Press Releases

Proven Technology Executive Brings Track Record of Scaling and Transforming Global BusinessesCore Scientific, Inc. (NASDAQ:CORZ) ("Core Scientific" or the "Company"), a leader in digital infrastructure for high-density colocation ("HDC"), today announced the appointment of Mark W. Adams to its Board of Directors, effective immediately. With the addition of Mr. Adams, Core Scientific’s Board will expand to seven directors.Mr. Adams brings over three decades of technology leadership experience across the AI infrastructure, semiconductors, storage, digital media, and enterprise hardware industries. Most recently, he served as President and Chief Executive Officer of Penguin Solutions, Inc. (for

Key Highlights Record second quarter revenues of $9.8 billionUsed retail GPUs increased $339, or 20%, sequentiallyAftersales gross profit increased by 3.1% and gross margin was 59.2%, a 120-basis point increase, on a same-store basisAdjusted SG&A as a percent of gross profit was 68.6%, a 290-basis point improvement sequentiallyFinancing Operations achieved record income of $37 million and record originations of $884 million, with a 17.5% penetration rateSecond quarter diluted earnings per share of $11.54, a 17% increase, and adjusted diluted earnings per share of $10.03, a 9% increaseRepurchased $242 million of shares, representing 3.7% of outstanding shares in the quarter, and 7.6% of outs

ABU DHABI, UAE, July 29, 2026 /PRNewswire/ -- Robo.ai Inc. (NASDAQ:AIIO) (the "Company" or "Robo.ai") today announced that it has entered into a joint venture agreement with Abu Dhabi-based Eleven International Holdings for the proposed establishment of Alif Holding,an intelligent industrial technology group (the "Group"). The Group will be headquartered in Abu Dhabi, with Robo.ai holding a controlling stake, and will develop intelligent software and smart equipment for government, infrastructure and industrial sectors across the UAE, the GCC region and global markets. Under the banner of "Building Intelligent Industries", the

BEIJING, July 29, 2026 /PRNewswire/ -- New Oriental Education & Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU/ 9901.SEHK), a provider of private educational services in China, today announced its unaudited financial results for the fourth fiscal quarter and fiscal year ended May 31, 2026. Financial Highlights for the Fourth Fiscal Quarter Ended May 31, 2026Total net revenues increased by 23.0% year over year to US$1,529.5 million for the fourth fiscal quarter of 2026. Operating income increased to US$85.8 million for the fourth fiscal quarter of 2026, compared to an operating loss of US$8.7 million in the prior-year period.Net income attributable to New Oriental increase

BEIJING, July 29, 2026 /PRNewswire/ -- Weibo Corporation (NASDAQ:WB), a leading social media for people to create, share and discover content, will announce its unaudited financial results for the second quarter 2026 before the U.S. market opens on Wednesday, August 19, 2026. Following the announcement, Weibo's management team will host a conference call from 7 AM – 8 AM Eastern Time on August 19, 2026 (or 7 PM – 8 PM Hong Kong Time on August 19, 2026) to present an overview of the Company's financial performance and business operations. Participants who wish to dial in to the teleconference must register through the below public participant link. Dial in and instruction will be in the confi

The expansion will be executed in phases, leveraging a disciplined, ROI-driven strategy to balance rapid scalability with prudent capital allocation United Microelectronics Corporation (NYSE:UMC, TWSE: 2303)) ("UMC"), a leading global semiconductor foundry, today announced that its Board of Directors has approved a phased expansion plan to meet growing customer demand. The company will immediately expand cleanroom capacity in Singapore and simultaneously begin construction of a new fab building shell at its flagship Tainan campus in Taiwan. This dual-track approach is designed to meet near-term customer demand while establishing the structural footprint required to capture future high-g

COLOGNE, Germany, July 29, 2026 /PRNewswire/ -- Ford is continuing to strengthen its leadership team in Europe as it accelerates the transformation of its business and sharpens its focus on delivering an exceptional experience for customers across the region. The company today announced that Maria Grazia Davino has been appointed vice president, sales, Ford of Europe, effective October 1, 2026. Davino will be responsible for leading sales across Europe and overseeing all commercial operations, including retail, dealer network and distribution. She will report directly to Jim Baumbick, President, Ford of Europe.Davino's appointm

