Diginex stock falls after CEO change amid strategic shift

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Investing.com -- Diginex Limited (NASDAQ:DGNX) stock tumbled 15.1% on Wednesday after the sustainability software provider...

Investing.com -- Diginex Limited (NASDAQ:DGNX) stock tumbled 15.1% on Wednesday after the sustainability software provider announced a leadership change, with Lubomila Jordanova replacing Mark Blick as CEO, effective immediately.

The significant stock decline comes as Jordanova, founder and former CEO of recently acquired Plan A.earth GmbH, takes the helm to lead Diginex’s European expansion and integration strategy. Blick, who led the company through its Nasdaq listing in January 2025 and oversaw 293% revenue growth, will transition to a Strategic Advisor role.

Diginex Chairman Miles Pelham described the change as "an exciting new chapter" that aligns with the company’s ambition to become a top global sustainability technology firm. The leadership transition follows Diginex’s acquisition of Plan A, which strengthens its capabilities in carbon accounting and decarbonization strategies.

Jordanova brings extensive experience in sustainability technology and climate strategy, having built Plan A into a leading carbon accounting platform with clients including BMW and Chloé. Her appointment supports Diginex’s strategy to evolve from data tracking to becoming what the company calls a "Sustainability RegTech powerhouse."

The sustainability software provider currently offers ESG reporting across 19 global frameworks, supply chain transparency solutions, and AI-driven analytics. With Jordanova at the helm, Diginex aims to enhance its integrated platform connecting regulatory compliance with emissions tracking and decarbonization pathways.

Despite the company’s strategic positioning in a market projected to reach $80-100 billion by 2030, investors responded negatively to the unexpected leadership change, driving the stock to its largest single-day decline in recent months.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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Google is backing a Tesla founder's push to power AI data centers

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By William Gavin

J.B. Straubel's Redwood Materials has secured some high-profile backers as AI makes energy storage more critical

Redwood Materials founder J.B. Straubel was Tesla's fifth employee and its first chief technology officer.

Redwood Materials, a battery-recycling company launched by Tesla co-founder J.B. Straubel, has secured a new high-profile investor as it seeks to meet the growing demand for energy.

The Carson City, Nevada-based company on Wednesday said it has completed its Series E fundsing round, which is now valued at $425 million after participation from Alphabet-owned Google (GOOGL) and other backers.

That round initially drew $350 million from investors such as venture-capital firm Eclipse and Nvidia's (NVDA) venture-capital arm, as Redwood previously disclosed.

The company has said it will use some of the cash injection to expand its energy-storage business, which launched last June under the name Redwood Energy. That part of the company seeks to meet the escalating demand for energy driven largely by artificial-intelligence data centers.

Read: Trump's crusade against Big Tech's energy spending highlights a problem with no easy answers

In December, BloombergNEF estimated that the need for electricity from U.S. data centers will grow to 106 gigawatts by 2035. That's more than three times as much electricity as was needed in 2024 and will likely put immense strain on the U.S. power grid.

Redwood said it recovers about 90% of all lithium-ion batteries and battery materials recycled in North America. Its core business involves taking out key minerals, such as cobalt and nickel, and selling those components back to partners.

The energy business changes that. Now Redwood doesn't plan to take all electric-vehicle battery packs apart immediately. Instead, it will repurpose some of them to help power microgrids for customers like AI-infrastructure firm Crusoe.

"As electricity demand surges - driven by AI, data centers, manufacturing and electrification - energy storage is no longer optional; it is essential infrastructure," Redwood said in a statement on Wednesday.

Big Tech firms like Google have been pouring cash into data centers but are now grappling with the issue of how to power them. That has led some of those companies to invest in alternative energy sources, such as nuclear energy, and even to consider putting data centers in space that can draw power from the sun.

Tesla (TSLA) and SpaceX CEO Elon Musk said last week that his companies are separately working to "build to 100 gigawatts a year of solar power" in the U.S., which he said would take "about three years." Tesla had earlier said that its energy generation and storage business is benefiting from the growing demand to use its products for data centers.

Read: When Tesla reports earnings, this could be the biggest highlight

-William Gavin

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

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Apple's AI Roadmap Remains Top of Mind for Investors — Market Talk

Dow Jones Newswires

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Apple's artificial intelligence plans will be a key point of focus during the company's quarterly earnings call, Wedbush Securities analysts say. The company is looking to revamp Siri to drive its AI strategy, picking Google's Gemini model to back the new version, the analysts say. The company also recently hired a key AI researcher and also expanded the role of its SVP of Hardware Engineering to encompass design work, they say. Now, "it's time for Apple to lay down the blueprint to accelerate its AI strategy in 2026," the analysts say, noting they think the management team can continue to reposition Apple to gain ground in the AI space. (kelly.cloonan@wsj.com)

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Lianhe Sowell stock falls after receiving Nasdaq compliance notice

Investing.com

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Investing.com -- Lianhe Sowell International Group Ltd (NASDAQ:LHSW) stock dropped 6.2% on Wednesday after the company disclosed it received a notice from Nasdaq regarding non-compliance with the minimum bid price requirement.

