Travis Kalanick is trying to buy Pony.ai — and Uber might help
TechCrunch· 2025-06-26 20:10
Core Insights - Travis Kalanick, the founder of Uber, is exploring the acquisition of the U.S. arm of Chinese autonomous vehicle company Pony.ai, with potential financial backing from investors and possible assistance from Uber [1][2] - Pony.ai went public last year with a market cap of approximately $4.5 billion and has been preparing its U.S. operations for a sale or spinoff since 2022 [2] - Kalanick's potential acquisition would mark his return to the self-driving vehicle sector after being ousted from Uber in 2017, following a series of challenges including a fatal incident involving an Uber test vehicle [3][5] Company Developments - Under Kalanick's leadership, Uber was initially focused on developing its own autonomous vehicle technology, but after his departure, the company sold its self-driving division to Aurora and shifted to a partnership model with other companies like Waymo [3] - Kalanick has been involved in robotics through his ghost kitchen venture, CloudKitchens, and would continue to manage that business if he acquires Pony.ai [4] Market Context - Kalanick previously stated that Uber was "really only behind Waymo but probably catching up" in the autonomous vehicle space before his exit, indicating a competitive landscape in the self-driving sector [5] - The legal battle between Uber and Waymo over trade secrets related to autonomous vehicles highlights the intense competition and challenges within the industry [5]
Concentrix Reports Second Quarter 2025 Results
Globenewswire· 2025-06-26 20:10
Exceeds revenue guidance for the quarter and raises full year growth outlookGenerates $200 million in adjusted free cash flow and remains on track to deliver $625 million to $650 million of adjusted free cash flow for the yearSees ongoing momentum for the Company’s iX Product SuiteExpects to return more than $240 million to shareholders in fiscal 2025 through share repurchases and dividends NEWARK, Calif., June 26, 2025 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ: CNXC), a global technology and servi ...
Earlyworks Co., Ltd. Granted Extension by Nasdaq Hearings Panel to Regain Compliance with Continued Listing Requirements
Globenewswire· 2025-06-26 20:10
TOKYO, June 26, 2025 (GLOBE NEWSWIRE) -- Earlyworks Co., Ltd. (Nasdaq: ELWS) (the “Company” or “Earlyworks”), a Japanese company operating its proprietary private blockchain technology, Grid Ledger System (“GLS”), today announced that it has received a decision from the Nasdaq Hearings Panel (the “Panel”) granting the Company an exception to enable continued listing on the Nasdaq Capital Market. As previously disclosed on May 7, 2025, the Company received a staff determination letter dated May 2, 2025 (the ...
MATSON INCREASES QUARTERLY DIVIDEND TO $0.36 PER SHARE
Prnewswire· 2025-06-26 20:10
HONOLULU, June 26, 2025 /PRNewswire/ -- The Board of Directors of Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, has declared a third quarter dividend of $0.36 per common share. The dividend represents a two-cent, or 5.9%, increase over the previous quarter's dividend and will be paid on September 4, 2025 to all shareholders of record as of the close of business on August 7, 2025."This announcement marks the thirteenth consecutive annual increase to Matson's quarterly dividend," said Matt ...
Labcorp to Announce Second Quarter Financial Results on July 24, 2025
Prnewswire· 2025-06-26 20:10
BURLINGTON, N.C., June 26, 2025 /PRNewswire/ -- Labcorp Holdings Inc. (NYSE: LH), a global leader of innovative and comprehensive laboratory services, will release its financial results for the second quarter of 2025 before the market opens on Thursday, July 24, 2025. The company will host a conference call and webcast beginning at 9 a.m. ET that day to discuss the results. The earnings press release and accompanying financial information will be posted on the Labcorp Investor Relations website.The call wil ...
Private Water Well Warning Signs: Ben Pearson of Pearson Drilling Company Shares Inspection Tips in HelloNation
GlobeNewswire News Room· 2025-06-26 20:06
LAKE CITY, Mich., June 26, 2025 (GLOBE NEWSWIRE) -- What are the early signs that your water well may need inspection? Ben Pearson of Pearson Drilling Company outlines the key indicators in a recent HelloNation article, emphasizing the importance of monitoring water quality, system performance, and well components to maintain safe, reliable access to groundwater. Pearson explains that changes in water clarity, taste, or pressure are often the first signs of trouble. Cloudy or discolored water may indicate s ...
NextEra Energy: Strong Buy On Embedded Growth And Renewables Supercycle
Seeking Alpha· 2025-06-26 20:05
We initiate on NextEra (NYSE: NYSE: NEE ) with a Strong Buy, and $94 price target. NextEra Energy, Inc. is an electric generator and deliverer operating across North America, balancing one of the nation’s largest regulated utilities with a high-growth renewables platform. Beneath theMoretus Research delivers state-of-the-art, buy-side quality equity research for serious investors seeking clarity, conviction, and alpha. Focused on U.S. public markets, Moretus applies a structured, repeatable framework to ide ...
Regeneron to Report Second Quarter 2025 Financial and Operating Results and Host Conference Call and Webcast on August 1, 2025
Globenewswire· 2025-06-26 20:05
TARRYTOWN, N.Y., June 26, 2025 (GLOBE NEWSWIRE) -- Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) today announced that it will report its second quarter 2025 financial and operating results on Friday, August 1, 2025, before the U.S. financial markets open. The Company will host a conference call and simultaneous webcast at 8:30 AM Eastern Time that day. Conference Call Information Participants may access the conference call live via webcast on the ’Investors and Media’ page of Regeneron’s website at https: ...
Coveo Named a Leader in the 2025 Gartner® Magic Quadrant™ for Search and Product Discovery
Prnewswire· 2025-06-26 20:05
Coveo Named a Leader for the Second Consecutive YearMONTREAL and SAN FRANCISCO, June 26, 2025 /PRNewswire/ - Coveo, the leader in AI-Relevance, delivering best-in-class AI-search and generative experiences that maximize business outcomes at every point-of-experience, today announced it has been positioned by Gartner as a Leader, for the second consecutive year, in the Magic Quadrant for Search and Product Discovery1. The evaluation was based on specific criteria that analyzed the company's overall Completen ...
Roadzen Reports Full Fiscal Year 2025 Financial Results; Fiscal Q4 Delivers 13.3% Revenue Growth, 99% Net Loss Reduction, and Continued Progress Towards Breakeven
Globenewswire· 2025-06-26 20:05
Roadzen enters Fiscal Year 2026 with Momentum and Improved Operating Leverage Driven by Strong Performance in the U.S. and India and a $300+Million Pipeline Key Highlights – Fiscal Year 2025 1.Revenue Growth Returns in Q4Roadzen reported full-year revenue of $44.3 million, a 5.2% decline year-over-year due to the temporary suspension of GAP insurance sales in the U.K, which impacted an estimated $27 million in annualized revenues of the Company in FY2025. In Fiscal Q4, Roadzen returned to top-line growth, d ...