Results for: Business

US stock futures edged lower Tuesday morning, with the Dow futures down slightly. Rubrik, Inc. shares tumbled in pre-market trading following their second-quarter earnings report. While the company beat analyst expectations on both earnings and revenue, the stock still faced pressure, dropping over 8%. Several other stocks also experienced losses in pre-market trading, including Ionis Pharmaceuticals, Applied Digital Corporation, VNET Group, Hewlett Packard Enterprise, Extreme Networks, PureTech Health, and Dropbox.

Carton Service CSI, a leading packaging supplier, is expanding its liquid packaging production facility in Ohio with a $10 million investment. The expansion includes new printing equipment, a packaging laboratory, and new patents for innovative liquid-filled cartons, making them one of the few North American companies with this expertise.

Equinor ASA, a Norwegian energy giant, announced a new gas and condensate discovery in the Norwegian Sea, but its shares dipped premarket. The company’s ambitious exploration plans and investment in oil and gas projects in Norway, coupled with its recent withdrawal from Vietnam’s offshore wind sector, are making headlines.

NIO’s charging network continues to grow, with Chinese automotive giant Chery becoming the latest company to join. This collaboration underscores NIO’s commitment to building a comprehensive charging infrastructure and strengthens its position in the Chinese EV market.

The global recruitment software market is poised for substantial growth, driven by the increasing adoption of cloud-based solutions and the growing emphasis on streamlining hiring processes. This market is expected to reach USD 5.58 billion by 2031, exhibiting a compound annual growth rate (CAGR) of 9.2% during the forecast period.

Infinium, a leading eFuels company, has secured a $1.1 billion investment from Brookfield Asset Management to expand its sustainable aviation fuel (eSAF) production. This strategic partnership will accelerate the development of Infinium’s Project Roadrunner in West Texas and other global eFuels projects, marking Brookfield’s first direct investment in sustainable aviation fuel. The investment will support the growing demand for eSAF in the aviation industry and contribute to the decarbonization of transportation.

The global Real Estate Software Market is poised for significant growth, with projections indicating a surge from $12.44 billion in 2024 to $28.63 billion by 2031, reflecting a robust Compound Annual Growth Rate (CAGR) of 12.6%. This expansion is driven by factors such as the increasing adoption of cloud-based solutions, the demand for automation in real estate operations, and the integration of advanced technologies like AI and blockchain.

Forex trading is gaining traction in South Asia, particularly in India, as traders seek to diversify their portfolios and access global markets. The article explores popular trading strategies used in the region, highlighting the rise of day trading and momentum trading, while also emphasizing the importance of platforms like Octa that provide access to these opportunities.

Tesla’s vehicle insurance registrations in China soared for the week ending September 8th, signaling a potential record quarter for the electric vehicle giant. This surge comes amidst the company’s extended zero-interest financing program and follows a period of slowing demand and increased competition.

Power Metals Corp. is pleased to provide an update on its ongoing Phase II 2024 drill program at its 100% owned Case Lake property in Ontario, Canada. The program is progressing well with the successful completion of eleven diamond drill holes at both the West Joe and Case Lake zones, exceeding the initial target depth. The company is confident in its ability to complete the program ahead of schedule, with assay results anticipated in late October. Furthermore, Power Metals has initiated metallurgical test work to evaluate the cesium mineralization at West Joe, demonstrating their commitment to advancing the project towards commercialization.