The industrial vision and robotics solutions provider announced it had been notified on January 22, 2026, that it failed to maintain the minimum bid price of $1 per share required by Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market.

Despite the notification, Lianhe Sowell’s securities will continue to trade on Nasdaq under the symbol "LHSW" while the company works to address the issue. The firm has been granted a 180-day compliance period, until July 21, 2026, to regain compliance with the bid price rule.

To meet the requirement, the company’s closing bid price must reach at least $1.00 for a minimum of ten consecutive business days during the compliance period. If Lianhe Sowell fails to regain compliance by the deadline, it may qualify for an additional 180-day grace period if it meets other Nasdaq Capital Market listing standards.

The company stated it will monitor its closing bid price and consider options to regain compliance with the bid price rule, which could potentially include a reverse stock split if necessary.

Lianhe Sowell specializes in industrial vision and robotics solutions, focusing on smart transportation, industrial automation, artificial intelligence, and machine vision technologies.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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Youlife stock surges after robotics partnership with VCI Global

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Investing.com -- Youlife Group Inc. (NASDAQ:YOUL) stock surged 5.2% after announcing a non-binding letter of intent for a strategic collaboration with VCI Global Limited (NASDAQ:VCIG) to develop a robotics-enabled workforce-as-a-service platform. Meanwhile, VCI Global shares fell 2.2% following the news.

The proposed partnership aims to integrate robotics, artificial intelligence, and human workforce management to deliver productivity capacity to enterprises and industrial clients across ASEAN and selected international markets. Under the collaboration, VCIG would provide robotics system architecture, AI software, and financing structures, while Youlife would lead workforce deployment, on-site operations, and training.

The platform will feature AI-powered computer vision, autonomous robots, and real-time workforce orchestration algorithms. Unlike traditional models, clients would contract for guaranteed production capacity rather than purchasing robots or hiring large workforces, converting automation into an operating expense.

"This platform is designed for scale. We are not automating tasks—we are rebuilding the operating system of blue-collar work using AI and robotics," said Yunlei Wang, CEO and Chairman of Youlife.

Initial deployments will target sectors with strong automation demand, including food processing, warehousing, light manufacturing, and electronics assembly. Each deployment would be structured under multi-year service contracts.

Youlife describes itself as a leading blue-collar lifetime service provider in China. Following pilot deployments, the company plans to expand the platform across ASEAN regions and engage with government-led automation initiatives.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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Valens stock falls after workforce reduction announcement

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Investing.com -- Valens Semiconductor (NYSE:VLN) stock dropped 3.9% on Wednesday after the high-performance connectivity solutions provider announced a workforce reduction plan aimed at improving operational efficiency.

The company plans to cut approximately 10% of its staff across various departments, a move expected to save around $5 million annually in operating expenses. The reduction is scheduled to be completed during the second quarter of 2026.

CEO Yoram Salinger explained that despite reporting revenue growth momentum in the latest earnings call, the company is implementing this efficiency plan to "optimize our cost structure, and to concentrate resources on our core business segments, where we have demonstrated meaningful achievements and see significant growth opportunities."

The Israel-based semiconductor firm, which specializes in high-speed connectivity solutions, indicated it would provide support to affected employees. The market’s negative reaction suggests investors may be concerned about the underlying reasons necessitating the workforce reduction.

Valens is scheduled to release its fourth quarter and full year 2025 financial results before market open on Wednesday, February 25, 2026. Investors will likely be watching closely for more details about the company’s financial position and growth strategy.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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FedEx to return grounded MD-11 cargo jets to service by May 31

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Investing.com -- FedEx announced Wednesday that it plans to return its grounded MD-11 cargo jets to service by May 31, which marks the end of its current fiscal quarter.

"We continue to work with Boeing and the FAA to address any required inspection and maintenance that may be needed to return our MD-11 aircraft safely to service," FedEx said.

The logistics giant is coordinating with Boeing and the Federal Aviation Administration on necessary inspections and maintenance procedures to ensure the aircraft can safely resume operations. MD-11’s have been grounded following a deadly crash in Kentucky last year

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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