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Day: August 4, 2025

Postal Realty Trust, Inc. Reports Second Quarter 2025 Results

– Increased 2025 AFFO Guidance $0.04 to $1.24 – $1.26 per diluted share –– Acquired 68 USPS Properties for $35.9 million at a Weighted Average Capitalization Rate of 7.8% –– Raised $12.8 million from ATM Program During the Second Quarter and Subsequent to Quarter End to Fund Acquisitions – CEDARHURST, N.Y., Aug. 04, 2025 (GLOBE NEWSWIRE) — Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 2,150 properties leased primarily to the United States Postal Service (the “USPS”), ranging from last-mile post offices to industrial facilities, today announced results for the quarter ended June 30, 2025. Highlights for the Quarter Ended June 30, 202529% growth in revenues from second quarter 2024 to second quarter...

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Cheetah Net Supply Chain Service Inc. Announces Second Quarter 2025 Results

IRVINE, Calif., Aug. 04, 2025 (GLOBE NEWSWIRE) — IRVINE, August 4, 2025 (GLOBE NEWSWIRE) – Cheetah Net Supply Chain Service Inc. (“Cheetah” or the “Company”) (Nasdaq CM: CTNT), a provider of warehousing and logistics services, today reported results for the quarter ended June 30, 2025. For the quarter ended June 30, 2025, the Company reported revenue of $354,126 from its logistics and warehousing business, representing a 278.9% increase compared to the same period in 2024. The operating loss was $780,849. After accounting for interest income of $272,228, the Company reported a net loss of $512,528, representing a 6.8% decrease compared to the same period in 2024. Tony Liu, Cheetah’s Chairman and CEO commented, “We are reporting an improving result this quarter sequentially toward stabilization after our logistic and warehousing...

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Arteris To Provide FlexGen Smart NoC IP In Next-Generation AMD AI Chiplet Designs

Arteris’ FlexGen smart NoC IP will be utilized by AMD in semiconductor designs to enable improved product performance and efficiency. CAMPBELL, Calif., Aug. 04, 2025 (GLOBE NEWSWIRE) — In a market reshaped by the compute demands of AI, Arteris, Inc. (Nasdaq: AIP), a leading provider of semiconductor system IP for accelerating system-on-chip (SoC) creation, today announced AMD (Nasdaq: AMD), a global leader in high-performance and adaptive computing, has licensed FlexGen network-on-chip (NoC) interconnect IP for its next generation of AI chiplet design. FlexGen, Arteris’ smart NoC IP technology, will provide high-performance data transport in AMD chiplets powering AI across the company’s broad portfolio which spans from data centers to edge and end devices. The strategic combination and interoperability of Arteris’ FlexGen NoC IP...

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Broadcom Ships Jericho4, Enabling Distributed AI Computing Across Data Centers

Scales 1M+ XPU Clusters Beyond Single Facility Limits PALO ALTO, Calif., Aug. 04, 2025 (GLOBE NEWSWIRE) — Broadcom Inc. (NASDAQ: AVGO), a global leader in semiconductor and infrastructure software solutions, today announced it is now shipping the Jericho4 ethernet fabric router — a purpose-built platform for the next generation of distributed AI infrastructure. Designed to interconnect over one million XPUs across multiple data centers, Jericho4 breaks through traditional scaling limits with unmatched bandwidth, security, and lossless performance. With the Tomahawk 6, Tomahawk Ultra and Jericho4, Broadcom offers a complete networking portfolio for HPC and AI. As AI models grow in size and complexity, the infrastructure requirements exceed the power and physical limits of a single data center. Distributing XPUs across multiple facilities...

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Cabot Corporation to Acquire Mexico Carbon Manufacturing S.A. de C.V. from Bridgestone Corporation

BOSTON, Aug. 04, 2025 (GLOBE NEWSWIRE) — Cabot Corporation (NYSE: CBT) announced that it has entered into a definitive agreement to acquire Mexico Carbon Manufacturing S.A. de C.V. (MXCB) from Bridgestone Corporation. The reinforcing carbons manufacturing facility was commissioned in 2005 and is located in close proximity to Cabot’s current reinforcing carbons facility in Altamira, Mexico, which has operated successfully since 1990. Furthermore, it underscores Bridgestone’s confidence in Cabot as a trusted partner with a proven track record of delivering high-quality, reliable supply. Under the terms of the acquisition, Cabot will strengthen its longstanding partnership with Bridgestone through the long-term supply of reinforcing carbon products from MXCB for Bridgestone. In addition, the facility also has the capability to manufacture...

