nVent buys Maverick Power for $1.75 billion
nVent (NYSE:NVT) agreed to acquire Maverick Power for $1.75 billion, subject to customary adjustments, in a transaction aimed at expanding its power distribution and infrastructure solutions business.
nVent (NYSE:NVT) agreed to acquire Maverick Power for $1.75 billion, subject to customary adjustments, in a transaction aimed at expanding its power distribution and infrastructure solutions business.
PDD Holdings (NASDAQ:PDD) reported Q2 2026 revenue of RMB112.4 billion (US$16.6 billion), up 8% year-over-year, supported mainly by higher transaction services revenue.
XPENG (NYSE:XPEV) reported a second-quarter total revenue of RMB19.74 billion (US$2.91 billion) driven by strong vehicle sales.
Gilead Sciences (NASDAQ:GILD) announced that the European Commission approved Trodelvy (sacituzumab govitecan-hziy) combined with Keytruda (pembrolizumab) for adults with PD-L1-positive metastatic triple-negative breast cancer.
Precision BioSciences (NASDAQ:DTIL) announced that the first patient has been dosed in the Phase 1/2 FUNCTION-DMD trial evaluating PBGENE-DMD for Duchenne muscular dystrophy.
Comstock (NYSE:LODE) announced the completion of its sale of legacy mining, processing, and related real estate entities to Mackay Precious Metals, a subsidiary of Mackay Gold & Silver Corp., in a transaction valued at more than $45 million.
XPENG (NYSE:XPEV) announced that its robotics business has secured more than US$900 million in funding from global investors, giving the unit a post-money valuation of more than US$6.3 billion.
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Robo.ai (NASDAQ:AIIO) reported net revenue of US$55.1 million for the six months ended June 30, 2026.
X Financial (NYSE:XYF) reported second-quarter 2026 total net revenue of RMB993.6 million (US$146.4 million), marking a 56.3 percent year-over-year decline.
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