Set for September 23rd, 2026, immersive, high-octane flagship events bring together gamers, creators, celebrities, and partnersGuests will witness next-gen breakthroughs and exciting hardware reveals, paired with interactive gaming and high-stakes competitive playA live global broadcast will connect players everywhere, delivering exclusive reveals, consumer insights, and front-row access to Logitech G PLAY 2026Logitech G is embarking on an unprecedented expansion, announcing the official return of its premier global flagship event, Logitech G PLAY 2026 on September 23rd, 2026. Logitech G PLAY 2026 will come to life across three flagship locations around the world.This press release features

RINVOQ is the first and only systemic medication approved in the European Union to treat adult and adolescent patients with non-segmental vitiligo (NSV)The approval is supported by data from the Phase 3 Viti-Up clinical program, which showed that RINVOQ achieved statistically significant total body (T-VASI 50) and facial repigmentation (F-VASI 75) from baseline at week 48, versus placebo1NORTH CHICAGO, Ill., July 29, 2026 /PRNewswire/ -- AbbVie (NYSE:ABBV) today announced that the European Commission (EC) has approved RINVOQ® (upadacitinib; 15 mg, once daily) for the treatment of adult and adolescent patients 12 years and older with non-segmental vitiligo (NSV) who are candidates for systemi

RINVOQ® is now approved in the European Union for the treatment of adult and adolescent patients with severe alopecia areata (AA)Approval was based on the pivotal Phase 3 UP-AA clinical program, which showed that RINVOQ achieved statistically significant scalp hair regrowth (Severity of Alopecia Tool (SALT) score ≤ 20) and improvements in eyebrows and eyelashes at week 241RINVOQ is the first JAK inhibitor to achieve complete scalp hair regrowth (SALT = 0) versus placebo at week 24NORTH CHICAGO, Ill., July 29, 2026 /PRNewswire/ -- AbbVie (NYSE:ABBV) today announced that the European Commission (EC) has approved RINVOQ® (upadacitinib; 15 mg and 30 mg, once daily) for the treatment of adult and

HAMILTON, Bermuda, July 29, 2026 /PRNewswire/ -- Borr Drilling Limited (NYSE:BORR) (OSE: BORR) ("Borr Drilling" or the "Company") today announced that BC Ventures Limited ("BC Ventures"), a 50/50 joint venture between the Company and its long-term well construction partner in Mexico, has completed the previously announced acquisition of five premium jack-up rigs from Fontis Finance Ltd. for a total purchase price of $287 million. Under the transaction, BC Ventures has acquired the rig-owning entities of two Friede & Goldman JU-2000E design rigs (Oberon and Titania FE) and three LeTourneau Super 116-C design rigs (Courageous, Defender, and Intrepid). These five rigs are currently located in M

Strategic shift towards upmarket: Transitioning from a transaction-oriented marketplace toward a trusted work platform for higher-value projects.Early indicators in higher-value work: Clients completing $1,000+ projects grew 13% y/y on a trailing twelve month basis.Infrastructure and matching optimization: Implemented upgrades to improve matching quality and project outcomes for higher-value work, including live deployment of Fiverr’s proprietary Knowledge Graph.Capital allocation and liquidity: Generated $13.6 million in free cash flow and ended with a cash, cash equivalent, deposits and marketable securities balance of $308.5 million.2026 Outlook: Provided revised financial guidance ranges

Regulatory News: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260728684760/en/Sergio P. Ermotti quote UBS (NYSE:UBS) (SWX:UBSN): "Almost three years ago, we presented our first set of consolidated results. From the beginning, I made it clear that the acquisition of Credit Suisse was not a gift that we received, but rather a prize that we would all have to fight to win. As expected, the journey was not a straight line. It required a lot of hard work from my colleagues and painful decisions. Now these efforts are paying off and the extraordinary patience and support of our shareholders is starting to be rewarded. Strong resu

