(RTTNews) - Forgent Power Solutions, Inc. (FPS), a designer and manufacturer of electrical distribution equipment, on Monday reported a sharp rise in second-quarter revenue but a decline in net income, primarily due to higher hiring and expansion costs as the company ramps up production to meet strong demand. The company also guided the second half and full-year 2026 and noted that it recently com...
(RTTNews) - Forgent Power Solutions, Inc. (FPS), a designer and manufacturer of electrical distribution equipment, on Monday reported a sharp rise in second-quarter revenue but a decline in net income, primarily due to higher hiring and expansion costs as the company ramps up production to meet strong demand. The company also guided the second half and full-year 2026 and noted that it recently completed its initial public offering and began trading on the New York Stock Exchange. For the second quarter, net income attributable to the company declined to $0.25 million from $4.59 million in the previous year. Adjusted net income increased to $35.52 million from $21.41 million in the previous year. Adjusted EBITDA jumped to $60.38 million from $39.88 million in the same period a year ago. Income from operations rose to $20.09 million from $18.95 million in the prior year. Revenue increased to $296.40 million from $175.34 million in the previous year. Further, the company priced its initial public offering at $27 per share on February 4, began trading on the New York Stock Exchange on February 5 under "FPS," and raised about $1.7 billion, including the over-allotment option. Looking ahead, the company provided an outlook for the second half and full year 2026 based on the backlogs. For the second half of fiscal 2026, the company expects revenue to range between $695 million and $745 million. Adjusted EBITDA is expected to be between $175 million and $185 million for the second half of fiscal year 2026. Adjusted net income for the second half of fiscal year 2026 is expected to be from $115 million to $125 million. For the fiscal year 2026, the company expects revenue to range between $1.28 billion and $1.33 billion. Adjusted EBITDA is expected to range between $300 and $310 for the full year 2026. Fiscal year 2026 adjusted net income is anticipated to range between $190 million and $200 million. For more earnings news, earnings calendar, and earnings for stocks, visit rt...
Vietnamese electric vehicle maker VinFast Auto Ltd. said it will resume construction on its North Carolina factory this year while reporting a wider loss in the fourth quarter as costs tied to its global expansion continued to rise. The company reported a fourth-quarter net loss of 35.2 trillion dong ($1.3 billion), an increase of 15% year-on-year. Revenue soared 138.9% year-on-year to 39.4 trilli...
Vietnamese electric vehicle maker VinFast Auto Ltd. said it will resume construction on its North Carolina factory this year while reporting a wider loss in the fourth quarter as costs tied to its global expansion continued to rise. The company reported a fourth-quarter net loss of 35.2 trillion dong ($1.3 billion), an increase of 15% year-on-year. Revenue soared 138.9% year-on-year to 39.4 trillion dong, VinFast said in a US filing. Fourth-quarter cost of sales was at 55.14 trillion dong, up 86.6% versus the same year-ago period. The company delivered 86,557 cars in the fourth quarter, representing a 127% quarterly jump and 63% year-over-year increase, according to the statement. Last year, VinFast sold 196,919 vehicles, more than double the amount in 2024. VinFast is not expected to reach the break-even point on earnings before interest, taxes, depreciation and amortization, or Ebitda, this year, VinFast Chairwoman Le Thi Thu Thuy said in an interview. “The financial numbers and key metrics are looking better. We are having more products and more markets and we are heading to the Ebitda break-even point in the medium term,” she said, without a giving specific timeframe. Scale and cost optimization will be primary drivers of profitability, Thuy said. VinFast founder Pham Nhat Vuong had said he expected the company to break even at the end of this year. VinFast reported a full-year 2025 net loss of 97.25 trillion dong, an increase of 25.7% from a year ago. Total revenue last year was 90.4 trillion dong, a 105.4% jump from the previous year. The US factory, which VinFast said it expected to begin operations in 2028, would follow plant openings in India and Indonesia. The company announced in 2024 it was delaying its North Carolina factory by three years. Read More: VinFast to Invest $500 Million in India to Expand Manufacturing The company “continues to evaluate opportunities to expand into additional countries and regions across Europe, Asia, the Middle East and Afr...
