Outlook Revenue ~$1.95 - $2.05 billion Adjusted EBITDA1 ~$430 - $460 million Adjusted Diluted EPS ~$1.15 - $1.25 Click to enlarge Shares +6% PM. More on Driven Brands Driven Brands Holdings: Hard To Stay Bullish Due To Fundamental Weakness (Rating Downgrade) Driven Brands Holdings Inc. 2025 Q4 - Results - Earnings Call Presentation Driven Brands Holdings Inc. (DRVN) Q4 2025 Earnings Call Transcript Driven Brands Q1 2026 Earnings Preview Driven Brands receives Nasdaq non-compliance notice over delayed 10-Q filing
Wallbox ( WBX ) shares up 6% in premarket trading following the announcement that the electric vehicle charging solutions provider has received approximately €10.5 million through Canada’s clean fuel credit framework for the year 2025. The funds were generated via eligible EV charging activity across Wallbox's connected AC charger network in Canada, where software-tracked charging sessions displac...
Wallbox ( WBX ) shares up 6% in premarket trading following the announcement that the electric vehicle charging solutions provider has received approximately €10.5 million through Canada’s clean fuel credit framework for the year 2025. The funds were generated via eligible EV charging activity across Wallbox's connected AC charger network in Canada, where software-tracked charging sessions displaced traditional fossil fuels. Under Canada’s clean fuel regulations, charging sessions that reduce transport-related emissions generate marketable compliance credits. In compliance with Canadian regulatory requirements, Wallbox will reinvest 100% of the proceeds back into the region through localized incentives and structural initiatives aimed at accelerating regional EV adoption. Rather than booking the credits as standard, unallocated bottom-line revenue, the influx will act as a dedicated capital pool to subsidize residential, commercial, and public charging buildouts across Canada. Ultimately, this 2025 operational milestone underscores the long-term economic potential of Wallbox's business model, demonstrating that its installed, connected hardware network can serve as a continuous, value-generating digital platform long after the initial physical deployment. More on Wallbox N.V - Class A Wallbox N.V. 2026 Q1 - Results - Earnings Call Presentation Wallbox N.V. (WBX) Q1 2026 Earnings Call Prepared Remarks Transcript Wallbox inks deal with Freenow by Lyft to support taxi electrification Wallbox N.V - Class A reports Q1 results; gives Q2 outlook Seeking Alpha’s Quant Rating on Wallbox N.V - Class A
In recent trading, shares of Eagle Financial Services, Inc. (Symbol: EFSI) have crossed above the average analyst 12-month target price of $42.00, changing hands for $42.40/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: do
In recent trading, shares of Eagle Financial Services, Inc. (Symbol: EFSI) have crossed above the average analyst 12-month target price of $42.00, changing hands for $42.40/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: do
In recent trading, shares of Ashland Inc (Symbol: ASH) have crossed above the average analyst 12-month target price of $64.33, changing hands for $64.90/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuatio
In recent trading, shares of Ashland Inc (Symbol: ASH) have crossed above the average analyst 12-month target price of $64.33, changing hands for $64.90/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuatio
Photo: VCG Beijing’s market regulator has summoned major e-commerce platforms including Taobao, Tmall and JD.com over excessive competition during the ongoing “618” shopping festival. The move highlights China’s intensifying regulatory campaign against ruinous price wars and misleading promotional tactics, as authorities push the country’s massive e-commerce sector to pivot from aggressive discoun...
Photo: VCG Beijing’s market regulator has summoned major e-commerce platforms including Taobao, Tmall and JD.com over excessive competition during the ongoing “618” shopping festival. The move highlights China’s intensifying regulatory campaign against ruinous price wars and misleading promotional tactics, as authorities push the country’s massive e-commerce sector to pivot from aggressive discounting to innovation and quality services.