Vuzix (NASDAQ:VUZI) reported a smaller first-quarter loss as operating expenses declined, while revenue fell year over year amid lower product sales, management said on the company’s first-quarter 2026 earnings call. Chief Executive Officer Paul Travers said the company is continuing to focus its s
Vuzix (NASDAQ:VUZI) reported a smaller first-quarter loss as operating expenses declined, while revenue fell year over year amid lower product sales, management said on the company’s first-quarter 2026 earnings call. Chief Executive Officer Paul Travers said the company is continuing to focus its s
Velo3D ( VELO ) has filed a registration statement for the potential sale of up to 3,000,000 shares of common stock by a selling stockholder. The company's stock eased 3.2% in extended trading. More on Velo3D, Inc. Velo3D Q1: A Double Beat And A Credible Guide Seem To Lead To A Re-Rating Velo3D: Metal Additive Manufacturing Platform Targeting High-End Applications Velo3D: Turnaround Goal Just Push...
Velo3D ( VELO ) has filed a registration statement for the potential sale of up to 3,000,000 shares of common stock by a selling stockholder. The company's stock eased 3.2% in extended trading. More on Velo3D, Inc. Velo3D Q1: A Double Beat And A Credible Guide Seem To Lead To A Re-Rating Velo3D: Metal Additive Manufacturing Platform Targeting High-End Applications Velo3D: Turnaround Goal Just Pushed Further Out, Investors Are Not Happy Velo3D Non-GAAP EPS of -$0.20, revenue of $13.8M beats by $3.94M Velo3D GAAP EPS of -$0.54, revenue of $9.4M; gives FY26 outlook
Tensions were already high on Wednesday night in the Philippine Senate, days after lawmakers abruptly ousted its leader and an ex-police chief wanted by the International Criminal Court showed up after six months in hiding. But few could guess at how suddenly terrifying things were going to get. Hours after wanted Senator Ronald dela Rosa had serenaded a group of reporters with the alma mater song...
Tensions were already high on Wednesday night in the Philippine Senate, days after lawmakers abruptly ousted its leader and an ex-police chief wanted by the International Criminal Court showed up after six months in hiding. But few could guess at how suddenly terrifying things were going to get. Hours after wanted Senator Ronald dela Rosa had serenaded a group of reporters with the alma mater song of the Philippine Military Academy and declared his right to sanctuary from arrest in the building,...
Abu Dhabi’s sovereign-wealth manager is launching a $13 billion liquefied natural gas export terminal being developed on the US Gulf Coast by Kimmeridge Energy Management Co. as the Iran war upends global supplies of the fuel, according to a statement by Kimmeridge’s company Caturus. A subsidiary of Mubadala Investment Co. is an equity partner in the financing of the Commonwealth LNG project in Lo...
Abu Dhabi’s sovereign-wealth manager is launching a $13 billion liquefied natural gas export terminal being developed on the US Gulf Coast by Kimmeridge Energy Management Co. as the Iran war upends global supplies of the fuel, according to a statement by Kimmeridge’s company Caturus. A subsidiary of Mubadala Investment Co. is an equity partner in the financing of the Commonwealth LNG project in Louisiana. Other investors include EOC Partners, BlackRock Inc. and a fund managed by Ares. Kimmeridge said in a statement that it is now committing to move forward to build the project.
POET Technologies press release ( POET ): Q1 GAAP EPS of -$0.08 misses by $0.03 . Revenue of $0.5M (+194.1% Y/Y) beats by $0.25M . Cash flow from operating activities in the first quarter of 2026 was ($8.8) million compared to ($8.9) million in the first quarter of 2025 and ($11.6) million in the fourth quarter of 2025. More on POET Technologies POET Technologies: The Human Element Slammed The Sto...
POET Technologies press release ( POET ): Q1 GAAP EPS of -$0.08 misses by $0.03 . Revenue of $0.5M (+194.1% Y/Y) beats by $0.25M . Cash flow from operating activities in the first quarter of 2026 was ($8.8) million compared to ($8.9) million in the first quarter of 2025 and ($11.6) million in the fourth quarter of 2025. More on POET Technologies POET Technologies: The Human Element Slammed The Stock, But I'm Still At 'Buy' POET Technologies: A Valuation Built On Fragile Foundations POET Technologies: Why I'm Still Bullish Despite The Marvell Drama And Legal Risks POET Technologies surges after unveiling AI infrastructure deal worth up to $500M POET Technologies names semiconductor veteran Sandeep Kumar as COO
Oversea-Chinese Banking Corp. plans to expand its wealth-management staff in Hong Kong by 30% this year in response to growing clients’ demand for investments and financing. Singapore’s second-largest lender will add between 30 and 50 relationship managers in the city as income from the wealth business there is set to rise five-fold since 2023, according to Josephine Lee , OCBC’s head of Hong Kong...
Oversea-Chinese Banking Corp. plans to expand its wealth-management staff in Hong Kong by 30% this year in response to growing clients’ demand for investments and financing. Singapore’s second-largest lender will add between 30 and 50 relationship managers in the city as income from the wealth business there is set to rise five-fold since 2023, according to Josephine Lee , OCBC’s head of Hong Kong consumer financial services. A new category of services targeting those with at least $1 million is being added this year too, she said at a briefing. OCBC’s services for rich clients has been helping to drive profit, with its first-quarter earnings beating estimates after fees related to wealth services surged. In Hong Kong, demand for wealth accounts has grown from customers both inside and outside of the jurisdiction who are seeking products including financing, Lee said. “We have to scale up our RMs to best serve them,” Lee said. Greater China, which includes Hong Kong, accounted for 23% of the bank’s operating profit in the first quarter, the second biggest contributor after Singapore. This was slightly more than the same period a year ago. Read More: Singapore Banks Reap Gains From Country’s Rise as Wealth Hub
The Reserve Bank of India raised trading targets for the country’s bond market makers in a bid to boost liquidity, driving a surge in activity in the 10-year benchmark security, according to people familiar with the development. Each of the 21 primary dealers must trade at least 4 trillion rupees ($41.8 billion) of bonds in the financial year starting April, up 48% from last year’s target, the peo...
The Reserve Bank of India raised trading targets for the country’s bond market makers in a bid to boost liquidity, driving a surge in activity in the 10-year benchmark security, according to people familiar with the development. Each of the 21 primary dealers must trade at least 4 trillion rupees ($41.8 billion) of bonds in the financial year starting April, up 48% from last year’s target, the people said, asking not to be identified as the matter is private. The RBI notified primary dealers of the targets in writing, the people said. The higher quotas are already feeding through to market activity. Daily trading volumes in the 10-year bond — the nation’s most liquid debt security — jumped 40% since April compared with March, data compiled by Bloomberg show. Total bond trading rose 15% over the same period. The move underscores the RBI’s push to deepen liquidity in sovereign debt, a priority Governor Sanjay Malhotra highlighted this month. That may keep volumes elevated through the year, helping cushion the market as investors contend with volatility from swings in the rupee and global oil prices. India Considers Reducing Taxes on Bond Investments by Foreigners India Is Said to Plan New Platform for Bond Derivative Trades The central bank sets these goals for primary dealers at the start of April as part of its operational guidelines. They are determined as a percentage of average trading volumes over the previous three years. A spokesperson for the RBI did not respond to request for comment. The Primary Dealers’ Association of India didn’t immediately reply to an emailed request for a comment.