Archives

Deloitte Acquires Wavicle To Expand Databricks Data And AI Engineering Capabilities

By Amit Chowdhry ● Aug 31, 2026

Deloitte has acquired substantially all of the assets of Wavicle Data Solutions, expanding its Artificial Intelligence and Data practice with additional Databricks engineering capabilities and industry-specific data expertise.

NVIDIA Invests $3.5 Billion In MediaTek As Partnership Expands Across AI Infrastructure, PCs And Automotive

By Amit Chowdhry ● Aug 31, 2026

NVIDIA and MediaTek have expanded their long-standing semiconductor partnership across AI infrastructure, local AI computing and automotive, with NVIDIA also investing $3.5 billion in convertible bonds issued by MediaTek.

OpenAI: ChatGPT Ads Reaches $1 Billion Annualized Revenue Run Rate In Under 200 Days As Self-Service Expands Globally

By Amit Chowdhry ● Aug 31, 2026

OpenAI said ChatGPT Ads has reached a $1 billion annualized revenue run rate less than 200 days after launch, as the advertising platform expands internationally and attracts tens of thousands of advertisers.

Lucky Strike: Q4 Net Loss Narrows 65% As Waterpark Revenue And Profitability Surge

By Amit Chowdhry ● Aug 31, 2026

Lucky Strike Entertainment substantially narrowed its fourth-quarter loss as management pointed to improving underlying trends across bowling, events and waterparks and outlined a capital-allocation strategy designed to produce higher free cash flow and faster deleveraging.

Canadian Solar: Energy Storage Shipments Jump 73% And Beat Guidance As Backlog Reaches $3.5 Billion

By Amit Chowdhry ● Aug 31, 2026

Canadian Solar's battery energy storage business was the standout growth engine in the company's second-quarter 2026 results, with shipments rising 73% year-over-year and substantially exceeding management's guidance while contracted storage backlog reached $3.5 billion.

FinVolution: Overseas Operating Profit More Than Doubles As Unique Borrowers Surge 130%

By Amit Chowdhry ● Aug 31, 2026

FinVolution Group's overseas business delivered one of the strongest growth signals in the company's second-quarter 2026 results, with international operating profit more than doubling as the number of unique overseas borrowers increased 130%.

Lotus Technology: Deliveries Jump 39% As Revenue Rises 23% And Gross Profit Increases 47%

By Amit Chowdhry ● Aug 31, 2026

Lotus Technology reported accelerating vehicle deliveries and improved financial performance during the first half of 2026 as the introduction of its first plug-in hybrid model expanded the company's addressable market and helped drive stronger revenue and gross profit.

Malibu Boats: Adjusted EPS Jumps 119% As Adjusted EBITDA Rises 73% And Gross Margin Expands 190 Basis Points

By Amit Chowdhry ● Aug 31, 2026

Malibu Boats finished fiscal 2026 with a sharply stronger fourth quarter as higher unit volumes, the recently acquired Saxdor business and improved product mix drove substantial growth in sales, gross profit and adjusted earnings.

Materialise: Q2 Net Profit Jumps More Than 16-Fold As Operating Cash Flow Swings Positive

By Amit Chowdhry ● Aug 31, 2026

Materialise reported significantly stronger second-quarter 2026 profitability and cash generation as growth in its Medical and Manufacturing businesses combined with cost discipline to produce an outsized increase in net income.

Gaotu: Operating Cash Flow Jumps 46% To RMB861 Million As Revenue Rises 20% And Operating Loss Narrows 38%

By Amit Chowdhry ● Aug 31, 2026

Gaotu Techedu reported a significant improvement in second-quarter operating efficiency as revenue and gross billings increased at double-digit rates, operating losses narrowed sharply and operating cash inflow jumped more than 46%.

