Apple's strategic acquisition of an Israeli AI startup and a deeper partnership with Google aim to supercharge Siri, while new Indian tax policies fuel its manufacturing diversification away from China, signaling a pivotal shift in the tech giant's long-term strategy.
Shares of thermal management specialist Modine Manufacturing have more than doubled over the past year, fueled by data center cooling demand. As the stock trades near record highs, investors are weighing whether its premium valuation is justified by future growth prospects.
All eyes are on Flex (NASDAQ: FLEX) as it prepares to release its fourth-quarter earnings before the market opens on Wednesday. The contract manufacturing leader has consistently outperformed Wall Street's revenue expectations, but can it do so again in a challenging macro environment?
Fabrinet's fiscal Q2 2026 results smashed expectations, fueled by explosive growth in data center interconnect modules and a breakout performance in high-performance computing. The manufacturing services provider raises guidance, signaling strong momentum across its key markets.
The pioneering car-sharing firm Zipcar, founded in Cambridge in 1999, is closing its Boston corporate office and laying off dozens of local staff as parent company Avis Budget Group consolidates operations to New Jersey.
NAPCO Security Technologies (NSSC) reported strong fiscal second-quarter results, with record revenue and expanding profitability. The company highlighted the sustained momentum of its high-margin recurring service model and announced a dividend increase.
The U.S. manufacturing sector snapped a year-long contraction in January, with two key surveys pointing to a sharp rebound in production and new orders. However, the recovery comes alongside heightened input costs and lingering concerns over tariffs and inventory build-up.
In a landmark deal, AstraZeneca has licensed a suite of next-generation weight-loss drugs from China's CSPC, aiming to challenge the dominance of Lilly and Novo Nordisk with longer-acting monthly injectables.
Snap Inc. delivered a stronger-than-expected fourth quarter, driven by rapid growth in its Snapchat+ subscription service and a strategic shift toward more profitable advertising. The company's improved margins and disciplined spending have analysts eyeing a path toward its ambitious 2026 financial targets.
A 26-year-old Illinois man has admitted to orchestrating a phishing campaign that compromised the Snapchat accounts of nearly 600 women, leading to the theft of private photos. The case is linked to a former university coach already serving prison time.
Avis Budget Group consolidates its Zipcar subsidiary's corporate operations, closing the Boston headquarters and eliminating over 100 roles. The restructuring aims to streamline the car-sharing unit's costs while maintaining local market teams, as the parent company navigates cyclical pressures and a focus on operational efficiency.
Napco Security Technologies (NSSC) shares surged following its latest earnings report, which highlighted a significant dividend increase, a completed share buyback, and a strategic pivot towards recurring service revenue. While the bullish narrative gains strength, questions about valuation and insider activity linger.
In a significant economic development win, international engineering firm Mecad USA has chosen the Tulsa Port of Catoosa for its U.S. headquarters and a new advanced manufacturing facility, citing Oklahoma's infrastructure and energy policy reforms as key factors.
RPC Inc. reported a broad sequential revenue decline in Q4 2025, citing a late-year slowdown. While pressure pumping and some regional markets weakened, executives highlighted growth in specific service lines and strategic technology deployments as key pillars for navigating a challenging energy services landscape.
Amprius Technologies' stock surged following the announcement of its first domestic manufacturing partnership with Nanotech Energy, a strategic move to establish a U.S.-based supply chain for its advanced silicon-anode batteries, crucial for defense and aerospace sectors under new sourcing rules.
Avis Budget Group is closing Zipcar's Boston headquarters, laying off 128 employees and moving core operations to its New Jersey base, marking a significant shift for the pioneering car-sharing brand it acquired in 2013.
The FDA launches a new program to fast-track reviews for strategically important drug manufacturing facilities. In separate developments, AstraZeneca faces a setback for a lupus drug formulation, while Acadia Pharmaceuticals receives a negative signal from European regulators for its Rett syndrome therapy.
DA Davidson raises its price target on Modine Manufacturing (MOD) to $255, citing the company's strategic shift to focus on data center thermal management and the planned spin-off of its Performance Technologies segment.
Harvard Bioscience announces the closure of its Holliston, MA manufacturing facility, shifting operations to Minneapolis and Europe by 2027. The move, part of a strategic consolidation, is projected to yield $4 million in annual savings but raises concerns over local job losses and the state's business climate.
AstraZeneca has entered a strategic collaboration with China's CSPC Pharmaceutical Group to co-develop and commercialize a portfolio of next-generation therapies for obesity and type 2 diabetes, significantly expanding its weight management pipeline.
