latest news in companies
Global Demand for Artificial Intelligence Chips Drives Massive Revenue Growth for Leading Manufacturer
Hsinchu, Thursday, 12 November 2026.
Surging demand for artificial intelligence hardware propelled monthly revenue up nearly 60% year-over-year, demonstrating that major technology companies are aggressively expanding their high-performance computing infrastructure.
Nvidia Leadership Shakeup Deepens Market Turmoil as Founder Steps Down
Santa Clara, Thursday, 12 November 2026.
Jensen Huang resigned following revelations of an affair with an alleged Chinese intelligence operative, sending Nvidia shares tumbling and intensifying national security scrutiny across global tech markets.
Ondas Accelerates Profitability Timeline as Order Backlog Hits Record Heights
Waltham, Thursday, 12 November 2026.
Surpassing forecasts, Ondas generated record quarterly revenue that jumped over sixteen-fold year-over-year. Driven by an $835 million backlog, the defense supplier moved its company-wide profitability target forward to late 2027.
Quantum Software Startup Reaches Billion-Dollar Valuation After Major Investment Round
San Francisco, Thursday, 12 November 2026.
Australia’s Q-CTRL attained unicorn status on Thursday, raising $290 million to expand its quantum navigation system, which outperforms existing GPS alternatives by a factor of 100.
BK Technologies Doubles Buyback Plan Following Strong Third-Quarter Cash Growth
Melbourne, Thursday, 12 November 2026.
Carrying zero debt, BK Technologies expanded its share repurchase program to $10 million after surging federal demand lifted third-quarter revenue to $25.3 million and fueled record cash reserves.
Moderna Pivots to Cancer Treatments After Landmark Melanoma Trial Results
Cambridge, Thursday, 12 November 2026.
Moderna is expanding production after Phase 3 data showed its experimental personalized cancer therapy cut the risk of melanoma recurrence or death by 42% when combined with existing immunotherapy.
Boston Nurses Reach Last-Minute Agreement to Avert Record Healthcare Walkout
Boston, Thursday, 12 November 2026.
A late-night tentative contract with 4,000 Brigham and Women’s nurses prevented the largest open-ended strike in Massachusetts history, establishing wage hikes and new limits on temporary hospital staffing.
EON Resources Generates First Commercial Oil Sales from New Mexico Wells
Houston, Thursday, 12 November 2026.
EON Resources has completed its first commercial oil sale from the San Andres formation, successfully converting its Permian Basin horizontal drilling program into active revenue amid pressing debt obligations.