Titan Machinery: Agriculture Pre-Tax Loss Narrows 73% As Gross Margin Expands 150 Basis Points

By Amit Chowdhry ● Aug 31, 2026

Titan Machinery reported continued progress in its effort to repair inventory economics during the fiscal second quarter of 2027, with consolidated gross margin expanding 150 basis points and losses in its largest Agriculture segment narrowing substantially despite weaker revenue.

Aviat Networks: Backlog Rises 14% To $367 Million As Fiscal 2027 Adjusted EBITDA Guidance Implies Up To 50% Growth

By Amit Chowdhry ● Aug 31, 2026

Aviat Networks ended fiscal 2026 with a larger backlog, accelerating North American sales and a fiscal 2027 outlook that points to a potentially significant step-up in adjusted EBITDA.

Baozun Swings To Operating Profit As E-Commerce Adjusted Profit Jumps 161% And Brand Management Revenue Rises 22%

By Amit Chowdhry ● Aug 31, 2026

Baozun delivered a significant profitability inflection during the second quarter of 2026, swinging from an operating loss to operating income as its E-Commerce business generated substantially higher profit and its Brand Management operation continued expanding around Gap in Greater China.

Pye-Barker Acquires Suppression Systems As Fire Safety Platform Tops 250 Locations And 9,000 Employees

By Amit Chowdhry ● Aug 31, 2026

Pye-Barker Fire & Safety has acquired Suppression Systems, expanding its fire suppression and special hazard capabilities across Washington and Oregon.

RedHill Divests Talicia To Apotex For Up To $53 Million To Fund Commercial Expansion

By Amit Chowdhry ● Aug 31, 2026

RedHill Biopharma has divested its 70% interest in the Talicia business to a subsidiary of Apotex Health for $18 million in upfront cash, plus up to $35 million in potential worldwide net sales milestone payments.

Construction Partners Acquires Asphalt Express To Add Liquid Asphalt Supply And Future Oklahoma Terminal

By Amit Chowdhry ● Aug 31, 2026

Construction Partners has acquired Asphalt Express Enterprises, expanding the company's vertical integration with liquid asphalt supply, transportation infrastructure and a rail-served industrial site supporting operations in Oklahoma and North Texas.

CollPlant To Acquire LightSolver As Laser Processing Unit Targets 2028 Commercial Launch

By Amit Chowdhry ● Aug 31, 2026

CollPlant Biotechnologies has signed a definitive agreement to acquire LightSolver, moving the Nasdaq-listed regenerative medicine company into photonic computing and supercomputing through an equity-heavy transaction tied to technological and commercial milestones.

Sierra Ridge Moves 40 Advisors And About $2.1 Billion In AUA To Cetera

By Amit Chowdhry ● Aug 31, 2026

Sierra Ridge Advisor Group has selected Cetera as its new broker-dealer partner, moving approximately 40 affiliated advisors and roughly $2.1 billion in assets under administration from LPL after only 13 months. The California-based advisor group is led by co-founders James Slaughter and Giancarlo Foti and will join the Cetera Networks community within Cetera's Large Enterprise channel.

Farmers & Merchants Bank Sells $1 Billion Of 1.43%-Yield Bonds And Redeploys Capital At 5.13%

By Amit Chowdhry ● Aug 31, 2026

Farmers & Merchants Bank of Long Beach has completed a major balance sheet repositioning that included selling approximately $1 billion of low-yielding municipal bonds and redeploying capital toward substantially higher-yielding securities, debt reduction and new lending capacity.

Ranger Energy Services To Acquire STEP U.S. Coiled Tubing Assets For $27.5 Million

By Amit Chowdhry ● Aug 31, 2026

Ranger Energy Services has agreed to acquire STEP Energy Services' U.S. coiled tubing assets for approximately $27.5 million, a transaction expected to make Ranger the second-largest onshore coiled tubing operator in the Lower 48.

