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latest news in companies

HMS Networks Finalizes Acquisition of Molex Unit to Boost Industrial Connectivity

Halmstad, Friday, 2 January 2026.
HMS Networks officially integrated Molex’s industrial communications unit today, a strategic move designed to aggressively expand its share of the global industrial automation market.

BYD Claims Top Global EV Spot as Tesla Deliveries Slide 9%

Austin, Friday, 2 January 2026.
Tesla has officially ceded its global electric vehicle crown to China’s BYD. Amid vanishing U.S. subsidies, Tesla deliveries fell 9% to 1.64 million in 2025, significantly trailing BYD’s record-breaking 2.26 million units.

Intuit Co-Founder Liquidates $100 Million Stake as Stock Price Wavers

Mountain View, Friday, 2 January 2026.
Scott Cook sold over $100 million in Intuit shares across two days in late December 2025. While the sale followed a pre-arranged plan, this significant liquidation coincides with the stock testing critical technical support levels, drawing close investor scrutiny regarding near-term valuation.

NextNRG Momentum Accelerates with Triple-Digit Revenue Gains in December

Miami, Friday, 2 January 2026.
Driven by a 308% spike in fuel volumes, preliminary figures show a 253% revenue increase, validating the rapid scalability of NextNRG’s AI-integrated energy infrastructure.

Dana Finalizes $2.7 Billion Off-Highway Asset Sale to Allison Transmission

Maumee, Friday, 2 January 2026.
This $2.7 billion transaction values the segment at 7.5 times earnings, enabling Dana to slash debt by $2 billion while pivoting focus to core automotive technologies.

Financial Firms Increase Investment Exposure to Palantir Technologies

Denver, Friday, 2 January 2026.
Sax Wealth Advisors increased its holdings by over 113%, joining Fischer Financial’s new $1.91 million entry to signal robust institutional confidence in the data analytics firm.

Scilex Retains Kasowitz LLP to Fortify Intellectual Property Defenses

Palo Alto, Friday, 2 January 2026.
Scilex Holding Company has appointed Kasowitz LLP to lead its IP strategy as of January 2, 2026. This signals a robust pivot toward aggressively defending its non-opioid pain assets, including ZTlido® and ELYXYB®, to safeguard long-term shareholder value.

Currenc Group Realigns Strategy with $400 Million Sale of Tranglo

Singapore, Friday, 2 January 2026.
Currenc Group executes a major strategic pivot, selling its controlling interest in Ripple-partnered payment hub Tranglo for $400 million to New Margin Holding, significantly reshaping the Nasdaq-listed fintech’s portfolio for future growth.

Lantheus Finalizes Divestiture of Imaging Unit to Sharpen Strategic Focus

Bedford, Friday, 2 January 2026.
Lantheus pivots toward high-growth PET diagnostics by closing the sale of its SPECT unit today, handing SHINE Technologies North America’s largest facility for manufacturing medical isotopes.

GigaCloud Bolsters Supply Chain with $18 Million Acquisition of New Classic Home Furnishings

El Monte, Friday, 2 January 2026.
GigaCloud executes an $18 million all-cash strategy to dominate large-parcel commerce. By acquiring New Classic Home Furnishings, the company secures critical supply chain assets to fuel marketplace growth.