CLPS revenue rises 4.7% despite widening losses
CLPS (NASDAQ:CLPS) reported fiscal 2026 revenue of $172.2 million, up 4.7%, despite a widening second-half net loss of $13.2 million.
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CLPS (NASDAQ:CLPS) reported fiscal 2026 revenue of $172.2 million, up 4.7%, despite a widening second-half net loss of $13.2 million.
Priya Misra, Core Plus Bond ETF portfolio manager at JPMorgan Asset Management, says moves in the bond market are "overdone," pricing in three interest-rate hikes by the Federal Reserve. Misra also says fixed income is a "really attractive asset class" to hedge the AI trade.
Biomerica (NASDAQ:BMRA) reported a fiscal first-quarter 2027 net loss of $1.232 million, or $0.37 per share, as revenue declined 8% to $1.265 million.
NeOnc Technologies Holdings (NASDAQ:NTHI) reported early clinical improvements in one three-year-old brain tumor patient receiving investigational intranasal NEO100 through its Compassionate Care program in Abu Dhabi.
UBS Chief Economist Arend Kapteyn discusses the Fed's rate outlook following hotter inflation data, the impact of AI investment and borrowing on bond yields, and why he believes AI fundamentals remain strong despite the recent market selloff. Kapteyn also weighs in on Europe's economic challenges, competition with China and France's fiscal outlook. He spoke on Bloomberg Brief.
Private Bancorp of America (NASDAQ:PBAM) reported unaudited third-quarter 2026 net income of $11.4 million, with diluted earnings of $1.97 per share, reflecting year-over-year growth despite a sequential decline.
Aduro Clean Technologies (NASDAQ:ADUR) reported C$1.202 million in quarterly income for the period ended August 31, 2026, compared with a C$6.325 million loss a year earlier.
As the EU weighs new measures to block Chinese imports, Shahin Vallée of the German Council on Foreign Relations and formerly of the French Ministry of the Economy and Finance, joins Bloomberg's Anna Edwards, Guy Johnson, and Tom Mackenzie on "The Opening Trade." "I think more than a measure to rebalance trade with China, it is a measure to try to rebalance the negotiations that are taking place."
NN (NASDAQ:NNBR) launched its fourth product line of 2026, establishing a Cable Assembly and Wire Harness business with production centered in Ciudad Juárez, Mexico.
Zenta Group (NASDAQ:ZTG) said its ZentoAI subsidiary signed a memorandum of understanding to acquire control of a profitable mainland Chinese AI and digital technology provider.
Organon (NYSE:OGN) announced interim six-year Phase 3 results for its licensed hormone-free MIUDELLA contraceptive device, reporting a cumulative Pearl Index of 0.93.
Regeneron Pharmaceuticals (NASDAQ:REGN) announced a positive European regulatory recommendation allowing Libtayo dosing every six weeks across six approved cancer indications, subject to final authorization.
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