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INSW News12 articles
Tianci International Rockets 73% Premarket on Profit Turnaround and $4.9M Capital Raise
Tianci International (CIHK) jumped 73.2% premarket after posting a quarterly profit swing and closing a $4.9 million offering, reversing a prior day's decline.
Markets
Mexico's International Air Travel Decline Deepens in May
International passenger traffic at Mexico's three listed airport groups dropped in May, with resort hubs hit hardest, as rising fuel costs and engine issues weigh on airline valuations.
Markets
Halland's Tourism Sector Sees Uptick in International Visitors Ahead of Summer Season
Halland tourism firms report a 14.2% rise in foreign guest nights, outpacing Sweden's 7.7% average, with nearly 70% expecting a good 2026 season.
Economy
Tianci International Surges on Tiny Float, Dilution Risk Looms
Tianci International shares surged over 150% on record volume, driven by a tiny float and momentum. A pending securities registration could more than triple shares, raising dilution concerns.
Markets
Alset's $2 Share Purchase Lifts HWH International as Nasdaq Compliance Looms
HWH shares soared 83.67% pre-market to $2.25 after Alset Inc. injected $500,000 at $2.00 per share, boosting its stake to 80.5%, while a proposed $10 million PIPE financing now depends on HWH securing a Nasdaq extension to fix its equity deficiency.
Markets
Southwest Airlines Eyes Long-Haul International Expansion to Boost Revenue
Southwest Airlines is expanding its network with new leisure routes and long-haul international ambitions, targeting eight to 12 destinations within five years to drive growth after record Q1 results.
Markets
Baiya International Surges 57% Premarket on Capital Raise, Crypto Plans
Baiya International shares jumped 56.6% premarket after a $4.21M share sale and crypto plan, despite a widened net loss of $9.5M.
Markets
Power Solutions International Tumbles 17% as Q1 Profit Drops 62%, Data Center Hopes Tested
PSIX shares fell 17.5% after Q1 net income dropped 62% to $7.3 million. Revenue missed estimates and the company withheld full-year guidance, testing its data center bet.
Earnings
Moderna Tops Q1 Revenue Forecast on International Covid Vaccine Sales, Hit by $900M Charge
Moderna's Q1 revenue surged to $389M on international Covid vaccine sales, but a $900M patent charge pushed net loss to $1.34B. Shares fell 2.7%.
Earnings
Baiya International's BNB Bet Fuels 82% Stock Surge
Baiya International Group (BIYA) shares surged 82% after selecting BNB as its first core digital asset in the Cryptocurrency Ark Plan, with a $1 million purchase and share buyback strategy.
Crypto
Old Republic International: Undervalued Amid Digital Transformation and Market Risks
Old Republic International (ORI) closed at $39.90, below its $42.50 fair value, as the insurer focuses on digitalization and AI to improve efficiency and margins. Risks include title insurance volatility and weaker real estate activity.
Markets
Capital International Takes 5.5% Passive Stake in Constellation Energy
Constellation Energy shares gained 4.5% Friday after Capital International Investors reported a 5.5% passive stake. Trading resumes Tuesday with focus on data-center power contracts.
Markets