Articles written by Akanksha Bakshi - Benzinga

Gorilla Technology Targets $1.3 Billion In New Contracts By Mid-2026

Gorilla Technology Targets $1.3 Billion In New Contracts By Mid-2026

Gorilla Technology Group Inc. provided a comprehensive business update, reporting $5.6B in active opportunities and aiming for $1.3B in long-term contracts. Their partnerships with NVIDIA and HPE strengthen their position in AI and infrastructure sectors. They also announced plans for expansion and secured funding.

BP Braces For Profit Hit As Oil Prices Decline

BP Braces For Profit Hit As Oil Prices Decline

BP (NYSE: BP) expects varied Q2 results due to lower oil prices, higher production, and seasonal demand shifts. Debt reduction and impairment charges also expected.

Tariff Troubles Drive Nissan, Honda To U.S. Manufacturing Talks: Report

Tariff Troubles Drive Nissan, Honda To U.S. Manufacturing Talks: Report

Nissan is negotiating with Honda to make vehicles at a U.S. factory to combat upcoming U.S. tariffs on Japanese-made autos. Both companies seek mutual benefits.

Gorilla Technology Shares Plunge After Nvidia-Fueled Rally Reverses

Gorilla Technology Shares Plunge After Nvidia-Fueled Rally Reverses

Gorilla Technology Group Inc. (NASDAQ: GRRR) shares plunged on Thursday, reversing a strong rally from the previous session that was driven by trader enthusiasm over the company's listing as an NVIDIA Corp.'s (NASDAQ: NVDA) NVIDIA Solutions Partner on its website.

Enphase Expands Smart EV Charging Footprint Across Europe

Enphase Expands Smart EV Charging Footprint Across Europe

Enphase Energy Inc. expands rollout of IQ EV Charger 2 to Greece, Romania, Ireland, and Poland, with dynamic load balancing and AI optimization.

FuelCell Energy Powers South Korea's AI Future With New Data Center Deal

FuelCell Energy Powers South Korea's AI Future With New Data Center Deal

FuelCell Energy Inc. and Inuverse signed a non-binding MOU to deploy 100MW of fuel cell power at South Korea's AI Daegu Data Center. FCEL shares up 8.75%.

Delta Air Lines CEO Confident In Stronger 2025 As Demand Holds Steady

Delta Air Lines CEO Confident In Stronger 2025 As Demand Holds Steady

Delta Air Lines (NYSE: DAL) reported strong Q2 results, with revenue of $16.65B and adjusted EPS of $2.10. Full-year 2025 guidance reinstated.

Ford Recalls Over 850,000 Vehicles Due To Stalling Engines

Ford Recalls Over 850,000 Vehicles Due To Stalling Engines

Ford Motor Company (NYSE: F) recalls 850,000 vehicles in the U.S. due to faulty fuel system component causing engine stalling. No accidents reported.

Kraft Heinz Sells Italian Infant Food Business

Kraft Heinz Sells Italian Infant Food Business

Kraft Heinz is selling its Italian infant and specialty food business to NewPrinces Group, focusing on core categories and healthier ingredients.

Exxon Mobil Sees Shares Rally, But Prepares Investors For $1.5 Billion Profit Hit

Exxon Mobil Sees Shares Rally, But Prepares Investors For $1.5 Billion Profit Hit

Exxon Mobil's stock rises 9% due to global oil prices and investor confidence, but cautionary statement warns of potential $1.5B decline in earnings.

Shoppers Can Soon Fast-Charge EVs At Malls Thanks To Mercedes-Benz, Federal Realty Deal

Shoppers Can Soon Fast-Charge EVs At Malls Thanks To Mercedes-Benz, Federal Realty Deal

Federal Realty Investment Trust partners with Mercedes-Benz High-Power Charging to install 500+ ultra-fast charging stations at 50 retail centers, enhancing customer experience and supporting EV drivers. Portfolio-wide approach to accelerate deployment.

Plug Power Extends Key Hydrogen Partnership, Powering Future Growth Through 2030

Plug Power Extends Key Hydrogen Partnership, Powering Future Growth Through 2030

Plug Power Inc. (NASDAQ: PLUG) renewed and expanded a supply agreement with a U.S.-based partner, aiming to cut costs and improve cash flow through 2030.

Vertical Aerospace's $60 Million Share Offering Sends Shares Crashing

Vertical Aerospace's $60 Million Share Offering Sends Shares Crashing

Vertical Aerospace (NYSE: EVTL) announced a $60 million public offering to fund aircraft development. Investors react to dilution concerns and financial uncertainty.

Starbucks Attracts $10 Billion In Bids For China Unit Amid Rising Competition

Starbucks Attracts $10 Billion In Bids For China Unit Amid Rising Competition

Private equity firms bid up to $10 billion for a stake in Starbucks' China business, amid competition and declining market share.

GE Aerospace Climbs 46% In 2025 As Investors Eye Tariff Strategy, Earnings

GE Aerospace Climbs 46% In 2025 As Investors Eye Tariff Strategy, Earnings

GE Aerospace Inc. (NYSE: GE) has strong stock performance, driven by aerospace demand, operational efficiency, expanding margins, and solid orders. 46% YTD increase, nearing 52-week high of $260.55.

Honeywell Eyes Strategic Changes Ahead Of 2026 Split

Honeywell Eyes Strategic Changes Ahead Of 2026 Split

Honeywell (NASDAQ: HON) is considering strategic options for its logistics-focused business units, as part of its restructuring to focus on automation. CEO Vimal Kapur says this aligns with their goal of concentrating on industrial, process, and building automation. The review process will not affect the planned spin-offs of other divisions. Jim Masso has been appointed to lead the process automation division. HON shares declined 0.24% premarket. Lockheed Martin leads in capital efficiency in the defense sector, but market response is lackluster.

TopBuild Targets $75 Billion Roofing Market With Progressive Acquisition

TopBuild Targets $75 Billion Roofing Market With Progressive Acquisition

TopBuild Corp. (NYSE: BLD) to acquire Progressive Roofing for $810 million in cash, expanding into commercial roofing and non-cyclical construction market.

BP And Shell See New Opportunities In Libya's Oil Fields

BP And Shell See New Opportunities In Libya's Oil Fields

BP Plc to reopen office in Libya by 2025, signs agreement with NOC for new exploration opportunities. Shell also involved in development initiatives.

Samsung's Xealth Acquisition Connects Patient Data To Clinical Care

Samsung's Xealth Acquisition Connects Patient Data To Clinical Care

Samsung to acquire Xealth, a digital health platform that integrates patient data from devices to improve personalized healthcare.

Dow Cuts 800 Jobs, Shuts Major European Facilities To Boost Profit

Dow Cuts 800 Jobs, Shuts Major European Facilities To Boost Profit

Dow Inc. announces strategic closures of European plants in Germany and the UK, impacting 800 jobs, to boost profitability and streamline global operations by 2029.