Xpand raises $6 million to launch AI-powered autonomous retail stores

TEL AVIV: Xpand, a retail technology startup developing autonomous, AI-powered stores, announced Monday it has raised $6 million in a funding round led by Ibex Investors and Emerge. The company’s…

NNR August 10, 2025

Wire

Datasite acquires Sourcescrub to expand AI-powered M&A platform

MINNEAPOLIS: Datasite, a global software-as-a-service provider specializing in artificial intelligence-powered solutions for mergers and acquisitions, announced today it has acquired Sourcescrub, a California-based provider of deal-sourcing data and workflows. The…

NNR August 9, 2025

Wire

Yango Group makes first investment in Pakistan, backs logistics fintech Trukkr

Yango Group, a UAE-based technology company, has entered the Pakistani startup ecosystem with its first investment in the country, acquiring a stake in Trukkr, a fintech platform focused on digitizing…

NNR August 9, 2025

Wire

International Bancshares Corporation posts higher Q2 earnings on strong loan growth, interest income

For the six months, net income rose to $197.0 million compared to $194.3 million last year LAREDO: International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in…

NNR August 7, 2025

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Honda’s Q1 operating profit plunges 50% amid U.S. tariffs, strong yen

TOKYO: Honda Motor Co. reported a 50% drop in first-quarter operating profit on Wednesday, missing analyst expectations as U.S. auto tariffs and a stronger yen weighed on earnings. The Japanese…

NNR August 6, 2025

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Douglas Emmett swings to Q2 loss, announces plan for major office-to-residential conversion

REIT reports higher revenue but lower funds from operations, narrows 2025 guidance Douglas Emmett Inc. (DEI.N) on Wednesday reported a net loss of $6 million for the second quarter of…

NNR August 6, 2025

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Nine Energy Service reports Q2 revenue at upper end of guidance despite market headwinds

The company posted a net loss of $10.4 million HOUSTON: Nine Energy Service, Inc. (NYSE: NINE) reported second-quarter 2025 revenue of $147.3 million, landing at the upper end of its…

NNR August 6, 2025

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AMD Misses Earnings Estimates Despite Strong AI and Gaming Growth

SAN FRANCISCO: Advanced Micro Devices Inc. reported second-quarter earnings Tuesday that narrowly missed Wall Street expectations, sending shares down about 4% in after-hours trading. The chipmaker posted adjusted earnings per…

NNR August 5, 2025

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Snap shares drop after missing revenue, advertising targets

Snap's revenue for the quarter was $1.34 billion, just below the $1.35 billion anticipated by analysts polled by LSEG SAN FRANCISCO: Snap Inc. shares dropped 15% Tuesday after the company…

NNR August 5, 2025

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Super Micro shares slide on weak Q4 results and guidance

Super Micro shares tumble 15% after missing Q4 estimates, issuing soft outlook NEW YORK: Shares of Super Micro Computer (SMCI.O) fell 15% in after-hours trading on Tuesday after the server…

NNR August 5, 2025

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Axon shares surge 14% as strong demand drives earnings beat and upgraded outlook

Axon posted adjusted earnings of $2.12 per share for the quarter, beating Wall Street’s estimate of $1.46 per share NEW YORK: Axon Enterprise Inc. saw its stock jump 14% Tuesday…

NNR August 5, 2025

Wire

Bank of the James reports Q2 earnings surge; Retires $10 million in debt

Lynchburg-based financial services firm posted net income of $2.70 million, or $0.60 per share, for the three months ended June 30 LYNCHBURG: Bank of the James Financial Group Inc. (NASDAQ:…

NNR August 4, 2025