Automotive & Electric Vehicles
Kia America (WBX) shattered records in March 2025 by selling 78,540 units and posting its best first quarter ever, underscoring robust demand and strategic expansion (details here).
Li Auto (LI) reported strong March deliveries of 36,674 vehicles, with first‐quarter numbers signaling sustained momentum in the NEV market (read more).
NIO (NIO) provided a robust update with 15,039 vehicles delivered in March and a first‐quarter growth of 40.1% year-over-year, boosted by its new executive flagship model, the ET9 (more info).
AutoNation (AN) expanded its footprint by acquiring Groove Ford and Groove Mazda in Englewood, Colorado. The dealerships, now rebranded as AutoNation Ford Arapahoe and AutoNation Mazda Arapahoe, generated approximately $219M in annual revenue in 2024 with close to 5,000 vehicle transactions, boosting the company’s presence to 22 locations in the Denver area (read more).
Financial Strategies & Corporate Moves
Victory Capital (VCTR) marked its 15‐year global partnership with Amundi, reintroducing the Pioneer Investments brand and setting assets under management at $119 billion (read details).
Celsius Holdings (CELH) bolstered its market position by acquiring Alani Nu® for $1.8 billion (net purchase of $1.65 billion), merging two well-known functional beverage portfolios (details here).
VOXX International (VOXX) was acquired by Gentex Corporation (GNTX) in an all‐cash deal at $7.50 per share, combining VOXX’s expertise in automotive and consumer electronics with Gentex’s broader technology portfolio (read more).
Verizon Communications (VZ) now faces a potential class action investigation over alleged pension miscalculations, which could impact retirees’ joint and survivor annuities (read more).
nCino (NCNO) reported robust Q4 and FY2025 performance with total Q4 revenues of $141.4M (up 14% YoY) and full‐year revenues of $540.7M (up 13% YoY), complemented by a $100M stock repurchase program that underscores its growth momentum (read more).
Venus Concept (VERO) executed a significant debt-to-equity exchange with Madryn Asset Management, converting $11 million of subordinated convertible notes into 379,311 shares of Series Y preferred stock. This move reduced total debt to about $35.5 million – a key step in optimizing its capital structure (read more).
Syra Health Corp. (SYRA) announced a voluntary delisting from the Nasdaq Capital Market, with its final trading day expected around April 21, 2025. This strategic move is aimed at refocusing on core fundamentals and reducing associated costs (see announcement).
Biotech & Pharmaceuticals Developments
Pfizer (PFE) secured European Commission approval to broaden its RSV vaccine ABRYSVO® indication to include adults aged 18–59, a critical advance in RSV preventive care within the EU (see announcement).
Apellis Pharmaceuticals (APLS) received FDA Priority Review for its supplemental NDA for EMPAVELI® in rare kidney diseases, with a PDUFA decision expected by July 28, 2025 (details here).
Johnson & Johnson (JNJ) faced a setback as a federal judge rejected its bankruptcy strategy aimed at limiting talcum powder liability, potentially opening the door for numerous ovarian cancer claims (read more).
Sunshine Biopharma (SBFM) reported fiscal 2024 revenue of $34.9M – a 45% increase from the prior year – even as its net loss widened slightly, reflecting both growth initiatives and rising costs (read more).
Tech & Innovation Highlights
IonQ (IONQ) expanded its global reach with the launch of IonQ Forte Enterprise, now available via Amazon Braket and its own cloud platform, pushing the boundaries of quantum computing (full announcement).
Ansys (ANSS), in a collaboration with Baker Hughes and Oak Ridge National Laboratory, set a supercomputing record using 1,024 AMD Instinct MI250X GPUs to cut simulation run times by 96%, marking a breakthrough in computational fluid dynamics (read more).
Industrial, Energy & Defense Developments
Centuri Holdings (CTRI) secured over $360 million in new project awards spanning utilities, energy, and data center infrastructure, reinforcing its leadership in grid modernization (read details).
Tetra Tech (TTEK) was selected by Ireland’s national water utility to develop sustainable water infrastructure projects impacting up to 50% of the population, including a new treatment plant and over 170 kilometers of pipeline (read details).
Embraer (ERJ) obtained a major commitment from Sweden for the purchase of four C-390 Millennium aircraft, strengthening its foothold in the multi-mission aircraft market (read more).
EnerSys (ENS) announced a strategic manufacturing restructuring that includes closing its lead-acid battery facility in Monterrey, Mexico, and shifting production to Richmond, Kentucky. Although incurring a $20 million pre-tax charge, the move is slated to deliver $19 million in annual pre-tax benefits from fiscal year 2027 (more info).
BrainChip Holdings (BRCHF) partnered with Raytheon Company, an RTX business, to fulfill a $1.8M contract from the Air Force Research Laboratory. The collaboration focuses on neuromorphic radar signal processing, enhancing radar capabilities on SWaP-C–constrained defense platforms (read more).
Lithium Americas (LAC) announced the final investment decision for Phase 1 of its Thacker Pass lithium project in Nevada and secured a $250 million strategic investment from Orion Resource Partners – a milestone that cements the project's fully funded status (read more).
Tenaris (TS) filed its 2024 Annual Report and Form 20-F with securities regulators and scheduled its Annual and Extraordinary General Meetings for May 6, 2025, providing detailed insights into its consolidated performance and sustainability initiatives (read more).