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Graphjet visited by Korean company

New York, United States, Aug. 04, 2025 (GLOBE NEWSWIRE) — Graphjet Technology (the “Company”) was honoured to receive the visit of management executives of a leading South Korean conglomerate, well-regarded globally in the steel and battery materials industry. The visit served as a meaningful step toward having the Company supply to one of the biggest conglomerates in Korea. Established in 1968, the Korean group is an emerging leader in the battery materials industry. In 2024, it reported consolidated revenues of KRW 72.688 trillion (equivalent to USD 52.6 billion), operating profits of KRW 2.174 trillion (equivalent to USD 1.6 billion), and net profits of KRW 948 billion (equivalent to USD 683.2 million). The group has diversified into high-growth sectors, including lithium extraction, cathode/anode materials, and carbon-neutral...

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W&T Offshore Announces Second Quarter 2025 Results, Declares Dividend for Third Quarter of 2025 and Celebrates 20 Year Anniversary on New York Stock Exchange

HOUSTON, Aug. 04, 2025 (GLOBE NEWSWIRE) — W&T Offshore, Inc. (NYSE: WTI) (“W&T,” the “Company,” “we” or “us”) today reported operational and financial results for the second quarter of 2025, declared a third quarter 2025 dividend of $0.01 per share and celebrated 20 years as a public company on the NYSE by ringing the closing bell. This press release includes non-GAAP financial measures, including Adjusted Net Loss, Adjusted EBITDA, Free Cash Flow, Net Debt and PV-10, which are described and reconciled to the most comparable GAAP measures in the accompanying tables to this press release under “Non-GAAP Information.” Key highlights for the second quarter of 2025 and through the date of this press release include:Increased production by 10% over the first quarter of 2025 to 33.5 thousand barrels of oil equivalent per...

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Transocean Ltd. Reports Second Quarter 2025 Results

                                       Three months ended           Three months ended        June 30,2025   March 31,2025   sequentialchange   June 30,2024   year-over-yearchange(In millions, except per share amounts, percentages and backlog)                                    Contract drilling revenues $ 988       $ 906       $ 82       $ 861       $ 127  Revenue efficiency (1)   96.6   %     95.5   %             96.9   %      Operating and maintenance expense $ 599       $ 618       $ 19       $ 534       $ (65 )Net loss attributable to controlling interest $ (938 )     $ (79 )     $ (859 )     $ (123 )     $ (815 )Basic loss per share $ (1.06 )     $ (0.09 )     $ (0.97 )     $ (0.15 )     $ (0.91 )Diluted loss per share $ (1.06 )     $ (0.11 )     $ (0.95 )     $ (0.15 )     $ (0.91 )                                     Adjusted...

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Vornado Announces Second Quarter 2025 Financial Results

NEW YORK, Aug. 04, 2025 (GLOBE NEWSWIRE) — Vornado Realty Trust (NYSE: VNO) reported today: Quarter Ended June 30, 2025 Financial Results NET INCOME attributable to common shareholders for the quarter ended June 30, 2025 was $743,819,000, or $3.70 per diluted share, compared to $35,260,000, or $0.18 per diluted share, for the prior year’s quarter. The increase is primarily due to the $803,248,000 gain related to the 770 Broadway master lease with New York University (“NYU”). FUNDS FROM OPERATIONS (“FFO”) attributable to common shareholders plus assumed conversions (non-GAAP) for the quarter ended June 30, 2025 was $120,928,000, or $0.60 per diluted share, compared to $148,944,000, or $0.76 per diluted share, for the prior year’s quarter. Adjusting for the items that impact period-to-period comparability...

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Crown Castle Appoints Christian Hillabrant as President and Chief Executive Officer

HOUSTON, Aug. 04, 2025 (GLOBE NEWSWIRE) — Crown Castle Inc. (NYSE: CCI) (“Crown Castle” or the “Company”) today announced that its Board of Directors has appointed Christian Hillabrant as President and Chief Executive Officer, effective September 15, 2025. Mr. Hillabrant is also expected to join the Company’s Board at that time. P. Robert Bartolo, Chair of the Crown Castle Board of Directors, said, “We are thrilled to welcome Chris as Crown Castle’s next CEO. Chris is a respected global telecommunications leader with a strong track record of driving performance. His deep industry expertise – particularly in managing tower infrastructure at scale – positions him well to lead Crown Castle into its next chapter as a pure-play U.S. tower company. Chris’s appointment marks the conclusion of a thorough search process conducted by the...

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