Toyota Motor Corp. has filed for approval to build a new manufacturing facility in Texas. The site would be located in Bexar County with a total investment of $2 billion, according to a filing on Friday submitted to the Texas Comptroller of Public Accounts. The forthcoming site would create 75 new jobs, according to the document. The world’s biggest carmaker could be looking to build a new plant a...
Toyota Motor Corp. has filed for approval to build a new manufacturing facility in Texas. The site would be located in Bexar County with a total investment of $2 billion, according to a filing on Friday submitted to the Texas Comptroller of Public Accounts. The forthcoming site would create 75 new jobs, according to the document. The world’s biggest carmaker could be looking to build a new plant alongside its existing truck factory in the state, building on momentum in the US as President Donald Trump pressures carmakers to bolster domestic production. A US spokesperson for Toyota said it has nothing further to announce at this time, adding that “our production philosophy is to build where we sell and buy where we build.” “We regularly evaluate our manufacturing footprint to ensure we remain competitive and aligned with customer demand,” the company said in a statement to Bloomberg News. “This reflects our long-term commitment of investing in the North American region, local manufacturing/jobs, and suppliers.” Construction will start this year and be completed in 2029, with operations starting in 2030, according to the application.
On Thursday, Cerebras Systems (NASDAQ: CBRS) soared 68.2% in its debut on the Nasdaq stock exchange. The artificial intelligence (AI) chipmaker's initial public offering was the largest IPO in 2026 so far. That title, however, may be lost if Elon Musk's SpaceX goes public this year, as widely expected. Here's what investors should know. Cerebras' wafer-scale AI chip. Image source: Cerebras Systems...
On Thursday, Cerebras Systems (NASDAQ: CBRS) soared 68.2% in its debut on the Nasdaq stock exchange. The artificial intelligence (AI) chipmaker's initial public offering was the largest IPO in 2026 so far. That title, however, may be lost if Elon Musk's SpaceX goes public this year, as widely expected. Here's what investors should know. Cerebras' wafer-scale AI chip. Image source: Cerebras Systems. Continue reading
Key PointsS Squared Technology sold 128,551 Ambarella shares in the first quarter; the estimated transaction value is $8.02 million based on the quarter’s average price.
Key PointsS Squared Technology sold 128,551 Ambarella shares in the first quarter; the estimated transaction value is $8.02 million based on the quarter’s average price.
VANCOUVER, British Columbia, May 14, 2026 (GLOBE NEWSWIRE) -- Diversified Royalty Corp. (TSX: DIV, DIV.DB.A and DIV.DB.B) (the “Corporation” or “DIV”) is pleased to announce its financial results for the three months ended March 31, 2026 (“Q1 2026”).
VANCOUVER, British Columbia, May 14, 2026 (GLOBE NEWSWIRE) -- Diversified Royalty Corp. (TSX: DIV, DIV.DB.A and DIV.DB.B) (the “Corporation” or “DIV”) is pleased to announce its financial results for the three months ended March 31, 2026 (“Q1 2026”).
Earnings Call Insights: Research Solutions (RSSS) Q3 fiscal 2026 Management View "The third quarter represented improving EBITDA and net income but was certainly lower than our expectations in terms of top line growth." (President, CEO & Chairman Roy Olivier) "New bookings were good at 61 new or upsell logos, representing $961,000 in ARR. Unfortunately, churn was 46 logos, representing $398,000 in...
Earnings Call Insights: Research Solutions (RSSS) Q3 fiscal 2026 Management View "The third quarter represented improving EBITDA and net income but was certainly lower than our expectations in terms of top line growth." (President, CEO & Chairman Roy Olivier) "New bookings were good at 61 new or upsell logos, representing $961,000 in ARR. Unfortunately, churn was 46 logos, representing $398,000 in ARR." (President, CEO & Chairman Olivier) "During the quarter, we released 2 new AI-based products... called MCPs, which stands for Model Context Protocol... a connector to integrate an AI-based LLM like ChatGPT or Claude... into Article Galaxy or Scite." (President, CEO & Chairman Olivier) "Total revenue for the third quarter of fiscal 2026 was $12.1 million... Growth in platform subscription revenue was more than offset by a decline in our lower-margin transactions business." (Interim CFO & Company Secretary Dave Kutil) "Gross margin was 51.7%, a 220 basis point improvement... driven primarily by the ongoing revenue mix shift towards our higher-margin platforms business." (Interim CFO & Company Secretary Kutil) Outlook "We are entering the final quarter of fiscal 2026 with the aim of delivering adjusted EBITDA growth over the prior year, driven by continued platform subscription growth, improved retention, growing stabilization in transactions, and disciplined expense management." (Interim CFO & Company Secretary Kutil) "Regarding document delivery or DocDel, we expect to see improvement in Q4 in terms of year-over-year performance." (President, CEO & Chairman Olivier) "While this is not something that gets fixed in a quarter, I feel very good about our plan to get this back to historic levels." (President, CEO & Chairman Olivier) Financial Results "Total revenue for the third quarter of fiscal 2026 was $12.1 million compared to $12.7 million in the third quarter of fiscal 2025." (Interim CFO & Company Secretary Kutil) "Platform subscription revenue increased approximate...
Earnings Call Insights: Live Ventures (LIVE) Q2 fiscal 2026 Management View CEO commentary was not included in this transcript beyond the introduction. "During the quarter, our Retail Entertainment and Flooring Manufacturing segments delivered strong operating income growth of 32.8% and 24%, respectively" (Chief Financial Officer David Verret), while "these gains were offset by a $1.9 million... i...
Earnings Call Insights: Live Ventures (LIVE) Q2 fiscal 2026 Management View CEO commentary was not included in this transcript beyond the introduction. "During the quarter, our Retail Entertainment and Flooring Manufacturing segments delivered strong operating income growth of 32.8% and 24%, respectively" (Chief Financial Officer David Verret), while "these gains were offset by a $1.9 million... increase in operating loss in the Retail Flooring segment and a noncash goodwill impairment charge of approximately $4 million in our Steel Manufacturing segment" (Chief Financial Officer Verret). "Revenue decreased approximately $4.1 million or 3.8% to $102.9 million" (Chief Financial Officer Verret), and "operating loss was $2 million compared to operating income of $2.1 million in the prior year period" (Chief Financial Officer Verret). Outlook Guidance was not provided in the prepared remarks or Q&A in this transcript. On capital allocation priorities, "while there isn't anything out there, we are taking advantage of that time and paying down our debt" (Chief Financial Officer Verret). Financial Results "Retail Entertainment segment revenue increased approximately $2.7 million or 14.8% to $21.2 million" (Chief Financial Officer David Verret), while "Retail Flooring segment revenue decreased approximately $7.2 million or 26.2% to $20.2 million" (Chief Financial Officer Verret). Profitability and margins: "Gross profit decreased approximately $600,000 or 1.6% to $34.6 million" and "gross margin increased 80 basis points to 33.6%" (Chief Financial Officer Verret). Earnings and key items: "Net loss was approximately $2.4 million and diluted loss per share was $0.80" (Chief Financial Officer Verret), and management attributed results to items including "the goodwill impairment charge" and "a $1.4 million gain related to employee retention credits in the Retail Flooring segment" (Chief Financial Officer Verret), while noting "the prior year period benefited from a $22.8 millio...