Sangomar delivers and Scarborough advances Performance highlights Delivered quarterly operating revenue of $4,185 million, up 28% on Q1 2026 and achieved a strong average realised price of $85/boe, up 35% on the prior quarter. Delivered quarterly production volumes of 41.3 MMboe (454 Mboe/d), down 9% from Q1 2026 due to the planned maintenance at Pluto Train 1 and recovery from cyclone impacts. Achieved exceptional operational reliability of more than 99% at Sangomar and Shenzi and more than 97% at North West Shelf Project LNG and Pluto LNG. Continued impressive performance at Sangomar, producing at near nameplate capacity with average daily production of 99 Mbbl/d (100% basis

ZURICH, July 28, 2026 /PRNewswire/ -- Amcor plc (NYSE:AMCR, ASX: AMC)) will announce its fiscal 2026 fourth quarter and full year results for the three month and twelve month period ended 30 June 2026, before the US market opens on Wednesday, August 12 2026.  A conference call and webcast to discuss the results will be held at 8.00am US Eastern Daylight Time / 10.00pm Australian Eastern Standard Time on Wednesday, August 12 2026. For those wishing to participate in the call, please use the following dial-in numbers:USA:                       833 461 5787 Australia:                 1800 849 752 United Kingdom:       0808 196 8935 Hong Kong:              800 938 481Singapore:               180

The results of the Q3 2026 Insurance Labor Market Study will be shared in a complimentary webinar presentation at 1 p.m. CDT on August 13, 2026. The semi-annual study was conducted by The Jacobson Group, the leading provider of talent to the insurance industry, and Aon plc (NYSE:AON), a leading global professional services firm. The study ran from July 6 through July 26, and surveyed insurance carriers across all industry sectors on hiring and revenue plans for the next 12 months. During the webinar presentation, Jeffrey Blair, senior vice president of executive search and business development at The Jacobson Group, and Jeff Rieder, head of performance benchmarking for the Strategy and Te

MITCHEL FIELD, N.Y., July 28, 2026 (GLOBE NEWSWIRE) -- Today, Frequency Electronics, Inc. (NASDAQ:FEIM) ("FEI" or the "Company") announced the pricing of its previously announced underwritten public offering of 1,739,131 shares of its common stock at a public offering price of $57.50 per share for total gross proceeds of approximately $100 million. FEI is offering 1,086,957 shares, and Edenbrook Value Fund, LP and Edenbrook Long Only Value Fund, LP, affiliates of Jonathan Brolin, a member of our board of directors, are offering a total of 652,174 shares as selling stockholders. The offering is expected to close on July 30, 2026, subject to customary closing conditions. In addition, FEI has

Revenue achieved $39.9 million, up 49.4% from $26.7 million.R&D investments totaled $14.4 million, up from $5.8 million in the same period last year.GAAP Net Loss was $50.7 million, while Non-GAAP net income stood at $1.1 million. BEIJING, July 28, 2026 (GLOBE NEWSWIRE) -- Global Mofy AI Limited (the "Company" or "Global Mofy") (NASDAQ:GMM), a generative AI-driven technology solutions provider focused on virtual production services and AIGC 3D digital asset supply for global content and large model enterprises, today reported its financial results for the six months ended March 31, 2026, showing robust 49.4% revenue growth, driven by soaring virtual technology service demand. "The re

SALT LAKE CITY, July 28, 2026 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (NASDAQ:RCAT) ("Red Cat" or the "Company"), a U.S.-based provider of advanced all-domain drone and robotic solutions for defense and national security, today issued the following statement regarding reports of a potential transaction involving Steyr Motors AG. As part of its ongoing growth strategy, Red Cat regularly evaluates a range of potential strategic opportunities, including acquisitions, partnerships, and investments that could expand the Company’s capabilities, strengthen its supply chain, and support customers across defense, government, and commercial markets. Red Cat evaluated and submitted a preliminary

CALGARY, Alberta, July 28, 2026 (GLOBE NEWSWIRE) -- This news release contains "forward-looking information and statements" within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the "Cautionary Statement Regarding Forward-Looking Information and Statements" later in this news release. This news release contains references to certain Financial Measures and Ratios, including Adjusted EBITDA (earnings before income taxes, (gain) loss on investments and other assets, finance charges, foreign exchange, gain on asset disposals and depreciation and amortization), Net Capital Spending,