Caleres ( CAL ) declares $0.07/share quarterly dividend , in line with previous. Forward yield 3.01% Payable April 10; for shareholders of record March 26; ex-div March 26. See CAL Dividend Scorecard, Yield Chart, & Dividend Growth. More on Caleres Bottom 10 small-cap stocks with the lowest dividend safety grade Caleres names interim CFO Seeking Alpha’s Quant Rating on Caleres Historical earnings ...
Caleres ( CAL ) declares $0.07/share quarterly dividend , in line with previous. Forward yield 3.01% Payable April 10; for shareholders of record March 26; ex-div March 26. See CAL Dividend Scorecard, Yield Chart, & Dividend Growth. More on Caleres Bottom 10 small-cap stocks with the lowest dividend safety grade Caleres names interim CFO Seeking Alpha’s Quant Rating on Caleres Historical earnings data for Caleres Dividend scorecard for Caleres
MOUNTAIN VIEW, Calif., March 16, 2026 /PRNewswire/ -- Cyngn (NASDAQ: CYN) announced it is integrating its high-fidelity forklift vehicle models into NVIDIA Isaac Sim, an open simulation framework for developing autonomous systems. Over the past year, Cyngn and NVIDIA engineering teams have worked together to enable Cyngn’s detailed forklift models. By bringing its validated vehicle dynamics models...
MOUNTAIN VIEW, Calif., March 16, 2026 /PRNewswire/ -- Cyngn (NASDAQ: CYN) announced it is integrating its high-fidelity forklift vehicle models into NVIDIA Isaac Sim, an open simulation framework for developing autonomous systems. Over the past year, Cyngn and NVIDIA engineering teams have worked together to enable Cyngn’s detailed forklift models. By bringing its validated vehicle dynamics models into a realistic digital factory environment in Isaac Sim, Cyngn can test how its forklifts move, turn, and respond to different surfaces before they operate in customer facilities. This milestone strengthens Cyngn's autonomous forklift program, including its work with Arauco, which previously pre-ordered 100 autonomous forklifts. Over the past year, Cyngn and NVIDIA engineering teams worked together to enable Cyngn's detailed forklift models — built using advanced engineering tools and exported as Functional Mock-up Units (FMUs), an industry standard format — to run inside Isaac Sim. The teams established two-way communication between Cyngn's tire and vehicle dynamics models and Isaac Sim's virtual surfaces, ensuring that forklift behavior in simulation closely reflects real-world performance. By bringing its validated vehicle dynamics models into a realistic digital factory environment in Isaac Sim, Cyngn can test how its forklifts move, turn, and respond to different surfaces before they operate in customer facilities. This allows the company to identify issues earlier, reduce risk, and accelerate deployment timelines. "Combining NVIDIA Isaac Sim's large-scale, GPU-accelerated simulation environment with our high-fidelity forklift models allows us to develop and validate autonomy more efficiently," said Lior Tal, CEO of Cyngn. "By strengthening the connection between simulation and real-world deployment, we can move faster, reduce risk, and bring autonomous industrial vehicles to customers with greater confidence." Cyngn's integration of Isaac Sim reflects its alignment...
Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Alibaba Group Holding is preparing an enterprise focused agentic AI product built on its Qwen model. The new AI agent is expected to connect with core platforms such as Taobao and Alipay. This move shifts Alibaba's AI emphasis from consumer apps like JVS Claw toward business oriented solutio...
Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Alibaba Group Holding is preparing an enterprise focused agentic AI product built on its Qwen model. The new AI agent is expected to connect with core platforms such as Taobao and Alipay. This move shifts Alibaba's AI emphasis from consumer apps like JVS Claw toward business oriented solutions. The development has not been highlighted in recent Simply Wall St coverage and may be important for NYSE:BABA's technology positioning. Alibaba Group Holding (NYSE:BABA) is moving to embed its Qwen based agentic AI more deeply into its e commerce and fintech ecosystem through enterprise use cases. The company is preparing to link this AI agent with platforms such as Taobao and Alipay, which could matter for how its large user and merchant bases interact with services. The share price sits at $135.21, with a value score of 6 and a mixed return profile that includes a 1.9% gain over the past week and a 40.0% decline over five years. For investors, this new enterprise focused AI initiative relates more to how Alibaba is trying to position its core businesses than to short term share price movements. The breadth of its platforms gives it several places to apply agentic AI, and the effectiveness of this execution could influence its competitive position in e commerce and digital finance over time. Stay updated on the most important news stories for Alibaba Group Holding by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Alibaba Group Holding. NYSE:BABA Earnings & Revenue Growth as at Mar 2026 5 things going right for Alibaba Group Holding that this headline doesn't cover. This planned enterprise focused AI agent ties Alibaba’s recent consumer facing JVS Claw launch directly into its core money making platforms. By bringing Qwen based agents into Taobao and Alipay, Alibaba is aiming to turn AI from a standalone ap...
Science Applications press release ( SAIC ): Q4 Non-GAAP EPS of $2.62 beats by $0.61 . Revenue of $1.75B (-4.9% Y/Y) misses by $20M . Q4 FY26 net bookings of $0.6 billion; book-to-bill ratio of 0.3; trailing twelve months book-to-bill ratio of 1.1 More on Science Applications Science Applications International Corporation (SAIC) Presents at 47th Annual TD Cowen Aerospace and Defense Conference Tra...
Science Applications press release ( SAIC ): Q4 Non-GAAP EPS of $2.62 beats by $0.61 . Revenue of $1.75B (-4.9% Y/Y) misses by $20M . Q4 FY26 net bookings of $0.6 billion; book-to-bill ratio of 0.3; trailing twelve months book-to-bill ratio of 1.1 More on Science Applications Science Applications International Corporation (SAIC) Presents at 47th Annual TD Cowen Aerospace and Defense Conference Transcript Seeking Alpha’s Quant Rating on Science Applications Historical earnings data for Science Applications Dividend scorecard for Science Applications Financial information for Science Applications
DayOne Data Centers Ltd. is close to filing confidentially for an initial public offering in the US, people familiar with the matter said, paving the way for another multibillion-dollar deal in an industry riding the artificial intelligence boom. The Singapore-based data center operator may submit its draft IPO registration to the US Securities and Exchange Commission as soon as this week, the peo...
DayOne Data Centers Ltd. is close to filing confidentially for an initial public offering in the US, people familiar with the matter said, paving the way for another multibillion-dollar deal in an industry riding the artificial intelligence boom. The Singapore-based data center operator may submit its draft IPO registration to the US Securities and Exchange Commission as soon as this week, the people said, asking not to be identified because the information is private. No final decisions have been made, however, and the timing may change, they said. A representative for DayOne didn’t immediately respond to a request seeking comment. People familiar with the matter have said that DayOne may seek to raise about $5 billion in an offering this year and is working with Bank of America Corp. , Citigroup Inc. , JPMorgan Chase & Co. and Morgan Stanley . Data centers have drawn companies and investors keen to deploy capital into digital infrastructure that’s needed to power AI. Advisers have been particularly busy on mergers and acquisitions in Asia and the US. Previously known as GDS International or GDSI, DayOne closed a Series C funding round of more than $2 billion in January to support its international growth. The round was led by investor Coatue Management . DayOne runs data centers in Singapore, Malaysia, Indonesia, Thailand, Hong Kong, Tokyo and Finland, its website shows. Other backers include GDS Holdings Ltd. , Boyu Capital, Hillhouse Investment, SoftBank Vision Fund, Tekne Capital, Baupost Group and Citadel Chief Executive Officer Ken Griffin.
Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Intel, ticker NasdaqGS:INTC, has introduced its new Core Ultra 200S Plus series desktop processors. The chips feature higher core counts and are designed to improve content creation performance. Retail availability is scheduled to start on March 26. Intel operates across CPUs, GPUs an...
Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Intel, ticker NasdaqGS:INTC, has introduced its new Core Ultra 200S Plus series desktop processors. The chips feature higher core counts and are designed to improve content creation performance. Retail availability is scheduled to start on March 26. Intel operates across CPUs, GPUs and data center products, and the Core Ultra 200S Plus launch sits at the heart of its desktop computing line. Investors watching high-performance PCs, gaming rigs and content creation workstations may view this as a relevant update to Intel’s product stack, particularly where demand for capable desktop systems is closely tied to workloads like video editing and 3D rendering. For shareholders tracking Intel’s progress, this release adds another data point on how the company is competing for performance focused users. Upcoming information on pricing, adoption by PC builders and real world benchmarks could help clarify how this product family fits into Intel’s broader push for relevance in desktops and workstations. Stay updated on the most important news stories for Intel by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Intel. NasdaqGS:INTC Earnings & Revenue Growth as at Mar 2026 2 things going right for Intel that this headline doesn't cover. Quick Assessment ⚖️ Price vs Analyst Target : At US$45.77, Intel trades about 3% below the US$47.11 analyst price target, which is within a fairly neutral range. ❌ Simply Wall St Valuation : Shares are assessed as trading 38.4% above estimated fair value, which flags valuation as a key issue. ❌ Recent Momentum: The 30 day return of roughly 2.2% decline shows recent weakness despite the product launch. There is only one way to know the right time to buy, sell or hold Intel. Head to Simply Wall St's company report for the latest analysis of Intel's Fair Value. Key Considerat...
KE Holdings ( BEKE ) declares $0.276/ADS final cash dividend . Payable April 24; for shareholders of record April 8; ex-div April 8. The aggregate amount of the dividend to be paid will be approximately $0.3 billion, which will be funded by cash surplus on the company’s balance sheet. See BEKE Dividend Scorecard, Yield Chart, & Dividend Growth. More on KE Holdings KE Holdings Q4 2025 Earnings Prev...
KE Holdings ( BEKE ) declares $0.276/ADS final cash dividend . Payable April 24; for shareholders of record April 8; ex-div April 8. The aggregate amount of the dividend to be paid will be approximately $0.3 billion, which will be funded by cash surplus on the company’s balance sheet. See BEKE Dividend Scorecard, Yield Chart, & Dividend Growth. More on KE Holdings KE Holdings Q4 2025 Earnings Preview Baron Emerging Markets Fund adds AGRPY, FANDY, and exits GFI, BEKE among Q4 moves Seeking Alpha’s Quant Rating on KE Holdings Historical earnings data for KE Holdings Dividend scorecard for KE Holdings
Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Tesla (TSLA) is back in focus after announcing its Terafab AI chip project alongside a sharp rise in China-made vehicle deliveries, putting vertical integration and regional execution firmly on investors’ radar. See our latest a...
Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Tesla (TSLA) is back in focus after announcing its Terafab AI chip project alongside a sharp rise in China-made vehicle deliveries, putting vertical integration and regional execution firmly on investors’ radar. See our latest analysis for Tesla. Despite recent headlines around Terafab and surging China-made deliveries, Tesla’s shares have pulled back, with a 30 day share price return showing a 6.29% decline and a 90 day share price return showing a 20.14% decline, while the 1 year total shareholder return of 64.36% still points to strong longer term momentum. If Tesla’s AI and robotics push has your attention, it can be useful to see what else is moving in related areas and check out 35 AI infrastructure stocks With Tesla trading around US$391, roughly 8% below the average analyst price target of US$421.61, the question for you is simple: is this pullback a buying opportunity, or is the market already pricing in future growth? Most Popular Narrative: 34% Undervalued According to the most followed narrative, Tesla’s fair value of $588.18 sits well above the last close at $391.20, highlighting how much of its AI and robotics ambitions are already reflected in the price. The Optimus humanoid robot is in early-stage deployment within Tesla factories, reducing labor costs. Read the complete narrative. Read the complete narrative. Curious what kind of revenue mix could justify that fair value, with AI, energy storage, robotaxis and robots all in play, and profit margins more in line with mature software and platform companies than traditional automakers? The narrative describes specific growth paths, earnings assumptions and a future valuation multiple that frames Tesla as a broad tech platform rather than primarily a car manufacturer. Result: Fair Value of $588.18 (UNDERVALUED) Have a read of the narr...
