Advance Auto Parts Inc (AAP) Stock News

SAP Fioneer announced the launch of Cloud Accounting Subledger (CAS), a cloud-based solution designed to help financial institutions manage complex multi-GAAP accounting requirements and modernize finance operations. The solution consolidates accounting processes for standards like IFRS and US GAAP into a single unified environment, reducing reconciliation complexity and improving transparency across finance and reporting functions.

Caisse Régionale de Crédit Agricole Mutuel Alpes Provence executed buyback transactions of Cooperative Investment Certificates (CCI) from July 6-10, 2026, as authorized by the General Assembly on March 31, 2026. A total of 245 shares were repurchased across five trading days at prices ranging from €143.02 to €145.98 per share on the XPAR market through Kepler Cheuvreux.

Wedbush Securities analyst Dan Ives maintains an 'Outperform' rating with a $400 price target on Apple, projecting 30% upside ahead of WWDC. The analyst expects Apple to announce a major AI strategy integrating large language models and a revamped AI-driven Siri powered by Google's Gemini. Ives estimates AI monetization could add $75-$100 to Apple's stock price and generate an additional $15 billion in annual services revenue. The event marks a pivotal moment as John Ternus prepares to take over as CEO from Tim Cook.

iPower Inc. reported fiscal Q3 2026 results showing significant operational improvements with a 66% sequential decline in operating expenses to $1.9 million and narrowed non-GAAP net loss to $0.3 million. The company recorded a $3.0 million non-cash goodwill impairment but strengthened its balance sheet with a current ratio of 2.2x. Post-quarter, iPower secured $2.6 million in contracted sublease income through May 2028 and launched an AI infrastructure strategy with initial commitments of up to $3 million in GPU-collateralized investments.

<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css" /> <p><strong>Operating expenses declined 66% sequentially</strong></p> <p><strong>GAAP net loss primarily reflected non-cash goodwill impairment; non-GAAP net loss narrowed to $0.3 million</strong></p> <p><strong>Company strengthens platform through asset-light operations, contracted sublease income and recently launched AI infrastructure strategy</strong></p> <p align="justify">RANCHO CUCAMONGA, Calif., May 20, 2026 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/IPW" rel="nofollow">IPW</a>) ("iPower" or the "Company"), a technology- and data-driven company operating at the intersection of supply chain, infrastructure and digital assets, today reported financial results for its fiscal third quarter ended March 31, 2026.</p> <p align="justify">Fiscal third quarter results reflected continued progress in iPower's strategic operating reset following the divestiture of Global Product Marketing Inc. and the Company's transition toward a leaner, more asset-light operating model.</p> <p align="justify">For the fiscal third quarter of 2026, revenue from continuing operations was <strong>$3.5 million</strong>, gross profit was <strong>$0.8 million</strong>, and gross margin was <strong>21.6%</strong>. Total operating expenses declined to <strong>$1.9 million</strong>, compared with <strong>$5.6 million</strong> in the fiscal second quarter of 2026 and <strong>$7.2 million</strong> in the prior-year quarter.</p> &lt