LifeVantage Maintains 78% Gross Margin And Debt-Free Balance Sheet As New CEO Targets Operational Reset

By Amit Chowdhry ● Aug 31, 2026

LifeVantage entered fiscal 2027 with a debt-free balance sheet, a gross margin near 80% and substantial remaining share-repurchase capacity as newly appointed Chief Executive Officer Terrence Moorehead begins an operational reset following a difficult fiscal 2026.

Archives

Deloitte Acquires Wavicle To Expand Databricks Data And AI Engineering Capabilities

NVIDIA Invests $3.5 Billion In MediaTek As Partnership Expands Across AI Infrastructure, PCs And Automotive

OpenAI: ChatGPT Ads Reaches $1 Billion Annualized Revenue Run Rate In Under 200 Days As Self-Service Expands Globally

Lucky Strike: Q4 Net Loss Narrows 65% As Waterpark Revenue And Profitability Surge

Canadian Solar: Energy Storage Shipments Jump 73% And Beat Guidance As Backlog Reaches $3.5 Billion

FinVolution: Overseas Operating Profit More Than Doubles As Unique Borrowers Surge 130%

Lotus Technology: Deliveries Jump 39% As Revenue Rises 23% And Gross Profit Increases 47%

Malibu Boats: Adjusted EPS Jumps 119% As Adjusted EBITDA Rises 73% And Gross Margin Expands 190 Basis Points

Materialise: Q2 Net Profit Jumps More Than 16-Fold As Operating Cash Flow Swings Positive

Gaotu: Operating Cash Flow Jumps 46% To RMB861 Million As Revenue Rises 20% And Operating Loss Narrows 38%

Titan Machinery: Agriculture Pre-Tax Loss Narrows 73% As Gross Margin Expands 150 Basis Points

Aviat Networks: Backlog Rises 14% To $367 Million As Fiscal 2027 Adjusted EBITDA Guidance Implies Up To 50% Growth

Baozun Swings To Operating Profit As E-Commerce Adjusted Profit Jumps 161% And Brand Management Revenue Rises 22%

Pye-Barker Acquires Suppression Systems As Fire Safety Platform Tops 250 Locations And 9,000 Employees

RedHill Divests Talicia To Apotex For Up To $53 Million To Fund Commercial Expansion

Construction Partners Acquires Asphalt Express To Add Liquid Asphalt Supply And Future Oklahoma Terminal

CollPlant To Acquire LightSolver As Laser Processing Unit Targets 2028 Commercial Launch

Sierra Ridge Moves 40 Advisors And About $2.1 Billion In AUA To Cetera

Farmers & Merchants Bank Sells $1 Billion Of 1.43%-Yield Bonds And Redeploys Capital At 5.13%

Ranger Energy Services To Acquire STEP U.S. Coiled Tubing Assets For $27.5 Million

LifeVantage Maintains 78% Gross Margin And Debt-Free Balance Sheet As New CEO Targets Operational Reset

Koss: Direct-To-Consumer Sales Jump 36% As Koss.com Revenue Rises 46% And Company Swings To Quarterly Profit

Immuron: Record Sales Reach A$7.7 Million As Cash Rises A$6.2 Million To A$9 Million

Levine Leichtman Capital Partners Acquires The Colt Group In Fifth Fund VII Platform Investment

C3is: Adjusted Net Income Jumps 791% As Daily TCE Rises 145% And Adjusted EBITDA Surges 321%

GameStop To Pay $358.4 Million Cash In Amended $1.4 Billion Convertible Notes Exchange

Pearl Diver Credit Swings To $8.5 Million Profit As NAV Per Share Rises 6.4% And CLO Values Recover

S-Transistors Raises €2.6 Million Pre-Seed Led By Lifeline Ventures To Build Quantum Motherboards

EQT Completes $3.2 Billion Coller Capital Combination As AUM Reaches €341 Billion

Lilly To Acquire Merida Biosciences For Up To $2.875 Billion To Expand Precision Autoimmune And Allergy Pipeline