latest news in companies
OpenAI's Spending Surge Puts Capital Expenditures in Spotlight for Tech Giants
New York, Monday, 27 October 2025.
OpenAI’s expansive investments have prompted Wall Street to examine tech companies’ capital expenditures, highlighting a shift toward AI infrastructure. Analysts predict significant growth in spending trends.
LOBO Technologies Forecasts 40% Revenue Growth for 2025 Amid Global Expansion
WUXI, Monday, 27 October 2025.
LOBO Technologies projects a 40% revenue increase for 2025, aligning with its expansion into Africa and Latin America. This growth comes as the company returns to profitability, driven by strategic initiatives in the electric mobility sector.
Battery X Metals' Electric Truck Range Increases Fivefold
North America, Saturday, 25 October 2025.
Battery X Rebalancing Technologies Inc. successfully extended the electric truck’s range by over 200 kilometers through targeted cell replacement, sustaining this improvement over 2,000 kilometers and four months.
Patterson-UTI Energy's Q3 Loss Narrower Than Expected, Revenue Surpasses Forecasts
Houston, Saturday, 25 October 2025.
Patterson-UTI Energy reported a Q3 2025 adjusted net loss of 6 cents per share, beating estimates. Revenue reached $1.18 billion, exceeding forecasts and highlighting strong operational performance.