Humankind Investments LLC trimmed its stake in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 11.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 103,611 shares of the chip maker's stock after selling 12,833 shares during the period. Intel comprises 0.8% of Humankind Investments LLC's holdin...
Humankind Investments LLC trimmed its stake in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 11.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 103,611 shares of the chip maker's stock after selling 12,833 shares during the period. Intel comprises 0.8% of Humankind Investments LLC's holdings, making the stock its 19th largest position. Humankind Investments LLC's holdings in Intel were worth $3,476,000 as of its most recent filing with the Securities & Exchange Commission. Get Intel alerts: Sign Up Several other institutional investors also recently bought and sold shares of INTC. Norges Bank purchased a new stake in Intel in the 2nd quarter worth approximately $1,579,378,000. Capital World Investors increased its holdings in shares of Intel by 32.5% during the 3rd quarter. Capital World Investors now owns 86,503,121 shares of the chip maker's stock valued at $2,902,180,000 after purchasing an additional 21,230,715 shares in the last quarter. AQR Capital Management LLC lifted its stake in shares of Intel by 210.9% in the 2nd quarter. AQR Capital Management LLC now owns 15,498,219 shares of the chip maker's stock valued at $346,230,000 after purchasing an additional 10,514,007 shares during the period. Van ECK Associates Corp lifted its stake in shares of Intel by 18.3% in the 3rd quarter. Van ECK Associates Corp now owns 55,521,741 shares of the chip maker's stock valued at $1,862,755,000 after purchasing an additional 8,569,812 shares during the period. Finally, Vanguard Group Inc. boosted its holdings in Intel by 2.3% during the second quarter. Vanguard Group Inc. now owns 385,903,735 shares of the chip maker's stock worth $8,644,244,000 after buying an additional 8,513,298 shares in the last quarter. 64.53% of the stock is currently owned by hedge funds and other institutional investors. Intel News Summary Here are the key news stories impacting Intel thi...
Prices for Russia’s key export blend delivered to India hit a record high after the US widened its permit allowing countries to buy the nation’s crude. Urals crude on India’s west coast reached $98.93 a barrel on Friday, according to data from Argus Media. The price, which includes shipping costs, is the highest since Russia redirected crude exports to India following its invasion of Ukraine in ea...
Prices for Russia’s key export blend delivered to India hit a record high after the US widened its permit allowing countries to buy the nation’s crude. Urals crude on India’s west coast reached $98.93 a barrel on Friday, according to data from Argus Media. The price, which includes shipping costs, is the highest since Russia redirected crude exports to India following its invasion of Ukraine in early 2022. The spike follows higher global oil prices amid the ongoing war in the Middle East. The discount on Russia’s crude shipped to Indian ports narrowed to $4.80 a barrel versus the global benchmark Dated Brent on Friday, the lowest in more than four months, the data showed. Last week the US Treasury issued its second authorization allowing buyers to take Russian oil cargoes already at sea. The move expanded a temporary waiver — granted to India alone the previous week — to any country, as President Donald Trump’s administration seeks to ease pressure on prices with the war in the Middle East entering its third week. After receiving the green light from the US in early March, Indian refiners — including Indian Oil Corp. and Reliance Industries Ltd — purchased about 30 million barrels of unsold seaborne Russian crude, people familiar with the deals said last week. Urals averaged $73.73 a barrel at Russia’s western ports on Friday, the highest since mid-July 2024, according to Argus Media. It’s unclear whether the so-called delivery spread — the gap between export and delivered prices — ultimately accrues to Russia. Read More: Putin’s Iran War Dividend Raises Alarm Among Some US Allies The price is still well above the $59-a-barrel average assumed in Russia’s budget for this year. Last week President Vladimir Putin urged the nation’s oil and gas producers to take advantage of soaring commodity prices, but warned the surge is “certainly temporary” and that officials and companies should plan accordingly.