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Custom Truck One Source Inc
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CTOS News30 articles
Vantora Secures $100M to Fund Customer-Owned AI Ventures
Vantora, the venture builder formerly known as UP.Labs, raised over $100M from Silversmith Capital Partners to scale its model of customer-owned AI ventures.
CenterPoint Data Breach Exposes Customer Data; Full Impact Pending
CenterPoint Energy disclosed a data breach involving customer personal information. The full scope and financial impact are still under investigation.
Celestica's Growth Strategy Faces Customer Concentration Test
Celestica's CFO becomes growth president as AI infrastructure revenue surges, but top-3 customers drive 63% of Q2 sales. Can the new structure diversify?
Broadcom's AI Bet: $126.8B Purchase Pledges Signal Deep Customer Ties
Broadcom's latest filing shows $126.8B in purchase commitments, 1.8x nine-month revenue, plus a $29B lease backstop, underscoring AI-fueled expansion and concentration risks.
ANZ Begins Suncorp Customer Migration, Synergy Targets Under Scrutiny
ANZ has begun notifying Suncorp Bank customers about their migration to ANZ, with transfers set for 2027. The bank targets AUD 500 million in annual synergies by fiscal 2029.
DraftKings Stock Climbs 4.6% as Promo Push Sparks Customer Growth Concerns
DraftKings shares gained 4.55% to $26.17 on Friday, outperforming the Nasdaq, as a $150 bonus bet promotion drove customer acquisition. However, Q2 metrics show revenue per payer fell 13% while marketing expenses rose 38%.
Broadcom Tumbles $87B as Google Expands Custom Chip Deal with Marvell
Broadcom lost $87 billion in market value after Google expanded its custom chip partnership with Marvell, while Marvell surged nearly 10%.
Hawaiian Electric Cuts Storm Outages in Half, Yet 89K Customers Still Dark
Hawaiian Electric reduced Tropical Storm Lala outages by 50.3%, but 88,670 customers remain without power. Restoration costs undisclosed as company faces earnings pressure.
Hawaiian Electric Faces Investor Scrutiny After Storm Leaves 130K Oʻahu Customers in Dark
Hawaiian Electric (HE) faces investor scrutiny as 130,000 Oʻahu customers remain without power after Tropical Storm Lala, with restoration costs likely to pressure the utility's finances.
NiSource Storm Outages Hit 59% of NIPSCO Customers, Shares Slide
Severe Midwest storms left 273,900 NIPSCO customers without power, about 59% of its base. NiSource shares fell 15% from record high as restoration costs loom.
FIGS Stock Soars 27% on Raised Guidance and Record Customer Growth
FIGS (FIGS) surged 27% after raising its 2026 revenue growth forecast to ~20%, driven by a 13.2% jump in active customers and higher per-customer spend.
Coupang Stock Slips 4.4% as Customer Rebound Outpaces Margin Recovery
Coupang (CPNG) dropped 4.4% as customer growth outpaced margin recovery. Q2 revenue missed estimates, and a $410M fine weighed on results.
Nvidia Shares Slip as Focus Shifts to Customer Profitability
Nvidia shares fell 0.74% in premarket as investors shift focus to customer profitability despite a $700M US plant and $60B in server orders.
Nu Holdings Rises on Mexico Deposit Growth, Outpacing Customer Gains
Nu Holdings shares rose 3.5% as Mexico deposits outpace customer share, indicating deeper engagement. The company also received a banking license in Mexico.
Nu Holdings Taps Chanes to Lead LatAm as Mexico Deposits Outpace Customer Share
Nu Holdings (NYSE:NU) puts Livia Chanes in charge of Latin American operations as Mexico's deposit share (14%) exceeds its customer share (11%), signaling a shift from growth to monetization.
Nvidia's China H200 Shipments Begin Amid Rising Customer Concentration
Nvidia has started limited H200 shipments to China while cutting over half of its approved Asian buyers. Three direct customers generated 54% of Q1 revenue, highlighting concentration risk.
Palantir Gains on First Latin American Commercial Customer GNP Seguros
Palantir (PLTR) edged up 2.1% on Tuesday after announcing GNP Seguros as its first commercial customer in Latin America, signaling international growth.
Credo Technology Surges on AI Cable Demand, but Customer Concentration Looms
Credo Technology shares jumped 9.8% to $265.55, topping the SOX rally, driven by strong AI cable demand. Yet, with the stock near analyst targets, risks from customer concentration loom.
AMD Stock Tumbles 5.8% Amid AI Spending Concerns and Customer Warrants
AMD shares dropped 5.8% on Tuesday amid a broad semiconductor selloff, as investors weigh the impact of debt-funded AI spending and warrants held by OpenAI and Meta that could dilute earnings.
Jersey Mike’s Topples Chick-fil-A in Customer Satisfaction Rankings
Jersey Mike’s scored 84 in the 2026 American Customer Satisfaction Index, edging Chick-fil-A’s 83 to end its 11-year reign as top QSR, as value and digital pickup gain importance.
Bank of America Digital Outage Disrupts Customer Access, Poses Reputational Risk
A Bank of America digital banking outage on Saturday left over 5,000 customers unable to log in, highlighting the risks of heavy digital reliance for the bank's 59 million users.
Jersey Mike's Dethrones Chick-fil-A in Customer Satisfaction Rankings
Jersey Mike's Subs scored 84 in the 2026 ACSI restaurant study, edging out Chick-fil-A's 83 and ending its 11-year streak as the top-ranked U.S. quick-service chain.
PepsiCo Debuts Custom Drink Platform, Backs Sustainable Farming Finance
PepsiCo rolls out its 'House of Treats' personalized drink platform in select European markets and launches a pilot program for strip-till equipment leasing, targeting growth in away-from-home channels and sustainable farming.
Verizon's No-Trade-In Phone Bundles Face Customer Service Challenges
Verizon's new no-trade-in phone bundles aim to drive postpaid growth, but customer reports of two-hour store waits and lower J.D. Power satisfaction ratings highlight service hurdles.
Marvell Rises on $10B Custom Chip Forecast, AI Demand Drives Growth
Marvell Technology shares rose 2.4% to $203.50 after forecasting $10B+ in custom-chip revenue by fiscal 2029, with Q1 revenue up 28% to $2.418B. AI bookings surged and data center sales made up 76% of total revenue.
Buc-ee's Fuel Policy Shift Draws Customer Ire as Gift Card and Parking Rules Tighten
Buc-ee's is facing customer backlash over new rules requiring fuel purchases at the pump, tighter parking restrictions, and limits on long stays at its travel centers.
Nvidia Shares Slide as Big Tech Rivals Push Custom AI Chips
Nvidia shares dropped 4.6% as Alphabet and Amazon pushed their own AI chips, while AMD and Broadcom rose. Market questions who benefits from rising AI spending.
Wren Kitchens' US Arm Files Chapter 7, Leaving Customers and Staff in Limbo
Wren Kitchens' US parent filed Chapter 7 bankruptcy, abruptly closing all US showrooms and leaving customers with unfinished orders and employees without notice.
Broadcom's Custom AI Chip Surge Powers $2 Trillion Valuation
Broadcom reaches $2 trillion market cap on custom AI chip demand and Google TPU supply deal. Q1 revenue jumps 29%, AI semiconductor sales double to $8.4B.
Google in Talks with Marvell for Custom AI Chips, Boosting Custom Silicon Race
Alphabet's Google is in discussions with Marvell Technology to design two new AI chips, according to a report. The move would deepen Marvell's role in the custom chip market for cloud giants.