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The announcement followed the sale of the Allbirds brand and footwear assets for $39 million, a move that ended the company’s apparel operations and freed capital for its new focus. Smartbird has also doubled its convertible financing facility to $100 million from $50 million to support the AI strategy. Independent director Lily Yan Hughes was name...

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Allbirds (BIRD) has changed its corporate name to Smartbird and appointed former Amazon Web Services executive Nadia Carlsten as chief executive officer and board member, replacing Joe Vernachio. Carlsten, who previously led DCAI and partnered with Nvidia to launch an AI supercomputer, is expected to drive the company’s pivot from a footwear brand...

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The company faces competition from Benchmark Electronics, Celestica, Flex, Hon‑Hai Precision Industry, Plexus, and Sanmina, and retains a significant customer‑concentration risk. Jabil notes increased regulatory scrutiny in key markets and is allocating resources to compliance and sustainability initiatives to reinforce long‑term competitiveness, m...

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Shares reacted strongly, surging 14 % immediately after the announcement and remaining 2 % higher later in the session. The stock was trading 12.81 % higher over the past four weeks, 8.94 % in the last week, 13.85 % over the month, and 113.27 % year‑to‑date, outpacing the S&P 500’s 261.47 % rally. Momentum Style Score A, Zacks Rank #2 (Buy). A $1,0...

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AI‑related revenue for the fiscal year is projected at $13.6 billion, a lift of $500 million from the prior outlook, following FY 2025 AI revenue of $9 billion. CEO Dastoor noted that AI demand remains “extremely strong” and is expected to grow at a similar pace into FY 2027.

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Jabil upgraded its full‑year 2026 outlook: total revenue now projected at $35 billion, up from the prior $34 billion; a non‑GAAP core operating margin of 5.8 %; core diluted EPS of $12.70; and adjusted free cash flow expected to exceed $1.4 billion. Fiscal Q4 guidance now forecasts net revenue between $9.2 billion and $10.0 billion and adjusted EPS...

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The company reorganised into three operating segments—Regulated Industries, Intelligent Infrastructure, and Connected Living & Digital Commerce—to broaden end‑market exposure. It announced a third hyperscale customer win and a partnership with Adani Enterprises on an AI infrastructure initiative, underscoring a holistic strategy that blends compute...

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Jabil’s fiscal 2026 Q3, ending May 31, posted a 12 % year‑over‑year revenue rise to $8.8 billion, topping the $8.55 billion consensus. U.S. GAAP operating income was $445 million, with core operating income of $504 million. GAAP diluted EPS climbed to $2.59, while core diluted EPS hit $3.16, beating the $3.08 consensus; adjusted EPS of $3.16 outper...

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Ocular Therapeutix’s strategic focus on expedited regulatory pathways, addition of clinically meaningful endpoints, and a concentrated, streamlined DR program underscores its effort to bring AXPAXLI to market in 2027, if approved, and to establish a strong position in both wet AMD and diabetic retinopathy.

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Ocular’s financial performance for FY 2025 shows a revenue decline of nearly 18.7 %, with a net loss of close to $265.9 million and a net margin of approximately -513.2 %. Commercial revenue is concentrated through three specialty distributors, accounting for roughly 75 % of FY 2025 revenue, creating a risk of inconsistent revenue growth. Despite t...

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