For the fiscal year 2025, the company estimates revenue in the range of $80 million to $83 million and adjusted EBITDA to be between $10 and $12 million.
Wall Street saw a tentative tech rebound early Wednesday, as investors begin to shrug off escalating U.S.-China trade tensions following a steep market selloff.
Mullen Automotive Inc. (NASDAQ: MULN) will enact a 1-for-100 reverse stock split on April 11, 2025, to comply with Nasdaq listing standards. The move reduces outstanding shares from 220 million to about 2.2 million while maintaining MULN's listing.
Gevo, Inc. announces multi-year agreement with Future Energy Global to supply carbon abatement credits for sustainable aviation fuel, supporting Gevo's production facility and the goal of net-zero emissions in the aviation industry.
Warner Bros. Discovery is facing mounting geopolitical headwinds as the U.S.–China trade war escalates. Among the most concerning retaliatory measures is a proposed restriction or outright ban on U.S.-made films.
JD.Com, one of China's largest e-commerce giants, is experiencing heightened volatility once again. The stock is now lower by some 15% to $33.31 over the trailing week.
